Are You Facing Foreclosure In Florida?

Florida Foreclosure | Free Foreclosure Services to Help You Keep Your Most Precious Asset!

When things go wrong and protecting your home from foreclosure becomes a financial hardship, many people are left reeling from the reality that they may not be able to keep the roof over their heads. Financial difficulties, although often fleeting, can affect your ability to pay your mortgage, which could lead to your home being featured on Florida foreclosure listings faster than you might think.

The truth is that owning a home in a place like Miami Beach is the American dream, and missing mortgage payments can quickly result in Florida foreclosures. However, residents on the verge of losing their bank-owned homes still have options! Florida Homeowners Solutions has been helping people secure their real estate for more than 20 years and can help you prevent your home from becoming a new foreclosure listing! Give us a call today to find out what your options are!

What Is Florida Foreclosure?

Foreclosure is the term used to describe the legal process of repossessing or "taking back" real estate because a mortgagor fails to make payments as agreed. The process may only be initiated by the lender, which is often a bank. Florida is a state that allows for judiciary foreclosure. As a result, a bank or homeowners' association wishing to foreclose a property must first obtain a judge's consent. The truth is that Florida foreclosures are never easy, but there are actions you can take to prevent your financial troubles from getting to this stage. Get in touch with us to find out how!

What We Offer

When you find yourself in financial trouble, it can seem like everyone has turned on you. Debt relief services are also costly, adding to your already heavy financial burden. To help homeowners in Florida keep their homes, we offer Florida foreclosure assistance to educate homeowners about their options. Because we've been in the real estate industry for over two decades, we've seen many foreclosed homes for sale in places like Lake Panasoffkee, Fort Lauderdale, Wesley Chapel, Saint Cloud, Miami Beach, and more.

We also know the ins and outs of Florida foreclosures and can help you find a way out of your troubles. First, we will help you complete a Loan Modification Application. Changing the terms of your loan agreement is a great way to keep your home and ensure that your creditor is still happy. Should your application be denied, we will help you explore the other options available to you, including making a short sale or declaring bankruptcy. If all else fails, we can help you find a new home. Whatever your situation or reason for missing mortgage payments, we are here to help! Contact us today to get started!

Find Florida Foreclosure Listings or Sell Your Home for Cash!

Suppose you're hoping to buy a foreclosed home. In that case, we can help you find Florida foreclosure listings with foreclosed homes for sale in your budget. You won't need to waste time on search results and can browse our property recommendations to find the home of your dreams quickly and easily!

Moreover, if you want to sell your home before it is foreclosed, we buy homes for cash at reasonable prices, offering you a simple solution to your problem and preventing your home from becoming a new foreclosure listing. You will need to provide us with a few details of your property, including more information about its square footage and the number of bedrooms and bathrooms it has to get a quote.

Choosing the Best Option to Avoid Florida Foreclosures

If selling your home isn't an option, there are other ways you can avoid foreclosure. If one person loses their job, family income can be limited until they find another job. This means that you won't manage a full mortgage payment each month but can afford to pay a portion of it. In this case, you can apply for an amendment to your mortgage agreement. You will likely qualify for this amendment if you had been paying your mortgage diligently before losing your job. However, if you have already received a poor credit rating and made irregular payments, your application will likely be declined.

Fortunately, your options to prevent foreclosure don't end there! You can also file for Chapter 7 bankruptcy. When all other options have been exhausted, filing for bankruptcy is the best way to avoid foreclosure. In such situations, it is essential to consider the significance of an automatic stay in order to avoid foreclosure. An automatic stay is a temporary restraining order that prevents lenders from attempting to collect debts from you.

It takes effect immediately after you declare bankruptcy. Usually, the lender will file a petition in court to get the automatic stay lifted, requesting that the court provide authorization to proceed with the foreclosure. Even if the court grants the petition, the foreclosure process will be slowed for a few months, giving you some time to get your finances in order or find a new job.Keep in mind that your credit score will be affected if you file bankruptcy.

Suppose you wish to keep your home. In that case, filing for Chapter 13 bankruptcy may be a viable alternative. You may restructure and pay your debt over three to five years as part of a repayment plan. A Chapter 13 bankruptcy can allow you to keep your home while recovering missed mortgage payments. Furthermore, you will not pay any unsecured debts within the repayment term in many circumstances. If a person cannot fulfill the repayment plan, this alternative will buy them some time before the foreclosure process may continue.

The value of a property is reduced by any debts or monies owed due to liens or mortgages. You will have equity when the amount still owed to the creditor falls below the worth of the property. On the other hand, you have no equity if you must pay more on the mortgage loan than the property is worth. If you don't make your mortgage payments, your creditor will file a foreclosure lawsuit on your home, regardless of whether you have equity or not. However, you won't walk away from the foreclosure empty-handed when you have equity. Irrespective of the amount recovered from the resale of the property, your creditor does not get to keep all the earnings from the foreclosure sale.

Another way to avoid foreclosure is to make a short sale. This process is completely voluntary and involves selling your property for a lower price than the amount outstanding on the mortgage. The shortfall is the difference between the outstanding balance on the loan and any fees and expenses associated with the sale is often lower than a typical sale. Because we understand how hard it can be to part from your home, a place where you have made memories with your family, we will help you through the sale, guiding you through the process and making it as easy as possible.

Why Choose Us to Handle Your Florida Foreclosure?

When it comes to foreclosures, you often only have one chance to make the best of your options. To do this, you'll need a reliable advisor at your side to help you make sense of the situation and determine the best way forward. Here are a few reasons to turn to us for help:

• We offer our foreclosure services for free because we know you're already going through a hard time!
• Our business is family-oriented, which is why we relate to the struggles that homeowners face
• With 20 years of experience in the industry, we are well-equipped to offer sound advice
• We have an impressive track record and have helped over 2,000 people in Florida keep their homes from being foreclosed!
• Florida Homeowners Solution is highly regarded in the industry for its assistance with foreclosures
• Our company was proudly featured on Fox News, ABC News, CBS, and more!

Ready to Explore Your Options?

It's never easy to deal with foreclosure. Regardless of the cause, you might fall behind on your mortgage payments and face foreclosure faster than you might think. This can put you in a difficult place as you try to navigate foreclosure laws and find a solution to your financial woes.

A few simple solutions can help you save your home while there's still time. If you're interested in learning more about our services, contact us today by calling us at (954) 399-6877 or completing our online form to book a free consultation!