When was the last time you paid your mortgage? Was it last month? The month before that? Do you even remember? Well, don’t fret. We Buy Fast Houston Houses is here to give you a way out before you lose everything.
First off, we just want you to know that we understand how stressful this time has been for you and your family. In fact, it’s because we know a lot of homeowners in Texas are grappling emotionally and financially that we decided to draft this article.
So you’re not alone. Just read on and you’ll learn how other home sellers got out of this predicament.
Don’t burry your head in the sand
By now we’re sure you’ve already received numerous notifications reminding you that foreclosure is in the horizon. We also know that you’ve been ignoring them because if you didn’t, you wouldn’t be here reading this.
There’s something that you should know. Burying your head in the sand won’t make the problem go away. We know everybody is grappling to make ends meet but that shouldn’t be an excuse. You actually need to show that you’re trying just like everybody else.
So what’s the first step? It’s to get off of your couch and call your lender. Communication is vital here. Let them know that you’re doing something about it. Ask for time if you have to. We’re sure they’ll help you figure something out because banks fear foreclosure as well.
The For Sale By Owner option
On the surface, especially if you’re bank account has few zeros in it, this will look like a viable option. But don’t be fooled. It’s not, and it can complicate a lot of things.
Think about the kind of things that real estate agents in Houston, Texas, often handle when selling my house fast. Then ask yourself, can you handle all that without a professionals help?
Now think about the paperwork involved? Think about the legalities of selling my house quickly on the market. Do you even understand how the legal framework works?
The bottom line is, selling my home on your own is not an option that you should be considering if you’re behind on mortgage. Quite frankly, it’s not an option worth considering if you’ve never sold a property before.
Real estate agent
Compared to the FSBO option, this is slightly better. However, you still have to factor in the commission, upgrades, repairs, and everything else that the property will need in order to be market-ready.
In other words, a realtor is not really an option for someone who’s struggling to stay afloat or has debts to pay. The demands will sink you even before you get an offer from anyone.
There’s this one selling method that allows you to not only sell my home fast, but also sell it as-is. Ever heard of it? Never? Well, that’s another reason why We Buy Fast Houston Houses decided to draft this article. Just call us and we’ll tell you more about it.