Two Ways to Stop Foreclosure

Sept. 18, 2009 - PRLog -- If you are facing foreclosure you will have a lot more options if you contact your lender as soon as you realize you are going to be behind on payments.  Many of your options to avoid foreclosure or stop foreclosure vanish after the Notice of Default is filed by the lender.  Lenders are much less likely to agree to repayment schedules once the foreclosure process has begun.
Here are options you have to stop foreclosure or avoid foreclosure:
Sell Your Home:
   You can hire a real estate agent.  The positives: they will post it on the mls, set up showings and sell your home.  The most common complaints about this option are:  this service comes with a commission fee of approximately 6% of the selling price depending on where your home is.  In today’s economy this process can take many months or even years.  The seller also has to prep the house for sale including repairs, make the house perfect and leave each time there is a showing.  Selling a house this way is better than having a foreclosure on your record but it can be expensive and time consuming.

   You can sell your house to a professional real estate investor.  The positives:  the process is fast and can be done within the week, no commission or fees to be paid, no repairs or prepping which can be costly and time intensive and no inconvenient showings.  Common complaints about this option:  the sale price is less than if sold in a traditional way.  In actuality, the end profit is about the same once you deduct the commission, mortgage payments, additional tax and insurance liability, cost of repairs and prepping the home.  WeBuyAllHomesCash.com will make this option fast and easy while treating you with the respect you deserve.
Sellers should compare both to options to determine which best meets your needs and time frame.
Short Sale:  (Also called a pre-foreclosure redeemed)
This is applicable if you owe more on your mortgage than the house is worth.  This requires finding a buyer and negotiating with the lender.  This shouldn’t be your first choice to avoid foreclosure as it does affect your credit.  However a short sale is better than a foreclosure on your record.  

Loan Reinstatement:
If you are already facing foreclosure this is your last chance to avoid foreclosure.  The lender gives you an allotment of time to bring the payments current.  WeBuyAllHomesCash.com can help you by buying your home within the week for a fair price so you can avoid foreclosure.  
For more information go to:  www.webuyallhomescash.com today!