Foreclosure looming over your Houston house? You’re not alone. Many Texas homeowners face this stressful situation each year. But what if there was a way to sell your house fast and avoid foreclosure altogether?
The traditional route of listing your house can take months, a luxury you simply don’t have in foreclosure. Every day counts. This guide will show you how to explore alternative solutions, potentially sell your house quickly, and reclaim control of your situation.
We’ll break down the pros and cons of selling during foreclosure, explore your options to avoid it entirely, and provide a clear roadmap for selling your house fast. With the right strategy, you can navigate this challenging time and potentially leave foreclosure in the dust.
This guide equips you with the knowledge and tools to make informed decisions about your Houston property. Let’s explore your options and find a solution that works for you.
Can I Sell My House in Foreclosure in Houston? – How it works
There are a lot of folks in Houston who have faced foreclosure in the past few years. Since the changes in the economy, a lot of banks have been shifting the way that they deal with foreclosures.
Remember, the bank that carries your mortgage doesn’t want to see your home abandoned or auctioned. The bank stands to make the most amount of money by helping you to avoid foreclosure by selling your property. However, dealing with banks during any part of the foreclosure process can be a huge pain. Over many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.
Working With Banks During The Foreclosure Process
- Always over-communicate with the bank. Call with updates and show them what you’re doing to get your property sold.
- Don’t miss deadlines. If anything will be late, call with advance notice.
- Remember that bankers are people too. Don’t be overly dramatic, but explaining your situation and demonstrating your willingness to fix the problems to make it right goes a long way.
- Start keeping careful records of every conversation you have with the bank. Nothing counts unless it is in writing. Make sure to keep track of each person you speak with, what they said, and any promises made.
- Explore all your options, including loan modifications, selling your house and potentially saving your credit score from a foreclosure blemish. Depending on the details of your personal situation, you may be able to dramatically slow down the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure.
- Don’t wait. Time is of the essence. The further behind you become on payments, the fewer options are available to you.
If you’re looking to sell your Houston house in foreclosure fast, call us now.
We specialize in helping homeowners in situations including foreclosure around Houston and the whole state of Texas get out of difficult situations and avoid foreclosure. In certain circumstances, we can negotiate directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your property with cash.
If you need to sell a property near Houston, we can help you. Let’s discuss your situation and find a solution that works for you. Contact us today!