I Got a Pre-Foreclosure/ Foreclosure Letter… Can I Get Rid of My Odessa House Before I Get Foreclosed On & Ruin My Credit?

I Got a Pre-Foreclosure/ Foreclosure Letter… Can I Get Rid of My Odessa House Before I Get Foreclosed On & Ruin My Credit?

 I Got a Pre-Foreclosure/ Foreclosure Letter... Can I Get Rid of My Odessa House Before I Get Foreclosed On & Ruin My Credit?

Do you have a Odessa house that is in foreclosure right now? If you’re like almost everyone, all you really want to do is get out of this unfortunate situation in tact… salvage your credit, and move on without it hurting your future. Is it possible? Long story short… of course. The long answer: it’s a little more challenging, but generally you can sell your house just before foreclosure. Usually, the faster you begin, the least complicated it’ll be.

Selling Your Odessa House In Foreclosure – How it works

In the past few years so many people in Odessa have dealt with foreclosure unforseen, once in a lifetime events, so you are definitely not by yourself. Ever since the changes in the economy, lots of banks have been altering the way that they deal with foreclosures.

Remember… the bank that carries your loan does not want to see your home abandoned or auctioned. Banks are in business to make money, not shred it… they’ll make the most amount of money by helping you avoid foreclosure by helping you sell your property. Dealing with banking institutions is like dealing with the federal government. It’s a big, slow, and generally a hot mess. Red tape, bureaucracy, and waiting for things that could and should have been done “yesterday”. Basically…. it’s tough and trying, but doable. After many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.

Dealing With Banks During The Foreclosure Process

Always over-communicate with the bank (but don’t be exasperating). Call with progress reports…. show them that you are doing everything in your power to sell your property.

Follow their rules and instructions to the letter. One of the most common mistakes we see is missing deadlines….. DON’T MISS DEADLINES. Catastrophes happen right. The world stops spinning and although you’ve done everything in your power… sometimes you cannot make a deadline. Call in advance and let them know if you are going to miss a deadline.

Remember that bankers are just following the policies and procedures of their bank. Try not to be overly emotional, but describing your situation and showing your determination to fix the issue to make it right, goes a long way.

Keep track of all your conversations -phone, email, and “snail-mail” correspondence with the bank. Remember, nothing counts unless it’s recorded. Keep track of who, what, when, where, and if you can make sure to email conversation summaries to the party you spoke with to demonstrate your notes are accurate.

Investigate all your options, including short sale, loan modifications, as well as bankruptcy. Depending on what your personal situation looks like, you might be able to significantly decelerate the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Do not wait around. Unfortunately, time is of the essesnce. The longer you wait, the futher behind you become, the less options are open to you.

If you need to get rid of your Odessa home in foreclosure fast, check us out online and call us right now.

We specialize in helping at risk home owners in perilous situations like pre-foreclosure surrounding Odessa and the whole state of Texas . Glymph Properties helps homeowners get out ofchallenging situations and avoid foreclosure. In certain circumstances Glymph properties can make a deal directly with the bank to reduce the amount of money you owe and (occasionally) even help you walk away from your house with cash.

If you have to to get rid of a property near Odessa, we can help you.

We buy properties like yours from folks who have to to get rid of fast.

We close fast and can pay cash in as little as just 3-5 days. Give us a call now at 888-509-6267 Ext 4 or check out our website over here.

Get rid of Your Odessa Home Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your Odessa real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.

Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer

Visit our website See how we buy houses fast!

Check out our articles to educate sellers!

We buy homes in: 79761,�79762,�79763,�79764,�79766.

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Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for a Fair Cash Offer

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Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 for a Fair Cash Offer

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