Do you foresee yourself heading towards defaulting on you mortgage or are already in foreclosure? We can help!
          Many who are this path don't realize there are a couple of alternatives to foreclosure such as a Short Sale or Loss Mitigation. The Fauscett Team has been dealing with foreclosed houses for over 15 years. We felt it was time to try to help people before they get into this situation. We just recently have taken training classes in both Short Sales and Loss Mitigation
          You are probably wondering what is a Short Sale or Loss Mitigation. A Short Sale is a special transaction that allows you to sell your home even when your mortgage debt is higher than the value of your home. Loss Mitigation is where we negotiate with your lender to help you stop foreclosure and retain your home. The difference between the two options is being able to keep your home or getting out from under this burden while minimizing the damage to your credit.
          There are a large number of foreclosures right now and the lenders are losing a lot of money with each. They really don't want you to go into foreclosure any more than you do. The customer service reps. with the lending companies are limited in their services and are only responsible for collecting your past due amounts. We step in to either help negotiate reinstatement, loan modification, foreclosure forbearance, or a number of other strategies or sell your home before it goes into foreclosure. Lenders are commonly willing to work with us because any one of these services can save them money in the long run.
          Not sure if you qualify for either of these? Give us a call so we can discuss your situation and determine the best solution. (770) 297-6411