Foreclosure Prevention Program

Our Foreclosure Prevention Program is designed to help Homeowners avoid foreclosure.  Our Workout Department will prepare all the documentation and         negotiate with the lender on your behalf.

Our TEAM consists of: 

 Tony Cordileone, Real Estate Broker

  Joel Cordileone, Realtor/Data Analyst

  Jennifer Calderone, CEO Transactions Plus

       John Nicosia, Real Estate Attorney

       Chris Flores, Mortgage Consultant

       Team of Transaction Coordinators  (Team TPI tab)

Together we will fight for your future!

What is a Foreclosure and how it will affect you

A legal process in which a lender takes the title or forces the sale of a property as a result of the borrower’s failure to comply with the terms and conditions of the mortgage. 

• Reflects on your credit report for up to 7 years
• Has a negative impact on your credit score of about 150-200 points
• May have other ramifications that will effect your future finances. 

What is a Short Sale and how it will affect you

A homeowner sells their home for less than what is owed on the loan and the Lender accepts payment in full.  Homeowner escapes foreclosure, but receives no funds.  Lender does not report foreclosure to credit bureau.