Dear Homeowner,
If you are headed
toward foreclosure, or are already in foreclosure, you need to know the
rights and options available to you now. Only then can you save your
house, save your credit, or save your equity before it’s gone forever.
Once you get behind on
your mortgage, the clock is ticking. The sooner you decide on the course
of action, the more cash you and your family can pull out of your house,
and the better chance you’ll have of stopping the bank from stealing your
home.
Can you raise enough cash to cure the default and stay in your home?
There are several
creative ways to do this. We can help you identify the methods to keep
your house if you feel you can still afford to stay in your house. On the
other hand, if you decide to sell your house, we might be able to buy it
and give you cash for your equity in as little as 7 days.
Can you get a new mortgage?
You’ll need to borrow
enough to payoff what’s owed to your current lender PLUS the back payments
PLUS late fees and attorney fees Plus all the closing costs to get a new
loan.
If you’re able to
realistically commit to a larger mortgage obligation, we can help you
explore this option.
Should you sell your house now?
Maybe we can buy your
house quickly and easily. There’s no need to go through the uncertainty of
listing your house with an agent or trying to sell it yourself. There’s no
need to spend money fixing up your house to please a picky buyer.
* We can buy your house “as is”
* We can close on the date of your choice
* We can handle all the paperwork
* We can give you cash for your equity
We’re not real estate
agents and we’re not associated with any real estate agency. We don’t
charge a fee or commission so there’s no cost to you. We can close in 7 to
10 days and by acting now, you can get the most money out of your house.
The biggest reason for
you to allow us help cure your loan, refinance your debt or sell your
house is to keep a foreclosure off your record, and that’s important. By
saving your credit, you won’t have to experience the frustration of trying
to get a future mortgage, a nice house to rent or a fair insurance quote
when you have severely damaged credit.
Know that after your
bank forecloses on your home, you’ll always have that hanging over your
head, coloring the opinions of what others think of you. All mortgage
applications currently ask if you’ve EVER had a foreclosure. You’ll have
to say “yes” for the rest of your life… unless you avoid it right now by
discovering your options and taking positive action.
Do you
feel a foreclosure can’t be stopped, and that your situation is beyond
hope?
Then let us help you
save as much of your equity as possible. Even if you have little or no
equity, we know several ways to create it by renegotiating with your
lender, generating enough cash to give you something, rather than nothing.
In fact, if you have
the ability to pay more then you’re obligated to pay each month now
(perhaps because the financial setback you experienced was temporary) it’s
possible for us to negotiate a plan with your lender to keep you in your
home and get you back on track.
But know this… from
our experience… only 1 out of 9 families we consult with who are facing
foreclosure are able to save their home by agreeing to pay MORE each
month. So it may be in your best interest to explore your options for
selling quickly at no expense to you.
When you decide to
sell, you’ll need a new home. Maybe you can stay with friends or family,
or maybe find a new place of your own.
Damaged credit will
limit where you can move. Landlords and lenders will look closely at your
ability to keep up with your financial obligations. But once we’re working
with you, and we understand your situation, we may be able to get you into
one of OUR homes with flexible seller financing. We may also be able to
trade properties
Are you thinking of filing bankruptcy?
Some homeowners
consider filing bankruptcy to stop a foreclosure. But it won’t. It only
delays it while the amount owed grows to an unrecoverable amount. Know
that the bank that lent you the money on your house will get their money,
or your house. They’re a secured creditor. Bankruptcy will never wipe out
your mortgage debt. You cannot avoid foreclosure by filing bankruptcy.
Should you do nothing and wait?
Some borrowers even
think they’ll benefit from “free rent” until the bank hires the local
sheriff to throw them out. But wouldn’t you rather have debt relief,
emotional relief and some seed money to start fresh in a new home? And
remember… you’ll want to keep a foreclosure off your credit report if at
all possible.
Equity in real estate
takes years to build but it can be wiped out in a single day, once your
house is sold at public auction. Let us help you examine all the options
you have available NOW. Then you’ll be able to make decision based on real
facts, not wishful thinking.
I invite you to call
our office at 602-278-3060 and talk to us. We will gather the
details on your situation. Then we can offer you several solutions there’s
no cost or obligation and we’ll hold everything in strict confidence. Once
we have your details, we may be able to:
* Put up the money to cure your default,
or...
* Help get you a new loan, or...
* Renegotiate your obligation with the
lender, or...
* Make you an acceptable offer to buy your
house “as is” with cash to you at closing.
We don’t recommend
trying to sell your house though a real estate agent until you learn more
about the major disadvantages of taking such actions. We don’t recommend
you try to sell your house on your own unless your loan is current and you
have time to test the market. Bankruptcy should always be used as a last
resort because (in our opinion) it rarely produces the result home owners
expect or hope for.
We do recommend that
you allow us to explore ways to raise cash needed to cure your default or
stop a foreclosure. We’ll either put up the money ourselves or help you
locate a reliable source of funds. If refinancing your house makes sense,
we’ll help investigate that.
Let us offer you a fresh start and
a brighter future...
Put an end to the
stress and emotional hardship you may be experiencing right now. Sure, you
may find an answer, on your own, without us being involved. But you owe it
to yourself and perhaps your family to get any help you could use. We want
to help. It’s what we do everyday.
Will you take the next step?
If you want more
information without risk, we’ll need to get some information about your
situation and your property. You can call us direct at 602 278-3060
for a FREE, friendly, no obligation consultation. We’ll be happy to speak
with you. Or you can complete the online Request Form at
www.petrabuyshouses.com.
After evaluating your
situation, we’ll gladly call you back and share our ideas with you. Then,
if you decide it’s best to sell your house, we’ll come out and make you a
fair purchase offer that’ll put cash in your pocket at closing.
If you prefer to keep
your house, we’ll explore how to raise the cash needed to avoid losing it.
So please call us.
We’ll explain everything in clear, easy to understand terms. You’ll still
have all your other options available if it’s determined that we’re not
your best solution.
Sincerely,
Keith Young, President
Petra Housing Solutions, LLC
P.S. If you are
behind on your house payments and don’t have an immediate plan to cure
your default, it is only a matter of them that your name will appear on
public record as “someone in distress.” Then you’ll have to deal with a
barrage of real estate agents, mortgage brokers and real estate investors
hoping to capitalize on your misfortune. Perhaps you’ve already
experienced that! I hope not. It can be very embarrassing and upsetting.
Call now!
Petra Housing
Solutions, LLC
Phoenix, AZ
85043
Phone:
602-466-7310
Email:
exec@petrabuyshouses.com
© COPYRIGHT 2005 ALL RIGHTS
RESERVED
PETRA HOUSING SOLUTIONS, LLC
