This happens to people all the time and we have solutions to help them

Go through ALL THE STEPS before you offer Ca$h or Creative

No matter what stage you may be in, we can help to provide a solution & guide you through this confusing time.

Once you’ve accepted your situation, the next best move is to speak with knowledgeable professionals with experience like us who help people in your situation every day. This is not as uncommon as you think.

I can Help, David Rigney Text or Call 847-780-7430 or rigneyrealty@gmail.com 

https://davidrigneyrealestatesolutions.com/about-us/

Go through ALL THE STEPS before you offer Ca$h or Creative;

1. Reinstate the loan – catch up on the back payments
   Ask friends and family for a loan
   Try to apply for a personal loan
   Bridge Loan / Hard Money / Personal Loan. Homeowner in good standing with some cash reserves
   Demonstrate the ability to pay back the loan
   High interest – 18% or more depending on the right to foreclose if defaulted (BB if you miss one payment doing this, the house is gone)
2. Loan modification – Must start 37 days prior to Auction
   Need to make 2X their mortgage payment in income per month (They’ll need to show proof of that income, proof of employment)
   You have to be current on all taxes
   You cannot have filed for a loan mod more than 2X this year
   A “letter of hardship” describing why they got behind and why it is no longer an issue. It’s over and NOT coming back, I can pay now.
3. Bankruptcy (DO NOT RECOMMEND THIS IS FRAUD)
   This DOESN’T STOP the foreclosure… just extends it. During this period of time…. Home & homeowner accrues legal fees & interest
4. Short Sale
   Homeowner gets NO MONEY because they are upside down on the home or believe they have NO EQUITY
   ✨*** Homeowners can get up to $10k in relocation funds in a short sale as long as they are living in the property. The average amount is $2,500 subject to bank approval. ****
5. Listing with an agent
   Lengthy process
   Home needs to be in good financeable condition (can a new buyer get a loan for it?)
   Could fall through weeks after an accepted contract leaving the owner with little time
6. We Buy a House with CA$H CA$H CA$H CA$H GO FOR TERMS LA$T
   We pay moving expenses
   As is, no closing costs, or fees
   We can help the seller find their next home (plug them with a realtor)
7. We do Creative Financing
   This is an option for people with very little equity who think their home will have to be a short sale or just lose it completely. In some situations, we are able to save their home, reinstate their mortgage that is in foreclosure, build their credit back to purchase a new home, and give the homeowner some cash to walk away & start the next chapter of their life

No matter what stage you may be in, we can help to provide a solution & guide you through this confusing time. Once you’ve accepted your situation, the next best move is to speak with knowledgeable professionals with experience like us that help people in your situation every day. This is not as uncommon as you think. All The Best, David Rigney Text or Call 847-780-7430 or rigneyrealty@gmail.com  https://davidrigneyrealestatesolutions.com/about-us/