If you are going to be facing foreclosure soon or at some point in the future, you may wonder, “Can I get my house in Newport News back after foreclosure? You know you will still need some place to live. Unfortunately, after the court proceedings are finished and the court rules in favor of your lender to finish the foreclosure, it is extremely hard to get your house back…
Instead of wondering can you get your house in Newport News back after foreclosure, here’s another option…
If you have not started the court proceedings, there is hope, and options.
The first and best option is to pay off your mortgage or work out a payment plan with your lender. In case you are wondering, they would always prefer to keep you in your house as their #1 desire, especially if you can make payments and become current again.
If that’s not an option for you at this time then you may decide to do what a lot of homeowners facing foreclosure are choosing to do: Sell your home before the home is foreclosed upon and pay the lender what is owed to them.
If making the paymnets current is really not an option, you can
If you are going to be facing foreclosure soon or at some point in the future, you may wonder, “Can I get my house in Newport News back after foreclosure? You know you will still need some place to live. Unfortunately, after the court proceedings are finished and the court rules in favor of your lender to finish the foreclosure, it is extremely hard to get your house back…
This option is proactive and it is great for you from two perspectives:
- You are taking ownership of the situation and you will have a better feeling of control over your finances.
- You will definitely mitigate the long-term effects of going through the actual foreclosure on your credit. If your credit is good, it will remain that way. At least a foreclosure will not damage it.
Here’s a secret to selling your Newport News area home fast so the bank can’t take it
If you decide to take ownership of your situation and proactively take great steps to sell your home and protect your future credit, you could talk to a cash buyer that buys houses as-is for cash, fast. Instead of you spending time and energy to find a buyer, if you call someone like Coastal Edge Homebuyers, we can make you a quick cash offer and close very quickly and make this issue disappear for you. Please note, companies like ours are experienced n this, where we would buy your house at a reduced rate to make this deal work from both sides. In the end, you (and your credit) will be saved from foreclosure.
Simply fill out our form and tell us about your house, or just call us at +1 (757) 414-7117 and let us know that you want to sell fast.
We understand that selling your house to Coastal Edge Homebuyers is not ideal, because you will still have to give up your house, in the end this is a sound financial decision given your situation. You will take charge of the issue and you will be able to protect your credit from foreclosure damages.
This option is proactive and long-term, which is why homeowners facing foreclosure love it: it’s proactive because you’re taking control of your financial situation; it’s long-term because you’re accepting the short-term discomfort of selling your home in exchange for the long-term benefit of a better credit rating.
The option to sell your house to a cash buyer is liked by many homeowners facing foreclosure, because it is both proactive and a long-term solution to your issue, while saving your credit and paving the way to further rebuild your credit to a high numbers. Believe us, it is very beneficial to have good credit rating, from reaping benefits from renting, to getting products and transportation with good rates, to getting lower insurance rates, all of that just because you have good credit.