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Is There Little Or No Equity In Your House?
With the growth in 80/20, 125%, Negative Amortization loans and other types of exotic financing there are a growing number of homeowners that need to sell their house but have little or no equity in the house. Having little or no equity in a house can really place constraints on how you sell your house. Often, there is not enough equity in the house to cover the high cost of using a real estate agent; forcing a homeowner to try and sell "for sale by owner". But, selling your house yourself has many pitfalls and can take a long time. This is especially true in a down market.
If you decide to use a real estate agent you will have to raise the price of the house substantially to cover the agent's commissions and other closing costs. More often than not raising the price above your already over financed house will place its price well out of the sellable range for the neighborhood where the house is located. By doing so tremendously reduces the likelihood that the house will sell at all, much less quickly.
Even if the house does sell, any equity that does exist is quickly eaten away by the real estate agent's commission, closing costs, taxes and holding costs, leaving you, the seller, responsible for bringing a large check to the closing table.
Many times homeowners are required to pull a lot of money out of pocket in order-to be rid of an over financed house that they can no longer afford or do not want.
Depending on the circumstances, we may be able to purchase your house no matter the amount of equity it contains. In some cases we can return some of your hard earned equity or at least reduce your out of pocket expenses associated with selling the house.
We can help. We are real estate investors and may very well be able to bring you the solution you have been looking for. We are not a real estate agents looking to list your house. We want to buy your house. We do not charge fees or commissions. We guarantee making an offer on your house within 24 hours of speaking with you and visiting your house. We can usually close within 15 days and sometimes as fast as 7 days.
If you own a property in the Central Florida area, why wait to sell your house? Call us now at (386) 774-1662 or Click Here to complete our Online Seller Questionnaire and tell us about your house. You have nothing to lose. Call now for a no obligation consultation and we guarantee giving you an offer on your house within 24 hours of speaking with you and visiting your property.
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