First of all, I would like to let you know you are not alone in this matter, there are over 7 million homes in distress across the nation. That basically means 1 out of 3 homeowners are in distress across the nation. If you don’t know anyone who has their home in distress, then you are rare. I have worked and talked with many home owners who are in your position, and after it was done, whether their home was foreclosed or sold as a short sale, there was a great relief in the end. There is a verse in the Bible that says, “You have turned my mourning into dancing; You have loosed my sackcloth and girded me with gladness.”
One of the definitions of distress is, “the legal seizure and detention of the goods of another as security or satisfaction for debt, etc.” Another definition of distress is, “great pain, anxiety, or sorrow…” At the time the first payment is missed, the home could be considered in distress. This usually causes a great deal of stress and anxiety on the home owner. Be encouraged! The Bible gives us comfort in this, “No man will be able to stand before you all the days of your life…I will not fail you or forsake you. Be strong and courageous…”
If your circumstances have brought you to the point of your home being in distress, there are a few options you need to consider. As you consider each option, I would like to provide you with some information, but I can’t advise you which direction to take. There are consequences for each action and would suggest to speak to your tax consultant and/or legal consultant.
“Do not be anxious about anything, but in prayer and supplication with thanksgiving, let your requests be made know to God. And the peace which surpasses all understanding, will guard your hearts and your minds in Christ Jesus.”
To speak to us about your situation, go to the contact page, and fill out your information and email it to us. Or you can stop by the office, 31927 Hilltop Blvd and ask for me, Jay Houck.