We Buy Houses Fast - Huntsville Alabama: You started out with the American Dream firmly in mind. Your family wanted to own a home instead of renting any longer. Loans came available that looked like you might indeed be able to pull this off. You signed a contract for a loan that had reasonable payments and you were doing just fine. That is, until the bottom dropped out of the economy and you lost your job.
What your spouse makes is not too shabby and you have just started at another job, although it doesn’t pay what you made before. There may be a way to keep your house if you can do something about the original loan terms. The interest rate is a bit too high and the ARM feature makes it inevitable that the mortgage payments will increase next year when it resets.
You have some options that you should try before giving up. Don’t wait for the loan to reset or to get behind on your payments. You may be able to talk to a credit counselor or your lender to get the loan refinanced with a lower interest rate or even a deferred interest arrangement. Many lenders are anxious to work with their borrowers to lower their foreclosure numbers. It is very expensive to a bank to process a foreclosure, not to mention the money they will lose when they must sell the property at auction for a discounted amount.
Selling your house while your credit is still in good stead might be a great idea in this case, as you can get out from under this monster mortgage and downgrade to a smaller or less expensive house until you get your bearings once again.Try calling a real estate investor by looking in your local phone directory or observing their numbers on billboards. They usually say something like ‘we buy ugly houses’ or ‘get cash for your house.’ Real estate investors buy houses for cash or have lines of credit available so the transaction can take place quickly. They don’t require that you repair anything, remodel, or even clean the house up if you need to get out in a hurry.
Most investors pay a reasonable amount for houses and you could possibly receive 70 to 80% current market value for your house. Every case is different, of course, but nearly every closing is done within a week or two of the initial call for an offer.
|We Buy Alabama Houses! There are many reasons why yWe specialize in creating solutions that are win-win. Tax liens, over financed, too many repairs, estate sales, every situation is unique. We also want you to know there is something you can do that is far better than a FORECLOSURE… it is called a SHORT SALE.
We specialize in helping people during this difficult process. There are so many reasons why you may need to sell a house fast. What ever the reason, we can help, keeping your unique situation in mind!
For a free, fast, no obligation offer on your house for sale Click Here
|Not in the Huntsville Alabama Area and Have a House to Sell?|
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