How Foreclosure Works in Polk County
✔ Missed Payments – Lenders may start the foreclosure process after 90+ days of missed payments.
✔ Pre-Foreclosure – You may still have time to negotiate or sell the home.
✔ Auction and Repossession – If unresolved, the home is auctioned or taken back by the bank.
How to Stop Foreclosure
💰 Sell to a Cash Buyer – Avoid foreclosure and get paid quickly.
📞 Negotiate with Lenders – Some banks may agree to loan modifications.
🏡 Consider a Short Sale – Selling for less than what’s owed may be an option.
💡 Apply for Forbearance – Temporary relief if you qualify.
📞 Call The Coha Group today to discuss your foreclosure solutions!