What is Foreclosure?
Foreclosure is a legal process through which a mortgage company repossesses a property. This occurs when the property owner fails to make payments and defaults or violates the agreements of their mortgage loan.
It is NOT Too Late!
Even if you have received a foreclosure notice there are ways to combat and avoid the serious repercussions of foreclosure.
Give us a call or schedule a call using this form to learn how Forza can help you handle timeshare foreclosures.
Schedule a Free Consultation
What Are The Impacts of Foreclosure?
The impacts of foreclosure can be serious. Most notably is credit damage. According to FICO, a foreclosure can drop your score by 100-160 points. Additionally, this damage lasts for 7 years.
Consumers may also suffer from:
- ineligibility to receive a home loan lasting 4 years,
- increased interest rates,
- and even be found responsible for a mortgage deficiency
How Can FORZA Help?
Foreclosures are serious. You don’t have to go through it alone. Forza Consumer Group is a consumer protection agency that assists with timeshare-related claims. Our agency is able to:
Eliminate or reduce any liability or exposure that you may experience from a strict foreclosure
Negotiate the prevention of a deficiency judgment
Facilitate the transfer of ownership, thereby releasing you of any claims or liens
Provide foreclosure windfall
Review and resolve right violations
Assist in the collection of any surplus you may be entitled to
Draft letters and citations for you loan officer
Credit support throughout the process
Don’t wait for the resort to foreclose on you. Take action with FORZA’s help!