Sell Your Home
The fact is selling your home will give you the most money in your pocket. Unfortunately for most people, their home takes longer to sell than they anticipate and the foreclosure takes place. NC ReVal, LLC can help you sell your home for a fair price to motivated buyers.
Loan Forbearance or Modification
A loan modification is a permanent change to your mortgage that may lower your payments and add the back payments to the balance to paid off over a certain period of time.
Chapter 13 Bankruptcy
Filing bankruptcy prior to the auction will stop the sale; however, it only postpones the sale for one or two months. You should consult with an attorney who specializes in bankruptcy law for specific legal advice to determine if this option is right for you.
You've probably received letters from mortgage brokers and lenders saying you are already pre-approved for a new mortgage. The fact is that is very difficult to arrange new financing when you're already in default on your existing mortgage. Be very cautious about sending advanced fees of $300.00 to $600.00 to lenders or mortgage brokers.
You have up to and including the morning of the auction to catch up your payments. Perhaps you could borrow from friends or family, credit cards, a retirement program or arrange a second mortgage to catch up the back payments and fees.
One service that we offer is assisting those suffering from foreclosures on their homes. You may be thinking that there are no options left to you and that you should sell your home to the first buyer that comes along. Well, we would tell you that your home is certainly worth more than what they are offering. We can help you find another buyer offering more money or even try to help you keep your home!
Call us at 833-NC-REVAL (833-627-3825) for a FREE consultation and we can give you more information about any of the options below AND if we can't help you with something, we can connect you with resources that can!
1) North Carolina Foreclosure Prevention Fund
2) North Carolina Housing Finance Agency