If you own a home and have fallen behind on mortgage payments, we’re here to help. Summit Development understands that life can be as unpredictable as you can imagine and that the best-laid plans of home ownership may end up not working out.
It seems you hear about foreclosures happening every day. In fact, nearly 1 in every 4000 homes in the US is currently in foreclosure. And the result of these foreclosures? Destroyed debt that can make it hard for you to find a new place to live, secure utilities, and more.
However, it’s not all bad news. You still have options before your foreclosure is final and it’s in your best interest to take them.
Taking Over Payments on Your Washington Home
In some circumstances, Summit Development will take over payments on homes for homeowners in Vancouver or the Tri-Cities. Now, we understand this isn’t an option anyone would normally choose. So we offer it with those facing foreclosure in mind because it is a far better option to have someone take over payments on your house than to have it foreclosed on. In both situations, you will need to find a new place to live, but if someone takes over payments, your credit will not be destroyed.
You may have heard of this option referred to as “Selling property subject to existing financial agreements.” The problem with this option is typically that the lender is hesitant to allow it. That’s why Summit Development can be a big help. We take over payments all the time and know exactly how to work with lenders so that it’s easy to get them on board.
Summit Development specializes in helping homeowners in Vancouver and the Tri-Cities who want to sell their home as quickly as they can. No matter what condition your house currently is in, we may be interested. Want to know more? Call 360-667-5424 (Vancouver) or 509-591-9196 (Tri-Cities) or fill out the form on this site today.