What is Foreclosure?

Foreclosure is when a property is seized by the lender due to non-payment by the homeowner and typically takes place after the homeowner has several missed payments, causing the mortgage to default.

A notice of default may be issued before a foreclosure. This is typically sent by the lender after 90 days of missed payments. Homeowners are sometimes given the opportunity to work out a new payment plan before their home can be purchased.

How to Avoid
Foreclosure?

  • Continue to make monthly mortgage payments for the full amount or more.
  • Talk to the lender and negotiate new terms for future mortgage payments.
  • Request a forbearance, this allows time to catch up on other expenses and then pay back what you accrued at the end of the forbearance window.
  • Apply for a loan modification if your financial circumstances have changed. You and your lender may be able to agree on new terms that are a better fit for your situation.

How Does KC Foreclosure Help with Foreclosure?

Our team at KC Foreclosure will discuss options such as postponement or stopping the foreclosure. We will review the options with you, to stay in your home whether through creative financing or rent to own. KC Foreclosure can also purchase your home for cash and satisfy creditors and debtors.

What is a Foreclosure
Sale?

When a homeowner or borrower defaults on their mortgage, the lender can exercise their “lien rights” and sell the property. Foreclosure sales are typically an auction-style sale which is open to the public. The property is sold to a third-party bidder or reverts to the lender. The winning bidder at a foreclosure sale will take ownership of the property, subject to the redemption period of the previous homeowner. During the redemption period, the previous homeowner or lienholder can regain ownership of the property if their previous debts are paid.

Testimonials

-- Jon P.
|Johnson County, KS

“Thank you so much Ryan, you helped me clean out my home, order a dumpster to assist with the decluttering process. You also purchased our home in 30 days, as-is and walked us through the process. This was the most stress-free process that has ever occurred in our life to date. Thank you for your help.”

-- Jon P.
|Johnson County, KS
-- Meridath M.
|Johnson County, KS

“Thank You KC-Foreclosure, you stopped our foreclosure and assisted us by allowing time for us to move. Not only did you stop the foreclosure you found a buyer for our home without us doing any repairs, and we made some money off the situation. If we would have done it alone, we would have lost all our money and belongings.”

-- Meridath M.
|Johnson County, KS
-- Rae L.
|Miami County, KS

“Ryan was kind and prompt. I scheduled an appointment with him, he met me at my home and was polite, he explained all my options, we took pictures of the property and assessed the situation. I would have been lost without Ryan and his partner, they saved my sanity, didn’t make me feel stupid and walked me through the process.”

-- Rae L.
|Miami County, KS
-- Lonna R.
|Douglas County, KS

“This company assisted me in looking for apartments in a market where I could not find any. His patience with my animals and requirements were wonderful. He was pleasant and kind to work with.”

-- Lonna R.
|Douglas County, KS
-- Sherrie I.
|Johnson County, KS

“Ryan assisted me with postponement of a foreclosure. They are miracle workers and really saved my credit and sanity.”

-- Sherrie I.
|Johnson County, KS
-- Juan W.
| North Kansas City

“We purchased a rent to own and I could not be more pleased. We really wanted our own home but did not qualify for a mortgage. Ryan assisted us with a property, and It has been fantastic to raise my children and own my own home.”

-- Juan W.
| North Kansas City