Nov
18
What Can I Do To Avoid Foreclosure If My Mortgage Is 5months Behind? Is There An Organization That Can Help M
ByYou should first try to work out something with your current mortgage company. See if they won’t refinance your loan and add the 5 months to the end. Before things get any worse, you could consider selling now. But you’re close now to the foreclosure notice. Best to contact your loan company tomorrow and try to work this out.
6 Comments
November 18th, 2009 at 4:47 pm
My mortgage was 6 months behind and I was able to sell my house, payoff the outstanding balance and avoid foreclosure.
I would not take on additional debt to pay a late debt. The other poster will also foreclose on your home if you don’t pay her AND the first mortgage.
November 18th, 2009 at 7:40 pm
I am a loan officer. Have you tried a foreclosure bailout loan.what is the present value and the amount you owe. I can let you know if you would qualify fot this type of loan,most banks wont do this type of financing. The banks that do will charge higher interest rates due to the circumstances but it will save your house
November 18th, 2009 at 8:53 pm
On the first of the month, in most cities, the United Way has funds to help you.
November 19th, 2009 at 1:36 am
Yeah, I can help you. Give me a call at (510) 596-3526. I work with a company specializing in Foreclosure Avoidance.
November 19th, 2009 at 5:03 am
Ya. It’s called http://www.payyourgdbillsontime.com !!!!!
November 19th, 2009 at 10:46 am
If your loan to valve is below 70% in most states, you may be able to refinance it. Montgomery Capital Corp. http://1stmdloans.com