Residential property owners facing dire circumstances approach home buyers for help. Circumstances, such as foreclosure, divorce, or the death of a loved one are reasons the current owner must sell quickly. Approaching a home buyer helps the owner get a faster payment and move on with their lives.
Avoiding a Foreclosure
Avoiding foreclosure helps the property owner maintain their credit rating and keep the ability to buy another home. Quick sales help the borrower get the money to pay off the mortgage faster. Paying off the mortgage instead of going through foreclosure helps the lender get the full outstanding balance and eliminates extra costs, such as placing the property up for auction.
Preparing to Move
Relocating means the homeowner needs to sell their current property before securing financing for a new property. Hiring a real estate agent increases the time the property stays on the market. The process is longer than a quick sale, too. The agent advertises the property and shows it to prospective buyers until someone submits an offer. Owners who need to move right now don’t have the time to wait.
A Better Return on an Investment Property
Investors who bought a property to flip and didn’t see the project to fruition turn to home buyers for help. A quick sale is a great way to get back what they invested into the property and avoid a serious financial loss. Even if the complete renovation didn’t happen, the investor has a better chance of at least breaking even with a quick sale.
How Do Quick Sales Work
Understanding quick sale procedures helps the residential property owner find a better solution for selling their home without significant delays. The investor collects information from the residential property owner, such as how old the property is, the property dimensions, and all amenities that come with the home.
The we buy houses company presents the residential property owner with a no-obligation offer based on the current market value of the property. The property owner either accepts the offer or denies it. If they accept the offer, the investor sends the payment via a wire transfer during the property closing. The money arrives in the seller’s account within one week.
A Great Way to Sell Residential Properties
Roods Real Estate presents cash offers for residential property owners in the Panama City and Panhandle region. All offers include a fair and reasonable price for residential properties. The company helps families facing foreclosure, divorce settlements, and unaffordable mortgage payments. The service provider manages the quick sale of hundreds of homes each year and gives families the relief they need. Residential property owners who want to learn more about the services visit https://www.850cashhomebuyers.com/ now.
Residential property owners sell their homes faster by starting a quick sale. Instead of a more traditional quick sale, the owners approach a company that buys residential properties. Homeowners get an offer that is fair and reasonable and choose the date for the closing. It’s a win-win situation for both parties.