My St. Louis Property Is In Pre-Foreclosure… Can I Still Get rid of It?

My St. Louis Property Is In Pre-Foreclosure… Can I Still Get rid of It?

 

 My St. Louis Property Is In Pre-Foreclosure... Can I Still Get rid of It? - house

 My St. Louis Property Is In Pre-Foreclosure... Can I Still Get rid of It?

 

Do you have a St. Louis property that is in foreclosure right now? Lots of people going through the foreclosure process want to get out from under that challenging house and question if they can get rid of their house in foreclosure. Long story short… of course. The fact is that if you’re in either pre-foreclosure or currently in the foreclosure process selling is a bit involved, but feasible. In most cases, the faster you begin, the better.

Selling Your St. Louis House In Foreclosure – How it works

There are a lot of folks in St. Louis who have experienced a foreclosure in the past few years. Ever since the changes in the economy, a whole lot of banks have been changing 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. 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 mortgage 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.

Working With Banks During The Foreclosure Process

Always over-communicate with the bank (but don’t be annoying). 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 may 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. It’ll be tough, but try to remain calm and keep your emotions in check. Describe your situation and show your desire to come up with a solution.

Keep track of all your conversations -phone, email, and “snail-mail” correspondence with the bank. Remember, nothing counts unless it’s recorded. Make sure to keep track of each and every person you speak with, what they said, and any promises made.

Research all your options, including short sale, loan modifications, as well as bankruptcy. Depending on what your personal situation looks like, you may also be able to noticeably decelerate the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure.

Don’t wait around. Unfortunately, time is not on your side. The longer you wait, the futher behind you become, the less options are open to you.

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

We specialize in helping at risk home owners in risky situations like foreclosure in/around St. Louis and the whole state of Missouri . We help homeowners get out ofvery difficult situations and avoid foreclosure. In certain circumstances we can make a deal directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your house with cash.

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

 

We buy properties like yours from people who 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 check out our website over here .

Liquidate Your St. Louis Home Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about your St. Louis 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

Check out our articles to educate sellers!
www.gpbuyshomes.com/blog

We are interested in acquiring properties within 50 miles of the following zip codes: 63101, 63102, 63103, 63104, 63106, 63107, 63108, 63109, 63110, 63111, 63112, 63113, 63115, 63116, 63118, 63120, 63139, 63147.

 

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