Sell my house fast, Fire Damage, Flood House

FIRE! FLOOD! – How to Sell Your House Fast After a Major Disaster

Posted on 10 February, 2019

Have you been through a major disaster that wreaked havoc on your home? Maybe a flood or fire did extensive damage, and you’re worried about how you’ll find the time or money to make repairs. If you have homeowner’s insurance, you’ll get a check to help cover the majority of the costs – but have you considered the other costs that your insurance won’t cover? For example, where will you live while the repairs are being done? Do you want to hassle with finding contractors you can trust to do the work? And what if some damage goes unnoticed and pops up again years from now?

Major disasters, such as floods or fires, happen all the time, and they can be devastating to the homeowner. For many, there’s just not enough time or resources to get everything back in order after a flood or fire. 

But there is another option – you can file the insurance claim, keep the check, and sell your house fast to a cash buyer. Let’s look at the benefits of selling your home to a cash buyer after a major insurance claim.

Benefits of Selling Your Home Fast to a Cash Buyer

You keep the insurance check, which means more money in your pocket.

Cash buyers accept the home “as is.” They’re willing to purchase the house and make the repairs themselves, taking the hassle and stress off your shoulders.

Selling your house for cash is FAST. When a buyer is paying with cash, the process moves very quickly, with closings typically taking only a few weeks. If your number one priority is sell my home fast, then a cash buyer is the way to go.

There are no inspections or appraisals to worry about, making the process that much faster, easier, and stress-free.

Cash buyers also pay all closing costs, and there are no realtor commissions to worry about either. All of this equals more money in your pocket.

Next Steps

If a disaster hits your home, you must decide if you want to invest the time, money, and effort into getting the repairs done, or if you want to sell your home “as is” to a cash buyer. Remember, even if you repair and remodel the home, you must still disclose that there was flood or fire damage when and if you decide to sell in the future.

Ultimately, selling your home to a cash buyer gives you the peace of mind to put the flood, fire, or other hardship behind you and make a fresh, new start. If you think this might be the best option for you, then give us a call or visit our website – we buy houses!

Houston Fast Home Buyers
832-866-FAST (3278)

With our knowledge and expertise, we can answer all your questions and help you make the right move.

Sell my house fast, take over house payments, subject to cash buyers.

Take Over House Payments – How to Use “Subject To” to Sell Your Home Fast

Posted on 04 February, 2019

Are you a homeowner struggling with the burden of high monthly mortgage payments? Whether you’ve lost a job, had an unexpected medical issue, or just hit a rough patch, situations arise where you find yourself strapped for cash and need to get out from under stressful loan payments. This can lead to worry about possible foreclosure, and you may be frantically searching for advice – “How do I sell my house fast?!”

We’re here to help by providing you with everything you need to know about the “subject to method” of selling your home. This method is a lifesaver for homeowners who need to shed hefty monthly payments but just don’t have the time to sell their house on short notice. This is a very popular option in today’s real estate market, as an increasing number of people turn to this method when they’re strapped for time and cash.

In this article, we provide you with the facts, including the pros and cons of using the “subject to” approach, so you can make the right choice for you and your family.

What Is the “Subject To” Method?

While it may sound complicated, selling your home via the “subject to” method is actually very simple – the buyer agrees to take over your monthly mortgage payments. Your ownership interest transfer to the buyer, but the note remains in your name. That’s all there is to it! There’s no middle-man (realtor, bank, etc.) involved in the sale, which makes the process very fast. And don’t worry, the “subject to” method is completely legal.

We want you to have all the facts. So, let’s look at the pros and cons of selling your house with this approach.

Advantages of selling your home using the “subject to” method:

Improve your credit as buyer makes timely payments each month

Avoid bankruptcy or foreclosure

Faster than traditional options

Skip the hassle of an inspection and repairs

Eliminate costly mortgage payments

Reduce closing costs

Disadvantages of selling your home using the “subject to” method:

Loan may be called due by the lender. However, there are options if this happens – for example, the loan can be refinanced or paid off by the buyer.

Potential credit risk (but only if the buyer defaults on the loan). But remember, a buyer is typically making a significant financial investment when they purchase a home using this method. For instance, they’ll likely incur some closing costs, catch up on any overdue payments, and/or make repairs to the home. Because they have “skin in the game,” so to speak, they’re less likely to default on payments.

Next Steps

As you can see, there are a lot of advantages to selling your home using the “subject to” method. If you find yourself unable to keep up with your mortgage payments and headed for foreclosure, here’s the good news – we buy houses! And we’re happy to talk with you about your situation, answer any questions, and discuss buying your home using the “subject to” method.

Our goal is to help you make an informed decision. And if you decide your best option is to sell your home fast, we’re ready to give you a no-hassle offer. Visit our website below or give us a call.

Houston Fast Home Buyers
832-866-FAST (3278)