Strategic Default Help
Default on an Underwater Mortgage
and Keep Your Home!
This is a very unique time in our history. The housing market boom of the last decade, fueled by inexpensive credit and loose
lending guidelines, pushed homes prices into the stratosphere. At the peak, with home values double or triple what they had been just a few years
prior, it seemed good time were ahead for all - until the bubble burst. As the economy stalled and recession beset the housing market, the pride
of our portfolios - our homes - became great liabilities.
Currently there are over 11 millions homes with upside down mortgages in America, and that number is only expected to get worse. While the majority of foreclosures
are due to financial distress such as job loss, bankruptcy, divorce, etc., a growing number of Americans can afford to pay their underwater mortgage
but choose not to. They are simply walking away from homes that are worth as little as half of what they paid. This is called Strategic Default.
Homeowners have determined it will take decades to free themselves of the negative equity and have decided to throw their money away no longer.
Our service at CLEAN SLATE FUNDING is designed specifically and only for those Americans who can afford their mortgage but plan to enter a strategic
default. Of all the negative consequences of strategic default and strategic foreclosure - impaired credit, stress, embarrassment, - the heartache
of losing the home they love surpasses all.
Clean Slate Funding may have a solution for you and your family. Our mission is to keep you in the home you love, even after foreclosure.
How it works
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