The Truth about Foreclosure
The foreclosure process is costly; for the lender, for the homeowner and stressful for all involved but more so for the owner. Are you behind on your payments? On the Brink of Foreclosure? Our first advice is to contact the lender ASAP, find out what they can and cannot do and work from there.
When you have inherited a home on the brink of foreclosure or find yourself with a personal residence in this type of situation, you should contact the lender as soon as possible and try to work out a solution quickly. Do not delay in this type of situation. Most lenders would like to avoid the legal process of foreclosure. It is a time-consuming and very costly process for them (and ultimately for you). Often times, a lender may agree to a short sale, even be willing to sell the note to an investor or an investor may be willing to simply take over the note but they MUST be contacted and the earlier the better. These are common methods used to stop foreclosure San Antonio and other cities around the country. If this is the case with a property you recently inherited or occupy, do not wait, this without exception in our experience simply makes matters worse.
Can I Stop Foreclosure In San Antonio?
There are nearly 2,000 homes in San Antonio that are in some stage of the foreclosure process. Is yours one of them? While this number may be fewer than the same number of a year ago, it is still a huge number. If you are facing the possibility of foreclosure, or you are already in the process you may be wise to sell as quickly as possible, in essence cutting your losses. It is imperative that you do not wait until the last moment. As the process moves forward, related costs from the bank stack up and late fees, penalties, legal charges, filing fees and interest build. We can buy your house fast for a fair price, usually making an offer within 24 hours of your initial call and closing within as little as one week. We can buy houses all over San Antonio and the surrounding area. When faced with looming foreclosure, it is imperative that you find a way to avoid it or risk ruining your credit for you and your family for years. As Cash Home Buyers San Antonio, iClose Homes, Inc. can help you get out of a bad situation very quickly, minimizing the negative impact on your credit and allowing you to move on, whether the underlying cause is job loss, bankruptcy, divorce, legal issues or some other situation, lets talk. Call us right now at (210) 588-9999. For more information on how to Stop Foreclosure, consider the strategies offerred here at StopForeclosureSanAntonio.Org but remember in all instances we have experienced, there is no time to waste. Contact us right now at (210) 588-9999 or check us out on the web at iCloseHomes.com.