Need to sell fast avoid foreclosure Vancouver WA? If so, you have come to the right place. Homeowners who are facing foreclosure are always under stress. Their current financial circumstances mean they can’t make payments on their homes and the options are limited. The process can potentially ruin their credit and make life much harder for many years to come. Trying to sell the house the traditional way isn’t the best option for such homeowners.
My Options To Sell Fast Avoid Foreclosure Vancouver WA
Hiring a real estate agent, listing the property with them, repairing or upgrading the house, staging, allowing potential buyers to inspect the property, and finally selling it may take many months. It may take between 3-6 months depending on how the buyer plans to apply for a mortgage loan to close the sale. A cash sale offers a faster way out for a seller who is facing foreclosure. It helps save your credit score, avoid eviction, and move quickly on to the next stage of your life. This article provides information on some of the many benefits of selling your property to a cash buyer when you are looking to sell fast and avoid foreclosure.
It isn’t difficult to understand why a home seller would be willing a accept a cash offer for his/her property. The process is quite convenient, quicker, and has very few obstacles to maneuver. Most of the time, a cash offer is a stronger offer – especially in a seller’s market. When homebuyers are competing with each other over limited inventory, buyers who are willing to pay cash have an advantage over buyers who plan to obtain financing to close the sale.
No appraisal is required in a cash sale. In a traditional sale, the buyer has to work with a mortgage lender. The lender should determine that the house they are financing is worth at least the loan amount to reduce their financial risks. An appraisal helps determine the value of a house. If the appraisal is low, the lender may refuse to fund the project and the sale could fall through. A cash sale takes the appraisal out of the process – which removes a huge obstacle from the selling process. That is why you need to “sell my house fast Vancouver WA” using a cash house buyer when you are facing foreclosure.
Fast closing is another advantage of selling your home to a cash home buyer. The mortgage lending process is quite a lengthy one. Most traditional sales require a mortgage to be underwritten. This process alone can take between 30 to 60 days. In fact, a lot can happen during this period. The lender can refuse the loan for whatever reason, and the sale can fall through. In contrast, a cash sale isn’t dependent on mortgage underwriting which means the risk of the sale falling through is significantly reduced. Most cash buyers are prepared to close the sale within 2 to 7 days depending on your schedule.
How To Sell Fast Avoid Foreclosure Vancouver WA
When you are looking to sell your house fast so you can avoid foreclosure in Vancouver WA, you don’t need to look further than His Hands Properties. The company will make a fair all-cash offer that you cannot resist. We buy houses Vancouver WA immediately regardless of the condition of the property. You don’t have to waste your precious time finding a real estate agent who you trust and who can deliver on their promise of selling your house quickly. Our goal is to make your life easier and help you move out from under the property that’s stressing you out. Connect with us via our web form, and we’d love to make you a fair no-obligation no-hassle offer.