Can I Sell My House Fast for Cash And Avoid Foreclosure? Yes!
If you’re currently facing a foreclosure and thinking, “Can I sell my house fast?” The answer is yes!
Foreclosures have risen year after year in Florida, with them up 35% in recent years. But, you can avoid foreclosure completely. With a cash offer from Home Options you can sell your house and close in as little as 7 days. Facing foreclosure is stressful and will have devastating consequences to your credit score, credit report, and current living situation — you don’t have to let this happen.
You have options. A cash buyer can present a unique opportunity to help you avoid foreclosure and the negative consequences that come with it.
Here’s how you can sell your home fast for cash and avoid foreclosure.
What Happens When You Face Foreclosure?
A foreclosure happens when you fail to make your monthly payments on your mortgage. The lender will then take possession of the property, and you must vacate the premises. The property gets sold as the lender attempts to recoup their loss. The entire process is expensive and time-consuming, with the lender recouping significantly less than the value of the home.
Why a Cash Home Buyer is the Answer
The lender wants to avoid foreclosure just as much as you. This is why selling to a cash buyer is one of the options lenders give homeowners. You sell your home to a cash buyer and then use the proceeds to pay off the loan and satisfy your debt obligations.
Advantages of a Cash Buyer
The main advantage of a cash buyer is that it enables you to avoid foreclosure. This means your credit score won’t take a hit, and your credit report won’t have a huge black mark for years to come.
Another advantage is the speed of a cash purchase. When selling your home on the market, it can take weeks to close. You may not have this kind of time when facing foreclosure. A cash buyer can close in as little as seven days. The cash buyer doesn’t need to secure financing and can process the entire transaction much faster than a traditional sale.
A third advantage is the dependability of a cash sale. Traditional property purchases include several contingencies that allow the buyer to back out of the sale. Many of these center around a required inspection. Selling to a cash buyer removes many of the variables and the inspection, so the entire process is streamlined. This makes the completion of the sale much more definite.
How the Process Works
You can start the process of selling your home for cash by contacting a cash buyer. You’ll fill out a simple form by answering a few questions about your home. If your home meets the buying criteria, then someone will contact you.
From there, someone from our team will take a quick tour to evaluate your home and the current market. You’ll then receive a fair cash offer in writing. There’s no obligation to accept the offer, so if it doesn’t work for your situation, you don’t have to sell.
If the offer works for you, then all you have to do is accept. Our team then meets you at a reputable local title office. We sign the paperwork, and you leave with cash in hand. You can choose the closing date, but the entire process can take as little as seven days.
Sell Your Foreclosure Home for Cash
Selling your home for cash is a great option that will help you avoid foreclosure. Talk with your lender and find out if they’re willing to work with you and the payoff amount required. You can then submit a request for an offer and begin the process of selling your home.
Our experienced and knowledgeable team will help walk you through the process. We can close as quickly as you need to in order to prevent foreclosure on your home.
Avoid foreclosure today by requesting a cash offer for your home.
Home Options Will Buy Your Inherited Property in Florida
|• Hillsborough County, FL|
• Safety Harbor, FL
|• Pinellas County, FL||• Oldsmar, FL|
|• Pasco County, FL||• Sarasota, FL|
|• Citrus County, FL||• Palm Harbor, FL|
|• Polk County, FL||• Dunedin, FL|
|• Manatee County, FL|
• New Port Richey, FL
|• Orange County, FL||• Spring Hill, FL|
|• Tampa, FL|
• Land O Lakes, FL
|• Odessa, FL|
• Wesley Chapel, FL
|• Trinity, FL||• Orlando, FL|
|• Clearwater, FL|
If you don’t see your specific city listed, request an offer to sell your Florida house. We buy houses in and around Tampa Florida, but we may also be interested in purchasing your home too!