Your Lender plays an important, if not crucial role, in this Pre-Foreclosure Process.

Your executed loan documents at the outset of the loan origination, whether a Mortgage or Deed of Trust created a Security Interest which affords the Lender the right to start foreclosure proceedings on your property in the event of non-payment.

Your loan documents will guide some elements of this sensitive process; as well as, the foreclosure procedures in the applicable jurisdiction.

We can assist at every step of the way.

Timing and good communications will have a predictable impact on your ability to participate in an effective pre-foreclosure process that will lead to a result that allows an over-burdened taxpayer who is facing the loss of a valuable asset; the loss of their equity; and, then, the compounding new reality of a taxable event generated by the relief of debt.

Your Lender’s willingness to participate in the Pre-Foreclosure Strategy by accepting the property “deed in lieu of foreclosure” may require that you waive your “right of redemption” in certain jurisdictions; but a concession that has particular merit under these circumstances.

There are solutions available; but this must be executed like a close order military drill by all parties.

Commercial Lenders

While your relationship with your Lender may have felt adversarial from-time-to-time in the recent past, now is the time to cultivate as cooperative an environment as the situation may allow.

Your ability to successfully produce an acceptable result depends on a new cooperative spirit in tone and practice. Your able counsel can guide you through this process. ForecloseWithEase.com can assist by crafting a Pre-Foreclosure Strategy that all parties can sign off on.

Our laser-focus is crafting a Client-specific solution for you in a situation in which a thoughtful, well-executed plan is crucial.

 
Copyrights © 2009 ForecloseWithEase.com
Website Design By 123Triad Web Design
Home  |   IRC and Debt Relief  |  NNN Solutons  |   Getting Started  |  FAQ  |  Pre Commercial Foreclosure |  Commercial Foreclosure
State of Jurisdiction  |  Role of Qualified Intermediary  |   IRC 1031 Reverse Exchanges  | More about Reverse Exchanges  | Timeline for Decisions
Glossary of Terms  |  Lender cooperation |  IRC Forms  | Imapact of 2009 Stimulus Bill  | Contact Us  | Sitemap