Foreclosure Avoidance Strategy

To Regain Your Balance

Feeling overwhelmed or uncertain?
We can help you regain your balance.
The equity in your asset equals opportunity
And Develop a Creative Strategy

With privacy, preservation and professionalism we have successfully positioned luxury homes to navigate a way towards a positive outcome while preserving dignity and employing discretion through the entire process.

The Possibilities

Avoiding foreclosure may be possible and potentially in your better financial interest. Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of the mortgaged property and selling it. Typically, default is triggered when a borrower misses a specific number of payments either intentionally or unintentionally. It can also happen when a borrower fails to meet other terms in the mortgage document. Every financial story is unique

01

CONSULT with a licensed foreclosure avoidance real
estate professional.
02.

KNOW your options
03

CREATE your unique plan.

Bank Driven Paths.

There are several different types of foreclosures depending on the terms of your mortgage. Some foreclosures involve legal action and others do not

Judicial Foreclosure:

With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise the foreclosure process will proceed.
Strict Foreclosure:

Strict foreclosures are less common because they are only allowed in a few states. In this case, the mortgage lender files a lawsuit against the homeowner, and if the borrower does not make up their payments within the court-ordered time period, the home can be seized by the mortgage holder

Power of Sale:

A power of sale foreclosure is allowed in some states if your mortgage has a power of sale clause in the contract. Once the borrower falls behind on their payments, their mortgage provider is allowed to put the house up for auction. A power of sale foreclosure is considered a non-judicial foreclosure because there is no legal action taken.
A Deed In Lieu:

A deed in lieu is an agreement is an arrangement where you give your mortgage lender . Homeowners agree to deed in lieu agreements to avoid foreclosure. Foreclosures show up on your credit report, which can make it virtually impossible for you to buy another home for years. A deed in lieu of foreclosure can release you from your mortgage responsibilities and allow you to avoid a foreclosure on your credit report.

Potential Alternate Paths.

01

Consult with your foreclosure avoidance specialist to sell your asset in an up market, clear the bank note and move forward with financial stability
02.

Private Exclusive/Off-Market Listing can be shared by a Compass agent directly with their colleagues and their buyers. Property details are not disseminated widely and do not appear on public home search websites. Listing a private exclusive allows you to control what information is shared while still getting exposure to top agents at Compass
03

Short sale when a mortgage lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of the property by a financially distressed owner. The lender forgives the remaining balance of the loan.

_{* Please take note these are suggestions and information. We are not attorney’s and suggest you consult with your attorney or financial advisor for the final plan of action. This is not a solicitation.}

Your Strategist and Analyst

Susan Vanech

Licensed Real Estate Salesperson and Founder Coastal Compass

203.685.2348 [email protected] READ BIO
Carrie Braley

Licensed Real Estate Salesperson

203.767.8204 [email protected] READ BIO

Meet the team

Strength in our numbers

Ranked #1

Residential Brokerage in U.S

Ranked #1

Residential Brokerage in U.S

Fortune 500

Listed on the Fortune 500®

Fortune 500

Listed on the Fortune 500®

Global Exposure and Recognition.

Our rapid growth has made Compass, "a household brand name for both home buyers and sellers." This recognition translates directly to your home, whether buying or selling.
Strength and Stability.

You can be confident that you are supported by a brokerage with the collective insight of 28,000 agents, the scale of the #1 brokerage by sales volume, and the merit of the Fortune 500®.
Global Reach and Network.

As one of the only residential brokerages in the Fortune 500®, our unparalleled network of the nation's top agents gives you the most valuable referral network in the industry.

A network of top real estate agents ready to bring you your buyer.

71

Markets

71

Markets

$254B

2021 Gross Transaction Value*

$254B

2021 Gross Transaction Value*

28k+

Agents**

28k+

Agents**

Compass Concierge is the hassle-free way to help sell your home faster and for a higher price.

From staging to renovation, we can leverage our exclusive Concierge program to prepare your home for the market with zero upfront costs or interest. By investing in your home’s potential, we aim to provide a swifter, more profitable sale.

How it Works
1. Determine a budget and updates together, then apply for Concierge funds
2. Immediately receive your Concierge Card or request cash
3. Work with trusted vendors to complete homes improvements
4. Repay at closing, delisting, or 12 months after approval.*
2X

Sellers who use Compass Concierge are nearly twice as likely to sell their home in 60 days (compared to the average MLS listing in Compass markets)**

Apply at concierge.notablefi.com/apply/start

Giving Back to Our Communities

Compass Cares empowers agents to support meaningful causes right where it counts most — in your neighborhood.

$3.8M

Donated to strengthen our communities to date*

3,300 +

Organizations supported*

Work With Us

Whether working with first-time buyers or indulging the connoisseurs of life, representing a parcel of land or an estate on the Gold Coast, Susan and her team offer exemplary time, care, attention and expertise to guide every client to find their way home.

It’s Time . . .

To Regain Your Balance

And Develop a Creative Strategy

The Possibilities

01

02.

03

Bank Driven Paths.

Judicial Foreclosure:

Strict Foreclosure:

Power of Sale:

A Deed In Lieu:

Potential Alternate Paths.

01

02.

03

Your Strategist and Analyst

Susan Vanech

Carrie Braley

Strength in our numbers

Ranked #1

Ranked #1

Fortune 500

Fortune 500

Global Exposure and Recognition.

Strength and Stability.

Global Reach and Network.

A network of top real estate agents ready to bring you your buyer.

71

71

$254B

$254B

28k+

28k+

Compass Concierge is the hassle-free way to help sell your home faster and for a higher price.

How it Works

2X

Giving Back to Our Communities

$3.8M

3,300 +

Work With Us

Follow Us On Instagram

Contact Details

Susan Vanech Properties

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