It’s hard to accept that it’s really hard for people to make a living in this period. Because the obstacles come in, there is no line. As a result, the low-lying economy is already struggling to come to an end and is expected to seep for years. People who have missed out on buying a house before would have expected us to be here. This is something that no one wants to happen, but when it happens, we’re going to have to make up our minds and solve it. If you can’t afford to sell your house back, you’ll want to sell the house. Can this do? What if I do it, or is there any other solution to help make the situation better? We believe there’s got to be a way out of it.
Sell the house back project with the possibility of it happening.
For those who don’t want to continue their repayments, they’re looking for someone to buy a house back. The first one we often think of is the one who sold it to us. It must be said that selling the house back to the project is a relatively small possibility. Because the project is fully funded by the bank, we’re already in. If the house in the project is not sold out, there is virtually no reason for the project to be repurchased unless you may be asked to sell it or sell it at a very cheap price.
What about selling the house back to the bank?
The Bank lends us a lump sum of money and gives us a installment one by one, the bank’s goal is to get the principal back with interest. The possibility of selling a home directly to the bank is very small as well. If the legal process is finally reached, our house will be sold for debt, if the debt is not exhausted, the excess of the sale is still due.
Which way doesn’t, what’s the best solution?
It’s sympathy for people who can’t afford it, as the most uncertain is the uncertainty. Some people don’t go badly, some people lose their jobs suddenly, no one wants this to happen to themselves. There are three options for you to find:
Announce the sale of the house itself to reduce the burden.
Even if you can’t sell the house back and the bank won’t be able to buy the house back at market price, there is no prohibition on you to sell the house on your own. Mortgaged homes can be resold. New buyers can purchase either cash or installments (if the loan is approved). There are many ways to sell your home on the site or the app. As a result, the chances of selling a house are greater. If you’re just hoping to reduce the burden, lower the price. Don’t overprice the price. Some people set secondhand house prices almost close to new homes. It’s been years since I’ve been selling. A broker is another option. Let’s just say there’s a way to sell it. Put it all down.
Contact to negotiate debt conciliation with the Bank
Banks don’t want your home even if you sell it right. What the bank is interested in is principal and interest. So, one thing you should do is negotiate a debt conciliation, which is available in several ways, such as extending the installment so that the money is delivered for each installment is less. But it all depends on the potential for your debt and the bank’s discretion, but let’s see if the bank isn’t mean. This way, you don’t lose credit.
Let the house be taken away.
The worst case is forced to foreclose because you can’t really make money to pay off your debts. This is not an option, but it is more likely to be a bad result. It is recommended that you avoid getting to this point because if the house is confiscated and sold, it is recommended that you avoid getting to this point. The price is significantly lower than the trading price, and if the proceeds from the sale are used to take on the debt, it will not run out. Even if the house is sold, you will be able to blacklist it, making it very difficult to borrow in the future even if you set it up.
When you can’t get away out, a solution like selling a house back can be difficult but don’t despair because there are other ways to get into trouble. The first thing you should do is ponder and plan the best choice without taking the mood into the location. We believe how big the problem is, it’s going to get through. Stay strong and keep fighting. Everybody’s helping.