Prevent Foreclosure! Avoid a foreclosure by working with a house buying company.
A foreclosure by definition is the action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments. There are many reasons you might be facing a foreclosure. Maybe you have been trying to sell your house but it is just sitting on the market and the mortgage payments never end. Or maybe, for personal reasons you just cannot afford your mortgage anymore. Whatever the reason, you might be facing some tough decisions in order to prevent a foreclosure.
One option is a short sale. A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens’ full amounts. Your lender must agree to the short sale and you then sell your home for less then your loan amount. This along with foreclosure does effect your credit.
Another option is to work with a company that buys houses to sell your house quickly and easily through a home buying investor. With this option, you can sell your house fast without using an agency or other middle man. Investors buy all sort of homes such as old homes, ugly homes, and even homes in need of a lot of repair. The company that buys homes will put you into contact with investors in your area interested in making a deal and who will pay cash for your house.
When trying to prevent foreclosure and avoid a foreclosure you should consider finding a housebuying company. The larger the company’s database of investors, the more likely you will find a deal, and the less time it will take to do so. Realestateinvest.com is the largest compilation of real estate investors in the USA and Canada so if you want to sell as quickly as possible please contact us and we will assist you in every way possible. We want you to avoid a foreclosure or short sale too! Contact us for help to stop foreclosure and avoid foreclosure today.