Help! I am behind on my property payments in Irvine, California

Behind On My home loan, But I Seriously Need To Sell My Property.Can You Recommend Any Local Irvine Investors That Can Help Me!

 house buyers 92606


Missed several mortgage loan payments? Missed a couple of payments and need a few techniques to prevent and avoid foreclosure on your Irvine home then read this article.

Falling behind on your house mortgage is like treading water in the deep end of the swimming pool, then having someone come up behind you from the edge of the swimming pool and throwing a bag of rocks with ” Irvine foreclosure” printed on it at your head.

Seriously, not only do you have to pay this month’s bill, but now you have to find a way to play catch-up and it is not like life’s bills just stop coming. If anything, when you are behind it just feels like unexpected bills come out of the woodwork.

If you are seriously behind on home loan payments there are a few options that can help you to avoid foreclosure in Irvine, California maybe even sell your house. So many Irvine, California homes have been taken via 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 an easy way to negotiate with lots of lenders at once. It will not make your home loan disappear altogether, but it will put you on a path to eventually walk away. You are not going to come out unscathed, but you will survive. Different creditors will treat your situation in different ways. Get the best professional help you can afford if you are filing bankruptcy.


2. Reaffirm

This could be a great way to keep the “hounds at bay”, but this could come with unforeseen issues. If you reaffirm your commitment to make your bank loan payments, you have to make your payments. In some states where it is allowed, an affirmation can create additional liabilities if your property is auctioned.


3. Making property Affordable (MHA)

You might be able to participate in the MHA program if your mortgage 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.

With MHA, your bank loan payments and/or interest rates might be lowered even the principal balance (if your home is worth less than you owe). If you’re unemployed, you might be able to get your bank loan payments temporarily suspended or reduced.

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


4. Hammer out a deal with your bank

Lots of lenders routinely 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 home 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 mortgage payments behind you probably won’t qualify for an interest rate reduction.

Brutal. That’s the best word to describe the typical experience most people have when negotiating with their mortgage lender. You have to have enough patience to watch concrete dry to get through all the bureaucracy. Never, ever be rude. Try not to come across as desperate, 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 house long term and explain your situation and provide supporting documentation.

If “come hell or high water” you have no plans of leaving your house, then take solace in the fact that most banking institutions can be understanding. If you only missed a couple of payments, and want to keep your home, then sometimes the loan company will just add the missed bank loan payments back onto your loan. Your mortgage balance is nothing to them. Not even a drop in the ocean. Remind them that you need a little patience and that in the end, they will end up making a lot more cash in the long run. Taking a substantial loss isn’t on the agenda for the mortgage lenders. They don’t want to put your home into foreclosure because they know that if they put in the effort to work a deal out with you they will earn a tremendous profit in the end.

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


5. Sell to an investor

Glymph Properties will help if you are behind on your payments, and need to sell your Irvine, California property. Depending on your situation, if you’d like we may even be able to help you stay in your Irvine, California property.

Glymph Properties work with Irvine property owners to find solutions to mortgage problems.

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


If you need to get rid of property near Irvine, California, we can help you. We buy Irvine homes like yours extremely fast.

Give us a call anytime 888-509-6267 Ext 4 or fill out the form here today-!

Our company is glad to help you discover answers to your toughest questions concerning selling a house incredibly easily in Irvine, so please give us a ring at 888-509-6267 Ext 4 and chat with us at any time.Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer -See how it works

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We are interested in buying properties near: 92602, 92603, 92604, 92606, 92610, 92612, 92617, 92618, 92620, 92630, 92676, 92780, 92782.


Are you looking to find other high ROI properties to invest in… head over to our investor website or give us a call anytime at 888-509-6267 Ext 3 Irvine

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Trying to find a rent to own property… pay a visit to our rent-to-own website or give Glymph Properties a ring anytime at 888-509-6267 Ext 5 Irvine

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