Do: Sell your home to an investor
• Sometimes selling to an investor makes the best sense. If time has run out and the foreclosure sale is close, selling to an investor may be a viable option. Investors can come in with all cash and be able to close in a few days to avoid the foreclosure auction. They are able to buy the house as is with no repairs required. Many times they will buy the house without you having to clean anything out. Some of the investors I have worked with will even help facilitate your move to a new home. Selling with an investor you can avoid having to keep your home in tip top shape all the time and can avoid the hassles of have strangers walking through your home looking at your personal items.
Don’t: Fall for scams
• Remember, real help from the government is always free. Beware of mortgage-relief scammers, especially if they ask for a fee in advance. • If you’re contacted by a scam artist, file a complaint by contacting the Federal Trade Commission (FTC). If the scam involves bankruptcy, contact a local U.S. Trustee office. • According to the federal website USA.gov, scam operators find potential victims in several ways: Advertising online and in local publications. Distributing flyers. • Contacting people whose homes appear in the foreclosure notices. (They can easily find these notices online or in a local newspaper.)
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