John reached out to us to sell his house as he was scheduled for foreclosure. After a few meetings and a verbal agreement he stopped answering calls and emails. We thought he had decided to do business with someone else.
Three days before the auction sale he called in a panic. He wanted to sell his house as he did not want to have a property sold at auction in his record.
You have to wonder: what happened? As we found out, the house was awarded to him during a divorce he did not want. The house had all his memories of better times. And it was hard to get a grip into reality….
There is a reason behind getting behind in mortgage payments. Is this a financial reason? Is it a medical reason? Is it an emotional reason? We have seen all these reasons play different roles. Does this reason have an unknown outcome? If unfortunately you or a family member are facing a long term medical condition this can drain the finances of anyone. So the best option for you may be to sell your house fast to limit the losses and get the most cash for your property. If your situation is a temporary loss of you job then re-financing may be the best option.
Action is of the essence in any case though. We are here to help you define what option is best for you and your loved ones!