Solving the Knoxville Foreclosure Crisis
One Homeowner at a Time

Rick Smenner

865-675-8326
RE/MAX Preferred Properties
[email protected]

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Knoxville Foreclosure Question: Where Do I Go For Help?

whentostartaknoxvilleshortsaleIn our Ask the Expert Section, we recently received a question from Miles, he asks, “I'm in a very difficult situation. My hours at work have been cut, so it has been difficult to keep paying the mortgage on my Knoxville home. I don't know what to do about my current situation. I don't want to lose my Knoxville home to foreclosure, but I don't know where to turn. Where should I go to get help?" Miles, I'm very sorry to hear about you current situation. Facing foreclosure on your Knoxville home can be a terrifying situation, but it is important to know there is help available for you. First, it can be important to talk to you lender. While they may not be the first person you would want to talk to, it can be helpful for them to know about your situation. If you're having trouble making your mortgage payment, contacting your lender's loss mitigation department can be helpful. You'll likely need to submit documentation about your current situation to move forward, but without it your lender has no reason why you're making payments. With further information from you, you can further explore your options to avoid foreclosure. Another option you have is to talk to a housing counselor. The Department of Housing and Urban Development (HUD) has many different counseling agencies across the country that can help discuss your options. They can provide you with the information you need to avoid foreclosure and are there to discuss what options you are to avoid foreclosure. In addition, housing counseling is a free service through HUD. Another option you have is to talk to a Knoxville short sale agent. If you're extremely underwater on your home or think a short sale is the right option for you, a short sale agent is a great person to talk to. They will provide you with the information you need to start a short sale and can advise you on what the process is like. Finally, it is just important to watch out for scams. Be wary of any party that asks for money upfront for there services or advises you to make your monthly payments to them. Are you facing foreclosure on your Knoxville home? If so, please do not hesitate to give my team and I a call. We’ve helped many Knoxville 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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