We Help Homeowners Get Short Sales Approved With Their Lender
To Avoid Foreclosure and Minimize The Damage To Their 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. This step should be completed before pursuing a short sale.
For homeowners that don't qualify for a loan modification and can not afford to stay in the home, we can help them process a Short Sale. In a short sale, we work with your 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 Home Values and The BPO Process)
A Law Firm's Experience:
“If you need a top loss mitigation consultant to get your mortgage lien released so you can sell your home in a short sale, 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 expertise and gotten results that most people would never think are possible."
- Richard J. Harter Esq., Law Firm of Harter & Pfleger, Colts Neck, New Jersey
The Homeowner's Experience:
“Working with a Realtor and well known legal firm in Red Bank, we ran into problems trying to get the two mortgage firms to agree to a short sale once we had a strong buyer. Our Attorney recommended Tom Hinz and the Apex Consulting Group. Once Tom reviewed our financial situation and agreed to work with us, things really started happening when he became the primary contact between us and the two mortgage companies. His advice, experience and skillful facilitation skills were key in getting resolution with the first mortgage company that resulted in a painless and successful Short Sale. My wife and I were so impressed with how Tom & Apex managed the Short Sale process that we engaged their services after the closing to work for us with another mortgage company. Within a short period of time we reached a settlement that eliminated approximately 70% of our outstanding debt."
- Helen and William B. from Tinton Falls NJ
Are You Trying To Avoid Foreclosure and Need Help With A 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.
