By Ann Hambly –
You surely wouldn’t give your property away for free, would you? Yet, often when I am talking to an owner who is facing a default on their property, they think that their only option is to ‘hand the property back to the “Lender.”‘
Yet, when I ask them if they would keep the property if they could potentially pay the loan off for 10 cents on the dollar, they quickly say “of course”. Now, I am not suggesting that everyone can pay their loan off for 10 cents on the dollar, but I am suggesting that everyone should at least see what their best option is before they consider handing the property back. Isn’t it always worth that?
There is really no down side to ensuring that you understand the best option you have available BEFORE you decide to give your property away, as long as you do it the right way.
If you are facing that kind of dilemma, let us set up a free consultation with you to discuss your options.