Foreclosure is a scary situation. You’re on the verge of losing your home, security, and having your credit destroyed. Many home owners don’t know what to do when they receive the notice on their door stating the home will be sold at auction in 30 days or less.
Don’t do what most home owners are doing and ignore the notice. This will not go away and you could be evicted. The bank needs to be contacted immediately. That’s where I can come in to help.
There are options that are available, but I have to start with a private conversation with you to find out why you’re in this situation, and then we can discuss a back up plan to foreclosure.
Bad things happen to good people, but this does not mean you are a bad person. It just means you found yourself in a difficult situation. That’s why I am here to help you explain some options that the bank will offer.
These options are:
- Repayment plan with the bank
- Loan Modification
- Short Sale
- Deed in Lieu.
These options all have pros and cons, but foreclosure is the worst of all. Foreclosure stays on your credit file a minimum of 7 years, and worse of all you lose your home, and are forced to move within two weeks or less depending on the bank.
If you find yourself in foreclosure don’t wait until you get that notice on your front door where everyone can see it. Call me today for a no obligation consultation. Call me at 949-903-3863 or email me at jerry.wingo@century21.com. Remember it’s always good to have someone in your corner helping. The banks don’t care. I do!!