Here at Enlight Homebuyers, we meet with people all the time who are in foreclosure and they all ask us the same question: “Can I get out of foreclosure?” The simple answer is yes! You have a few options to stop foreclosure. So consider this your guidebook called, “How to Stop Foreclosure in Indiana.”
Pay It Forward
Okay, this literally means to pay it forward so that your mortgage is current. This is the simplest way of stopping the foreclosure process. So idea number one in your guidebook is to pay it forward.
This may be the most difficult option though. We completely get it! This is a difficult process and if you are thousands of dollars behind in payments, that money may be hard to find. Here are some ideas on how to get those funds.
- Borrow from your parents, grandparents, or a relative (everyone has a rich uncle).
- Sell, sell, sell all of the excess junk around your house (we all have that old cedar chest full of junk. Who knows? One man’s junk is another man’s treasure).
- Pick up an extra job (it really isn’t that embarrassing to work a second job, especially if it means saving your family from homelessness).
- Sell the car and get a bike (cardio exercise is extremely important for your heart).
Like we said, even if you do all of the above, you still may not have enough funds or may not get the funds fast enough. So, let’s move on to idea number two in “How to Stop Foreclosure.”
Sell the House
It does sound crazy. You put in all of the effort to make your house a home. You have made it into the place where you have raised your kids. They love this home and so do you. You even put the swing set in yourself a few years back and now we are telling you to just forget it all and move on?
It sounds crazy, but yes. That is exactly what we are telling you. If you are able to do this, you can get the house out from under you. The Balance lists this as the number one way of stopping a foreclosure. You get a new start and can downgrade to something you can afford or maybe you can rent somewhere. Either way, it gets the house from under you and stops the legal system from coming down on you and your credit. Trust us, that little black mark next to your name that says you have a foreclosure under your belt is not a badge of honor.
Sometimes in the state of Indiana, selling a home can be difficult. It can take a long time and time is something that is not on your side right now. This leads to our third and final idea on “How to Stop Foreclosure.”
Sell Your House to Us
We buy houses for cash within seven days. That is the major benefit for you when you work with us. We can literally get the cash in your hands within seven days. Time is on our side and will help you stop the foreclosure you are in. We have a fast, simple process that makes it easy for you to understand. We don’t overcomplicate the process at Enlight Homebuyers. We can buy the most run-down house or the nicest home on the market. Let us get started today by filling out the form below.