Welcome to Stop My Auction by great realty group, llc
Our team is dedicated to helping you protect the house you worked so hard to purchase and maintain
We have short term options to reinstate your current loan and stop foreclosure auctions
Expert Valuation
We will evaluate your situation and tailor a program that works best for you.
Contact us as soon as possible as time is not on your side, when an auction is scheduled
Mortgage Assistance
Once you get out of foreclosure we will help you refinace into a conventional mortgage
What You Need to Know
What You Need to Know
What You Need to Know
Foreclosure can indeed be a challenging experience, but having a solid understanding of the process can help homeowners navigate it more effectively. Here’s a breakdown of the key aspects:
Causes of Foreclosure
- Financial Hardship: Job loss, medical expenses, or divorce can lead to missed mortgage payments.
- Adjustable-Rate Mortgages: These can result in higher payments once rates adjust.
- Economic Downturn: Decreased property values can make it difficult to refinance.
Stages of Foreclosure
- Missed Payments: Typically, after 30 days of missed payment, the lender will contact you.
- Notice of Default: After 90 days, a formal notice is sent, indicating the intent to foreclose.
- Pre-Foreclosure: You may have a grace period to pay the overdue amount or negotiate with the lender.
- Foreclosure Sale: If unresolved, the property is auctioned to recover the debt.
- Post-Foreclosure: The lender takes possession, and you may need to vacate the property.
Homeowner Rights
- Notification: You have the right to receive notices and information about the foreclosure process.
- Redemption: Some states allow homeowners to reclaim their property within a specific period after the sale.
- Legal Representation: You can seek legal help to explore options and protect your rights.
Steps to Avoid or Mitigate Foreclosure
- Communicate with Your Lender: Early communication can open doors to loan modifications or repayment plans.
- Explore Assistance Programs: Look for local, state, or federal programs designed to assist homeowners in distress.
- Consider Refinancing: If possible, refinancing your loan might provide more manageable payments.
- Sell the Property: A short sale may be an option if you owe more than the home’s market value.
- Seek Legal Advice: Consulting a foreclosure attorney can provide guidance specific to your situation.
Empowerment Through Knowledge
Understanding the foreclosure process can help you take proactive steps. Whether it’s negotiating with lenders or exploring legal options, being informed allows you to make decisions that can protect your home and financial future. Remember, reaching out for help early can make a significant difference.
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Expert Agents
What You Need to Know
What You Need to Know
Navigating the foreclosure process can feel like navigating a labyrinth without a map. We demystify the foreclosure process by providing a step-by-step guide, to STOP the process. From the initial missed payment to the auction of your home, understand each stage of foreclosure and the corresponding actions you can take. Armed with knowledge, you can approach the foreclosure process with clarity and agency, empowering yourself to make informed decisions every step of the way. .
Contact Us
What You Need to Know
Contact Us
Have a question? Need help with something? Contact us today and we'll be happy to assist you.