OWNED & OPERATED IN NEW YORK

Frequently Asked Questions

Smart Questions About Real Estate Challenges—And the Answers That Could Save You Thousands

1. What makes a discounted lender settlement better than a short sale or loan modification?

A discounted lender settlement is often the smartest move when you’re facing foreclosure with no equity. Unlike a loan modification, which may only reduce your payment while increasing your long-term debt, or a short sale that requires you to sell and walk away with nothing, a discounted settlement can eliminate your negative equity and stop foreclosure—without listing your home or moving out. It’s a faster, cleaner, and more strategic option.

2. What’s a lender audit and why should I get one?

A lender audit is a legal review conducted by our in-house law firm to identify errors, violations, or defects in the foreclosure process. These findings create powerful leverage we use to negotiate better terms with your lender. Whether you want to keep your home, reduce your loan balance, or stop foreclosure entirely, this audit is the first step toward a better outcome—and it’s completely free.

3. Can I really settle my mortgage for less than what I owe?

Yes. Our legal team has negotiated mortgage payoffs for as little as 30 cents on the dollar. These outcomes are made possible through detailed audits, deep industry experience, and direct negotiations with lenders and their attorneys. In the right situations, this means stopping foreclosure, restoring equity, and creating options to either stay in your home or walk away with cash.

4. What if I inherited a house with a reverse mortgage and there’s no equity?

Even if the numbers don’t look good on paper, you may still be able to walk away with money. Our in-house law firm negotiates discounted reverse mortgage payoffs, making it possible to sell the property and capture equity that would otherwise be lost. We can also pair the sale with one of our investment programs to further increase the value.

5. Can I keep a home with a reverse mortgage if I’m an heir?

Absolutely. Heirs often believe they have no choice but to sell—but that’s not true. We help heirs buy back properties at a discount by negotiating directly with reverse mortgage lenders. This process can restore equity and make it financially possible to keep the home in the family.

6. Is it possible to sell a house before going through probate?

Yes. In many cases, we can help heirs avoid the probate process altogether. By working with our in-house legal team and trusted title partners, we streamline the transfer or sale of the property—saving you time, legal fees, and months of delay.

7. What’s the truth about reverse mortgages—do the banks own the home?

No. That’s a common myth. When a homeowner passes away, their heirs still own the property, not the bank. We help heirs assert their rights, settle with the lender, and make decisions that protect their financial interests—whether that means selling, keeping, or buying out the home.

8. What if I want to sell but my home needs repairs?

That’s exactly what our Fix It & List It program is for. We fund the necessary repairs with no upfront cost to you. Our real estate team manages everything—from contractors to closing—and the funds are simply repaid when the home sells. You get to market the home for top dollar without spending a dime upfront.

9. How can I sell my home and still get paid twice?

Through our Max Out Homes program, we buy your home for its current market value, then invest in improvements and resell it. Once the resale is complete, you get a second payout—your share of the profit. This unique model allows you to sell once, but get paid twice.

10. What if my home has non-paying tenants or squatters?

We purchase homes with non-paying tenants or even uncooperative squatters—no eviction or inspection required. You don’t have to wait months or deal with the courts. We’ll buy the home as-is, all cash, and take on the legal responsibility ourselves.

11. Can I sell a hoarder home?

Yes. We buy hoarder homes in any condition and offer a compassionate, stress-free process. You won’t need to clean out the house or worry about inspections. We even offer flexible closing timelines and post-sale transition periods so you can move at your own pace.

12. How fast can you stop a foreclosure?

In many cases, we can stop a foreclosure in days—sometimes even hours—depending on the stage of the legal process. Thanks to our in-house legal team, we’re able to move quickly with emergency filings, lender negotiations, or court interventions that give you time and control.

13. What’s the Equity Optimization Plan?

The Equity Optimization Plan is a custom strategy designed to help homeowners or heirs resolve foreclosure while creating a path to cash out, stay in the home, or restructure their debt. We combine legal leverage, investment capital, and personalized planning to deliver the best financial outcome based on your goals.

14. Who pays your legal team?

We do. Our legal team is retained and paid by Residential Equity Partners—not by you. There are no upfront legal fees for audits, negotiations, or strategic filings. Our goal is to help you create value first, not add to your financial stress.

15. Is there any risk to trying your services?

No. Most of our services are performance-based, meaning you only move forward if the result works in your favor. There’s no cost for an audit or initial consultation, and we take on the risk so you don’t have to.

16. Can I stay in my home after selling it?

Yes. Our Grace Period Program allows you to remain in the property for an agreed-upon time after the sale, giving you space to plan your next move without pressure. We prioritize comfort and stability throughout the process.

17. How do you help during relocation?

We develop a personalized relocation plan that factors in your finances, family needs, location preferences, pets, and timing. We also connect you with trusted partners—movers, agents, lenders, and more—to ensure a smooth transition.

18. What makes Residential Equity Partners different from an agent or investor?

We’re more than buyers or brokers—we’re problem-solvers with legal power and capital resources. We create solutions where others see dead ends, combining legal strategy, funding, and transaction expertise under one roof.

19. Can I work with you if I already have an attorney or real estate agent?

Yes. We often collaborate with agents and attorneys to enhance your current plan. Whether they refer you or we join the process midstream, our job is to create more leverage and better results, not compete.

20. What’s the first step to see if I qualify?

Call or text us at 800-800-7870, or fill out a short form online. We’ll take a look at your situation and let you know exactly what options are available—no cost, no obligation, just real answers.

21. What if the property I inherited has other family members living in it who won’t leave?

We can help. Our legal team works with families to create structured exit strategies, negotiate peaceful resolutions, and — if needed — handle eviction proceedings. Our goal is to minimize stress while protecting your equity and rights.

22. I’m an heir, but I live out of state. Can I still work with you to sell or manage the property?

Yes. We work with out-of-state heirs all the time. We can coordinate everything remotely — including legal work, property access, clean-out, repairs, and closing. You don’t need to travel or manage anything on-site.

23. The house I inherited has a reverse mortgage — am I responsible for it?

You’re not personally responsible for the debt, but it must be resolved to keep or sell the property. We specialize in reverse mortgage solutions and can help you sell the home, buy out the loan, or explore creative options with the lender.

24. Can you help if the property has IRS or Medicaid liens attached?

Yes. We frequently negotiate lien reductions and coordinate settlements to clear title issues. Our legal and negotiation teams are experienced in resolving complex encumbrances, even when multiple parties are involved.

25. I want to sell the home, but it needs major repairs. Can I still get a fair offer?

Absolutely. Through our Fix & List or Max Out Homes options, we can buy as-is, pay cash, or even front the money for repairs so you can sell for top dollar and keep the upside. You’ll never be forced into a lowball offer.

26. I’m in foreclosure, but I have equity — can you help me keep the house?

Yes. If you have equity, we can often stop the foreclosure and restructure your loan, settle with your lender, or buy you time to sell properly and walk away with money in hand. We work for your best outcome — not the bank’s.

27. The home I inherited has tenants who aren’t paying. Can you help remove them?

Yes. We have legal pathways to resolve non-paying tenant and squatter situations, and we can even arrange relocation support or buyout agreements. You don’t have to handle it alone — or at all.

28. What if the property has no equity or is underwater — is there anything I can do?

Yes. Even if the property is underwater, we can often negotiate a discounted payoff or short sale directly with the lender. Our legal team works to help you walk away from the debt without further financial damage — often with no out-of-pocket cost.

29. We’re still waiting on the court to finish probate. Can we start the process now?

Yes. In many cases, we can begin preparation — and in some cases, we can even avoid full probate through legal alternatives like affidavits of heirship or expedited transfers. Let us review your situation and provide options.

30. How quickly can we close if we decide to sell?

Depending on the situation, we can close in as little as 7–14 days. We handle everything — including legal, title, clean-out, and relocation — so you don’t have to wait on banks, contractors, or courts.