14 Ways to Avoid Foreclosure | Dion Sloan E010

The Blueprint with Brad Rice

In this episode of Amerifund Loan Officer, join Brad and Dion as they dive deep into various strategies for helping homeowners navigate mortgage defaults and foreclosures. Direct from the Inland Empire, Dion shares insights from the AIM Fuse mortgage event, revealing the impact of Ed Milek's powerful message on community support. Discover key solutions, from loan modifications and reverse mortgages to more complex options like deed in lieu of foreclosure and bankruptcy. Dion also shares compelling success stories, offering a lifeline to those struggling to keep their homes. Don't miss this invaluable episode rich with advice and real-world examples!
00:00 Introduction to Amerifund Highlights
00:10 Meet Dion Sloan
00:44 AIM Fuse Event Insights
02:07 Understanding Mortgage Default
05:26 Foreclosure Solutions and Options
14:30 Impact of Foreclosure on Credit
14:47 Bankruptcy Options: Chapter 7 vs Chapter 13
15:52 Listing the Home to Preserve Equity
18:15 Deficient Surplus and Auction Sales
20:43 Gift of Equity and Family Transfers
21:42 Forbearance During Financial Hardship
22:31 Investor Strategies: Subject To and Cash for Keys
25:21 Success Stories and Cross Collateralization
27:51 Conclusion and Contact Information

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The Blueprint is your backstage pass to the minds of industry titans, hosted by Brad Rice: serial entrepreneur, visionary founder, and the mastermind behind multiple successful exits. As CEO of a nationwide mortgage empire Amerifund Home Loans https://www.amerifund.com, and the revolutionary real estate tech platform Homepie https://www.homepie.com, Brad is on a mission to unlock the secrets of success in business, real estate, and fitness. Each episode, Brad dives deep with thought leaders and game-changers, giving you the ultimate blueprint to fast-track your own journey to greatness. Skip the guesswork and get the insider strategies to build your dream life! Discover more at https://www.thebradrice.com and connect with Brad on social media for exclusive insights and inspiration:
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YouTube: @thebradrice
Instagram: @thebradrice
Facebook: @thebradrice
Twitter: @thebradrice
LinkedIn: /in/bradrice
Threads: @thebradrice
Snapchat: @thebradrice
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For more information or to book Brad on your podcast, email [e-mail]