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We Help Homeowners By Negotiating The Short Sale Of Your Home,
So You Can Avoid Foreclosure And Minimize The Damage To Your Credit.
We provide loss mitigation services to homeowners who are having trouble paying their mortgage, and are at risk for being in a loan pre-foreclosure or foreclosure. Typically the loss mitigation process starts with qualifying a homeowner for a loan modification and/or forebearance to have the current mortgage terms changed to be more affordable. This presumes that the homeowner can afford to live in the home with a negotiated loan modification.
For homeowners that don't qualify for a loan modification and can not afford to stay in the home, we can represent them in a Short Sale. In a short sale, we negotiate with the lender to have the mortgage lien released at the true fair market value so the home can be sold quickly - despite having no equity.
By doing a short sale, we help homeowners save their credit, avoid foreclosure, and start rebuilding their lives. A short sale also saves lenders the high costs of taking the home back in foreclosure by getting the home off of their books.
The key to getting your home sold in a Short Sale, is to have it valued accurately...
Example:
Mortgage Balance Owed: $234,150
Mortgage Payoff "Short Sale Price" Accepted By The Lender: $117,000
In this example, the homeowners took out a second mortgage during the height of the real estate market, only to see values decline nearly 50% a year and a half later when they were trying to sell. The bank appraisal showed that the market value would only support offers in the $110,000 to $130,000 range. (More About Values and Foreclosure)
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A Law Firm's Experience:
“If you need a top negotiating professional to get your mortgage reduced so you can sell your home quickly and avoid foreclosure, lien judgments, or bankruptcy, nobody matches the service or results that Tom Hinz and Apex provides. Tom has helped my clients tremendously with his short sale system and gotten results that most people would never think are possible."
- Richard J. Harter Esq., Law Firm of Harter & Pfleger, Colts Neck, New Jersey |
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The Homeowner's Experience:
"We were facing foreclosure and considering bankruptcy as a way out, as we could no longer afford our mortgage with the income we were making, and could not get our home sold for what we owed. We had to use our second mortgage to help pay off the first mortgage, and then we just got all tapped out and couldn’t afford either...Our experience working with Tom was an excellent one! He worked with the banks in reducing the debt so we could sell our house, and got us a waiver on paying back the balances that we owed. He was always very helpful, and tried to keep us calm with whatever problems came up that we didn’t know how to handle. He always knew exactly what to do whenever we got calls or letters from the lender’s collection department, or from the lender’s attorney. We are both amazed at how smooth Tom made the entire ordeal go. We couldn't have done this without him."
- Mr & Mrs. Frank A., Brick, NJ |
Do You Need Help With A Loan Modification or Short Sale?
Call Tom Hinz at: 732-822-6870 for a FREE No Risk Consultation, or email at: thinz@apexgroupus.com
We Help Homeowners And Lenders Avoid Foreclosure, And Provide Real Estate Professionals The Resources And Expertise For Getting The Short Sale Completed. |
