Julia Vakulenko

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MLS# T2863290

. Neighboring Goodwill Retail Center, Dollar General Store, Walgreens and other major retailers. One block from Florida Strawberry Festival Grounds. Abundant Cash flows from Strawberry Festival Parking for the Festival Patrons.
Visit this property in PLANT CITY: 2402 W BAKER ST, PLANT CITY

MLS# T3180313

A welcoming front porch leads you into an expansive foyer with a direct view to the back lanai. 7"1/4 baseboards and crown detail is included throughout. 2nd level loft is a great space for entertaining with separate reading nook. Just a few more...
Visit this property in TAMPA: 3501 W CORONA ST, TAMPA

MLS# U7846921

Live in grand oceanfront luxury in this 4 bedroom 3. Almost 4,000 of heated sft, and a total of 7,000 sft if you include the beautiful outdoor or play living areas, ready to deliver an unforgettable life experience. This contemporary home has...
Visit this property in ST PETE BEACH: 1307 GULF WAY, ST PETE BEACH

MLS# L4910058

Under Construction. Downstairs, enjoy an open layout including a spacious gathering room, Granite in the kitchen with island, and dining cafe. With features designed for your life, the Skylar includes a spacious mudroom off the garage boasting a...
Visit this property in RIVERVIEW: 13828 HARVESTWOOD, RIVERVIEW


Tampa4U.com

Alternatives to Forclosure
Escape Foreclosure! (Foreclosure Options)

If you have experienced increased expenses, reduced income, or other hardship and are having trouble making your mortgage payment, you are not necessarily doomed to the devastation of foreclosure. Here are six options you may have to keep your house, if you cannot make your current mortgage payments, are about to default on your mortgage, or feel like you are going into “pre-foreclosure” status:

1. Refinance: You simply get a new mortgage loan and pay off your old (unaffordable) loan with the new one.

2. Repayment Plan: You work with your lender on structuring a repayment plan you can live with – one that lets you catch up on your missed payments by paying more than one full payment per month until you are current on your mortgage.

3. Forbearance Program: You work with your lender to delay or to suspend all (or a part) of your normal monthly payment for an agreed-upon period of time. You may roll the “suspended” payments into the existing mortgage loan, or you may make those payments as part of a repayment plan or loan modification, as agreed between you and your bank(s).

4. Loan Modification: You work with your lender to change the original terms of your mortgage loan. You may be able to change your interest rate, the duration of the loan, or the amount of the loan (adjusted by the amount that you are behind in paying).

5. Short Refinance: You work with your lender to obtain an adjustment or “forgiveness” of the actual principal portion of the balance. This may be used with Forbearance and Repayment Plans.

6. Bankruptcy: You may change your original terms of your mortgage loan as part of a bankruptcy filing, order, reorganization, or repayment plan.

All of these methods require you to be able to make a payment that the Bank agrees with and to make it on-time every month.

If you have encountered a hardship, income reduction, or increase in expenses that prohibits you from participating successfully in any of these programs or that will simply delay the inevitability of foreclosure because you’re actually unable to make acceptable payments, even under modification or other attempt to adjust your mortgage burden, you may need to consider a Short Sale to escape foreclosure and its devastating effects on your life.

For more information on what a Short Sale is and how it can help you, please feel free to call 813-671-6657 for a free consultation or email: info@tampa4u.com