Sell Home Owner

www.sellhomeowner.com (800) 824-8122

Avoid Foreclosure in Portland

Homeowners in deepest need continue to struggle, despite the new housing bailout plan set into

action last month. Though there are some people who will be able to avoid foreclosure,

thousands more will be stuck in home loans they can no longer afford to pay. Particularly

vulnerable are those who have 80/20 loans. These loans amount to an automatic first and second

loan on the property making access to the housing bailout money even more complicated.

For these homeowners and others like them, a short sale may be their best option. A short sale

simply means that a house is sold for less than the value of the loan amount. However, this is not

the type of debt negotiation you want to try yourself and you certainly don’t want to hire an

unqualified negotiator, either.

Some are seeking help via debt negotiation specialists. An experienced debt negotiation

specialist can help a homeowner with what is known as a “short sale”. A short sale simply

means that a house is sold for less than the value of

the loan amount. Banks are willing to consider this

option when other alternatives have failed. Debt

negotiation specialists, such as licensed mortgage

brokers, have strong relationships with lenders and

can often work with both the homeowner and bank to

reach an agreement that benefits both parties.

It is important to seek out a firm with experience that can represent your best interests. These

firms do not charge the seller any fees, which gives a homeowner with a large debt burden the

opportunity to immediately engage their services. It is also worth noting that a realtor does not

need to be a part of the proceedings. And by eliminating the need for their services, the

associated fee is also removed. There are also other fees such as closing and moving costs that

can be reduced or eliminated, dependent upon the particular case.

“If you are upside down in your mortgage or have 80/20 financing and are considering a short

sale, do a bit of research before settling on a representative. This will save you from the

potential of making a difficult situation disastrous.” says a representative from

www.sellhomeowner.com. Sell home owner is a short sale specialist company that helps stop

foreclosure in Portland, Oregon.

It is possible to avoid foreclosure with little to no fees passed on to the homeowner. But it is

imperative that you find a reputable company to handle any concerns you might have. They will

guarantee that you are completing the necessary steps and following up with the necessary

companies/agencies to ensure that the transaction is a success.

Avoid foreclosure, stop foreclosure, Portland, Sell Home Owner, short sale specialist, debt negotiations specialists, Portland Oregon, avoid foreclosure, mortgage reduction, mortgage rate reduction, foreclosure loan, lower my mortgage