Selling a home when behind in mortgage payments can be very stressful. Getting behind on your mortgage is never a good situation. Eventually, the bank is going to foreclose and remove you from your home. Selling your home may be one solution. The problem is that selling the property can often take quite a while, and even more interest, fees and penalties will accrue during that period. Jillian was stuck in this cycle with her home in Annandale, VA and desperately needed a way out.
She had seen some Express Homebuyers commercials on TV.
After seeing the commercials, she decided to check out our website and get a bit more information about our company. She decided that we were trustworthy, and gave us a call. She explained her situation: she was 10 months behind on her mortgage, and her house needed repairs that she was obviously unable to afford.
Selling a Home When Behind in Mortgage Payments Doesn’t Have to be Stressful
We told her not to worry. We take care of any and all repairs that are needed upon purchasing a property. She was thrilled to hear this, and asked us what we could offer. We gave her our initial estimate, and told her we could finalize it upon completing our inspection of the home.
She had to go out of town for a funeral, but we were able to work with her schedule.
We set the appointment for the following week after she returned. She met us and let us in to do our inspection. Everything was as she had described it. We discussed all of her options given her situation, and came to one that worked best for her. We finalized our offer, she accepted, and we began working on getting all of the necessary paperwork.
Thanks to our legal capacity and resources, we were able to get her mortgage back to current, as well as give her a $5,000 dollar advance to help with rent and expenses associated with moving into a new place. On top of all that, we even allowed her to stay in the property for an extra 30 days, guaranteeing she had time to find a new place and sort through all of her belongings. She ended up putting a deposit down on a new house and paying movers ahead of schedule, and was finally freed from her mortgage trap.
These are only some of the perks when you sell to Express Homebuyers.
We buy almost any property as-is, have a legal team to deal with mortgages, foreclosures, and more, and can give you a cash advance to help with the moving process. We’re also the only home-buying company out there that can guarantee to buy your home in as little as 7 days! We’ve been purchasing homes in Virginia, Maryland, and Washington DC for over 10 years, so don’t delay, contact us today to get an offer!