Disclaimer: This real estate company does not offer legal advice. The information provided is for informational purposes to help homeowners understand their options based on state laws.
"Maryland Preforeclosure, Step-by-Step Guide to Saving Your Home"
- Understand Your Rights: Learn the legal aspects of preforeclosure in Maryland.
- Step-by-Step Guidance: Follow a clear, actionable plan to navigate the preforeclosure process.
- Effective Communication: Tips on how to effectively communicate with your lender.
- Financial Strategies: Explore options like loan modifications, forbearance, and refinancing.
- Avoiding Foreclosure: Proven strategies to prevent losing your home.
- ...and many more tips!
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Professional Advice:Â
Insights From Real Estate Experts Tailored to Maryland Laws
"Have you received a "Notice of Default" from your lender?"
KNOW YOUR OPTIONS...
Reinstate the Loan: Pay the overdue amount, including any fees, to bring the mortgage current.
Loan Modification: Negotiate new terms with the lender to make payments more manageable.
Forbearance Agreement: Temporarily reduce or pause payments, with a plan to catch up later.
Short Sale: Sell the home for less than the owed amount, with lender approval.
Deed in Lieu of Foreclosure: Voluntarily transfer the property to the lender to avoid foreclosure.
Refinance: Obtain a new loan to pay off the existing mortgage.
Bankruptcy: File for bankruptcy to potentially halt the foreclosure process temporarilyÂ
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Dear Homeowner,Â
We understand that this situation can feel overwhelming, but you have options. As a real estate professional I can't offer legal advice, but I can provide compassionate guidance and connect you with trusted resources like housing counselors and attorneys who specialize in foreclosure prevention.
Together, we can explore solutions to keep your home, including:
Loan Modification (Negotiating a more affordable monthly payment)
Short Sale (Selling your property to avoid foreclosure)
Other alternatives based on your unique situation.
Let's navigate this difficult time together. Â I'll help you understand your options and find the support you need.
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Request my FREE E-BOOK :
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Facing Foreclosure? Don't Lose Hope.
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CALL NOW…
FERNANDO HERBOSO
(240) 426 5754
Realtor | Manage Broker of Samson Properties
