{"id":50,"date":"2019-04-01T04:13:46","date_gmt":"2019-04-01T04:13:46","guid":{"rendered":"https:\/\/cashforhouseshoustontx.com\/?page_id=50"},"modified":"2020-01-14T02:28:44","modified_gmt":"2020-01-14T02:28:44","slug":"foreclosure","status":"publish","type":"page","link":"https:\/\/cashforhouseshoustontx.com\/foreclosure\/","title":{"rendered":"Want to Sell or Short Sell Your Home Before Foreclosure in Houston TX?"},"content":{"rendered":"
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The road that leads to facing foreclosure might not be something you ever expect to experience, but overdue mortgage payments can happen to even the most prepared homeowner. Whether your property is underwater or you\u2019re scrambling to avoid losing your home equity without any profit to show for it, there are options available to help you avoid the worst case scenario.<\/p>\n
Alternative courses of action exist to prevent foreclosure from wreaking havoc on your credit. Possible solutions for a homeowner who is worrying about foreclosure include declaring bankruptcy, selling the condo or house, and offering a deed in lieu option to the bank or mortgage company. No matter how fast the foreclosure sale is closing in, you can still take action.<\/p>\n
Surrendering your deed can stop the foreclosure sale date from causing you additional stress. That said, lenders don\u2019t always agree to this solution, seeing as the deed in lieu route could mean the lender is liable in cases of a second mortgage or lien. Plus, your credit would be damaged by this similarly to foreclosure\u2019s impact.<\/p>\n
While this option may seem as though you\u2019re solving one problem by creating another, you\u2019re immediately given a little over 2 weeks to file for Chapter 13 repayment and reorganization plans by declaring bankruptcy. This time can also be put to good use in postponing mortgage foreclosure by selling your residence or negotiating with your lender. But please note that bankruptcy affects your credit stronger than the foreclosure itself.<\/p>\n
You can sell your residence to stop the home loan foreclosure process once it has started, even if the amount you owe for your home is more than the property\u2019s market value. Selling before foreclosure under these circumstances is called a short sale, where the lender is given the resulting profit to resolve the debt. A short sale can make a big impact in getting your finances back in the green, and although it\u2019s common to still owe money after a short sale, some lenders will forgive the rest of the debt and call it even.<\/p>\n
Selling your Houston, TX home with debt attached can be a massive undertaking, which means you need someone in your corner that values speed and has the years of experience needed to get the job done. Cash for Houston Houses TX is the reliable cash house buyer up to the challenge.<\/p>\n
If you need to quickly sell or short sell your home, look no further. We\u2019ve offered short sale assistance for years. By taking on the work ourselves, we get homeowners out of pre foreclosure fast and easy.<\/p>\n
Because we\u2019re quick sale home buyers who know that you want your profit sooner rather than later, we have money on hand. Since we don\u2019t have to be approved for a loan to make an offer, you get your profit fast.<\/p>\n
We buy houses with equity and short sale homes no matter the defects, so you don\u2019t have to worry about your house\u2019s condition stopping you from closing a deal. Instead, you can sell as is to us and let us handle any needed repairs.<\/p>\n
We value transparency and clarity. Unlike other selling options out there, we don\u2019t include paperwork fees or other unwanted surprises in our transactions. Short selling without a realtor saves you from paying any commissions or unexpected expenses!<\/p>\n
We offer serious short sale help for sellers, and we take every opportunity to lessen your stress in this transaction. We\u2019ll handle all of the paperwork and complications ourselves so you can sit back and breathe a little easier.<\/p>\n