In danger of losing your house?
Have no fear.
This website has been established to inform
and educate homeowners in foreclosure and pre-foreclosure
about their options.
Yes, you do have options. But time is running
On this website we offer articles and free advice.
You need to make an informed decision about your situation.
And we want to give you the tools to do this.
Your Six Options
We believe there are five primary option for homeowners in
The first option is simply to do nothing.
Unfortunately, the majority of homeowners in Houston choose
this option. Either they do not know what to do or are too
overwhelmed to do anything.Simply praying and hoping things
will get better on their own is not enough. You must take
action to save yourself from foreclosure.
If you do nothing and the house is auctioned off, the
lender can still come after you if the sales price of the
house did not cover what you owe them.
The second option is to refinance your existing loan.
This is not an option for all homeowners, but if you can
refinance, then you should. Not only do you keep the home,
but you save your credit and your equity.Most banks and mortgage
companies cannot help you refinance out of foreclosure. Only
a handful of loan officers understand the process. If this
is an option for you, we can recommend a few companies that
you can contact.
Click here for more
information on how to refinance your loan.
The third option is to declare Bankruptcy. This option
will ruin your credit worse than it already is. And the new
bankruptcy laws make it much more difficult to file for bankruptcy
to save your property. But if this option will work for you,
we can recommend a couple good Bankruptcy attorneys that can
to see if Bankruptcy is right for you.
The forth option is to sell your house with a Realtor.
If you cannot keep the house, you might as well sell and
get as much equity as you can. Selling on your own is possible,
but with the auction date coming up so fast, many times even
with the tools of a Realtor, there is not enough time to get
your house sold and closed.
Click here to see if
selling your house with a Realtor will make sense.
You can try to sell yourself yourself, and here
is more info if you want to try, but with time being so
short before the auctioning of your house, you need as many
sales tools on your side. Selling yourself is simply not an
option, unless you are in a very hot market or desirable neighborhood.
The fifth option is to sell your house to an Investor.
Not all investors are created equal. There are plenty of
slimy crooks. There are also plenty of beginners who took
a weekend seminar parading around as experienced investors.
If the above options do not apply to you, you might consider
selling to an investor. If you choose this route, we can recommend
a few investors to help you.
to learn how to choose a good investor.
The sixth option is to try to give the house back to the
This is called a deed in lieu of foreclosure.Click
here for more information on this option.
WARNING: If you learn only one thing
from this site, let it be this: TIME IS AGAINST YOU. If your
house is sceduled for foreclousre, in Texas, you have less
than 21 days to fix the situation or the house will be auctioned
off. You must ACT quickly.
The fastest way we can help you
is in person. If you want to contact us for a personal, FREE,
Situational Evaluation, so we can explain your options to
call us RIGHT NOW