Stop Foreclosure and Salvage Your Credit

Medical expenses, the loss of a job and other life-altering occurrences can happen to anyone, causing you to fall behind in your loan payments. If you stop paying your credit cards it hurts your credit rating, but if you stop paying your home loan the situation is even worse, because the lender can foreclose, taking ownership of your home

It doesn't matter if your goal is to stop foreclosure while you get back on your feet, to sell your house fast, or to simply prevent your credit from being destroyed,  you have options available to help you through this difficult, stressful situation.

  If you don't qualify for a plan to stay in your home, then your next best option would be to sell.  If you have enough equity you can sell and pay off your mortgage with the net proceeds.  But what happens if you owe more than you can net from a sale and you can't bring cash to closing?  In that case you can do a Short Sale.

We specialize in assisting homeowners and Realtors with Short Sales.  You are much better off to negotiate a Short Sale with your lender than to let your house go to foreclosure.  A Short Sale also is a better alternative than filing bankruptcy, if your reason for filing bankruptcy is to get out from under the house debt.

 

If you think a Short Sale might be the solution for you, simply explore the tabs on the left of this page to see how we can help you stop a foreclosure.

 

More Questions?

Call us at (502) 639-9628 or click here to contact us .  We look forward to hearing from you!