When unforeseen financial circumstances impact your ability to make regular mortgage payments, it’s important for you to take quick action. Nothing impacts your credit score and financial plans as adversely as missing your mortgage payments. For most people in BC, a mortgage is the biggest loan you will ever be responsible for. Failing to keep up with your mortgage payments will not just end up with your property going into foreclosure, it will also make life extremely difficult for you moving forward.
If you are unable to pay your mortgage, not able to renew your mortgage, not able to take out a loan or apply for a low interest rate credit card due to your credit score being impacted from missed mortgage payments, this can impact your financial plans and put your life on hold for years.
The pre-foreclosure stage is the initial stage of the foreclosure process when your mortgage lender has taken legal action by hiring a lawyer to assist your lender to ensure a speedy and effective resolution for your lender to get back the money that they loaned you for the property.
Your lender’s lawyer will issue you a demand letter demanding payment for either your missed mortgage payments, acceleration and demand for the full mortgage balance, a combination of the two or a demand for the full balance of the mortgage after the mortgage has matured and note events of default.
If you can not or have not met the terms of your lender’s demand letter by the time the demand period expires, your lender will continue the foreclosure proceedings against you in Supreme Court.
If you find yourself facing financial difficulties, as a result of job loss, family income reduction, or for other reasons, it can be an overwhelming experience leaving you feeling uncomfortable and unsure of what to do.
We Can Help. Mortgage Problems and Solutions – Pre Foreclosure Homes Take Over Payments Program
Our Company, GVCPS is a well established Real Estate Investment Company that specializes in pre foreclosure homes take over payments. If you are in pre foreclosure, we can help you reinstate your mortgage with your lender and bring your mortgage back into good standing to avoid foreclosure in any location of Vancouver, BC, the Lower Mainland, BC and the Fraser Valley, BC.
Through our Pre Foreclosure Homes Take Over Payments Program, we take over mortgage payments and the house, townhome or condo associated with the mortgage regardless of the age or condition of the property and we do not charge any fees or real estate commissions.
We help relieve your financial stress around real estate by providing you with monthly cash flow management solutions to an unmanageable or unwanted mortgage and property situation to help protect your equity in the property and protect your credit.
We provide flexible, pre-negotiated terms that can give you the best value for your house, townhome or condo and we can provide you with more money with none of the hassles normally involved in selling to enable you to move on from your property situation with peace of mind.
Time is of the essence if you have received a demand letter from your lender and are facing pre foreclosure. Contact us for Free Consultation regarding our Pre Foreclosure Homes Take Over Payments Program.
Our Pre Foreclosure Homes Take Over Payments Program will also help protect your credit record regarding any of your missed mortgage payments.
Your credit record along with any of your remaining equity in the property is less likely to be affected if you take quick action at the first signs of fonancial difficulty or when you are proactive in the pre-foreclosure take over payments stage.
When unforeseen financial circumstances impact your ability to make regular mortgage payments, through early intervention, you increase the chance of successfully managing your financial situation. There are alternatives to foreclose that are available to you when you act quickly at the first sign of financial difficulty that create mortgage payment problems.
Through our Pre-Foreclosure Take Over Payments Program, we offer Free Consultation regarding different options to keep your mortgage in good standing with your lender to avoid foreclosure. In every case, the options available to you will depend on your individual financial circumstances.
Address any difficulties you are having with your mortgage payments immediately. Acting fast will help to keep your best options open to resolve your situation and to avoid foreclosure.
Do not wait until you receive telephone calls from your mortgage lender or a formal demand letter from your mortgage lender’s lawyer regarding your missed mortgage payments, by then, the formal foreclosure proceeding has started and depending on your individual circumstances, your lender may be unwilling to accept any outstanding mortgage payments from you to reinstate the mortgage and bring the mortgage back into good standing.
For 25 years, our Company has been helping people through our Pre-Foreclosure Take Over Payments Program who require a solution to their mortgage and property situation.
Regardless of your situation or the age and condition of your house, townhome or condo, we take over mortgage payments and the property associated with the mortgage in any location of Surrey BC, Delta BC, Coquitlam BC, Port Coquitlam BC, Port Moody BC, Vancouver BC. Burnaby, BC, Richmond BC, New Westminster BC, Langley BC, Pitt Meadows BC, Abbotsford BC, Maple Ridge BC, Mission BC and Chilliwack BC.
We understand the stress and hassles that you face when you are in a difficult real estate situation. We don’t know how many months you’ve been trying to sell or have been looking for a solution to your mortgage payment situation. Don’t procrastinate. Don’t let your property situation become a liability. Contact us for Free Consultation to discuss how we can help you avoid foreclosure through our Pre Foreclosure Take Over Payments Program.