Need to Sell the House to Get Out of Debt?

Written by Leslie on 10/09/2019

Need to Sell the House to Get Out of Debt?

Need to Sell the House to Get Out of Debt?

When hard times come around and don’t appear to be leaving anytime soon, you may need to sell the house to get out of debt. There’s a time and a place for downsizing. Sometimes we choose it and we look forward to getting a smaller, cheaper place to live. But that’s not always the case. Sometimes we are forced to sell when it’s not our choice.

Bankruptcy is one option for getting out from under a crushing debt load. It’s a legal process that requires the services of an attorney because a judge must hear each bankruptcy case in court. So, when you are least prepared for additional bills you will have to pay an attorney upfront. It’s a common practice for bankruptcy attorneys to require a retainer, so it’s usually the only way to get your bankruptcy case started.

But if you have equity in your home, you could consider selling it and paying down your debt. Maybe you’re discouraged by the prospect of listing your home and waiting for an offer, and then waiting even longer for the buyer to get approval on a mortgage loan. That’s a very common experience for sellers.

How to Get Fast Cash to Pay Debts

You only need one buyer to sell your house. And you only need a cash buyer to sell your house without waiting for mortgage loan approval. So, where do you find a cash buyer that will be able to close quickly, with no loan approval, no real estate commission and no fees or costs to you as the seller?

We Pay Fast is a cash buyer of single-family homes, duplexes and apartments all over the country. Give us a call at 405-521-1807 to discuss your situation. We understand the need to sell a house to get out of debt. Email us if you prefer at [email protected] and we’ll get right back to you.