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Welcome to
CDG EXCLUSIVE, LLC
Telephone No. (877) 842-8708
Thank you for visiting our website
We are dedicated to help, educate and create the smartest solution for your difficult situation
Proud Member of the
NATIONAL ASSOCIATION OF FORECLOSURE PREVENTION PROFESSIONALS
5505 Connecticut Ave., NW #287
Washington, DC 20015-2601 www.NAFPP.org
Promoting Public Education and Ethical Foreclosure Prevention Practices
We Are The National Association of Foreclosure Prevention Professionals (NAFPP) which was formed to ensure consumer education with the financial ramifications of Foreclosure and ensure the highest possible level of ethical information.
"The National Association of Foreclosure Prevention Professionals Certified Product logo is a trademark of National Association of Foreclosure Prevention Professionals, Inc. Used with permission."
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- Are you 2 or more months behind on mortgage payments?
- Have you broken your payment plan or forbearance?
- Have you been served with foreclosure papers?
- Are you worried about having a foreclosure on your credit report for the next 7-10 years?
- Have you tried to bring your loan current without success?
- Do you feel that filing bankruptcy is your only option?
WARNING: If you are currently in mortgage distress and have missed house payment and choose to take no action to protect yourself from foreclosure, your lender has the legal right to obtain a deficiency judgment against you. They may garnish your wages, levy personal property, and attach liens to collect any sums not received at the home auction. If your mortgage is guaranteed by the VA or FHA (HUD) they will take action to protect their interest. You may also incur additional liability with I.R.S. if your home is foreclosed on.
What is Foreclosure?
When homeowners fall behind on mortgage payments, a foreclosure can occur. A foreclosure is a process in which a financial institution repossesses or sells a piece of property because of a loan default. Mortgage lenders usually consider a mortgage to be in default when the mortgage payment hasn't been made in three months. When a mortgage loan is in default, the mortgage lender can begin the foreclosure proceedings on the property. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home. There is a legal time frame, which varies from state to state, which determines how long the foreclosure process can take.
There are mainly two types of foreclosures: judicial foreclosure and non-judicial foreclosure. About a third of the states in the nation use judicial foreclosure. This type of foreclosure involves issuing a lawsuit against the homeowner. If the homeowner does not respond to the lawsuit, the mortgage lender wins the case and the home is put up for sale in an auction. A court official presides over this auction and sells the seized house to the highest bidder. The mortgage lender also puts in a bid during the auction. This bid amount can go up to the amount owed on the home loan. If no bidder surpasses the mortgage lender's bid, the mortgage lender gets the title to the home. If the bidding goes higher than mortgage lender's bid amount, then the winning bidder is issued the deed to the house.
A non-judicial foreclosure is a foreclosure that does not involve a lawsuit. The mortgage lender issues the homeowner a notice of default and a notice of its intent to sell the homeowner's property. The homeowner has a chance to stop the sale by paying the default amount owed or by coming to an agreement with the mortgage lender. This agreement may include setting up a repayment plan and being allowed the option of delayed payments for a specified amount of time. If the homeowner fails to stop the foreclosure, the house is auctioned off in the same manner as a judicial foreclosure.
A foreclosure can also occur without a sale. In a strict foreclosure, the title of the house goes directly back to the mortgage lender without the need to go through an auction.
Once the mortgage lender has the title to the house, it can sell the house through a real estate agent. Proceeds from the sale of the house would go towards paying off the default amount of the former homeowner's mortgage loan. However, if the proceeds of the sale are not enough to cover the owed amount to the mortgage company, a deficiency judgment is issued to the former homeowner. For example, if a home sells for $80,000 and the balance on the mortgage loan was $100,000, the former homeowner is still liable for the $20,000 difference (unless the former homeowner is insolvent). Deficiency judgments, as well as the foreclosure itself, could do severe damage to the homeowner's credit. In other words, a homeowner will lose his home if it is foreclosed on by the lender.
How do you stop foreclosure?
CDG Exclusive specializes in resolutions of mortgage delinquencies or home foreclosure claims on behalf of you, the homeowner. We perform a detailed financial analysis and work with you to establish your best alternatives. We review your lenders loss mitigation policies and your state's foreclosure law to make sure that we give you the best service within the context of your situation. By working with you, the homeowner, and your lender we can tailor a resolution to meet your specific criteria and financial circumstance.
How long do I have to act?
Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get an agreement worked out with your lender that you can live with. The home foreclosure process can take anywhere from a few weeks to months, depending on your state law and the method of foreclosure your lender chooses to use. There are many homeowners who did not even know that they had already lost their house! When you are ready to pick up the phone, please call us at (845) 228-1888 or send us an email at cdgexclusive@verizon.net.
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Short Sale
What is a short sale?
A short sale is a transaction where the seller's bank has lien(s) against the property for more than what the property is worth and the seller request that the bank release the lien for a sale price that would not ordinarily be enough to pay off the lien in full.
Do we have to pay you for your services?
Our fees are generally paid by the lender out of the sale proceeds making our service free of charge to you. Lenders are willing to do this because if they have to foreclose, they still would have to pay a broker to sell the property.
How does a property owner sell short
Selling short is not easy. The lender must be convinced that the value of the property is less than what is owed and that the foreclosure will only take more time and yield less than the short sale. That is where our team of professionals come in to help prove that point.
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Testimonials
Our house was going to be sold at the Court Steps in two weeks before we met Charlie and Julie and with their hardwork and dedication to help us they were able to postpone our foreclosure. Thank you Charlie and Julie! Lorenzo Z., Mahopac, NY
Finding CDG Exclusive was the best thing that happened to me since I got into my unfortunate situation. My house was going to be sold at the Court Steps when I contacted Julie and Charlie and amazingly they were able to postpone my foreclosure. I retained an attorney before I found CDG, paid thousands of dollars that I didn't have hoping that I will get out of this situation. Instead, I was advised to file Chapter 13 and ended up paying more money and my foreclosure was never resolved. I didn't realized that Julie and Charlie are my unknown "guardian angels" that lived next to me. Rich V., Carmel, NY
Charlie and Julie are certainly in the right place at the right time. Many homeowners are experiencing the nightmare of foreclosure and in need of education and encouragement. Charlie and Julie are specialist in their field and are dedicated to educate frightened homeowners as to the options available to them. They are truly committed to helping distressed homeowners prevent foreclosure and are willing to put their money on the line to prove it. I have found them to have the highest ethics and concern for friends of mine that are facing impending foreclosure. I am thankful to have their assistance in helping my friends prevent foreclosure and look forward to a long relationship with them. Diane Beall, Beall Real Estate Group, Myrtle Beach SC
It was a very scary time for us and Julie and Charlie took us by the hand and guided us through it. They were very supportive and encouraging of our position. They always kept us informed and updated to the status of what was going on. They are very honest people and did their best to get us out of our difficult situation. I'm glad that we were introduced to Julie and Charlie - Dee D., Carmel, NY
Julie and Charlie are very honest, very fair and hardworking people . . . they are great people to work with. Mike P., ERA RE Agent, Westchester, NY
Originally Posted by TristansMommy 
I feel like complete poop already about the situation.. can't help but feel like white trash when you're loosing your home.. and judgement from strangers.. and ones that are so harsh, just make you feel worse. BUT.. I know DEEP down, I'm a good honest person who simly made a mistake. And i have spend the last 8 months desperately trying to work things out with my lender..
Seel.. i was paying a 6.95% interest rate and making $3000/ month mortgage payments.. and no NOT on a LARGE home.. but a starter here onLI. I CAN afford house at a fixed rate.. just no one would give me one because i work for myself and had no real established credit history when I purchase (meaning.. i didn't have credit cards everyone!!). By the time refinancing came around it was impossible. Lost equity int he home I PUT money into and still self employed. Score was better..but now not high enough with the new bar they set back in the summer when they locked up.
But.. I'm walking away SMARTLY . . a great website is CDGexclusive.com. They are in Brewster NY but have a plethora of information and links to the NAFPP.org and you can find help in your state.
My mortgage servicer went to bat and is stilltrying to get it all sorted out.. but I stopped paying my morgage when the new adjustment took effect. Simply can't afford the new payment ANd why keep throwing money into a house i'mg oign to loose anyway especially since they are refusing to do anything like fixing hte interest rate! My "investor group " on wallsteet that owns my mortgage ar NOT bending one inch. I"m not subprime. btw. .i'm ALTA.. and there are more of usout there then there are subprime.
But.. there is a light. I will get out of this WITHOUT a foreclosure and will move OFF LI into aless expensive area. I laugh at the banks because htey will take a HUGE loss on my house.. meanwhile i was begging and pleading with them to let me stay and continue to overpay for my house. I am loosing ALOT .. like over $80K of my life savings I put into this house taht I really worked hard for..but I know that my life will be less stressed when I get out from under this mess.
Good luck
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