Avoid Foreclosure. Be Proactive and Take Action
When faced with any dilemma, a solid plan needs to be formulated in a very fast manner.
Dealing with foreclosure should be handled in the same way.
Being in the foreclosure process on your home will affect all of your other financial activities and plans.
So it only behooves you to act accordingly and plan ahead while you can.
However, most of us are only compelled to act when we are actually in the situation and there are slim choices for us at that time.
So when should you act on your pending foreclosure?
As soon as you find out!
If you have found yourself in a situation regarding foreclosure, make contact with us right away. We can tell you what options you have to avoid foreclosure.
With your free consultation, you might be able to to formulate a plan to help yourself get out of the situation early.
Making decisions in this time is not to be taken lightly; you need sound and tactical advice concerning your situation.
“Knowledge is Power”.
But knowledge without wisdom does not produce action.
If you have found yourself in a recent Foreclosure situation you need to be proactive now.
Simply call us at 804/915-9475, or use this form to get our offer in 24 hours.
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Written by - Visit ChrisBuysHousesVA.comSell your house with no equity
http://www.ChrisBuysHousesVA.com
How can you sell your house fast even if you have no equity in the property?
It can be done, however a Realtor may not help you.
What you need is a company that can specialize in such situations to help you unload your property quickly.
Let me share a scenario to sell your house with zero equity to a company like us.
We are professional home buyers in Virginia but our reach via the Internet extends nationwide.
Zero Equity Short Sale
Short sales are one option.
This can only happen if you have fallen Behind on Payments and is a means to avoid Foreclosure
This short sale process is not fast, but it something that you can explore if you are tying to consider all your options.
Read our section on Short Sales to get an idea as to all the work involved.
If you have two mortgages, we may only have to short the second particularly if the second mortgage is with a different mortgage lender.
But they will only negotiate if the first mortgage lender is behind. That is how we create the equity needed to complete the sale of your house.
Disclaimer: This information is for educational purposes and may not be applicable in all states, nor may it be all the options available to help you sell your house fast with zero equity.
What now?
We can help. Start with this form, or call us at 804/915-9475. In a 10 minute confidential phone interview, we might be able to discuss other options that can help you in your situation.
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Written by - Visit ChrisBuysHousesVA.comI need to sell my house fast but have no equity
The title says it all — how can you sell a house in the current market when you have no equity.
Here are your options as I see it.
- Don’t move. Forget about it until the market recovers.
- Lease Option — sell it on a rent to own situation to cover your holding costs.
- Contract for Deed — sell it with owner financing
- Sell it and bring money to the table (we did that once already).
- Persuade the lenders to accept a short sale.
Unfortunately, none of these can help you sell your house fast when you have no equity.
The fast way to sell your house is to drop your price and make up the difference from your reserves.
That hurts. We know.
We’ve done it when one of our investments turned out wrong.
#5 is an option if the payments are falling behind (and I am not telling you to make your payments get behind).
Short Sale when you have no equity.
Options 2 and 3 are beyond the scope of this article.
We don’t know exactly what your situation is.
If your payments are already following behind, then a short sale is a potential option.
We have ways of helping you negotiate with your lender on a short sale and working with your real estate agent if you have one to help get it done.
If you are thinking about pursuing a short sale, we’d like to help you with it.
Simply give us a call at 804/915-9475 or fill out our contact form and we can at least talk about your situation.
Calls are confidential. We can talk, no matter where in the nation you are.
Though we are based in Virginia we can handle calls from anywhere in the US.
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Written by - Visit ChrisBuysHousesVA.com