I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox… Can I Get Rid of My Baltimore House Before I Get Foreclosed On ?

I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox… Can I Get Rid of My Baltimore House Before I Get Foreclosed On ?

 I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox... Can I Get Rid of My Baltimore House Before I Get Foreclosed On ?

Are you in the unfortunate situation of having a Baltimore property in foreclosure? Some people going through the foreclosure process want to get out from under that burdensome house and question if they can sell their house in foreclosure. The short answer: yes. The simple fact is that if you are in either pre-foreclosure or currently in the foreclosure process selling is a bit complex, but achievable. Commonly, the quicker you get started, the least complicated it’ll be.

 

How It Works- Selling Your Baltimore House In Foreclosure

There are many people in Baltimore who have experienced a foreclosure in the past few years. Ever since the changes in the economy, lots of banks have been shifting the way that they deal with foreclosures.

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. 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. Dealing with the banks is like dealing with the “Uncle Sam”. It’s a big, slow, and just generally 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.

Cooperating 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. If anything will be late, call in advance.

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 demonstrate your willingness to fix the problem.

Start keeping careful records of every discussion you have with the bank. Remember, nothing counts unless it’s in writing. Make sure to keep track of every person you speak with, what they said, and any promises made.

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

Do not wait. 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 need to sell your Baltimore house 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 in/around Baltimore and the whole state of Maryland . We help homeowners get out ofvery difficult 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 (oftentimes) even help you walk away from your property with cash.

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

 

We buy properties like yours from folks who really need to get rid of 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 .

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

 

We’re happy to help you find answers to your toughest questions about your Baltimore 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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We buy properties in: 21201, 21202, 21205, 21206, 21210, 21211, 21212, 21213, 21214, 21215, 21216, 21217, 21218, 21223, 21224, 21226, 21229, 21230, 21231, 21239.

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