Worried about losing your home? Would you like to save your home and your family that lives there? Or, has the court served you with foreclosure papers? Do you need a short sale process or loss mitigation program? It is practically impossible to complete a successful short sale without dealing with the loss mitigation agency. So, how do you deal with loss mitigation successfully? We can shed some light on that!

The Closing Company negotiates on the client’s behalf and gets you the best Loss mitigation programs available today. We offer a variety of foreclosure substitutes developed to retain fee income, reclaim late charges and stabilize collection costs for lenders and mortgage services. Our goal is to make the closing process as stress free as possible and to stop the foreclosure process. The Closing Company loss mitigation Programs are needed throughout the United States to help preserve the clients’ dreams and keep their families, who are behind on mortgage payments, in their homes.

Loss mitigation is the process of trying to stop a home foreclosure before it befalls. The loss mitigation process can be led by either an employee or delegate of the lean holder or a third party that works strictly for the best interests of the home owner. The loss mitigation process is much better managed by a third party due to their experience and the ability to deal with the lending company without a personal attachment to the situation.

Loss mitigation is all about keeping the home owner in their home. Every attempt should be made to help the home owner get the most for their home as they possibly can before a foreclosure sale takes place. This may include deed-in-lieu of foreclosure or a short payoff if a qualified purchaser can be found.

There are several options when it comes to loss mitigation and the main focus should be to keep the home owner in their home. A loss mitigation counselor should first endeavor to set up a loan modification plan or a repayment plan that is realistic for the home owner as well as favorable to the lending institution. Loan modification may include a partial payment of amounts in arrears and then an extension of the loan terms to compensate for the remainder of the amount of the loan in default. With the repayment plan, it is necessary that the plan be realistic when it comes to the home owner’s ability to repay the amount that is delinquent.

Thanks for visiting our Loss mitigation section. As a short sale processor & attorney mediator we help you with deed in lieu of foreclosure. With our team on your side, you can focus on your family, your clients and your move or just enjoy a day at the beach!

As The Closing Company, our goal is to make the closing process as stress free as
possible and to stop the foreclosure process. We make your search for real
estate closing attorney easy & as stress free as possible.

Home | Florida Real Estate Lawyer | Title & Escrow Settlement Company | Lis-Pendens
Real Estate Closing Attorney Miami | Pre-Foreclosure | Title Company Miami Florida
Loss Mitigation | FHA Loans | Contact Us | Sitemap