HOW TO STOP FORECLOSURE

 

Do you need help with your foreclosure?  Are you having trouble deciding where to start?  Have you decided if you are going to work on keeping your house OR are you going to sell your house?  Or do you want to talk to somebody about your plan to STOP your FORECLOSURE?  My name is Gary Parker, and I can help you.

Please Call 801-382-9199 Today
To Speak with a Foreclosure Professional

SE Habla Espanol (801) 651-3060

 

YOU Either Want To STAY in your House or SELL your house RIGHT?
We Can HELP You!

 

We Specialize In working With People That Want To Keep Their House
OR
With People That Want To Sell a House In Foreclosure!

 LEARN YOUR OPTIONS BELOW


Do You Want To Keep Your House that is in Foreclosure?

 

There are really only 2 ways to Avoid Foreclosure that are the least expensive and have the highest probability of SUCCESS!  Loan Modification or Chapter 13 Bankruptcy.  We offer a 3rd option to allow you to stop foreclosure and stay in your house for people a Modification or Bankruptcy will not work for or if you just want a quick solution without filing a bankruptcy or going through the Loan Modification Process.

LOAN MODIFICATION

If you can’t afford to bring all of your payments current but can afford the payments and the situation that caused you to get behind in the first place is gone, a LOAN MODIFICATION may be your best option.  Visit https://harp.gov/ (blue link at left) or call your bank right away.  As with ALL foreclosure solutions, the sooner you start the better.  Sometimes your payment will go UP in a loan modification so please be prepared, and sometimes your payment will go down if you started with a High interest rate.  Also be prepared to send and receive a lot of information through email or fax.

CHAPTER 13 BANKRUPTCY

A properly structured Chapter 13 Bankruptcy is often the least costly and has the highest chance of success plan for people.  Remember a lot of times your payment will go up in a modification for just your house payment.  With a CH 13 BK, one can often reduce their overall payments even including the fees associated with a bankruptcy.  We can refer you to a very reputable Bankruptcy Attorney Just call us at 801-382-9199

LEASE OPTION

We can also do offer 1 other option to keep your house.  We can purchase your house, get you some cash and rent your house back to you.  We can also give you an option to be able to purchase your house back from us at a later date.  This option will cost the home owner a little of their equity, and it is a little more risky than the above options.  The key with this option is to 100% understand what you are signing with US or ESPECIALLY other investors you may be working with.  You can lose most of your equity if you don’t understand what you are doing.  We will help you understand even if you are working with another investor.  It could cost you a big chunk of your equity if not done correctly.


Are You Thinking of Selling Your House That is In Foreclosure?

 

Can I Sell My House Before Foreclosure? 

Because Foreclosure means different things to different people, let me explain the process.  Here is a brief explanation of the foreclosure process in Utah along with the time lines involved.  In Utah you must be 90 days late on your payment before a Notice of Default can be recorded.  The NOD is recorded with the County Recorder’s Office which means it is a public record.  A notice will also be posted on your house, and you will receive certified mail notifying you of the Notice of Default.   This is also why you received so many letters or will receive a ton of letters once the Notice is recorded for everyone to see.  Once a Notice of Default is recorded, you have 90 days until the bank will give you notice that they are going to sell the house at auction.  They have to give you at least 3 weeks notice before the sale date.  Once the sale at auctions takes place, you no longer own your home.  PLEASE NEVER let things go this far.  There is ALWAYS a better outcome we can offer you.

If you are still living in the house once the house is sold at auction, The bank MAY offer you cash for keys.  This means, for example, that the bank will give you some money, usually $2000 to $3000 to leave the house clean and in the same condition as the day it was sold at auction.  Or, you can wait for them to go through the eviction process.  This can get you 6 to 8 weeks in your house after the sale.

So to answer the question “Can you sell your house in foreclosure”?  Yes.

 

Know the Foreclosure Process…Know Your Solutions.

Call 801-382-9199 With Any Foreclosure Questions Today

SE Habla Espanol (801) 651-3060

 


Can I Sell My House In Foreclosure ?

Yes up until about 4 or 5 days before the sale date you can sell your house that is in Foreclosure.  BUT, the sooner you TAKE ACTION to solve your FORECLOSURE, the better your outcome will be. Foreclosure can make a situation in which you want to sell your house a little more difficult or A LOT more difficult.  This means sometimes I need advice from an Attorney.  We also have Utah Licensed people on staff that understand the Foreclosure process. You can sell your house fast no matter the condition or list your house.  Our professional staff can answer all of your questions  801-382-9199.  Your Utah Foreclosure Process Experts.

CLICK HERE to see how the process works.

 

 

Selling A House In Foreclosure

The methods of selling a house in foreclosure and your options for selling a house in foreclosure can be very different depending on when you start the process.  Remember, we want to buy your house and are prepared to to do that today.  If you want to review more options for selling your house that is in foreclosure please continue.

If you just received your Notice of Default and or you are a few months months behind in your mortgage payment, this is the best time to sell your house that is in foreclosure.   Since you have 3 to 4 months** to get the sale done, you can plan to maximize what you get for your house and plan your move.

Listing your house on the MLS with a Real Estate agent will usually net you the most money for your house.  You may have to make a few repairs and let several people walk through your house, but listing your house on the MLS with a Professional Real Estate Agent will get you the most money for your house.   You will also need to be moved before you get your money from the sale of your house.  It is usually a 2 month process that needs to be done ASAP because your first offer can fail way into the process.  You may need all of your 4 months to get your house sold on the MLS.  Call us today at 801-382-9199 to talk about help getting your house listed.

Of course we will buy your house As-Is, get you your money now and allow you to move months down the road.  We can even buy your house is you are a few days away form a Foreclosure Sale.  DO NOT let the bank get your equity.

Sell Now Move Later Program

What is our Sell Now Move Later Program all about?  We have options that will allow you to sell your house now and move at a later date AND get the money from the sale of your house NOW!  Just think how much easier this will make getting a fresh start.   Get your money now and FREE rent for as long as you need.  Gary Buys Houses will do what it takes to help you.

 


 

Your Best Interest Matters To Us 

Stop A Foreclosure Sale Date
Dagoberto & Lupe Z. of West Valley Utah sold their house in Foreclosure.

This very nice couple was very close to selling Gary Buys Houses their house that was in Foreclosure.  The Foreclosure Attorney that sometimes has to work on our Foreclosure files discovered that there was an issues with the couple’s mortgage, and they ended up getting about $20,000 more for their house than they thought.  This doesn’t happen often, but it shows you one example of how working with a licensed professional can benefit you.

We are LOCAL and have a professional team we work with to give you the best possible outcome when selling your house that is in foreclosure.  Just get a Notice of Default, you are 2 months into the Foreclosure Process, thinking of a Chapter 13 Bankruptcy or a Loan Modification, or are you days away from a Foreclosure Sale Date?  Whereever you are in the Foreclosure Process, we can help you.  Call 801-382-9199 Today.

 

Stop A Foreclosure Sale Date

As mentioned, in Utah, the bank or the attorney doing the foreclosure for the bank, can and will issue a Sale Date about 90 days after you received your Notice of Default unless you file a Chapter 13 Bankruptcy, bring all of your payments current or are approved for a Loan Modification.  If none of these options will work for you, we can buy your house to help preserve much of your equity and also allow you to stay for as long as you need to work on your Fresh Start.  We can usually buy your house up until 4 or 5 days before the Foreclosure Sale Date, but PLEASE, give us more time.  If there are any hiccups along the way, the more time the better.

 

Can I short Sale My House?

Yes you can.  At the time of this writing, very few houses require a short sale to be sold.  This is because of the market appreciation of the last few years.   It is crazy how in 2007 to 2009 almost every house that sold was a short sale.  Typically you will need to Short Sale if you have a recent mortgage on your house or the years of repairs that the house needed have not been done.  Most banks will want you to have received a Notice of Default before they will consider letting you Short Sale your house.  The bank has to approve the price your house sells for in a Short Sale situation.  So yes, a Short Sale is a normal part of the Foreclosure Process for houses with no equity.



We Will Make You An Offer On Your House Within 24 Hours.
You Decide If It’s A Fit or Not. It’s That Easy And Stress-Free

Please Call 801-382-9199 Today
To Speak with a Foreclosure Professional

SE Habla Espanol (801) 651-3060

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** Once a Notice of Default is recorded, you have about 4 months until your house will be sold by the bank if you don’t stop your foreclosure.

Licensed in Utah with Aubrey & Associates Real Estate