Avoid Foreclosure http://no-to-foreclosure.com Foreclosure Solutions Information you need to Avoid Foreclosure Mon, 28 Feb 2011 00:12:51 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Solving Your Mortgage Crisis Just Got Easier http://no-to-foreclosure.com/solving-your-mortgage-crisis-just-got-easier/ http://no-to-foreclosure.com/solving-your-mortgage-crisis-just-got-easier/#comments Mon, 28 Feb 2011 00:06:14 +0000 Eva Aliaga http://no-to-foreclosure.com/?p=469 . . . → Continue reading: Solving Your Mortgage Crisis Just Got Easier]]> 5 Steps for a Successful Short Sale

Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.

If you are considering short selling your home to avoid the financial and emotional fallout of foreclosure, you should be aware of the five steps you should take to increase your chances of a successful transaction.

First, do you qualify?

You must:

  1. Have a verifiable hardship, like unemployment, medical bills, or relocation
  2. Must have a monthly income shortfall
  3. Be insolvent (you have no cash or assets that can be sold to pay down the mortgage), or headed towards insolvency

If you meet these qualifications, follow these five steps to a successful short sale:

  1. Contact me so we can identify your servicer, fill out a short sale packet for the lender, and assemble all the required information needed to list your home for sale
  2. Gather financial information (i.e., bank statements, pay stubs) from at least the last three months
  3. Keep your house in showcase condition for showings, and make as many repairs as necessary and that you can afford
  4. Expect the lender, junior lien holders, and private insurance companies to request more paperwork, and try to gather requested information quickly to ensure transaction efficiency
  5. Set realistic expectations and work with me, the lender, and the buyer to the satisfaction and benefit of all parties involved

For more information about how the short sale process works, or about any other foreclosure alternatives you may qualify for, call me today. I can help you alleviate the burden that the threat of foreclosure brings, and we can develop a strategy to help you breathe a little easier.

]]> http://no-to-foreclosure.com/solving-your-mortgage-crisis-just-got-easier/feed/ 0 Press Release http://no-to-foreclosure.com/local-agent-releases-new-report-for-struggling-homeowners-seeking-to-work-with-lenders-to-find-solutions/ http://no-to-foreclosure.com/local-agent-releases-new-report-for-struggling-homeowners-seeking-to-work-with-lenders-to-find-solutions/#comments Mon, 03 Jan 2011 03:08:41 +0000 Eva Aliaga http://no-to-foreclosure.com/?p=421 FOR IMMEDIATE RELEASE                                                           For more information, please contact: Eva Aliaga 561-859-9926 Eva@EvaAliaga.com

Local Agent Releases New Report for Struggling Homeowners Seeking to Work With Lenders to Find Solutions

Online report . . . → Continue reading: Press Release]]> FOR IMMEDIATE RELEASE                                                           For more information, please contact:
Eva Aliaga
561-859-9926
Eva@EvaAliaga.com

Local Agent Releases New Report for Struggling Homeowners Seeking to Work With Lenders to Find Solutions

Online report outlines foreclosure alternatives for homeowners struggling to make mortgage payments in Boca Raton, Delray Beach, Boynton Beach, Coral Springs & Coconut Creek.

Boca Raton, FL – January 1, 2011 – Local CDPE-designated agent, Eva Aliaga of Keller Williams Realty, has developed a website providing information describing several opportunities for homeowners to avoid the negative financial impact of foreclosure.

This community resource is available at No-to-Foreclosure.com and defines foreclosure alternatives, including short sales, loan modifications and deeds-in-lieu of foreclosure.

“The New Year is when most Americans set goals to increase their financial stability, but for many in Boca Raton, Delray Beach, Boynton Beach, Coral Springs & Coconut Creek, financial stability seems unattainable,” Aliaga said.  “With this report, I’m showing homeowners that they have options and that lenders are now more than ever willing to work with them.”

According to Fitch Ratings, lenders are projected to lose 45-85% of the initial loan amount in foreclosure sales in 2011. In a short sale transaction, homeowners avoid foreclosure by working with their lenders and selling their property for less than the mortgage amount owed. Although lenders accept less, the financial loss is far less severe than a foreclosure.

“In the New Year, we all want to look forward to a prosperous future and it’s frustrating when stability seems out of reach,” Aliaga said.  “What struggling homeowners need to understand is that there are alternatives to foreclosure. All they need to do is ask for help.”

The CDPE Designation Aliaga has acquired provides a specific understanding of the complex issues confronting distressed homeowners.  Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.

To learn more, visit www.No-to-Foreclosure.com.

For more information about the CDPE Designation, visit www. CDPE.com.

]]> http://no-to-foreclosure.com/local-agent-releases-new-report-for-struggling-homeowners-seeking-to-work-with-lenders-to-find-solutions/feed/ 0 Avoiding Foreclosure http://no-to-foreclosure.com/avoiding-foreclosure/ http://no-to-foreclosure.com/avoiding-foreclosure/#comments Thu, 23 Sep 2010 02:26:07 +0000 Eva Aliaga http:/?p=1 Chances are, you or someone you know in the Boca Raton, Delray Beach or Boynton Beach area is facing the possibility of foreclosure. But you need to understand that you are not alone.

Today, nearly 1 out of every 6 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it’s important . . . → Continue reading: Avoiding Foreclosure]]> Chances are, you or someone you know in the Boca Raton, Delray Beach or Boynton Beach area is facing the possibility of foreclosure. But you need to understand that you are not alone.

Today, nearly 1 out of every 6 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it’s important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.

Through my experience handling distressed properties at Keller Williams Realty in South Florida, I’ve found that homeowners today have more questions than answers about their circumstances. I have created this site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.

You may also have noticed that I’m offering you a FREE Report to explain your options and help you decide on a course of action. The idea of losing a home can be overwhelming, and I feel it is vital for you to have all the facts necessary to make an informed decision.

As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting the market, and know that there are options available to you.

If you would like to know more about your options, please call me at 561-859-9926 or send me a quick email to Eva@EvaAliaga.com.

I am here to help … in any way I can.

Eva Aliaga

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