I Need to Sell My House As Is, and Fast!
If you’ve reached this page, it is likely that this thought has crossed your mind. Maybe you’re about to lose your house because you’ve lost your job or your mortgage payment is higher than what you can afford. Maybe you purchased a property at the peak of the market, and now your house is now worth less than the amount you owe. It might also be that you inherited a home which you’ve been unable to sell because it is in such bad disrepair. Maybe you’ve tried to sell but your real estate agent hasn’t been of much help and you are left wondering if there is someone out there who will buy your house fast.
What is a short sale?
A short sale, also known as a pre-foreclosure sale, is when you sell your home for less than the balance remaining on your mortgage. If your mortgage company agrees to a short sale, you can sell your home and pay off all (or a portion of) your mortgage balance with the proceeds. Depending on your situation, you may be required to make a financial contribution to receive a short sale.
A short sale is an alternative to foreclosure and may be an option if:
- You are ineligible to refinance or modify your mortgage
- You are facing a long-term hardship
- You are behind on your mortgage payments
- You owe more on your home than it's worth
- You have not been able to sell your home at a price that covers what you still owe on your mortgage
- You can no longer afford your home and are ready or need to leave
What are the benefits of a short sale?
- Eliminate or reduce your mortgage debt
- Avoid the negative impact of foreclosure
- May be eligible for relocation assistance in some cases
- Start repairing your credit sooner than if you went through a foreclosure
- May be able to get a Fannie Mae mortgage to purchase a home sooner (in as little as 2 years) than if you went through foreclosure (up to 7 years)
Relocation: Whether you decide to move or you are forced to relocate because of work reasons or military deployment, you need to do something with the house your leave behind.
Divorce: This is another common eventuality that may force you to sell your house. Couples are expected to split property by half if there are no prenuptial agreements. In case you are going through a divorce and you fail to agree with your partner who should take the house, you might be forced to sell your house against your will.
Job Loss: Also, you may have lost your job thus you are no longer in a capacity to meet your mortgage payments.
Debt: You may also be in debt i.e. you owe a company or someone money yet you are unable to meet your repayment obligations. If you debt is more than the value of your house, you may be forced to sell your house.
Increasing Crime Rate: The crime rate in your neighborhood may have escalated to a point where your family isn’t safe.
These are just some of the reasons why a person may need to sell his home. Regardless of your reason, you should know that you are not alone. Hundreds of thousands of people find themselves in a rush to sell their property every year. Most of them end up losing their homes to their bank, their debtors, the government or their homeowners association. We have helped many people in your situation. We understand what you are going through, your challenges and your fears. When you talk to us, we will work diligently to understand your real estate problem and offer you an effective solution.
It is better to face reality and do what you need to do to move forward… But we are here to help
One of the most challenging decisions a homeowner has to make is selling her house. This is because of obvious reasons i.e. emotional attachment, financial realities, etc. You may have spent a better part of your life living in a home you cannot longer keep. You may be forced to sell your house because of life’s twists and turns and as unthinkable as it may seem, it is better to face reality and do what you need to do to move forward. That is however easier said than done. It is not easy to sell your house when you are out of time and/or money, but we are here to help! Our goal is to find a win-win solution to your property problems, save your credit, and get the money you need to get back on your feet.
How Does The Process Work?
After you reach out to us, a local professional with a proven track record will get in touch with you.
The process is more challenging if you have short timelines. This is where our expert home buyers comes in. We understand how challenging it is to sell your house on a rush, which is why we give distressed homeowners the assistance they need to get their finances back on track. No one would want to sell their house to get a second chance in life. Unfortunately, life is full of uncertainties and sometimes things happen beyond our control, leaving us with no choice but to sell our house.
