Julia Vakulenko

Featured properties: See ALL

Tampa4U.com

Newest listings

MLS# U7839217

55+ building near Countryside/Westfield Mall, theater, restaurants, bus lines. Totally updated kitchen. New washer 2017. This is a second floor condo with extremely low monthly fees.
Visit this property in CLEARWATER: 2587 COUNTRYSIDE BLVD #6210, CLEARWATER

MLS# T2914720

It’s your soon to be neighbors welcoming you to an absolutely darling of a community. Driving through this Cute & Quant Neighborhood, you received that “tingly feeling” in your gut signifying things “just felt like home”. Appealing Laminate is...
Visit this property in SEFFNER: 1533 MARSH WOOD DR, SEFFNER

MLS# T2914854

Located on the quiet street. This open floor plan offers stainless steel appliances, exotic granite counters, master walk in closet and custom bathrooms. Conveniently located minutes to downtown Tampa, I-4, parks, the airport, Raymond James...
Visit this property in TAMPA: 1506 E EMMA ST, TAMPA

MLS# O5547984

Now available: 3/2 recently updated solid single-family block home in a well-liked established community. Nice open floor plan with a completely remodeled kitchen, featuring lots of pull out drawers, dark stained solid wood cabinets, glass tile...
Visit this property in KENNETH CITY: 4494 61ST LN N, KENNETH CITY


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