While the housing market is rebounding, many people in Appleton] are still struggling to make their mortgage payments.
If you’re underwater on your home or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.
Thankfully, there are a number of things that you can do to avoid foreclosure in Appleton. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.
So let’s dive in on a couple of quick tips on possibly how to avoid foreclosure in Appleton, Green Bay or Oshkosh with your home.
The Keys of How To Avoid Foreclosure in Appleton, Green Bay or Oshkosh Don’t Abandon Ship
Many people simply give up and walk away from their home. There are even areas of Appleton have begun to resemble ghost towns, as the economy has impacted residents significantly.
Detroit is a prime example of what can happen when people abandon their homes.
This can be a stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against you for the unpaid portion.
While it’s extremely stressful, you do have options:
• Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Appleton are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance or even a full loan modification.
• Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable-rate mortgage into a low-interest, fixed-rate loan. Both of these programs are subject to eligibility requirements.
We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Appleton, Green Bay and Oshkosh are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.
We may be able to help you avoid foreclosure in Appleton, Green Bay or Oshkosh… connect with us today and let’s discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you.
Give us a call anytime at (920) 350-3050 or
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5 Ways To Stop or Avoid Foreclosure In Today’s Market – FREE Guide:
Need more information on the foreclosure process and How To Stop Foreclosure? Download our FREE Stop Foreclosure Guide here. Or, you can always feel free to contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners avoid foreclosure or sell unwanted properties for cash in Appleton, Green Bay or Oshkosh.
In a typical transaction, we pay all the closing costs, we don’t have an inspection when we buy so there are no contingencies on our offers. When you sign a contract with us for a quick all-cash offer, you can consider your house sold…Guaranteed.
To ensure we are living up to our client’s high standards, we have adopted a 12-point Code of Ethics which all our team members have strict adherence too. Our 12-points are based on Transparency, Convenience, and Honesty. To see our full Code of Ethics visit our ethics page here.
Avoid All Headaches And Sell Fast
Traditionally, professional homebuyers have focused on offering “low-ball” offers to sellers who have little leverage due to mortgage problems, divorce proceedings, inherited property or tenant issues.
Selling in the traditional Appleton, Green Bay, or Oshkosh real estate market has its own shortcomings. You need to deal with agent contracts, repairs on the house to get a better offer, constantly being asked to clean and leave your house for long periods of time for showings and open houses.
These are headaches that you don’t need when you need to sell your house fast!
We have been providing win-win solutions to help homeowners in Appleton, Green Bay, and Oshkosh, get out of their sticky situations… like Foreclosure, owning a burdensome property, probate, or anything else. If you need to sell, we have a way to help.