Are you trying to sell your home before the bank forecloses? Read our latest post to see what options are available to help you save your credit!
Going through a foreclosure is a difficult process that no one wants to go through. It’s especially hard when it feels like you have nowhere else to turn.
Unfortunately, even though the number of homes in foreclosure has decreased (now at about 3.6%), good people lose their homes to the banks every day.
Something as simple as losing a job, getting divorced, or grieving the loss of a loved one can cause an already difficult situation to become unbearable very quickly — and having to work with banks on top of all of that often seems impossible.
You may be able to avoid foreclosure and keep your credit intact by selling your Cleveland house quickly. Continue reading to learn more about how to sell your house fast in Cleveland.
Sell It Quick
In Cleveland, you have two options when needing to sell your house right away: list it and hope for the best, or work with a direct buyer. Direct offers are typically lower than what’s offered on the MLS, but remember that working with a direct buyer also means skipping repairs, commissions, and marketing fees. With this option, you can sell quickly without getting barraged with fees. However, keep in mind that there are risks associated with listing your home in Cleveland.
If you want to sell your house before the bank forecloses, you’ll need to find a buyer who can close on the property quickly. You should also make sure that you price your home competitively and take appealing photos so potential buyers will be interested. If you’re looking to work with an agent, sell with one that specializes in foreclosure sales, so they know how to navigate through the process successfully.
Time to Get Organized — Plan Your Move With Our Help!
A direct buyer, such as RC Home Buyers, usually moves fast and can make you an offer within days. If that happens, be ready! Find out all your moving expenses, logistics, and destination in advance, before you sell.
Get rid of things you don’t need, and think about selling items you don’t use to make some extra money. Hold a yard sale to quickly get cash for stuff that you won’t be taking with you.
If you’re unsure about your finances, purchasing a new house may not be the best option since it’s costly and time-consuming. In that case, you can always rent an apartment or room from family/friends after you sell, just until you find more permanent housing. Just remember that most places will require a background check as well as the first month’s rent, last month’s rent, and a security deposit upfront.
Selling your home to a direct buyer can be a quick process, but it can also be stressful if you’re simultaneously trying to deal with packing, cleaning, and moving. Instead of rushing into a new place that may not be right for you, see if you can stay with someone you know for a short period of time. There are often programs in communities that help homeowners who are struggling to get back on their feet.
Don’t dwell on your decision. Just act!
If the bank has already started foreclosure proceedings, it may be too late to act and save your home. In addition, your credit score will take a hit, making it harder to purchase another house down the road. It can be difficult to improve your credit rating, so if you’re at risk of losing your home, it’s better to take action and sell your house sooner rather than later.
Although the entire process might take a while, meaning you’ll be staying in your home for an extended amount of time, it isn’t worth risking your future finances. By getting a direct, no-obligation offer from RC Home Buyers, you can go over the numbers and confirm that you won’t have to give up your property to the bank and sell to a direct buyer instead.
We can help you sell your house to avoid foreclosure and help you move on with your life. We’re the cash home buyer in Cleveland you’re looking for, and we want to help you get the best possible outcome. Contact us today for a free consultation, and let’s see what we can do to help you. (614) -714-1794