Why is that important? They had no obligation whatsoever to advise you that..
The mortgage lender must first work with borrowers who used an FHA Mortgage to buy before foreclosing on their homes
The State of Georgia often has relief programs in place to help borrowers who are upside down or at risk of losing their homes
Local housing counseling agencies will meet with homeowners who are in need of help to discuss so that owners can put into action various options to avoid foreclosure.
Yes, one of those options is a short sale and I will help protect your rights, equity and more in that endeavor, advocating for you as much as possible so that you leave the least amount of money behind. But if you are interested in saving your home with genuine foreclosure help from a former State of Georgia-trained Housing Counselor without assumptions or judgement in Metro Atlanta, I'd welcome the opportunity to speak.
Avoiding foreclosure in Georgia isn't always about selling your home, bankruptcy, nor compromising your privacy or title!
Of course, time is of the essence, so please call me at (770) 271-2156 or write me for a free confidential discussion about your specific situation. At the very least, find out what your home is worth, so that you can know how much money is at risk of loss by doing nothing. I may or may not be able to help, even if your mortgage is not insured through FHA, but will listen and share as much as possible.