Experiencing divorce, foreclosure, behind on taxes or probate. We can help with any situation.
You will have to pay closing costs. These can range from 2% to 4% of the sale.
You will have to pay Real Estate Agent Commissions. This is typically 6% of the sale.
You won't know what you will get until closing. The uncertainty can way heavy at times and can make it hard to plan your next steps in some cases.
Experiencing divorce, foreclosure, behind on taxes or probate. We can help with any situation.
You will have to deal with banks. Your buyer will likely have to get approval to get the loan and then approval to buy your property. Banks often deny burrows in the middle of the process. Appraisers often ask for repairs to be made or determine your property isn't worth what your asking for it.
First, I haven't ever defaulted on one payment to my clients for one good reason. I'd be losing out on all the money and effort I have to invest in your property. I'd have to hand it back to you in better shape than you gave it to me with no compensation. You would be able to resell it again and keep all the money you've already been paid. This is a fantastic thing for you and a really bad thing for me!
If I miss 2 payments, you would get the property back. You would get a property repaired and rented that you can sell or just keep and continue to rent.