The last domino is falling and I’m about to lose my Baltimore family house. I’m exceptionally behind on my payments, what can I do to prevent foreclosure?

Baltimore: The Biggest Local Baltimore, Maryland Investors To Buy Your Home In A Hurry Even When You Are Several Home Loan Payments Behind!

 Sell my house for cash 21215

I Really Need To Sell My Baltimore Home Very Quick

Missed a couple of mortgage payments? Prevent foreclosure on your Baltimore property by reading this succinct post.

Sinking. Hopeless. Inundated. Fed-up. Frustrating. That is how you feel when you have to miss a few home payments in a city like Baltimore.

Bringing your Past-Due house loan balance current can feel impossible, especially when you do not even know if you will be able to make this months home loan payment.

Skipped a few property home loan payments on your Baltimore property but want to avoid foreclosure…. there are a few things you can do to prevent it. A good deal of homes in Baltimore have been lost to foreclosure, but there are several ways to avoid it.

1. Signaling with the white flag

This is ordinarily the last option. If you are being crushed by lots of debt, bankruptcy can be a great way to negotiate with lots of creditors at once. It is a complicated process. It will put all your creditors on notice and help you to negotiate a settlement. Your house loan could be one of those. With that being said… it will leave an everlasting mark on your credit history. Different creditors will treat your situation in different ways. You’d benefit from serious professional help, the best you can afford.

2. Talk to your lenders – let them know you will definitely continue paying your loan as soon as possible

Doing so can buy you more time, but may come with more fines. Basically, reaffirming the loan is an additional commitment to pay. In some states where it’s allowed, an affirmation can create additional liabilities if your property is auctioned off.

3. Making Home Affordable (MHA)

You might be able to participate in the MHA program if your house loan 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.

The principal balance on your mortgage and even your interest rates may be lowered if you are eligible for the MHA program. If you are unemployed, you might be able to get your mortgage loan payments temporarily suspended or reduced.

Like with anything having to deal with the government MHA is a government program so there’s a ton of paperwork. It is not free money ‘ you gotta work for it.

4. Hammer out a deal

Most lenders offer some level of assistance. It’s possible. Get your interest rate lowered. Temporarily reduce or stop your bank loan payments. It’s in the realm of possibilities if you work hard and negotiate with your lender.

The most common approach the lenders will take is to have you refinance, but just as an FYI, by the time you are a few payments behind you probably won’t qualify for an interest rate reduction.

Negotiating with the bank is like running a marathon, after a marathon, after an iron man. You have to be relentlessly persistent. Your pride kind of has to go out the window. You’re going to have to call, call again and again and again, and email. When you feel fed up and think ” they are shafting me” you are going to have to swallow It and call again. Regardless of how frustrated you become never be rude. Ask for help from everyone you speak with, but do not sound distressed. 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 home because you plan on living there long term.

If this is truly a temporary situation and does not want to give up your home, most lenders will be willing to work with you. If you only missed a couple of payments, and want to keep your property, then sometimes the mortgage lender will just add the missed home loan payments back onto your loan. Your mortgage balance is practically nothing to them. Not even a drop in the ocean. Let them know that you need assistance and that at the end they’ll end up making a lot more revenue in the future. The last thing that the mortgage lenders want to do is take your house because they’d miss out on a heap of money. If you’ll meet them midway they’ll work with you.

The logic is sound and based on facts, but occasionally the bankers get caught in the emotion of the situation and overlook that. Simply put…Remind them.

5. Give up & Sell to Baltimore Investor

If you’re behind in your house loan payments and want to sell fast, we can help. Depending on your situation, if you’d like we may even be able to help you stay in your Baltimore, Maryland house.

Glymph Properties work with Maryland property owners to find solutions to prevent foreclosure.

Give Glymph Properties a call and we will see what we can do for you!


If you must sell a house near Baltimore, Maryland, we can help you. We buy Baltimore homes like yours extremely fast.

Give us a call anytime 888-509-6267 Ext 4 or head to our site today-!

We’re very happy to help you get answers to your most difficult questions about the Baltimore real estate market, so please feel free to give us a ring at 888-509-6267 Ext 4 and chat with us at any time.

Fill out this form or give Glymph Properties a call anytime at 888-509-6267 Ext 4 for a Reasonable Cash Offer -See how we buy houses fast!

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We are interested in purchasing properties near: 21201, 21202, 21205, 21206, 21210, 21211, 21212, 21213, 21214, 21215, 21216, 21217, 21218, 21223, 21224, 21226, 21229, 21230, 21231, 21239.


Are you looking to find more high ROI investment properties or land… pay a visit to our investor website or give us a ring anytime at 888-509-6267 Ext 3

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Searching for a rent to own House… head to our rent-to-own website or give Glymph Properties a call anytime at 888-509-6267 Ext 5

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