You do not know what to do or what are the possibilities is a situation when the mortgage company wants to take your house? In West Virginia there are several opportunities to get out from such kind of situation. It is not so easy for the mortgage company just to take your house. There are several procedures which have to been followed by both parts. It is very important that before the foreclosure takes place it has to be written two weeks before in several newspapers which are mostly read in West Virginia.
Some of the people it might sound embarrassing but as a matter of fact this is also a good idea because there are the friends who might want to help you but do not have the courage to ask them. This post in the newspaper is also good for those who might are looking for a new property to buy. They might be interested in it and the owner can sell it in a sort sale and get out from the mortgage company. The post most contains the exact time, date and location of the sale. They also have to write about the terms and conditions. There are people who do not like participating or even buying such way a property.
But do not be afraid of it. It is not something bad, it is as simple as you look up for a property for yourself and buy it. It is not a second-hand thing as many of us say. In West Virginia there are several ways or organizations that can help to stop foreclosure attorney. There is Hope for Homeowners, The Home Affordable Mortgage Modification Program or even the West Virginia Foreclosure Avoidance Counseling. These organizations can help or give advices how to get further on. They can also provide a kind of protection against the mortgage company. The idea is to stop the whole procedure and do not lose the house.
Asking for help is not something that you have to be ashamed of. Everybody can get is trouble or such kind of situation from which cannot get out without any help.
The mortgage company`s aim is not to take your property as soon as it is possible. For them there are a lot of procedures till they finish the paper work and get everything clear for the new owner who will buy the house. The well being is very important.