A common reason our clients come to us is because they want to avoid foreclosure. It may be their primary residence, or it may be a second home they own- usually a home they are renting to tenants. Our office can help you with avoiding foreclosure; we have been doing so for many years and have helped many clients avoid foreclosure. There are various options available to homeowners to avoid foreclosure, which includes:
- Foreclosure Mediation through Washington State’s Foreclosure Fairness Act
- Loan Modification
- Filing for Chapter 7 bankruptcy
- Filing for Chapter 13 bankruptcy
- Short Sale
- Deed in Lieu of Foreclosure
For us to provide you the best advice about which option is right for you, we need to know what your objectives are. For some clients, they want to save the home. Wanting to save the home eliminates some of the options above. But for other clients, they don’t want to keep the home, but they don’t want the home to go to foreclosure. In those instances, we recommend different options. This is why it is so important that you meet with an attorney who can help you determine which option is best for you, based upon your financial goals.
While it is not unusual for a client to contact us just a week before, sometimes even just a few days before, a foreclosure. However, such waiting eliminates many options that may have been available to the homeowner if they had contacted our office sooner. We offer a free consultation; we invite you to contact our office if you are in default on your mortgage and would like to explore your options.
Many clients are overwhelmed by the multiple mailings they receive from the mortgage company once they are in default. You may be receiving multiple copies of the same notice by first class mail, certified mail, and even postings on your front door. A brief overview of the foreclosure process is here, so you may become familiar with the timeframe and may assist with you having a better understanding of the foreclosure process here in King and Pierce County.
If you think you may default on your mortgage soon, or have already defaulted and are facing foreclosure, contact our office today for a free consultation regarding your options to not only avoid foreclosure, but to also understand the process and timeline. We look forward to being able to assist you.
“Darcel was so fantastic. She explained the whole process to me and made me feel very comfortable in moving forward. Any questions I had she answered by email or phone in a very timely manner. I felt so relieved. She was totally professional however I felt I had made a new friend when the process was complete. I would highly recommend her to anyone.”