Avoiding foreclosure on your house can be very challenging, it can be a confusing time especially if you are not aware of the options that are available. Below are some ways to help you steer clear of foreclosure and get you back to normal.

1. Talk to a lender- Find out if there are any programs such as loan modifications or refinance options available. Always keep honest communication with them, they will have first hand knowledge on your situation. In Texas your home can be sold with no intervention from a court of law. It is important that you understand your options and what your current situation is. Make sure you know your current loan re-payment amount, late payments that have accumulated, principal balance of the loan, arrears payment balance, and the date of the foreclosure. If you have already received a foreclosure notice, give us a call and let Mr. Deeds Buys Houses help you navigate options.
2. Delay or Stop the Foreclosure- This can be a stressful time, but knowing how to delay the process can help you save your Houston home and any damage to your credit. How can you stop the process? Educate yourself on the mistakes people in similar situations have made, and learn how to avoid them. The faster you take action, the better it is for you in the long run.

There are other options when it comes to foreclosure: file for bankruptcy, apply for a loan modification, look in to the short sale process, and a cash offer sale with Mr. Deeds Buys Houses, just to name a few. Each process comes with pros and cons, but the most important thing to understand are your options.

Want To Learn How To Stop Foreclosure Now?

You’re in foreclosure or pre-foreclosure and want to learn how to halt the foreclosure now? You aren’t the first person to go through it and you won’t be the last; don’t feel ashamed, it happens.

The best thing you can do right now is educate yourself on your options.  For some people selling your home is the best option (we’ll make a fair all cash offer on your house today, just let us know about your situation here <<), sometimes we’re able to help homeowners STOP FORECLOSURE completely, and sometimes there are other opportunities available.  So, get your Free Guide: 5 Ways You Can Stop or Avoid Foreclosure In Today’s Market