FHA Insured Loan Foreclosure and Short Sale Process

FHA Insured Loan Foreclosure and Short Sale Process
Good News For FHA Borrowers Facing Foreclosure

My blog post, FHA Insured Mortgage Foreclosure Help, and webpage, Seller and Borrower Short Sale Documents and Instructions: HUD Pre-foreclosure Sale Program (HUD PFS Program), show that due to the way that HUD handles foreclosures and short sales for borrowers with FHA insured loans, foreclosure avoidance (i.e. stopping foreclosure) and a successful short sale closing are more likely than for borrowers with conventional (i.e. Fannie Mae and Freddie Mac) and other mortgage loans. Therefore, financially distressed homeowners and borrowers with FHA insured loans should not wait until a foreclosure sale is imminent to seek help from a qualified short sale expert – there is no reason to be afraid. If a borrower is accepted into the HUD Pre-foreclosure Sale Program and cooperates with the guidelines, they will be granted at least 90 days to sell their home and be released from any and all financial liability for the amount that the bank or mortgage lender will lose as a result of a short sale, or even foreclosure. Most other loan types do not offer anything nearly as beneficial to a struggling borrower and homeowner. Therefore, if you have lost your job, or have missed your first or even second mortgage payment it is imperative that you speak with a short sale expert right away. If you have missed more than 2 mortgage payments, I can still help you, but time is of the essence so the sooner you contact me the better.

Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales. Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Nashville, Brentwood, Franklin, Nolensville, Murfreesboro, Smyrna, LaVergne and Antioch Tennessee Short Sales and Foreclosures Expert to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner, Wilson and Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Nashville Short Sales. Brentwood Short Sales. Franklin Short Sales. Nolensville Short Sales. Smyrna Short Sales. LaVergne Short Sales. Antioch Short Sales. Spring Hill Short Sales. Thompson’s Station Short Sales. Murfreesboro Short Sales. Smyrna Short Sales. LaVergne (La Vergne) Short Sales. Antioch Short Sales. Columbia Short Sales. Mt. Juliet (Mount Juliet) Short Sales. Springfield Short Sales. Gallatin Short Sales. Hermitage Short Sales. Hendersonville Short Sales. Middle Tennessee Short Sales. Free* Short Sale Help and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim’s commissions and fees.)

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