Can the homeowner repurchase the home after foreclosure?
American Homeowner Preservation has been able to help families regain homes in the post-foreclosure redemption period. Also, in non-redemption States, AHP has succeeded in keeping families in their homes after foreclosure sale but before eviction proceedings are completed. In these instances, as well as in pre-foreclosure short sales, AHP will attempt to have the lender agree to discount what they are owed down to what the home would sell for as a REO. If the lender approves, an AHP investor purchases the home and provides an affordable 5-year lease and favorable 5-year option to repurchase to the now-former homeowner. Most of the benefits of the short sale are passed onto the family in order to provide the incentive to stay, pay the lease and repurchase. AHP also provides counseling to prepare the families to qualify for financing to repurchase in the 5-year period. Learn more at www.ahphelp.com.
