Need help to stop foreclosure on my home. need to sell quickly?
Question:
Answer:
Sharks swarming 101!
Anybody will buy your house for half the market value.
Contact an agent about selling at quick sale prices. Offer 2% listing agent, 3% buyers agent. Even a quick sale price should get you at least 80% of value. Yes, that will cost you 5%. But you'll come out with 75% of value, net instead of 50. If your loan balance is anywhere under 75% of the value, this puts more money in your pocket. If your loan balance is more than that, it means you'll owe less in taxes when the lender hits you with a 1099. Not to mention that trying to sell a short payoff without a good agent is an exercise in futility.
what state are you in?
Call a realtor. She can route you to a buyer. Do that rather than getting involve in the "we buy ugly houses" people. You may get ripped off.
Check the phone for those ads in the yellow pages that say buy your home in 1 or 2 days. You might get lucky and get the price you want if the house is in good condition. Have you tried to refinance?
File chapter 13. That will hold things off and restructure you debt. Even Realtors are like sharks swarming around a drowning person when it come to foreclosed homes.
Try here. You didn't say what state.
http://www.workworld.org/wwwebhelp/regio...
A mortgage takes months to foreclose on, and banks don't want to be in the real estate business nor do they want to spend legal fees to get a property. If the property was purchased right and you weren't into one of those funky 100 to 110% loans the bank will be willing to work with you and give you time to sell it. Work out a deal with the bank and if it doesn't sell according to the deal that you and the bank work out through a realtor, get the bank to agree to take the property on a deed in lieu of foreclosure.
What is the address of the property how much do you own on it and how much time do we have. I could have an answer in 24 hours. send me a message to banconeroman2@yahoo.com
email me with where the house is, and what do you owe, taxes yearly on the home. How far behind you are ?
and how big the home is and what it has as far as features my email is below thanks
rnj305@peoplepc.com
Hello...Regarding preventing Forclosure on your home..After looking over my Mortgage Payment Coupon one day..I, to my surprise saw a telephone number that I could call if wanted my Mortgage Company to take possession of my home for what was owed on it. Check with your Mortgage Company to see if they offer this option to you. Also...another possiblitly is to see if your Mortgage Company offers Extensions on your payments...which could get you caught up and current on your payments. Another possible resolution is to contact an Attorney...there are measures that can be taken to stop forclosure. I may be wrong...but it is my understanding that you have to be served by a constable when Forclosure is inevitable.In those papers that you are served with, will be a Court Date for you and a Representive from your Lender to appear in Court. My understanding is..that at the hearing, the Judge has option to grant the process of Foreclosure to the Lender, or if the Borrower had extenuating Cercumstances which caused Financial Hardship on the Borrower, he could then Grant the Borrower an opportunity to get caught up on his payments without the threat of Foreclosure. If all else fails.filing Bankruptcy will stop Forclosure...but I don't know if there is a deadling to file if your at risk for Foreclosure. One other idea is to check with a Non Profit Consumer Counseling Agency...They can sometimes negotiate with Lenders to reduce the payment amount and help you get back on track. Even if you don't want the house anymore...it would be better to take an alternate route other than have a Foreclosure on your Credit. Lenders will seriously frown on that for SEVEN(7) years, and if you are approved on a future Loan of anykind...you will pay out the nose in high interest rates. Good Luck to you.I hope some of this information might help in some way.
go to a real estate agent have them do a comp of other houses similar then hope your note and what is a fair price has a difference, though if that was the case that you had more equity then the note you could do a refi until you sell, just hope you can sell the house of the value of the note
currently it's a buyer's market but their are buyers for right price
,I had pass for this situation before I know how it feels...
I am a real estate agent I can help you I have a program for you
I am sure that can help you. you don't need to ruin your credit or loose your home
our program will buy your home and will rent it to you whit an option to buy it back again on a year send me an email I will try to help you not to take advantage of your situation
Hi,
I buy property in despair. I don't see myself as a shark because I get paid to help out people like you and the lenders love me because they don't have to foreclose.
That said, your best bet is to contact your lender to see if they can refinance you, accept partial payments or to hold off on collecting payments all together until you can bounce back from whatever is keeping you from making your payments.
If that fails, look for an investor or agent who is well educated in short sales. If you're in Southern California, contact me and I will help you out.
Regards
5 Ways to Avoid Foreclosure
By: Lucy Landley
This article should help!
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