No homeowner ever imagines themselves in a foreclosure situation. However, if you are in this position, there is a legal way out. Selling your home when it is in foreclosure can be a stressful and pressuring procedure. To get out of it, you have to hire a skilled estate lawyer and realtor.

Ignoring a foreclosure notice makes things worse. There are many reasons for foreclosure, such as death, job loss, divorce, and sudden change of financial status. Since foreclosure rates increase proportionally to the time it takes to sell, the only solution is to sell fast.

Time is of the essence when selling. Below are a few tips from a top real estate attorney to legally survive a foreclosure.

When Does Foreclosure Start?

Typically, the process depends on the mortgage company. When you miss your payment for the first three months, you will get a demand or notice. This accelerated letter will inform you of your balance and give you a month to clear it. If you do not clear with your mortgage company, you will get a foreclosure notice after six months. At this stage, your options are limited. So, what do you do?

1. Seek Legal Help

Hiring estate attorneys in Houston, Texas, should be your first step. A good lawyer will explain your viable options. They will also let you know how much time is left before the owner or bank claims the house.

2. Hire a Reliable Realtor

No one sells a home quickly like a committed real estate agent or company. With the help of your foreclosure lawyer, get a realtor whose specialty is the power of sales. They will understand the terms and urgency of the matter. Also, look at affordability as you would want to save every single penny where possible.

3. Transform Your Home

If you can't manage to fully renovate your house, ensure it is in its best condition. Be as aggressive as you can to declutter, clean, and spruce up your home. Buyers are interested in a house that is attractive and needs no work. The secret to a swift sale is having a house potential buyers can easily fall in love with.

4. Keep Your Lender Updated

It would be so painful to struggle to get out of foreclosure only to have troubles with your lender in the last steps. Make them comprehend you are doing all you can to get their money.

Getting an Estate Attorney Houston, Texas

Before you confide in your estate attorney, here are a few tips to help you choose the best one.

• Check their experience in foreclosure houses.
• Ask them all questions you have and gauge how they respond.
• Get recommendations.
• Always confirm with your foreclosure lawyers.

You should start all the mentioned processes as early as when you receive the notice.

It's important to know that you can sell your home while it is in foreclosure. However, this process may be more difficult and time-consuming than if the property was not under a lien. The estate attorney will have to handle all of the paperwork involved with selling the house, including any liens or other legal issues of which they are aware when setting up their representation agreement.

If you are thinking about planning your estate, then an attorney is mandatory. Approximately half of Americans over 55 years do not have a will or power of attorney. Call on Hamilton Legal Service today and schedule an appointment for all your estate planning and foreclosure needs.