Get Help Avoiding Foreclosure in Phoenix, AZ

Everyone dreams of one day buying their own home. For many of us, closing that sale is a huge milestone. Unfortunately, closing a sale on your house doesn’t guarantee it will be safe from foreclosure. That only happens when you’ve paid off all your mortgage.

Avoiding foreclosure is simple — all you really need to do is choose the right mortgage term for you and keep up with the payments. However, the economy‘s volatility can adversely affect your ability to pay the mortgage regularly. When you miss too many payments, you can end up in foreclosure.

How to Stop a Foreclosure

Once you receive your foreclosure notice, explore your options and take action immediately. A quick way to prevent foreclosure in Phoenix, Arizona is to engage in a pre-foreclosure sale.

Enlisting the services of cash buying investors like Doug Hopkins is a painless and stress-free way to avoid suffering through a foreclosure. Contact us today if you want a quick and stress-free way to sell your home and prevent a foreclosure.

Other strategies may stall a foreclosure. These include reinstatement, filing for bankruptcy, and applying for a loan modification.

However, all these have heavy disadvantages:

• Reinstatement requires you to pay back your missed mortgage payments in a lump sum, which can prove impossible if you are in financial difficulties.
• Filing for bankruptcy will drastically and negatively impact your credit score for the next seven to ten years.
• Loan modifications are impossible in Arizona once your bank or lender has initiated the foreclosure process due to laws prohibiting dual tracking.

Why Sell Your Home for Cash Fast

Time is of the essence if you want to avoid foreclosure. It’s essential to make a firm decision without adversely impacting the years to come.

One of the best ways to avoid suffering an imminent foreclosure is to sell your property before the bank can auction it off. A trusted and well-known cash buying investor such as Doug Hopkins makes it possible to complete a cash home sale in just a day or so.

Many homeowners go this route since filing for bankruptcy automatically stalls foreclosure sales — even those scheduled within the next day or two. However, doing so will result in your credit score suffering for the next decade. In comparison, entering an as-is cash sale can be done almost as fast while not negatively affecting your credit rating.

The advantages of selling your home for cash fast include:

• Skipping lengthy lender approvals for a short sale
• Freeing up money trapped as home equity
• Immediate cash to pay off the mortgage
• Remaining cash may be used for rent or house down payment to start over

Where to Get Help Avoiding Foreclosure in Phoenix, AZ

In Phoenix, Arizona, Doug Hopkins and his team are widely recommended and positively received among homeowners, whether they are at risk of foreclosure or simply moving out and moving on. The company is also recognized among the top buyers of foreclosure properties in the U.S.

We offer a smooth and seamless buying process designed to help any homeowner in need of it. As such, we make sure to be fully transparent with all clients. You’ll know right away how much you can expect to receive.

We make upfront and honest offers that do not come with hidden fees, extra charges, or added commissions. You get the full amount stated in our cash offer. Our company will cover all other related costs, including the closing fees, so you get the full amount we quote for you.

Most importantly, we buy your property as-is. There’s no need to stage your house or spend money you don’t have on minor and major repairs. It doesn’t matter whether your home is distressed, in bad shape, or needs repairs. We evaluate homes in any condition and give fair quotations — then take care of all the necessary fixing up ourselves.

Deciding to Sell Your House

Selling your home fast for cash is one of the best ways to get help avoiding foreclosure in Phoenix, AZ. Still, we know it won’t be an easy decision to make, even in the face of a possible foreclosure. After all, there are a lot of factors to consider — what price will allow you to live comfortably? Where will you stay? How long can you continue to live in your home?

These are only some of the questions that may run through your mind. Luckily for you, these are all questions that our team at Doug Hopkins can answer. When you sell your house to us for cash, we can close the deal in as fast as seven days. However, if you need more time to sort out your living arrangements, you can choose the closing date to “sell my house fast“.

Doug Hopkins also gives reasonable price offers. We buy homes at fair prices close to their market value, just check our Doug Hopkins reviews. Call us today to request a free, no-obligation cash offer in 24 hours. Let us help you avoid foreclosure and save your credit score.