Avoid Foreclosure by Selling your Manassas House Fast
Owning a home is a realization of a dream, and losing it is definitely a nightmare – especially if you are losing it to foreclosure. According to the Mortgage Bankers Association, 1 out of 200 homeowners will face foreclosure. Further, there are 250,000 new foreclosure cases every three months. These numbers are alarming, to say the least, keeping in mind that a house means everything to a homeowner. Foreclosure begins when homeowners miss their loan or mortgage repayments. Foreclosure can also be caused by negative equity, subprime mortgages, and personal reasons like divorce and illness. The good news is, you can avoid foreclosure by selling your Manassas house for cash to raise the much-needed finances.
If you are on the verge of foreclosure, selling your Manassas house fast offers the perfect solution. Here’s how it helps:
Raise the Much-Needed Money
In foreclosure cases, the lender or bank allows the homeowner to sell their house at a lower price than its value to raise the money needed to clear the outstanding mortgage, fees, and any penalties. Selling your house to a cash home buyer helps you raise funds needed to offset your debt. At Home Sale Solutions, we make a fair cash offer so that you get the cash needed to repay your mortgage.
Avoid Negative Credit Report
Besides losing your house, foreclosure could result in a negative credit report that could hurt your chances of qualifying for a mortgage or any other loan in the future. Selling your house to a cash home buyer helps fund the mortgage repayment, ensuring that you maintain a clean borrowing record. This could be significant as you may need a mortgage in a future house purchase.
Fast and Seamless Relocation
Time is an essential factor whenever you are being foreclosed on. The sooner you can get your foreclosed house off your hands, the faster you can relocate. At Home Sale Solutions, we ensure a fast house sale process so that you can move on as soon as possible. We strive to make our purchase process as short as possible to help you focus on more urgent needs, such as mortgage repayment and moving house. As soon as you accept our cash offer, you can get your cash in a few weeks and use it to repay your outstanding mortgage.
No Fees, No Commissions
Whenever you are selling your house due to impending foreclosure, the last thing you want is paying realtor fees and house sale commissions. Cutting on such fees ensures that you have enough money to repay your mortgage and move house. We buy houses in Northern Virginia at zero fees so you can save the dollars! By putting more cash in your pocket, you can easily fund your mortgage repayment and your relocation. We delight in offering our services at no fees so that you can move on fast and relocate with minimal hassle.
At Home Sale Solutions, we buy houses for cash in Northern Virginia and therefore help take the house off your hands and avoid foreclosure by repaying your outstanding mortgage.