There’s a good chance that the financial institution that provided the mortgage to buy your house doesn’t “hold” your mortgage anymore. Most likely, they sold it to another financial institution—or even a government enterprise like Fannie Mae or Freddie Mac. This is generally a good thing because it brings money back into the community to make more loans for other people to buy homes.

Here’s the not so good thing: Some purchasers of mortgages-like Fannie Mae and Freddie Mac--have specific guidelines for how that loan is managed throughout it’s lifetime. And one of the areas that gets a bit complicated is when the loan goes into default or is part of a short sale. In some cases, the guidelines say that if the borrower takes part in a short sale they won’t be able to stay in the home after the sale. To find out what the guidelines on your loan say, it’s necessary to do a loan look-up to see who owns the loan right now. By clicking on the button above, you’ll be able to provide us with a consent to look up your loan and find out what the rules are.

Servicers are the folks that collect your mortgage payments. They also are the ones who have to follow the rules set down by the institution that owns your loan. If you’re behind on your mortgage payments, the servicer will be the first to call and discuss a plan to fix the situation. Sometimes you can work out a loan modification, other times, not. In many cases, servicers are open to the possibility of a short sale of the property. With a TrioNext Quiet Short Sale, we not only handle all the paperwork free of charge, but we also—and this is what makes it such a Quiet Short Sale—have a pre-approved institutional buyer ready to buy the home. But in order to make the servicer aware of this solution, we need your permission to contact the servicer about your loan.

And this is very important: By allowing us to contact your servicer, you are not relinquishing any control whatsoever. If you choose to proceed with a Quiet Short Sale, your written permission will be required, in writing. But by allowing us to initiate contact, we’ll find out what new options are available to you.

Sometimes the whole situation of falling behind on your mortgage and getting calls from your lender or servicer leaves you feeling like you’ve just had enough. If you have definitely decided that you’d just prefer to move on, we can still assist you in eliminating your mortgage debt. Simply click on the button above to access a simple form that that will let us get started.

Besides arranging for a deficiency waiver, we may also be able to help identify for relocation assistance through the Home Affordable Foreclosure Alternatives (HAFA) Program and other programs.

So if you’d like to make the decision to move on, and avoid the credit and financial damage of foreclosure. Take the next step. And move on with TrioNext.

TrioNext helps resolve mortgage debt by working with your lender to coordinate a Quiet Short Sale. Then, unlike traditional short sales, TrioNext converts your unrealistic mortgage into a reasonable lease. But in order to begin, we need current information to qualify you for a lease. Trio lease requirements are similar to renting and less stringent than qualifying for a mortgage. Our application includes a review of your housing history, employment, credit, and income. There is no fee for the application, and no obligation to continue once you complete it. We use this information to provide you with an estimated monthly lease payment so you’ll have certainty about your financial future. Click above to begin the lease application.

If you’re a real estate agent and you’re uncertain how to prepare and execute a short sale, or just have too little time to work on the details, TrioNext provides a win-win for all parities. We’ll usher the Quiet Short Sale through the process for you. Your client gets a quick and Quiet Short Sale and a process that’s streamlined. You have less work to do overall, since a buyer has already been located. But you still receive listing broker commissions as you would have if you done all the work yourself.

In addition, should the client be eligible for a long term lease, compensation is also available through our leasing compensation program.

Other real estate professionals like loan officers and financial counselors can use TrioNext as a resolution resource at the appropriate point in the waterfall. For borrowers headed towards foreclosure, it’s a much less toxic way to resolve mortgage debt than foreclosure.

We ask that you contact us by clicking on the link above. Provide us with your contact information so that we can provide you with all the details of the program.