Avoiding Foreclosure Through Loan Modifications
Avoiding Foreclosure Through Loan Modifications
July 16, 2019
Avoiding Foreclosure Through Loan Modifications

Avoiding Foreclosure through Cash Sales

People are being forced out of the homes in the hundreds each year because they couldn’t afford their mortgage payments. Homeowners end up in this mess for varying reasons, either health reasons, loss of job, or the house was more than they could afford. Whatever the case, experiencing foreclosure is a terrible experience. Knowing that you are losing your home because you couldn’t pay can add guilt and shame to the homeowner, resulting in depression.

If the problem of Foreclosure Cash Sales is staring at you in the face, it is sensible to do everything in your power to avoid it, even if it means resorting to a cash sale as a last option. A cash sale is a simple and straightforward process of selling your house to the highest bidder, and it does not involve you listing the house on an agency program.

Though you’ll still lose your home, the important thing is that you’ll be doing so on your terms without the shame of a foreclosure. Besides, a foreclosure discredits the homeowners such that it becomes difficult to get another mortgage for a home. All these can be avoided by opting for a cash sale.

 

Empire Foreclosure Defense 70-50 Austin St, Forest Hills, NY 11375 (718) 673-2294

 

Empire Foreclosure Defense 131 west 169 st Bronx, NY 10452 (347) 220-8559

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