Little, or no Equity?
The "low equity" situation is the most common we run across.
In most cases, the homeowner has tried to sell their home "for
sale by owner" without any luck. The next step is to list it
through an agent. In order to cover the agent's commissions
and additional closing costs, they have to increase the price.
Since the price was increased, the likelihood of selling
is reduced. Even if it does sell, what little equity you have
is eaten away by the commission and closing costs. Some real
estate agents may even refuse to list your house because there
isn't enough equity to pay their commissions!
You don't have to give away your equity to a real estate
agent, no matter how small it is!
We purchase homes with little equity and in many cases are
able to return much of that hard earned equity to the homeowner
who deserves it the most.
Another thing you won't have to worry about is paying a mortgage
payment on a house you don't want.
We will take this burden off your hands.