| 1. |
How does your Walk Away Protection Plan & Kit protect me?
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| A. |
When you purchase a Walk Away Protection Plan & Kit we commit to helping you through the entire process. You will get over 50 years of combined Real Estate and Law experience to help you know and understand your rights. If you qualify for our plan, your lender WILL NOT be able to call you in attempt to collect. Your lender WILL NOT be able to collect any deficiency or loss they may receive by you walking away (select states only). You WILL be able to stay in your home for up to 8 months or more without having to pay anything to your lender. You CAN receive moving expenses up to $5,000.00 and you will be referred to a 3rd party BBB accredited law firm who has legally removed thousands of foreclosures. ou ! It is important to act now before it's too late.
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| 2. |
If I walk away, will I owe any money to my lender?
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| A. |
This will depend upon your state laws and the type of loan(s) you have. Attorneys have done the research for your state and can advise you regarding any liability you may have by walking away during your included consultation. Our Walk Away Protection Kit was designed to explain the laws and have been simplified for you to understand. In select states, if you qualify and follow our steps, you shouldn't have to pay anything to your lender.
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| 3. |
Do I have to file Bankruptcy?
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| A. |
No you don't have to. In many cases you can keep the rest of your credit in good standing.
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| 4. |
I'm in the military, are there any special rights or laws that protect me from foreclosure?
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| A. |
Please follow this link to a list of military FAQ's and information on our Military Home Preservation Protection Plan & Kit
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| 5. |
Should I hire an attorney?
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| A. |
When you join You Walk Away, you get a consultation with an attorney that is an expert in Foreclosure Law. You also will be assigned to a Sr. Advocate who can answer any questions you have during the entire foreclosure process. There are certain circumstances when an attorney is needed, however, hiring an attorney can be expensive with retainers and high hourly fees. Attorneys have helped us put together our Walk Away Protection Plan & Kit so it contains information that attorneys may give you anyways. This alone can save you thousands of dollars.
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| 6. |
How long until I can buy a house again?
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| A. |
Banks and Lenders now typically like to see 5 years since the foreclosure was discharged. However, some government loan agencies currently require only 3 years if there was extenuating circumstances or hardship. Depending upon the down payment, there may also be programs available that require only 1-2 years after a foreclosure. Ask one of our Sr. Advocates for details.
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| 7. |
How long will a foreclosure last on my credit?
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| A. |
Lenders usually look back 7.5 years. It may remain on your credit report for that long but the effects will diminish each year. With our plan you will be referred to a 3rd party BBB accredited law firm who has legally removed thousands of foreclosures.
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| 8. |
How much is your service?
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| A. |
With our money back guarantee, you get it all for only $995 .00 (in most states). This can be made in 2 payments of $498.00.
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| 9. |
Do you buy my home from me?
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| A. |
No, You Walk Away, LLC is not a real estate company, broker or private investor. Our customers usually don't have enough equity to sell their homes. If you are able to sell your home our program may not be the best choice for you. Through our Walk Away Plan and Kit, we can refer you to a short sale expert. If you opt to try for a short sale, this may delay the foreclosure process further.
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| 10. |
Does your service apply to Investment properties?
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| A. |
Yes, we can help you with investment properties as well as 2nd homes. If you are walking away from more than one property, the 2nd property is half price.
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| 11. |
It sounds too good to be true, how do I know this isn't a scam?
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| A. |
While there are many scams out there dealing for foreclosure, this is not one of them. We do not buy your home, we do not have you sign over your property to us. We provide a service and legal information. The service is to help you fully understand how the law pertains to your particular situation. Once your home has gone into foreclosure, your default becomes public record and you will receive a bombardment of advertisement to save your home and avoid foreclosure. Beware of companies that claim they can stop foreclosure or want you to make your monthly payments to them. Please click here to see our Press Page
Foreclosure rescue scams are deals that proclaim to "save your house" or "pay your mortgage." Don't be fooled.
In one foreclosure scam scenario, you - the homeowner - surrender the title to your house thinking you'll become a renter and buy the house back over a few years. For the most part, you'll lose your house and won't be able to buy it back... and the scam artists walk away with all your equity. Sometimes homeowners just sign a bunch of documents, not even realizing they've signed over ownership of the house. See our "Walk Away From Scams" page for more details.
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| 12. |
What is a Deed in Lieu of foreclosure?
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| A. |
Please click here for a Deed in Lieu of foreclosure FAQ.
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