I’m really behind on my mortgage payments. Can I sell my Tampa house?

I Own A House In Tampa And Owe On My House Loan, But I Want To Sell!

 save me from foreclosure in Tampa , Florida


Not just paying the most recent payment, then you have to worry about playing catch-up on the mortgage payments you have missed and the fees… It can be difficult.

If you are behind on bank loan payments there are a few options that can help you to avoid foreclosure in Tampa maybe even keep your home. So many Tampa properties have been lost via foreclosure, but there are several ways to avoid it.

1. Throwing in the Towel

This is usually the last option. However, negotiating with all of your creditors at once will reduce a ton of stress. It will not make your bank loan vanish, but it will put you on a path to eventually walk away. You won’t come out unscathed, but you will survive. Every creditor has its own process that it follows for bankruptcies. If you are considering bankruptcy, our advice would be to get professional help.

2. Reaffirm

This could be a great way to keep the “hounds at bay”, but this could come with unforeseen penalties. If you reaffirm your commitment to make your home loan payments, you have to make your payments. In some states where it’s allowed, an affirmation can create additional liabilities if your property is auctioned off.

3. Making property Affordable (MHA)

You might be able to participate in the MHA program if your mortgage loan qualifies. If you have a loan backed by Freddie Mac or Fannie Mae then you have to be considered for the MHA. However, if you have another lender then it’s up to their discretion whether or not they participate in the MHA program..

With MHA, your bank loan payments and/or interest rates might be lowered even the principal balance (if your house is worth less than you owe). You might be able to get your mortgage loan payments suspended or reduced if you are unemployed.

Be prepared to deal with a lot of paperwork because as I am sure you’re aware MHA is a government program. It is not free money ‘ you gotta work for it.

4. Bargain with your bank

Call your lender. You’ll learn that nearly all of them have some sort of assistance for this very issue. It’s possible. Get your interest rate lowered. Temporarily reduce or stop your home loan payments. It’s in the realm of possibilities if you work hard and negotiate with your lender.

Most of the time, lenders will want to steer you to refinance your loan, but by the time you are a few payments behind, you probably don’t qualify for a decrease in your interest rate.

Negotiating with the bank is like running a marathon, after a marathon, after an iron man. You have to be relentlessly persistent. You have to be willing to let your pride go out the window. You’re going to have to call, call again and again and again, fax, and email. When you feel fed up and think ” they are not cooperating with me” you’re going to have to swallow It and call again. Never, ever be rude. Try not to come across as needy, but try to get as much help from anyone in a position to help as possible. Explain your situation, offer supporting documents, and reassure the lender that you want to live in your home for the long term.

If you’re in need of a temporary fix and want to keep your property, almost all lenders can be understanding. Making themselves whole. Pretty much if you have only missed a handful of payments, sometimes your loan company will just add the sum of your missed payments back onto your balance. It’s all about the cash with your mortgage provider. Request their assistance so that you can pay them what you owe. They will not need to be reminded that they’ll end up doubling the money they lent you. If they have to sell your property at a foreclosure auction, they’ll take a huge loss.

That sounds obvious, but for some reason lenders seemingly forget it when saying no to someone in need of assistance.

5. Contact a 33606 home buyer

Glymph Properties will buy your Florida house if you’re behind on your payments and need to sell your Tampa home. If you do not want to go into foreclosure but just need a little assistance, in some circumstances Glymph Properties can help you.

We work with house owners in Tampa, Florida to find solutions to prevent foreclosure.

We will let you know how we can help.


If you have to sell a property near 33606, we can help you. We buy Tampa properties like yours quickly.

Give us a call anytime 888-509-6267 Ext 4 or go to our website today- www.GPBuyshomes.com!

Our company is happy to help you find answers to your hardest questions regarding selling a house incredibly fast in Tampa, so please give us a ring at 888-509-6267 Ext 4 and chat with us anytime.

Fill out this form or give Glymph Properties a call anytime at 888-509-6267 Ext 4 for a Fast, Reasonable Cash Offer

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We buy real estate in: 33602, 33603, 33604, 33605, 33606, 33607, 33609, 33611, 33612, 33616, 33629, 33647.


Are you looking to find other extremely high ROI investment properties or land… check-out our investor website or give us a call anytime at 888-509-6267 Ext 3

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