Dallas Cash Offer understands the foreclosure process within Texas extremely well. We have successfully saved many people from losing their house to foreclosure. Foreclosure is a very common event in today’s environment due to the number of folks who leveraged 100% financing, sub-prime loans, declining market values, loss of jobs & employment. The foreclosure rate is near the highest levels we have seen historically.
If you are up against the foreclosure clock here in Texas, you should understand that time is never on your side. The more time Dallas Cash Offer has to react and help you, the better the outcome will be. If you do nothing, there could be several negative outcomes such as potential lawsuits, credit score impacts, deficiency taxation, and the potential to lose your house and any equity. In order to stop the foreclosure process, you should engage an expert who can guide and navigate you through the foreclosure process and help stop the foreclosure proceedings.
The Dallas Cash Offer teams are experts in buying distressed homes within a very short time-frame. We understand how to slow the foreclosure proceedings down so we can successfully buy your more time or purchase your home before the bank takes back possession. If you are behind on payments and the foreclosure process has started, please contact Dallas Cash Offer today to discuss our foreclosure proceedings.
Some Tips to Stopping Foreclosure Below
At the point of foreclosure you basically have two options.
1) Hold out until you can get enough money to pay off your creditor.
This option is good only for those who are able to produce large sums of money to pay off the creditors. If this is the case you can wait until you get the money and pay off the loan completely. Do not expect your creditor to resume payments as you will have to pay off the loan in its entirety.
2) Sell your house at a discount.
This is generally the only other option. If you are not able to get the money to pay off your loan in full, you will have to sell your house fast before the bank forecloses.
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