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Equity Options Map
What do you do when your home is consumed by raging debt?
If You Have Equity
If You Have No Equity
Keep
Your Home
Decision to
Let Home Go
1.
Repayment
Workouts
2.
Reinstatement
3.
Forbearance
4.
Refinance
5.
Deferment
6.
Mortgage
Modifications
7.
Claim Advance
8.
Partial Claim
9.
Sale -
Cash Out
10.
Assumption
11.
Deed in Lieu
Decision to Let Home Go
12.
Short Sale
13.
Bankruptcy
FORECLOSURE
TIME IS CRITICAL!
What Happens if You Wait Too Long?
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