Behind On Bank Loan Payments… Is There A Way To Sell My Baltimore, Maryland House?

Missed Several Mortgage Payments On My Baltimore Home – I Really Need Guidance!

 stop foreclosure Baltimore , Maryland

Get Your Property in Baltimore, Maryland – Sold In Minutes!

Missed several bank loan payments? Believe it or not… you can prevent foreclosure in Baltimore, Maryland even with a lot of late property payments.

When you get behind on your mortgage payments on your Baltimore house, it can feel like you are being consumed by debt.

Even in the event, you can cover your payment, catching up on a late balance can be an over-bearing challenge.

Late on a few house payments on your Baltimore, Maryland home but want to avoid foreclosure…. there are a few things you can do to prevent it. Tons of properties in Baltimore have been lost to foreclosure, but there are numerous ways to avoid it.

1. Signaling with the white flag

No one really wants to file for bankruptcy. If you’re being crushed by a load of debt, bankruptcy can be a great way to negotiate with lots of creditors at once. It’s a considerable amount of work, and it will not help you avoid your house loan. Every creditor has its own process that it follows for bankruptcies. If you’re considering bankruptcy, our advice would be to get professional help.

2. Talk to your lenders – let them know you will definitely continue paying your loan as soon as possible

This can be a good card to play, but it may come with some unseen penalties. Basically, reaffirming the loan is an additional commitment to pay. In some states where it is allowed, an affirmation can create additional liabilities if your property is auctioned.

3. MHA Program

You might be able to participate in the MHA program if your home loan qualifies. If you have a loan backed by Freddie Mac or Fannie Mae then you have to be considered for the MHA. However, if you have another lender then it’s up to their discretion whether or not they participate in the MHA program.

If your home is underwater, and you are accepted into the MHA program then your principal balance can be lowered as well as your interest rate. If you are unemployed, you might be able to get your payments temporarily suspended or reduced.

Be prepared to deal with a lot of paperwork because as I am sure you’re aware MHA is a government program. This “free” money isn’t completely free… you’ll have to pay for it with your time and energy.

4. Negotiate

Most lenders offer some level of assistance. It’s going to be tough and take a lot of work… but you may be able to get your interest rate reduced and/or temporarily reduce or temporarily stop your house loan payments.

The most common approach the lenders will take is to have you refinance, but just as an FYI, by the time you’re a few home loan payments behind you probably won’t qualify for an interest rate reduction.

You have to work diligently to negotiate with a bank. Usually, it takes lots of calls and the patience of a saint to get through the bureaucracy. Never, ever act rude. Try not to come across as anxious, but try to get as much help from anyone in a position to help as possible. Reassure the bank that you want to live in your property long term and explain your situation and provide supporting documentation.

If you are in need of a temporary fix and want to stay in your home, most lenders can be forgiving. If you only missed a couple of payments, and want to keep your property, then sometimes the lender will just add the missed mortgage payments back onto your loan. It is all about the revenue with your mortgage company. Request their help so that you can pay them what you owe. They won’t need to be reminded that they will end up doubling the money they lent you. The last thing they want to do is take your home because they would lose a load of money. If you will meet them halfway they will try to figure something out with you.

If a lender can say no to someone like you who needs their help, then realistically they have overlooked how their industry turns a profit and just need a little help remembering.

5. Sell to a local Baltimore investor

We will help if you are behind on your payments, and need to sell your Baltimore, Maryland home. In certain circumstances, we may even be able to help you stay in your property.

We work with Baltimore, Maryland homeowners to find solutions to prevent foreclosure.

Give Glymph Properties a call and we’ll see what we can do for you!


If you must get rid of a property near 21215, we can help you. We buy homes in Baltimore like yours extremely fast.

Give us a call anytime 888-509-6267 Ext 4 or pay a visit to our web site so that we can buy your Baltimore, Maryland property for cash-!

Glymph Properties is delighted to help you get answers to your most challenging questions about selling a house crazy quick in Baltimore, so please feel free to contact us at 888-509-6267 Ext 4 and chat with us anytime.

Fill out this form or give Glymph Properties a call anytime at 888-509-6267 Ext 4 for a Fast, Fair Cash Offer -See how it works

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We are interested in purchasing properties near: 21201, 21202, 21205, 21206, 21210, 21211, 21212, 21213, 21214, 21215, 21216, 21217, 21218, 21223, 21224, 21226, 21229, 21230, 21231, 21239.


Looking to find more high ROI investment properties or land… take a look at our investor website or give us a call anytime at 888-509-6267 Ext 3 Baltimore

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