Do you want to prevent foreclosure and keep your home?

To recover a debt and protect the proceeds and investment made in your property, a sale in execution has never been the best option for liquidating an asset. We can offer real estate aid in the form of counsel, direction, collaboration, and coordination with creditors and industry professionals who can offer answers to your problem. The earlier we start working with you on this, the less expensive it will be. We’ll work with you to keep your house and repair your credit.

We’ll work with you to keep your house and rebuild your credit.

Request a Call

Do you want to prevent foreclosure and keep your home?

There are many things that can lead to your house being repossessed, things that can affect you financially, such as:

Loss of employment or reduction of hours
Divorce or separation
Death of a spouse
Major illness or injury

When you are focused on an unexpected problem or situation, it is difficult to think about house repossession.

Real Estate Assist is here for you if you:

Want to keep your home, avoid the bank auctioning your home, prevent foreclosure
Want to be able to pay your mortgage again and stay on your property while you are getting help from us and can recover your finances
Want to stay in your home because you cannot afford or have the time to relocate now or have sentimental ties to this property and do not want to sell it
Want to Stop, prevent, or get advice about a looming auction, foreclosure, repossession, or legal action on your home or property

Here are some ways how you can stop foreclosure and keep your home:

Reach out to the lender or loan servicer about a remedy as soon as possible.

You may be able to reach an agreement on a payment plan, temporary forbearance, or loan terms modification. You might be able to catch up on past-due payments with a payment plan. Forbearance allows you to temporarily reduce or pause mortgage payments. Reduced monthly mortgage payments are an example of a modification. If possible, contact your lender before you begin missing payments.

You can “short sale” your house.

If the value of your home is less than what you owe your mortgage company, a “short sell” may be the solution to your problems. Banks require over 70 pages of paperwork to consider your home for a short sale.

You can have representation for the entire short sale process for the price that most attorneys would charge for one or two hours of their services (an average of three months).

Negotiate out of foreclosure:

You may be able to negotiate your way out of a foreclosure. Banks, on the other hand, despise foreclosure. Foreclosing on the property cost them a lot of time and money. In the absence of a forbearance agreement, try calling your lender and explaining your situation. You will most likely be given some options to avoid foreclosure, such as loan modifications, refinancing, or a repayment plan. Lenders would generally prefer to work out a mutually beneficial solution, as it is more cost-effective for them than proceeding with a foreclosure. By being proactive and maintaining open communication with your lender, you may be able to find an alternative solution that allows you to keep your home and protect your credit.

Find out about forbearance programs:

A forbearance program will help homeowners who have fallen on hard times. The lender will postpone the foreclosure process until the forbearance period expires. To avoid foreclosure, you must be able to make up all missed payments by the end of the grace period. It may seem like a good solution but making the back mortgage payments can be difficult.

A Look into a loan modification:

A loan modification is a long-term solution to dealing with a mortgage payment you are consistently unable to make. Perhaps there was a death in the family or another major change, and you can no longer pay what you used to. You can work with the lender to modify the loan, but this will usually increase your interest rate.

File for bankruptcy:

Filing for Chapter 7 bankruptcy only postpones a foreclosure. Chapter 13 bankruptcy, on the other hand, may allow you to catch up on past-due payments while keeping your home. Chapter 7 bankruptcy discharges most or all your debts, whereas Chapter 13 bankruptcy creates a repayment plan for some or all your debts. However, consider the severe consequences of bankruptcy on finances and creditworthiness before proceeding with this option, as it may be difficult to recover from.