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Can I Sell My House Before Foreclosure in Cleveland OH?

If you are asking “can I sell my house before foreclosure” you are in the right place.

The answer is YES. You can avoid the harmful effects of foreclosure and not ruin your credit. This is accomplished by selling before foreclosure. Learn how below. If you are ready to sell then contact us to discuss your situation and get a cash offer.

Tim is Facing Foreclosure. This is His Story.

man looking at watch - Can I Sell My House Before Foreclosure
Facing foreclosure is stressful.

Tim was a shop manager at a local machine shop in Cleveland. He had his job for years, and he worked hard, really hard. He went to work early and stayed late every night trying to secure his job and support the company who had been struggling. Tim was truly a team player.

However, four months ago his fears came true. His boss called him into his office. The company had been struggling, which Tim knew. His boss informed him that they would need to cut his hours due to a lack of budget. Worse yet they couldn’t guarantee if or for how long they could keep him on for.

Tim’s hours got reduced in half meaning his income was reduced in half and the small amount of benefits he got as a full-time employee were now stripped away.

Tim still has a mortgage payment he has to pay every month for a house he could barely afford as it was when he was working full-time. He still has to pay his utility bills: water, sewer, electric, etc as well as his cable bill, phone bill, internet bill, food to eat, gas to get to work, etc. And now he has to pay for his own health insurance coverage because of medical conditions he can’t afford not to have insurance.

Tim is constantly worried about money.

He has tried to find another job and temporary work to supplement his job, but he hasn’t been successful.

In the meantime Tim’s unpaid bills are piling up. He is delinquent on his property taxes and water bill. Worst of all he is in default on his mortgage and is extremely close to the bank filing foreclosure.

Tim sits at his kitchen table worrying and stressing. He tries to think of a solution. If he can’t find a job quickly he will be in foreclosure. Even if he does find a job he is so far behind it might be too little, too late.

Tim sits and thinks looking for a way to get out of his mortgage obligation before the bank forecloses on his house and he loses it along with ruining his credit.

What is foreclosure?

According to Investopedia:

“Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property. Typically, default is triggered when a borrower misses a specific number of monthly payments, but it can also happen when the borrower fails to meet other terms in the mortgage document.”

Investopedia

You Might Be Facing Foreclosure Due to Many Reasons

Foreclosure can happen quickly to anyone, at any time, and for several reasons.

Some of the many reasons include:

  • Your adjustable rate mortgage has reset and you can’t afford the new, higher rate.
  • You’ve experienced a financial setback, such as unemployment, like Tim in the story above, making it hard to pay your bills
  • Health issues resulted in massive healthcare bills, making it hard for you to pay all your bills

Regardless of the reason facing foreclosure is stressful. But do know that you don’t have to foreclose your home.

If you are asking “can I sell my house before foreclosure” in Cleveland…

The answer is yes. You can sell your house before foreclosure. We aren’t the only solution, but we offer a quick and easy solution! We buy houses in Greater Cleveland Ohio and we can buy your house for cash and close before foreclosure.

Get a Cash Offer Within 24 Hours

We work fast to get you a no-obligation cash offer for you house within 24 hours.

If you like the offer, and only if it works for your situation we can move forward. If you are not completely satisfied with the offer we make to buy your house, you don’t have to accept it. There is absolutely no obligation.

We’d love to talk to you today about the house and your situation. We’re here to help even if you decide not to sell your house.

Give us a call at 2168778430 or fill out the form below to get started. We look forward to talking with you.

FILL OUT THE FORM TO GET STARTED

*Your information is strictly private.

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