What Sellers in Abingdon need to know when deciding to do a Short Sale if facing foreclosure in Abingdon Harford County. Get a FREE Consultation now with Robert McArtor, Long and Foster Real Estate, Inc.
Deed In Lieu of Foreclosure in Abingdon, Harford County or Baltimore City and Surrounding Areas
A Deed In Lieu of Foreclosure in Abingdon is an option if you do not qualify for any of the other alternatives and you do not have additional liens against your property or home in Maryland. To avoid foreclosure in Maryland you may be able to deed the property directly to the lender.
Forbearance Agreement in Abingdon, Harford County or Baltimore City Surrounding Areas
If you are unable to make a loan payment on your loan, you may qualify for a Forbearance Agreement in Harford County. This is a formal repayment plan which if approved by the Trustee's client will stay any pending foreclosure while payments are being made.
Repayment Plan in Abingdon, Harford County
If your loan is past due for one, two, or three payments because of a temporary financial setback, you may qualify for a Repayment Plan. You must be able to make the monthly loan payment and pay an additional amount towards the past due amount each month until the loan is brought current.
Loan Modification Agreement in Abingdon, Harford County, Baltimore, Surrounding Areas.
If you are unable to pay your past due loan payments, but you can meet your monthly obligations, the Trustee's client may be able to make a Loan Modification by adding the delinquent escrow payments to your loan balance to bring your loan current. Your current mortgage interest rate must be within market guidelines. If you have any additional liens against your property, the lien holders must be willing to subordinate their interest to the new loan amount.
Short Sale in Abingdon, Harford County or Baltimore City, Anne Arundel County, Cecil County and Surrounding Areas.
If you wish to sell your property, but the net proceeds from the sale is not enough to pay off your loan and you cannot afford to pay the shortage; the investor may allow you to sell your property without paying the entire amount due.
What are the Qualifications for Short Sale Help in Maryland?
Are you in financial hardship of any kind? i.e. relocation, divorce, loss of income, loss of job, major repairs to your home without money to make them, increased medical bills and or living expenses.
Behind on your mortgage, facing default or foreclosure in Abingdon, Harford County?
Can't get your home SOLD due to your mortgage balance that is greater than the value of your house in Abingdon, Harford County?
You may have other situations...just contact me and lets discuss them.
If you answered YES to any of these questions then a SHORT SALE in Abingdon, Harford County may be the answer for YOU!