Indianapolis Pre Foreclosure help

Foreclosure Options For Short Sales

We Can Help You Get Your Home Sold And Pull Your Home Out Of Foreclosure! Remember, Our Services COST YOU NOTHING! Sign Up Below For More Information And For Our Free Instant Download Book We Wrote On Short Sales Entitled Should I Short Sale My Home. We Are Industry Experts!

 


Typically, a Indianapolis foreclosure is not the way to go, as this will affect your credit much more dramatically then taking care of the late payments by selling as a short sell. A foreclosure may take up to 10 years to be removed from your credit report and you will not be able to obtain a new mortgage for at least 7 years. Sometimes with short sales, you are able to obtain a mortgage in as early as 2 years.

What are some options to not going into foreclosure?

  1. Sell your home as a short sell, as explained in more detail elsewhere on this site
  2. Rent your home out. This is a good option only if you have the cash or cash reserves to make this work
  3. Ask your current mortgage holder to a loan modification. This could adjust your interest rate down from where it’s currently at.
  4. deed in lieu of foreclosure. This allows the homeowner to basically hand back over the keys to the mortgage holder without going through a full blown sheriff’s sale or Indianapolis foreclosure. Homeowner must vacate the property at this time. Sometimes the lender will not report this as drastically as a full foreclosure on the credit report.

We can discuss all these options with you when we meet you for your private and no cost consultation.

If you need to contact us immediately or your situation is urgent, contact us at 317-514-0005 or via the form provided below.

Fill out the simple form below for additional resources and information on how to short sell your Indianapolis home including our FREE instant download ebook we wrote on helping homeowners short sell their home. Remember, all information is private and confidential.

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