GLEN OAKS HOMES & ESTATES
Glen Oaks Homes & Estates
 

Foreclosure damages your credit for years.

We call foreclosure "the atomic bomb of credit scars" because it cuts the deepest and lasts the longest.

Some distressed homeowners reach the end of their patience and decide they simply want to “walk away” from a house believing that foreclosure will be the end of their problems.  The truth is that foreclosure is the beginning of an eight to 10-year nightmare that can involve:

 
Eviction by the sheriff
 
Loss of Military Clearance
 
Job and career limitations
 
Embarrassing creditor battles
 
Deficiency judgments and lawsuits
 
Tax ramifications
 
Garnished wages
 
Loan qualification challenges
 
Loss in home equity
 
 
 

Foreclosure can happen in as little as 6 months following your first missed payment.

Foreclosure Timeline

Note: This is a representative example. The foreclosure timeline can vary on a case-by-case basis.

 

Everyone deserves to know their options.

Helping homeowners avoid foreclosure and learn their options is what we do best. We will work with you to find the best solution based on your situation and needs.

 
Bankruptcy
 
Temporary restraining orders
 
Deed-in-lieu of foreclosure
 
Catch-up payments
 
Forbearance plans
 
Loan modification
 
Short sales
 
Sell your house

Get in touch with us today and together, we’ll find the best approach.