Avoid foreclosure – What can you do?
October 10, 2019
Let our Real Estate Investment Team Help You out of Financial Distress
If you’ve received a letter from your bank about missed mortgage payments you generally have 90 days to react to avoid foreclosure. That’s not a lot of time, especially if you don’t have the ability to get your payments caught up right away. It’s an emotional time. You may not see the light at the end of the tunnel right now, you might think there’s no way out of your current financial situation and putting the house on the market with a realtor may take too long to sell. Extensive repair work may prevent conventional lending. We can help.
If you recently lost your job, or can’t keep up with your mortgage, and the bank’s knocking down your door after you’ve missed a payment or two, don’t wait! Many people don’t know what to do, this is where we can help you avoid foreclosure! At Living Grace Properties, we, as real estate investors, can help you when you’re dealing with a pending foreclosure or a distressed property.
Get out Before it’s too Late
If you want to avoid foreclosure, the biggest mistake you can make is to pretend it doesn’t exist and try to wait it out! Don’t worry, you’re not alone here, many people don’t know what to do right away. We work with you to understand options and ask that you call us sooner than later so you have the time to make the decision that is best for you, we want to help. Obviously, for some, it can be a very emotional time. Maybe it’s a home you have fond memories with. Maybe you had intended for it to appreciate in value and make you rich. However, if you have fallen behind on your mortgage and you don’t have enough income to catch up the payments and keep up, don’t freeze and do nothing, or you’ll have the bank calling you all the time, it’s time to get out.
The sooner you get out of the bad situation, the fewer repercussions you’re going to experience. A foreclosure will sit on your credit report for 7 years, as will a short sale (they’ll tell you it’s 3 years, but from personal experience, it was 7 years). If you also file for bankruptcy, you’ll ruin your credit for 10 years. What will you do then? How will you buy your next home or find living quarters until you get back on your feet? This is why you want to avoid foreclosure. Getting out early is in your best interest when you see that there’s no easy way to catch up your past due payments.
Avoid Foreclosure, Short Sales, and Going Under
Selling your home is an option. It may not be the desired one, but it does allow you a way out while rebuilding your credit. At Living Grace Properties, we are a real estate investment company that has the capital and cash in hand, so we can buy homes quickly and help you avoid foreclosure. Don’t hesitate, call us today so we can determine what options you have. Usually, a short phone call and a few questions about the property is all it takes. Our team can make you a fair offer for your property in as little a 48 hours. We typically purchase properties from our clients who wish to avoid costly financial trouble caused by a pending foreclosure, inherited properties in probate, or homes that needed extensive repairs that they didn’t want to undertake.
If you accept our offer, we can purchase your home, rebuild your credit, and help you avoid a foreclosure! Also, we are flexible on the closing date and will devise terms to allow you the time you need to make your new living arrangements.
Regardless of the reason you’re selling, Living Grace Properties will step in and make an AS-IS offer for your home. You don’t have to hire contractors or make repairs. You don’t even have to clear out the property, we can do that too. Take what you want, and leave the rest. So, if you’re going through pre-foreclosure, a divorce, a job loss, or any other life changes, we are your solution to buy your property, quickly and start rebuilding your credit.
Benefits of Working with Us
We offer many benefits to working with our team. Some reasons to consider selling to us includes:
We’re honest and our team has years of industry experience as real estate investors. We know the market, and can determine the value of homes in your neighborhood, so we will offer the highest cash value possible for your AS-IS property.
We truly want to help, we listen, we understand, we’ve been there.
No matter what the reason is, if you need to sell your house quickly, Living Grace Properties is here for you. Contact our team today to learn more about our services, and get a FREE, NO Obligation, offer for your property!
For a free booklet on what you can do, please visit http://www.helpsonoma.com or contact us today!
707-353-1234
If you DO NOT HAVE a pending foreclosure but want to avoid foreclosure in the future, I highly recommend following these steps.
- Live on a budget
- Save 6 months of living expenses
- Pay off your mortgage faster by making extra payments as often as possible