The Eddings Group
Foreclosure Prevention Team
Foreclosure Options
  1. Reinstatement
  2. Forbearance
  3. Refinance
  4. Loan Modification
  5. Sell the Property
  6. Rent the Property
  7. Short Sale
  8. Deed in Lieu of Foreclosure
  9. Bankruptcy

     For more information about each option, please call us at 425-466-6900

Acceptable Hardships

A hardship is defined as: A material change in the financial situation of a homeowner that is or will affect their ability to pay their mortgage.

Examples of financial hardships are:

  1. Loss of job
  2. Business failure
  3. Damage to property
  4. Death of spouse
  5. Death of family members
  6. Severe illness
  7. Inheritance
  8. Divorce
  9. Mandatory job relocation
  10. Medical bills
  11. Military service
  12. Payment increase or mortgage adjustment
  13. Insurance or tax increase
  14. Reduced income
  15. Separation
  16. Too much debt
  17. Incarceration

 

 

  The Eddings Group

Joe Eddings, Realtor®
Certified Foreclosure Prevention Consultant
Residential/Commercial Real Estate
(425) 466-6900
Fax (425) 888-4631
E-mail:  joe@eddingsgroup.com

Caroline Loudenback, Realtor®,CDPE, SFR
Real Estate Professional
(206)948-3721
Fax (425)831-7532
E-mail:  caroline@eddingsgroup.com

www.eddingsgroup.com

Better Properties Real Estate - Snoqualmie Valley
202 W. North Bend Way  Suite C
North Bend, WA 98045