Are you Facing Foreclosure in Fort Collins, CO?
Facing foreclosure or know someone who is? We can help you! As you read this article, explore the options to prevent facing foreclosure in Fort Collins, CO.
Get rid of your mortgage payments and the stress of damaging your credit. It only takes a few missed mortgage payments to put that house you worked hard for in danger of foreclosure. React proactively, call us today at (970) 744-4944 and sell your home for cash.
What should I do first?
Before making decisions on how to handle your home or a loved ones’ home facing foreclosure in Fort Collins, CO, make sure a notice was given to you in a timely and legal manner. Lenders must properly notify the homeowner by a certified delivery of a notice to foreclosure at the owner’s most recent address known. Without this timely notification you can petition to delay your foreclosure and seek relief. Though this only postpones foreclosure, you can buy yourself more time to figure out the best plan for your situation.
What are my options to prevent foreclosure?
Loan Modification- Loan modification can refer to a wide range of changes to your mortgage loan. You can request a loan extension, decrease in interest payments, or a re-amortization of your remaining balance. With this option, you are able to keep your property and a foreclosure off your credit report. But if the weight of keeping your home is too great, this may not be the option for you.
Forbearance- Forbearance means you can have your payments reduced or suspended for a period of time until you are able to fix your financial situation. This option often comes with additional attached payments, which can pile up quickly. Also, if your financial situation is not changing any time soon, this will only cause more stress.
Bankruptcy- You may feel that bankruptcy is a good option, but in many cases you will still up ending saying goodbye to your home but then also dealing with a bankruptcy on your credit record. Often people still end up owing money after their home is sold if the sale doesn’t cover all the costs. And if your home is not in the best condition, this makes the process even longer.
Your best option may be to sell your home while there is still time and before you are behind on payments or too deep in the foreclosure process. You can sell in to an investor for cash in a short amount of time. Selling your home in a retail sale works best if your house isn’t in need of serious repairs, homes are selling quickly in the area, or if you have time to wait for it to sell. If your house is in great condition you may be able to recover some of your equity, but if not, the time and money required to sell your home by listing it with a real estate agent may not be worth it. They will suggest major repairs and cleaning done on your dime. When selling to an investor you are not responsible for making a repairs on the property and you can sell it for cash and usually close within a week. This is the ideal situation for someone who needs to move quickly to prevent a foreclosure.
If you’re already struggling with foreclosure it’s likely that you’ve been contacted by lots of investors promising you fast cash for your home or see signs on the side of the road, and you’re probably wondering, “who are these guys?”- And you are right to be concerned about disreputable people who aren’t able to actually buy your home and take the stress off your shoulders.
NoCo House Buyers Inc has been in the business of buying Fort Collins homes regardless of condition and price range for years. We will buy the house exactly as in and do the repairs and cleaning ourselves. We buy your house and close on your schedule. We’re here to create a custom solution for your current property problem. You might be asking, how we can do this? well our company is made up of experienced buyers, we can purchase your home quickly so you can move on with your life. Price, condition, location and property type make no difference. This cash offer is for you. All you have to do is contact us. We can only purchase a few properties each month so contact us today!
The process is simple, all you have to do is call us at (970) 744-4944 or simple Click here now and fill out the form to sell your house fast. Let’s talk and make a fair deal!