HUD has put out a document for homeowners entitled, Tips for Avoiding Foreclosure – HUD.  They are pretty simple

1. Don’t ignore the problem
2. Contact the lender as soon as possible
3. Open and respond to mail from your lender.
4. Know your mortgage rights.
5. Understand foreclosure prevention options. (Selling in one of them)
6. Contact a HUD approved housing counselor.
7. Prioritize your spending.
8. Use your assets to recover the debt.
9. Avoid foreclosure prevention companies that charge fees up front.
10. Don’t loose your house to foreclosure recovery Scams.

If you decide to sell your home to avoid foreclosure, you can rest assured that we will treat you fairly and with respect.  There are no upfront fees and we will tell you quickly if we are able to help you.  Give us a call, at 804/719-1489, or Get offers from us in 24 hours.

Mortgage Net Daily spells out several foreclosure rescue scams and good advice to help sellers avoid such scams.

1. Upfront fees: Some unscrupulous scammers charge hefty upfront fees for their services, claiming to help the homeowner, and then fail to deliver.  On the other hand, I know of one company of integrity that does charge an upfront, but they are able to do what they say.  The fee is reimbursed to the seller when the investor purchases the home.
2. Equity stripping: a sale to an investor and a lease back to the seller, often with onerous terms.
3. Refi-Refi-Refi: your lender constantly churning your loan to incur fees and costs.

We affirm that we treat all sellers with fairness, integrity, and with respect.

If you want to sell your house quickly, no matter where it is in Richmond Petersburg area, we will try to help you.  We’ll buy your ugly house, tired house, worn out house, or pretty house.

Call Us at 804-719-1489 or fill out our Get Offer in 24 Hours form at our sister website to see how we can help you today.  All calls and emails are confidential.