sell house foreclosure

From the Dec 30th Richmond Times Dispatch.Â Housing 101 a helpful class – News – inRich.com

From the related information file:

Worried about foreclosure? Don’t ignore the problem.

The further behind you get, the harder it will be to reinstate your loan and the more likely that you will lose your house.

Contact your lender as soon as you realize you may be in trouble. Lenders have options to help borrowers through difficult times.

Open your mail. The first notices you get from your lender will offer good information about foreclosure prevention options.

Later mail may include information about pending legal action.

Failure to open the mail will not be an excuse in foreclosure court.

Know your mortgage rights.

Find your loan documents and read them so you know what your lender may do if you can’t make payments. Learn about the foreclosure laws in your state. Understand foreclosure-prevention options.

If you decide to sell your house as your solution to falling behind on payments, Get offers from us in 24 hours.

In the Dec 23 Richmond Times Dispatch, there was an article entitled: Virginia Foreclosures Rising.

Here are a few quotes:

The number of foreclosures in Virginia is expected to rise to about 14,000 this year, up from 4,354 in 2006, and could hit 20,000 next year, according to Housing Opportunities Made Equal Inc., a housing advocacy group in Richmond.

Virginia has one of the fastest foreclosure processes in the country, said Connie Chamberlin, president and chief executive officer of HOME.

Once a lender notifies a borrower of the intent to foreclose, a person can lose their home in as quickly as two weeks, she said. “For many people, that means they don’t have time to deal with the issue.”

Because Virginia’s process is so fast, there is very little time to deal with it.

Selling your house Fast is one quick way to address the foreclosure process.

You can Get offers from us in 24 hours.