So you’ve got that dreaded foreclosure letter? Is the bank hounding you and threatening to seize your home if you don’t pay your mortgage dues in full? The bank may not seem like a friend at this point – it doesn’t matter to them that you’ve lost your job or had huge medical bills to pay and can’t pay your bills. Remember that agreement you signed at the start? It gave the bank the right to take away your home if you failed to stay updated with your mortgage payments.
BUT this doesn’t mean you have to lose your home. Your bank may not be able to help you keep your home, but we might be able to. At FastHouseMoney.com, we can help you stop foreclosure on your Arizona home. If you’ve started thinking about the problem early enough, we can even help with avoiding foreclosure AND avoiding those horrifying penalty payments that you probably are in no position to pay.
Does it sound too good to be true? For years people facing foreclosure, poor credit scores and potential bankruptcy have had several options to keep the roof over their heads. Only, they often didn’t know about these options and had to surrender their homes.
But you are smarter than that! You are obviously here, looking for a way to save your home. And you’ve come to the right place. The key to avoiding foreclosure is to not sweep the problem under the carpet and hope things will work out. There are many ways in which our expert advisers can help you deal with the situation. Having a housing counselor guide you through the painful and high-stress process is one of the best things you can do for yourself.
How Can I Stop Foreclosure?
1. Negotiate with Your Lender
One of the earliest steps to take during foreclosure is to approach the bank and ask for a loan modification or revised payment. Of course it is completely up to the bank to help you out. In addition, you don’t get rid of the debt. You only modify it or extend it and it hangs over your head and shows in your credit scores.
2. Declare Bankruptcy
If it’s too late for negotiations, you can take the drastic step of declaring bankruptcy. This is a viable option if you want to avoid foreclosure, but it definitely is not an enviable option.
3. Short Sell Your Home
If you manage to sell your home before it is auctioned off, you get to keep the equity you have invested in the home. The best way to do so is short selling. In a short sale, you can sell your home for less than your mortgage dues. All the proceeds from your sale will go to the bank. In most cases, the bank will forgive the difference and you’ll be debt-free and back on your feet for a fresh start.
Who Will Buy My Home?
The trouble with short selling often is finding the right buyer in a short time. That is where we come in. We buy houses no matter the situation, and we help with quick closing. Your house can be sold in a matter of days. There is no complicated paperwork to fill out, no repairs to do. We will buy your home as is and help make you debt free.
There are many other ways in which it may be possible for you to bypass foreclosure and penalty payments. Whether you are in Phoenix, Scottsdale, Chandler or Glendale, you can take our advice and save your home or go debt free with minimum penalties.
Have you decided to fight foreclosure? You’ve made one of the best decisions of your life! Find out how we can help. Fill the form below for your complimentary consultation and get started on saving your home today.