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ARE YOU FACING FORECLOSURE?

THERE IS HOPE . . .

Call Pam Palone 719-660-6637
Many people are currently facing some form of financial stress due to the trying economic times; you may even be facing foreclosure.  

I know that it is hard to trust someone right now, but I am asking you to call me and let’s talk about how I can help you.   I want you to understand the different options that are available to you.

 

I am a Certified Distressed Property Expert so if you have any family or friends who are facing foreclosure, please let me know as I may be able to help.  I can go through the options they have to possibly avoid foreclosure and save their credit. If they are not here in Colorado Springs, I can still help them, as I can find them an agent with a Certified Distressed Property Expert designation in their location reputable.

  
There are several options available to you before a bank forecloses on your home and many homeowners, just like you, don’t know this. They simply do the best they can and hang on until it is too late, then the bank forecloses, their home is gone and their credit is ruined.

 

Foreclosure is a devastating process that can, and should be avoided. There are very good reasons to consider a short sale – it is less damaging to your credit as there is approximately only a 50 point hit as opposed to a 300 point hit for a foreclosure. Also, you will be able to purchase another home in two to three years instead of seven if you have a foreclosure on your credit.

 

If I am able to help you, there is no cost to you for my services and I will work with your mortgage company to see if you qualify for a “Short Sale”. A short sale is when we ask the bank to take less money than what is owed on the property. For example, if your mortgages total $200,000 but your home is only worth $180,000 we are “shorting” the bank money; it’s not a “quick” sale.

 

There are many factors involved in determining the correct course of action to take if you are facing foreclosure and I may not be able to help you, but I will do my very best.

 

 

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