Most people are familiar with the stress that comes along with a tight budget or not knowing if there will be enough money in the bank to pay all of the monthly bills. Being behind on house payments is undoubtedly at the top of the stress list. Whether you are behind on your mortgage or property taxes, you need to know what options are available to you.
The first thing you should do if you are behind or know that you will miss a mortgage or tax payment is to contact the creditor. Oftentimes the mortgage company or tax office will be happy to work with you, but only if you contact them as soon as possible. Let them know about your situation. Ask them what payment options are available.
Seek financial or housing counseling. Private organizations and the US Department of Housing and Urban Development (HUD) offer counseling to help avoid foreclosure. Contacting an attorney to advise you on your legal options is another good suggestion.
Ultimately, if you are getting behind on your house payments you need to quickly develop a financial plan. Financial counselors can assist you with this. Having a plan will help you determine if the situation will get better soon or if you need to start considering bankruptcy or selling your house.
If you are behind on your house payments and do not see any good options available that will help you get caught up soon then you might consider selling your house. That may not be the easiest option to decide, but sometimes selling your house is the best option. The good news is that we can help.
We buy houses for cash. Because we use cash we are able to close faster than typical house buyers that have to wait on a bank approval for a loan. A few other benefits working with us are:
We buy houses in as-is condition, which means you will not have to make any repairs when selling your house to us.
We can take care of any back payments that are owned.
You will get cash without paying Realtor commissions.
You can save your credit by avoiding more late payments and even foreclosure
Selling your house when you are behind on payments is not an easy decision, but you can have the peace of mind knowing that we can buy your house, take care of all back payments, and close quickly.
We are here to assist you. If you are behind on house payments give us a call or fill out the short form below. We will be happy to speak with you.
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