Behind on your mortgage? This can be a very stressful time for you and your family, both emotionally and financially. Understand that you’re not alone, there are a great number of families finding themselves in this predicament. We are local homebuyers in Georgia and we buy houses in Tucker Georgia. Read on to learn how to sell your Tucker house even if you are behind on your mortgage.
How to Sell Your Tucker GA House Even if You are Behind on Your Mortgage?
Should you find yourself among those in this position currently, don’t hesitate, especially if your lender has started communicating that foreclosure is on the horizon, selling your home may be the best option. The time is now to sell your Tucker house if you are behind on your mortgage. Talk to your lender and let them know the steps you are taking, keeping open lines of communication is important to avoid making errors as you take actions to resolve your problems. Failure to act leads to complicated foreclosure processes. Don’t fool yourself by believing that this means you will be free of your financial obligations to the lender. And in many cases, there are deficiency judgments, wherein the lender is still legally owed any remaining debt on your mortgage note after the lender receives the foreclosure sale proceeds.
Selling on Your Own
Undertaking the task of selling your Tucker house if you are behind on your mortgage may appear to be a money-saving solution, on the surface. There is a tremendous deal of paperwork and multiple timelines for paperwork submissions involved in selling a piece of Real Estate. Another difficult problem for you will be pricing your home without adding unrealistic value based on your emotional attachment to the property. Prepare for a financial outlay of up to thousands to present your home on the market. Should you successfully sell the home, you need to understand there are legal risks involved. Any major repairs discovered after closing, even if previously unknown, could mean facing legal risks on your own as well.
Real Estate Agent
Listing with an agent is another way to sell your Tucker house even if you can’t pay your mortgage. Unless your property is in mint condition, repairs, renovations, and upgrades may be required. Real estate agents include a staging strategy at your expense as a part of the overall marketing and advertising budget. In addition to these expenses, you will also be paying commissions and closing costs. When already struggling to stay afloat, their demands may sink you financially before your home ever sells. Remember, in traditional listings, you have no guarantee of if or even when your home will sell.
When you are considering selling your Tucker house if you are behind on your mortgage, selling directly maybe your best option. It is important to consider the advantages of working with a direct buyer, especially when you have debt looming over your head and you get nearer to the deadline of foreclosure every day. You can be ahead of the lender and the foreclosure process by selling directly before it is too late. No interruptions in your life from showings, no pressure to keep everything spotless at all times. You will not be left under the gun by working with inexperienced buyers, backing out, and failing to close. None of the expenses of listing a home will come into play, including no real estate commissions coming off the top at closing.
Sell My House In Tucker GA
The best way to sell your Tucker house is to Resideum, LLC, even if you are behind on your mortgage! Unlike traditional listings, you will have a guaranteed sale, a quick closing date you can rely on to avoid foreclosure. We are Georgia home buyers and we offer cash for houses in Tucker in any situation. If you have any questions whatsoever about how to sell your house in Tucker and the surrounding areas, don’t hesitate to reach out to our team. We will make the process simple so you can quickly sell your house in GA and move on! To learn more, send us a message or call (678) 710-6130 at any time!
Greg Kurzner, is CEO of Resideum, Atlanta’s Professional Homebuyer company. Greg has been a force in Atlanta real estate for over 30 years. He has been involved in the sale of over 1 Billion in real estate transactions in his career and consistently ranks #1 in sales by units by Atlanta Realtor Association. In addition to Greg being a licensed real estate broker, he is also a licensed general contractor and a nationally-recognized expert in investment real estate.