Julia Vakulenko

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MLS# A4402834

A half bath and walk-in storage closet complete the first floor. Head upstairs to the second floor where you'll find a bonus room, more storage closets, 2 full guest bathrooms with matching granite, 4 bedrooms and a convenient laundry room. The...
Visit this property in RUSKIN: 7267 SOMERSET POND DR, RUSKIN

MLS# T3109644

L-shaped living/dining room with wood laminate flooring, open layout great for dinner parties and large families. Galley kitchen with all stainless appliances updated in 2017, kitchen island, tons of cabinets, snack pantry, wood accent wall and...
Visit this property in CLEARWATER: 2008 FOREST DR, CLEARWATER

MLS# U8005722

Third floor 1225 square foot of living area. Cordova Greens is a pet friendly, all ages are welcome. close to shopping centers, restaurants, health care centers, schools, banks, golf course country club and so much more. Ready for immediate...
Visit this property in SEMINOLE: 8693 BARDMOOR BLVD #306B, SEMINOLE

MLS# U8005419

Gas h2o heater. Double glazed windows & hunter douglas shades. Master retreat boasts private covered screened porch, steam shower, jetted bath, super sized closets. A true must see.
Visit this property in CRYSTAL BEACH: 125 SANCTUARY DR, CRYSTAL BEACH


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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