How You Can Avoid Foreclosure
Don’t let yourself be one of the millions that have lost their home to foreclosure. A foreclosure can be extremely detrimental to your financial and personal well-being. If you are late on your mortgage payments and a solution is not in site, there is still hope, but you need to act fast as the foreclosure process can happen more rapidly in the state of Minnesota compared to some other states.
Our CEO knows first hand the feeling of losing a home and the sleepless nights that accompany this difficult situation. He was 21 when he experienced the loss of his family’s home from a divorce between two family members, which led to back mortgage payments and creditor hassle. Unfortunately, there was NOT one person who offered a solution. This experience gave him a passion for real estate, and a desire to help people with FAST. FAIR. Real Estate Solutions.
A foreclosure is devastating to your credit. Unfortunately, your credit can be impacted negatively for 7-10 years. Purchasing or even renting another home may be more difficult due to the foreclosure. If you can no longer afford to keep your home, it may be in your best interest to protect the equity that you have accumulated as well as maintain your credit rating by not allowing the foreclosure to take place.
Be advised that you can stop the foreclosure process by selling the property prior to auction. Benaiah Properties will share options with you that are based on assisting you in selling your home to us. The bottom line is that your situation is NOT hopeless… You certainly have options that can stop the foreclosure process. It’s up to you to investigate your options. One option may be to Seller Finance your home to Benaiah Properties that could alleviate the stress of your situation. Please fill out the form as soon as possible and we will contact you to discuss your particular situation and all the details about purchasing your home so you can avoid foreclosure.
