Behind on payments?
How far behind?Â 2 month, 3 months?
I can imagine that the lender is beginning to send you notices in the mail threatening you with terms like “notice of default” and “loan acceleration” and “foreclosure.”Â In the state of Virginia, you might even see notices like “Substitution of Trustee” or “Notice of Trustee’s sale.”
Your house is headed to foreclosure in Virginia and it won’t be long before it’s auctioned on the courthouse steps in the county or city where you live.
Does that describe you?
What can you do?
Here is what you can’t do in Virginia:
- Pay an up front fee to a loss mitigator.Â That has been banned by law.
- Sell your house to an investor and lease it back.
What you can do (and this may not be your only option) is to sell your Virginia house fast to avoid foreclosure.
Professional Home buyers in Richmond VA
We are professional home buyers and we have helped several people unload their house.Â Even if there is little to no equity in this current awful real estate market.Â We’ve got solutions, some of which help you sell your house fast, others of which take some time because we have to negotiate with a lender.
Don’t wait too long to contact us
This week, I was contacted by a seller who’s situation was very sad.Â Circumstances in life were forcing him to sell his house fast to avoid foreclosure.Â However, there was nothing I could do to help him.Â
1).Â He owed more than the house was worth — the only approach would be a short sale (45-60 day minimum turnaround).
2).Â The trustee auction was in 4 days.
Fill out our contact form to discuss your situation, sometimes in a little as 30 minutes.