5 Fastest Ways To Stop Foreclosure

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(Newswire.net — December 6, 2013) Houston, TX — The Woodlands TX 

According to Denice McAdams, of Help 4 Foreclosure, even in good markets average time a typical house takes to sell is about six months. And that’s homes in great condition.  Unfortunately, in today’s market, many homes remain unsold for much longer periods of time. Even immaculate move in ready homes sit unsold and often unseen, let alone homes in less than perfect condition.

 

According to HAR (Houston Association of REALTORS®)The median price of a single-family home—the figure at which half the homes sold for more and half for less—rose 8.9 percent to $177,500. The average price increased 7.9 percent year-over-year to $239,773. Both figures represent the highest prices for an October in Houston.” Also they noted that, “Foreclosures currently make up just 7.5 percent of all property sales, down from 19.6 percent at the beginning of the year. The median price of foreclosures edged up 0.9 percent to $85,706″

 

In the higher end homes there has been and increase in foreclosures. CBS News reports, “Foreclosures in the ultra-high-end housing market — homes worth $5 million or more — have skyrocketed 61 percent over last year.”


Whether a homeowner is in the lower end of the market or the higher end of the market they need help. Short Sales are the obvious choice but Denice McAdams has publish a list of 5 things the each owner can consider.

 

Denice says “when a homeowner gets into this situartion they need to sell a house in quickly. For many going the traditional route and working with a real estate agent, or trying to sell the home themselves ‘by owner’ is the only option they considered”.

 

This is fine in a strong market or if the home has a lot of equity where the homeowner can dump the property at a heavily reduced fee. But if this is not at scenarios a homeowner must look for different, faster alternatives.

 

This report addresses this situation.

 

The Report also tells how they can quickly sell their home in today’s market and event avoid foreclosure.

 

 

The options discussed are:

  1. Bringing the loan current
  2. Working out a forbearance plan
  3. Selling the house to cash buyer
  4. Selling through a short sale
  5. File for Bankruptcy (not recommended)
Bonus Section
  • A deed in lieu of foreclosure
  • A loan modification

 

 

They are offer a free report to that discusses these 5 options you can get it here http://www.Help4Foreclosure.com

The MD Factor

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