Options

The first decision you must make is: Do you want to keep the home or give it up?

If you want to keep your home, the following options may apply to you:

• Reinstatement
• Forbearance or Repayment Plan
• Loan Modification/Loan Mod
• Refinance
• Short Refi (HARP)
• Bankruptcy
• Servicemembers Civil Relief Act (military personnel only)

If you want to move from your home and move on with your life, here are your options:

• Rent the Property
• Deed in Lieu of Foreclosure
• Sell the Property
• Short Sale

For more detailed information on your options, check out the Foreclosure Avoidance page.

This represents only a summary of some of the solutions available to homeowners facing foreclosure. Please contact us today to schedule your free Phone Consultation to discuss your specific situation, and possible options. Help is available.

Please contact us or call 916-939-2040

Smith Real Estate Services, Inc.is a real estate brokerage company in California (DRE 01381095 and 00676207). We do our best to provide you with current and accurate information. However, we are not attorneys or accountants. Please consult with your attorney or CPA for further information and how this information may affect you personally. Visit our Resources for a list of professionals who specialize in helping distressed homeowners. This was written in October 2011.