Sell My House Fast in Distressed House

Sell Your Distressed House Fast in 5 Easy Steps

When you sell your house the traditional way, you have to jump through several hoops just to get your house on the market and find a buyer. However, when you work directly with Local Guy Buys Houses, you can eliminate the headache! We make it possible for you to unload your property quickly in just five steps. 

What is a Distressed House?

A distressed property is a home on the brink of foreclosure or already repossessed by the bank. There are three primary reasons your house may become distressed.

Foreclosure

REO Properties

Short Sales

Many distressed houses are in foreclosure. This happens when you stop paying your mortgage.

The bank forecloses on the home and repossesses the property. Lenders with foreclosed properties are often anxious to sell these homes quickly, in accordance with state laws. They will typically sell the home at a foreclosure sale or auction.

Properties that do not sell at foreclosure auctions are real estate owned properties (REO)These homes are distressed property. Lenders do not want the responsibility of maintaining or repairing these properties. As a result, they may attempt to sell them at a lower price.

Homeowners facing foreclosure may be willing to do a short sale. The home’s value is worth less than the balance of the mortgage. To get out of the situation, the homeowner may sell a house as-is directly to a buyer.

Sell Your House As-Is Regardless of Your Situation

You may believe that your current situation prevents you from selling your house right now. This may be the case if you attempt a traditional sale. However, with Local Guy Buys House, there is virtually nothing preventing you from selling your property. We work with home sellers in all types of situations, including

Why Choose a Cash Sale?

The main difference between a traditional house sale and a cash sale is that you work directly with us in a cash sale, cutting out the realtor in the middle and listing the house on the market. This type of sale has distinct advantages.

Sell Your House As-Is in Its Current Condition

One of the biggest hassles of selling a house is making all the necessary renovations or upgrades to attract buyers. You may have to make some critical repairs as a result of an appraisal or inspection. Home improvements can cost you thousands of dollars and delay your sale by several months.

Avoid Common Selling Costs

Selling a house today is expensive. You may quickly discover that you have to sink thousands of dollars into common expenses such as closing costs, realtor commissions, repairs, marketing costs, landscaping, selling fees, and additional expenses you weren’t planning for. By the time you pay for all the expenses, your profit dwindles substantially.

You Choose the Closing Date

When you need to move your property quickly, you may not have 60 to 90 days to find a buyer and close the deal. You may be in a situation where you only have two to four weeks. With Local Guy Buys Houses, you’ll get a fast cash offer on your house with a quick closing date. You have the flexibility to sell your house when you want.

We Treat You Fairly

At Local Guy Buys Houses, we help homeowners get out of tight situations every day. We understand the urgency that you feel when selling your house. Therefore, we are committed to helping you get out of your house quickly and buying your house at a fair price. You work with seasoned professionals that have an exceptional reputation in the industry.

Contact Us for a Fast Cash Offer

If you are ready to sell your house today, we are prepared to make an offer. Contact Local Guy Buys Houses and schedules a quick walkthrough of the property. Let us buy your house as-is so that you can move on. Call 855-205-5999 today to get a fast cash offer.