Are you behind on payments or about to be? Are you facing foreclosure and financial ruin? Do you owe your lender more than your house is worth making it difficult if not impossible to sell? If you answered yes to any of these questions, you need to read the rest of this short article.
If your Dacula Georgia home is facing imminent foreclosure, this is a very serious situation that you must address immediately. If you do nothing and allow your home to go to foreclosure your credit will be ruined for many, many years, even if you file bankruptcy, making it difficult to buy a house or survive in an economy that runs on credit and credit cards.
You might think that there is nothing you can do about stopping foreclosure, but you in fact have several options to choose from, such as refinancing if your credit is still good, temporary arrangements with the lender such as a forbearance or loan modification, a deed-in-lieu or a short sale. All these options will help you stop and/or avoid foreclosure even if only temporarily.
The good news is that many homeowners in Dacula, GA are choosing the short sale option to stop and avoid foreclosure and you can too. If you are facing a financial hardship and your lender agrees to allow you to short sale, this will allow you to sell the house for what it is worth which is often less than what you owe in this down real estate market. If you can quickly find a buyer who is willing to pay the short sale payoff amount, you can sell your house, avoid foreclosure and often have your lender fully satisfy your mortgage. This means that your lender will not come back later with a deficiency judgment. Even if your lender sends you a 1099 for the deficiency, talk to your accountant and you should be able to get this tax consequence waived per the Mortgage Forgiveness Debt Relief Act of 2007.
More good news... If you're looking for someone locally in Dacula, GA to help you with the short sale process and buy your house via short sale, no matter what the condition of your house might be, consider selling your house fast to a local professional homebuyer who specializes in buying short sale properties. They will make you an offer, handle all the paperwork, put your house under contract, negotiate with your lender on a fair purchase price and close as quickly as your lender will allow. By submitting an offer to your lender along with the lender's short sale package of documents, your lender will often stop the foreclosure process long enough to complete the sale of your home using the short sale option.
If you are facing foreclosure in Dacula, Georgia or any of the surrounding areas in Gwinnett County such as Lawrenceville, Suwanee, Buford, Sugar Hill, Auburn, etc. and want to sell your house to a local professional homebuyer, visit www.WeBuyHouses.net and complete the online seller questionnaire. When you do, one of their local Dacula professional homebuyers will call you and see if you qualify for the short sale option. If you do, they will setup an appointment to come meet you, inspect your home and buy it on the spot.
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