Why a Real Estate Investor May Be Your Best Option for Your Family & Your Future.
Are you struggling to pay your mortgage right now? Have you missed a few payments, or – even worse – perhaps you’ve already even received the dreaded “letter” from your bank telling you that foreclosure on your home is imminent. That letter is always a shock, but don’t believe for a minute that you’re helpless or that your situatio
Are you struggling to pay your mortgage right now? Have you missed a few payments, or – even worse – perhaps you’ve already even received the dreaded “letter” from your bank telling you that foreclosure on your home is imminent. That letter is always a shock, but don’t believe for a minute that you’re helpless or that your situation is hopeless!
Now is the time to take your future into your own hands in a proactive way, by looking into what a real estate investor may be able to do for you. Finding a qualified, reputable investor could very well be the answer to your problems. Why? Because no matter how much your home is worth, or how much your mortgage actually is – a house is still a financial asset you can use to help you out of rough times, if you can find the right way to leverage it. Selling the home, even in a short sale, is far preferable to losing it to the bank through foreclosure. But how to do that?
The first and most obvious problem is that key word – “sell.” You need to sell your home in order to remedy your financial situation without ruining your credit. If you’re looking at foreclosure, that’s difficult. Why?
For one thing, selling a home the traditional way – through a realtor – takes time that you don’t have, often 6 months to a year. Selling your home by yourself is even more problematic, and can take even longer.
For another thing – no matter how you’re trying to sell your home – it needs to attract buyers, and buyers aren’t looking to buy homes that aren’t in great shape. That means you will need to make both structural and cosmetic improvements in order to sell the home for top – or even reasonable – dollar. Making those kind of improvements takes both the time you don’t have, as well as money you don’t have. You’re already having difficulty paying your mortgage as it is.
Finally, selling a home through a realtor means you will need to pay them their commission, and that – again – means money you can’t afford to spend or lose. And in the case of selling a home that doesn’t make a good first impression, you probably can’t make that up by adding the amount to the cost of the home either.
This is where a professional real estate investment company like GWG Properties can make a real difference in your life, both now – and for the next 7 years – by keeping a foreclosure off your record and allowing you to move forward with your life – with your credit history intact.
Here are the advantages of selling a home through a real estate investor:
- They can buy your home with a full cash payment, no hassle, and no long, drawn-out negotiations with banks.
- They can close on your home and give you the payment very, very quickly, which means you can stop the foreclosure from going through if this is where you are.
- They can buy your home absolutely “as-is;” you don’t have to make any improvements – or even clean up the home – at all.
- If the offer is equal to or more than the final balance that is due on your mortgage, you are ahead of the game. You can move forward without the financial burden of either your mortgage – or a ruined credit history.
Even in cases where an offer that may not cover the final balance on your mortgage entirely, it’s important to consider that – realistically – even if you take a loss, you are still coming out ahead. You might need to cover the difference between the sale and your mortgage, but that amount is going to be far, far smaller than the entire mortgage – and foreclosure – would have been. The balance you are looking at will be far more manageable, and you will be able to pay it off quickly and easily while you’re restarting your life – without the specter of a negative credit history to cause problems for you at every turn.
Now is the time to take your future into your own hands in a proactive way, by looking into what a real estate investor may be able to do for you. Finding a qualified, reputable investor could very well be the answer to your problems. Why? Because no matter how much your home is worth, or how much your mortgage actually is – a house is still a financial asset you can use to help you out of rough times, if you can find the right way to leverage it. Selling the home, even in a short sale, is far preferable to losing it to the bank through foreclosure.
