NJ Sub-Prime Crisis, Market Conditions Effect on Homeowners

Re/Max properties in Bergen, NJ

Sell Buy Mortgage Attorneys About Us

 
Recently, many Bergen County residents are faced with troubling times regarding their home mortgage and do not know where to turn to or how to get help. With the right help, most foreclosure cases can be successfully resolved. We have helped many Bergen county homeowners and we can help you too.

When facing foreclosure, Time is important. You MUST act fast to protect your rights and stop foreclosure. The problem is that many homeowners who need foreclosure assistance simply do nothing and hope for a fast solution. We can prevent the whole foreclosure process and save your most important asset, your House.

YOU ARE NOT ALONE; many people have been affected by the sub-prime crisis and are in danger of losing their homes. Regardless of your circumstances, we have great solutions that are available at no cost to you. Save money, time and your credit by contacting us today for a confidential consultation.

Call Rhona or Karim at 201-567-9191 to get more information or send us an email now.


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Short Sale, the first step to stopping foreclosure.

What is a short sale:
Short sale is a process by which a lender agrees to receive a lower amount of an owed debt in exchange for the sale of the property to a third party, usually at no cost to the borrower.

Most of our services are TOTALLY FREE OF CHARGE.  We are short sale specialists who can help you prevent the downgrading of your credit scores and save your house from foreclosure while providing you A FRESH START.

Default situations are time sensitive, the sooner you contact us, the sooner we can help.

Market conditions effect on homeowners:
The real estate marketplace has undergone dramatic changes in recent months. More and more homeowners are finding themselves in homes they can no longer afford and "or which are now worth less than what is owed". In many cases this was made worse by mortgage rate adjustments which lead to payment increases. As a result, borrowers are unable to pay their mortgages and default rates have skyrocketed.

Even borrowers who are capable of paying their mortgage are under a great deal of pressure. They do not want to continue paying a mortgage on a property worth less than what they owe.

Common characteristics:
What many homeowners share is that they know very little about the various solutions available to them. Another common characteristic is that many of them are not proactive in resolving their problem.

Risks:
Not being proactive under these circumstances is quite risky given the severe consequences following mortgage default, especially given the long lasting impact from the information which remains on the credit report for years.
Lack of knowledge regarding available solutions shouldn't be a deterrent in motivating property owners to actively seek a solution.

What we offer:
We are real estate experts with over 30 years of experience in selling and negotiating real estate transactions. We help homeowners avoid the negative consequences that follow mortgage default and help them protect their credit.
Our main objective is to help homeowners identify the best solution and then negotiate with the lender on their behalf.

Our services include:
-Finding a qualified buyer for your home if you are interested in selling.
-Protecting your credit from further degradation.
-Presenting a solution to the lender and negotiating favorable terms.
-Helping to minimize your debt obligations.
-Allowing the borrower and their family to get a fresh start.

Real Estate, Properties & Homes For Sale / Purchase /  Rent - Servicing all of Bergen County including the following towns:
Fort Lee, Mahwah, Paramus, Ridgewood, River Vale, Teaneck.


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