Want to Use the Cash from the Sale of your Property Elsewhere
Most homeowners have at least some equity tied up in their primary residence or in another home they own. While there are several ways to access the funds tied up in the property, each one comes with risks and usually involves a lot of time and effort from the borrower. If real estate market values shift in the wrong direction, the higher debt amounts attached to the property may lead to greater difficulty making the necessary loan payments. When interest rates rise, equity lines of credit can quickly become unbearable and force owners to borrow more or face foreclosure.
Other than withdrawing equity from a primary residence where owners will live for the foreseeable future, the quickest way to risk-free access the funds is to sell the property, which is when we get phone calls from people looking for a quick and easy sale. Selling allows owners immediate access their equity and removes the market and interest rate risk of continuing to hold. If an owner only needs some of their equity right now, we are able to structure creative financing options that allow an owner to sell now, take the money they need in cash and leave the rest as a loan on the property to us, which gives the owner a safe monthly check. If this interests you, give us a call or send an email 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.