BEHIND ON PAYMENTS, FACING FORECLOSURE
What is Pre-Foreclosure? Pre-foreclosure refers to the legal situation a property is in during the early stages of being repossessed. Reaching pre-foreclosure status begins when the lender files a default notice on the property, which informs the property owner that the lender will pursue legal action toward foreclosure if the debt isn't paid.
Are you behind on payments and feeling the pressure of not being able to catch up before you property is on the slippery slope of falling into the overcrowded inventory of bank owned real estate.
The truth is, the longer you wait to act, the worse the situation gets, and ultimately you run out of options and lose the house to the bank. One of the main options, that homeowners have is to get an agent and list their home on the MLS. Finally, a little light at the end of a dark tunnel. But the truth is, YOU really don't have the time to "wait-and-see". In some markets homes sit on the MLS for an average of 60 days. By then, your home could be going into auction.
We know how you are feeling and WE ARE HERE TO HELP IMMEDIATELY! We have the solutions to SAVE your credit, STOP your foreclosure process, both creating a win-win situation for you. We have a team of experienced foreclosure specialist who are waiting to help you. We have the solution to HELP stop your foreclosure now!
HAVE A HOUSE WITHOUT ENOUGH EQUITY
Equity is the difference between the market value of your home and the amount you owe the lender who holds the mortgage. Put simply, it’s the amount of money you'd receive after paying off the mortgage if you were to sell the home.
Sadly enough, the average family never acquires an adequate amount of equity in their property to receive a good profit. The major kicker in all this, is even if you did live in your home long enough to earn a little equity, the minute you sign a contract with the perfect realtor, you can kiss goodbye up to 10% of your equity gone! Yes, that's right, you will have to pay commission for a sellers agent, buyers agent, and closing cost.
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. Yes, we know it's adding up!
Picture this: 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. Now all that blood, sweat, and tears you put into your mortgage each month seems like it was just a waste of time. It's no wonder so many sellers just can't afford to sell.
If you purchased your property with 100% financing in the last 5 to 10 years more than likely you don’t have enough equity to cover commissions and closing cost. And even if you’ve put up a 5% or 10% down payment, you may still be in "over your head” due to the declining markets and no appreciation.
SELL EVEN IF YOU'VE LISTED BEFORE
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 home 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.