Why stop foreclosure?

Why Stop Foreclosure? Everyone worries about the effects a foreclosure will have on their credit. In the state of Nevada, formal foreclosure does not take place unless, during a court hearing, the Judge grants the plaintiff (the lender) the foreclosure. Until then, you are in "Preforeclosure", which means you are in the process of foreclosure, but you have not yet lost the home and it has not affected your permanent credit.

Your credit at this point will show late payments or derogatories, on your mortgage. For example:

90 days past due 2 times

60 days past due 3 times

Late payments do not look good on a credit report, but they are infinitely better than a foreclosure. Most people are not aware that a foreclosure stays on their credit report for the rest of their lives. This is why you want to stop foreclosure from happening to you. Working with an investor who is willing to negotiate with your Lender, their Attorneys, and the courts is your best option when it comes to getting the house sold by various means and thus “Paid Off” before it becomes a full Foreclosure. Working with a professional investor who can stop foreclosure before it happens is generally the best way to protect your credit.

Most people in your situation generally think that refinancing their home is the best way to stop foreclosure. Unfortunately, this option is only possible if you already have a large amount of equity in the house. In other words, your house must be worth a lot more that what you owe, in order for this to be a viable option. Further, it will be next to impossible to refinance a home with a credit report that contains recent late payments, especially on the mortgage for which you are attempting to refinance. It is simply not going to happen.

So are you ready to stop foreclosure? There are a few options that will help you in your situation. One solution will only stall the foreclosure and you would be forced to pay thousands of dollars and likely lose the house in the end anyway. Another solution would allow you to remain in the house, but it would likely cost you more money each month than you actually make in three months. We have a solution that can stop foreclosure from happening and possibly give you cash back, not to mention give you a fresh start in a new home. This option does require you to move out of the home that is in foreclosure, but it leaves you in a better situation.

If you would like to stop foreclosure and put an end to the nightmare permanently, avoid having to make payments you cannot afford, avoid the humiliation of public record and create a positive experience, then you are invited to call us.

There is no out of pocket expense to you to stop foreclosure when you work with us. We will take care of all up front expenses in dealing with the Mortgage company, lien holders (including the IRS), Attorneys, Realtors, and any possible Marketing or Rehab cost associated with your home. We only profit when we sell the house. If we lose any money we invest in your home that will be our concern and you will never be asked to pay. We will stand by our word and service, and have a strict, complete confidentiality policy. Please call today so we can help you stop foreclosure or register for our Manage My Short Sale system, located within our website atwww.foreclosurereliefproviders.org