Dealing with the possibility of home foreclosure can be disheartening. In the event that your house is in or near foreclosure, you may wonder why this is happening to you. It can be upsetting to realize that the property you purchased is now in danger of being foreclosed on, and you may feel upset. According to a report by CoreLogic, a great source of property data from the United States, over 43,000 homes were foreclosed on in January 2015 alone and there were over 562,500 completed foreclosures in 2014. It is true that the percentages of homes going through foreclosure has drastically decreased over the past five years, but it is still a common occurrence in our country.
Many people in a foreclosure situation make the mistake of hoping that things will turn around and decide to do nothing at all when the Notice of the Intent to Foreclose arrives. Unfortunately, inaction is the worst thing that you can do. By ignoring the situation, you will end up losing your house and damaging your credit. If your property goes through foreclosure, that foreclosure will remain on your credit report for seven years, which has also led to a resurfacing of foreclosure avoidance scams.
When things seem too good to be true, you can be sure that they are. You have to be wary of any lender or buyer that asks you to sign over your deed and says that they will pay you once your property is sold. These deceitful people often take control of your property for a short period of time, try to rent it out to make some quick money, and then let the bank foreclose on it in the end. The worst part about these scams is that the homeowner still gets stuck with the mortgage payments!
So the best way to avoid foreclosure is to find a willing party to buy the home fast, which is exactly where we come in. We will buy your at-risk or currently foreclosed house from you in days. We will make you a straight-forward, all-cash offer for your property and you will not have to dealing with and paying for a realtor, or putting the property up for sale on the open market.
- We pay any closing costs.
- Don’t worry about repairing any damage.
- Requesting a quote is quick and easy…