Behind on Loans or Property Taxes
In today’s economy, it is not uncommon to fall behind on loan payments or property taxes. There are countless reasons this happens: job loss, unexpected medical bills, unforeseen daily expenses, needing to help family and the list goes on. Regardless of the reason, lenders or the county where your property is located will make your life miserable until they get paid. This can lead to substantial stress and often times, the reasons for falling behind are beyond your control. Those seeking the money likely lack understanding and willingness to work with you and take immediate action to foreclose, file judgements and attach fees and interest charges. Needless to say, we understand that this is not fun and we want to help you get out from under your bills.
For those who cannot foresee a way to become current on their financial obligations, the most quick and easy solution is to sell the property. Once the property is sold, the hassles are gone. When we buy these properties, i if an owner has sufficient equity in the property, we are willing to structure creative financing options that allow the owner to sell now, take the money they need and leave the rest as a loan on the property which is paid every month with interest income. If this interests you, call or email us and we can discuss options.
We buy properties directly from owners and if a property fits our buying criteria we can have a fair offer for consideration on the same day we receive a call. Since we are direct buyers, owners benefit from bypassing all of the hassles of a typical sale don’t have to pay any commissions or fees. On most transactions, we will even pay all of the closing costs.
We buy properties in as-is condition - owners do not need to do any cleaning or fixing. We have worked with owners in a countless number of situations (vacant, tenant occupied, structural problems, etc.) and we almost always find a win/win solution. We can close on the day of an owner’s choice and if there are other needs, we are flexible and will do what I can to help. All of our transactions take place with nationally recognized escrow and title companies to ensure a smooth transaction.
You may be thinking about selling a property, but might not be quite ready for any number of reasons. We understand. We are always available to discuss your circumstances and answer questions. We have dealt with many owners that were likely in the same or similar situations to yours and we can use our experience to help brainstorm options that you may not know exist.
Francis W. - Van Nuys, CA
"I had a few medical issues come up unexpectedly and the first thing I knew I had to do was sell my home. This was one of the toughest decisions I had to make because it's been my home for the 25 years or so. I heard about Blake Buys Homes from a neighbor who said that they buy in a way that means I don't have to pay commissions and they are willing to work with people in tough situations. All I can say is, they were right and I was able to stay in my home for 4 months after it was sold. If I recall, I didn't have to pay anything out of the escrow and they had people come to me to sign all the paperwork. I am very thankful I found them."