Foreclosure is a situation in which a homeowner is not able to make their repayments, this allows the lender to take control of the property, evict the homeowner and sell the home, as required by the mortgage contract. You do NOT want to find yourself in this position - here's someways to avoid this!
1. Try Not To Miss A Payment
Missing a repayment on your mortgage isn't the end of the world.. but it is something that would need attention too when you've purchased your own home. Setting reminders to pay weekly, fortnightly or monthly is the best way to insure you don't skip one!
2. If You Know You May Be Having Financial Issues - Contact Your Lender
Lenders aren't all bad, if you are having financial issues and need some assistance - contacting your lender they'll be able to point you in the right direction for some of their options to help borrowers through difficult financial times.
How Can First Choice REI Help Me To Avoid Foreclosure?
We pay CASH to people who are wishing to sell their property here in Arizona and offer FREE valuations on their homes ( We won't inflate our valuated or be influenced.. we'll give you the truth! ). If you're based in Phoenix, Tucson or Flagstaff or anywhere in between in Arizona - we'd love to hear from you! If you're looking at selling, want a FREE valuation and OFFER on your property within 24 hours use the link here - https://phoenix.firstchoicerei.com/we-buy-houses Or call us here - (623) 363-1440
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