Possibly Losing your Home to a Foreclosure ?

It is totally natural to feel humiliated when you are facing the possibility of losing your home to foreclosure. It also makes you feel helpless because you were not able to pay for your home. The depression grows as the date becomes closer when you will be forced to leave your home due to your debts.

Sure, there may be concerned people who try to console you, but sometimes rather than making you feel better, this scenario may make you feel even worse. And to top that, your children may be trying to know the reason why the family is moving out.  These scenarios are simply gloomy so nobody would want to experience this.

In this case, you must immediately take necessary the steps if you are having troubles with paying your home mortgage loan. The following are some suggestions to put a stop to the looming foreclosure:

The first step that you must take is to get in touch with your lender. Never run away or avoid them when you failed to pay your dues. The best move is to come out and approach them so that you can explain why you are not able to pay your balance. It is also in this way that you and the lender can figure out an agreement in which it will be easier for you to settle the monthly payments.

Sure enough, lenders are always willing to make arrangements just so that they can collect rather than not get anything at all. On your part, you can request to refinance your loan so that all your unpaid dues that have collected as well as the remaining balance will all be transferred to a new loan. Refinancing can somehow help you start afresh.

Finally, if you find yourself in this predicament and are unable to do a loan modification, be sure to call Joyce Corsi Hazen of Long Realty Arizona Properties, who can help discuss a Short Sale and other options available to you.

Joyce Corsi Hazen, REALTOR®, CNE, SFR
Long Realty Arizona Properties
Member of the Peoria Chamber of Commerce
Cell:  602-284-9822
Office:  623-209-2400
Fax:  623-505-4346
Toll Free: 877-477-2578 (U.S only)

Advertisements

About Joyce Hazen, REALTOR, CIPS, CNE, SFR

An Arizona and Greater Metropolitan Phoenix Realtor, I am a full service professional with an International Designation, CIPS, who works with Buyers, Sellers & Investors all around the world. I have experience in both the residential and commercial communities. In addition, as a Certified Negotiation Expert I work my hardest to utilize my negotiation skills to benefit all clients. I also speak French, English and Italian. Originally from Canada, having moved to the Valley in 2000, I pay special attention to your personal individual needs and desires, to find you the home, land, or building that you’ve been dreaming of. Real Estate has given me the privilege of working with so many wonderful people and with my knowledge, tools and skill set I have been fortunate to realize that individual needs change from person to person, business to business, culture to culture, and that every request is important to you. For that very reason, when I embark on a journey, I work closely with you, whether you are buying or selling a home or commercial space, whether it is a tradition sale, short sale or foreclosure. I will help you as I am highly motivated, results driven and have taken time to research the marketplace, trends and opportunities to know how to best serve you. With my experience, culture and languages, you can rest assured that your best interests are my priority. I will help you find the home or property of your choice and professionally negotiate on your behalf. It is for these reasons that so many of my clients refer me to their friends and families. The Valley of the Sun has been one of the fastest growing U.S. metropolitan communities, Phoenix has grown tremendously over the past couple decades. Financial Institutions are working with Americans, offering terrific mortgage deals, as well as with foreign investors who are interested in purchasing second homes… the opportunities are endless. My mission and goal is to provide you with superior service. Welcoming new residents to Arizona including Americans and International clients who want to relocate permanently, a home away from home or to escape cold winters, is a pleasure! I enjoy meeting new people and always set my goals high and strive to achieve them. If you’re ready to search for the perfect property, I am here to show you the very best homes that meet your criteria.
This entry was posted in Real Estate. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s