We’ve seenhowanentire industryhas grownuparound thepractice of lending tohome buyers. Fortunately, an entire industry alsohas been growing to meet the needs of individuals who require help and protection in the foreclosure process — individuals like you. This book is your roadmap, yourway out of the foreclosuremaze! We’ll begin in Part 1: The Ins and Outs of Foreclosure, by examining what a foreclosure is … and what it’s not. The truth might surprise you in ways that you find encouraging. We’ll talk about why homes go into foreclosure and we’ll look at some of the nuts and bolts of the process, such as deeds of trust, trustee sales, and what happens at a foreclosure auction. We’ll also begin to outline some of your options. In Part 2: How toAvoid Foreclosure, we’ll explore your options in greater depth, with an eye to helping you develop your foreclosure strategy. Some of these options could possibly help you avoid having to sell your home. Others will focus on selling your home yourself, giving you greater control over the outcome, including the terms and potential profit you could make off of the sale. Part 3 takes a deeper dive into The Selling Process to Avoid Foreclosure. You’ll quickly develop a better understanding of the home-selling process and how that process differs when you’re facing possible foreclosure. You’ll learn about: ; ; short sales (when they’re necessary); ; ; ways to improve your chances of selling; ; ; common seller mistakes to avoid; ; ; how to upgrade your home in ways that will maximize your return on investment (ROI); and ; ; how to negotiate so that you have the advantage.
Powered by FlippingBook