If you want to head off foreclosure, it’s important to be proactive.
If you know that you will have difficulty making your mortgage payments in the near future, contact your lender immediately.
Explain your situation politely and clearly and ask if you can negotiate a modified mortgage workout plan for your payments.
Don’t forget to also ask them if you qualify for any government bailout or recovery plans.
Lenders are much more likely to work with you if you’ve contacted them before the foreclosure process has begun.
Many people facing the prospect of foreclosure will decide that the best solution is to sell their house.
If this is your best option, then you have a particularly high incentive to sell your home as quickly as possible and for the best possible price.
This means hiring the best real estate agent for your area (not necessarily the one who promises you the highest selling price).
Your agent should have an intimate knowledge of your neighborhood, be able to identify comparable home sales and make this information available to you. Additionally, he or she should disclose the current market conditions, and have extensive networking abilities as well as solid negotiation skills.
If you have decided that selling your home is your best option, you will need to prep your home for showings. Hiring a professional Home Stager is the single best way to outshine your competition.
It might seem counter-intuitive to hire a professional stager when you’ve tightened your budget and are facing the sale of your home. However, it’s been proven time and again that staged homes sell faster and for a higher price than homes that are sold “as is”.
When the real estate market slows down, or you’re facing foreclosure, a quick sale at top dollar is key. Your home will need to stand out from your competition. You want your home to be the one that people fall in love with the moment they enter, and a Staging Diva Professional Home Stager helps make that happen.
When hiring a Home Stager, remember that home staging is not a regulated field. Anyone can claim to be accredited or certified and many present portfolios of their work that they bought as part of a course. The Staging Diva Directory of Home Stagers does not allow the use of stock images. Any home stager presenting before and after images that are not theirs is removed immediately.