Behind on the mortgage or property taxes?
If the payments have gotten ahead of you, a quick cash sale can pay off what's owed at closing and leave you with whatever equity remains. We'll look at the numbers with you and tell you plainly whether a sale makes sense.
How a sale can help
When you sell, the title company pays off the mortgage, back taxes and other liens out of the sale price before you receive anything. If the house is worth more than what's owed, the difference is yours.
Because we buy with cash and don't need a lender or repairs, the timeline is set mostly by the title work, which is usually much faster than a traditional listing.
When it doesn't work
If you owe more than the house is worth as-is, a straight sale may not cover everything. We'll tell you that up front instead of wasting your time. In that case it's worth talking with your lender about options, or with a HUD-approved housing counselor, who can explain choices at no cost.
We're house buyers, not lawyers or financial advisors. If you've received foreclosure or tax sale papers, have an attorney look at the deadlines.
How we figure the offer
Every offer comes with a written worksheet: what the house should sell for once it's fixed, minus the repair cost priced by a licensed builder, minus closing and holding costs, minus our margin. See an example worksheet.
Questions
Can I still sell if I've received a foreclosure notice?
Often, yes, as long as the sale closes before the foreclosure does. Call quickly. Every week matters.
How fast can you close?
It depends mainly on how quickly the title company can get payoff figures and clear title. We'll move as fast as the paperwork allows.
Is there a cost to talk with you?
No. The walkthrough and the written offer are free, and you're under no obligation.