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Can I Refinance When My House Is In Foreclosure? PowerPoint Presentation
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Can I Refinance When My House Is In Foreclosure?

Can I Refinance When My House Is In Foreclosure?

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Can I Refinance When My House Is In Foreclosure?

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Presentation Transcript

  1. Can I Refinance When My House Is In Foreclosure?

  2. Many People Ask This Very Logical Question… • Unfortunately it is rare that a lender will refinance your home unless you have at least 50-60% equity to even remotely consider financing You Need At Least 60% Equity

  3. You Are Up Against TIME! You Have To Move & Move Quickly!

  4. What Should I Do? • Every situation is different • Sit down and calculate exactly how much you need to get out of your current situation • Contact your current lender & find out if & how they can help you • Be open and honest with your current lender • Remember to be realistic

  5. So What Are The Other Options Besides Refinancing? Loan Modification • Re-negotiate Current Interest Rate • Negotiate Terms • Loan Deferment • Contact a Specialist – Like Us (We know the ropes) We Can Help You With Each of These Options

  6. BEWAREOFSCAMMERS!!! ! Facing FORECLOSURE? We Can Help! Call Bob: 888-888-8888

  7. The Key To It All… • Time is of the essence! Act quickly • Be Realistic • Find help from someone familiar with Real Estate • There Is Life After Foreclosure