The Foreclosure Process In Maryland

in this video we will explain the
foreclosure process beginning with
defining essential terms you'll need to
know we'll then divide the Foreclosure
timeline into two segments what happens
before your lender starts a court case
and what occurs after the court process
begins we'll also cover the forclosure
sale and provide useful resources and
checklists foreclosure is complex so
seek help early this video focuses on
residential property let's start by
defining the participants you may be
called the homeowner mortgager or
granter The Entity holding your mortgage
is the lender and the serer manages your
payments The Substitute trustee often a
law firm handles the sale and other
foreclosure matters key terms include
one default your loan is in default if a
payment is overdue two foreclosure the
legal process allowing A lender to sell
your home three notice of intent to
foreclose the lender's first formal
notice before filing foreclosure papers
with the court four loss mitigation
methods to avoid foreclosure including
loan modifications short sales and other
options if order to docket the document
filed by the lender to start the court
forclosure process which must be sent to
you now let's outline a typical
foreclosure timeline if you default by
missing a mortgage payment your lender
May initiate the foreclosure process the
first indication is a notice of intent
to foreclose which includes a loss
mitigation application complete and
return this application promptly keeping
a copy for your records this application
provides Financial details to help the
lender decide if you qualify for
alternatives to foreclosure if eligible
for loss mitigation the lender will
discuss options like cash for keys or a
short sale there's no guarantee of
approval but submitting the application
is essential the lender must also
provide information about housing
counselors from Maryland hope who can
assist with your application if the
lender files an order to dock it they
must include a preliminary or final loss
mitigation affidavit a preliminary
affidavit means the lender hasn't
completed a loss mitigation analysis a
final one explains why you aren't
eligible you'll also receive information
on requesting mediation foreclosure
mediation costing $50 fee waivers
available involves discussing options
with your lender and a mediator if
mediation fails the lender can schedule
a foreclosure sale steps to take before
the court process include one receiving
and responding to the notice of intent
to foreclose two completing and
submitting the loss mitigation
application um contacting housing
counselors and Maryland hope if the
court process begins review steps like
one receiving the order to dock it and
responding promptly two requesting
mediation and preparing for the session
three watching related informational
videos for guidance post forclosure sale
steps include one receiving notice of
the sale and ensuring it was conducted
properly two considering legal advice
for filing exceptions to the sale three
preparing for potential eviction
Maryland hope offered offers free
foreclosure prevention help including
housing counseling and legal aid be
proactive and seek assistance from these
resources the home affordability
modification program Hamp is a federal
initiative providing loan modification
support with free expert advice
available by phone to summarize one
foreclosure starts with a default and
progresses to a notice of intent to
foreclose and an order to dock it two
you can request mediation to explore
Alternatives three if the sale proceeds
you can file exceptions within 30 days
four following Court approval of the
sale the new owner May request eviction
if facing foreclosure seek help
immediately for other options such as
selling your house leasing your house
with the option to purchase letting
someone else take over your mortgage and
other options contact Maryland house
pros at maryand house pros.com

 

The Foreclosure Process In Maryland | MarylandHousePros.com

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Unlock the Power of an Omnipresent Facebook Ad Strategy for Your Real Estate Wholesaling Business

 As a real estate wholesaler, standing out in a crowded market is crucial to your success. One powerful way to achieve this is by implementing an omnipresent Facebook ad strategy that builds trust, brand awareness, and drives consistent results over time.

The Key Elements of an Effective Omnipresent Facebook Ad Strategy

The foundation of an omnipresent Facebook ad strategy for real estate wholesaling lies in creating a diverse mix of ad content that resonates with your target audience. By strategically combining different ad types, you can gradually nurture leads and position your business as the go-to solution in your local market.

Campaign Level

When setting up your Facebook ad campaigns, choose an objective focused on Awareness or Reach. This will ensure your ads are optimized to maximize visibility and brand recognition. Additionally, be sure to select the "Housing" special ads category to comply with Facebook's policies.

Ad Set Level

At the ad set level, your goal should be to Maximize the reach of your ads. Use your business's Facebook Page and set a modest daily budget of $1 per ad set. Avoid setting an end date, as the omnipresent nature of this strategy relies on consistent, long-term exposure.When it comes to targeting, focus on a warm audience of 50,000 to 100,000 people in your local market. If you don't have an existing warm audience, you can target individuals living in your desired geographic area. Ensure your audience size remains within this range to maintain optimal performance.For placements, use manual selection and exclude the Audience Network, concentrating your ads on feeds, stories, and reels. This targeted approach will help you reach your audience more effectively.

Ad Level

To create an omnipresent presence, duplicate your ad set 11 times, resulting in a total of 12 ad sets. Set a frequency cap of 1 impression every 6 days to avoid ad fatigue and maintain a consistent, yet unobtrusive, presence.Now, it's time to craft your 12 ads across four distinct categories:

1. Value Ads: Provide your target audience with valuable information, such as a blog post or video on real estate investing tips. This helps establish your expertise and builds trust.
2. Demonstration Ads: Showcase how your real estate wholesaling services work and the benefits you offer to potential clients. This helps educate and inform your audience.
3. Testimonial Ads: Feature past clients sharing their positive experiences working with your business. Social proof is a powerful tool in building credibility.
4. Call-to-Action Ads: Encourage viewers to take a specific action, such as learning more about your services or scheduling a free consultation. This helps drive tangible results.

By implementing this comprehensive omnipresent Facebook ad strategy, you can create a consistent, trustworthy, and engaging presence that sets your real estate wholesaling business apart from the competition. Embrace the power of this approach, and watch your leads and sales grow over time.

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