Our process is straightforward and easy; just follow a few simple steps:
Step 1: Contact Us
Fill in our contact form on the right (or scroll to the bottom if using your smartphone). You can also call 702-848-7550 or 702-984-4412. During the initial phone consultation, we will gather as much information as possible regarding the property you want to sell and your reason for selling. Once we’ve analyzed this information, we’ll make you an offer, contingent on a walk-through inspection. If you agree to the price, we move on to Step 2.
Step 2. Inspection and Signing
We will schedule a day and time to come see the property and document all the necessary repairs needed to bring the home up to full market value. Don’t worry about those costs because we are buying the home from you “as-is.” If any adjustments need to be made on our offer, we will explain them and re-negotiate a fair cash offer price. If you agree, we will sign a purchase agreement and set a closing date. You are under no obligation to accept our offer.
Step 3. Closing
Closing times vary, depending on each seller’s situation and the terms set forth in the contract, but we can typically close between 7 and 30 days. Imagine cash in your pocket in less than a month!
The Best Time to take Action
During these first few months, homeowners with missing house payments are in a situation called pre-foreclosure and have several options for avoiding foreclosure, including loan modifications and payment plans that might help them get caught up.
When options to keep the home have been exhausted, selling the home to an investor might be the best option. Regardless of missing payments or the home needing major repairs that would prevent most buyers from even considering it, one of our associates will get back in touch with you and gather all of the necessary information. We will do a quick preliminary analysis and then schedule a time with you to view the home and make you fair, all-cash offer. Some homeowners even walk away with cash in hand after settling their debt at the title company.
However, once your lender sends you an official breach or demand letter stating:
- The terms in default
- What actions will cure the default
- Length of time or date that owner must comply by to cure the default (typically 30 days from the receipt of the notice)
- Intent to accelerate the debt owed in full by a sale of the property
You now have about a month before your lender starts the official foreclosure process.
Homes in Foreclosure and Short Sales
Don’t give up on the idea of selling your home, even if the lender has started the foreclosure process or you don’t have any equity left and owe more than the home is worth. You still retain ownership of your home until it is sold by the lender at auction.
Many investors specialize in buying short sale properties and will negotiate an offer that your lender is willing to accept, absolving you of this troublesome debt and saving your credit from the derogatory effects of a foreclosure record. If you don’t want to be bothered by multiple showings with financed buyers, who might also ask for repairs, you can avoid all of that by listing your short sale as an investor-only sale. If you already have your home listed as a short sale, send us a link to the listing through our contact form and tell us why you’re selling. If your home isn’t a good fit for our company’s needs, we will do our best to refer you to another cash buyer in our network that can make a quick, timely offer without any hidden costs or fees.