Get Help Avoiding Foreclosure in Phoenix Arizona
Everyone dreams of one day buying their own home. For many of us, closing that deal is a major milestone.
Unfortunately, finalizing a sale on your house doesn’t guarantee it will be safe from foreclosure. That only happens when you’ve paid off all your mortgage.
Avoiding foreclosure is straightforward – all you need to do is get the correct mortgage term for you and keep up with the payments.
However, the economy‘s volatility can severely affect your ability to pay the mortgage consistently. When you skip too many payments, you can wind up in foreclosure.
How to Stop a Foreclosure
Once you receive your foreclosure notice, research your options and take action promptly. A quick strategy to prevent foreclosure in Phoenix, Arizona is to engage in a pre-foreclosure sale.
Enlisting the services of cash-purchasing investors like Doug Hopkins is an easy and stress-free approach to avoid suffering through foreclosure. Contact us today if you want a speedy and stress-free approach to selling your house and averting a foreclosure.
Other techniques may stall a foreclosure. These include reinstatement, filing for bankruptcy, and applying for a loan modification.
However, all these have major disadvantages:
Reinstatement forces you to pay back your missing mortgage payments in a lump amount, which can be impossible if you are in financial difficulties.
Filing for bankruptcy will drastically and badly damage your credit score for the next seven to 10 years.
Loan modifications are impossible in Arizona once your bank or lender has commenced the foreclosure process due to regulations preventing dual tracking.
Why Sell Your Home for Cash Fast
Time is of the essence if you want to avoid foreclosure. It’s crucial to make a strong decision without severely damaging the years to come.
One of the easiest strategies to prevent suffering an imminent foreclosure is to sell your property before the bank may auction it off.
A reliable and well-known cash-buying investor such as Doug Hopkins makes it easy to execute a cash property sale in just a day or so.
Many homeowners follow this way since filing for bankruptcy automatically pauses foreclosure sales — even those scheduled within the next day or two. However, doing so will result in your credit score worsening for the next decade.
In comparison, entering an as-is cash sale can be done almost as rapidly while not negatively affecting your credit rating.
The advantages of selling your property for cash fast include:
- Skipping lengthy lender approvals for a short sale
- Freeing your money locked as a house equity
- Immediate cash to pay off the mortgage
- The remaining cash may be utilized for rent or a property down payment to start over
Where to Get Help Avoiding Foreclosure in Phoenix, AZ
In Phoenix, Arizona, Doug Hopkins and his team are frequently recommended and well-regarded among homeowners, whether they are at risk of foreclosure or simply moving out and moving on. The company is also considered among the leading buyers of foreclosure properties in the U.S.
We offer a smooth and easy purchase procedure meant to benefit any homeowner in need of it. As such, we make sure to be entirely honest with all clients. You’ll know straight immediately how much you may anticipate receiving.
We create clear and honest offerings that do not come with hidden fees, extra expenses, or added commissions. You obtain the whole amount specified in our cash offer.
Our company will handle all other connected charges, including the closing fees, so you obtain the entire sum we quote for you.
Most essential, we acquire your home as-is. There’s no need to stage your house or spend money you don’t have on minor and significant repairs.
It doesn’t matter whether your home is distressed, in horrible shape, or requires repairs. We analyze homes in any condition and issue fair prices — then take care of all the necessary fixing up ourselves.
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Deciding to Sell Your House
Selling your property fast for cash is one of the finest methods to receive aid in avoiding foreclosure in Phoenix, AZ. Still, we know it won’t be an easy decision to make, even in the face of a prospective foreclosure.
After all, there are a lot of elements to consider — what price will allow you to live comfortably? Where will you stay? How long can you continue to live in your home?
These are only some of the questions that may run through your head. Luckily for you, these are all questions that our staff at Doug Hopkins can address. When you sell your house to us for cash, we can finish the deal in as fast as seven days.
However, if you need more time to sort out your living arrangements, you can choose the closing date to “sell my property fast“.
Doug Hopkins also gives reasonable price deals. We buy homes at fair prices close to their market worth, just check our Doug Hopkins reviews.
Call us immediately to request a free, no-obligation cash offer in 24 hours. Let us help you prevent foreclosure and save your credit score.
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