In the news we read so much about a Real Estate market surge upward and I am happy for those making smart home purchases at 20-30% below the listed sale value.
We specialize in helping those Residential & Commercial property owners that are is a Negative Equity position/ Underwater/ Upside down. Perhaps purchased during the Peak of the market rise in 2005, 2006 or 2007....
These owners are in serious Trouble, in most cases THEY CANNOT:
- Refinance their property due to owing more than it is worth.
- Sell without paying the difference of the loan amount/ sale price.
- Walk away without ruining their Credit rating for years.
- Obtain an Equity Loan.
40 to 110 points when 30 days late w/ mortgage pymt, multiple yrs.
90 to 135 points when 90 days late w/ mortgage pymt, multiple yrs.
85 to 160 points allow your home to be Short-Sale, multiple yrs.
120 to 240 points file for bankruptcy for 7 years.
Before your situation gets to this drastic level we can possibly assist you with restructuring your loan. Lets try to regain the Positive Equity position to provide you with the flexibilty to sell your home. Please review our Website for additional information.
Contact me for details:
Frank@MFGCapitalGroup.com
Be Well,
frank
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