I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox… Can I Sell My Lexington Home Before I Get Foreclosed On & Ruin My Credit?

I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox… Can I Sell My Lexington Home Before I Get Foreclosed On & Ruin My Credit?

 

 I Got a Pre-Foreclosure/ Foreclosure LetterIn My Mailbox... Can I Sell My Lexington Home Before I Get Foreclosed On & Ruin My Credit? - we buy any house

Do you have a Lexington home that’s currently in foreclosure? Many 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: absolutely yes. The long answer: it’s a little more tricky, but commonly you can sell your house right before foreclosure. Typically, the quicker you get started, the least complicated it’ll be.

 

Selling Your Lexington House In Foreclosure – How it works

In the past few years so many people in Lexington have experienced a foreclosure unforseen, once in a lifetime situations, so you’re definitely not by yourself. Banks don’t deal with foreclosures the same way they used to. Ever since the changes in the economy, their pespective on foreclosures have evolved..

Remember… the bank that holds your loan does not want to see your home abandoned or auctioned. 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. However, dealing with the banks during any part of the foreclosure process can be a huge pain. We’ve learned a few tricks over the years of dealing with banks that will help you stop your foreclosure.

Working Together With Banks During The Foreclosure Process

You never want the banks to wish for information. Keep them up to date- over communicate, but don’t take it to the extreme and become annoying. Call with updates and show them what you’re doing to get your property sold.

Follow their rules and instructions to the tee. One of the most common mistakes we see is missing deadlines….. DON’T MISS DEADLINES. If anything will be late, call in advance.

Remember that bankers are just doing their jobs. It’ll be tough, but try to remain calm and keep your emotions in check. Describe your situation and demonstrate your drive to come up with a solution.

Start keeping careful records of every discussion you have with the bank. Remember, nothing counts unless it is recorded. Keep track of who, what, when, where, and whenever you can make sure to email conversation summaries to the party you spoke with to demonstrate your notes are accurate.

Check out all your options, including short sale, loan modifications, in addition to bankruptcy. Depending on the details of your personal situation, perhaps you may be able to considerably lessen the pace of the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Do not delay. Unfortunately, time is of the essesnce. The further behind you become on payments, the less options are available to you.

If you need to liquidate your Lexington house in foreclosure fast, check us out online and call us today.

We specialize in helping at risk property owners in risky situations like pre-/foreclosure in/around Lexington and the whole state of Kentucky . We help homeowners get out oftough situations and avoid foreclosure. In certain circumstances we can negotiate directly with the bank to reduce the amount you owe and (at times) even help you walk away from your property with cash.

 

If you really need to liquidate a property near Lexington, 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 888-509-6267 Ext 4 or check out our website over here .

Liquidate Your Lexington House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your Lexington 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
Check Out Our Website See how it works

Free seller resources!
www.gpbuyshomes.com/blog

We are interested in acquiring houses in: 40502, 40503, 40504, 40505, 40507, 40508, 40509, 40510, 40511, 40513, 40514, 40515, 40516, 40517.

***********************************************************************************************************************

Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for a Fair Cash Offer

See how investing works with Glymph Properties

Free investor resources!
www.gpsellshomes.com/blog

***********************************************************************************************************************

Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 for a Fair Cash Offer

See Glymph Properties Rent-To-Own Properties

Free rent-to-own resources!
www.gprent2own.com/blog

, , , , , , , , , , , , , , , ,

No comments yet.

Leave a Reply