Sell My Home Because It’s Upside Down
Looks like I must sell my home because it’s upside down financially. That means I owe more than it is worth. Most of us know that can happen with vehicles, especially when payments are spread out over a repayment schedule longer than five years. But we surely don’t expect it to happen with real estate.
Currently, the balance owed on my mortgage appears to be higher than the market value of the property, which of course makes it nearly impossible to sell to the typical buyer. I realize the buyer I need now is not typical. A real estate investor can see value in a property that may not be reflected in assessed market valuation, which makes an investor the best buyer for my home.
Why is my home upside down? It needs a lot of repair and remodeling work. In its present condition, meaning not in good shape, it does not appeal to average homebuyers looking for a home to live in. A real estate investor, on the other hand, is generally looking for properties with value that may not be obvious to other buyers. The value in my home is in the location. It is zoned for commercial use, which gives it potential future value.
We Pay Fast Buys Homes Zoned Commercial
There are real estate investors working as a team at WePayFast.com. They are experienced in purchasing both residential and commercial properties directly from the owners, without the need to involve agents or brokers. And, most importantly, without the need to get a mortgage loan.
The We Pay Fast investors pay cash and close fast on homes and commercial properties in any condition, in any location. When I call 1-800-WePayFast (1-800-937-2932) or email info@wepayfast.com I can expect a phone call back within 24 hours. Their team is quick to respond and easy to work with throughout a quick, cash sale.
To sell my home because it’s upside down financially I can call 1-800-WePayFast (1-800-937-2932) and speak to a We Pay Fast investor today.