It is an option worth considering

Dallas-Fort Worth home foreclosure postings are still growing – fueled by higher payments on adjustable-rate loans and rising consumer debt.

The latest statistics show that pending foreclosures in Dallas County are 12 percent higher than a year ago and foreclosure postings are up 16 percent in Tarrant County.

Foreclosures are a growing phenonemon all over the country. They’re on the rise everywhere. If you feel like you may be headed toward foreclosure you might want to get out early and sell. If you are more than 2 months behind on your mortgage payment then catching up is not likely - especially if you are unemployed or have large financial debt that you cannot control.

List your house for a flat fee and you can take less than its full value. If you list your house for a few thousand dollars less than its appraised value and sell it yourself then you can get out from under your mortgage without paying a commission to a real estate agent and you may even get out without having to pay anything at all - depending on how much you owe, of course.


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