Avoiding Utah County Foreclosures

There are many Utah County homeowners who are struggling with making their mortgage payments for a number of reasons. They are faced with tough choices: do they stay in their home that they may no longer be able to afford, or should they try to leave and get out from under their mortgage? The worst option is give up and just walk away from your home. There are better options to avoiding Utah County foreclosures. Negotiating a short sale with your mortgage holder or applying for a loan modification are two of the many ways that local real estate professional Brett Bezzant can assist you. Both are alternatives to foreclosure and are less damaging to your credit and financial future.

Short Sale Your Home to Avoid Utah County Foreclosure

A short sale used when avoiding Utah County foreclosures is when you owe more than your home is worth and you sell it with the assistance of a licensed real estate agent. This is a no cost option to sellers as the lender pays the real estate agent. It is well known that a lender will net more money on a short sale than taking a home through the foreclosure process. They will save money on interest, attorney fees, and other related foreclosure costs. On the other hand, a loan modification occurs when your lender reduces your interest rate or extends the terms of the loan. To qualify, you often have to send your lender all of your pay stubs, bank statements, and other financial documentation.

Don’t be overwhelmed by the options available to avoiding Utah County foreclosures. Local real estate professional and short sale expert, Brett Bezzant can help you choose the best option for your circumstances and can walk you through the process from start to finish. Whether you are a buyer considering Utah County new homes or a seller in need of short sale guidance, connect with Brett today. He has the knowledge, experience and expertise needed to assist all buyers and sellers in today’s challenging real estate market. Connect today to get started!

Real Estate Areas of Expertise
Avoiding Utah County Foreclosures | Homes For Sale in Utah County | Homes for Sale Utah County | Houses For Sale in Utah County | Houses For Sale Utah County | New Homes in Utah County | Utah County Homes For Sale | Utah County MLS | Utah County New Homes