About us
Our Purpose
At LiquidAid, we believe that the impact our investments have on society and the communities we serve is as important as the return on our investments. That’s why we focus our efforts on ensuring homeowners and borrowers are treated fairly and with compassion.
Whatever the reason is for falling behind on payments, we work with homeowners to understand their unique situation and strive to keep everyone in their homes.
Our Approach
Engage
When we buy non performing notes or a portfolio of non performing notes, we will reach out to the homeowner(s) to begin a dialogue about their current situation. Our aim is to understand the challenges they are experiencing in maintaining their financial obligations and the different options that may be available to resolve these challenges.
Educate
We work with the homeowners in our portfolio to help them understand their options. We will also recommend the best win-win scenario. There are a number of options available to distressed homeowners such as:
1. Refinancing the note – creating a new loan to pay off the old one (many times at a preferable interest rate)
2. Restructuring the note – modifying the terms of the note to make the payments more feasible for the homeowner
3. Deed in Lieu –the homeowner may provide a deed in lieu of foreclosure to the lender. This avoids a negative impact on credit history and many times allows the homeowner a chance to start again.
4. Foreclosure – this is the least desirable option as it means that we didn’t fulfill our purpose.
Empower
Once we have engaged and educated our homeowners, we make sure they have the information and ability to move forward. We help them work through the selected option and achieve the desired outcome.
Get a Free Quote
We provide top dollar and quick closing for your note – get a free, no-obligation quote here
