I Got a Pre-Foreclosure/ Foreclosure Letter… Can I Sell My House Before I Get Foreclosed On ?

I Got a Pre-Foreclosure/ Foreclosure Letter… Can I Sell My House Before I Get Foreclosed On ?

 I Got a Pre-Foreclosure/ Foreclosure Letter... Can I Sell My House Before I Get Foreclosed On ? - sold sign

 I Got a Pre-Foreclosure/ Foreclosure Letter... Can I Sell My House Before I Get Foreclosed On ?

 

Do you have a home that is currently in foreclosure? A lot of people going through the foreclosure process want to get out from under that burdensome house and wonder if they can get rid of their house in foreclosure. The short answer: of course. The long answer: it’s a little more complicated, but generally you can get rid of your house just prior to foreclosure. Normally, the faster you start, the least complicated it’ll be.

How It Works- Selling Your House In Foreclosure

In the past few years so many individuals in have dealt with foreclosure unforseen, once in a lifetime events, so you are definitely not alone. Since the changes in the economy, a lot of banks have been changing the way that they deal with foreclosures.

Remember… the bank that carries your mortgage doesn’t 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. However, dealing with banking institutions during any part of the foreclosure process can be a huge pain. Over many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.

Working Together 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 might 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 people too. Do not be overly dramatic, but outlining your situation and demonstrating your desire to fix the issue 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 is 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.

Study all your options, including short sale, loan modifications, and then bankruptcy. Depending on what your personal situation looks like, you may be able to greatly decelerate the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Don’t wait around. Unfortunately, time is not on your side. The longer you wait, the futher behind you become, the less options are open to you.

If you’re looking to get rid of your house in foreclosure fast, check us out online and call us today.

We specialize in helping at risk home-owners in risky situations like pre-/foreclosure in/around and the whole state of . We help homeowners get out ofdifficult situations and avoid foreclosure. In certain circumstances Glymph properties can negotiate directly with the bank to reduce the amount you owe and (occasionally) even help you walk away from your house with cash.

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

We buy properties like yours from folks who really 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 or check out our website over here .

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

 

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

 

Fill out this form or give us a call anytime at for a Fair Cash Offer
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