Northwest Indiana who have faced foreclosure Archives

10 way to stop foreclosure

Can I Sell My House in Foreclosure in Northwest Indiana? – How it works

Donald Torrence | April 30, 2020

There are a lot of folks in Northwest Indiana who have faced foreclosure in the past few years. Since the changes in the economy, a lot of banks have been shifting the way that they deal with foreclosures. Remember, the bank that carries your mortgage doesn’t want to see your home abandoned or auctioned. The […]

Typically, investors offer to purchase a property “as is,” many times sight unseen. As a seller, that allows you to avoid any costly repairs that would normally be considered your financial responsibility.

Forbes.com
Investors don’t typically need to go out and get a mortgage, and you won’t be anxiously waiting for the bank to decide whether your buyer can get a loan. They typically pay cash, and because they don’t need a mortgage they can close the transaction much faster than a more standard buyer. Generally, closing is less than 30 days for an investor, and it can be within just a couple of weeks in a lot of cases.

BiggerPockets.com
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Did you know there are 9 ways other than a mortgage modification that can stop a foreclosure? Let me tell you about them. I’m not trying to sell you anything, I am not a realtor trying to get a listing. I just do not like how banks treat people when they are having some bad luck. I am speaking from experience.