My Lexington House Is In Pre-Foreclosure… Can I Still Get rid of It?

My Lexington House Is In Pre-Foreclosure… Can I Still Get rid of It?

 

My Lexington House Is In Pre-Foreclosure... Can I Still Get rid of It?

Are you in the unfortunate situation of having a Lexington house in foreclosure? If you’re like most of us, all you really want to do is get out of 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 truth is that if you are in either pre-foreclosure or currently in the foreclosure process selling is a bit complex, but doable. Ordinarily, the earlier you start the process, the better.

 

Selling Your Lexington House In Foreclosure – How it works

There are a lot of people in Lexington who have dealt with foreclosure in the past few years. Since the changes in the economy, quite a lot of banks have been changing 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 burn it… they’ll make the most amount of money by helping you avoid foreclosure by helping you sell your property. However, dealing with your house loan holder 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.

Handling Banks During The Foreclosure Process

You never want the banks to wish for information. Keep them up to date- over communicate, but don’t over do it and become infuriating. 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 just following the policies and procedures of their bank. Try not to be overly emotional, but outlining your situation and demonstrating your desire to fix the issue to make it right, goes a long way.

Keep careful records of every interaction 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.

Look at all your options, including short sale, loan modifications, and then bankruptcy. Depending on the details of your personal situation, you may be able to greatly lessen the pace of the foreclosure process with enough effort. With its policies and procedures designed to help homeowners avoid foreclosure every bank has its own options on how flexible they can and are willing to be.

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

If you’re looking to get rid of your Lexington home in foreclosure fast, check us out online and call us today.

 

We specialize in helping at risk homeowners in perilous situations like foreclosure around Lexington and the whole state of Kentucky . Glymph Properties helps homeowners get out ofdifficult 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 need to sell a property near Lexington, we can help you.

 

We buy properties like yours from folks who really need 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 fill out the short form over here .

Get rid of 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

www.gpbuyshomes.com/sell-my-house-fast-lexington-ky See how it works

Check out our blog!

www.gpbuyshomes.com/blog

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

 

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