A Short Sale let the bank take the house back and allow the home owner mortgage debt to Paid-In-Full without paying anything. To qualify for The Short Sale, the home owner must owe more than their home is worth; prove they have a financial hardship;
the bank or lender is about to foreclose on their home and their mortgage payments are behind. The Short Sale Process is very complex and requires an expert to navigate the lenders processes and for this reason very few Companies and Individuals know how to do Short Sales.
Foreclosure is the legal process by which a lender takes control of a property, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract.
We Buy Pre-Foreclosure and Foreclosed Homes. We Also Take Over Payments.
How Does Foreclosure Work?
When a property officially enters foreclosure, the lender will repossess the house due to lack of payment and sell it to recoup some of its money. This process can take a while. When the process is complete, you’ll receive a notice to vacate. (In most states, you have between five to 30 days to leave.) You’ll also receive a “Notice of Sale,” which states that the property will be "Sold at Auction" and it lists the date, time, and location of the auction. Your lender is required to publish the Notice of Sale in a newspaper in the county where the home is located before the Auction Date. You will still have the option to reinstate your mortgage before the Auction Date. If it's not to late, we will Stop The Foreclosure; Buy your Home with Cash and help you make a Profit. Contact us and Schedule a Meeting to see if it's too late for us to Stop Your foreclosure.
Distressed property is any property that is under foreclosure or being sold by the lender. Normally, a distressed property is a result of a homeowner who was unable to keep up with the mortgage payments and/or tax bill on the property. It is common for a distressed property to be sold below market value. We will make you a Cash Offer to buy your Home Quickly and Hassle-Free. We can close in 7 to 10 days after Title Search.
We Don't List Homes, We Buy Them With Cash.
We Buy Pre-Foreclosures; Estate Sales; Inherited Properties; Abandoned Houses. We Also Take Over Payments.
What Are Unwanted Houses?
Unwanted Houses up keep my be a little neglected; Very hard to properly market; payments not up-to-date and the home owner do not want to make any more payments. Unwanted House do not have to be in Good Shape. We will buy them "As Is" with Cash and we do not charge Commission Fees. No Obligation Free Quote. We can close in 7 to 10 days after Title Search. Contact us now for a "No-Obligation Free Price Quote."