How to avoid foreclosure?
If you have current difficulty in paying your mortgage, contact your loan servicer immediately. Federal Deposit Insurance Corporation states that you have to make sure you work directly with your servicer or counseling agency. Offers which are too good to be true are usually a scam. Stay safe and trust only reputable services.
You should also carefully study your budget - track your expenses and see which expenditures you can minimize.
How to get help from the government
U.S department of Housing and Urban Development presented several programs, implemented by The Obama Administration, which will help you avoid foreclosure. The list includes Making Home Affordable © (MHA) Program. Its strategy is to "help homeowners avoid foreclosure, stabilize the country's housing market, and improve the nation's economy." Companies like Federal Deposit Insurance Corporation also work towards helping you make easy and affordable repayments to your home.
Avoid foreclosure and get fast cash for your Knoxville house. We can make you a fair cash offer within 24 hours!
How to stop foreclosure?
UAC (Urban Affairs Coalition) created a Resource Guide which will help you stop foreclosure. The guide features up-to-date information on how to avoid and stop you from losing your home.
Here are some tips on how to stop foreclosure:
- Contact the lender as soon as possible.
- Consider loan modification, a repayment plan, a reinstatement, forbearance and any other options available to you.
- Refinance your loan.
- Sell your home.
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Help for veterans
I buy houses all over Knoxville, TN, so in most cases I can reach out to you on the same day you submit the form. I understand the difficulties of being a veteran and foreclosure is the last thing a veteran needs. But I’m ready to make your life a lot easier. Get your quote and sell your house today. The fastest service you can reach me at is my phone: 865-268-4537
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