I need to sell house for cash, but I am in foreclosure and concerned about my credit rating!
This is somewhat of a tricky question. It all depends at what point of foreclosure you’re in. If the foreclosure has not yet been finalized by the bank, then there’s still time for us to buy it and help you get it off your hands. There’s nothing better than having a couple of bucks in your pocket right after a house sale and we can definitely help you get there if your foreclosure status is still pending.
However, if the bank has already finalized the deal and they now officially own your home, then there’s not much that we can do to help sell house for cash. It is unfortunately already too late and you have lost your home.
My house is at the brink of foreclosure, if you buy it now, can my credit be saved?
Yes, we can help save you from financial ruin. Home foreclosures are soaring all throughout the U.S and what you’re experiencing is very common. Many home owners are finding that they need to sell house fast South Florida to help prevent their good credit from turning bad.
We are usually able to buy your home before your final foreclosure date and help prevent a ‘foreclosure’ statement from appearing on your credit report, which is overall better for your finances. However, in the event that you are unable to get all the necessary documents to us on time, there are other methods that you can do to reduce your chances of getting bad credit, especially when you’re faced with foreclosure. This can be a great alternative to when we’re in the middle of the negotiation process.
If you’re in a tight spot between waiting for us to buy your home and the bank knocking on your door, then look for ways to where you can cut back. Every little bit counts whether it be in the form of carpooling, shopping at discount grocery stores, and eating at home instead of at a restaurant. Every little bit adds up. When you’ve cut back on thirty habits, you will be able to buy back some time and have us buy your home before foreclosure happens.
If you’re unable to cut back further and have already tighten the belt as much as you can, then the best thing you can do is be proactive and think positive. Home owners are stressed out and unhappy that they’re about to lose their home. It is all completely understandable as to what’s going on in their head – we’ve seen it time and time again.
They get angry and lash out, they become overly emotional, but most of all, they try not to think about the bad times they are going through. This is a natural defense response, but keep in mind that when you come to us, we’re here to help get you back on track. We need to have you thinking through the process and we need you to remain positive, even though it can be hard to do at this current time.
When you are constantly trying to be positive, you end up finding a lot of great alternative foreclosure methods to help extend the time and get us to come in and help you. There are a lot of laws in Dade, Broward and Palm Beach county that we have to go through and, although we’ve gotten our business down to a science, there are always obstacles that come up and this sometimes can delay the process further. If you keep your head up, think positive, it will be easier for us to help you.