Solving the Knoxville Foreclosure Crisis
One Homeowner at a Time

Rick Smenner

RE/MAX Preferred Properties
[email protected]

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3 Steps To Take If You’re Behind On Your Knoxville Mortgage

mortgage-cash.ju.topIf you've missed mortgage payments on your Knoxville home, you're not alone. Many Knoxville homeowners are in a similar situation where they are underwater on their home. If you're facing foreclosure on your Knoxville home, here are 3 steps to take if you're behind on your Knoxville mortgage. First, if you're behind on your Knoxville mortgage, it can be helpful to seek professional advice from the very beginning. While it may be scary to contact your lender, the sooner you contact them the better. You may be eligible to modify your loan and make your Knoxville mortgage payments more bearable. You could also contact a housing counselor. They can help advise you on what options you may have to avoid foreclosure on your Knoxville home. Housing counselors are a free service through the U.S. Department of Housing and Urban Development. After seeing what options you may have to avoid foreclosure on your Knoxville home, it is important to determine what option works best for you early on. The earlier you make a plan of action to avoid foreclosure on your Knoxville home, the more likely you are to have a better outcome. Foreclosure can happen in the state of Tennessee very quickly once the process is started, it can happen very quickly. Finally, once you have determine you're best plan of action, it is important to move forward with the solution to avoid foreclosure. Loan modifications or refinancing can be good options if you have the stable income to keep paying on your mortgage and want to stay in your home. Short sales tend to be better if you're so underwater on your mortgage or very behind on your mortgage payments. Are you behind on your Knoxville mortgage payments? Do you want to avoid foreclosure on your Knoxville home? If so, please let my team and I know if there is anyway we can assist you. We've helped countless homeowners avoid foreclosure on their Knoxville homes. Give us a call today at 865-696-9002 or via email at [email protected]. All of our services are done at absolutely no cost to you.

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