If your Your House Has Little or No Equity We Can Help
Traditionally in real estate sales, the seller pays for most of the cost of the transaction. Typical costs can be real estate commissions for both the buyer’s and seller’s agents, title insurance, escrow fees, real estate taxes, and often even fees for the buyer’s new loan.
In most cases, these costs will be in the range of 10% or more of the negotiated selling price. In today’s economy, money is tight for everyone. Particularly with FHA buyers, an additional 3% can be negotiated and come out of your sales proceeds. That means that for every $100,000 in the selling price, between $10,000 and $13,000 will be taken out of your proceeds at closing. $10,000 to $13,000 is a bitter pill to swallow for any home owner!
No wonder many sellers simply cannot afford to sell under these conditions. If you’ve bought your home with 100% financing in the last 5 to 10 years you most likely don’t have enough equity to cover these costs. And even if you’ve put up a 5% or 10% down payment, you may still be “under water” due to the declining markets and no appreciation.
We don’t need your closing costs. That’s why we are the best solution for you. We have solutions for many different situations – yours could be one of them! If your property meets our buying criteria, we can buy your home even if you cannot afford to pay for the cost of selling, and we will even cover any closing costs for you.
Behind in Payments or in Foreclosure?
Any property that is behind in payments or already in foreclosure will fall into the massive inventory of bank owned foreclosures. Savvy vulture investors find out immediately when you fall behind and will try to take advantage of your bad luck and steal your home from you.
The truth is, the longer you wait to act, the more pressure builds up on your negotiating power, and if you don’t do anything, you will eventually run out of options and lose the house to the bank.
Combine this situation and listing your home with an agent who just puts a sign in the yard and enters it in the MLS, and you have the perfect setup for failure. You simply cannot afford a “wait-and-see” attitude, but need to work with a pro-active direct buyer right now!
We can help! We work with a team of experienced negotiators who are closing our deals in a timely manner and specialize in creating win-win solutions for even the most hopeless foreclosure victim.
We have solutions to stop foreclosure now! Call 417-278-6264
The Realtor Couldn't Sell Your House
Many home owners list with an agent or realtor as the first choice of trying to sell their home. What they find is that agents often don’t market the property right and generate very few showings.
It can be difficult to find the right agent to sell your home. The truth is that a good portion of them are new to the real estate business and have only held their license for a few months or years, are inexperienced and don’t know the true values when they take on new listings. And what do they have to lose? After all, you are making the house payments when it doesn’t sell and sits on the market for months and months.
Quite frankly: Properly marketing your house for sale today is not as simple as it was a few years ago. Today, with the explosion of the internet, listing a house in the MLS and putting a sign in the yard simply isn’t enough.
That’s where we come in. We are not real estate agents. Our program allows us to buy your property directly. When we agree to meet with you, we are not looking to “sell” the home for you. If your home meets our buying criteria you will have a signed contract within 48 hours, and we will close very quickly or give you the time you need to move.
We Will Buy Your House Even If It Has Code Violations
If your property needs repairs, you may have experienced that it is much harder to sell in this market. Sometimes it can even be impossible to find a buyer, because lenders will not approve a loan on a property that needs excessive repairs or is not to code.
And more often than not, buyers are simply picky, because they have so many properties to choose from if they are qualified to buy.
When you don’t have the means or the time to fix the property before putting it on the market, it can become unmarketable. With lending standards as tight as they are, if you have even so much as a broken door knob, you may be trying to market the unmarketable.
In some cases, if the city or county red-tags the house you can be subject to fines or even lose the property altogether if you don’t take care of the problems.
If you are in that situation, don’t despair – you are not alone! Let your fixup be our burden. We are in a position to pay cash for your property and deal with any repairs after we close and you got your money. Why not get started today and see if your property can qualify for our buying criteria!
Making Double Payments?
Sally and Frank purchased their new home 1200 miles away because John had been transferred and had to start at the new location in March. The real estate agent who was listing their old home told them not to worry – once spring sales pick up he would get a buyer in their in no time.
In October, Sally and Frank were still making monthly mortgage payments on 2 houses – their new one and their old one, because guess what, it hadn’t sold yet.
Many people like Sally and Frank have no other choice than moving and leaving their old home behind for an agent to sell. They take the needed cash for the “double payments” out of their savings, sometimes even out of their retirement funds just to stay current on the mortgage and preserve their credit.
Meanwhile, they’re risking more and more that the money will never come back to them. Extended listing periods, declining markets, cost of upkeep and cost of selling all work against them. Wouldn’t you agree that Sally and Frank should take a look at a fast selling solution?
The problem with double payments is that you’re doing the right thing, but what suffers in the wake of double payments is your current home and your family.
Don't be like Sally and Frank, contact us today! We can make a cash offer and close quickly. Call 417-278-6264