All financial deals result in either a profit or a loss. Even in slack markets, there is the greater lot who loses and the few who take advantage of the nature of the market and make something out of the deteriorating state. The same case applies when it gets down to the housing market. With proper foresight and planning, you could reap immense benefits from the sector.
Are you looking to sell your house? If yes, then you need to completely understand the current market, and you’re in luck becuase we buy houses in Orlando, FL. However, the knowledge to some extent is not always sufficient. Opting to sell it by making use of the For Sale by Owner approach is not only frustrating but also detrimental to your finances. To avoid the torture, it is wise to seek the professional services of a real estate company like us who simplify the task by providing alternatives and viable options that work perfectly to prevent acute losses.
Are you homeowners and your finances are pulling a trick on you? Or else, have you forfeited to make your mortgage payments for quite some time now and your financial state is not getting any better? It is the high time you paid us a visit to assess options that best suit your situation in order to avoid bankruptcy or foreclosure.
Owner Financing
If you are already a long way with your mortgage payment, it simply means that you owe more than the current value of your home. So, how can you get out of this fix? Well, owner financing could be an excellent alternative for you. We help you get a buyer for your home and we take the initiative of explaining to him or her about your current predicament. With an agreement between you, the homeowner, and the buyer, he or she makes payment directly to you rather than to the bank. This way, you get an opportunity to service your mortgage, while you still maintain the ownership of your house until the last payment is made by the buyer. Nonetheless, it is prudent to keep in mind that in the case of mortgage payment default, the liability solely lies with you.
Moreover, owner financing can be modified to suit both your needs and those of the buyer. Better appealing terms for your home could get you a potential buyer in an impulse. These deals work incredibly well, buying you time and also assisting you to salvage your home from ultimate loss.
Leasing to Buy
If the going is this tough and there is no shimmer of hope in the foreseeable future, we can jump in and help lease your home with the ultimate goal of selling it off. With this option, the interested parties rent your home with the option of buying it. On your side of things, you keep making your mortgage payments before you can ultimately make the sale. Although you don’t receive the lease payment in a lump sum, the financing option favors both you and the buyer, for you are both able to make your periodic payments in full and on time. Moreover, it is an attractive alternative to FSBO.
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We fully understand that anything is possible in life. Hence, if you are faced with the above predicament, it is wise to contact us. We provide you with solutions to the issue at hand by appealing to your specific needs only for a reasonable fee. If you are a homeowner in a financial hole, reach out to us today and salvage you humble abode from loss.