Sell My House Fast During Foreclosure
Local Guy Buys Houses Can Help You Avoid Foreclosure
Are you facing foreclosure and in danger of losing your house? Regardless of where you are in the process, you can avoid foreclosure by selling your house to a local buyer. Local Guy Buys Houses can work with you to sell your house fast before your house goes to auction. We buy houses as-is. You can skip the repairs and renovations, as well as listing your house on the market.
Selling your house is easy. Call us today to schedule a quick walkthrough. If we like the house, we'll make a fair cash offer. If you accept the offer, you schedule the close date, sign the papers, and walk away. We pay all closing costs. Best of all, you sell your house without going through a realtor. To find out more about how to sell your house fast, call 866-862-7836 and get a fast cash offer.
Sell Your House Fast in 5 Easy Steps
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 Free, 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.
Step 4: We Open Escrow
After you accept our cash offer, we open escrow & get started right away so that we can close on your property quickly!
Step 5: 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 is one of the ways we do it!
Understanding the Foreclosure Process
When you miss the first two or three mortgage payments, there is a grace period. Your bank may send you a reminder and assess a late fee before moving forward with foreclosure proceedings. You may be able to make it up the next month, but it can be tough with the late fees and interest. It is easy to fall even further behind, which puts your home at risk.
The exact point at which your loan is at risk of foreclosure depends on the terms of your loan agreement. For most mortgages, it happens when you're 90 days late.
Notice of Default
When your home loan is in default, the bank files a Notice of Default with the court. They must let you know they've filed it within ten days. The notice includes information about your options for getting out of default. For example, you can pay all the back payments, along with interest and fees, to get out of default. You'll also need to keep up your insurance and property taxes.
According to federal mortgage laws, the lender must wait 120 days before sending the first notice or before they file a judicial or nonjudicial foreclosure. If you don't have the cash to pay back the late amount, the home will stay in a continued state of default.
Notice of Trustee Sale
After you receive a Notice of Default, you have three months to bring the loan current. After three months, the bank may set a date for the auction of your home. You will be notified that this has happened through a Notice of Trustee Sale typically sent to you via certified mail.
After you've received a Notice of Trustee Sale, the bank can set a date for the auction. The lender must wait at least 20 days after the Notice of Trustee Sale is sent to you. The sale may be postponed by a court or by the bank for up to a year. From there, they will send you a new Notice of Trustee Sale to send the house to auction.
Benefits of Selling Your House to Local Guy Buys Houses
Hiring a realtor and listing your house on the market may be the most common way to sell your house. However, it is not necessarily the best or fastest way to unload your property. If you are in a situation where you need to relocate, avoid foreclosure, or raise cash quickly, selling your house fast for cash is a smarter option. Consider these comparisons below:
You Can Sell Your House Right Away
It can take several months to prepare your house to sell and find a buyer. Having a skilled real estate agent does not guarantee that the process will be faster. Local Guy Buys Houses can make an offer within 24 to 48 hours, close in as little as seven days, and have cash in your hands within 30 days. You don't have to wait to sell your house.
Selling Your House for Cash is Easy
When you sell your house the traditional way, you must make repairs, schedule inspections, find creative ways to market your house, find a buyer, and close the sale. The process is too complicated for any home seller to handle. We simplify the process by eliminating all the barriers to selling your house.
You Save Money Selling Your House
Selling a house today is expensive. You are likely to sink cash into repairs, renovations, inspections, appraisals, closing costs, and realtor commissions. That eats into your profits. Local Guy Buys Houses can help you avoid these costs and put that money back into your pocket.
We Know the Market
We work with sellers across the U.S. Our buyers understand the market and the challenges of selling your house in this area. We have built a reputation as a local company that you can trust.
Sell Your House Fast for Cash Today to Local Guy Buys Houses
Selling your house does not have to take several months or cost you thousands of dollars. Local Guy Buys Houses offers a simpler solution to get out of your house or mortgage regardless of your situation. We can help you sell your house fast. Call us today at 866-862-7836 to get a fast cash offer.