The local housing market is starting to slow down and DFW Home Buyers are beginning to see a slight uptick in Dallas Fort Worth TX foreclosures.
If you’re upside down on your home mortgage or having trouble keeping up with the monthly mortgage payments, you could be fearful that your mortgage lender is going to foreclose.
Thankfully, we understand the Texas foreclosure process and can help find a way to save your credit rating and your home. If you have received a foreclosure notice, it’s paramont that you move out of your home as fast as possible.
Let’s discuss quick tips on how to avoid foreclosure in Dallas Fort Worth TX with your home.
How To Avoid Foreclosure in Dallas Fort Worth TX – Don’t Abandon a Sinking Ship
If you have received a foreclosure notice in Dallas Fort Worth, you may be considering giving up and walking away from your home. Many people think that it’s impossible to avoid foreclosure and choose to abandon their house.
We understand that foreclosure is stressful, but it’s extremely important to keep your wits about you. Foreclosure has a huge negative impact on your credit score, and will 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.
Remember, YOU HAVE OPTIONS For Avoiding Foreclosure in Dallas Fort Worth TX
• Negotiate With Your Texas Mortgage Lender
Banks and other financial institutions are well aware that citizens of Dallas Fort Wort TX 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 In Dallas Fort Worth
Over the last five years, the federal government has implemented programs to help struggling homeowners avoid foreclosure. The Home Affordable Modification Program (HAMP) aids struggling homeowners in modifying their loans to reduce monthly payments. This program also allows homeowners who are current on their mortgage payments to refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.
We Buy Houses In Dallas – We Buy Houses in Fort Worth
If you are avoiding foreclosure in Dallas Fort Worth, you are not alone. We understand that the possibility of losing your home can be stressful. There are countless Dallas Fort Worth homeowners who need to sell their house fast to avoid foreclosure. Foreclosure doesn’t have to have a lasting effect on your financial life or personal relationships if you act fast! It’s important to move quickly so you can take advantage of as many options as possible. Thinking quickly could save your credit rating and help you remain in your home.
We buy houses in Dallas Fort Worth from homeowners who need to sell their house fast to avoid foreclosure. We may be able to help you avoid foreclosure… 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.
Reach out to a Home Buying Specialist today at 817-345-6444 or fill out the form below for immediate action. Don’t forget to mention your foreclosure date so we can make sure to help you FAST.