Enter “sellers who buy houses for cash”. These, plus many other forms of cash buyers, provide a fast solution for borrowers facing foreclosure. In contrast to traditional real estate investors, these buyers make their money buying homes “as-is”, i.e., without any future repairs or preparation. This expedites the process because it allows them to make an offer immediately, with no need for a lender’s approval. They do not have the same credit history or income history and can qualify for a single family house in their price range. To know more read this article.
For sellers anxious about the prospect of having to deal with “raw” money, there are no worries here. Sellers who sell their homes for cash offer typically avoid all of the “raw” costs of purchasing, including title insurance, bank financing, property appraisal, property taxes, inspections, prepaid lots fees (if needed), plumbing, electric, heating and any other miscellaneous expenses. In short, they walk away with cash in hand when they sell their ugly houses. The “raw” costs are passed on to the new buyers.
While it is true that selling homes for a lump sum may seem like a risky proposition for borrowers, many have cashed in on this opportunity. There are many home selling software programs on the market that aid in the process. With our easy to use home selling software, you can set prices and determine when your home will sell. Best of all, it makes home selling easy and hassle free.