Many homeowners that are facing foreclosure do not realize that there is an option to stop foreclosure proceedings. There is a solution that can get a homeowner out from under a mortgage and give them a fresh start without destroying their credit.
A Common Mistake
Out of every 200 homes in the United States, one of them will go into foreclosure. Many homeowners in these situations panic and make the wrong decision. Bankruptcy seems like an easy way to stop foreclosure, but it can have very long-lasting repercussions that will directly impact your financial status for years. Foreclosure also does not guarantee that you will be able to keep your home.
A Better Option
You can stop foreclosure by selling the home. Quickly selling the home will get you out from under the mortgage and not damage your credit. You can get a full fresh start by selling your home and satisfying your mortgage.
There are options for selling your home no matter what stage you are in the foreclosure process. Selling your home to a reliable source that has experience in quick closings and buying foreclosed property can be the ideal solution.
How Does It Work?
You can sell your home no matter what shape it is in. You do not have to make repairs, deal with showings, or pay costly real estate agent commission fees. Many homeowners that are trying to stop foreclosure fear that they do not have enough time to sell using traditional channels, and they are right.
Working with an agent to sell your home can take months, sometimes longer. When you are facing foreclosure, you do not have that amount of time. A quick sale is an absolute necessity. Working with the right firm can make all the difference. You can have a cash offer in 24 hours, avoid closing costs, and choose your closing date.
If you are facing foreclosure, you do have options. Learn more about how you can sell your property fast and stop foreclosure by contacting Freedom Home Buyers today.