Want to Stop Foreclosure of Your House in Essex MD?
We buy houses in Essex Maryland. We are legitimate homebuyers in MD. We can help you keep your home and avoid foreclosure. Read on to find out what you can do to fight back against the bank.
Get in Touch With Your Mortgage Lender
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Look into the Possibility of a Short Sale
Another method of selling your property to avoid foreclosure is by using a short sale. A short sale is when your lender agrees to take a lower offer for the house, to save them time and money from reselling it themselves.
To do this you must apply to your lender’s short sale program and meet the requirements. You’ll need to run a BPO or Broker Price Option, which will help you determine the fair market value for the property.
Consider Declaring Bankruptcy
If you are struggling to keep up with your mortgage payments, it is important to take action to avoid foreclosure. There are a few options available to you, such as working with your lender or selling your home.
By taking action now, you can protect your investment and keep your home.
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