I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mail… Can I Get Rid of My Albuquerque Home Before I Get Foreclosed On & Ruin My Credit?

I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mail… Can I Get Rid of My Albuquerque Home Before I Get Foreclosed On & Ruin My Credit?


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

Do you have a Albuquerque home that is currently in foreclosure? Lots of people going through the foreclosure process want to get out from under that burdensome house and wonder if they can sell their house in foreclosure. Long story short… absolutely yes. The truth is that if you’re in either pre-foreclosure or currently in the foreclosure process selling is a bit complicated, but possible. In general, the faster you start, the least complicated it’ll be.


Getting rid of Your Albuquerque House In Foreclosure – How it works

In the past few years so many folks in Albuquerque have experienced a 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 altering the way that they deal with foreclosures.

Remember… the bank that holds your home loan doesn’t want to see your property abandoned or auctioned. The bank will make the most income by helping you to avoid foreclosure by selling your property. Dealing with the banks 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 & tricks over the years of dealing with banks that will help you stop your foreclosure.

Working Together With Banks During The Foreclosure Process

Always over-communicate with the bank (but don’t be bothersome). 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 people too. It’ll be tough, but try to remain calm and keep your emotions in check. Describe your situation and show your desire to come up with a solution.

Keep careful records of every interaction you have with the bank. Remember, nothing counts unless it is in writing. Make sure to keep track of each person you speak with, what they said, and any promises made.

Consider all your options, including short sale, loan modifications, as well as bankruptcy. Depending on what your personal situation looks like, you may be able to noticeably decelerate the foreclosure process with enough effort. With its policies and procedures designed to help homeowners avoid foreclosure each and every bank has its own options on how flexible they can and are willing to be.

Do not wait around. 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 liquidate your Albuquerque home in foreclosure fast, check us out online and call us today.

We specialize in helping at risk home-owners in perilous situations like pre-foreclosure in/around Albuquerque and the whole state of New Mexico . Glymph Properties helps homeowners get out oftough 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 property with cash.


If you really need to sell a property near Albuquerque , 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 fill out the short form over here .

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


We’re happy to help you find answers to your toughest questions about your Albuquerque real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.


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We buy properties in: 87101, 87102, 87104, 87106, 87107, 87108, 87109, 87110, 87111, 87112, 87113, 87114, 87120, 87121, 87123.



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