Julia Vakulenko

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MLS# T2904440

The kitchen includes all wood custom cabinets, granite counter tops with a ¾ inch finished edge, tile backsplash and brand new, matching stainless steel appliances. New carpet, ceramic tile and refinished wood flooring as well as updated lighting,...
Visit this property in TEMPLE TERRACE: 11007 KEWANEE DR, TEMPLE TERRACE

MLS# U7832314

Prime ne st. Within an 8 block radius, you can walk to two Publix super markets, the Northeast Park Shopping Center, Trader Joe's, Fresh Market and many fine 4th street restaurants. This creates the perfect setting for outdoor entertaining or...
Visit this property in ST PETERSBURG: 600 36TH AVE N, ST PETERSBURG

MLS# T2904768

Great Location for this spacious well maintained 2 bedroom/2bath home with a 2 car garage for all your projects. Both bathrooms have just been remodeled with tile and new vanities. Bright family room has central air and is not included in the...
Visit this property in HOLIDAY: 3320 CHAUNCY RD, HOLIDAY

MLS# T2904608

2446 sq. offers 4 bedrooms, 3 full baths, formal living, formal dinning, tremendous kitchen with stainless steel appliances, large eating bar plus separate dinette area and all open to large family room with brick wood burning fireplace and...
Visit this property in VALRICO: 2811 S FAIRWAY VIEW DR, VALRICO


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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