Beaverton Oregon Real Estate: Don't lose your equity in your home by waiting for a letter from your lender (Avoid Foreclosure)
By Todd Clark - Retired, Principle Broker Oregon
(eXp Realty LLC)
One of the ways people get into trouble and lose so much money is they wait to long before seeking help with the sale of their home. If you know you are starting to get into trouble with your payments, this is the time to call an experienced agent that can help you avoid a possible foreclosure.The reason waiting to long can cost so many home owners most, if not all of their equity is because of all the late fees that the bank imposes cuts right into that equity. Also as you get closer and closer to the date the bank says they will foreclose on your property, the less and less you can charge because you have to sell your home quicker to avoid the actual foreclosure.If you have only missed one payment, this is the time to get your home on the market or re-finance your home. If you do it b...
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