Master Home Buyer is your Pre-Foreclosure Solutions Experts
Pre-Foreclosure is the first step in the legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments. The lender forces the sale of the asset that was used as the collateral for the loan, in this case the home.
Pre-Foreclosure is designed to give the homeowner options to solve the problem of missed payments before the actual foreclosure is decided at the local courthouse.
When a home goes into Pre-Foreclosure a legal notice (referred to as a lis-pendens) is filed in the local court and this means that the lender has begun the legal process of foreclosure. A lis-pendens is a recorded document that gives notice that a home is subject to a pending legal action, such as a judicial foreclosure. A home is considered to be in pre–foreclosure from the time a lis pendens is recorded until the court officially declares the home foreclosed and proceeds to turn receivership of the property back to the lender.
That’s Not the Worst Part
The Financial & Mental Stress Is!
Your goal is to take whatever action necessary, as soon as possible to prevent your home from being foreclosed on for many reasons. Here are just a few of the most important ones and these will hurt you financially & mentally the most.
- You will lose ALL equity in your house!
- A foreclosure will ruin your credit for 7 years.
- You will pay more for ALL your insurance, deposits, housing & more.
- Potential Upheaval of your family and your lifestyle.
- Not to mention the extended mental anguish you and your entire family face for years!
We Have Good New For You!
It Doesn’t Have to Be That Way!
If Your House Has Not Yet Gone to Auction You Still Have Options!
At MVP Home Offer we have tailored programs specifically designed for you, based on your situation, your needs, the circumstances, the time left to auction and what your plans moving forward look like.
If you have a week to the auction date looks a lot different than having 30 days to the auction date. Truth is, It doesn’t matter! For you best results, the sooner you seek a solution the better.
Whatever your time frame is, we got you covered! We are experts in Pre-Foreclosure and give you up to 8 options, depending on what works best for you and your family. And what ever option you choose, we will execute that plan flawlessly, as your family’s future is in our hands.
We take that seriously!