The worst thing about being in a position like impending foreclosure is that you are pushed to your limit. Even in an economy where foreclosure is common, it is hard not to feel angry, frustrated, and depressed, overlaid with a sense of failure when you can’t pay for your home and then see it taken from you. It is even more debilitating to read in the paper that banks don’t even want your home and are currently burdened with a large inventory of foreclosed properties. If you’re in this situation, you might feel tempted to lash out at the world – at the bank, your spouse, your kids, even your house.
Although you have a lot of yourself tied up in your home, this situation affords an opportunity to reevaluate your priorities. When it comes right down to it, is a building worth all the aggravation it is causing you and your family? Is it worth risking your family for?
Sometimes people hate to let go of things because they don’t think that same chance will ever come their way again. With a home, that is definitely not true. Depending on how the situation plays out, you will be able to buy a home within three years (maximum) if you take the time to rebuild your finances.
You may have heard that going to a housing counselor is what you need to do when you’re in trouble. The purpose is finding a HUD-approved counselor is partly to explore ways to save the home, but these people can also lead you to resources to help you rebuild your credit, find rental housing, and maybe even find a job, if that that is part of the reason your finances have become unglued. Not every solution to your financial problems will result in your keeping your home, but there are solutions that will help you overcome your current circumstances with dignity and assure a better tomorrow.
Sell Your House, Fast.
One solution you may not know about is selling your home for cash. Admittedly only one of many options, but it is a great way to sell your house fast. There are some scammers out there who promise to do this, but a legitimate company that can alleviate your obligations by purchasing your home could be a way out for you without having to suffer some of the more drastic consequences.
Alberta Buyers has been buying properties from distressed homeowners in the Calgary, AB area since 2003. Regardless of whether you are late a few payments, have no equity, or need a lot of repairs, we can help you. Wondering how this works? Check out our Frequently Asked Questions for an overview of program, then call us today at 1-(403) 879-2502 and get your life back.