Associated Mortgage of North America Inc

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Your mortgage company can help modify your mortgage.
There are government programs that can help modify your mortgage.
We can help negotiate your loan modification.

Need to sell and the mortgage is more than the house is worth?
Your mortgage company can help with a short sale.
Your realtor can help with a short sale.
There are government programs that can help with a short sale.
We can help negotiate your mortgage for a short sale.

People need to sell their homes for many reasons. Job transfer, illness, family needs, divorce, death are all reasons why people must sell their houses.
Getting a mortgage lender to accept less than the amount due on the mortgage is a short sale. It is legal way to sell a house in a way that not destroy credit, embarrasses the family and strips an owner of dignity.
Almost 1 out of 5 homeowners owe more on their property than it is worth. For many homeowners and mortgage lenders, a short sale is the only way to sell a house. It is a way for both the homeowner and mortgage lender to work together and get out from under a property.

Lowering your house payment and making it more affordable is major objective for a loan modification. For homeowners who owe more than the house is worth, a loan modification can help save their home. Instead of refinancing at a lower interest rate, a loan modification simply changes the terms of the existing mortgage.
A mortgage may be modified depending on the homeowner's financial distress, the mortgage lender and the modification guidelines. Working together, the homeowner and mortgage lender, can reduce the mortgage payment and help the homeowner remain in the home.
Modifying a mortgage is a solution for a homeowner to avoid a foreclosure and remaining in the house.

Walking away and giving the keys to the bank is the least useful alternative. When a homeowner walks away from their home they have abandoned the house. They leave the property open to vandalism, theft and damage. It forces the mortgage lender to foreclose on the property. The financial consequences are significant for the homeowner. The mortgage lender may be able to get a collect the balance of what is owned on the mortgage in addition to the cost of maintaining the property, repairing damage, replacing appliances, attorney fees and court costs. The foreclosure associated with walking away can have significant negative impact on the homeowner's credit. The impact of walking away can follow and haunt the homeowner for a very long time.
It makes no sense to walk away when there are so many helpful alternatives.