Owner Financing
If you are willing to accept monthly payments instead of a lump sum,
owner financing may be a possibility for you to consider. We will sign
a promissory note and make payments. The terms and amounts will be
negotiated to create a win/win situation.*
"Payment Takeover"
Yes, it is legal to take over payments on a non-assumable loan. This
strategy is gaining in acceptance. We sign a legally binding agreement
whereby we guarantee to make your payments. This method can be structured
to avoid violating the 'due on sale' clause of your mortgage.
Bankruptcy
We specialize in helping people avoid foreclosure and bankruptcy. If bankruptcy proceedings have begun, our transaction can be approved by the Trustee. Attorneys often fail to mention that most people are unable to keep their homes after bankruptcy - only delay the loss.
Foreclosure
If the foreclosure process has started, we can close quickly when speed is of the essence. With your cooperation, even liens and tax judgments can be addressed. Although this can seem like the last resort, you could be left with a deficiency judgement when it's all over.*
Lease Option
If you will allow us to put a qualified tenant buyer in the home we
can make your payments, handle management and you have no repairs
to worry about. You retain ownership of your home until the option
is exercised. The arrangement does not violate the 'due on sale' clause
of your mortgage. It can also help you qualify for financing on a
new home or save your credit.*
Option
We can aggressively market your house, with no expense or risk to you.
The house will not be 'taken off the market'. There will be no tenants.
You get an all cash sale when the option is exercised. However, we
cannot take over payments or maintenance under this arrangement and
the home must be vacant.
Cash
We buy at a discount to the market price and in exchange, you get a quick sale. You eliminate the risk that 90 or 120 days or even a year from now, your house is still unsold.
Of course there are no formulas to determine the best option for you and this list does not contain every strategy available. It's up to you to pick the offer that best addresses your needs. Each house is considered by us on an individual basis. Real estate deals are never perfect and often involve trade-offs. Price, closing date, interest rate, down payment, possession date, risk, repairs, transaction costs and market conditions impact every deal. You'll give up something in one area to get a little more in another to put together a deal where everyone wins.
*Note: After the sale you cannot continue to reside in the property.
You are transferring ownership of the property to someone else.
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