Why are we so passionate about helping people?

Foreclosure occurs due to a hardship that the homeowner is going through. This could be a health issue, a divorce, death in the family, a reduction in income, or job loss. Helping people understand the foreclosure process and the option there are to stop it, gives people hope. It lets them know how common foreclosure is and it encourages them to take action. As a Lynchburg native, helping others is also a way to give back to the community that’s been good to me.

My family also went through this process when someone reached out to them 10 days before the auction. It was stressful but they managed to get the auction stopped. Since I had knowledge of the foreclosure process, I was able to avoid it after a separation from my ex-wife as well.

Want To Learn How To Stop Foreclosure Now?

You aren’t the first person to go through a foreclosure… and won’t be the last.  So don’t feel ashamed. It happens to more homeowner than you know.

We have come up with 5 tried and true ways to stop Foreclosure listed below, (tell us about your situation here <<).  So, click one of the buttons above to get your free foreclosure guide. These are just a few. To have a detailed explanation about your options, give us a call. Don’t wait too long. The sooner you call, the more options you will have.

Disclaimer: This content is not to be construed as legal advice and should be used for informational purposes only. For legal advice consult with an attorney. Homeownership counseling is available for qualified homeowners with delinquent mortgage loans. Contact HUD at 1-800-569-4287.

*If you don’t have the funds or resources to do the “action steps,” don’t hesitate to ask a     relative or close friend for help.

What will Stop the Auction?                                                     

  • Pay off the Loan                                                        

Action Steps: Cash In or Borrow from your 401K, stocks, CD’s or any other retirement plan you may have. Sell anything of value that you own. Ex. Jewelry, cars, boats, rental property etc

  • Pay the Arrears (back payments including interest, attorney and late fees). This reinstates the loan and puts you back in good standing with the bank.

Action Steps: Repeat actions steps from above. Ask a relative or close friend to co-sign a loan.

  • Loan Modification, Payment Deferral or Repayment Plan

Action Steps: Contact your mortgage holder/servicer and see which one of these programs they offer to help you stay in your home. If you have income, you may qualify for a one of the above plans. Loan modification. They may require you to be currently living in the property.

  • Sell before the Auction Date

Action Steps: Selling on your own terms instead of allowing the bank to sell your property, which could leave you with nothing. If you have equity, consider listing the property on the MLS or selling it to a real estate investor. This can keep a , foreclosure off your credit report, put cash in your pocket, and make it easier, faster and less stressful to start over.

  • Bankruptcy

Action Steps: Consult with an attorney to see if filing bankruptcy is right for you.

Each option has pros and cons. Due diligence is imperative when selecting the option that best fits your situation. For more details and a better understanding, call (434)509-4409. Looking forward to helping you free of charge. Beware of scammer. Anyone offering to help stop an auction should be doing so FREE of charge