You may be facing foreclosure for any number of reasons. You may have an adjustable-rate mortgage and your payment may now be too high for your income.  Whatever the reason, stopping foreclosure is an important step to take now.

Some homeowners will do everything they can to keep their home, even if what they do adds to their problems.  Some refinance several times, draining any equity they have each time and still can not make the mortgage payments.  These homeowners would have been better off selling before refinancing multiple times.  Some homeowners end up with double digit interest rates and a pre-payment penalty that hinders them from being able to sell fast if they need to.

Foreclosure will damage credit for years to come.  If you are in the situation of being behind on your mortgage it may be best to sell now so that a foreclosure does not show up on your credit report.

If you need to sell your home fast you can find an expert in your local area by looking on-line.  There are local home buyers that are in the business of helping people stop foreclosure.  They help people just like you get out from under the debt of a mortgage that has become burdensome.  After filling out an on-line sellers form, a local home buying expert contacts you.  The advantage of using a service like this is that you can sell your home fast with no money out of pocket and can expect fast, professional and courteous service.