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Homeowners | Realtors | Investors | Join Now | Our Clients | The Process |
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Restructure of loan terms to make payments affordable to you. This can include interest rate adjustment, stretching loan over additional years, or turning balloon payments into “regular” long term loans. More.... Special Forbearance Breaking up overdue payments over an affordable time period, without restructuring original loan that will, over a certain time period, bring the borrower current on his or her payments. More.... Repayment Plan Resuming previous payments, with overdue payments due at the END of loan term or when property is sold or refinanced. More.... Payment Deferment Deferring a payment when you already have a mortgage depends on your lender. And it will also depend on what your definition of "defer" is. Some lenders have policies set up for hardships, etc... The only real way to answer this question is to call CTCSS now and ask a representative. More.... Foreclosure Postponement The lender agrees to an additional period of time, from between 1 to 6 weeks, before the lender forces a sale of a property because the borrower has not met the terms of the mortgage. More.... Short sale An agreement between a mortgage borrower in distress and the lender that allows the borrower to sell the house and remit the proceeds to the lender. It is an alternative to foreclosure, or a deed in lieu of foreclosure. More.... Deed In Lieu of Foreclosure Giving ownership of the home to the lender by agreement to avoid foreclosure. (Consult your tax advisor regarding potential tax issues. This may be a taxable event.) More.... But time IS of the essence, so don't wait until it's too late... Contact us today for your FREE consultation. Call toll free 877-452-5328 and STOP FORECLOSURE NOW! Toll Free: (877) 452-5328 Local: (678) 344-3890
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Call Us Today... Find Out How CTCSS Can Make a Difference.
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