How to Avoid Foreclosure on your Southern New Hampshire house
- Call Your Lender
As soon as you realize you might have trouble paying your mortgage for your home in Southern NH, contact your lender. Tell them about your financial difficulties. This gives them the chance to work with you, not against you, and create a plan of action. Be sure that you don’t stop paying your bills before talking to them. Don’t wait until you can’t make payments before you speak to your lender.
- MHA Still Offers Guidance
The Making Home Affordable (MHA) Program is no longer available but this still offer help if you are having trouble working with your mortgage provider. This organization provides free counselors. They can give you advice and assistance with keeping your Southern New Hampshire home, or help you get out safely. If you need help making an important decision or just have questions you can visit their website at www.makinghomeaffordable.gov or call their hotline 1(888) 955-HOPE anytime. You may still be able to get a modification plan through your mortgage company to suit your budget so that foreclosure can be avoided. Your state housing agency may also have a foreclosure avoidance program as well.
- Foreclosure Scams
Scammers often contact homeowners who are having trouble with their mortgage payments and offer to help, knowing they are desperate to keep their Southern New Hampshire homes. They often find their victims by advertising online, distributing flyers, contacting people whose homes appear in foreclosure notices, and target specific religious or ethnic groups. These criminals will promise to help you keep or sell your home without having to go into foreclosure at all for a fee.
Do not fall for this, they aren’t really trying to help you, they are just trying to take your money! Be sure that you are aware of the tricks these scammers use. They may offer to negotiate with your lender, advising you that filing for bankruptcy can help stop a foreclosure, and offer you fake legal help. Know the warning signs to protect yourself against these potential downfalls!
Follow these simple steps and you’re on the right track to keeping your Southern New Hampshire home. If things can not be worked out after exhausting all options we can help you make an agreement with the bank to extend foreclosure and sell your home or even short sale your home, if you owe more to the bank than the house is worth on the market. Whether you're behind on payments or not, don't be embarrassed, we can help you make the best decision for your particular situation.
If you are looking to buy or sell a home for sale in Southern New Hampshire give our qualified agents at Harmony Real Estate a call today at (603) 883-8840. We would love to help you keep your home if possible, extend your foreclosure date and get back your equity, or even short sale your home if there is no other possible option.
