Many home owners find themselves in a situation where they are unable to make their mortgage payments. Some may not been able to pay the yearly property taxes these two situations can lead to the house being at an Auction.
What can a home owner do?
As an owner of a house you can still sell the house even after you have been notified that you are late on either one of these two situations. We have seen that homeowners have been successful at selling their home before they are faced with this situation. Sometimes due to the many stressors this puts on a person they will wait and unfortunately be faced with moving from the home because, the house was sold at the auction. This is an extremely bad situation for the owner of the home and their family as well.
Options
There are many options available in order to sell the house and pay off your debt. Call a home buyer that will give you cash for your house…close quickly A seller may be able to buy another house at this point, one that is more affordable.
If the seller waits until the house is taken by the bank and or auctioned off to another person, they risk liability for the remaining balance. If the house doesn’t sell for as much as the bank or the city needs to cover the outstanding balance. This may also hurt the home owners credit score which could inhibit the home owner from buying another house for a while. It could even affect the owner when trying to rent another place.
Whether your house is in perfect condition or it needs lots of repairs and or remodeling contact us to receive a cash offer on your house, you can close quickly or if you want or schedule your own closing.
Call us today for your cash offer at 813-278-6948 or fill out the form below:
