Foreclosure
    If you find yourself facing the threat of foreclosure this report will be informative and may provide a solution to your situation.

    It seems that foreclosures have always been and always will be around. It is a part of human nature. As long as there are people experiencing up's and downs in their lives, there will be people not paying their mortgage, and facing foreclosure.

    What exactly is a foreclosure?

It is the legal means by which a lender using Real Estate as Collateral may, upon delinquency or non-payment take away, or have ownership of the Real Estate transferred to himself, and away from the borrower. 

This, of course, then gives the lender the right to sell the Real Estate and keep the proceeds - all the proceeds, even when there is substantial value above and beyond the debt. 

When a lender's is unable to collect enough money from the sale of the property to pay the debt owed them, then they may go after the borrower for the balance with a deficiency judgment.

My name is Allen Watkins.  When I originally began investing in Real Estate, it was after attending real estate school to get my license as a Realtor.  I thought I would learn how to make money, not so, just the Fair Housing Laws, rules, terminology, etc. I just want you to know that I took the classes and passed the tests, and I have acquired as much knowledge as possible.  My involvement with you at this point is to help you become more informed about your situation. My background includes 5 years in the U.S. Navy as a Corpsman, then working as a Paramedic. I started my real estate investment career in 1983.  The rest of this report provides you insight into the world of foreclosure.

Avoiding Foreclosure

Foreclosure: how it happens and what it means for you

Frequently asked questions

Contacting Mortgage Lenders

Glossaries

Now, I know you are probably overwhelmed with information. When the dust settles, and you can think clearly on the direction of your game plan, and if that direction is to sell your house, I simply ask that you call me first. 

Yes we are investors, and I attempt to advise you as much as possible to be able to help yourself out of your problem. If you decide you would like to work with us to solve your problem, there are many possibilities depending on your specific circumstances. 

If we can not work out a strategy for our specific investment portfolio, and you still want to sell, as Realtor's we can still help you and save you thousands of dollars in commissions. Just follow the link at the top of this page.

Thanks! Best to you!

Allen Watkins 708-774-9030 or 219-979-4607 e-mail at  reosoldnow@yahoo.com

 

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