PO Box 6032
Hilton Head Island, SC 29938
ph: (843) 608-3332
fax: (980) 225-0504
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What Options Are Available for Homeowners?
- Do you owe more on your house than it's worth?
- Are you having difficulty covering your expenses each month?
The first step to overcomming this financial difficulty is to take action now. Find out what options are available to you.
What Options Are Available for Homeowners?
During our initial consultation, we will sit down with you, discuss your particular situation and help you understand all your options. The solutions range from:
Loan Modification – If you want to keep your home, try this option first. We can point you in the right direction and possibly even assist you.
Short Sale – For homeowners who do not qualify for a loan mod or need to sell their home, this is the next best option. We will negotiate with the lender to allow for the sale of your home at less than is owed. We have a proven process in place and will handle every detail.
Bankruptcy – If you determine that this choice should be explored, please contact an attorney who specializes in this area.
Foreclosure – Of course, this is the option that we are trying to avoid. Unfortunately, many homeowners ignore the situation they are in until it is too late, or mistakenly think there is no other way. Letting your home go into foreclosure will damage your credit for the next seven to ten years.
How Does the Short Sale Process Work?
Short Sales are a very time consuming and complicated process. That is why it is important to have an expert handle every step of the process.
Documentation Collection –This step is the most critical and probably the most difficult for the homeowner, but we are here to help and will outline precisely everything you will need to collect.
Assign a Real Estate Professional – We work with brokers and agents who are experts in their field. We will help you get your home listed and marketed so as to sell your home as quickly as possible.
Contact the Lender(s) – Key in the success of your short sale is our ability to communicate effectively with your lender. As experienced mortgage bankers, we have many contacts in the industry and know the lender’s language. We submit a thorough and well-prepared package, and bring our experienced negotiation skills to the table.
Finalization – Once we get a short sale approved, we make sure all lender requirements are met and follow the sale through escrow until closed.
What Does SC Financial Consultants Offer?
We are committed to helping homeowners get out of their situation and moving on with their lives. We offer:
- Personal Service
- Timely Updates
- Complete Documentation Collection
- Experienced & Effective Negotiation
What Should You Watch Out For?
Of course there are many people out there who want to take advantage of unsuspecting homeowners, so you should be aware that:
- You Should Not Expect to Pay Any Up Front Fees Nor Receive Money
- Never Sign over the Deed or Title of Your House
- You Do Not Have to Move Out of Your Home Until Escrow is Closed
- Filing for Bankruptcy May Not Save Your Home
Copyright 2009 South Carolina Financial Consultants, Inc. All rights reserved.
PO Box 6032
Hilton Head Island, SC 29938
ph: (843) 608-3332
fax: (980) 225-0504
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