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Can I sell my house before it goes to foreclosure?

We know it seems like an odd year to try to sell your home, but believe it or not, now might actually be a good time to do it. 

For the past few months, the lockdown has put the housing market at a virtual standstill, with California home sales dropping about 41%, according to a report by The California Association of Realtors. However, the lack of supply and demand has kept prices surprisingly steady — and has even caused them to rise in some cases. 

So if you’re looking to take the plunge and sell your home now — even if you’re still paying off your mortgage — CashNVestors can help you do it quickly and easily. 

A Difficult Time for Homeowners

Like many Americans, you may have fallen behind on your mortgage payments recently. Research shows that 30% of Americans missed their housing payments last month, an unsurprising statistic considering the Covid-19 economic recession has driven the unemployment rate to record levels. 

Like many homeowners at the moment, you may be experiencing any one of the following:

  • Loss of income
  • Unemployment
  • Bankruptcy
  • High medical bills
  • Job transfer

And if you are, you may be worried about an impending foreclosure in the near future. You are not alone — in fact, a recent survey shows that 26% of homeowners are at least somewhat concerned that in the next six months they will face an eviction or foreclosure.

Not only that, but considering millions of unemployed Americans will lose those extra $600/week in federal unemployment benefits by the end of the month, financial concerns are only set to deepen for many of us who are already hanging on by a thread. 

Can I Sell My House Before It Goes to Foreclosure?

Definitely. If you’re part of the one-quarter of the homeowner population that is currently worried about facing the threat of foreclosure, don’t fret, it’s not the end of the world (sure, 2020 begs to differ; but stay strong people). Not only can you absolutely sell your house before it goes to foreclosure, but, judging from where the housing market seems to be headed later this year, we recommend striking while the iron is hot. 

While it’s true that home prices have remained steady and even high during lockdown, this is unlikely to last. It’s difficult to tell how severe the impact of the recession will be on the real estate market, but after things like federal unemployment benefits and mortgage forbearance expire, more folks will be forced to sell their homes or enter foreclosure. With a sudden uptick in supply and a poor demand, prices are likely to drop across the board.

So if you find yourself wondering — how do I stay ahead of the curve and sell my home now? Well, that’s where we come in. 

CashNVestors: The Fastest and Easiest Way to Sell Your Property

When it comes to individuals and families struggling with the stress of financial uncertainty, there’s nothing we love more than helping them out of a foreclosure. It doesn’t have to be a complicated process. We at CashNVestors have your “golden ticket” out of foreclosure — allowing you to simply sell your house, on your terms, and fast, without having to worry about fees, credit damage, or closing costs. 

Concerned About Safety and Social Distancing While Selling Your Home?

We’re on top of it. We’ve always believed that the traditional real estate business was flawed, and if it wasn’t really working before, it’s working even less during this pandemic. 

During quarantine, many people are rightly concerned about having real estate agents and strangers touring their home on a daily basis. In fact, open houses were banned altogether in Los Angeles back in April, and even though the ban has since been lifted with restrictions, the prospects of selling your home the old way are still severely limited and complicated.

Luckily, we’ve never done things the old way. With CashNVestors, we’ll set up a free, no obligation virtual tour of your home and make you a fair, market-based offer in as little as 24-hours to buy your house in cash. Also, we’ll buy it “as is,” no matter what condition it’s in. This means you can move forward with your plans and not have to worry about breaking any quarantine guidelines by avoiding all of the following:

  • Contractors or workers fixing your house or doing repairs
  • Strangers constantly touring your home
  • In-person interactions with inspectors or lawyers
  • Real estate agents breaking health & safety guidelines
  • Cleaners in your home

During this time of crisis, allow us to help you skip all of that. You’ll pay no commissions, no closing costs, no additional fees, and you won’t have to deal with any agents or lawyers. And if you were concerned about where in the world you’re going to find a buyer during all of this, well, you just found one. Call us today at (844) 966-1142 and we can get the ball rolling.

We Know How to Navigate Difficult Times

Not only do we love fixing houses, we also love fixing problems. The CashNVestors team has helped countless homeowners facing foreclosure exit their properties with their heads held high and with cash in their pockets. Pandemic or not, we have years of experience dealing with distressed properties and making the best out of them; not just for us, but for you as well. 

We know that without sellers like you we wouldn’t be able to operate, which is why we do everything in our power to take care of you throughout every step of the process. At CashNVestors, we will help homeowners find their next home anywhere in the U.S. and also pay for their moving expenses. We want to make sure we’re with you until the end.

Make the Move

Call us today and we’ll answer any questions you may have about the services we offer, or fill out our online form to request a free quote. During these uncertain times, people are having to make quick (and big) decisions about their properties. If you’re one of those people, let us help you regain control of a difficult situation by resolving it sooner rather than later. 

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