Sell Your House Fast to Avoid Foreclosure
Once you get behind on your mortgage payments by three months or more, it is almost impossible to recover. By this point, you may have thought about selling the house and starting over. However, in today’s economy, it can take up to 12 months to find a realtor, prepare your house to sell, and find a buyer. Do you have that much time before the bank repossesses your house? A smarter option may be to sell your house fast for cash.
Tacoma Cash Offer can help you sell your house fast before it goes to foreclosure. Our local home buyers can do a quick walkthrough of the house, make an offer, and close the sale in as little as seven days. You pay no closing costs or realtor commissions. You walk away free and clear with your good credit intact. Call us today at (253) 300-2897 and let us make a fast cash offer. We buy houses as-is in Tacoma, Washington.
How to Sell My House Fast for Cash
Tacoma Cash Offer takes the burden out of selling your house the traditional way. If you want to avoid needless repairs, listing & showing costs, and closing costs, then follow our three-step process for a fast cash offer.
1. Contact a Local Cash Home Buyer
We are local investors that live in the Tacoma, Washington area. Simply call us, and we can schedule a quick visit to your property. Tell us the details of your property and let us assess your house.
2. Get a Fast Cash Offer
If we decide to buy your property, we’ll make a cash offer. Although we do not pay 100 percent of your home’s market value or your asking price, we will make you a fair offer. Plus, you receive cash for your home without all the hassle.
3. Schedule Your Closing Date
If you accept our offer, then we schedule a closing date. You can have cash in your hands in as little as seven days after closing. Plus, we pay all the closing costs! Selling your house for cash has never been easier.
What Are the Consequences of Late Mortgage Payments?
Everybody is late on their mortgage payments from time to time. A homeowner may occasionally miss the grace period, get hit with a late fee, but make up the payment in a week or two. When the late mortgage payments start adding up, they create a domino effect that hurts your financial portfolio across the board.
Poor Credit Score
Your mortgage can take up to 35 percent of your overall monthly debt or reportable bills (utilities, etc.). As a result, every late payment is magnified on your credit score. Once you reach three late payments or more or go into foreclosure, it can prevent you from getting a loan of any kind for two to three years.
Unmanageable Monthly Budget
If you funnel all your monthly into your mortgage to catch up on your payments, it can create instability in your monthly finances. You may eventually get behind on all your payments and have difficulty keeping up with your monthly expenses. Eventually, your late mortgage payments throw your entire budget into a tailspin.
When it comes to managing your mortgage, the worst-case scenario is a foreclosure. The bank may start the process of repossessing your house if you are late on your payments 90 days or more. Foreclosure gives the bank the right to reclaim the house, kick you out, and resell your house at auction. However, it doesn’t end there. If the bank does not recoup 100 percent of the loan, they may force you to pay the rest of it, even if you have been evicted from the property.
What Are the Advantages of
Selling Your House for Cash?
Zero Fees to Sell Your House
When selling your house, the traditional way, you may have to pay local and state government fees, assessment agencies, mortgage companies, and your realtor. The fees can add up quickly, eating into your profits by thousands of dollars. When you work with Tacoma Cash Offer, you pay zero fees to sell your house fast.
Fair Cash Offer
When you work with a local house buyer in the area, you typically sell your house for a percentage of the market value. At first glance, this may seem like you are losing a lot of money. However, when compared to closing costs, repairs, and other expenses, it is possible to come out better by selling your house directly to an investor.
No Cleaning or Repairs
When you go through a realtor and list your house on the real estate market, you will likely have to make some renovations and repairs to make the property more attractive to house buyers. You may be thinking, “I would just like to sell my house as-is.” At Tacoma Cash Offer, we buy houses in any condition. Sell your house as-is today.
No Realtor Commissions
Did you know that the average realtor commission on a house sale is five to six percent? That means if you sell your house for $100,000, the realtor takes $6,000 off the top. When you add that to all your other costs, you may see little to no profit at closing. With Tacoma Cash Offer, you pay zero commission.
We Buy Rental Houses in Tacoma
Are you a tired landlord who is ready to get rid of your rental house? Our local cash home buyers can assess your house and make a fast cash offer. Let us deal with your tenants so that you can walk away free and clear with no strings attached. We buy rental properties in Tacoma, Washington.
Close When You Want
On average, it takes 60 to 90 days to sell a house. After that, it can take up to 45 days to close. Do you have that kind of time? If you accept a fast cash offer from Tacoma Cash Offer, you can close and get cash-in-hand in as little as 30 days. You don’t have to wait to close on your house.