Do you have question about the process for selling your home?
We understand that there are many different situations that lead to someone needing to sell their home. We also understand that there is not always an easy way to get answers for this sometimes overwhelming process. In many situations the conventional way of selling your home, either through a Realtor or on your own also may not be an option due to the limitations in the conventional process or the "normal" way of doing it. Each situation is different, and for that reason, we have become experts at solving problems by our ability to use one of our many creative methods to purchase your home. While we can’t promise to help everyone we will do the best we possibly can in any situation. Following are the four main methods we use to relieve many people of the financial burdens of unwanted houses.
All Cash Purchases, Lease With An Option To Purchase, Subject To An Existing Debt or Negotiate a Short Sale with the Lender.
All Cash – This is an option that is easy to understand and works great for someone who does not have a lot of debt or at least has some equity and is looking to be able to sell their property fast. We can pay cash for equity and in some cases we can close in under two weeks. Sell Your House
Lease With An Option To Purchase – This is a way we can come in and start making a payment to you almost immediately. This can be a life saver if you have double payments or other financial burdens that are making it hard or impossible to make your payments. This method allows you to remain on the deed and use our payments to put towards your mortgage payments. This will work great when you are having a hard time selling your house on the market. In most cases we can pay close to full market value, with the right terms. We would agree on a period of time we can lease with this option till we completely cash you out of the property. We pay for the property taxes in most situations and also handle all the maintenance issues. The only thing you have to do after we work out a plan is to walk to the mailbox each month to collect the payment from us - so you can move on with the rest of your life. Sell Your House
Short Sale – This term is used by the bank when they accept less then what is owed as payment in full. This can seem a bit complicated but we do most of the work and make it as hassle free as possible. An example of a short sale would be if John and Mary have a home and have fallen behind on payments. Each of these situations have a reason why some one fell behind and it is usually due to a hardship a person or family has endured. Let’s say in John and Mary’s case – John lost his job four months ago and Mary has been ill for the last year and has been unable to work. They had been working on remodeling their house before Mary got sick and John got laid off. It just happened that they had the house torn apart for the remodeling process just before their hardships started. Now the money is not there to finish any of it and the house surely won’t sell, in its current condition for what they owe to the bank. They owe $97,000. because they had borrowed money for the remodeling but that money was used to pay medical bills for Mary. The property would be worth approx. $95000. in good condition but with it torn apart for remodeling it may not even be worth $70,000. This is where we would come in at and negotiate with the Lender to accept approx. $70,000 as payment in full and allow John and Mary to got out from under this burden and start fresh. The only other option John and Mary might have is to let the bank take their home back through foreclosure. Sell Your House
Subject To an Existing Debt – This is an option that allows you to sell your house for the amount that is owed against it. In this method the deed would be transferred to the new owner but the same mortgage would stay in place and remain in the sellers name until it is paid or we sell the property again. This saves us the cost of having to get new financing and allows us to be able to pay more for the property and therefore help more people. Sell Your House
For your Free 1/2 hour Consultation on which of these options works the best for your unique situation, Call us at 570-374-2337. Contact us