How to Avoid Foreclosure
Foreclosure is a stressful and daunting process that can have serious financial consequences for years to come. To avoid foreclosure, its important that you know you have options. Waiting for the “shoe to drop” is not the only one.
RealtyTrac notes (via North Carolina State University) that:
From January 2007 to December 2011 there were more than four million completed foreclosures and more than 8.2 million foreclosure starts ….
That’s a lot of foreclosures and most of them could have been avoided. Recently, due to the low oil prices, more and more homeowners are finding themselves facing difficult real estate issues. With the rise of sub-prime mortgages, dropping home values, & an increase in unemployment, the foreclosure rate has increased and more pressure has been placed on homeowners. We have options for people asking themselves “How do I sell my house in Houston to avoid foreclosure?” and how can I sell my house fast.
If you’re finding yourself facing the risk of foreclosure, you should be aware of the severe consequences. Some of the possible results of a foreclosure are: lawsuits from the bank, taxation on deficiencies, & a large drop in your credit score. These could harm your financial stability & your chances at qualifying for mortgages or credit in the future. By acting quickly you can ensure that none of these harmful financial penalties are levied against you.
How Do I Stop Foreclosure?
In order to avoid or stop foreclosure in Houston, there is the option to sell your home to a professional home buyer like me, Rich Nickel. Pursuing this option before you have negative equity and are up upside down on your mortgage. This could help you avoid foreclosure issues. Additionally, some lenders are willing to stop foreclosure & give you time to sell. Waiting is not an option, you have to act fast to effectively stop foreclosure in Houston or Texas.
I specialize in distressed properties and foreclosures and can expedite the purchase process to help you avoid foreclosure before it is too late. In most cases, I will extend you an offer on your home within 24 hours. I’m well versed in difficult real estate issues & can help you avoid or stop foreclosure in the greater Houston area while you still have the chance to protect your credit. Also, rest assured that I am dedicated to providing ethical services and will offer you a fair price. Whether it is distressed, in disrepair, or not.
I want to reduce your financial & potential foreclosure stress. If you’re looking to avoid or stop foreclosure in Houston, contact me so I can provide you solutions.