Sell Your House Fast to Avoid Foreclosure
We Just Made Selling a House to Avoid Foreclosure Easier
Are you facing foreclosure and looking for a way to sell your house fast? If so, we can help. Local Guy Buys Houses can buy your house as-is and pay cash for the property. If you can’t pay the mortgage and may lose your home, our cash home solution helps you sell quickly to avoid foreclosure, bankruptcy, or a short sale.
When you sell your house as-is for cash, you don’t have to make any home repairs or schedule an inspection or appraisal. We buy directly from you. So, you don’t have to hire a real estate agent or pay realtor fees. Plus, we pick up 100% of all closing costs, giving you flexibility to sell your house right now. It’s the simplest way to put an end to your mortgage payments and the threat of foreclosure.
Fill out our online form or call 855-205-5999 to get a fast cash offer from Local Guy Buys Houses. Sell your house fast!
We Work with Home Sellers in All Types of Situations
Late mortgage payments can hurt your credit, cause you to lose your home, and ruin your chances of buying a new home anytime soon. Local Guy Buys Houses offers a cash offer solution regardless of your circumstances or the condition of your house. We work with sellers in all types of situations, including
Foreclosure
The foreclosure process involves the following steps:
- You default on your mortgage payments.
- The lender initiates the non-judicial foreclosure process, which doesn't involve the court system.
- A Notice of Default is recorded, and you'll receive a copy along with a set time period to resolve the default, usually 30 days.
- If you're unable to resolve the default, the lender will publish a Notice of Trustee's Sale, specifying the auction date.
- At the auction, your property will be sold to the highest bidder, ultimately resulting in the loss of your home.
A cash home sale from Local Guy Buys Houses can help you avoid foreclosure by providing a quick and efficient solution to sell your property. By receiving a fast cash offer from our buyers, you can obtain the necessary funds to pay off your outstanding mortgage balance and avoid the negative consequences of foreclosure on your credit.
Bankruptcy
The bankruptcy process starts with credit counseling and the submission of a petition to the court. You'll need to provide detailed financial information, including your debts, income, and assets. Depending on your situation, you may file for Chapter 7 or Chapter 13 bankruptcy.
Chapter 7 involves liquidating your non-exempt assets to pay off creditors, while Chapter 13 establishes a repayment plan to pay back debts over time. Both types of bankruptcy have long-lasting effects on your credit score.
Local Guy Buys Houses can help you avoid bankruptcy by providing immediate funds to pay off outstanding debts and address your financial difficulties. Selling your home for cash streamlines the process, eliminating the need for repairs or updates, and bypassing the uncertainties of traditional financing.
By selling your house quickly to our buyers, you can potentially settle your debts and regain financial stability, avoiding the detrimental effects of bankruptcy on your credit and future borrowing opportunities.Short Sale
A short sale occurs when you sell your home for less than the outstanding mortgage balance with your lender's approval. This option is often considered when you're facing financial hardship and can't meet your mortgage obligations. However, a short sale can negatively impact your credit score and may require a lengthy approval process with your lender.
We offer a quicker, more efficient solution to your financial troubles. By receiving a cash offer, you can sell your home without the need for lender approval, expediting the process and potentially preserving your credit. Our cash offer solution involves fewer contingencies and complications, providing you with a smoother and more hassle-free experience compared to a short sale.
Our Simple House-Buying Process
If you are trying to avoid foreclosure or bankruptcy, a traditional home sale will not work for you. There is no guarantee you’ll find a buyer to stop the foreclosure process. Plus, you may not have money to cover your selling costs.
Local Guy Buys Houses simplifies the selling process by removing the obstacles and giving you more options. Our house-buying process includes the following easy steps.
Step 1: Tell Us About Your House
Before we buy your house we need to gather information to give you the best cash offer. All it takes is submitting our simple form or giving us a call at 855-205-5999
Step 2: Schedule an Appointment
We will schedule an appointment to ask you a few more questions about the house so that we can put together a fair cash offer that works for both of us.
Step 3: Get a No-Obligation Offer
We will buy your house as-is regardless of its condition. You never have to worry about paying fees, commissions, or repairs. Get a quick cash offer in as little as 24 hours.
Step 4: You Cash Your Check!
The last and most important step is you receive the check for your house! We love helping as many people in our local community as possible, and buying homes for top cash value.
What Are the Advantages of a Cash Home Sale?
Make No Home Repairs. We Buy Houses As-Is
At Local Guy Buys Houses, we purchase properties in their current condition, saving you the time, money, and stress of making costly repairs. You don't have to worry about fixing any issues or updating your home to make it market-ready – we take care of everything for you.
You Don’t Have To Hire a Realtor or Pay Realtor Commissions
When you choose a cash home sale with us, you bypass the need to hire a realtor and pay costly commissions. We handle the entire process, ensuring a smooth, stress-free experience for you while saving you money.
Sell Your House in As Little as Seven Days
We understand that time is of the essence, especially when facing financial challenges. With Local Guy Buys Houses, you can sell your home in as little as seven days, allowing you to quickly access the funds you need to move forward with your life.
Work With a Pre-Qualified, Committed Home Buyer
As a pre-qualified and committed home buyer, we're dedicated to providing a seamless and efficient cash home sale experience. You can trust us to follow through with our commitment to purchase your property and help you achieve your financial goals.
Pay No Closing Costs
With Local Guy Buys Houses, you won't have to worry about any hidden fees or expenses. We cover all the closing costs associated with the transaction, ensuring that you receive the full amount of our cash offer.
Don’t Wait for a Loan Approval
Unlike traditional home sales that rely on financing approvals, our cash home sale process eliminates the uncertainty and delays associated with loan approvals. You can rest assured knowing that your home sale will not be derailed by financing issues.
Call Today and Get a Cash Offer in 24 Hours
If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact Local Guy Buys Houses. We buy houses as-is. No repairs are needed. Avoid closing costs and realtor commissions. Close in as little as seven days. Call 855-205-5999 to get a fast cash offer from our local home buyers.
Frequently Asked Questions About Foreclosure
A deed in lieu of foreclosure is a legal arrangement where a homeowner voluntarily transfers ownership of their property to the lender to avoid the foreclosure process. It is typically used as a last resort when other options, such as loan modification or short sale, have failed. This option allows the homeowner to provide the lender with a quicker and less costly resolution.
If your home is foreclosed, you generally do not receive any money from the foreclosure sale. The proceeds from the sale are used to cover the costs of foreclosure, such as repairs, cleaning, and legal fees. Any remaining funds may go towards satisfying the outstanding mortgage debt, but it is unlikely that you will receive any money back from the sale.
Yes, you can sell your house while it's in foreclosure. You can sell your home independently before the scheduled auction date. However, you must sell it before the bank can repossess it or sell it at a foreclosure auction. Whether you get your money out depends on whether there is equity in the property or whether the sales price is greater than the amount you own on the mortgage.
If a foreclosed home doesn't sell during a public auction, the lender will become the owner. These properties are often referred to as “bank-owned”. The lender can attempt to sell the property through a broker or with the assistance of a real estate-owned (REO) asset manager. If the home doesn't sell for enough money to clear the debt, the homeowner might still owe the lender the deficiency.
If you want to avoid foreclosure and don’t want to keep your property, your best option is to sell your house as-is for cash. Klamen Real Estate Group can help you avoid foreclosure by paying cash for your house and closing in a few days. You can sell your house to avoid foreclosure in Missouri.