Get Free Albuquerque, Rio Rancho and Los Lunas School Reports From a Local Expert, Quickly by Email Everyone offers free school reports. Us too! Plus we offer more. As top Albuquerque, Rio Rancho and Los Lunas real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Albuquerque, Rio Rancho and Los Lunas, New Mexico area on a daily basis. It's our job to know, and our job to tell you. Call us for a first-hand experience of the local schools. Or fill out this form to send us a message right now. It's free and without obligation. We'll get back to you immediately with a phone call, a free report, or a brochure from a local school... What ages are your children? We'll tell you what your choices are for schools in Albuquerque, Rio Rancho and Los Lunas. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
Foreclosures >4. Foreclosure Alternatives There are several alternatives for a homeowner to consider when foreclosure is looming. Before proceeding, a homeowner must first choose whether or not he or she wants to keep his or her home.
If a homeowner wants to keep their home:
- Repayment plan: The homeowner establishes a payment schedule with the lender to pay the delinquent amount.
- Special forbearance plan: The homeowner requests a temporary reduction or payment suspension that will be increased after a set specific period of to repay the delinquent amount.
- Modifying the mortgage: The homeowner can refinance the debt and/or extend the term of the loan.
- HUD partial claim: If the homeowner has a loan insured by the Federal Housing Administration the lender can get a one time payment from the FHA-Insurance Fund to get the mortgage payments up to date.
- Refinance: The homeowner can negotiate a new loan with a different interest rate in order to make smaller payments.
- All options listed are subject to approval of the lender.
If a homeowner does not want to keep their home:
- Sell the house: Depending on the situation, the homeowner may be able to sell the house for more than is owed to the lender.
- Assumption: The homeowner turns over possession of the house to another person who then assumes the responsibility of the payments.
- Short sale: The lender and the homeowner come to an agreement to sell the home at a loss in order to get the homeowner out.
- Pre-foreclosure sale: The homeowner can sell the home and use the proceeds to settle the mortgage debt, even if the proceeds are less than the amount owed.
- Deed in Lieu of Foreclosure: The homeowner surrenders the property to the lender without further damage to his or her credit.
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| Q |
What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
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| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
 See More Real Estate Trivia > |
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Joe and Rosanna Maez
Keller Williams Realty
6240 Riverside Plaza Lane NW, Ste. 100
Albuquerque, NM 87120
505-897-1100
Fax: 505-212-0549
rosannamaez@NUMBER1EXPERT.Com
You can breath easy knowing that when Joe and Rosanna Maez are working for you integrity and tenacity are present. Joe and Rosanna are proven experts in Albuquerque and Rio Rancho Real Estate. They are used to handling several transactions of all different sizes at one time. You have made the right choice by putting your trust in the Joe and Rosanna Maez of the Maez Group.   
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