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Are You Facing Foreclosure in Albuquerque NM

Posted 09-09-2016 at 10:06 AM by myersmyers
Updated 12-04-2022 at 03:56 PM by myersmyers


Are you facing Foreclosure of your home in Albuquerque NM? You have many options if your are facing foreclosure. You may want to try for a loan modification. You should contact your lender to determine if you are eligible for a loan modification.

You may also consider a short sale. A short sale is when you sell your home for less than you owe your lender.

Short sales are challenging and may not always be accepted by your lender.

In many cases you may be able to complete a short sale, wipe our all your debt owed, and your lender will not pursue any deficiency payments you may owe.

In many cases your lender will pay for all costs to short sell your home, costs such as real estate commissions, closing costs, title fees, and other liens on the property.

You should find [URL="https://myersandmyersrealestate.com/albuquerque-short-sale-specialist/"]real estate agents trained in short sales[/URL].

Another option to avoid foreclosure is to request the option for a deed in lieu of foreclosure from your lender. A deed in lieu means you turn over your home to the lender and they agree not to pursue any additional money from you. In many cases, your lender will require you to attempt a short sale prior to a deed in lieu of foreclosure.
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Posted in Lifestyle, News
Views 286 Comments 1
Total Comments 1

Comments

  1. Old Comment
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    Posted 10-29-2017 at 11:02 AM by arunanithi arunanithi is offline
 

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