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Situation |
Quick House Sales Specialist -
Option |
- If unwilling/unable to service debt & house payments
current
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- Lease Property & Obtain Option to Buy
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- If unwilling/unable to service debt & house payments are
late
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- Bring Loan Current - Pays Back Payments,
Penalties, Lease Property and Obtain Option to Buy From
Homeowner... stops further credit damage, payments
made on time going forward and homeowner's credit is improved
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- If unwilling/unable to service debt & lender has
initiated foreclosure proceedings
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- Cure Loan - Pays Back Payments, Penalties, Lease
Property & Obtain Option to Buy From Homeowner... stops further
credit damage, payments made on time going forward and credit is
improved.
- Short Sell - If Homeowner has a distress
situation, QHSS will negotiate a Short Sell (amount less than owed
on mortgage) and drives to have lender accept as payment in full (no
Deficiency Judgment against homeowner).
- Purchase Homeowner Assets & Cash for Keys Incentive (where
permissible) to Have Homeowner Move
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- Property Has Been Foreclosed (Sold at Public Auction)
but owner has equity.
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- QHSS Option: Purchase homeowner's Right of Redemption...
Homeowner gets immediate cash.
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