Maybe you have a few questions. That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: How Can I Avoid Foreclosure?
A: Taking action early can help you avoid foreclosure, keep it off your credit record, and reduce the long-term financial impact. It’s important to communicate with your lender and explore all options as soon as you encounter payment difficulties. Check out our Foreclosure Relief Guide for a detailed overview of your options.
Q: Can I Stay in My Home During the Foreclosure Process?
A: It’s possible to remain in your home during foreclosure, but eventually, if the foreclosure process moves forward and the property is sold at auction, you will need to vacate the premises. Many homeowners are able to stay in their homes for months or even years depending on the situation, but it’s important to understand that the foreclosure process can vary by state.
Q: Can I Stop Foreclosure by Selling My Home?
A: Yes, selling your home is a common way to avoid foreclosure. If you sell the property for enough to pay off your mortgage, you can settle the debt and avoid the foreclosure process.
Q: If I Sell My Home, Can I Rent My House Back After Foreclosure?
A: Yes, in many cases, we offer the option to rent your home back after we purchase it through foreclosure. We understand that staying in your home is important, and we’re open to negotiating a rent-back agreement that works for both parties. This arrangement allows you to continue living in the property as a tenant, while we take ownership of the home.
The terms of the rent-back agreement, including rent amount and duration, will be discussed and agreed upon based on your needs and situation. If you’re interested in exploring this option, feel free to reach out to us directly to discuss how we can help you stay in your home.
Q: How do you Determine the Price to Offer on my House?
A: Great question, and we’re an open book. Our process is very transparent. We carefully assess the location of the property, required repairs, the current condition of the property, and the value of comparable houses recently sold in Hampton Roads. By analyzing all these factors, we determine a fair price that aligns with market trends and meets your expectations as a homeowner.
Want To See What We Can Buy Your House For?
Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Hampton Roads homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (757) 231-9047. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.