Avoid Foreclosure

Each Day You Wait Limits Your Options For Recovery.

The downturn in the real estate market and the economy has put thousands of San Diego homeowners in a negative equity position.  If they suffer a loss of income or financial emergency during this time, they may not be able to make their mortgage payments.  New Team Realty specializes in this unique situation and has counseled thousands of home owners, helping them get out from under their high payments and massive debt then putting them on a path of recovery.

• Plan 1- NEGOTIATE LOWER PAYMENTS WITH A LOAN MODIFICATION: This is always our first step.  A loan modification allows you to stay in your home by restructuring your loan, lowering your payments and preventing foreclosure.  For more information on loan modifications, visit www.WorkitOutSanDiego.com or Schedule a Consultation to see if you qualify.

 

• Plan 2– GET OUT OFF DEBT WITH A SHORT SALE:  If you owe more money on your home than it is worth and are unable to make your mortgage payment, a short sale is a way to rid yourself of useless debt, save your credit score and most likely incur zero tax consequences.  Even better, a short sale will cost you nothing!  New Team Realty has a team of experienced agents who specialize in this real estate transaction and have a proven track record of successful short sale closings.  Visit our FAQ section for more information or Schedule A Consultation directly to see if you qualify.