Chris Buys Houses Fast in VA

And everywhere nationwide, buying Houses Fast anywhere in Virginia and the US

They waited to the last minute to avoid foreclosure

The most dangerous mistake you can make if your house is falling into foreclosure is to delay.

One seller waited nearly too late to avoid foreclosure.

Avoid_Foreclosure_in_Virginia_11

What did this seller do to avoid foreclosure.

This particular person was loosing his inherited house to foreclosure.

The house needed nearly 20,000 in repairs and the seller had emotionally given up on it.

The seller found my “We Buy Houses” ad in the newspaper and gave me a call at 804/719-1489.    He got me on the phone instead of a office assistance.

His house was nearly 1 hour outside of Richmond Virginia.

We setup an appointment.

The Seller almost was too late to avoid foreclosure

The auction was in under a week.

I offered to take over the payments of the existing mortgage, and give him some of his equity.

It was enough for him to start over.

After signing the paperwork, we ordered title work on the house.

This is for our protection as a buyer and your protection as a seller.

It took about 48 hours for the title research to be done, since this house was out in the country.

A title surprise almost derailed it.

This is where we ran into a title surprise that almost cost him the whole deal.

The last minute surprise almost caused the seller to loose everything to foreclosure.

He was not the sole owner.

He had inherited the house from his mother, but only his mother’s half.

Other siblings inherited a portion of the mother’s share.

To make maters worse, a former stepfather that the siblings didn’t like still owned the other half the house.

All told, there were 4 people on the title, and only 3 of them sharing 1/2 of the house.

How the Sellers decided to avoid foreclosure

We had the family have a meeting at the house.  It was tense, it was tough, it was not an easy deal to assemble.

Siblings didn’t like the fact that an ex step father was on title.

Siblings didn’t like that their brother had been irresponsible and not made the mortgage payments.

No one liked that the portion of the equity we agreed to give to the seller was now divided into much smaller parts.

Their option was clear – everyone sign off, or loose the equity payment to auction.

Accept the cash in proportional share at closing by signing the agreement, or accept nothing because the house would go to auction.

Did I mention that the family meeting was the day BEFORE the foreclosure auction?

They signed and we bought their house

After we closed on their house, they got their various portions of their check, and we had a house to rehab.

We fixed it up with nearly 20,000 in repairs and then resold it.  That same house is now pictured here:

We help sellers avoid foreclosure

Act Now to Avoid Foreclosure

Learn from this seller.

You have to act now to avoid foreclosure in Virginia.  Don’t wait until the last minute.

Their last minute rush put them in a panic position when there was a surprise on the title work.

It is much easier to sell your house when it is not the last minute.

If you want our offer to help you avoid foreclosure (anywhere in Virginia), click here and see your options

I want to sell my house to Avoid Foreclosure in Virginia

If you want to sell your house to avoid foreclosure in Virginia, I want to give you some options.

Avoid Foreclosure in Virginia

I have talked with several individuals like you who have found themselves too far behind on their house payments to catch up.

I have also talked with people who are just beginning to fall behind in their mortgage payments because of a job loss, a medical bill, or some other life transition that has caused a financial crisis in their life.

No matter what the reason is for falling behind on your house payment, the next step is for you do something today.

Sell your house to us

We have been buying homes out of foreclosure since 2005.

We are professional homebuyers who can treat you with dignity and respect in a situation where you may not feel like you have gotten enough.

We have the attorneys who will handle the details of the transaction so that selling your house is as easy as possible.

We handle all the paperwork.

You simply need to move and be out of your house by the time you close when sell your house to us.

We desire to make this transaction as smooth as possible so it is one less headache for you to deal with.

Here are some of the options to sell your home to us:

1.  We restore your back payments and your credit with that lender as we cure the default and keep the payments current.

2.  We could help you with a short sale of your house, where the bank will accept a balance less than what is owned.

3.  We simply purchase the house for cash for the balance owed if it makes business sense for us to do so.

Those are the three ways to sell your house to avoid foreclosure in the state of Virginia.  You may have other options, but if you have already decided to sell, those are your options when working with us.

Pick Your Next Step to Sell your house to avoid foreclosure

1.  If you want to read a little further on avoiding foreclosure through selling your house, go here.

2.  Call me at 804/719-1489 during normal business hours on the East Coast.  I try to answer my own phone.

3.  Fill out this form, and I’ll call you shortly:

Get an offer

Would your house pass FHA Inspection?

Sell your ugly house fast to avoid FHA requirementsWe buy houses fast in Richmond Virginia and anywhere else in the state of Virginia.

In some markets, these will be resold to first time home buyers who often are using FHA or VA loans to secure their house.

One reason people come to us to sell their house fast is that their outdated or will not pass an FHA or VA inspection, or even inspection for a section 8 rental.

While this is not an article focused on such inspections requirements, you have to consider this in your pricing.

How FHA inspections influence your selling price

A seller called me wanting to sell his inherited house fast for a certain price.

A partner went out to look at the house to determine if we could buy this nasty house fast.

The end goal was to buy this house fast, fix it up and resell it to a first time home buyer.  In this current market, that often means an FHA insured loan, or a VA loan.

Going through some of the requirements of such inspections, the partner came up with a list of expected repairs to pass that inspection to a future buyer: $30,000.

The seller was not prepared to see that his house needed $30,000 in repairs.  But many of those repairs would be needed to meet FHA requirements for first time home buyers.

To make a deal work, this seller would have to come off his asking price by $20,000, because of the additional repairs and upgrades required by the needs of an FHA inspection.  He knew this nasty inherited house needed work, but he wasn’t aware of the extent of work needed.

FHA inspection requirements force a price change.  The seller could choose to fix up his own house and sell it for full market value – or simply settle for the lower price and walk away from it.

In this market, FHA and VA will impact the price at which you can sell your house to an investor.

If you want to get rid of your house that has too many repairs, call us during normal business hours, eastern time 804-719-1489.

One way not to avoid foreclosure

Today a seller called me, wanting to avoid foreclosure next week.

His home is in another state, as I now market our avoid foreclosure services nationwide.

Unfortunately for me, he had waited too long to avoid foreclosure.  He couldn’t avoid foreclosure any more.

There was no time to

  • Visit the property
  • Negotiate with the bank on a short sale
  • And close the transaction in another state

A few weeks ago, another seller did the same thing on a parcel of land.  Foreclosure Auction was to be in 3 days.

One way not to avoid foreclosure is to wait until the last minute.

If you want to avoid foreclosure, you need to start the process early.

If you owe more than your house is worth, you have to start really early in the process to work a short sale.

If you have equity in your home, you can keep more of it by starting early.  The longer you hold out to avoid foreclosure, the less equity remains in your home.  It’s a ticking clock, day by day.

There might be other companies out there who will do emergency closings the day of the auction, but we do not.

Next Steps to Avoid foreclosure

If you want to avoid foreclosure, simply fill out our avoid foreclosure offer form here, or call us at 804-719-1489

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!

We help sellers avoid foreclosure

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 804/719-1489, or hit the “GET OFFER” Button Below form to get our offer in 24 hours.

That’ll be your first step to avoid foreclosure

 

Sell your house with no equity

Sell your home with no equity

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 short sales are 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.

Lease Option

Another popular option is to setup a lease option or a rent to own situation with a future buyer.

A future buyer with slightly dinged credit will want to lease your house while their credit recovers.  This implies all sorts of

  • credit screening
  • employment screening
  • criminal background checks
  • plus more.

The paperwork to setup a lease option correctly can be intimidating to someone who has never done it.

Virginia laws tightly regulate this activity to protect homeowners from falling prey to unethical investors.

Likewise, if you are not aware of these laws yourself, you may set yourself up for a giant fight between you and your future buyer.

You can choose to do this on your own, or you could use the partner services of my company to help you do a lease option in a compliant manner with the laws of Virginia.

What now?

We can help.

Call us at 804/719-1489, or fill out our offer form and we’ll be in touch within  few hours, normally.

In a 10 minute confidential phone interview, we might be able to discuss other options that can help you in your situation.

Top 3 Ways to Avoid Foreclosure in Richmond Virginia

You may have fallen behind on your mortgage payments due to unexpected

  • one-time circumstance,
  • a family emergency or
  • a gap in employment.

Let me share with you what I think are the top 3 ways to Avoid Foreclosure in Richmond VA

3 Ways to Avoid Foreclosure in Richmond VA

Avoid Foreclosure: #1 Catch Up On Your House Payments

If you can actually afford your monthly payment, catching up is a great option.

There are 2 main ways to catch up on your late mortgage payments:

  • Pay it Back All At Once:
    • Use a Holiday Bonus, family gift or a Tax Refund check to pay your past due balance in full.
  • Forbearance–
    • If you are more than a couple months behind on your mortgage payments, your lender may have started the process to auction your home or foreclose.  However, they may be willing to STOP your foreclosure process if you agree to (and qualify for) a forbearance.   This forbearance is an agreement between the borrower (homeowner) and the lender.  It is an agreement to pay back the past due amount over a period of about 3-9 months. You will need to talk to your lender to see if/how you could qualify for this.

Avoid Foreclosure: #2 Refinance or Re-Structure Your Current Loan

If you have not missed any payments, but know that you will not be able to afford your payments after a certain date (mortgage rate increase, ARM adjustment, loss or downsize of job), then you may be able to qualify for a refinance or a re-structure of your current loan.

You MUST have good credit for this option, and (in most cases) cannot have missed a mortgage payment.

  • Re-Structure – Some lenders are allowing borrowers (home owners) to restructure their current loan to include adjusting the interest rate and/or the term.
  • Refinance – If your good credit is still in tact, you may be able to refinance your current loan into a lower, fixed-rate loan that could lower AND stabilize your monthly payments. Contact a reputable lender or bank ASAP to take care of this before you miss a payment.

Avoid Foreclosure #3:  In Richmond VA, Sell Your Home Fast

Perhaps catching up on your payments or refinancing your loan are not an option for you.

Thus Selling your home is a great way to avoid a foreclosure in Richmond VA.

There are many ways to sell your home, but in either case, you will need to ACT FAST to make sure that your home SELLS before it forecloses.

In fact, you should try it first.

Your next steps

If you find that you cannot save your house from foreclosure, give us a call at 804/719-1489.  We are professional home buyers and we might be able to buy your house.

We will not buy it and lease the house back to you.  That is not allowed in Virginia, so don’t even ask.

If you don’t want to call, simply fill out tap the GET OFFER BUTTON below we’ll attempt to help you avoid foreclosure in Richmond VA.

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Stop Foreclosure in Tri Cities area of Virginia

Stop Foreclosure in the RIchmond Tri Cities Virginia

You want to stop your foreclosure in the tri cities area of Virginia?

This was the situation of a particular seller who called me one afternoon.

  • He lived in Colonial Heights Virginia and wanted to stop his foreclosure
  • He was 3 months behind on his payment to his mortgage.
  • The lender was threatening to foreclosure on his house.
  • His house was so ugly and smelly that he couldn’t put the nearly 20,000 in repairs it needed.
  • Cockroach crap was everywhere.
  • The vinyl floors were ripped up.

How could he stop his foreclosure?

He had a few options to avoid foreclosure, but they were running out.

He didn’t have the money to re-instate his loan.

He didn’t have the time or patience to try and get  loan modification.

He didn’t have relatives who would loan him money to get his loan caught up.

Desperate to stop the foreclosure, he decided to sell his house fast and called me.

I bought his house from foreclosure

I was able to buy his handyman special for the balance of his mortgage plus all the late payments that were due.

We were done with the transaction in about 14 days.

He stopped his foreclosure.

I bought his house.

What can you do to stop your foreclosure in the Tri-Cities outside of Richmond?

Your payments are behind and you are not sure what you want to do?  Follow these steps to at least get a sense of direction.

  1. Begin with a simple no-obligation phone call to us at 804-719-1489.
  2. Simply ask for Chris.
  3. I’ll spend the 15-20 minutes with you in a confidential phone call about your situation.
  4. I’ll recommend some options, based on my experience.

You’ll get some clarity on what you can do to stop your foreclosure, even if I don’t buy your house.

Or start by tapping the GET OFFER button, and I will give you a call during the business day.

 

Take Over My Monthly House Payments

We Buy Houses Taking over Payments

NOW SERVING NATIONWIDE – We’ll take over your payments if the house fits our formulas.

You want an investor to Take Over Your Monthly House Payments?

We are a company in Richmond Virginia that replies to your search request to “Take Over My Monthly House Payments”

The company is www.Chrisbuyshousesva.com.

NOW SERVING NATIONWIDE – We’ll take over your payments if the house fits our formulas.

We are now buying houses fast in and around the following areas:

Chesterfield, Richmond, Fredericksburg, Bowling Green, Hanover, Henrico, Petersburg, Chester, Colonial Heights, Hopewell, Sandston, and Goochland.

Reasons you want us to take over your payments

We are familiar with many reasons why people must sell their houses fast.

Some of the most common reasons include:

  • Relocation
  • Facing Foreclosure
  • Divorce
  • Need Repairs
  • Bad Tenants
  • Tired Landlord
  • Liens Owed
  • Making 2 House Payments
  • Inheritance
  • Over-Financed

There are also a variety of other reasons as well that may put you in situations that are preventing you from waiting a long time to hope for a potential buyer to sell your house to.

ChrisBuysHousesVA.com is now buying properties in The Richmond Virginia area and nationwide that solve your problem by taking over your monthly payments.

With all the smaller Virginia “we buy houses” companies available, be sure to work with one that has the experience and proper training that can handle all the legal documents and other necessary paperwork that would be necessary take over your monthly payments.

If we take over your monthly Payments, we will even pay your closing costs.

To start the process —

Call us at 804-719-1489 or fill out our offer form.