\u00a0<\/p>\n
A recent study estimates that 47% of foreclosed properties are still occupied.<\/strong><\/p>\n
Man, that sounds great! Let\u2019s all live for free. (wink)<\/p>\n
Wait\u2026 it can\u2019t be that simple, right? Right.<\/p>\n
There are a few perfectly legal ways to remain in your home, even after foreclosure<\/a>.<\/span><\/strong><\/p>\n
Not all these options are available (depending on your situation and your lenders), and you\u2019ll need some expert advice along the way to help you get through.<\/p>\n
1) Wait it out.<\/strong> Honestly, this is a pretty bad option, but it seems to be increasingly common. You definitely shouldn\u2019t run away and abandon your house when the first notice of default shows up. Remember that the proceedings and the process takes months and sometimes years. It\u2019s not over until it\u2019s over, so don\u2019t give up too early. On the other hand, don\u2019t wait until the sheriff shows up to evict you to start packing up your stuff.<\/p>\n
2) Go to court.<\/strong> In very rare cases, judges are granting stays and delaying evictions<\/a>. This is really only a valid option if you (and your attorneys) can prove that the bank has neglected a legal requirement during the foreclosure process<\/a>. During the past few years, a lot of fraudulent behavior at banks has been uncovered \u2013 so we may see an increasing trend of using the courts to stop foreclosure. Fighting banks with lawyers is very difficult, expensive, and time-consuming, even if you\u2019ve got a perfect case (most people don\u2019t stand a chance).<\/p>\n
3) Propose a move-out bonus.<\/strong> Often buyers of occupied foreclosure properties spend thousands of dollars on lawyers and other costs of eviction, so why not save everyone the time and expense by taking some of that money yourself? It\u2019s known as \u201ccash for keys<\/a>\u201d. It sounds a little greedy, but greasing the wheels does help everything to run smoothly. Plus, you can help out the bank and the buyers by not abandoning the house to squatters before they\u2019re ready to take possession.<\/p>\n
It\u2019s really good that you\u2019re reading this page and exploring your options. [Company]<\/a>, legitimate Missouri home buyers, help homeowners like you to find creative solutions when you want to sell your house in St. Louis<\/a>.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0 We Buy Houses In Wildwood, Missouri. We provide residents with the ideal way to sell their property fast by offering cash for houses in Wildwood. Your property has been foreclosed but you’re still thinking “How To Stay In My Home After Foreclosure In Wildwood, MO?”. As local homebuyers in Missouri, we have talked to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[156],"tags":[55,86,100],"class_list":["post-2475","post","type-post","status-publish","format-standard","hentry","category-reasons-to-sell","tag-foreclosure","tag-local-house-buyers","tag-sell-my-house-fast"],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/2475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/comments?post=2475"}],"version-history":[{"count":2,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/2475\/revisions"}],"predecessor-version":[{"id":19821,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/2475\/revisions\/19821"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/media?parent=2475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/categories?post=2475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/tags?post=2475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}