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Based in Newport Beach California, The Credit Relief Group.com is an exclusive Real Estate and Mortgage Group offering a wide variety of Professional Real Estate and Financial Services. With its corporate headquarters in Fashion Island, Newport Beach and offices in Irvine, no other professional real estate group caters more to the specific needs of the client than The Credit Relief Group.com does.
Although Real Estate and Mortgage Services are the foundational focus on our website, we do provide expertise in the areas of real estate sales, mortgage loan modifications, forensic loan audits, mortgage refinance and home equity loans, as well as FHA Purchase and Refinance transactions. The Credit Relief Group.com was founded with a passion to serve as an advocate for homeowners in their battle against unscrupulous lenders.
So, whether you are seeking a Refinance, Loan Modification, Forensic Loan Audit, Short-Sale, or perhaps you just want to list your Oceanfront Estate, whatever the case, you have come to the right place. The Credit Relief Group.com is dedicated to understanding the unique objectives of our clients and exceeding their expectations. At The Credit Relief Group.com, we ensure our exclusive clientele receive nothing short of exceptional service with the highest standard of professional integrity. Thank you for visiting The Credit Relief Group.com - we look forward to serving you.
Avoiding Foreclosure, What are your options and alternatives as a homeowner?
Do Nothing - The stress of facing foreclosure can push many homeowners into turning their head as well as letting the foreclosure process run it's course. Doing nothing to save your home can be a terrible mistake. You can avoid the foreclosure of your home by seeking foreclosure assistance through a a mortgage loan modification organization such as The Credit Relief Group. Saving your home from foreclosure should one of the highest priorities of any family. Homeownership is one of the foundations to financial security, personal wealth, as well as a stable and happy family. Why do nothing when The Credit Relief Group can prevent your home from foreclosure today.
File Bankruptcy - While this option may be popular for some people for others it simply is not an option. In the past few years new bankruptcy laws make this once easy process very difficult indeed. Filing for bankruptcy may not relieve you of your obligation to repay your mortgage, foreclosures may still proceed, and the potential damage your credit profile. If at all possible one should avoid bankruptcy as a means to saving ones home. Nevertheless, a consultation with a licensed attorney prior to filing for bankruptcy is something to consider if you are unable to pay your bills and your mortgage payment. The Credit Relief Group has a network of licensed attorney's ready to help.
Short Sale - A short sale is another method currently used in order to prevent a foreclosure. Many banks will allow a short sale if they believe that it will result in a smaller financial loss than foreclosing on that particular property. The potential negative aspect to a short sale is that it takes quite some time in this market to sell the home, even at a bargain, which can cause additional constraints to the homeowner and lender. There are rising foreclosures across the Country, housing prices are approaching new lows, and with the large amount of home inventory a short sale is becoming increasingly more difficult to close. The entire time the home is on the market you are still responsible for your mortgage payment, taxes, as well as insurance. Most homeowners cannot afford this option- and therefore wind up missing payments and jeopardizing their credit. The Credit Relief Group can expedite the short-sale process with advanced negotiations with the lender, stream-line loan processing for potential buyers, and a vast network of investors who are ready to make all-cash offers
Mortgage Loan Modification - Mortgage loan modification has quickly become one of the best options and in many cases only alternatives for homeowners facing foreclosure or unable to refinance due to the strict lending guidelines and declining property values. A mortgage loan modification is an excellent option that can save a home from foreclosure while putting the homeowner into a mortgage that is affordable based on current market conditions. So what is involved in the mortgage loan modification process and who is eligible for a mortgage loan modification? The Credit Relief Group has some very useful tools and resources on our website to help you better understand your options and alternatives. The typical mortgage loan modifications include lowering the interest rate, reducing the principal balance, 'fixing' adjustable interest rates, forgiveness of payment & penalties, and late fees, or any combination thereof. A good mortgage loan modification can help home owners who are unable to refinance and unable to afford their current mortgage payments. The Credit Relief Group is proud to offer some of the best terms and conditions for mortgage loan modifications for troubled homeowners frustrated from battling with their lenders.
Loss Mitigation- A Mortgage Loan Modification with a mortgage loss mitigation specialist may offer a more favorable mortgage loan modification agreement than your mortgage lender or mortgage servicing company will offer you directly. With so many home loans adjusting to higher payments a loan workout with The Credit Relief Group, a Mortgage loan modification Specialist, can modify mortgage loan terms fast as well as effectively. Obtaining foreclosure help as well as proper legal advice from a mortgage loan modification specialist will get you a better mortgage loan modification agreement with your lender as well as preserve your credit. If you are already behind in your mortgage payments this may help stop the foreclosure process as well as help you avoid foreclosure.
Mortgage Forbearance Agreement- A Mortgage Forbearance is an agreement made between a mortgage lender and delinquent borrower in which the lender agrees not to exercise its legal right to foreclose on a mortgage and the borrower agrees to a mortgage plan that will, over a certain time period, bring the borrower current on his or her payments. A forbearance agreement is not a long-term solution for delinquent borrowers; it is designed for borrowers who have temporary financial problems caused by unforeseen problems such as temporary unemployment or health problems.
Deed In Lieu Of Foreclosure- A Deed In Lieu of Foreclosure is another potential option taken by a borrower to avoid foreclosure under which the mortgagor deeds the home back to the lender in exchange for the release of all obligations under the mortgage. Both sides must enter into the agreement voluntarily and in good faith. A deed in lieu of foreclosure has advantages for both a borrower and a lender; mainly the avoidance of time consuming and costly foreclosure proceedings. In addition, the borrower avoids some public notoriety, and may even be able to lease the property back from the lender. The lender needs to assess certain risks which include, among other things, the risk that the property is not worth more than the remaining balance on the mortgage and that junior creditors might hold liens on the property.
Mortgage Loan Modification & Government Assistance?
One of the most asked questions we receive from the hundreds of homeowners calling into The Credit Relief Group each day is, "Should I wait for the new government law that is going to help bail me out of my mortgage?" Well the truth of the matter is there are very strict guidelines to determine who will and will not qualify for government assistance. At The Credit Relief Group, we seek to provide our clients with the tools and resources to determine if government assistance is available. A decision to call The Credit Relief Group regarding what you may be eligible for may be one of the best phone calls you ever make. To underscore our commitment to our clients, here is some research we have done on your behalf in order to help you answer that question.
Government Bailout?
First we have to look at the current "bailout" package put in place by the Federal Government. The initial bailout plan was to buy up bad mortgages as well as prevent the alarming foreclosure rate. This did not happen as it was intended to and a large amount of the Troubled Asset Relief Fund (TARP) proceeds were used to bailout the unscrupulous banks and not the struggling homeowner. It is a very frustrating and time consuming process to determine if your particular loan which was originated and sold to Wall Street is eligible for government assistance. This is why clients continue to contact The Credit Relief Group after attempting unsuccessfully for several months to work with the existing lender.
Will waiting for Federal or State Government Foreclosure Assistance hurt me?
So far there is no empirical evidence of direct government assistance to help homeowners avoid saving their home from foreclosure. There are many new programs offered each day with lenders, investors, and loan servicing companies that make it almost impossible for the average homeowner to determine what and how long they must wait. Many new government programs are chartered with helping the banks avoid bankruptcy and not helping homeowners avoid foreclosure. By obtaining a certified mortgage loan modification from The Credit Relief Group you can rest well knowing that one of our dedicated mortgage relief specialists will negotiate with your lender on your behalf and in your best interest.
New FDIC Mortgage Loan Modification Program?
The FDIC, Federal Deposit Insurance Corporation, has issued a mortgage loan modification program that has projected saving over 1.5 million homes from falling into foreclosure in the next fiscal year. What is the program all about and will it help prevent the foreclosure of your home or is it just another bank bailout? These difficult questions can be very perplexing for homeowners. But if you call The Credit Relief Group, we can answer them for you with ease.
Certain Banks and Loan Servicing Companies agree to stop Foreclosures for 45 Days - What does this mean for you?
Certain banks as well as mortgage loan servicing companies have agreed to stop home foreclosures for 45 days under certain conditions, but the new plan will not provide help to anyone already in the foreclosure process. Will this plan help homeowners or just put off a crisis that needs to be addressed now.
The Foreclosure Process - How you can come out on top?
Foreclosure as well as the risk of losing your home is the most stressful thing a family can experience. The foreclosure process is confusing as well as your rights as homeowner are not going to be explained by your lender or the courts. You need foreclosure assistance from a mortgage loan modification specialist with a successful track record. Learn more about the foreclosure process as well as how The Credit Relief Group can stop foreclosure.
A Loan Workout needs to perform well for both the lender and the homeowner. Keep in mind that your lender does not want your home to be another victim of foreclosure. For the lender to go through the foreclosure process is very expensive and time consuming. However, they may not want to accept your partial mortgage payments and due have the legal right to accelerate your mortgage note and commence foreclosure action against you. The Credit Relief Group can offer Free foreclosure assistance and sound real estate advice to homeowners that are dedicated to saving their home but do not know where to start. Start today by calling us. Our consultation is FREE.
DON'T DELAY- CALL US FOR A FREE CONFIDENTIAL ANALYSIS 1-800-719-1190
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