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Although the definition may vary by jurisdiction, the seizure consultant generally means any person who makes a request, represents, or offers to the owner to compensate or who, to compensate, perform any service that the person is in the way whatever represents will in any way do the following:
- Stop or post a foreclosure sale.
- Get any patience from the recipient or the recipient of the credit.
- Help the owner to use recovery rights.
- Get any renewal from the period in which the owner can recover his/her obligations.
- Earn exceptions from the acceleration clause contained in the agreement or contract guaranteed by a trust or mortgage deed on the place of residence in foreclosure or contained in any trust or mortgage deed.
- Help the owner to get a loan or down payment.
- Avoid or fix damages to owner credits resulting from default notification records or foreclosure sale behavior.
- Save owner's residence from foreclosure.
In some jurisdictions a foreclosure consultant must be licensed by the government.
Video Foreclosure consultant
References
Maps Foreclosure consultant
See also
- Deed instead of foreclosure
Source of the article : Wikipedia