If you are facing a foreclosure on your property, you need help to get out of it. Even if you’ve only missed a few mortgage payments, you could be in danger. We’ve got the tips you need to stop foreclosure fast.
First Steps to Stop Foreclosure
Don’t panic! You need to remain calm to make the right decisions. Ensure that your lender notified you by certified mail in a timely manner. If they didn’t, it’s possible to delay your foreclosure while you seek relief.
This doesn’t stop foreclosure; it just buys you a little more time to figure out what to do, which might be all you need.
Some Options to Stop Foreclosure
When you want to stop foreclosure, you need to stay in constant communication with the lender. Most of them aren’t interested in owning your home; they just want to be paid back. Sometimes, this communication leads to an agreement both of you can live with.
You might be able to get a loan modification. This includes a loan extension or re-amortization of the balance. It might even lead to a decrease in your interest payments. Loan modifications are the best route when dealing with foreclosure because you can keep the home and retain good credit standing.
The other option would be forbearance. This allows you to suspend or reduce the payments for a specified time period until you can repair your current financial situation. This might buy you some time but usually comes with some attached payments which make things difficult if you are already struggling.
Is Bankruptcy a Good Option to Stop Foreclosure?
Many people turn to bankruptcy to stop foreclosure. This legally stops the process, but it isn’t normally the best choice. Most times, it simply prolongs the inevitable and you end up losing your home anyway plus you have a tarnished credit record.
If the sale of the home doesn’t fulfill your obligations, you’ll still be responsible for the difference as well.
Selling Your House to Stop Foreclosure
Often, the best choice is to sell your home to stop foreclosure. As long as you aren’t too deep into foreclosure, you can sell it to an investor and get the cash you need. If you think that selling with a real estate agent might be your best bet, there’s something to consider. You’ll only get a quick sale if your home meets these qualifications:
- Your home needs no repairs
- Houses are selling quickly in your area
- AND, you have the time to invest in cleaning, showing and selling the house
If you and your home don’t meet ALL three of these qualifications, then selling with an agent isn’t your best path. Selling with the help of an investor allows you to ignore any repairs and end up with cash in your pocket. It’s also a fast process so that foreclosure can be stopped quickly.
Selling your home to an investor is the ideal way to stop foreclosure fast.
Why Integrity Homebuyers to Help You Stop Foreclosure?
It’s possible that you’ve already considered numerous other investors. It’s likely that they’ve offered you quick cash and you might be tempted to jump at the offer. Please be careful! Many people out there are not reputable and just want to rip you off.
You have to be able to trust the investor you work with. That’s why you should work with Integrity Homebuyers to stop foreclosure.
We’ve helped countless other people in the same situation get on with their lives and we want to help you too. This isn’t about a quick buck for us – it’s about providing a service to our community. We buy homes for cash so you can pay off those bills that are piling up. This will also help you protect your credit from any more harm.
Free yourself from the burdens that you are facing, but do it with a reliable and reputable company.
Here’s a list of reasons why we are your best solution:
- We can buy your house fast because we aren’t waiting for financing.
- Integrity Homebuyers only works with reliable professionals.
- There will be no hassle when working with us.
- We treat you with respect.
- You won’t have to make any repairs to the property.
- There will be no fees associated with the sale.
- We have an exceptional rating with the Better Business Bureau.
If you aren’t sold quite yet, be sure to read our extensive reviews from the people who’ve been in your situation.
Stop Foreclosure NOW
Don’t wait any longer to stop foreclosure. You can sell your house for cash without any further delay and get yourself out of this jam. Imagine what your life will be like without this burden looming over your head.
Our process is completely confidential, easy and quick as well. Just give us the information about your property and we’ll get back to you with a fair offer within 24 hours. If you accept what we offer, you can be out of the grips of foreclosure in as little as a few days.
We look forward to working with you!
We Buy Houses in Maryland and Washington DC
