Alta's business model is very straight forward. First and foremost, Alta charges absolutely nothing for its services. That is right, our service is FREE to the homeowner.
Alta assists homeowners that cannot reasonably afford to continue to make their mortgage payments, and who owe more on their homes than the current market value by:
1) Purchasing the home from the homeowner with the bank's cooperation
2) Negotiating with the bank to eliminate the homeowner's mortgage debt
3) Preventing a foreclosure and the subsequent eviction of the homeowner
4) Charging no fees of any kind for any part of this process
5) Offering the former owner assistance in moving, packing, and finding a new place to live