You have choices...............
| |
| |
We have certified Ohio Foreclosure Intervention Specialists on staff that are proud members of the non-profit group Ohio FIS. A FREE consultation will give you the information you need to decide what is best for your situation. | Short Sale If you can no longer afford your home and the property’s sales value is not sufficient to pay your loan in full, the bank may be able to accept less than the full payoff amount as settlement. ... |
| Loan Assumption If you have a qualified buyer who would like to assume your mortgage loan, the bank may allow this transfer of ownership, even if your mortgage/deed of trust states that the loan is non-assumable. ... |
| Deed-in-Lieu If you have had the property listed for sale at fair market value for 90 days with no activity, the bank may agree to accept title to the property by warranty deed as settlement of the account. ... |
| Loan Modification It may be possible to stay in your home and lower your monthly payments. ... |
| Forbearance A temporary reduction or delay in your monthly payments. ... |
| Repayment Plan Your monthly payments are temporarily increased to help bring the delinquent payments current. ... |