About Us

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24th Feb 2014

Hayes Realty has Over 8 Years of Big 5 Banking Experience. We have help stop hundreds of foreclosure sales and turned them into short sales which provides a win win situation for the underwater homeowner who can no longer afford their home. We specialize in helping homeowners who are stuck in the loan mod mess, thinking bout filing bankruptcy, or just flat out feel like they have no options.

During our time working at several Big 5 Banks we began to notice the trend of banks selling homeowners a sense of false hope. As former Big 5 Banking foreclosure specialists we noticed a trend that 1 out of 3 delinquent homeowners who recently received mortgage modifications defaulted again within 12 months. For most borrowers a loan modification is not the best option. Often times, the terms of a loan modification do not provide true financial relief for the homeowner. All too often we see homeowners throw money down the drain hoping and waiting for an approval on their loan modification application. Many homeowners are denied a loan modification and again find themselves facing the threat of losing their home to a foreclosure.

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Our goal is inform our clients of the laws so that they can make an informed decision instead of relying on the false hope provided by the bank. Hayes Realty foreclosure and short sale specialists are experienced at helping homeowners navigate the treacherous process of dealing with the mortgage company. We encourage our clients to use the law to their advantage.

The Mortgage Debt Relief Act of 2007 was a law passed by Congress in response to the recent real estate crash. Normally, debt that is forgiven or cancelled by a lender must be included as income on your tax return and is taxable. The Mortgage Debt Relief Act offers temporary financial relief to homeowners who would have owed taxes on forgiven mortgage debt after facing a foreclosure. This exemption could potentially save you thousands on your tax bill, but only if you take advantage before the Relief Act expires. Act Now!

If are in danger of losing your home because you can’t make the mortgage payment, Hayes Realty may be able to help with:

• COMPLIMENTARY FORECLOSURE ANALYSIS

• PRE-BK REVIEW

Short Sale

A short sale is often used as an alternative to foreclosure. If you are upside down on your mortgage and need to sell the property, the short sale can be a great tool. When facing foreclosure, none of your options seem attractive, but the short sale is by far the best option for you. Loan modifications are just band-aids that provide temporary relief. As former Big 5 foreclosure specialists we noticed a trend that most modified loans fall back into foreclosure within 12 months simply because the homeowner can’t afford the house anymore. Make the right choice and move forward in your life.

Purchase

If you are considering purchasing a property, call us today to explore your financing options. Given the challenges of today’s real estate market, it is important to work with knowledgeable professionals who understand your real estate strategy and strive for a win-win solution. Our team of former Big 5 bankers can help you determine the best mortgage for you.

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Mortgage Programs

Back to Work Extenuating Circumstance’ is a new FHA mortgage product designed to help potential borrowers who experienced a financial hardship during the recession. The program is designed to assist borrowers with a history of foreclosure, short sale, bankruptcy, loan modification, or deed in lieu. As soon as one year after a hardship, it is possible to purchase a property with as little as 3.5% down payment. Our team of former Big 5 bankers can help you determine the best mortgage for you.

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