What Difficulties You can Face While Taking Over Someone ’s Mortgage P

1. The Benefits of Taking Over Someone’s Mortgage Payments and the Risks if it’s Not Done Legally

2. If you are facing difficulty paying your mortgage payments or can't pay your mortgage payments, you have options that are available to you other than just walking away and foreclosing on the mortgage. With early intervention, cooperation, and a well-executed plan, you can work together with a mortgage professional to find a solution to your financial difficulties. Address any mortgage payment difficulties you are having with a mortgage professional immediately. Taking action in the early stages will help to keep your best options open to resolve your mortgage payment problems and to avoid foreclosure. You can obtain an immediate solution to your mortgage payment problems with mortgage professionals who will take over your mortgage payments so you can obtain Mortgage Relief. GVC Property Solutions Inc. (GVCPS), is a Real Estate Investment Company that specializes in taking over mortgage payments in the Lower Mainland, Fraser Valley and Squamish, BC.

3. GVCPS provides you with: • monthly cash flow management solutions to an unmanageable or unwanted mortgage payments • protection of any equity you may have in the property • protection of your credit from a possible foreclosure • relief from the property itself • alternatives to bankruptcy GVCPS takes on the property and all of the mortgage liability to the lender, meaning that GVCPS is responsible for paying the funds back to the lender. In effect, GVCPS becomes a guarantor of your mortgage and your mortgage payments. Mortgage payment assumption is simply a transfer of responsibility. You, the mortgage holder hands over the responsibility of the mortgage, the mortgage payments and the property to GVCPS. When GVCPS takes over your mortgage payments, you do not have to pay any real estate fees or commissions and you do not have to lie awake at night any longer worrying about your mortgage. GVCPS has been operating for 25 years helping people obtain relief from their financial stress around real estate.

4. GVCPS knows the real estate and mortgage industry. Before GVCPS pursues taking over someone’s mortgage payments, the Company always recommends that you also explore other options that may be available to your situation that may include, a loan modification, mortgage forbearance, refinancing or a second mortgage option. Benefits of a Mortgage Professional Taking Over Your Mortgage Payments Include: 1. You receive immediate and professional cash flow management solutions to your mortgage payment problems. 2. You are no longer responsible for the mortgage or the mortgage payments. 3. Any equity you have in the property will be protected. 4. A reputable mortgage professional will not charge you any fees or real estate commissions to take over your mortgage payments and will offer free consultation to advise you of the best options that you have available in regards to your individual real estate situation that may include being able to catch up your payments and either continue to live in or hold onto the property. 5. You do not have to go through the time consuming and costly foreclosure process that will have an extremely negative impact on your credit.

5. 6. You receive immediate relief to your mortgage and property situation that benefits all parties involved. 7. You do not have to list your property with a real estate agent and pay costly real estate fees and commissions and be inconvenienced with realtor showings. Taking Over Someone’s Mortgage Payments: Can Someone Take Over My Mortgage Other Than A Mortgage Professional? Risks: 1. If the process of taking over someone’s mortgage payments is not done legally, and the individual who takes over your mortgage payments stops paying the mortgage, you, the mortgage holder will still be liable for the mortgage and mortgage payments. Anyone can take over someone’s mortgage payments and any one can pay someone’s mortgage payment but that does not make the person who is taking over someone’s mortgage payment the owner of the property or relieve the mortgage holder’s obligation to the mortgage lender. 2. Taking over someone’s mortgage payments needs to be done legally in order to protect you, the mortgage holder. If you require someone to take over your mortgage, ensure that you seek legal advice if the person taking over your mortgage payments is not a mortgage professional.

6. GVCPS takes over mortgage payments in Vancouver, BC, the Lower Mainland, Fraser Valley, North Vancouver, West Vancouver or Squamish, BC. Their Company offers a wide range of creative solutions to help relieve your financial stresses around real estate without charging fees or commissions. Contact GVCPS to discuss what solutions they can provide to your real estate situation. Their mortgage professionals provide free consultation to discuss the different options that are available to you. Mortgage professionals at GVCPS are available 7 days per week including evenings until 9:00 pm. Call 604-812-3718 or email: info@gvcps.ca You can also contact GVCPS 24 hours a day through their Confidential Form (click here).