Behind on Payments?

When to take Action

If you happen to be even one payment behind, the time to take action is NOW. Once the first payment is left unpaid, the loan is considered delinquent and the Lender has the right to foreclose at any time. Luckily most companies wait until the third month to send you notice of a pending foreclosure but that does not give any reason to delay. The longer you wait, the less likely it is that anyone can help you.

Our Day and Age

We live in a society that runs off credits and debts where our credit history often dictates our standard of living. Those with good credit history can look forward to getting the best loans on homes, cars, and business opportunities. But, with a bad credit history one can expect little option in the homes one can buy. You will be forced to rent for years until issues are resolved, cars are near impossible to buy at a reasonable price, and even the utility companies will tend to treat you differently.

Lasting Effects

Every time a payment is missed, a fee is charged and your debt is increased, but more damaging than the fee, your credit takes a hit. A well-known credit killer is a Bankruptcy. Those unfortunate enough to need Bankruptcy can loose their ability to buy a new home or obtain any new credit for up to three years! However, the most damaging thing you can do to you credit is to let a home get foreclosed on. A Foreclosure on your record can keep you from buying a home for seven years or more!

Save Your Credit

There is a way out, a solution to your dilemma. Our first efforts with you will be to help you keep your home.  We specialize in a "Let's Work It Out" Packet that can allow you take care of past problems and get a clean start in your current home.  If you don’t wish to stay or if it makes more sense we can also buy your house, make up the back payments and stop the foreclosure. Any negative effects of the late payments will disappear from your credit report within six to twelve months and you can have a fresh start. Your credit is important to your well-being and your success. Take charge of your future and escape Foreclosure.

What is HVS's "Let's Work it out" Packet?