Facing Foreclosure? 6 Tips on How to Safely Get Rid of Things You No Longer Need — and Make Money in the Process

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Craigslist is a very good place to find deals on everything from home appliances to used auto parts. It’s one reason that homeowners who are losing their home to foreclosure turn to the site — because it’s easy to get rid of household items you either no longer need, want, or can’t afford to keep. And, it’s this simple desire — to purge/scale down 20 years of household goods — that cost one family everything.

Facing Foreclosure? Be Careful if You Post Ads on Free Classified Sites Like Craigslist

A simple ad placed on Craigslist literally brought looters and thieves right to one family’s doorstep. According to the article, Foreclosed family watches helplessly as craigslist crowds strip house bare, on 11Alive.com (an Atlanta news station site), a family who was losing their home to foreclosure placed the following ad on Craigslist:

Fairly large, free yard sale. Moving and we want everything to go for free. So come over and take whatever you want and how much you want. Here are a couple of items that will be there: Couch, chairs, lots of household and kitchen items, appliances, a wardrobe, desk, recliner, movies, lots of books, lamps, women’s and teens’ clothing, etc. And also a box of free food with lots of cans. Please take only if you need it. We’re starting at 10 a.m., October 24th, and we’ll finish when everything’s gone.

Facing Foreclosure? How a Free Classified Ad Can Bring Burglars Right to Your Front Door

The problem is, the people wanting the free goods showed up before the homeowners got there (they were in the midst of moving out). Even though the home was not left open, looters broke in and just started taking stuff. Shortly after, the homeowner and his mother arrived and couldn’t believe their eyes.

Michael Vercher, the homeowner, remarked:

Well, when we got to the house, I mean, pretty much — this [a ransacked dwelling] . . .  They came in and just tore the place up.

Only a few books and other miscellaneous items were left behind.

Read on for some tips on how to get rid of household items you no longer need — and make some money in the process.

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Facing Foreclosure? 6 Tips on How to Safely Get Rid of Goods You No Longer Need & and Make Money in the Process

1. List Items on Free Classified Ad Sites: Yep, sites like Craigslist and Backpage are great for quickly selling household items you no longer need. But, you must be smart about it (ie, plan to be at the home at least 24 hours before the listed time in your ad).

The reason is, even if you plan to arrive a couple of hours beforehand, thieves are astute — and proactive. If they even THINK there’s a possiblity that no one is there, they may drive by and if there’s no visible presence, help themselves.

Selling Goods on Free Classified Ad Sites Tip: Ads go live on sites like Craigslist almost immediately (eg, within half an hour), so don’t place it until you are ready to sell. There’s no reason to do so days — or even hours — in advance.

2. Price It Right: You must price the items you list for sale — to sell. And this means pricing them right. The only problem is, what’s “right” for you is probably not right for potential buyers.

Many homeowners facing foreclosure severely overprice their household items. It’s understandable. What you have to understand is that there’s so much for sale on free classified ads sites — because so many are going through the foreclosure process (just like you) and are getting rid of items as well.

So log on and look at what others are selling stuff for — then price your items accordingly. Just as a guage, one homeowner reported that she sold:

A full-size, 4-burner, electric stove for $75;

A full-size refrigerator for $50;

A washing machine and dryer set for $75 (washing machine needed a part).

All of these items were in good condition (except as noted), but she was moving to a smaller home and had to get rid of a lot of stuff. The bottom line is, you’re not going to get nearly what you expect to get for your items, but some money is better than no money, especially if you realize that if you can’t sell your items you’re going to have to give them away. So, price to sell.

3. Move What You Want Out: If you’ve already found a new place, move all the items you want to keep into your new place. This way, even if you don’t get rid of everything, you don’t have to worry about somebody coming back, breaking in and stealing what’s left (ie, which would include items you had not intended to get rid of).

4. Schedule Sale during Daylight Hours: This is for obvious reasons (safety). Also, have someone there with you, especially if you’re a woman (eg, a husband, boyfriend, lover, friend, etc.).

5. Don’t List Address: Have people call and make appointments to come by. This gives you much more control over who (and how many) are coming to your front door.

6. Post Clear Photos: The more photos (from different angles), the better. Also, list any defects. While this may deter some buyers, it will attract the right buyers (ie, those who are really interested).

Stay safe — and happy selling!

Home Foreclosure News: Related Posts

Home Foreclosures to Blame for Rising Cost of Rents and Increase in Foreclosure Rental Scams on Popular Sites Like Craigslist

Because of Home Foreclosures, Buying a Home Is Cheaper than Renting in Almost 75% of Largest American Cities

How Foreclosure Rental Scams Happen & 4 Things You Can Do to Protect Yourself from Them

Foreclosure Scams: How to Avoid Being Ripped Off by “Foreclosure Rescue” Companies

Foreclosure Lawyer: Need One? How Not to Get Ripped Off & Choose the Best One

Home Loan Modification Scams to Be Aware Of

The OTHER Foreclosure Settlement: You May Be Eligible to Be Paid TWICE – Even If You Didn’t Lose Your Home to Foreclosure

The Foreclosure Deal: Homeowners Who Lost Homes to Foreclosure Have Money Coming — and More Benefits for Those Trying to Hang Onto Their Homes

Timeline For Foreclosure In All 50 States

Want to Stop Foreclosure? The 9 Options Every Homeowner Has — Insight into Which Ones May be Right For You

“Cash for Keys” Can Help if You Have a House in Foreclosure & Can’t Afford to Move

P.S.: Foreclosure Clean Up Job Leads: FYI, don’t forget to bookmark the site and come back for direct leads on foreclosure cleaning jobs, foreclosure cleaning contracts and foreclosure cleanup request for bids on jobs. Always look under the “Recent Posts” heading to find the latest job listings.

P.P.S.: Like this post? Tweet it and follow Foreclosure Business News on Twitter.

Copyright © 2012 Yuwanda Black for Foreclosure Business News. Legal Disclaimer: The information dispensed on this blog is not to be taken as legal advice; it is for general purposes only. Please consult a qualified professional (eg, attorney, accountant, real estate agent, etc.) — in your jurisdiction — before taking any action based on the information listed here.

Home Foreclosure News: Banks Now Repossessing More Homes

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While the news on the home foreclosure front has been good lately, one dark cloud has been the fact that banks are actively repossessing more h0mes at a faster pace. Proof? According to the HuffingtonPost article, Bank Foreclosures Hit Nine-Month High In November: RealtyTrac:

U.S. home repossessions rose to a nine-month high in November . . . Banks completed foreclosure on 59,134 homes last month, an increase of 11 percent from October and up 5 percent from November last year, foreclosure listing firm RealtyTrac Inc. said . . .

Last month marked the first annual increase in bank repossessions since October 2010 . . .

What Bank Repossessions Mean for Homeowners Facing Foreclosure

This means a couple of things for homeowners, primarily:

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1) The effects of the robosigning scandal and legal challenges it brought about are finally being put to rest. This means that banks are legally free to resume the foreclosure process, which had been suspended to a large degree while this was going on.

2) It’s time for many homeowners to make some hard and fast decisions about whether to fight to hang on to their home, or move on — whether it’s via doing a short sale, a deed-in-lieu of foreclosure, declaring bankrtupcy, etc.

Good News for Homeowners Facing Foreclosure This Holiday Season

The nation’s two biggest lenders — Fannie Me and Freddie Mac — have suspended foreclosure evictions until early January. FYI, this only means actively evicting homeowners; they are still filing paperwork to get the foreclosure process going (eg, filing foreclosure notices).

Home Foreclosure News: Related Posts

Understanding the Robosigning Mortgage Settlement Offer: 8 Key Things Every Homeowner Facing Foreclosure Should Know

Foreclosure Deal: One REALLY Good Thing to Come Out of It for Homeowners

The OTHER Foreclosure Settlement: You May Be Eligible to Be Paid TWICE – Even If You Didn’t Lose Your Home to Foreclosure

The Foreclosure Deal: Homeowners Who Lost Homes to Foreclosure Have Money Coming — and More Benefits for Those Trying to Hang Onto Their Homes

What the Foreclosure Settlement & More Short Sales Mean for Homeowners Facing Foreclosure

5 Banks Settle Foreclosure Lawsuits — How It Can Save Homeowners Facing Foreclosure Thousands of Dollars

Home Foreclosure News of the Day: Some States Not Using Foreclosure Settlement Monies to Help Struggling Homeowners

Timeline For Foreclosure In All 50 States  

Want to Stop Foreclosure? The 9 Options Every Homeowner Has — Insight into Which Ones May be Right For You

“Cash for Keys” Can Help if You Have a House in Foreclosure & Can’t Afford to Move

P.S.: Foreclosure Clean Up Job Leads: FYI, don’t forget to bookmark the site and come back for direct leads on foreclosure cleaning jobs, foreclosure cleaning contracts and foreclosure cleanup request for bids on jobs. Always look under the “Recent Posts” heading to find the latest job listings.

P.P.S.: Like this post? Tweet it and follow Foreclosure Business News on Twitter.

Copyright © 2012 Yuwanda Black for Foreclosure Business News. Legal Disclaimer: The information dispensed on this blog is not to be taken as legal advice; it is for general purposes only. Please consult a qualified professional (eg, attorney, accountant, real estate agent, etc.) — in your jurisdiction — before taking any action based on the information listed here.

Foreclosure Review Deadline Approaching: Homeowners Facing Foreclosure Could Receive up to $125,000 IF They Apply before 12/31/2012

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What Is a “Foreclosure Review” and Why Homeowners Facing Foreclosure Need to Know about It

As explained in the post, Foreclosure News: Lenders Required by Gov’t to Pay Homeowners Up to $125,000, Return Their Foreclosed Property, or Modify Mortgages, following are the particulars of what a foreclosure review is, and how it came about.

Under a settlement between the federal government’s major regulators, Office of the Comptroller of the Currency (“OCC”) and Federal Reserve, and mortgage lenders, independent reviewers will review the homeowner’s file. They will determine if the homeowner suffered financial harm including not obtaining an affordable mortgage payment or losing their home resulting from lender caused errors, misrepresentations or other deficiencies.

The independent consultants will decide whether the homeowner should receive cash compensation up to $125,000, return of the foreclosed property or another remedy such as cancellation of the foreclosure. (emphasis added)

Do You Qualify for a Foreclosure Review?

You do if . . .

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(i) Your home was in the FORECLOSURE PROCESS  in in 2009 or 2010 (not totally foreclosed on; your home had to only be somewhere in the foreclosure process);

(ii) It was your primary residence (this is a MUST); 

(iii) Your home loan (mortgage) was serviced by any of the following banks/lenders:

America’s Servicing Co., Aurora Loan Services, BAC Home Loans Servicing, Bank of America, EverBank/EverHome Mortgage Company, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage, Countrywide, EMC, Financial Freedom, GMAC, HFC, HSBC, IndyMAC, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, SunTrust Mortgage, U.S. Bank, Wachovia, Washington Mutual (WaMu), Wells Fargo, Wilshire Credit Corporation;

and

(iv) You believe you were the victim of foreclosure fraud and/or errors by your lender.

Cost of a Foreclosure Review

The cost is $0; that’s right, they’re absolutely free for homeowners. Request a foreclosure review.

Beware of Foreclosure Review Scams

If any person, group or entity asks you to pay a fee (even $1) for this service – run. It’s a scam. As the LEGITIMATE independent foreclosure review website states:

“Watch out for scams—there is only one Independent Foreclosure View. Beware of anyone who asks you to pay a fee for any foreclosure review service.”

No organization has an “inside track” to assure you an approval. So, if anyone says this or intimates it in any way – and they ask you for money, stop dealing with them — immediately.

Also, if you’ve received a letter/email/text/phone call from ANY organization — even if it looks legitimate – asking you to pay a fee, and/or saying you need their help to get a foreclsoure review (eg, National Legal Help) – throw it in the trash. 

Learn more about independent foreclosure review scams – and how they locate unsuspecting victims.

Free Help with Your Foreclosure Review

NACA, a well-known advocate fort those facing foreclosure, offers FREE help/assistance/advice to homeowners. Learn more in the previously mentioned post, Foreclosure News: Lenders Required by Gov’t to Pay Homeowners Up to $125,000, Return Their Foreclosed Property, or Modify Mortgages.

You can also find free help via the Department of Housing and Urban Development (HUD). You can find HUD-approved, nonprofit organizations at makinghomeaffordable.gov/get-started/housing-expert. You can reach out to them via phone at 855-778-0855.

Foreclosure Review Deadline

Remember, the deadline is 12/31/2012. So, request your foreclosure review today. It’s free – and it only takes a few minutes.

Related Posts

Foreclosure Deal: One REALLY Good Thing to Come Out of It for Homeowners

The OTHER Foreclosure Settlement: You May Be Eligible to Be Paid TWICE – Even If You Didn’t Lose Your Home to Foreclosure

The Foreclosure Deal: Homeowners Who Lost Homes to Foreclosure Have Money Coming — and More Benefits for Those Trying to Hang Onto Their Homes

What the Foreclosure Settlement & More Short Sales Mean for Homeowners Facing Foreclosure

Stopping Foreclosure: How to Get Your Home Loan Modified Quickly with the Help of NACA

Get Foreclosure Help: How to Find Agencies that Will Help You Stop Foreclosure – For Free

Home Foreclosure News: Why 2012 Is a Critical Year on a Few Levels If You’re Facing Foreclosure

Stopping Foreclosure: Loan Modification Program That Helps Struggling Homeowners

Stopping Foreclosure: Banks Considering Giving Principal Reductions, Permanent Modifications & More to Prevent Foreclosure for Many Homeowners

P.S.: Foreclosure Clean Up Job Leads: FYI, don’t forget to bookmark the site and come back for direct leads on foreclosure cleaning jobs, foreclosure cleaning contracts and foreclosure cleanup request for bids on jobs. Always look under the “Recent Posts” heading to find the latest job listings.

P.P.S.: Like this post? Tweet it and follow Foreclosure Business News on Twitter.

Copyright © 2012 Yuwanda Black for Foreclosure Business News. Legal Disclaimer: The information dispensed on this blog is not to be taken as legal advice; it is for general purposes only. Please consult a qualified professional (eg, attorney, accountant, real estate agent, etc.)  — in your jurisdiction — before taking any action based on the information listed here.

No Holiday Foreclosures: Welcome News for Many Families

ForeclosureBusinessNews.com: “Foreclosure News the Average Joe Can Use!” Find Trusted Vendors, eg, Foreclosure Lawyers, Mortgage Consultants, Cleaning Co’s, Etc.

Santa Comes Early for Many Homeowners Facing Foreclosure This Holiday Season

Two of the nation’s largest mortgage lenders/backers (Fannie Mae and Freddie Mac) are halting foreclosure evictions during the holiday season. A partial explanation is given in the CBSNews.com article, Fannie, Freddie halt foreclosures for the holidays, which states:

The holidays are a chance to be with loved ones and we want to relieve some stress at this time of year,” said Terry Edwards, an executive vice president in Fannie Mae’s credit management division, in a statement.

This is no doubt welcome news for many homeowners facing foreclosure. But, it is a brief respite.

Foreclosure Filings WILL Continue During the Holidays

While foreclosure evictions will be halted — from Dec. 19 through Jan. 2, 2013 — all other foreclosure activity will progress, eg, foreclosure filing notices (eg, default notices, etc.).

Post continued below (eg, learn 4 things you can do to stop a holiday foreclosure) . . .
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With all the natural disasters recently (eg, Superstorm Sandy) there are plenty of foreclosure cleanup (and RE-related) jobs out there. Get your foreclosure cleanup “Business in a Box” and start this lucrative business right now for 40% Off!

Copyright Violation Notice: If you’re reading this entire post (snippets are fine) on any blog other than ForeclosureBusinessNews.com, it is stolen content. Scraping content (eg, using software to illegally copy and paste copyrighted content from websites and blogs) is becoming a common practice which affects every site owner. So if you see this content someplace else, please take a quick moment to send an email to [info]at[ForeclosureBusinessNews.com] (remove brackets, of course) so that we can take the appropriate action. Thank you in advance for your help.
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Facing Foreclosure during the Holidays? 4 Things You Can Do to Help Stop Foreclosure

Following are four things you can do to help stop foreclosure during the holidays. Remember, it’s always better to be proactive — instead of reactive. And, the beginning of the year will be here before you know it. Hence, just because your lender may be suspending foreclosure evictions for the holidays, it doesn’t mean you should rest on your laurels, so . . .

1) Contact Your Lender: Always keep your lender in the loop. Never stop contacting/negotiating with them — even during the holidays. Continue to try to work out a home loan modification, to refinance; negotiate a principal reduction (eg, if you’re underwater, etc.).

2) File Bankruptcy: Many bankruptcy lawyers offer discounts around this time of year. If you’ve exhausted all other options, this may be the time to finally face the music — and file bankruptcy to stop foreclosure.

3) Contact NACA: This is a non-profit organization that helps homeowners stop foreclosure (this link is to a week-long series we wrote on NACA (The Neighborhood Assistance Corporation of America) at the beginning of the year). Their services are totally free.

Following are four things you can do to help stop foreclosure during the holidays. Remember, it’s always better to be proactive — instead of reactive. And, the beginning of the year will be here before you know it. So just because your lender may be suspending foreclosure evictions for the holidays doesn’t mean you should rest on your laurels, so .

1) Contact Your Lender: Always keep your lender in the loop. Never stop contacting/negotiating with them — even during the holidays. Continue to try to work out a home loan modification, to refinance; negotiate a principal reduction (eg, if you’re underwater, etc.).

2) File Bankruptcy: Many bankruptcy lawyers offer discounts around this time of year. If you’ve exhausted all other options, this may be the time to finally face the music — and file bankruptcy to stop foreclosure.

3) Contact NACA: This is a non-profit organization that helps homeowners stop foreclosure (this link is to a week-long series we wrote on NACA (The Neighborhood Assistance Corporation of America) at the beginning of the year). Their services are totally free.

4) Contact a Foreclosure Lawyer: If you feel that you are being unjustly foreclosed on and feel like you’re getting nowhere with your lender, this is an option you might consider. Learn more about how a real estate / foreclosure attorney can help you stop foreclosure.

Related Posts

How Holidays Affect Foreclosure: No Breaks Given Simply Because It’s a Holiday

Home Foreclosure News of the Day: Deputies Refuse to Evict 103-Year-Old Woman and Her 83-Year-Old Daughter

Underwater On Your Home? Filing Chapter 7 Bankruptcy? Should You Reaffirm Your Mortgage?

“Cash for Keys” Can Help if You Have a House in Foreclosure & Can’t Afford to Move

Right of Redemption Laws: How to Get Your Home Back – Even After It’s Sold as a Foreclosure

Stopping Foreclosure: What to Do When the Bank Refuses to Accept Your Mortgage Payments & Tries to Escalate the Home Foreclosure Process

Foreclosure Lawyer: Need One? How Not to Get Ripped Off & Choose the Best One

P.S.: Foreclosure Clean Up Job Leads: FYI, don’t forget to bookmark the site and come back for direct leads on foreclosure cleaning jobs, foreclosure cleaning contracts and foreclosure cleanup request for bids on jobs. Always look under the “Recent Posts” heading to find the latest job listings.

P.P.S.: Like this post? Tweet it and follow Foreclosure Business News on Twitter.

Copyright © 2012 Yuwanda Black for Foreclosure Business News. Legal Disclaimer: The information dispensed on this blog is not to be taken as legal advice; it is for general purposes only. Please consult a qualified professional (eg, attorney, accountant, real estate agent, etc.) — in your jurisdiction — before taking any action based on the information listed here.