Is Your House in Foreclosure?
Don't wait around for the bank to take your house and your equity, and destroy your credit record.
Many people facing foreclosure do nothing but sit around and wait for a miracle. We all know the odds of that happening are unlikely. But what else can you do?
Many homeowners seek advice from their attorney. And why not, attorneys are supposed to have all the answers, right? Maybe so, maybe not!
They act on their attorney’s well intentioned advice and file bankruptcy, thinking that all their problems will be solved. However, even though bankruptcy does put a hold on everything, all it really does is buy a little more time. The end result is almost always the same... the property goes to Sheriff’s Sale and in addition to losing their home, they now have a bankruptcy and a foreclosure on their credit report. If you are facing foreclosure, this is a situation you definitely want to avoid at all costs.
You owe it to yourself to do what is best for you financially. When facing foreclosure, this usually means JUST SELL THE HOUSE. Remember, you will recover from this, and you will buy another house some day. But in the short term it is important to decrease your costs down to below your income, so you can stop the financial bleeding.
In doing so, you will avoid having a foreclosure and quite possibly a bankruptcy on your credit report. You’ll be able to get on with your life and avoid having foreclosure haunt you for years to come!
If you are under water, you need to know that recent changes in Foreclosure law have made it much more likely for Banks to approve a Short Sale.
In many cases, we can buy your house, bring your payments current and possibly give you equity back out of your home. And if you have no equity, we'll refer you to our short Sale Expert.
In a foreclosure situation, time is of the essence. Call today for a confidential, no obligation consultation on how we can get you cash out of your house and save your credit from foreclosure before it is too late!
Complete our Seller Questionnaire before your foreclosure turns into your worst financial nightmare!