Pre-Forclosure Solutions

A Century 21 agent can offer several services to someone facing foreclosure, helping to explore options, mitigate financial loss, and potentially avoid foreclosure altogether. Here’s how they can assist:

1. Sell the Home Quickly

  • A skilled agent can help you list your home for sale to try to sell it before foreclosure proceedings are finalized.

  • They may suggest pricing strategies to attract buyers quickly.

  • They can market the home aggressively to maximize exposure and attract the right buyer.

2. Short Sale Assistance

  • If your home is worth less than what you owe, an agent experienced in short sales can help negotiate with your lender to approve a sale at a lower price.

  • They can assist with paperwork and lender communication, making the process smoother.

3. Finding Alternatives to Foreclosure

  • They may connect you with HUD-approved housing counselors who can discuss loan modification, forbearance, or repayment plans with your lender.

  • Some agents have experience helping homeowners apply for government programs designed to prevent foreclosure.

4. Avoiding Scams

  • Unfortunately, foreclosure situations attract fraudulent "rescue" services promising unrealistic solutions. A licensed agent can help you spot scams and work only with legitimate options.

5. Investment and Rent-Back Solutions

  • Some agents work with investors who might buy the home and offer a rent-back option, allowing you to stay in your home.

Would you like help finding a local Century 21 agent who specializes in foreclosures?