Avoiding Foreclosure on my Tuscaloosa Home

Avoiding Foreclosure by Selling to a Home Investor:

Are you facing foreclosure? If so, one of the best things that you can do is sell your house to a home investor. Home investors buy houses at fair market value and then they fix up your house and oftentimes rent it out for long term tenants. Contact Act First properties to get expert assistance on avoiding foreclosure.

Can I Sell My House If It’s in Foreclosure?

Yes! Foreclosure is an opportunity to sell your home. The sooner you get in touch with a us, the better off you’ll be.

The Consequences of Foreclosure:

Some of the consequences are Eviction from your home, Damage to your credit score, Property seizure by the lender. Foreclosure often permanently damages your credit score, making it more difficult to get approved for future financing or even rent an apartment.

My bank is being difficult, and I’m behind on equity. What should I do?

 In light of your recent financial troubles, it may be a good time to consider refinancing or loan modification if this is an option. Rather than trying to work on catching up past due payments with those high fees, you should concentrate on the future and what will best serve your needs for this year. Another option is calling us and we can purchase the property from you to pay the bank with the proceeds from the sale and get them off your back.

Should I file for bankruptcy to stop the foreclosure?

The question of filing for bankruptcy is an incredibly complicated one, and there are many factors that will go into the equation to determine what’s the right answer for you. There are a lot of options when it comes to bankruptcy, so be sure to consult with professionals to go with the option that suits you best.

Tips on avoiding foreclosure:

1) Talk with your lender and find out what they’re willing to do to assist you.

2) Borrow money from a friend or relative, sell off any valuables (heirlooms, artwork), consolidate debts (even if it means lower interest rates), trim your expenses (move in with family, cut vacations), get credit counseling and bankruptcy assistance.

3) Consider mortgage assistance programs such as Home Affordable Modification Program (HAMP). Review all other foreclosure prevention alternatives before moving on to the next steps of foreclosure.

4) Review all options with housing specialist lawyers so you can go through all different paths to avoid getting foreclosed on. Seek legal help if needed for this option.

5) Just give us a call! We will come see your property and make you a no-obligation offer. We offer cash and quick closing, so you don’t have to damage your credit and lose the ability to rent an apartment. Get your cash faster with Act First Properties. Get ahead of your foreclosure today. Don’t let the stress build up. Take care of your problem today!

Want to sell your house in Tuscaloosa, AL fast?

Whether you are trying to avoid foreclosure, facing divorce, moving, upside down in your mortgage or have a lien on a property, call us to get a fair cash offer and close when you are ready to sell.