Borrowers
Communicating Is Your Most Important Step
Whether you’ve already missed a payment or are anticipating difficulty in the near future, speaking with a loan counselor today is the most important step in protecting your home, your credit, and your investment. EroEstate is empowered to quickly implement solutions to help you avoid foreclosure and preserve your credit standing.
You Have Options
Realistic and flexible options are available to our clients who are having hardship challenges. Once we’ve learned your situation, we will work with you to help you keep your property and your mortgage in good standing or offer you an easy exit to the current that, one that both preserves your credit and avoids judgments and deficiency balances.
Common options to avoid foreclosure
There are several options that may be pursued as an alternative to foreclosure:
- Pre-foreclosure Sale (Short Sale or Short Fall Sale)
- Forbearance Plan
- Modification
- Deed-in-Lieu of Foreclosure