Consulting – Hope for Homeowners Consulting (H4HC) assesses each homeowner’s situation to determine which route is best them.  We take a look at a homeowner’s big picture; we figure out what hardships are causing their difficult time and which options are available to help achieve their goal of rectifying their hardship.   Hope for Homeowners Consulting provides a Written Action Plan that acts as a handbook, it lists everything that a homeowner  will need from why the homeowner is in their situation and all available options to overcome it.  At H4HC we do not tell you what to do with your life and family – we give you options that many lenders or attorneys may have overlooked or are unaware of because it is not in their realm of expertise. Using our knowledge and experience we guide the homeowner to the best road to take. In their Written Action Plan we give timed, step by step instructions on how to arrive at the desired destination.

Manage settlement Process from beginning to end

With the H4H Consulting Homeowner Rescue package we will manage all correspondence, financial paperwork, and communication with your lien holders.The settlement process is most often a very time consuming and aggravating struggle.  We will make sure your case is managed professionally, efficiently, and successfully leveraged to maximize your best financial outcome. We allow our clients peace of mind knowing their case is in good hands and they can go on living their lives while we fight the lenders for settlement. We have the knowledge, experience, determination and problem solving skills that allow us to get results for our clients. Our #1 objective for each client is settlement with Full Waiver of Deficiency!!

Possible settlement options most commonly consist of some of the following:

Short Sale  When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial sense to foreclose; moreover, not all sellers nor all properties qualify for short sales. But a short sale may be one of the best options available for you in this market. We will work with you to consider a short sale, as well as manage the communication with the lender and apply any pressure needed to get the best outcome for you.

Deed–in-Lieu of Foreclosure A deed-in-lieu of foreclosure voluntarily transfers ownership of your home and all real property secured by your mortgage loan (property) to lender to satisfy the total amount due on the first mortgage.  The DIL option will not allow you to keep your property, however, it will prevent you from going through a foreclosure sale and it will release you from all responsibility to repay the mortgage debt.

Bankruptcy This option can liquidate debt and/or allow more time.  H4HC will refer you to a qualified bankruptcy attorney in our sphere of influence. 

Chapter 7 (Liquidation) To completely settle personal debt. 

Chapter 13 (Wage Earner Plan) Payments are made toward a plan to pay off debts in 3-5 years.


H4H Consulting works with a Network of Top           Real Estate Professionals

Attorneys (Foreclosure Defense, Bankruptcy, Real Estate, Etc.)  To ensure a homeowner is properly represented and protected under all aspects of law pertaining to the rights of the homeowner.  A lawyer involves the practical application of abstract legal theories and knowledge to solve specific individualized problems, or to advance the interests of those who retain lawyers to perform legal services.

CPA’s  The purpose of a CPA is to attest to the reasonableness of disclosures, the freedom from material misstatement, and the adherence to the applicable generally accepted accounting principles in financial statements.  They will have the knowledge to advise you on such important items as tax implications of certain settlements and how best to structure those transaction.

Real Estate Agents  This is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy.  Having a good agent will drastically improve the success of your sale. With the proper marketing, pricing and negotiating they can accomplish a sale in the homeowners best interest.

Property Management   Property management can be an option for homeowners looking to offset their mortgage payment or legal defense. The responsibility of maintaining and running the property can be overwhelming. For many homeowners, the logical solution is to hire a property management company to oversee their rental property. We strive to ensure that every property owner who needs these services has a competent and honest professional to manage their most valuable asset.

Settlement Facilitators  Often creditors require the borrower to prove they have an economic or financial hardship preventing them from being able to pay the deficiency.  Creditors holding liens against real estate can include Primary Mortgages, Junior lien holders—such as second mortgages, Home Equity Lines of Credit HELOC lenders, Home Owners Association HOA (special assessment liens)—all of whom will need to approve individual applications for a short sale, should they be asked to take less than what is owed.  Often creditors use pre-determined criteria for approving the borrowers and the terms of the sale of the properties. Part of this process typically includes the creditor(s) determining the current market value of the real estate by obtaining an independent evaluation of the property from an appraisal, a Broker Price Opinion (BPO).  Depending on each creditor’s policy and the type of loan, creditors may accept applications from borrowers even if the borrower is not in default with their payments. Due to the overwhelming number of defaulting borrowers due to mortgage failures and other causes as part of the current financial crisis, many creditors have become adept at processing such short sales applications; however, it can still take several months for the process from start to finish, often requiring multiple levels of approval.

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