 Anita Evans-Lomas have help several differnt families between November 2006- Present that were facing FORECLOSURE. I listed their properties and were able to do short sales for all families. I know that these sellers are so happy that they did not have to experience a FORECLOSURE on their credit. If you are behind in your payments and are facing FORECLOSURE contact Anita Evans Realty Group for FREE consultation 770-774-4595 or 678-656-3519. Anita Evans-Lomas
 3 PATHS TO TAKE WHEN FACING FORECLOSURE:
Dear Bob I'm behind on my mortgage payments and probably will be foreclosured. prople have told me to (1) do a "short sale" of the property, (2) give it back to the lender with a deed in lieu of foreclosure, or (3) proceed to foreclosure and then file bankruptcy. please explain the pros and cons of each. Do I have to have a short sale before I can do a deed in lieu of foreclosure? What if I sell the property at market value, but that's not enough to pay all the debts
Dear Napin: A Short Sale means you sell the property for less than the mortgage balance at it's market value and the mortgage lenders agrees, in advance, to accept the net amount as payment in full to satisfy the mortgage. Lenders can be very difficult about agreeing to a short sale. You need a listing agent experience with short sales who can deal with your lender and who will insist you recieve absolutely nothing from the sale
 Most mortgage lenders will not accept a deed in lieu of foreclosure. The reason is the lender then takes title subject to any liens or encumberances you might have incurred during ownership. However, if you can prove to the lender there are no junior mortgage or other liens affecting title, such as unpaid property taxes, your lender might accept this alternative, which is cheaper for the lender than foreclosure.
If you let the property go to foreclosure sale, why file bankruptcy? That makes no sense unless you have other extensive debts such as credit cards you can't afford to pay. Should you file bankruptcy while the foreclosure is pending, thast delays forclosure but doesn't prevent it.
 Filing bankruptcy can be a major mistake, which will haunt you for years to come. Before you can file bankruptcy, dederal law now requires you to get credit counseling. If you sell the property at market value but that's not enough to pay off the mortgage and other costs of the sale, you can pay the deficit out of your pocket and walk away happy that you don't have a foreclosure, short sale or deed in lieu of foreclosure on your credit reports. Talk to your lenders now to work out the best solution for both parties
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Pre-Eviction Services: In cases where the home has been foreclosed on and the occupants are not able to move in a timely manner. We at The Anita Evans Foreclosure Prevention have created techniques to allow a 30 to 60 day extension, giving the occupant additional time to move on their own.
WHY THE ANITA EVANS FORCLOSURE PREVENTION/ PROVIDES SPECIALTY SERVICES TO HELP WITH YOUR PURCHASE DECISION
According to the Atlanta Foreclosure Report, July, 2007, there are an average of over 6,000 foreclosure filings per month in the Atlanta area.
The Anita Evans Foreclosure Previntion can assist a prospective investor in several ways: 1) The client comes to us for help, in most cases they simply cannot afford the property and just want out. Our process includes inspections with contractors, pulling title, ordering appraisals and/or BPO’s, requesting payoffs and reinstatement figures from all lien holders and ordering CMA reports from our on staff licensed Realtors.
2) The homework (property profile) is provided first and short sales are pre-presented so you are getting the best possible deal in the shortest amount of time. This process allows you, the investor, to acquire the property with instant equity! Most properties do not require re-hab. At the foreclosure auction, properties are being offered at the full payoff of the first lien holder, back payments, attorney’s fees, penalties and other related costs plus $1.00 over that amount.
If the property has equity already, that’s great, but in the real world you are purchasing with little chance of getting instant equity, which puts your investment at high risk. We can change those odds with our techniques and creative discounts.
While It is best to acquire pre-foreclosures with cash, our techniques will allow for financing even if you cannot come up with 100% financing. You may obtain a loan for the maximum LTV and use a line of credit, private partner and/or down payment assistance for the remainder.
We also eliminate competition from other investors by working with the client prior to foreclosure advertisement, therefore granting more time for our prospective buyers to take their time to investigate and/or inspect the property. Lastly, our closing attorneys can assist with issues of ownership, making sure that your transaction is complete, legal and ethical.
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