About Royalty Negotiations:

Trusted Foreclosure Prevention

 

Royalty Negotiations LLC (OR DM #80082) is a debt and foreclosure management company serving clients in Oregon and the Pacific Northwest.  We specialize in assisting homeowners in distressed and hardship situations.  We excel in providing you, the homeowner, with solutions, guidance, and education when you are facing potential foreclosure.

 

We know that foreclosure can mean even more than the loss of your family home. There can also be negative consequences to your financial well being, such as property tax insolvency, deficiency judgments, and negative credit reporting.  As your foreclosure consultants, we will guide you through every step of the process to prevent this worst-case scenario.

 

A Few Facts About Foreclosure:

 

• The foreclosure process costs the lender money. While the actual foreclosure process itself may not be very costly, the amount of time that the lender does not receive payments, takes the property over, then tries to resell it later are also costs that they do not want to incur.  This includes taking care of the lawn, having the property insured and inspected and the possibility of theft.

 

• Lenders do not like excess inventory or foreclosures on their books.

 

• Lenders can lose a lot more money if the property goes to auction.

 

• Lenders are not in the business of selling properties they are in the business of loaning money to people who buy properties.

 

• Future mortgage loans and interest rates will be affected because the foreclosed homeowner must answer "Yes" to form 1003 Uniform Residential Loan Application question "Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?"

 

• A foreclosure affects credit scores downward 250 to 300 points, typically for over 3 years.

 

• Foreclosure stays on credit history for more than 10 years.

 

• Current and future employment may be affected as many employers now require credit checks, particularly for employees in financial or sensitive positions.

 

 

If keeping your home is your goal, we will direct you to the programs and resources that are available to help you. If you are not successful in getting an approved loan modification with your lender, we refer you to one of our specialized consultants to review your financial situation and determine if a short sale is an option.

 

If you decide to proceed with a short sale, we will consult with your Lender on your behalf  to receive:

1. a short sale settlement payoff and full mortgage debt relief; and

2. release from all deficiency and notes.

 

Even though we do not guarantee a short sale, we can proudly say that we have  helped 98% of our clients/homeowners to get an Approved Settlement Of Debt and all deficiencies waived! Take a moment to view our successful short sale closings and testimonials page!