It is distressing to know that many people facing foreclosure in Monmouth County NJ, haven't the slightest idea what their options are. I am determined to help spread the word to help the public to be informed.
Many people don't know where to turn for help or information. They don't know who to trust. They have choices, they may be eligible for more than one solution, they need to be inpowered with knowledge and the resources and people that they can trust to help them.
Here are the options when facing foreclosure:
Option #1: Do nothing and the lender forecloses on the house.
Option #2: Deed-In-Lieu of Foreclosure.
Option #3: Loan Modification to reduce your mortgage payment.
Option #4: Reinstatement.
Option #5: Get a New Loan and pay off your old loan.
Option #6: Sell the property.
Option #7: Rent the property.
Option #8: Bankruptcy.
Option #9: Short Sale.
To get much more detailed information on the options when facing foreclosure in Monmouth County NJ (New Jersey). Visit MonmouthSFI.com