I just got served with foreclosure papers on my home. Is it too late to save my home? I don't want to lose it
Answer:
I am a Real Estate Investor and completely understand your situation. It's not fun. Don;t worry too much because there are investors that can help you save your credit. I checked the community guidline and it seems alright to let you know that if my company or some other company had more information on your situation you can receive help and relatively quick. Like the age and condition of the home, general location, dollar figues, etc. I guess just get back to me if you'd like and we can see what can be done. The bank will just eventually take your house if you can't get caught up and that's it. The best thing is to have someone else buy the home from YOU so you can get the most money possible and very well improve your life overall. Good luck!! I am sorry this is happening. It WILL work out.
Let it go! you will be so happy you finally did. Trust me
If you can't pay it off, sell your home immediately so that you will not be ruin for the next 10 years. It would say on your record, Bankruptcy, and you would have a hard time obtaining a job.
No, it's not too late. Contact the bank, and see what you can do to save the home. It might be possible to get an additional loan to cover the missed payments, or sell the home so you don't have a foreclosure on your record. Most banks are willing to work with you, since they lose a lot of money if the home is foreclosed. You also might want to talk with a credit counseling service, to see if they have any advice.
Hope this helps!
sounds horrible
Try selling it. You don't want it to be on your credit. Is it Lis pendens? go see a realtor for advice
No, it isn't too late. I suggest you go talk to the loan holder. You might be able to get a different loan that will extend your payments AND pay off the old one. That's what most people do. By the way, if you do NOT answer in 30 days then it IS too late.
Where do you live? The foreclosure process varies from state to state. In some states it can be as quick as 30 days while in others it can be cumbersome and take as long as 9 months. The best thing you can do is contact your lender as soon as possible and ask about workout programs or options that may be available to you. Most lenders have homeowner assistance departments designated to helping people save their homes.
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