If you’ve ever wondered, “Who will buy my house in this condition?” or “Who will buy my house fast enough to help me avoid foreclosure or bankruptcy?” You’re in the right place.
Today we’ll explore how a company that buys houses for cash like ours can help homeowners in distressed situations. There are two sides to every distressed situation we are involved with: the house and the homeowner.
We Buy Distressed Homes
On one side, we have a property that is “distressed” which simply means homes that are in need of major repairs. Believe it or not, dealing with distressed homes, is the easier part of our job.
Everyone knows what a house in good condition should look like. The yard is neat, the paint inside and out is new and has a modern pallet. The kitchen counters are made of durable single-surface materials, and the cabinets are roomy with appealing faces. Newer homes have open floor plans and let’s not forget the bathrooms! Bathrooms are redone top to bottom and fixtures are shiny and new. Fixing a house to sell requires some elbow grease, some creativity, lots of paint and some other supplies we can get from a hardware store.
This good-condition house model is straightforward and easy to follow. When we buy homes in as-is condition, the path to resolution is clear. The more complex part of our job is the homeowner.
We Help Distressed Homeowners
Distressed homes are just a signal to us that someone might need a helping hand. For every house we buy, there is a homeowner that we’ve helped.
There are many situations where a homeowner can find themselves in what we call a “distressed situation.” These situations stem from a variety of life events that create a domino effect and can leave the homeowner in a position that is both stressful and scary. These events can range from personal issues to financial struggles. Personal events include divorce or the death of a loved one. Financial factors can include getting laid off and facing foreclosure or bankruptcy. When needing to make choices between painting the house or affording food for the next month, it’s easy to see how a house can fall into disrepair.
In every situation, time is of the essence. Every day that goes by without a solution can mean falling further behind. It can take us under two weeks to complete a sale and have you on your way.
Short Term Relief
Luckily, for the homeowners in these situations, there are many loan options to help but most of them come at a price.
Loans like cash advances, credit cards, and borrowed money can help in the short-term. Ultimately, they represent bad debt and can do more harm than good by adding additional interest charges on the amount you already owe. Going into debt to repay debt is a trap that is not easy to get out of.
Sell Your House As-Is
Unlike loans, when we buy your house you get to walk away with cash in hand, without additional debt. While it can be hard to give up your house, it’s harder to live wondering how you’re going to make ends meet. After the sale, you can begin putting your life back together knowing that you have money to help you move into an affordable home, pay your debts, and get the help you need.
When you sell your house as-is, you don’t have to put additional time or money into it. You can simply take what you want from the house, and walk away in a better financial position.
How We Work With You to Buy Your House
We are a solutions company first and foremost. Our goal is to leave every person we work with in a better spot than when we found them. This means that we will use all of our resources to make sure that your needs are taken into account above and beyond the final house sale.
As no two houses are alike, no two distressed situations are alike.
When you call us, we’ll ask you a few simple questions to understand your situation better. From there we’ll schedule a house visit that should take no more than one hour. While at the house we’ll be looking at the house condition. We’ll take a lot of pictures to help us recall details without needed to stop by the house a second time.
During our visit, we’ll want to sit down with you to find out more about your unique situation. You see, we have many different ways we can structure a house sale and we want to make sure you’re able to walk away with the most money possible.
By the way, you never have to pay for agent commissions, or additional fees when you sell to us directly. This is one way we are able to get you more money when we buy your house.
Sell Your House with Our Agent
In order for a cash offer, the numbers must work for both the home seller and us. Not all homes are going to be good candidates for cash offers and fast sales. Sometimes, the home is in good shape and only needs a little bit of updating. In this case, our in-house agent can list your house and sell it to retail buyers.
Just like any other real estate agent, we’ll take care of showing your house, marketing, and the paperwork to get it sold quickly.
The advantage of working with our in-house agent is that you get to see all of your options up-front. We’ll work with you to help you determine the best choice for your circumstances. You’ll be able to ask about the advantages of selling to an investor versus selling to a retail buyer.
Common Questions About Selling Your House As-Is
Selling your house is a big decision and you may still have many unanswered questions. That’s why we wrote the book “We Buy Houses for Cash.” It covers many questions you may be asking:
- How much money will you make on my house?
- Will you buy my house in any condition?
- What distressed situations can you help with?
- Can you buy my house if I don’t have a real estate agent?
- And many others
Find out more! Download this FREE ebook before selling your house.
