I Got a Pre-Foreclosure/ Foreclosure Notice… Can I Sell My Chicago Home Before I Get Foreclosed On ?

I Got a Pre-Foreclosure/ Foreclosure Notice… Can I Sell My Chicago Home Before I Get Foreclosed On ?

 

 I Got a Pre-Foreclosure/ Foreclosure Notice... Can I Sell My Chicago Home Before I Get Foreclosed On ?

Do you have a Chicago house that is currently in foreclosure? If you’re like a lot of people, all you really want to do is free yourself from this unfortunate situation in tact… save your credit, and move on without it hurting your future. Is it possible? The short answer: of course. The long answer: it’s a little more challenging, but ordinarily you can sell your property prior to foreclosure. Commonly, the sooner you start the process, the least complicated it’ll be.

 

Selling Your Chicago House In Foreclosure – How it works

There are lots of people in Chicago who have faced foreclosure in the past few years. Banks don’t deal with foreclosures the same way they used to. Ever since the changes in the economy, their policies and procedures on foreclosures have evolved..

Remember… the bank that carries your loan does not want to see your home abandoned or auctioned. The bank stands to make the most income by helping you to avoid foreclosure by selling your property. However, dealing with the banks 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 tips & tricks that will help you.

Cooperating 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 aggravating. 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 tee. 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’ve done everything in your power… sometimes you can’t 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. Don’t be overly dramatic, but describing your situation and showing your desire to fix the issue to make it right, goes a long way.

Keep careful records of every discussion you have with the bank. Remember, nothing counts unless it is recorded. Make sure to keep track of each 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 the details of your personal situation, you may also be able to substantially decelerate the foreclosure process with enough effort. Each bank has its policies to help borrowers avoid foreclosure.

Don’t wait. Unfortunately, time is not on your side. The further behind you become on payments, the less options are available to you.

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

 

We specialize in helping at risk property owners in perilous situations like pre-foreclosure in/around Chicago and the whole state of Illinois . Glymph Properties helps homeowners get out ofvery difficult situations and avoid foreclosure. In certain circumstances Glymph properties can make a deal directly with the bank to reduce the amount you owe and (oftentimes) even help you walk away from your house with cash.

If you have to to get rid of a property near Chicago , we can help you.

We buy properties like yours from people who 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 fill out the short form over here .

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

 

We’re happy to help you find answers to your toughest questions about your Chicago 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
www.gpbuyshomes.com/sell-my-house-fast-chicago See how we buy houses fast!

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We are interested in buying properties within 50 miles of the following zip codes: 60018, 60601, 60602, 60603, 60604, 60605, 60606, 60607, 60608, 60609, 60610, 60611, 60612, 60613, 60614, 60615, 60616, 60617, 60618, 60619, 60620, 60621, 60622, 60623, 60624, 60625, 60626, 60628, 60629, 60630, 60631, 60632, 60633, 60634, 60636, 60637, 60638, 60639, 60640, 60641, 60642, 60643, 60644, 60645, 60646, 60647, 60649, 60651, 60652, 60653, 60654, 60655, 60656, 60657, 60659, 60660, 60661.

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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

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