Julia Vakulenko

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MLS# A4194122

This 2/2 townhouse with a preserve view offers a great deal of privacy. The features include crown molding in the living area, upgraded fans, and alcove for computer. The Master bedroom en suite includes dual sinks, spacious walk-in closet, shower...
Visit this property in SARASOTA: 5711 BENTGRASS DR #208, SARASOTA

MLS# U7829510

ft. Master suite features a wall of French doors that open up to a large private balcony with spiral stair case down to pool and hot spa, allows you a perfect space to take in the amazing sunsets of the western sky over the water views of Anclote...
Visit this property in TARPON SPRINGS: 1126 MARINA DR, TARPON SPRINGS

MLS# A4194250

Beautiful and quiet street in Fiddler's Green. Spacious 4BR 2BA, 2447 sq. Large private master suite has room for a sitting area and a large walk-in closet. Master bath has two sinks, tub, and separate walk-in shower.
Visit this property in BRADENTON: 1515 91ST CT NW, BRADENTON

MLS# T2899118

Abundant windows throughout the home fill the space with plenty of natural light which adds to this home’s already open feel. The kitchen includes ample cabinets and counter space, a corner pantry, and a central island for bar-style eating and...
Visit this property in RIVERVIEW: 10627 PARK MEADOWBROOKE DR, RIVERVIEW


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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