When homeowners are fighting foreclosure proceedings and facing imminent eviction, it’s essential to be proactive about moving nearly everything out of the house before the eviction notice is served. At that point, there may be only a week or even less until the home is turned over to the bank or the winner of a foreclosure auction. Moving everything to Self Storage in Lubbock TX is one way that people handle this situation.
Possible Positive Outcomes
In the event that they manage to win their case against the bank, these mortgage holders can have their possessions moved back from Self Storage in Lubbock TX to the house.
Perhaps the bank officials finally approve a loan modification or payment arrangement after many months of negotiation. A court judge might order a significant delay in the eviction process if questionable activity by the bank is uncovered in the legal documents or official communications. Although it’s uncommon for a judge to rule against the lender in foreclosure proceedings, this does happen occasionally. In these cases, the household has more time to accumulate enough money to pay down the arrears, and work out a modification or payment arrangement.
Important Considerations
In the midst of all of this stress and uncertainty, hiring a company such as Byron Cowling Moving & Self Storage to clear out the house and move everything to a storage facility can be the most suitable option. This might only be feasible if the household consists of one or two adults, since disrupting the lives of young children and teenagers in this way can be traumatizing.
Relevant Statistics
Although people tend to think that the nation’s foreclosure catastrophe during the Great Recession has long passed, statistics indicate otherwise. Market Watch reported in January 2019 that the mortgage crisis is definitely not over, citing a large number of delinquencies in mortgage payments that are only in pre-foreclosure. ATTOM Data Solutions reports that Texas foreclosure filings are rising in Texas, and are up 9 percent over the past year. Anyone who needs help with some practical matters while trying to deal with this situation may begin with the website Domain.
