Mississippi Bill Of Sale

If you are behind on your payments and facing foreclosure, experts advise "act promptly and DO NOT HESITATE one minute!" In Mississippi it's really good advice, because once a lender decides to take on your property, it only takes approximately 30 days to your home. By law, they can do in 21 days. That does not leave you much time at all. Thus, in Mississippi you must act now or your home will be excluded quickly and the lock will negatively affect your credit rating for 10 years! Mortgage & Credit experts say that, after bankruptcy, having a foreclosure on your credit record is the worst result and will reduce your credit score over 250 points. You may have to wait up to three years to qualify for a mortgage at a reasonable rate.

Life can be really difficult and there are many situations that cause good, hard-working families to go into foreclosure as health problems, death of family, mortgage payments rising, job loss, divorce, medical bills to name a few. Prior to our financial crisis and credit courses, the leading cause of foreclosure has been the health and medical problems.

About Us. MSHomeSolutions is a real estate investment solutions and specializes in working with families facing foreclosure. We work closely with homeowners like you to understand your situation and determine the best options to suit your needs. We have the experience and expertise to solve difficult problems and we have helped many homeowners who were in similar situations. In cases where an owner wants to "SAVE MY HOME" and is financially capable we can work with the lender to negotiate an acceptable plan. In cases where an owner is not financially able to keep their home or simply want to sell their house, we can buy your house quickly, either unconditionally or work with the lender to complete a short sale, take charge the loan (even if there is no equity), are in arrears, or find another solution creation, including possibly give you equity back of your home. We serve in and around Hattiesburg by Forrest and counties, including Lamar Petal, Oak Grove, Purvis, Sumrall and many other areas throughout Mississippi.

If you are in a difficult situation now and are behind on your mortgage payments and need help, you can complete our questionnaire Homepage and we would be happy to let you know what your options are. There is no obligation or cost.

Whether your home will be auctioned off in a few days, or you just received your first notice from your lender, it is important for you to consider all options and rights. For your help and comfort we have provided a summary of some of your options below.

Recovery Plan.
A restoration of your existing mortgage loan is simply to repay the full amount of your loan is in arrears in paying all of your retroactive payments which can include monthly principal and interest, late fees and attorney fees of bring your loan current. By proving to your lender your ability to make your back payments in one payment, your lender will generally reinstate the loan. Some possible sources of cash back are retirement accounts, tax returns, and members of the immediate family. NOTE: In situations where an owner comes up with the money to recover their loans, but nothing changes in the financial difficulties that caused them to get behind in the first place, the.