Look, like I said earlier, people sell homes for various reasons. Maybe it's a new job that requires a move, and they don't want to carry double house payments. Maybe it's a company down-sizing that creates the problem. It could be bankruptcy or foreclosure... or they could've won the lottery. Perhaps they want to build... they're tired of the same old neighborhood... they need something bigger, something smaller. It could be death or divorce...or marriage or birth. Whatever it is, the house has become something to move beyond. To sell, to put behind you, so you can get on with the business of living your life.
I'm not a cynical person... this is reality. Granted, I don't know your particular reasons for selling, but I do know how to get your house closed as quickly and professionally as possible. In fact...
Here's The Game Plan To Sell Your House Quickly!
After we agree on the purchase price, and verify the amount you owe on the mortgage, if the circumstances are right I may pay all cash at the closing. If not, we may work out monthly payments for a period. Whichever way you go... you get immediate relief from your monthly obligation to your mortgage company.
Please don't misunderstand or assume that we have to "steal" your house, or that you need a lot of equity for me to be interested. I've worked with all kinds of circumstances and have been thoroughly trained to create solutions after so-called "experts" have given up and quit. Again, if you share all the facts with me, I'll tell you within two minutes if we can help. Now that we've got that clarified, allow me to give you a few examples of how I might help.
In many cases, I may come to closing with the ability to pay off your mortgage, and you'll receive your equity at that time. Other times a purchase deferral program makes more sense. (I'll explain the details in a minute.)
The best part is, your loan doesn't even have to be assumable. Regardless of the type of loan - assumable, non-assumable, assumable with qualifying, FHA, VA, Conventional - I have approaches that work for all transactions. I take care of your monthly payments, take on all responsibility for maintenance and upkeep of your property, and liquidate your asset before it becomes a liability! Now seriously, does it get any better than that? As I stated before, my approach can work in any situation. We'll create the solutions, and you pick the one you like best!
Let me share some examples with you. In these examples, the names have been changed since I maintain complete confidentiality in all cases. Anyway, this couple, we'll call them John and Mary Smith, contacted me recently and sold me their home within 7 days.
John Smith worked for one of the big companys locally. As often happens lately, he received notice that he was being transferred in 30 days. John and Mary had just built their beautiful 1700 sq. ft. home only two years before. If they couldn't sell before his transfer, their only choice would be to make double payments. The prospect of renting his house out from a distance did not excite him whatsoever. Smart man!
He'd been trying to sell it for over six months when a mutual friend suggested that he call me, and by then he was desparately looking for some answers! He was excited to hear that I had an easy way out for them. Later, at their home, I looked over their loan papers, and we began to solve their problem.You see, they owed $105,000 at 7%, paying $864.95. a month.
Mary had a friend who was a Realtor, and she'd told them they were probably upside-down (owed more principal and interest than the house would sell for including commissions), since they'd just taken out the loan and they didn't have time to sell it themselves.
All these folks wanted was to get out from under the liability of the loan, so they could be eligible for a new loan on a new house. I agreed to pay John and Mary full retail value (top dollar) upon purchase, and to cover their mortgage payments under a purchase deferral program until then. Our objective was to find a quality buyer to occupy the house until they were able to buy. After a quick title check, we immediately began our marketing campaign, and to be honest, it was easy!
You see, in this business you develop files on qualified buyers looking for houses. They all have their own criteria, as far as monthly payments they're looking for, down payment they have, how many bedrooms and bathrooms, etc. So I simply began calling some prospective clients, knowing that this house met their criteria. The third couple I called wanted to see it right away, so I met them at the house that afternoon. The next day they called, wanted the house, and they were in my office that afternoon signing papers. It was that quick and easy!
I immediately began the process of walking them through the details required to get them qualified for their new loan. During this process, I simply leased the property to them, completely covering the mortgage payments. Several months later, the buyers were able to obtain their new loan. In the meantime, John and Mary were able to obtain their new financing, based on the agreement between them and me.
The Smiths got their new home, the new family had a home immediately, and within 120 days we closed the sale. We realized a profit from the difference between the Smith's loan balance and the new buyers purchase price. But most importantly, the Smiths were released from liability, thus making life a lot less stressful for them.
It was a win/win situation for all 3 parties involved, and just another example of how this program can work for anyone.
Now I can't promise you that I can do the same for you. Frankly, it can certainly take longer than four months. But remember, there's just no way a single Report could possibly answer every question and every need you may have... consider this an overview.
If it strikes a nerve... if you find you're in a position with your home that doesn't seem to be going anywhere, one you think I might possibly be able to help you solve, please contact me today.
Contact us by phone 317.856.1479 or fill out our on-line form. You won't get some sales pitch. We'll answer any questions we can right away. |