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\n <\/div>\n \n Need to Sell Your Home Fast? Start By Requesting a Cash Offer <\/h3>\n
If you need to sell your home fast with no time for repairs or showings, request a cash offer so you can make an informed decision. We\u2019ll provide you with a no-obligation cash offer in as few as 48 hours. It\u2019s quick, easy, and stress-free.<\/p>\n \n
The answer is often \u201cyes,\u201d but you\u2019re going to need to acknowledge the situation and then take prompt, decisive action.<\/p>\n
\u201cThe best advice I can give to sellers facing foreclosure is don\u2019t wait till the last minute,\u201d says <\/span>Bethany Mendoza<\/span><\/a>, top real estate agent in the <\/span>Modesto, California<\/span><\/a>, area who\u2019s helped clients navigate selling their homes to avoid foreclosure.<\/span><\/p>\n \u201cDon\u2019t wait until your foreclosure is 30 days away from the sell date. That\u2019s what homeowners typically do because they\u2019re in denial. That just puts you in a dire situation where you have to sell aggressively, which leaves money on the table,\u201d she explains.<\/p>\n If you\u2019ve exhausted your options for working out an arrangement with your lender to stay in the property, then you need to act sooner rather than later to get the house sold \u2014 or prepare to face the ramifications of home foreclosure<\/a>.<\/p>\n If you\u2019ve missed a few mortgage payments, you\u2019re probably wondering when your lender will begin the foreclosure process. The answer is: It depends.<\/p>\n Foreclosure rules, processes, and timelines vary by state and among mortgage companies. Mortgage companies typically begin foreclosure<\/a> when you are at least 120 days behind on your mortgage payment.<\/p>\n After about three months of missed payments, you\u2019ll likely receive a Demand or Notice to Accelerate letter. This letter tells you how much you owe and typically gives you a 30-day notice to get your balance current. Lenders send registered letters so that they have legal proof of communication.<\/p>\n From the date of the Demand Letter, HUD\u2019s guidelines note that it can be as little as <\/span>two to three months to the scheduled sale<\/span><\/a> of your property if you take no action to square up with the mortgage company.<\/span><\/p>\nWhen does foreclosure begin, and how long does it take?<\/h2>\n