It's often possible to avoid foreclosure even if you're two or three payments
behind. Sometimes you can avoid foreclosure up until a week or even less before the auction is scheduled. And, yes, sometimes
you can even do it yourself. We've included a number of resources below to help you in case you're facing foreclosure. They're
free--no cost or obligation whatsoever. (But if foreclosure does happen, we have several programs that may be able to get
you on your feet again. Click here for more information.)
A few of pieces of advice:
If you think you may be facing a problem paying your mortgage, take
action as soon as possible. The longer you wait, the fewer options you'll have and--frankly--the less equity in your
home you'll be able to retain.
Be realistic. Some people facing foreclosure are "in denial."
They say, "It can't happen to me." Or "I know I can get a loan from my [brother, sister, family, co-worker]." Or "I've got
other things to worry about right now." As we suggested above, start taking action now. If that loan does come through, great.
But don't bet the house on it.
If you want to avoid foreclosure and remain in your present home, be
very careful of solutions anyone offers. It can be done in many cases, but there are also a lot of scams designed
to take your home away from you.
Understand all the papers you're asked to sign.
Read them yourself and--if at all possible--get a lawyer to review them. And do this before, not after, you sign them.
If you live in Maryland (or certain other states), special laws
have been passed that apply to buying houses from people facing foreclosure. The Maryland law is SB 761. Frankly, the law
has a lot of problems with it and it has limited the ability of investors to help people facing foreclosure. But it does offer
people facing foreclosure a lot of protection. Ask a lawyer, a real estate agent, or a foreclosure consultant about SB 761.
(There's no similar law in Virginia.)
If you're facing foreclosure, we hope you'll contact us. Fill out the form
below or call us toll free at 866-HOME-WE-GO (866/466-3934). There's no cost or obligation. At the very least, please read
the information below, and act sooner, rather than later.
Privacy Notice: All information you provide will be kept strictly confidential and will not be shared or
provided to anyone outside Solutions 3D. We ask for the information below so we can provide you the best (the quickest and
largest) offer possible.