We Buy Houses Even If You’re Behind
There is nothing pretty about potential foreclosure or the long process associated with it.
Are you facing a potential foreclosure on your Dallas home?
As soon as your lender sends you a notice of your pre-foreclosure status, you may feel overwhelmed by the stress of your unfortunate situation, and you may be frustrated that there is seemingly no solution available to you.
A foreclosure can damage your credit and strip you of any equity you have in the home.
While you may feel as though your back is against the wall, you may be able to avoid foreclosure by taking a few steps.
In this article you will learn one of the best ways to avoid foreclosure in the Dallas area.
Communicate Openly With Your Mortgage Lender
It is easy to feel as though your lender is the enemy in this situation.
After all, they are trying to take away your home.
However, your lender may be open to working with you and trying to keep you in the home.
After all, they may prefer to get your payments re-established rather than go through the courts to foreclose on the property.
Simply communicate with your lender about the current state of your finances to see if a resolution can be reached.
Understand Your Rights
When your house is in pre-foreclosure, you are facing a huge potential legal matter.
Therefore, you need to know what your rights are based on the mortgage documents you signed.
Pull your documents out of your filing cabinet, and seek legal assistance if needed.
It is also helpful to talk to a mortgage broker about your ability to use government assistance programs that are designed for homeowners who are in pre-foreclosure.
Read the fine print and make sure you are informed.
The Best Way To Avoid Foreclosure In Dallas Fort Worth
There is one other option available to consider if you want to avoid foreclosure.
You can sell your house even if you’re behind, and to a cash buyer like Cash For Houses Direct.
When you sell your home through a Dallas real estate agent, the process may take months to complete, and you do not have this amount of time available if you are in a foreclosure situation.
It can also be very costly because you have to pay make-ready costs and agent commissions. Cash For Houses Direct will buy your home even if you’re behind, and can close within seven days in most cases.
If you are interested in learning more about a cash offer you may receive, call today.