Homes that have either been physically damaged by outside influences such as fire and floor or are associated with legal entanglements such as liens and mortgage defaults are especially difficult to sell on the open market. For this reason, they are referred to as "distressed properties" in the real estate industry, and this designation can have a surprising effect on the value of your home.
Our process is simple. Just call and schedule an in-person evaluation of your home from one of our helpful team members to get your no-obligation cash offer!
We Pay Fair Value for Any Scottsdale, Arizona House.
Homeowners looking to sell their unwanted properties often have trouble moving homes with minor appearance issues such as broken windows and cracked roof tiles, and even untended green spaces can severely detract from the curb appeal of a home on the market. Financial difficulties such as levies, liens and imminent foreclosure can also make homes almost impossible to sell through traditional channels. We take a focus on providing fair market value payouts for these "ugly homes" to provide motivated sellers with the fast financial flexibility they need.
Will You Buy My Damaged Home?
Yes. We buy homes in practically any state of repair, from properties suffering from minor cosmetic issues dues to a lack of recent tenancy to homes that suffer from major infrastructure issues such as a damaged roof or cracked foundation. We also handle homes at the center of financial issues such as levies and liens, so no matter your situation, we can offer you a fast cash payment for your unwanted property.
How Does the Process Work?
When you sell your home to us, we always work to offer you a fast cash payment with our streamlined evaluation process. After you call and share some basic details about your property, you can schedule an in-person evaluation of your home by one of our real estate experts at your leisure. After we confirm the condition of your house, we make you a fair cash offer and the decision to sell is always yours.
Are There Any Charges for Your Work?
Appraisal and evaluation services from us are absolutely free every step of the way. Our real estate team has the experience and expertise to answer your most challenging real estate related questions, and we even cover all standard closing costs to maximize your payout.
We Find Buyers For Homes.
Selling Your Inherited Scottsdale, Arizona House
Selling your inherited house can come with a number of legal entanglements such as liens and estate taxes as well as the emotional burden of depersonalizing what may be a meaningful place. It can be particularly problematic in the case of default, in which the mortgage must continue to be paid or risk foreclosure in many jurisdictions. Further complicating matters, there is often a "creditor claims" period during which all assumed rights to the property are verified. During these various processes, homeowners can be burdened with the costs of everyday upkeep as well as legal expenses related to the transfer and eventual sale of the house.
Can I Sell My House with Major Foundation Issues?
We are an area leader in purchasing homes with damaged foundations and other major issues for years, and is here to offer fast cash for your unwanted property. We provide a no-obligation appraisal for your property through our convenient application process, and we purchase your home as-is so you won't have to worry about skittish buyers or expensive repairs. When you sell your house to us, we pay all of your standard closing costs. We never turn down homes with damaged foundations, because we want to offer the financial flexibility you need. We are a local leader in buying distressed homes, and can offer you the fast cash settlement you need. Talk to one of our friendly representatives for a free consultation.
Can I Sell My House with Termite Damage?
Once you've sold your home to us, your termite damage is our problem. We handle all the repairs and renovations while keeping pace with the open connect your home with buyers…all you do is enjoy your cash payment. Selling your home through conventional real estate channels can take months, and the process can be even more difficult when a home has termite damage…so sell it to us! When you work with us, we pay all your standard closing costs, so you can get the most possible financial flexibility from the proceeds of the sale. We relieve you of the burden of a termite damaged home so you can move on to the next chapter of your life. Contact one of our helpful representatives to begin your no-obligation evaluation process.
I inherited my uncle's home in his will, and while it's a really nice house with a lot of land around it, the amount of work that would have to be put into it is just too much for me right now. A friend told me about you, who made me a really fair offer for the estate, and I was able to pay down my credit card debt and student loans with the profits. Good deal!
Scottsdale, city, Maricopa county, residential-resort suburb of Phoenix, south-central Arizona, U.S. Its business district (in a Western frontier motif) is an arts and crafts centre and features Arizona-oriented fashions alongside the latest offerings from Milan and Paris. The city istraversedby several canals of the Salt River Project; lettuce, grain, and cotton are grown in the surrounding area. Thecommunity , originally a stagecoach stop between Camp McDowell and Phoenix, was founded in 1888 and named for Winfield Scott, who settled the site with his brother George in the late 1880s. Taliesin West, Frank Lloyd Wright's architectural school, and Cosanti Foundation, an architectural and crafts complex devised by architect Paolo Soleri, are situated within the city. Inc. town, 1951; city, 1961. Pop. (2000) 202, 705; (2010) 217, 385.Taliesin West, near Scottsdale, Ariz. Larry Pieniazek
The one reality about today's housing market is that many people have more questions than answers. The following information is intended to help you or someone you know better understand your situation. Do I Qualify For A Short Sale?
Financial Hardship - There is a situation causing you to have trouble affording your mortgage. Monthly Income Shortfall - You have more month than money. A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage. Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.
What Is A Mortgage Modification?
A mortgage modification is a process through which your mortgage lender changes any or all of the following:
Your interest rate Your principal balance (through a reduction) Your loan terms (example: from an adjustable to a fixed rate) This process can allow borrowers to stay in their property when they can no longer afford their current mortgage payments.
Why Would A Lender Modify My Mortgage?
Lenders have realized that in some cases it is better for them to work with current borrowers to lower payments or possibly improve terms in order to keep homeowners in their properties. The average foreclosure can cost a lender from 35-50% of the value of a property, so keeping borrowers in their homes is a good option for everyone.
What Do I Need To Qualify For A Mortgage Modification?
According to the Making Home Affordable Web site (http://MakingHomeAffordable.gov), you will need the following information for your lender to consider a modification:
Information about your first mortgage, such as your monthly mortgage statement Information about any second mortgage or home equity line of credit on the house Account balances and minimum monthly payments due on all of your credit cards Account balances and monthly payments on all your other debts such as student loans and car loans Your most recent income tax return Information about your savings and other assets Information about the monthly gross (before tax) income of your household, including recent pay stubs if you receive them or documentation of income you receive from other sources If applicable, it may also be helpful to have a letter describing any circumstances that caused your income reduce or expenses to increase (job loss, divorce, illness, etc.) How Do I Qualify For A Mortgage Modification?
The first call you make should be to your lender, have the information above ready to discuss with them and call your customer service line to ask them what options you have available. If the person you speak with does not understand what you are asking, you can ask to be referred to one of the following departments (different lenders have different names for these departments):
Loss Mitigation Mortgage Modification H.O.P.E.
Prior to contacting your mortgage lender you can quickly complete an eligibility test at http://MakingHomeAffordable.gov. This test will let you know if you are eligible for a modification through the government-sponsored Home Affordability and Stability Program (HASP).
For a list of mortgage lenders and servicers, visit www.HopeNow.com.
What Is A Home Affordable Refinance?
If Fannie Mae or Freddie Mac owns your mortgage, you may be eligible for a Home Affordable Refinance. This will allow you to refinance your home and often lower your payments.
What If I Don't Qualify, Can't Afford My Home, And Owe More Than It's Worth?
You are not alone and foreclosure is not the only option. If your mortgage lender or servicer will not work with you to reduce your payment, you may want to consider a short sale. Agents with the 'Certified Distressed Property Expert' Designation have undergone extensive training in how to process and negotiate short sales.
A short sale allows you to sell your home for less than what you owe and avoid foreclosure. Speak to your market expert to see if you may qualify.
What Are The Qualifications For A Home Affordable Refinance?
According to the resources released by the government, following are a list of qualifications:
You are the owner occupant of a one- to four-unit home The loan on your property is owned or securitized by Fannie Mae or Freddie Mac (see Useful Links) At the time you apply, you are current on your mortgage payments (you haven't been more than 30 days late on your mortgage payment in the last 12 months, or if you have had the loan for less than 12 months, you have never missed a payment) You believe that the amount you owe on your first mortgage is about the same or slightly less than the current value of your house You have income sufficient to support the new mortgage payments, and the refinance improves the long-term affordability or stability of your loan.
We provide Damaged House services for residents and companies. We provide services in every State including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming