Few homeowners get the chance to ask for professional assistance to help stop foreclosure Florida before it is too late. The rapid time frame that a foreclosure can be completed in causes more people to lose a home faster. It is quite common to hire an attorney or law firm that specializes in Florida foreclosure. While these state experts do provide helpful assistance, many times paperwork ends up slowing down the process of foreclosure but doesn’t stop it. There are plenty of motions that an attorney can file and all of this comes at a greater expense for a homeowner. Someone that is short on cash might want to explore other options to help stop foreclose Florida from happening.
Help Stop Foreclosure Florida
There are usually two or three popular routes that you can try to avoid a foreclosure quickly. One of the first things that you might try is a modification of your existing mortgage. These are not impossible to get approval for but they can be lengthy. The average foreclosure is now processed and completed in just 60 days. This means that the date a notice of foreclosure was filed and sent out to you the clock is ticking. You might even be nearing the 60-day mark at this point. A mortgage modification might not help you. Another way is to do what is written in mortgage contracts as a deed in lieu of foreclosure. What happens is that you sign an amendment to your mortgage agreement. You then give the deed to your property back to your bank. You could still be responsible for paying forgiven mortgage debts after this measure to help stop foreclosure Florida.
One final way is to pursue a little known route called a short sale. It is this method that is helping a lot of Florida homeowners avoid bad credit and the negatives that come with traditional stop foreclosure tactics. When you agree to make a short sale, you get written approval from your bank that you can be cleared of all the debt that you owe for a reduced amount. The auction of your home can go quickly and you can walk out of your mortgage agreement virtually free and clear. Why this route is so popular is that it doesn’t take much time or effort to get short sale approval. The only thing that you need is a professional with short sale experience to draft the paperwork and make an offer that your lender or bank will not refuse. The company you select for a short sale will always determine your success.
“Help Stop Foreclosure Florida”
Avoid Foreclosure gives you want you came here to get. We provide the free assistance that even your closest friends do not. We know how passionate you are about your home and you want to put a foreclosure out of your life. Call our financial specialists toll free at 1-800-589-4106. We are experts in bank and mortgage lender negotiations and we handle short sales perfectly. We can discuss your options free of charge and work hard to help stop foreclosure Florida.