Real estate recommendation Nassau, NY right now? At 123WEBUYHOUSE.COM we believe the house selling process should be easier, faster, and more painless for Nassau home sellers. If you’re serious about selling your Nassau house… we’re ready to give a fair all-cash offer. Also, when we buy your house directly from you, we buy as-is. You walk away without having to do any repairs. We’ll even clean out the property for you. It’s that easy and convenient. Avoid the hassles of listing your house with our Nassau Cash Offer Program. In many cases, we can present you with a fair, all-cash offer in as little as 24 hours – no obligations, no fees. Read additional info at We buy homes Queens.
Another thing you should know about buying foreclosure properties in New York that have reached the auction or post-foreclosure stage the properties will sell as-is. There is no allowance for inspections; the property may have existing liens, and the buyer must pay cash. Post-foreclosures are also known as real estate owned properties (REOs), wherein the property didn’t sell at the auction, the lender will now sell to recoup their losses on the mortgage loan, without the cash requirement of the auction. These properties can be appraised and inspected, and while you may be able to negotiate with the bank, it will likely require much more patience than typical investment properties.
Not only will you be evicted from the property at a moment’s notice, which is in itself a stressful way to live day-to-day, you will also lose any equity in the home. Regrettably, you could still be on the hook for any remaining debt on the mortgage as well. As for the damage to your credit, the misery of foreclosure simply does not end there; it reaches beyond your credit history and could harm your employment opportunities. A foreclosure can also have adverse effects on your housing options, and you won’t be able to qualify for a Fannie Mae mortgage for at least seven years.
Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc. Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer.
While it may sound like a windfall, inheriting a property more often than not is a costly experience. Additionally, these homes are usually older. As homes age, problems develop that can make the house expensive to maintain or repair; many encumbered by the deceased’s debts legally attached to the property through liens that heirs must pay off from the sale proceeds. Finally, while the probate courts drag on, the monthly bills and all other financial responsibilities fall upon the shoulders of the heirs. Understanding that you’re dealing with motivated sellers for these reasons when considering your offer is our next tip for investors looking for probate properties in New York.
You must be here because you have a house or property you need to sell, but you aren’t too excited about the hassles and fees that are attached to a traditional sale with a real estate agent. You may have even heard about those national tech companies now buying houses as well. At 123WEBUYHOUSE.COM, our “cash for your house” program fills the gaps that listing with a real estate agent and the tech giants don’t. We’re not real estate agents, we’re direct cash house buyers and buy several houses each month in the Nassau area. Discover more information on 123webuyhouse.com.