{"id":2638,"date":"2019-09-30T00:00:00","date_gmt":"2019-09-30T07:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller.carrot.com\/blog\/foreclosure-effects-in-st-louis-mo\/"},"modified":"2019-09-30T00:00:00","modified_gmt":"2019-09-30T07:00:00","slug":"foreclosure-effects-in-cottleville-mo","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesstl.com\/blog\/foreclosure-effects-in-cottleville-mo\/","title":{"rendered":"34. Foreclosure Effects In Cottleville, MO &#8211; What Sellers Need To Know"},"content":{"rendered":"<p><a href=\"https:\/\/www.chrisbuyshomesstl.com\/we-buy-houses-in-st-peters-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\">We Buy Houses In Cottleville, Missouri<\/a>. As local homebuyers in Missouri, we know that foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. This is why we have found a way for homeowners to speed up the process, so whatever the reason \u2013 you can get the fast house sale you require and see how much cash for houses in Cottleville we can pay. Today we are going to look at the <em><strong>foreclosures effects in Cottleville, MO,<\/strong><\/em> and what local house sellers need to know. First, we will look at the effects and ways of easing them.<\/p>\n<h2 style=\"font-size: 250%;text-align: center\">Foreclosure Effects In Cottleville, MO To Sellers<\/h2>\n<ul>\n<li><span style=\"text-decoration: underline\"><strong>Loss of your\u00a0home<\/strong><\/span> \u2013 Pretty self-explanatory here. The major end result of a foreclosure in MO is of course the loss of the home to the bank.<\/li>\n<li><strong><span style=\"text-decoration: underline\">A decrease in Your Credit Rating<\/span><\/strong> \u2013 <a href=\"http:\/\/www.zillow.com\/foreclosures\/owner\/how-foreclosure-affects-your-credit-rating\/\" target=\"_blank\" rel=\"noopener noreferrer\">Your credit rating will be lowered by the foreclosure<\/a>. How much?\u00a0It depends on how high your current credit score is&#8230; but the higher your current credit score&#8230; the more your score will drop <a href=\"https:\/\/www.chrisbuyshomesstl.com\/blog\/how-to-stay-in-my-home-after-foreclosure-in-wildwood-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\">after a foreclosure<\/a>. If you have a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Credit_score_in_the_United_States\" target=\"_blank\" rel=\"noopener noreferrer\">credit score<\/a> of 680 or higher&#8230; you may see a drop of 100+ points.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Depression and Stress<\/strong><\/span> &#8211; Your mental health is at stake because of the high-pressure situation. Going through a foreclosure is emotionally exhausting and frustrating, to say the least.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>House Values In Your Community<\/strong><\/span> &#8211; Another one of the big foreclosure effects in Cottleville, MO is that they tend to lower the overall value of the houses in your neighborhood&#8230; especially if there are multiple foreclosures in the immediate area.<\/li>\n<\/ul>\n<h2 style=\"font-size: 250%;text-align: center\">How You Can Ease The Effects Of Foreclosure In Cottleville, MO<\/h2>\n<p>For the well being of you and your family, you need to mitigate the effects of foreclosure as much as you can. The process can be frustrating and time-consuming, but there are people who can help you navigate your different options in the process.<\/p>\n<p>First&#8230;<\/p>\n<ol>\n<li><span style=\"text-decoration: underline\"><strong>Call your bank and work with them:<\/strong> <\/span>\u00a0Most banks are very willing and ready to work with you&#8230; if you can show that with their help you can get back on track and save your home. \u00a0Or, if you just want out of the house but you owe more on the house than it&#8217;s worth&#8230; see if the bank has any programs to lower the mortgage burden so you can get out from underneath it without it going through an expensive foreclosure.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Talk with a local real estate expert, like Chris Buys Homes in St. Louis:<\/strong><\/span> We know the local Cottleville, MO real estate market well and are very experienced in the <a href=\"https:\/\/www.chrisbuyshomesstl.com\/blog\/understanding-the-foreclosure-process-in-missouri\/\" target=\"_blank\" rel=\"noopener noreferrer\">foreclosure process<\/a> here in MO. \u00a0Give us a call at (314) 334-1481 and we can guide you toward the resources that can possibly help you.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Sell your house:<\/strong><\/span> If you&#8217;d rather find a way to sell your property and avoid the foreclosure all together, great! We buy local Cottleville, MO homes for cash&#8230; and would love to look at your situation and make you a fair all-cash offer on your home. \u00a0<span style=\"text-decoration: underline\"><strong>Just call us at (314) 334-1481<\/strong><\/span> or <strong><a href=\"https:\/\/www.chrisbuyshomesstl.com\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">shoot us your details through this website<\/a>.\u00a0<\/strong><\/li>\n<\/ol>\n<h2 style=\"font-size: 250%;text-align: center\">Sell My House In Cottleville, MO<\/h2>\n<p>With the above knowledge on foreclosure effects in Cottleville, MO &#8211; what sellers need to know, you can guard yourself by calling the legitimate Missouri home buyers such as <a href=\"https:\/\/www.chrisbuyshomesstl.com\/about-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">Chris Buys Homes in St. Louis<\/a> at (314) 334-1481 and we shall assist you in the shortest time possible to sell your house in St. Louis. However, to fast track the process kindly <a href=\"https:\/\/www.chrisbuyshomesstl.com\/get-a-cash-offer-in-7-minutes\/\" target=\"_blank\" rel=\"noopener noreferrer\">fills out our website contact form<\/a> to give us more information about you. We&#8217;d love to connect with you and help you find the best solution!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We Buy Houses In Cottleville, Missouri. As local homebuyers in Missouri, we know that foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. This is why we have found a way for homeowners to speed up the process, so whatever the reason [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"inline_featured_image":false,"footnotes":""},"categories":[22,27],"tags":[59],"class_list":["post-2638","post","type-post","status-publish","format-standard","hentry","category-sellers","category-short-sale-information","tag-foreclosure-effects"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/2638","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=2638"}],"version-history":[{"count":0,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/2638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/media?parent=2638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/categories?post=2638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/tags?post=2638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}