If Your House is Underwater in PG County MD- How do You Refinance it?

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

If Your  House is Underwater in PG County Maryland- How do You Refinance it?

Maryland Real Estate

"It's time to fight. . .your home is on the line”

Question: 

Fernando, my house is underwater and we can't refinance. . what are our options when our house is value less that what I owe?

Answer:

You first option is to call the bank if you feel that you are in some kind of hardship. . .

Ideally, you should have at least 20% equity on your home's current appraised value (that is current value and not what your paid for) if you want to refinance.

In some cases, you can do it below the 20% depending on your credit and particular situation. 
If your property has dropped in value, and your loan is greater than the value of your home I can assured you that no bank is willing to refinance you at this time.. 

The good news is that YOUR OWN  bank maybe able to modify your loan to make your mortgage payments more affordable. . 

Call them . .

and then call me for a personalized consultation to help you analyze your current situation if a short sale maybe more of a benefit to you that a loan modification


Call me directly  at 240-426-5754 

or get started here



In case you are wondering. . 

How Much A Short Sale Cost Me After All?

 

foreclosures"A short sale could be the option you are looking for"

 

In a short sale you SELL YOUR HOUSE

In a Foreclosure. . . YOU LOSE IT!

 

Español Haga Clic Aqui

 

Short Sales Expert MD

Fernando Herboso has completed several certifications about short sales and has himself trained dozens of Realtors in the Maryland, DC and Virginia region about the process in short sales.
Fernando has also authored 3 eBooks about short sales and loan modifications:

You are invited to read them below..

 
     short sales
 
          
 

           Testimonials

     
     
 
      
 
      
      

      Bank of America Short Sales 

                

       Chase Short Sales 

      

      The Short Sale Decision Map

      

       My Experience Could Be The Factor To Fix Your Current Situation. .

Call me. .

 

 

If Your  House is Underwater in PG County Maryland- How do You Refinance it?

 

 

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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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