My Boston Home Is In Pre-Foreclosure… Can I Still Sell It?

My Boston Home Is In Pre-Foreclosure… Can I Still Sell It?

 My Boston Home Is In Pre-Foreclosure... Can I Still Sell It? - sold sign

 My Boston Home Is In Pre-Foreclosure... Can I Still Sell It?

Do you have a Boston house that’s currently in foreclosure? A lot of people going through the foreclosure process want to get out from under that burdensome house and think about if they can sell their house in foreclosure. Long story short… yes. The fact is that if you’re in either pre-foreclosure or currently in the foreclosure process selling is a bit involved, but doable. In general, the earlier you start, the least complicated it’ll be.

 

Selling Your Boston House In Foreclosure – How it works

There are many people in Boston who have faced 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 the business of lending money, making mortgages, and speculating in notes not in property management. The don’t want to see your home, their investment… abandoned, auctioned, or vacant. The bank stands to make the most income by helping you to avoid foreclosure by selling your property. However, dealing with banking institutions during any part of the foreclosure process can be a huge pain. After many years of working with banks to help stop the foreclosure process, we’ve learned a few tips & tricks that will help you.

Dealing With Banks During The Foreclosure Process

Always over-communicate with the bank (but don’t be exasperating). 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 letter. 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 might 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. Do not be overly dramatic, but presenting your situation and demonstrating your desire to fix the problem to make it right, goes a long way.

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

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

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

If you need to sell your Boston house in foreclosure fast, check us out online and call us right now.

 

We specialize in helping at risk homeowners in risky situations like pre-/foreclosure surrounding Boston and the whole state of Massachusetts . We help 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 (occasionally) even help you walk away from your property with cash.

 

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

 

We buy properties like yours from folks who have to 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 check out our website over here .

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

 

We’re happy to help you find answers to your toughest questions about your Boston 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 are interested in buying houses near: 02108, 02109, 02110, 02111, 02113, 02114, 02115, 02116, 02118, 02119, 02120, 02121, 02122, 02124, 02125, 02126, 02127, 02128, 02129, 02130, 02131, 02132, 02134, 02135, 02136, 02199, 02205, 02210, 02215.

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