Can I turn my upside down, underwater mortgage, non assumable mortgage over to a company and walk away?

Can I turn my upside down, underwater mortgage, non assumable mortgage over to a company and walk away?

Can I turn over my upside down, underwater mortgage, non assumable mortgage and home over to a company such as Homeowners Relief Options and walk away? Yes. You can.

Turning your home over to a company that will make the mortgage payments, pay the insurance, taxes, keep up maintenance, etc. in return for signing over the property and recording the transaction at the local county recorders office where the property resides is very possible. https://www.HomeownersReliefOptions.com

Can I turn over my upside down or underwater mortgage and home over to Homeowners Relief Options and walk away? Can they take over my non assumable mortgage? Yes. Lets look at some other options first shall we?

Principle Reduction
If you've tried to get your mortgage company or lender to reduce the principle amount of your mortgage to current market value so you can sell your home and move on and the mortgage company or lender won't budge, then yes, turning your home over to a company that will make the mortgage payments, pay the insurance, taxes, keep up maintenance, etc. in return for signing over the property and recording the transaction at the local county recorder’s office where the property resides is very possible.

Short Sale
Perhaps you've a reduction in your income or may have become suddenly unemployed and depleting your hard earned savings while you figure out what to do is not appealing to you. You've approached your local realtor or a recommended one from friends or family and the realtor tells you that your only way out of this mess is to get your mortgage company to agree to a short sale. 

Which is getting your mortgage company to allow you to sell your home for less than what’s owed on the mortgage in order to get out from under that underwater or upside down mortgage situation. Ahh...but did your realtor inform you that this is a process that normally takes anywhere from 4 to 9 months or even longer in Some cases? Did the realtor mention that the credit score drop that you the homeowner will take is roughly equal to what a foreclosure credit score drop is? Does your realtor even know this? Do they even care? 

They will get their commission for sure IF the short sale is approved by your lender. Did you know that as a homeowner participating in a short sale that you are not allowed to profit or make any money off of the short sale of your home? IF the short sale gets approved and IF their is a buyer ready to purchase the home. 

Strategic Default
Well perhaps you say the heck with it like what some homeowners have done in the past and simply walk away from the whole thing altogether perhaps even mailing the keys back to the lender or mortgage company. The problem is the lender wants payment not the keys so you are not off the hook. They are now coming back with a vengeance looking for every possible way to make you pay for walking away. Garnishment of bank accounts, paycheck, liens on other property you may currently own or even own in the future. Yeah, these type of homeowners are called strategic defaulters because they voluntarily foreclose and literally walk away from the mortgage obligation oblivious to the eventual ramifications that will occur. 

Another Solution for Upside down mortgages, Underwater homes and non assumable mortgages.

So is there another solution to just walking away aka strategic default or a possible short sale of the property? Sure there is. Again there are reputable companies such as Homeowners Relief Options Inc that will help you in this situation by taking over your mortgage payments and home regardless of the amount you owe on the mortgage. They take over mortgage payments on non assumable mortgages as well. 

Do they charge? No. Are they in this for a profit? Of course. They make their profit upon the successful sale and payoff of your mortgage as market conditions allow. Meanwhile all expenses such as payments, taxes and insurance are covered by them until the satisfaction of the mortgage. 

Can or will your realtor do this for you? In return again they simply ask for the signing over of your house to their trustee. After all why would they pay a mortgage on a home they do not own or control? Well, just look at the other alternatives that we have mentioned. If none of them seem feasible then here is an alternative. At least you know now that another one exists and works. Homeowners Relief Options Inc...We take over and you move on. See us at https://www.HomeownersReliefOptions.com


 by C Lenett
Google 
Acquisitions Manager 
Homeowners Relief Options Inc.
623-738-4398 
Info@HomeownersReliefProgram.com