If you are facing the possibility of foreclosure soon or in the future, perhaps you are wondering can you get your house in Brevard County back after foreclosure. After all, you need a place to live!
Unfortunately, once the court rules in the favor of your lender and agrees with the lender to go proceed with foreclosure, it is very hard for you to get your house back.
Instead of wondering can you get your house in Brevard County back after foreclosure, here’s another option…
The good news is, if you are not in foreclosure yet, you still have options.
The first and the best option is to pay off your mortgage or work out a payment plan with your lender before foreclosure. They prefer to keep you in your house and instead just collect the money owed to them.
If paying off your mortgage is not an option for you at this time then you may decide to do what a lot of homeowners facing foreclosure are choosing to do: Sell your home before the home is foreclosed upon and pay the lender what is owed to them.
While this is not an ideal option because you’ll have to give up your house, it’s still a preferable option to foreclosure because you’ll have cleared up your debt to the bank and you won’t have the long-term negative impact to your credit score that a foreclosure would have.
The option of selling your house fast before foreclosure is proactive and long-term, which is why homeowners facing foreclosure love it: it is proactive because you are taking control of your financial situation; it is long-term because you are accepting the short-term discomfort of selling your home in exchange for the long-term benefit of a better credit rating.
Here’s a secret to selling your Brevard County area home fast so the bank can’t take it
How can you sell fast? You could work at trying to find a buyer to take your home. However, a faster and easier option is to find an investment company that buys houses as-is for cash, fast. Instead of spending all of your energy and time trying to locate a buyer, companies like House Beagle will buy the house from you at a reduced price, for cash, and very quickly.