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Buying or Renting Post Foreclosure Trouble

By
Real Estate Sales Representative with DIR-USA.com

We Buy Houses Fast – Woodbridge VA: You may have been one of the recent homeowners that experienced facing foreclosure. If you did, have you considered home ownership again, or are you gun shy where that is concerned? Since it is so very stressful to have your very home threatened for lack of the income to cover the payments, many people don’t go on and start their lives fresh including home ownership once again.

Buying or Renting Post Foreclosure TroubleThe sad thing about this is the fact that many are throwing their money away after rent payments. If your foreclosure didn’t go through and you managed to sell the house or otherwise pay off the mortgage before it could be registered as a foreclosure on your credit, it is possible for you to approach home ownership once again.

The fact is, renting should only be done if you must. If you are renting until you have built up a down payment for a house and getting your bills under control, then that’s fully understandable and even admirable. A plan for the phase that follows renting should include home ownership if you have been able to keep your credit on track.

It is always preferable to own rather than to rent as you want to be paying yourself as you pay off your mortgage. Paying rent is only useful to the landlord who is buying investment real estate property with your money and you will never see that money again. Paying your own mortgage is like putting money away for your future, while giving you and your family a home to live in in the meantime.

Saving your credit is very important. If you are currently involved in some type of foreclosure you will be wise to try to stop it before it comes to the end of the process. Once that happens there is no saving your credit and it will be hard to overcome for several years.

One way to save your credit is by selling your house and getting the lender paid off. You will need to leave your home, but it will give you a chance to buy another home in the near future. This is a much preferred scenario over letting the foreclosure happen and the house repossessed by the lender. Your credit will be in very poor shape with a foreclosure on the record. Call an investor for a quick offer on your house and the whole process could take place within a week in many cases.

 

Buying or Renting Post Foreclosure TroubleMy name is Jenny, I am a local real estate investor located in Woodbridge, VA. I am a very well funded cash buyer who can close in one week. I purchase around 30-40 homes per year in the greater Washington area. I will not waste your time and will have an offer to you within 48 hours.

Please call me at (703) 499-0111, so I can tell you how we can buy your property quickly, with no hassles and most importantly, at a fair price.

All calls are completely confidential and there is no obligation whatsoever. You can reach me at (703) 499 0111 and I will be happy to talk with you about purchasing your home! If you prefer, please complete our online home seller questionnaire from our website at hwww.jennybuyhouses.com

We Buy Houses in and around the following locations of Virginia: Springfield | Woodbridge | Lorton | Lake ridge | Occoquan | Colchester,Agnewville | Ethel | Dale City | Montclair | Dumfries | Cherry Hill | Triangle | Quantico station | Quantico | Midway Island | Garrisonville | Aqua Harbour | Coal Landing | Stafford | Arkendale | Fredericksburg

 

 

 

 

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Comments (1)

Margo Currie
Exit 1 Stop Realty - Saint Augustine Beach, FL

You are in a very interesting business. All of this just seems so sad... people losing and leaving their homes.

Feb 23, 2011 12:12 PM