How Can I Get Rid of My Philadelphia House If It’s In Foreclosure?

How Can I Get Rid of My Philadelphia House If It’s In Foreclosure?

 How Can I Get Rid of My Philadelphia House If It's In Foreclosure?

Are you in the unfortunate situation of having a Philadelphia home in foreclosure? If you’re like many people, all you really want to do is get out of this unfortunate situation in tact… save your credit, and move on without it hurting your future. Is it doable? The short answer: yes. The long answer: it’s a little more involved, but generally you can sell your house just before foreclosure. In general, the faster you get started, the better.

How It Works- Selling Your Philadelphia House In Foreclosure

In the past few years so many people in Philadelphia have experienced a foreclosure at no fault of their own, so you are definitely not alone. Banks don’t deal with foreclosures the same way they used to. Since the changes in the economy, their policies and procedures on foreclosures have evolved..

Banks are in business to lend money, make mortgages, and trade in notes/mortgages, not in property management. The don’t want to see your home, their investment… abandoned, auctioned, or vacant. Banks are in business to make money, not burn it… they’ll make the most amount of money by helping you avoid foreclosure by helping you sell your property. Dealing with banks is like dealing with the federal government. It’s a big, slow, and normally 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. Over 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

You never want the banks to want for information. Keep them up to date- over communicate, but don’t over do it and become irritating. Call with progress reports…. show them that you are doing everything in your power to sell your property.

Don’t miss deadlines. If anything will be late, call in advance.

Remember that bankers are people too. Don’t be overly dramatic, but outlining your situation and proving your desire to fix the issue to make it right, goes a long way.

Keep careful records of every discussion you have with the bank. Nothing counts unless it’s recorded. Make sure to keep track of every person you speak with, what they said, and any promises made.

Look into all your options, including short sale, loan modifications, and bankruptcy. Depending on what your personal situation looks like, you might be able to radically decrease the pace of the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Don’t wait. 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 sell your Philadelphia 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 around Philadelphia and the whole state of Pennsylvania . Glymph Properties helps homeowners get out ofdifficult situations and avoid foreclosure. In certain circumstances Glymph properties can negotiate directly with the bank to reduce the amount of money you owe and (sometimes) even help you walk away from your house with cash.

 

If you need to sell a property near Philadelphia , we can help you.

 

We buy properties like yours from people who need to sell 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 .

 

Sell Your Philadelphia House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your Philadelphia 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

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