If you’re facing foreclosure, you’re probably feeling stressed and overwhelmed. The sooner you reach out to us and let us help you, the more we can do to help you mitigate the damage. We have much experience dealing with foreclosures and can help you explore all your options, including a short sale.
What is a Short Sale?
A short sale is when you sell your home for an amount lower than what you still owe on your mortgage. If you’re struggling to make payments, this can be a good way to avoid foreclosure. However, it’s important to note that a short sale will still damage your credit.
How to Avoid Foreclosure
The best way to avoid foreclosure is to catch it early. If you struggle to make your mortgage payments, reach out to your lender immediately and explain the situation. Here are another four tips to avoid foreclosure:
1. Reach out to your lender as soon as you start having trouble making payments. They may be able to work with you on a forbearance or repayment plan.
2. See if you can get a loan modification. This involves changing the terms of your loan, which could lower your monthly payments.
3. Refinance your home loan. This could give you a lower interest rate and more affordable monthly payments.
4. Sell your home before it goes into foreclosure. This will allow you to repay your mortgage and avoid damaging your credit.
How Can We Help?
Our guaranteed offer program is the fastest way to sell your house before foreclosure. We will list it on the market like any of our other listings, but if we’re early enough in the process, we may sell it without going through a foreclosure auction. Our team of attorneys can also work with your lender to help postpone or even stop a foreclosure. If a short sale is necessary, we will negotiate with your bank to come up with a sales price that is below the current market value but that they will accept. And finally, if all else fails, we are an experienced investor who buys homes at auction. If your house does have to go to auction, and we have a good relationship, I can help you move on with your life.
We understand that life happens, and sometimes things beyond your control can occur, which is why we are here to help. We have much experience with foreclosures, and we know all the ins and outs. We will do everything we can to help you keep your home, or if a short sale is the best option, we will work with you to get that done. The most important thing is that you contact us as soon as possible so we can assess your situation and develop the best action plan. The sooner you reach out to us, the more we can do to help you. So please don’t hesitate to give us a call. We’re here to help!
