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Notice of Default

Notice of Default

Prior to Foreclosure a property owner will receive a Notice of Default that warns them that foreclosure on their property is imminent unless they become current on their mortgage payments. Many people who receive a Notice of Default do not have the financial ability to avoid foreclosure. Because they need to act quickly, many troubled homeowners are willing to work with an investor who negotiates a marked-down settlement price with the bank and helps the homeowner avoid damage to their credit. In many situations the homeowner is allowed to maintain their residence. The bank, the homeowner and the investor all win in this situation.  The investor can have instant equity and cash flow from a newly acquired property. 888-364-FSBI

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