Exit Elite Realty

 

4200 Forbes Boulevard, Ste. 121

Lanham, MD 20706

 

Phone:  240-354-4428

Office:  301-277-3948

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Information Deemed Reliable But Not Guaranteed. Neither The Hawkins Group or Exit Elite Realty nor the service providers for Exit Elite Realty are liable for any errors or inaccuracies in the information provided through this website.  Equal Housing Opportunity.

Opportunity.

AVOIDING FORECLOSURE

BUYING A HOME

SELLING A HOME

INVESTING IN REAL ESTATE

FINANCING / MORTGAGE CALCULATORS

Don’t lose your home to late mortgage payments or delinquent property taxes!  The Hawkins Group specializes in helping those possibly facing foreclosure!

 

Nationwide roughly 20,000 properties go into foreclosure each month.  It is important as a homeowner to address any issues regarding not being able to make mortgage payments immediately, before they get out of hand.  Once you begin to miss your mortgage payments the legal process of foreclosure may result.  It is imperative that if you are falling behind on payments to contact the mortgage company immediately to discuss any payment options.  If at any time you feel that your mortgage obligations are too much of a burden you may want to consider downsizing homes or restructuring your debt.  Contact the Hawkins Group for consultation regarding this situation. 

 

Avoiding Foreclosure:

If possible pay all of your monthly obligations on time.

If you fall behind contact your mortgage company immediately and explain your situation.

If your mortgage company is unable to help by deferring or restructuring your loan, you may want to consider downsizing homes.

Don’t wait too long to address any potential financial problems.

Contact the Hawkins Group for consultation.

 

Potential Alternative Options:

If you are facing foreclosure you may be able to apply for one of the following:

 

Repayment plan

Refinance the debt

Partial Claim (for FHA loans)- one-time payment from lender to bring your mortgage current.

Pre-foreclosure sale– sell the property before foreclosure.

Others… Contact the Hawkins Group for consultation on foreclosure alternatives.

 

Beware of Scams:

Quick fix solutions that sound too simple or too good to be true may be just that.  Don’t try to sell your home without professional guidance and beware of investors who try to rush you through the process.  Unfortunately there are people who may try to take advantage of your financial difficulty. 

 

Precautions to Take:

Don’t sign any papers you don’t fully understand.

Make sure you get all “promises” in writing.

Beware of any contract of sale or loan assumption where you are not fully released from liability for your mortgage debt.

Don’t try to sell your home without a professional.

 

Contact the Hawkins Group for guidance through this potentially complex situation!