Worried about your mortgage payment?
What is a forbearance? A forbearance is an agreement between a homeowner and their mortgage servicer (to whom they send their mortgage payments) to suspend payments for a period of time. The homeowner does not incur late fees or other penalties during the forbearance.
Additionally, mortgage terms are unchanged, and the homeowner agrees to make up the accrued interest and payments in the future. Typically, a forbearance will affect a homeowner’s credit rating, however, there are a few differences in forbearances during COVID-19 which can be found on the Fannie Mae and Freddie Mac websites.
Loan servicers have been instructed to provide mortgage relief options which include:
Bottom line: homeowners who have the ability to pay their mortgage should do so. In the event you are unable to make a future mortgage payment, please call your mortgage servicer immediately and request assistance on forbearance under the new CARES Act.
We have bought and sold 3 homes and have never been treated as professionally as with Miranda. She is knowledgeable and caring. She was always available for questions and to help us fill out forms. I would use her services again in a minute. She is by far the best realtor we have ever dealt with. She always returned our calls which was important to us. It was easy and coordinated, we will always remember that.
In all my dealings with Miranda through the Escrow experience, I find she is prepared and willing to go above and beyond with her clients in whatever crisis arises! I cannot think of anyone else I would recommend to buyers or sellers. She has also helped my husband and I find a home here in Nevada.
If you are looking to buy in the Reno area, don’t go with anyone else! The Vaulet Group helped us secure our new house with ease and a smooth process. Brent was our realtor and he couldn’t have made this transition any easier for us. He did an amazing job!! We are already recommending Brent and the Vaulet Group to our friends who are looking to buy a house! Thank you guys!
Thanks to Miranda’s guidance, my mother’s house sold the day we put it on the market. What could have been a very stressful experience for our grieving family (my mom died unexpectedly five months ago) was instead one of the easiest and most empowering experiences we’ve had taking care of her estate. We are so grateful for the expertise and professionalism Miranda brought to the table!
I met Miranda thru my daughter. She was easy to talk to and very positive about the sale. She returned my calls and answered even my silly questions. If I decide to buy another house in the future, I will call her for help. She made me feel very comfortable about selling my house. I’ve Iived in my home for over 35 years and felt anxious about selling. She is a warm and delightful person.
We were nervous first time homebuyers and were very discouraged after meeting with several realtors… until we met Miranda. Miranda was easy to communicate with, understanding of our budget and home criteria, and had knowledge and answers that made us comfortable with the process. Throughout the whole process she was extremely responsive to all my phone calls/emails/texts, which was extremely important to me. I will be recommending her to all my friends and family members who want to bu…
I am an investor and I have purchased several properties with Miranda. I never want to pay asking price I don’t even want to talk asking price I want to pay the price that I want to pay. Somehow this Group pulls miracles and gets things done. On numerous occasions she was able to find houses for me to purchase that I couldn’t find and I look everyday.
As promised I had an offer the first week of listing the home and the process was smooth and easy. BEST experience EVER!!! Miranda knows what she is doing and makes sure that she and The Vaulet Group are there every step of the way. It was not necessary for me to miss work or have to coordinate my schedule around somebody else. Miranda took care of everything. Knowing you have an agent that has your best interest at heart and is doing everything in their power to sell your home quickly…
We cannot say enough good things about Miranda. She was proactive and responsive to our needs. We found the perfect house and wanted to move quickly with our offer. She happened to be in Mexico at the time on vacation and got the offer done from her hotel. Our offer was accepted and Miranda kept us apprised as our escrow went through the process, getting us in a week early.
Miranda was such a delight to work with! She made the home buying process simple and easy. She listens to what your wants and needs are and finds a perfect match! I would recommend Miranda and her team to anyone. Our next home-buying adventure in the future will not be with anyone else!