On the verge of losing my Los Angeles property. I’m extremely late on my mortgage payments what can I do to keep it?

Los Angeles: The Most Professional Local Los Angeles, California Businesses To Buy Your House Fast Even If You Are Many Payments Behind!

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Bringing your Past-Due house loan balance current can feel impossible, especially when you don’t even know if you’ll be able to make this months bank loan payment.

There are a few choices that can help you to avoid foreclosure in Los Angeles, California and maybe even keep your house, even if you are seriously behind in home loan payments. So many Los Angeles homes have been taken via foreclosure, but there are numerous ways to avoid it.


1. Throwing in the Towel

Most see bankruptcy as the absolute last option. However, negotiating with all of your creditors at once will diminish a ton of stress. It won’t make your home loan vanish entirely, but it will put you on a path to eventually walk away. You will not come out unscathed, but you will survive. Different creditors will treat your situation in different ways. Get the best professional help you can afford if you are filing bankruptcy.


2. Reaffirm

This could be a great way to keep the “hounds at bay”, but this could come with unforeseen problems. If you reaffirm your commitment to make your mortgage loan payments, you have to make your payments. If your Los Angeles, California property is auctioned off, an affirmation could cause extra responsibilities.


3. Making property Affordable (MHA)

You might be able to participate in the MHA program if your mortgage qualifies. Any loans backed by Fannie Mae or Freddie Mac must be considered for MHA, and other lenders can choose to participate in MHA or not.

With MHA, your bank loan payments and/or interest rates might be lowered even the principal balance (if your property is worth less than you owe). Suspended. Reduced. If you are unemployed this is definitely possible.

MHA is a government program, so be prepared to deal with lots of paperwork. It is not free money ‘ you gotta work for it.


4. Negotiate with your bank

Lots of lenders routinely offer some level of assistance. It’s going to be tough and take a lot of work… but you may be able to get your interest rate reduced and/or temporarily reduce or temporarily stop your bank loan payments.

If there is even the slightest chance that lenders can make money from your situation they may steer you towards refinancing. If you can afford it, and all you’re looking for is a temporary break from house loan payments then this could work. But… just be aware that ordinarily by the time that you are several payments behind you won’t qualify for a lower interest rate which is where the long term house loan savings are.

You have to work diligently to negotiate with a bank. Usually, it takes lots of calls and the patience of a saint to get through the bureaucracy. Never, ever act rude. Try not to come across as needy, but try to get as much help from anyone in a position to help as possible. do not give up. Explain your situation. Offer any supporting documents you have. Most importantly, let the bank know that you are fighting for your property because you plan on living there long term.

If this is truly a short-term situation and doesn’t want to give up your house, most lenders would be willing to work together with you. Sometimes they will be willing to add a few months of bank loan payments back onto the primary balance of your loan. Overall your loan providers will more than 2x their initial outlay, so just talk to them and they’ll want to work it out with you. The last thing that the loan providers want to do is take your property because they would lose a bunch of money. If you will meet them halfway they’ll work with you.

It sounds obvious, but for some reason, lenders appear to forget it when they say no to someone in need of assistance.


5. Sell to an investor

We will help if you’re behind on your payments, and need to sell your Los Angeles, California property. Depending on your circumstances, if you would like we may even be able to help you stay in your Los Angeles home.

We work with property owners in Los Angeles, California to find solutions to prevent foreclosure.

Give us a call and we’ll see what we can do for you!


If you need to get rid of a house near Los Angeles, we should be able to help you. We buy California houses like yours quickly.

Give us a call anytime 888-509-6267 Ext 4 or head over to our site now- www.GPBuyshomes.com!

Our company is very happy to help you find answers to your hardest questions about selling a house crazy easily in Los Angeles, California, so please give us a ring at 888-509-6267 Ext 4 and chat with us 24/7/365.

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

www.gpbuyshomes.com/sell-my-house-fast-los-angeles -See how we buy properties fast!

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We buy real estate within 25 miles of the following zip codes: 90003, 90004, 90005, 90006, 90007, 90010, 90011, 90012, 90013, 90014, 90015, 90017, 90018, 90019, 90020, 90021, 90024, 90025, 90026, 90027, 90028, 90029, 90031, 90033, 90034, 90036, 90037, 90038, 90041, 90042, 90043, 90044, 90046, 90047, 90048, 90049, 90057, 90061, 90062, 90064, 90065, 90067, 90068, 90069, 90071, 90077, 90079, 90089, 90090, 90094, 90095, 90272, 90275, 90291, 90293, 90402, 90405, 90502, 91040, 91042, 91105, 91303, 91304, 91306, 91311, 91316, 91324, 91325, 91326, 91330, 91331, 91335, 91340, 91342, 91343, 91344, 91345, 91352, 91356, 91364, 91367, 91371, 91401, 91402, 91403, 91405, 91406, 91411, 91423, 91436, 91601, 91602, 91604, 91606, 91607, 91608.


Do you need to find more high ROI investment properties or land… take a look at our investor website or give us a call anytime at 888-509-6267 Ext 3

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Looking for a rent to own house… visit our rent-to-own website or give Glymph Properties a ring anytime at 888-509-6267 Ext 5

www.gprent2own.com/rent-to-own- Los Angeles

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