Options to Stop Foreclosure in Texas
Understand Your Options When Facing Foreclosure
Work with the Lender
The simple truth is that many homeowners are not prepared to move out when facing foreclosure. It is important that you communicate with your lender as soon as you anticipate problems making payments. Lenders might offer solutions like a repayment plan, loan modification, or a forbearance agreement.
Explore Creative Options
It may be time to explore creative options that you might not have considered such as borrowing from a policy or a retirement account. Even reaching out to family & friends should not be out of the question. You may even have items you can sell. It is important, though, to consider the downside of these options.
Sell Your House
As a last resort, you might be ready to move on. Selling your house can help you avoid foreclosure & bad credit or even a deficiency where the bank can come after you for the difference if the foreclosure sale does not cover the mortgage debt. By selling your house, you might even put some money in your pocket.
Avoid The Last Option of Doing Nothing & Losing!
The worst option is to DO NOTHING and LOSE YOUR HOUSE! There may be other options than the ones mentioned and we at SAHouseSolutions.com welcome the opportunity to talk with you to further explore other solutions. Time is of the essence so it is important to reach out to your lender as soon as possible. We are also ready to help and offer solutions that might make the difference.
What do we get from helping? You may be asking why we would offer to help. We understand that we are not the first or second option for many facing foreclosure. It is one way we can give back to our neighbors. But for those that have exhausted all other options and for those who do want to sell their house, we would love the opportunity to provide a no-obligation offer.
If you’re ready to get a true offer for your house, then get started by clicking below. All it takes is filling out the simple form. For a quicker response, reach out by by phone or text at 210 764 3955.
SAHouseSolutions.com
We are local house buyers that specialize in buying houses in San Antonio & the surrounding area. We can buy your house in As-Is condition & close quickly. Our process is simple and hassle-free!
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