The alternative to strategic default or involuntary foreclosure or short sale
Described below are a few different scenarios or situations that will work with the Mortgage Relief Program
Our Mortgage Relief Program is not complicated at all. This process works well for non assumable mortgages too. We'll simply become the new owners of the property and start making the future mortgage payments via our Lease Purchase tenants that we place in the property. We will provide you with the necessary paperwork to read, sign and notarize and then we'll record at the local county recorders office or the appropriate institution for recording in your state and the process is completed.
`Let's follow the steps that a typical home owner -- we'll call him James -- would follow:
•Scenario a: - James is current in his mortgage payments on his home. First, James tries to sell his home through his local realtor. He is informed however that the current market value of his home is much less than what he owes on his mortgage. He has an upside down mortgage or an underwater home. He wants to move but can't. He's able to pay the mortgage but doesn't want to. James wants a new home right away (downgrading or upgrading) with better financing, lower mortgage payments and wants a new home that is not upside down (owes more than what it’s worth), cost less to buy, etc. His credit is still good and he can qualify for another mortgage. He contacts us, Mortgage Relief Solutions and after discussing his situation he decides to have us take over the mortgage payments and home. We provide the paperwork to James and after he reads, signs and notarizes James moves out and we become the new owners of James old property and we start making all future mortgage payments via our Lease Purchase tenants. •James sets out to find a new home. James finds one. James then writes a purchase offer on the new home and submits a loan application. •James never makes another payment on his old home. We took over the mortgage payments and he moved on. • •Scenario b: - Richard lost his job. He doesn't want to pay his mortgage out of the little savings that he has, besides when that is depleted what will he do then? Richard wants to avoid foreclosure on his credit because he may purchase a home later when his financial situation improves. He's already in danger of defaulting on the mortgage and wants to avoid foreclosure and since he cannot obtain a new mortgage loan after a foreclosure for a very long time he wishes to avoid that and maintain what ever good credit rating he has left. Oh but wait he owes more than what his home is worth. He is unable to sell but can't stay in the home and make the mortgage payments because he has no income. He sets out to find a solution to his problem. He contacts Mortgage Relief Solutions and after a brief consultation and Q & A session he decides to let Mortgage Relief Solutions take over the home and future mortgage payments. He can now concentrate on straightening out his financial situation and perhaps purchase another home later. Richard moves out and we take over mortgage payments and property.
• Richard never makes another payment on his old home. Mortgage Relief Solutions took over the mortgage payments and he moved on.
•Scenario c: - Michael is one month or more behind on his mortgage payment already and is seriously considering foreclosing and walking away from the mortgage debt and home. His credit is shot and he does not care for whatever reason. He is willing to foreclose or perhaps he has no choice in the matter. However he hears about us, Mortgage Relief Solutions who can take over his mortgage payments. Michael figures he was going to foreclose and walk away anyway. He has nothing to lose, only to gain especially if Mortgage Relief Solutions can take over the mortgage and home and avoid foreclosure Michael will benefit in the end.
• Michael never makes another payment on his old home. We took over...he moved on.
This program is designed Only for owners who have Voluntarily given up a desire to continue to keep their property for whatever reason (strategic defaulters) or perhaps they may be facing foreclosure (involuntary default). This is no scam. We are not trying to trick anyone out of their home. We do not want your property unless you have decided that YOU do not want to pay the mortgage anymore and/or do not want the property and you have considered walking away and simply foreclosing. Again, this is not for homeowners who want to remain in the property, Only for those who want to give up their property due to imminent foreclosure or other personal circumstances. In other words...Take over my House...Take over my payments...Take over my Mortgage. You turn the house over to us and we will become the OWNERS OF THE PROPERTY. We will provide you with the appropriate paperwork and documentation along with the proper proof of recording at the local county recorders office or the appropriate institution for recording in your state. We are upfront, honest and ethical. We are not trying to convince you to rent the house back from us with the promise to sell it back to you later. Nor are we trying to strip you of any equity because in almost every case nowadays there is none. This Mortgage Relief Program, once again is for homeowners who have decided to walk away from the property the right way and want to utilize this alternative to foreclosure. We believe it is better to try this Mortgage Relief Program than to foreclose voluntarily (strategic default) or involuntarily and stain your credit for at least seven to ten years. Obviously if you could sell your house now you wouldn't need our Mortgage Relief Program. You can't sell a home in the traditional market that is owed more than what it is worth. No bank or lender will lend any buyer the money to do this. You can't put the house on the market and expect a realtor to sell it either. It just won't work. Our Mortgage Relief Program will allow you to "sell" in a different way, We take over the mortgage payments and house and then resell the home when property values reach the amount of your mortgage loan. This gives you the freedom of using your former mortgage payments to do with what you feel is best, pay your bills, pay your rent or mortgage for your other home if you have one or get one in the future. Your mortgage loan could remain until the term of your mortgage ends or in just a few years depending on what you owe and the value of the house. The bottom line is you will get relief from current payments until we can get the loan paid off. Of course you do not have to do this, it is an option however that many are choosing instead of just immediately voluntarily defaulting or paying on a mortgage that is draining your finances. So, If a) you cannot sell your property and it is perhaps vacant and you are paying the monthly mortgage note and you can no longer afford it anymore, our Mortgage Relief Program will keep that monthly payment in your pocket to spend as you please. Or if b) your home is occupied and you cannot or will not pay the mortgage anymore, even if you are behind in payments, then this may be for you as well. 1.) WE'LL TAKE OVER YOUR HOUSE PAYMENTS regardless if you owe more than what the property is worth (upside down mortgage or underwater home). You transfer the home to us (we will assist you with the paperwork and documents) and we’ll do the rest. Mortgage Relief Solutions...WE PROVIDE FINANCIAL RELIEF NOW! We take over Payments, We take over Mortgages, We take over Houses, We take over Property. So for the current homeowner who needs immediate assistance, we take over your mortgage for a home that most likely qualifies under our Mortgage Relief Program, we acquire the home and you stop making payments to your mortgage company/lender. We eliminate the worries of a vacancy, double payments, foreclosures, money for repairs, closing costs, or having your home remain for sale on the market month after month while you are making payments with the thousands of other homes not selling in an upside down market.
You have NOTHING to repair on the property thus saving you time and money to try to get your home ready for sale. Once we take over the property we'll handle the rest. We acquire your home "AS IS" as long as you give us a full and honest disclosure about the property. You have enough to think about...don't worry about the shape your house is in! We've have seen everything! Remember we want you to get rid of the stress today!
3.) YOUR PROBLEM HOUSE AND MORTGAGE PAYMENT? LET IT BE OUR PROBLEM!
We are setup to move and control the property quickly. Because we already have our system in place, we can offer the EASIEST AND QUICKEST solution to you! We will assign a Property Manager to manage and/or occupy the property and/or we may match the property with our Lease /Purchase client or Investor/assignee or one of our many programs that will relieve the stress and burden off of you today! But we will take over the property and mortgage payments now! Our program is designed so that your monthly mortgage note is no longer a burden to you. Keep it in your pockets! This is an offer of Immediate Debt Relief and an alternative solution for you the (Homeowner) by solving your house problem this way (allowing us to take over the mortgage payments and property) and we can close in under 30 days in many instances. So If you need immediate mortgage debt relief and have run out of options, then give us a call right away before it is too late. We want to help but we can't if you don't call. Almost every home will qualify for our Mortgage Relief Program. We Take Over Houses, We Take Over Property, We Take Over Payments, We Take Over Mortgages...Now!
4.) The Cost?
We charge No upfront fees or commissions for these transactions.
This is for the investor or homeowner who just wants to get out and "stop the bleeding", and the same questions comes up. "What are the alternatives when you realize you are seriously "upside-down" or underwater and can no longer afford to pay the mortgage? Do you have an exit strategy other than walking away and allowing the bank to foreclose? You already gave them your hard earned money, why give them the house and let them have it both ways? What about your credit? As a homeowner or investor, maybe you're just not interested in buying more time in the property. Perhaps you're thinking of doing what some do and let the bank or lender foreclose, but you don't want the bank going after your other assets, ruining your credit, garnishing wages or tapping bank accounts, do you?"
"If you are "losing your shirt" and the kids are near starving, you have to make a decision- keep paying or not? What is your credit score really worth? We will never suggest that you do not pay your bills but, let's face it, does it really make sense to go bankrupt "supporting" a losing investment - whether it be a house or a lot of dirt? It is hard to believe that people will blindly use up their savings or retirement money or the kid's college tuition fund to further compound an already bad situation. This is much more than advising one to not "throw good money after bad."
Its time again to start taking control of your life. You've already lost the investment money and the house. The parcel of land/ house/ condo already has lost its value. We find that many owners are prepared to take the credit hit, if necessary, but they just don't want any other personal exposure. Many homeowners just want to return the deed to the bank or lender (deed in lieu) but most lenders won't do it if there is a second mortgage or the property is "upside down or underwater" and if they do accept the deed the consequences are the same as foreclosure. And who wants the lender chasing them with a deficiency judgment (which they will most certainly do) for which the borrower may be personally liable for up to 20 years? The alternative? Our Mortgage Relief Program. Call us! Most likely your property will qualify for our program, TODAY! 602-753-7828. Don't let things happen to you...make them happen for you.
Homeowners are asking the question: How can I get out of my upside down mortgage and underwater home?
Answer: The Mortgage Relief Program. We'll take over your upside down mortgage payments and underwater home.
If you're ready email HERE for more information about our Mortgage Relief Program - or call us today at (602) 753-7828. Send us an email or call us and we'll answer any additional questions and start the process right away. Remember this is an offer of Immediate Mortgage Relief - Contact us only if you're ready! You can also download the Property Fact form/application ----> Here <---in advance for faster response. We'll contact you in 48 hrs.
© copyright 2017 Mortgage Relief Solutions. All rights reserved
Underwater or Upside down mortgage? We can help!
Call today at (602) 753-7828 or (602) 383-3630 or email to: Info@MortgageReliefSolutions.com
We can take over your mortgage payments and help you avoid paying two house payments when you move. You don't have to lie awake at night worrying about the old house and mortgage. We can start the process right away and take over your mortgage payments next month.
The bottom line is while your home is waiting to be sold but can't be sold right away (upside down, no equity) we get the mortgage paid, take care of maintenance, etc. until we can sell and get the mortgage out of your name. Can or will your realtor do that for you?
Read here to learn how this alternative to foreclosure or strategic default works:
Here's basically the process:
1. Download a Property Fact form at no obligation to you. This will allow us to get an idea of your mortgage situation and property. We will then contact you within 48 hours to discuss your situation and answer all your questions. This is not a mortgage or refinance application. We do not sell, rent, exchange your information in any way or to any third parties whatsoever. Click here to ---> download the Property Fact Form <--- PDF form <click here or WORD form <click here
2. If you've decided to move forward with the process after our initial consultation we will then request certain mortgage documents from you including an authorization to speak with your lender/mortgage company in order to verify with them your mortgage documents, payments, interest rate, etc. After this verification we'll then send you an agreement/contract to sign.
3. Once we've satisfactorily verified the mortgage with your lender/ mortgage company and you've signed the agreement with us, we will then provide to you the final closing documents for you to sign and get notarized. We agree on a date for you to move. We'll then have the appropriate document(s) recorded at your local county recorders office. At this point we take over your mortgage payments and you move on.