Is Foreclosure looming on your property in the Hudson Valley NY area? You’re not alone—and there are many others throughout the Hudson Valley NY looking for closure during the burdensome foreclosure process. You must be thinking, “can we even sell during foreclosure?” The answer is: absolutely! It certainly is a bit more involved, but it is possible with the help of someone who knows how to navigate the process like LND Home Buyers!
Can I Sell My House in Foreclosure in Hudson Valley NY? – How it works
The past few years have been a rollercoaster in the real estate market, and there are countless folks stuck in the middle of a foreclosure throughout Hudson Valley NY. Many banks have recently been changing the way that they manage these particular foreclosure cases.
The bank who holds your mortgage doesn’t necessarily want to see your house abandoned or sent to auction; that ends up costing them more and is a lengthy process. It is in their best interest to help you avoid foreclosure by selling your property before that happens. However, dealing with banks while in this situation can be overwhelming. By working through foreclosure cases, LND Home Buyers has learned a few tips and tricks that will help you!
Working With Banks During The Foreclosure Process
- Communication is key! Over-communicate with the bank. Call with any updates and make sure you both are on the same page throughout the process. This will show them that you’re doing everything possible to get your property sold and to avoid foreclosure.
- Be on time. Don’t miss deadlines, and if anything will be late, call and let them know in advance.
- Act with respect. Remember that the bankers are people too, and they do want to help you through this situation. This will go a long way.
- Document everything. Keep careful records of all your conversations and dealings with the bank. Know who you’re speaking with, what they have, and what they have agreed to do.
- Exhaust all options. Ensure you’re pursuing every avenue possible to get out of the sticky foreclosure situation. Short sale, loan modification, and sometimes even bankruptcy. You have the opportunity to dramatically slow down the foreclosure process if you act accordingly.
- Take immediate action! Begin navigating a resolution as soon as possible. Time isn’t on your side, and if you fail to act fast you may lose your property.
If you’re looking to sell your Hudson Valley NY house in foreclosure fast, call us now.
Helping homeowners out of foreclosure situations in the Hudson Valley NY is one of our many specialties. We know these situations prove to be difficult for owners, but we are here to help you avoid foreclosure. It’s possible for us to act quickly, in certain situations negotiate with the bank to reduce the amount owed, and help you walk away with cash.
If you need to sell a property in the Hudson Valley NY area, we can help you.
We buy properties like yours from people who need to sell fast.
Give us a call or text at (845) 467-9129 anytime
or fill out the form over here today! >>
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