When a homeowner is facing foreclosure, they often feel they do not have many options. Negotiating with lenders presents its own set of challenges, and those negotiations are often riddled with pitfalls. For a homeowner who has tried in good faith to negotiate with a lender, and been unsuccessful, there are still options available.
Short sales, are an option that some homeowners pursue. Oftentimes, the challenges with these sales include acceptance by the lender. Consumers who are not aware of foreclosure laws in their own state may find themselves being sued for balances remaining after a short sale. Many times, language in the short sale agreement is not sufficient to protect the homeowner from being sued for the difference between the sale price and the amount owed.
Another potential option that many homeowners are unaware of is selling a home to a private investor. These investors can purchase homes before the foreclosure process is complete. For many homeowners, this can make a significant difference in how much damage is done to their credit rating. While late payments will show on a credit report, they do not typically remain on a credit report as long as a foreclosure would.
While there are no guarantees, there is a possibility that you may find some relief by contacting Radiance Homes. Our goal is to help you find a solution that works for you. While we cannot work with every single person, we are more than willing to listen to you.
If you need to sell your house quickly due to time sensitive or you just want to move on with your life. We are not real estate agents nor brokers, there is no waiting, cleaning, mowing lawn, maintenance and the uncertainty to sell your house. . You are straight to the source and fast closing no commission to pay. Visit www.radiancehomes.com or call (505) 831-0563 NOW