Sell the Property

Homeowners with sufficient equity should list their property for sale with Imperial because we thoroughly understand the foreclosure process in our area.  We also have great relationships with the banks and lenders in our region.home_sold

  • Allows homeowner to avoid foreclosure and harvest some of their equity.
  • In many cases today, homeowners do not have sufficient equity to sell their property without negotiating a short sale (see Rent the Property).


arpIf a homeowner has sufficient equity in their property and their credit is still in good standing, they may be able to refinance their mortgage.

  • In some cases, this will lower payments.
  • In today’s market, a refinance will almost always raise mortgage payments, and is an expensive process.

Mortgage Modification

mortgage_modA mortgage modification involves the reduction of one of the following: the interest rateon the loan, the principal balance of the loan, the term of the loan, or any combination of these. These typically result in a lower payment to the homeowner and a more affordable mortgage.

  • Reduces the payment a homeowner is required to make on a monthly basis and may reduce the principal balance of the loan.
  • Requires that a homeowner ‘qualify’ for the new payment and will often require full documentation. Lender has to be actively pursuing modifications.


Foreclosures can be rough, but there is a lot you can do to avert them!

Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to our area residents for foreclosures are many. It is critical to have an expert like Imperial by your side as you work through the process. It’s as important as having a lawyer if you go to court.
Our experience and support can be invaluable to help you when help is really needed. There is no reason that you or your family need to become another government statistic. Imperial has helped many families develop creative solutions when facing foreclosures.


The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. The options available to area residents for foreclosure are many.For a brief explanation of these solutions, including their benefits and drawbacks, check out the pages to the left…together we may be able to find one or two that will work in your situation!

Mortgage ModificationRefinanceSell The PropertyRent The PropertyShort Sale
 • BankruptcyDeed in Lieu of ForeclosureService Members Plan