A foreclosure can ruin your financial history, making it harder to secure loans and build a life going forward. If you find yourself falling behind on your mortgage payments and can no longer afford to keep your house, don’t lose hope. You can still stop foreclosure Calgary by short selling your home, provided your lender agrees. If you are able to sell your property for an amount that is acceptable to your bank or lender—even if that amount is less that what you owe on the mortgage—you can walk away from your property without ever having to go through a foreclosure.
The faster you sell your home, the faster you can stop foreclosure Calgary and the faster you can start a new life, free of a mortgage. The most important thing to do now is to find a seller who can offer a fair price and buy your Calgary home outright, with cash. Don’t fall for just any fly-by-night buyer who will take advantage of you, though. Be sure to work with a legitimate Calgary based real estate agency that has the resources to buy homes for cash in as little as 3 days, without taking advantage of your fragile financial situation. One such reputable buyer is CIR Realty, which has been buying and selling homes in Calgary, Red Deer, and surrounding areas for many years. Call us at 403-890-8749 to know more about how we can assist you in stopping foreclosure, so you can preserve your credit score and start fresh.