Avoid Foreclosure Woodbridge
Robert called Express Homebuyers on Friday June 27th at 9:30 in the morning and spoke with Greg Allen, an Acquisitions Associate. Robert told Greg that he was in a bad situation and that he had a foreclosure date of July 11th. That was only 2 weeks away and with July 4th holiday weekend in between, that meant we were very short on time. Robert asked Greg “how can I stop foreclosure” as he was interested in saving his equity. If unable to stop foreclosure fast, Robert would lose the hard earned cash he had into the house. Greg did some research while talking to Robert on the phone and discussed some options. They collectively came to the conclusion that they would be a fit for each other.
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Greg drove down to meet with Robert and his wife that day around 10:45am. Greg walked through the property on Fox Glove Ct, Dale City, Woodbridge and confirmed everything that he and Robert had discussed earlier on the phone. After walking the house Greg sat down with Robert and discussed the sales agreement and explained in detail what the next steps would be. Robert and his wife showed Greg the foreclosure documents and notices from the Woodbridge foreclosure attorney. Robert and his wife then discussed that they had concerns about how quickly they would be able to move since it might be difficult to find a new place to live in just 2 weeks. Greg, as he often does, came up with a creative solution to their situation. Express Homebuyers paid over $7,000 to reinstate (this means to pay all the late payments and Woodbridge foreclosure attorney fees) their loan and bring it up to date to stop the foreclosure process. This gave them the time they needed to find a suitable place for their family to move into. Once they found their new home, Express Homebuyers went to closing right away and solved a very difficult situation for Robert and his wife.
How to Avoid foreclosure in Woodbridge VA
Robert and his wife didn’t have many options to avoid foreclosure on their Woodbridge Virginia home. They didn’t have the time or resources to fix up the house and list it with a realtor. Had Express Homebuyers not have been able to move quickly and buy their Woodbridge home fast for cash their home would have gone to auction and Robert and his wife would have likely lost their equity. By Express Homebuyers bringing their mortgage current it greatly helped their credit by avoiding a foreclosure on their record and keeping an additional month of late payment off their credit report. Additionally, had the home gone to auction Robert and his wife would have been evicted from the property shortly after the auction date.
If you are facing foreclosure and need to avoid foreclosure Woodbridge VA by selling your home fast please call us now at (877) 804-5252.