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The Loan Workout Group, L.L.C. is a team of legal, Real Estate and financial professionals that can best assess your current personal financial situation. Our team of experts will assist Sellers understand options to avoid foreclosure, primarily a short sale. Our unique approach provides you with a dedicated firm working on your behalf with NO UP-FRONT FEES to homeowners ever!
A Short Sale is when your current mortgage lender agrees to accept a payoff of your mortgage for less than what you currently owe. A recent hardship may have resulted in your inability to keep your payments current. For you, foreclosure solutions such as modifications, forbearance, and repayment plans will only stall the foreclosure. A Short Sale can be a real option. In such sales, the foreclosing lender will let you sell the house for less than the outstanding loan amount, and in most cases forgive any remaining deficiency. There are many reasons why a Short Sale may be a real option to foreclosure, such as:
Faced with options including non-payment of your mortgage, foreclosure or bankruptcy, a Short Sale may be a real solution for both you and the lender. As the mortgage crisis widens most lenders are more ready then ever to settle your obligations for less than you owe as a way to avoid the costly foreclosure process. With no up-front Short Sale fees or consultation fees to homeowners, there is no reason not to explore your pre-foreclosure options and determine if a short sale is right for you. Let the experts at The Loan Workout Group help you make the right decision.
The Loan Workout Group is not associated with the government and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.