How to Sell My Houston House Fast When Foreclosure Looms
Want to know: “How to sell my Houston house fast when a pending foreclosure looms?” Generally, dealing with the potential loss of your property can be a daunting and traumatic experience. While there are life events where Foreclosure is inevitable, there are several options to avoid such possibilities. Putting up your house for sale is just one – hopefully to a “Cash For Houses” Real Estate Investor: the Redemption Group – Ph:(323)379-4086.
If your home can be sold for more than your mortgage debt to avoid Foreclosure, then this may be the best option available for you. But how then can you sell your home nicely?
Selling a home to avoid Foreclosure can be an easy one, but unfortunately, many homeowners still find it daunting. Perhaps you have searched Google for “Cash For Houses,” “We Buy Houses” or “Sell My House Fast Houston,” and have landed on this page. Awesome!
In this article, we’ll show you how you can sell your Houston home FAST to avoid a pending foreclosure process. Before we dive in entirely, it’s essential that we explain what Foreclosure is. Let’s have a look…
What is Foreclosure?
Foreclosure is the process by which a property is sold in exchange for an unpaid debt, usually a home mortgage. Foreclosure can be judicial or non-judicial. While the former requires a court action prior to a foreclosure, the latter may or may not require court action. However, by a “power of sale.” Texas is a non-judicial Foreclosure state.
Under federal law, Foreclosure in Houston can only occur on the first Tuesday of a given month and can proceed very quickly. (The Texas Foreclosure Process)
How can You “Sell My Houston Home FAST to Avoid Foreclosure?”
As a seller, two factors influence whether you sell your home fast or not – pricing and marketing. Well, here are some easy steps to make your house fly off the markets:
Pricing Your House
- Don’t overprice
I’d say that “an overpriced home is an unseen home.” Just like every shopper, most home buyers search for houses for sale by specifying the price range they have the budget for. And so, if yours is too pricey, it becomes unseen. What then? Would you want Foreclosure to catch up with you or sell your house quickly? The choice is yours.
- Put on the market the real worth of your home – skyrocket your chances of selling fast!
Have a comparable market analysis (CMA) prepared for your real estate agent about recently sold homes like yours and observe the sales prices. Then put yours up at a 10% discount on the average sales prices obtained from the CMA. The chances are that Real Estate Investors would offer to purchase your house immediately.
Marketing Your House
When it comes to marketing, ensure to keep the following checked:
- Ensure that your home is well listed on top real estate sites, including Zillow.com, Realtor.com, RedFin.com, Har.com and FrontDoor.com.
- Put up as many pictures as possible. The better the pictures, the more offers you’ll receive.
- Its current condition is as critical as the price. Clean it up, spruce it up, do the needful little repairs (of course you are to cut expenses).
Good News! We Buy Houses As-Is
We understand not everyone has time to put a “Sell My House Fast” sign in the yard or deal with investors, that’s why we are strategically in place!
The Redemption Group can help you avoid Foreclosure by offering cash for your home and closing in as little as nine days. We also have programs that can take over your mortgage payments. Not only that, we are more than happy to buy your house As-Is. This means you can sell your home in its current condition; As there won’t be any inspections, you don’t have to spend money on repairs, and of course, you can close in the shortest period of time.
Contact your #1 local buyer the Redemption Group via (323)379-4086 to get started immediately.