Foreclosure or Short Sale? What Happens If I'm Still Living In The Home After Foreclosure?
I've dealt with people having to move out of their homes after foreclosure and most of the time, it's not the greatest experience for them. They get a knock on the door one day or see a letter taped to their front door.
People worry about their credit after a foreclosure but what about their feelings? I remember a woman sobbing and saying she wanted to kill herself. She told me that she had bought the home with a pool and pictured having children that would eventually play in the pool. She and her husband started having money problems. He decided to leave and left her to handle the situation on her own. She filed for bankruptcy and the home ended up foreclosed. Who would want to rent to someone with a foreclosure on their credit record? Where would she go? The bank was offering her cash for keys -- money to help with some of her expense in exchange for the keys to the home being vacant. Well, she did move out when she was supposed to. One of the neighbors let her store some of her stuff at their place because she did not have enough room where she was moving. There was someone out there that understood her situation and was willing to give her a chance and a place to live. She was not crying anymore. She was moving on with her life after foreclosure.
If you or someone you know is facing foreclosure, you're not the only one. There is life after a foreclosure.
Need foreclosure help? Feel free to contact:
Sara Mehrpouyan
Rodeo Realty
Short Sale and Foreclosure Realtor Specialist in Los Angeles & Ventura County
818-903-2040
www.Short-Sale-Vs-Foreclosure-Help.com
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