Need to Stop Foreclosure?
When you first bought your house, you never thought you’d be facing foreclosure. But life threw you some curve-balls that made meeting your monthly mortgage payments impossible. Even though you’ve done your best, circumstances beyond your control have kept you behind and now the bank is threatening foreclosure.
We’ve helped many people – good people in situations just like yours – to avoid foreclosure. The reasons for foreclosure are many:
- Job loss or demotion
- Death in the family
- Divorce
- Adjustable rate interest increases
- Unexpected, costly repairs
If you’ve found yourself in one of these situations, wondering how to stop foreclosure, we can help. Contact us now.
How to Avoid Foreclosure
Option: Talk to your lender to see if they can forgive some payments, change loan terms or give you more time to make payment. If your lender is willing to work with you, this might be an option.
Downside: If you are very far behind financially, this is only a temporary fix and doesn’t really solve your problem.
Option: Refinance the loan, adding back payments into the loan amount. If you can find refinancing options, this could be a way to stop foreclosure.
Downside: This will help you to avoid foreclosure for the time being, but if you don’t get a significantly lower interest rate, or add years to your mortgage, you could end up back in the same trouble.
Option: Sign a Deed in Lieu of Foreclosure, where the bank agrees to forgive the loan and stop the foreclosure.
Downside: The impact to your credit will be similar to the impact of foreclosure on your credit. If it doesn’t save your credit, is it worth it?
Option: Sell your house with a realtor.
Downside: When you’re trying to stop foreclosure, time is of the essence. Your realtor cannot guarantee your house will sell before the bank’s deadline, and you could end up paying high real estate agent commissions. When you’re already behind, can you really afford that?
Option: Sell your house to a professional real estate investor like Rosen Properties, LLC.
Downside: Even though it might sound too good to be true, there really isn’t a downside to selling your house to us when you need to stop foreclosure. We don’t charge fees or commissions like real estate agents. We don’t want to list your house - we want to buy your house - right now. You could qualify for a CASH payment and close in as little as 7-14 days, before your credit is ruined with a foreclosure.
You can get cash for your house FAST, stop foreclosure and move on with your life.
What are you waiting for? Contact us now!
