During times of financial crisis, the bills can pile up quickly, making a deeper financial hole. For homeowners, it can be a particularly nerve wracking experience, especially when the bank that holds the mortgage begins to tack on fees and threaten foreclosure. Foreclosure on a home is every homeowner’s worst nightmare. Having a home taken away from you can seem like the ending of a dream, however with the help of an Indianapolis short sale Realtor keeping a home out of foreclosure is a possibility.
When you recognize that you will not be able to afford the mortgage on the home any longer, call an Indianapolis realtor who is experienced in the short sale arena. A short sale means selling the home for less than you owe the bank on the mortgage. Before performing a short sale, you must get approval from the bank. Your best chance at approval is to get the help of a realtor experienced with ways to avoid foreclosure Indianapolis.
By contacting a short sale Realtor, you can receive information on the Indianapolis pre foreclosure process. Foreclosure is generally a long process, with many steps and procedures that must be followed in between. If you receive a foreclosure notice from the bank, you are not out of the game yet. It may be possible for the professionals at www.ShortSaleIndyHome.com to guide you through an Indianapolis pre foreclosure sale. Through a short sale, the bank accepts a lower amount for the home than owed on the mortgage, and then forgives the remaining debt of the homeowner. Forgiveness of the weight of debt for a home will offer you and your family the fresh start that you need to restart life.
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