Q. Why call GPG?

 

A. GPG has the homeowner's needs first. Our first goal is to always assist the homeowner in keeping their home. This can sometimes be done but at other times, it cannot. GPG will always provide honest feedback to you.

A.  You want/need to sell your house now.

A. You are looking for a fantastic real estate investment to purchase and start your fortune.

 

Q. Why not call a realtor?

 

A. Many of them are awful!  And for the ones that are very good, we have partnered with to provide you with full service.

 Drive around and look at houses being sold by realtors, how many have "price reduced" on their for sale sign?   That is because the FOR SALE price was too high to begin with.  Many realtors LIST houses, they do not sell them.  They will list the house at whatever the homeowner wants, not what is realistic.  They do not educate the seller on the realities of the market, what the price points are, what is the average time it takes to sell a house in their area and what types of seller concessions are common in that marketplace.  They just get the listing, stick a sign in the yard, and hope.  We are investors.  We make our living by buying and selling houses at a fair price and we know how to use creative techniques to get a deal done.   Very few realtors understand this, and, for those that do, we love to work with.

 

Q. I just want to buy a house for me.  I'm not an investor.

 

A. Great decision to look here.  Pay investor pricing, not retail.  Literally save thousands or hundreds of thousands of dollars.

 

 

Q. The nightly news reports that real estate values have dropped considerably, why buy now.

 

A. Because everything is on SALE!

 

 

Q. Can I still do flips in this market?

 

A. Absolutely!   But you have to buy right.  Buy low, Sell low. We have sold houses 3 days before Christmas and the day before Thanksgiving.  It the price is right, the property will move.

 

 

Q. What is a "Cash flow Property?"

 

A. After all the bills are paid; mortgage, insurance, taxes, property manager (to collect the rents), you make money each and every month. You will have someone else buying you a house!

 

 

Q. I don't want to be a landlord?

 

A. Great! Neither do I! I have people to do that. Look at the "Cash Flow" question.

 

 

Q. What areas of the country can you find a house for me?

 

A. We specialize in the New Jersey and Philadelphia,  Pa. areas.   There is a lot of great opportunity for investors and homeowners to  wonderful deals..

 

 

Q. I don't have the money to purchase an investment property.

 

A. Money is one of the easiest things to acquire. If you like the deal, the money can be there.

 

 

Q. What is foreclosure?

 

A. Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the borrower or homeowner is behind on house payments and is unable to catch up, often due to circumstances outside of his or her control. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home. There is a legal time frame, which varies from state to state, which determines how long the foreclosure process can take.

 

 

Q. How do we stop foreclosure?

 

A. Our company specializes in resolutions of mortgage delinquencies or home foreclosure claims on behalf of you, the homeowner. We perform a detailed financial analysis and work with you to determine your best alternatives. We review your lenders loss mitigation policies and your state's foreclosure law to make sure that we give you the best service within the context of your situation. By working with you and your lender we can tailor a resolution to meet your specific criteria and financial circumstance

 

 

Q. How long do I have to act?

 

A. Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a work out agreement with your lender that you can live with. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use.

 

 

Q. Should I negotiate with the lender myself?

 

A. Yes. If you are only a payment or two behind and your lender has not hired an attorney to begin foreclosure proceedings, you may be able to negotiate a workable agreement yourself. If you are successful, then you have saved yourself some funds that can be used to get caught up on your mortgage. Just remember, don't waste a lot of time on this. Time is not on your side right now. If you don't have something worked out within 1-2 weeks, then it's obvious that your lender is not serious about working things out with you directly. When you get to that point, you will be better served by professional representation that can use the formal business and legal protocols to your advantage. JPrescue can help.

 

 

Q. How long does it take for you to complete the case once we fill out all of the paperwork?

 

A. Anywhere from 2 days to several months. This depends on the stage of foreclosure you are in and your financial position. Typically it takes several weeks to complete a work out agreement and stop foreclosure proceedings.

 

 

Q. Do I have enough time to stop my foreclosure?

 

A. Up until the foreclosure sale occurs, there is still hope. If a sale date for your house has been set you need to act fast. You're best option is to take action immediately to stop foreclosure before it goes too far.

 

 

Q. Should I file for bankruptcy to save my house?

 

A. Maybe. The American Bar Association has reported that 96% of homeowners who declare bankruptcy end up losing their home to foreclosure anyway. Bankruptcy is very unlikely to help you save your home. If you declare bankruptcy you will likely end up with BOTH a bankruptcy and a foreclosure on your credit report. That being said, there certainly are times when bankruptcy is appropriate and we recommend you consult a reputable attorney should you think you need it.

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