I Got A Foreclosure Notice- What Are My Options In ,- Can I Get rid of It ?

 

I Got A Foreclosure Notice- What Are My Options In ,- Can I Get rid of It ?

 

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

Are you in the unfortunate situation of having a home in foreclosure? Most people going through the foreclosure process want to get out from under that challenging house and think about if they can sell their house in foreclosure. The short answer: of course. The long answer: it’s a little more complex, but typically you can sell your house before foreclosure. Normally, the earlier you start the process, the better.

Selling Your House In Foreclosure – How it works

There are a lot of people in who have experienced foreclosure in the past few years. Banks don’t deal with foreclosures the same way they used to. Since the changes in the economy, their pespective on foreclosures have transformed..

Banks are in business to lend money, make mortgages, and trade in notes/mortgages, not in property management. Abandoned, auctioned, and vacant homes are not what they want. The bank stands to make the most income by helping you to avoid foreclosure by selling your property. Dealing with banking institutions is like dealing with the “Uncle Sam”. 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. We’ve learned a few tips over the years of dealing with banks that will help you stop your foreclosure.

Handling Banks During The Foreclosure Process

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

Don’t miss deadlines. Catastrophes happen right. The world stops spinning and although you may have 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 explaining your situation and demonstrating your desire to fix the problem to make it right, goes a long way.

Start keeping careful records of every conversation you have with the bank. Remember, nothing counts unless it’s in writing. 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.

Examine all your options, including short sale, loan modifications, and even bankruptcy. Depending on the details of your personal situation, chances are you may be able to drastically decrease the pace of the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Don’t dilly dally. Unfortunately, time is of the essesnce. The further behind you become on payments, the less options are available to you.

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

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

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

We buy properties like yours from folks who really need to liquidate fast.

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

 

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

 

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