How to Avoid Foreclosure On Your Nebraska House

If you're facing foreclosure in Omaha Nebraska, there are several options available to help you avoid losing your home:

Negotiate with Your Mortgage Lender

Many banks are willing to work with homeowners who are struggling to make payments. If you haven't missed a payment yet, you may be able to renegotiate the terms of your loan. Even if you have missed a payment, there are still options. Lenders often prefer to modify loans rather than foreclose on homes.

Explore Government Assistance Programs

The federal government has implemented several programs to help homeowners avoid foreclosure. These include:

  • Home Affordable Modification Program (HAMP): Allows you to modify your loan and reduce monthly payments.
  • Home Affordable Refinance Program: Enables you to refinance an adjustable-rate mortgage into a low-interest, fixed-rate loan.

Eligibility requirements apply for these programs.

Sell Your Home to a Cash Buyer

If you're unable to keep up with your mortgage payments, you could consider selling your home to a cash buyer.  This allows you to avoid foreclosure and move on with your life.  You can view the steps on how that works by clicking here.  

Seek Help from a Foreclosure Defense Attorney

An experienced foreclosure defense attorney can help you navigate the legal process and explore all available options. They can assist with negotiating with your lender, filing for bankruptcy, and representing you in court.

Take Advantage of Foreclosure Prevention Services

There Nebraska Department of Banking and Finance offers foreclosure prevention counseling and financial education to help homeowners avoid foreclosure.

Remember, moving quickly is crucial when facing foreclosure. Don't abandon your home, as this can have a severe negative impact on your credit score and financial future. With the right assistance and by exploring all available options, you can potentially avoid foreclosure and keep your home in Omaha Nebraska.

Selling directly to Jeremy Prunty at Bronte House & Property Buyers is the optimal way to go. Making the selling process simple with no charges to you, our team provides straightforward contracts and a fair offer. We're also your neighbors who are part of the same community as you in Nebraska. Whatever warrants you to sell, we buy houses in Papillion, La Vista, Ralston, Bellevue, Gretna, Ashland, Springfield, Millard, Fremont, Bennington, Elkhorn, Valley, Waterloo, Fort Calhoun, Blair, Omaha, Lincoln, Waverly, Wahoo, Greenwood Nebraska, and surrounding communities. Bronte House & Property Buyers values their customers, and so they take the time to talk to you, providing no obligation advice. Your difficult situation can be arrested today, just call Jeremy Prunty with Bronte House & Property Buyers at 402-500-0477.