Foreclosure

There are few things more disheartening that losing your home to foreclosure. Unfortunately, there are thousands of people every month who are facing this exact same situation.

People default on their mortgage for a variety of reasons, in most cases it is the result of adverse circumstances. Perhaps you had been fired or had to quit your job due to a medical condition. Other situations that may lead to a foreclosure include bill obligations, divorce, Excessive debts, lack of income, serious maintenance issues with the property that you can’t afford to repair, and many other circumstances that have brought on this situation.

Being in foreclosure is stressful and you can feel lost about what’s coming next or what you can do. Mortgage payments due start to add up and you can also be charged for additional legal fees and penalties by the lender. Losing the property to foreclosure can also cause one to feel embarrassed or ashamed about the situation. The process can severely damage your credit which can result in having a hard time getting another loan for almost anything especially a home sometime in the future after your financial situation improves. It can also result in higher insurance rates or hurt your prospects of getting a job.

At Credible Homebuyers, LLC , we understand that situations like these can be really emotionally and psychologically exhausting. We are committed to helping homeowners struggling with mortgage payment or facing foreclosure to find solutions to alleviate their conditions.

So what can you do to salvage this situation or minimize the negative consequences?

Work out an alternative with your bank: It’s best to reach out to your lender and ask if there are any programs that they offer to help people in pre foreclosure.  Many times you can work out a payment agreement or there could be some public assistance programs that could help the situation.

Sell Your Property To Pay Off the Remaining Balance: We’ll buy the property directly from you so you don’t have to deal with showings and finding a buyer quickly. We buy the property in “As-Is” condition- no cleaning, no repairs, no maintenance necessary. We make the process hassle free covering all the closing costs and closing quickly on your terms.

Sell the house via a short sale: A short sale is a process in which you sell the home for less than what is owed on the loan. The lender would have to approve and there is a formal process. We do not charge to do a short sale and can handle this process for you. A short sale will help you in the run by minimizing credit damage and additional fees that can arise from the process.

As you can see, out process is designed to minimize your pain and let you move on with your life. We handle everything with compassion and understanding. We provide you with options and YOU decide what is best for you and your situation.

Fill out the form or call us now at 941-212-0535 to get the process started.