From January to April 2024, 95,349 U.S. properties were foreclosed on. That’s at least 95,349 families evicted from their homes in the span of 4 months. Georgia ranked 19th for the most foreclosures.
It will negatively impact your credit score. Credit reporting agencies may report foreclosures on your credit reports for 7 years.
Poor credit will affect your ability to get another mortgage, ability to get other forms of credit like a car loan and affect the interest rate you receive.
Losing your family home, your equity and all the benefits of home ownership is a very stressful and overwhelming situation to be in.
Getting out of pre-foreclosure and avoiding auction ensures that you can avoid losing your credit. America runs on credit and a low score is hard to build back up and can make life extremely difficult.
By law, once the home goes to auction, the property deed is auctioned off to the highest bidder and sold on the courthouse steps. It happens every 1st Tuesday of the month and it is a ruthless situation to be in.
In addition to other options that we will share with you, there are a few that allow you to take a portion of your equity back! In fact, that is what we specialize in helping you achieve if you choose those types of options and the circumstances allow it.
Based out of Atlanta, Georgia, we specialize in helping families avoid foreclosure and all the consequences associated with it. Here at ELOR Haven, we offer stress-free housing solutions to help you avoid the auction and escape the foreclosure process. Hard times can hit anyone at anytime. We understand how overwhelming this can be for you and your family. But we’re here to help, to serve, to encourage, and to help you push through this difficult situation. Foreclosures can be overwhelming and discouraging, but you don’t have to go through this alone. Call us today before your home goes to auction.
We offer 8 ways to stop foreclosure, including options that you can take to keep your house! We like to be straightforward, and we want you to know all of your options – whether you need to move forward with us or with someone else. We’re here to help – Let’s talk!
Call today to see how we can help you choose the best option for you and your family.