What are your options as a home owner?

If you want to keep your home:​​

• Refinance 

• Lender loan workout

  • Loan Modification​

  • Forbearance

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If you want to leave your home:

• Deed in lieu of a foreclosure

• Foreclosure

• Short Sale

• Sale your home and cover the loan shortage

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Short Selling your home is a better option that letting the bank foreclose on your home. 

 

Benefits of a short sale are:

• Less damage to your credit score

• Better for your credit history

• Easier to establish credit

• Better for employment

• Possible relocation funds

• Faster ability to buy a home again

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