Brick specializes in providing fast Cash Offers to help homeowners avoid foreclosure in Ogden, Utah with a simple and easy home buying process. If you find yourself searching “Can’t afford my Ogden, Utah house” then you’re in the right place.
Some of the most stressful life events include job change, moving, foreclosure, and financial or job loss. Not only does a foreclosure impact your life immediately (finding a new place to live, leaving your current home, feeling embarrassed or frustrated), but it can have long-term consequences too.
Ways to prevent foreclosure in Ogden
Brick provides a number of different real estate selling solutions because we care about our customers and understand that they need simple and flexible solutions. Property owners who can’t sell houses in Ogden may have to foreclose on a home. If you can’t sell your house and have to foreclose, you will have difficulty purchasing a home for at least four to seven years following their bankruptcy.
We buy houses for Cash in Ogden in any condition, whether it has flood damage, mold, a leaking roof, a cracked foundation, or peeling paint. Don’t worry about paying for or managing repairs because Brick Offers will buy as is. We are truly a stress-free selling solution for homeowners.
Here are a few ways you can prevent foreclosure in Ogden, Utah:
Communicate with your lender
Nobody enjoys talking to bill collectors. Your lender may provide foreclosure assistant in Ogden. Ideally, you should writing a financial hardship letter to your lender. Reach out to your lender as soon as you realize that you’re going to have trouble making your payment. Many Ogden lenders are willing to work with homeowners to find ways to help stop foreclosure, if they communicate.
If you talk to your lender early enough, you could discuss options of foreclosure relief, like a refinance, loan modification, or forbearance. If you wait too long, these might not be options anymore.
Consider a loan modification or forbearance in Ogden, Utah
Foreclosures in Ogden are expensive, and they take a long time. Lenders don’t want to lose their investment, so they may be able to offer you alternatives. A loan modification could extend the repayment term, lower your interest rate, or lower your monthly payment. This can help foreclosure by modifying instead.
Forbearance allows you to skip payments for a set amount of time. Depending on your lender, the total skipped may be due as soon as you end forbearance, or they could add the payments onto the end of your loan.
Review your budget and consider selling assets
If you’re unable to make payments, take a long look at your budget. Cut out anything that’s non-essential. This may include expensive cell phone plans, car payments, cable, streaming services, dining out, and new clothes. Limiting your budget to essentials may give you enough wiggle room to catch up with your payments.
Hit up your local Ogden library for free entertainment and check out local thrift stores for clothing and other items at a discount.
You may need to consider selling assets like a second car, jewelry, and electronics.
When you’re close to losing your house, getting help may be an excellent way to buy you a few months to catch up. Check with your local HUD office or the Department of Health and Welfare to see what type of services you might qualify for that could help you set aside funds for your mortgage payment. Help foreclosure is out there in Ogden.
Sell your home for cash
Selling your Ogden home can be the easiest way to avoid foreclosure. Traditional sales can take time. If your home has significant issues, you may not be able to sell your home without making repairs. We pay cash for houses. We understand the emotional and financial toll a distressed home causes, and we want to help make your transition easier. We’ll buy your home, in any condition. We’re also willing to work on your timetable to ensure that your move is as smooth and painless as possible.
Call us today and let us help you get cash for your home so you can make a new start.