foreclosure? free Help is available
Answering Questions about the Foreclosure Process
Is there a way to minimize loss from foreclosure?
Yes! Many people are not informed about how the foreclosure process works and are not aware that there are many ways to mitigate the issue before you lose your house. By getting in contact with a Realtor, they can work directly with the bank to sell the house for you free of charge. I would be more than happy to assist.
Can the date of the foreclosure be postponed?
Yes! By working with a Realtor, they can work with the bank directly to negotiate a way to postpone the date of the foreclosure contingent on the house being listed to be sold. What people don’t know about foreclosures is that process incurs a lot of costs and expenses to the lender. Therefore, lenders are often flexible.
is there a way to make money when being foreclosed?
Yes! Though it may seem outlandish, given the current real-estate market conditions it may be easy to avoid a foreclosure while cashing the equity in your home. In the past year alone, the prices for homes in the United States increased by %13 meaning you can pay off your mortgage without foreclosure and have extra cash to save.
Does avoiding a foreclosure minimize impact to credit score?
Yes! Having a foreclosure on your financial records impacts your credit score preventing individuals from getting mortgages in the future. By avoiding the foreclosure process you can minimize this. However, it is often difficult to dispute late payments that have been incurred leading up to the filling of the foreclosure.
The stages for mitigating a foreclosure
Schedule A Free meeting
Click on the link to submit a form to help us identify the best way to assist your situation. We will meet up either remotely, or at our office to discuss your options. We are flexible with meeting times.
Derive a plan
Once we identify the details of your situation, we’ll get in contact with your mortgage lender to work with them to avoid the foreclosure. Afterward, we will see if a traditional sale or a short-sale would be appropriate.
Finalize the deal
Once we are able to finalize the details of the closing (whether it be through a traditional listing or a short-sale), your mortgage will be paid off while cashing the additional equity on your home for future investment.
Contact us
Regardless of the stage you are in during the foreclosure process, you can meet up with us to mitigate it. Please feel free to fill out this form and we will get you scheduled for a meeting as soon as possible.