Facing Foreclosure? Need Answers?
The Facts:
It is unfortunate, but occasionally we all stumble along the way to meeting our objectives because of a job loss, divorce, unexpected medical bills, or a transfer. These are only a few of the things that can wreck us financially. When this happens, one of the biggest burdens you can face is continuing to make the mortgage payments on your home.
Nothing positive can come from a Foreclosure on your home. A foreclosure stays with you for the rest of your life! Any standard credit application you look at will ask: "Have you ever had a Foreclosure?"
Options To Consider:
Bankruptcy- Attorneys may advise you to file bankruptcy to stop a foreclosure to delay the inevitable, while costing you hundreds, if not thousands of dollars in legal fees and court costs. Chapter 13 bankruptcy allows you to begin making payments on your home again. The problem is, miss one payment or send in one payment late, your lender may immediately begin the foreclosure process again. If your attorney advises you to file Chapter 7, this will only stall the sale of your home for 30 days and may completely ruin your credit rating. Neither of these options are helpful for this situation.
What about listing with a Realtor? Most Realtors list houses, they don't actively sell your house. If you need to sell your house fast, this is rarely the answer! There will be open houses, signs in your yard, a few other Realtors may bring some people by your house that aren't qualified, and if they are, what are the chances of the sale being closed before your home goes into foreclosure? They may not know how to negotiate with the bank, and it may end up costing you your home!
How about refinancing? Many mortgage brokers will offer to refinance your home before the foreclosure. This only increases what you owe on the home & you may have higher payments since your new loan will be at a much higher interest rate! Wait a minute, weren't you already having trouble making the payment? Hardly a solution.
What E.P.I. Homes Can Do For You:
Our main objective is to provide a solution allowing you to deal with your problem as quickly as possible so you can get on with your life! The hardest part of a situation like this can be the unknown, wondering if your house is going to sell, facing the ominous & very damaging Foreclosure Sale.
We are highly trained experts when it comes to solving your real estate problems. We take care of the burden of dealing with your lender, attorneys, and everyone else that you have to deal with that doesn't care about your situation.
We can offer you peace of mind. When you agree to sell to us you will know that the burden of monthly payments, repairs, maintainence and all of the other headaches associated with selling your house will soon be behind you so you can move on with your life!
Remember, you DO have options and there is HOPE!
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E.P.I. Homes, Inc.
