Frequently Asked Questions

Q: There are lots of foreclosure help companies. Why should I choose you?

A. Be selective in choosing foreclosure help. Some of our associates with ForeclosureFix.com have over 20 years experience helping people in foreclosure.  And unlike other companies, we don’t charge you any fees for our help.

Q. How much do you charge?

A.THERE ARE NO FEES! Whether we help you save your home or help you sell it, we will not charge your for our services.  We only ask for your referral in case you are satisfied with our help.

Q. How can ForeclosureFix.com help me stop foreclosure?

A. ForeclosureFix.com will perform a detailed analysis of your situation and review your lender's loss mitigation policies, as well as your state's foreclosure laws. Working together with your lender, we ensure that we provide you with the best solution possible to your mortgage difficulties.

Q. I just received a notice of foreclosure. How long do I have to make my decision on what to do?

A. When it comes to dealing with late mortgage payments, time is not your friend. The sooner you act, the better. Your lender will be much more confident in your willingness to make payments on your mortgage if you deal with the situation immediately, rather than waiting until your back is against the wall. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use, but it is imperative that you take action as quickly as possible.

Q. Can't I negotiate with my lender myself?

A. If you are only a payment or two behind, you can certainly discuss your difficulties with your lender yourself and work out a suitable arrangement. However, if your lender is not cooperative or puts you off for more than a couple of weeks, then it is the time to contact us. Don't wait for more than a couple of weeks, because, as it cannot be emphasized enough, time is not on your side in these matters. We provide the professional representation that you need to achieve the best workout agreement possible with your lender.

Q. Can you help me improve my credit score?

A. The best thing to do to help you improve your credit score is avoid the foreclosure auction, ForeclosureFix.com can help you with this process.

Q. How long is this going to take?

A. Working with your lender to reach a suitable arrangement can take anywhere from a few days to several months. It all depends on your current financial position and whether or not foreclosure proceedings have already been started. Typically, it takes a few weeks to complete a workout agreement and stall foreclosure proceedings.

Q. Do I have enough time to stop my foreclosure?

A. There is always hope, although of course, the sooner you act the better. It has been possible in the past to even stop a house going on the sale block the day before it's scheduled, but that is a rare occurrence. Your best option is to take action immediately to stop foreclosure.

Q. I'm currently in bankruptcy. Can you still help?

A. It is possible to help you; it all depends on your unique situation. We cannot; however, negotiate a workout agreement with your lender until your mortgage has been discharged or dismissed from the bankruptcy proceedings.

Q. I've already talked with my lender. They just want to get paid. Can you still help me?

A. Most of our clients have experienced this kind of inflexibility from their lenders before calling us. We get your bank to listen to your needs. Our integrity and professionalism have earned us a reputation that allows us to be heard when no one else can get through the red tape. We will use our experience and connections to your advantage.

Q. Should I file for bankruptcy to save my house?

A. This is usually not a good idea. According to the American Bar Association, 96% of homeowners who declare bankruptcy end up losing their home to foreclosure. Bankruptcy is very unlikely to help you save your home. There are certain times when bankruptcy is appropriate. We recommend you consult a reputable attorney in this regard.

Q. Do I need a special type of mortgage loan for you to help me?

A. No. We work with any type of mortgage loan, from FHA, VA, Freddie Mac, Fannie Mae or conventional loans.

Q. What if I can no longer afford my home? Can you still help me?

A. If you are certain that you cannot afford your home any longer and wish to sell, relinquishing any equity you may already have in your home, we can help you to secure a "short sale" payoff (contingent on approval by your lender) or a deed-in lieu of foreclosure agreement (again, contingent on approval by your lender). These agreements can be arranged at no cost to you.