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How We Buy Houses Before They Hit Foreclosure.
First, let’s define FORECLOSURE.
According to me:
Foreclosure – When a person falls behind on their mortgage payments and their bank puts in motion a legal action to repossess the property and to collect the amount owed.
According to Merriam-Webster the definition of foreclosure is
an act or instance of foreclosing
specifically : a legal proceeding that bars or extinguishes a mortgagor’s right of redeeming a mortgaged estate
Let’s talk about how We Buy Houses Before They Hit Foreclosure. We are actively looking for foreclosures! Let me rephrase that. There is never a moment when we are not working our bottoms off to find people in need of foreclosure rescue.
That’s why we buy houses before they hit foreclosure year round. As you explore our blog and website you will learn the many situations that may lead to a foreclosure rescue. But, for now, we should go a little deeper into why a foreclosure rescue might be just what you need.
A foreclosure goes kind of like this:
You get an eviction letter stating that you have until a certain date to move out.
You have to pack up and move out all of your belongings.
When that date comes, you need to be completely moved out.
You can expect a sheriff to comes knocking on eviction day to make sure you are no longer on the premises.
Brutal? Yes! But it does not have to go exactly like that. Not if Morgan and Alex with LuxDominor.com swoop in and do what we do best. We buy houses before they hit foreclosure.
You’ve been working hard to catch up with your payments. You got an extra job. You pulled out some or all of your savings. Borrowed from friends, family and other financiers.
Life is a continuous crazy ride. But, in a situation like this you have a good chance at coming out with a win. As real estate investors, we like to act as public servants and respond to your call, contact form submission, or inquiry with a fair cash offer.
After you have made contact and we have responded, we will know your address because you have shared it with us. Either we start preparing to come take a look at the place or set up a date and time to do so.
We want to make sure we understand all aspects of your situation. At this point, our efforts are entirely dedicated to hearing your story. The main purpose here is to make sure we can offer the proper solution.
Time is of the essence. We know you want to receive an offer for your house asap. And, as far as we are concerned, we want to be ready to make an offer at any moment.
We will want to know all of the details so we will ask more in depth questions. We also want to give you a chance to ask us any questions you might have. This is also the best time for you to let us know your concerns. Anything and everything you want to know, we are ready to discuss.
There are some basic questions that a great majority of buyers will want to ask. Among them, we will ask questions concerning structural soundness.
Is the roof in good condition? Could it use a paint job? When was the last time you updated the kitchen? How old is the plumbing? What type of flooring do you have? How is the foundation of the house? Has it ever flooded? Are there any liens on the property?
Once all questions have been answered, we determine the best plan of action. If needed, it is at this stage we send in our team. The team’s job is to take final note of all details discussed. The last thing left to do is for us to determine the offer amount.
In most cases, we can make an offer that same day. Sometimes, we need to clear up a thing or two which may take time but, worry not. You are our number one priority and you will hear from us asap.
Here is a good place to get your foreclosure rescue started. Just fill out our #SellFast form and you will be on your way to cash in your hand in no time.
Fill in the form below to book a 30 min no-obligation consulting session.
We will reply within 24 hours.