Meet Our Founder
Ms. Nabiha Khan is a Senior Loss Mitigation Specialist, who holds vast knowledge of how the big banks work, especially with defaulted mortgages. With her passion and commitment to make a positive difference in other’s lives, she obtained her education in Honors B.A. Pre-law while majoring in Law & Politics and began her work experience with one goal in mind, to assist homeowners who are not able to retain expensive lawyers or fully understand the legal system.
With over 15 years of experience in assisting homeowners in foreclosure prevention plans, including loan modifications, reinstatement of mortgages, processing and negotiating Short Sales, Ms. Khan has been referred to as “…one of the best Short Sale negotiators around,” by Eric Gasper, Vice President, Madison Mortgage Services, Inc.
She is also a N.Y. Department of State Certified Instructor and a Licensed Real Estate Salesperson (License #40KH1170829).
Ms. Khan’s years of extensive work experience with all major lenders, law firms, brokerages, investors and hundreds of property owners who faced foreclosure, she not only understands the process of a Short Sale but also has successfully brought numerous deals to closings. She is a true supporter of educating homeowners who require guidance and reassurance during the foreclosure process. It is her intended mission to allow homeowners to feel confident and well aware of the process, prior to entering a Short Sale.
Alternate Options Inc, (AOI) was founded by Ms. Khan in the year 2019 and is now available to anyone nationally.
It is our founder’s belief that AOI’s permanent ‘No Cost’ consultations are an important reassurance for homeowners facing foreclosure proceedings. Our free consultation also helps prevent homeowners from being misled by individuals and firms who are not licensed and/or will misinform individuals regarding the loss mitigation process.
With the founder’s background in an Honors- B.A. degree in Pre-Law, and A.A.S. degree in Business Management along with an extensive years of work in the real estate industry, it is our company’s goal to process and negotiate every Short Sale in a timely manner to avoid foreclosure.
To achieve this goal, AOI offers to prepare Contracts of Sale, review Title and generate final HUD-1 Statement for every Short Sale in an effort to obtain Short Sale bank approval in up to 90 days.* These guaranteed services are respected and highly valued by many lawyers representing sellers in a Short Sale and saves hours of a file review time on their their end. **
In every Short Sale, AOI is always the liaison between banks, homeowners, real estate brokers and title companies to help speed up the process and bring deals to a closing in the time guaranteed.
While being a senior loss mitigation specialist for many years, Ms. Khan is also a licensed real estate agent and, over the years, has gained the in-depth knowledge of conducting research of the local real estate market using various sources of statistical data, to evaluate the current market value of properties. This extra information is provided at no additional cost to real estate brokers and has proven to be beneficial in a Short Sale.
Ms. Khan’s years of experience and close relationships with all major lenders, plus her analytical nature and being extensively detail oriented, are the keys to her successful business.
She is also multi-lingual in Urdu, Punjabi and Hindi.
Ms. Khan’ work ethics, integrity and honesty have gained her the reputation of the most dedicated and hardworking loss mitigation specialist, along with her commitment to help one homeowner at a time, is what makes AOI stand out from other companies.
For any questions and concerns pertaining to pre foreclosure, Short Sales deals or initiating a Short Sale, please contact AOI for more information.
*ALL documents for a Short Sale must be submitted within 5-7 business days. No exceptions. Also, in the event there are no ‘on head’ charges & title is ‘clean’.
** ‘On head’ settlement services are conducted under supervision of a licensed N.Y. attorney and there is a separate fee charge for such negotiations. Please submit an inquiry form to request separate retainer and additional information.