Real Estate Toledo, Sylvania, OH ~ Temperance, MI
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Foreclosure Help - Foreclosure Prevention


Real Estate Foreclosure help or Foreclosure Prevention is possible.  If you are trying to AVOID a Foreclosure, or SELL a foreclosed house, or Buy A Foreclosed Property, we can help.   We help people save their credit. We also help people Buy Bank Owned, Foreclosed Homes.

Real Estate Foreclosure happens when a bank repossesses (or takes back) a house from a borrower for reason of non-payment.  Generally, a borrower must be 3 or more payments behind, and sometimes 4 or 5 payments behind before the bank forecloses.  

Those who own the house can be helped to minimize the damage to personal finances and credit reports by selling before the bank forecloses.  Most banks will hold off foreclosure if you are making honest efforts to sell.  Most banks will take less than you owe if it saves the cost of foreclosure.  Banks typically incur a cost of at least $10,000 to foreclose, and then they lose money on the house due to fire sale prices for foreclosed homes. 

Once the bank owns the house, they don't want to keep it long, so they tend to price low so they can sell fast.  In this case, we can help buyers get uncommonly good deals from bank owned, or foreclosed homes in Toledo, OH and Sylvania, OH as well as Temperance Michigan.  

Foreclosure can happen for many reasons.  Good people can lose their jobs in specialized fields, be injured on the job, suffer a run of bad luck, be the victims of an uninsured accident, divorce, death in the family, or other reasons.  Sometimes a simple bad choice crosses a line and then it is too late.  No matter what brings you to an interest in Foreclosure Help, we can help you make the best of the situation.  Chances are good we can even prevent a foreclosure from happening.   

Call today!  419-764-9649

Whether selling or buying, you should feel no shame.  I personally understand these situations, and have helped good people in each case.  Foreclosure sellers are not bad people.  Life happens.  Foreclosure buyers are not bad people.  They are simply looking for a bargain.  Who can blame them for taking advantage of one?  The bank is sometimes seen as a 'bad guy' in the process, but the bank employees are just doing their job.  When you take out a loan, you have to pay it back.  Three months is a lot of "wobble room".  After that, people are just doing their jobs to minimize losses for the bank investors.  In fact, most every bank or lender has a "LOSS MITIGATION department staffed by people who work with agents to solve the problems before they get worse.

Pre-Foreclosure Services:  If your bank is trying to foreclose on your house, we may be able to stop it before it starts.  If the foreclosure has already been completed, and the sheriff sale has taken place, there is still a good chance we can still get it off your credit record. 

If you want to buy bank owned or foreclosed properties, we can help you with this.  We have agents who are expert in this field, which means you can get the best advice and outcome.

Call For Details.  419-764-9649

 


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Web Site Last Updated 02-05-2008
New Listings Available Daily Through MLS Search by Team Member.
American Dream Team Leader, Lonn Dugan is Former Realtor, Now Agent Coach, Author, Trainer, Speaker, Webmaster. 
Licensed in Holding Company Only - Masters Real Estate Network

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