The Dowell Taggart Team offers better alternatives to a real estate foreclosure.
Prevent A Real Estate Foreclosure
If you fall behind in your monthly house payments, the lender may try to take the house back. This is generally called foreclosure. If a house is foreclosed, you may lose not only your house, but also all of the money you've invested. A foreclosure or a deficiency judgment could seriously affect your ability to qualify for credit in the future. Avoid this if at all possible.
The Dowell Taggart Team is certified to help homeowners prevent foreclosures. We are certified Loss Mitigation Consultants. We have been trained on viewing the facts and explaining your options. We understand and have backdoor contacts to many of today’s lenders.
Time is of the essence when facing a foreclosure. Early intervention is the key! If you’re having trouble making your payments, contact the Dowell Taggart Team immediately. We can help. We’ll explain what forbearance is, what a loan modification is and a deed in lieu of foreclosure is. Remember time is of the essence and our initial consultation is “FREE.” Contact us today!
The Dowell Taggart Team educates homeowners who are facing a real estate foreclosure.
Possible solutions we are able to work out:
1) A mortgage forbearance
2) A mortgage loan modification
3) A mortgage forgiveness of loan shortage
4) A mortgage rate reduction
5) Refinance into the new Goverment foreclosure prevention FHA mortgage
6) We have six other options we can help with also
Why use the Dowell Taggart Team
The Dowell Taggart Team does this full time and we have backdoor phone numbers to many mortgage companies loss mitigation departments. Unlike the credit departments who most people deal with, we can usually negotaite the best deals with the loss mitigation departments. We also have an attorney who can help facilitate the process if needed.
We have helped 100% of the customers who have been in preforeclosure and 85% of the customers who are in foreclosure.
Should You Be Aware Of Anything Else?
Beware of scams! Solutions that sound too simple or too good to be true usually are. If you're selling your home without professional guidance, beware of buyers who try to rush you through the process. Unfortunately, there are people who may try to take advantage of your financial difficulty. Be especially alert to the following:
- Equity skimming. This type of scam involves a “buyer” approaching you and offering to pay off your mortgage or give you a sum of money when the property is sold. The "buyer" may suggest that you move out quickly and deed the property to him or her. The "buyer" then collects rent for a time, doesn't make any mortgage payments, and allows the lender to foreclose. Remember that signing over your deed to someone else doesn't necessarily relieve you of your obligation on your loan. Typically you loose the house and get stuck with the loss.
- Phony Counseling Agencies. Some groups calling themselves "counseling agencies" may approach you and offer to perform certain services for a fee. These could well be services you could do for yourself, for free, such as negotiating a new payment plan with your lender, or pursuing a preforeclosure sale. If you have any doubts ask for recommendations and their license information. Legitimate companies will not be afraid and will explain the full situation to you. Contact HUD if it sounds too good to be true or if payment is requested in advance.
- Con Artists. Many con artists will try to use your situation to their advantage. They have plans on how to get you out of the situation by letting them take over the home. This is a No, No.