Options To Consider If You’re Behind On Your Mortgage

sell my house fast

No one becomes a homeowner with the thought of someday losing their home. Buying a home is meant to provide people with new opportunities for growth. However, when times become tough, the exact opposite can happen. It’s easy to get caught up in the emotional aspects of potentially losing your home but staying determined, focused, and optimistic is the best thing you can for yourself and your family.

As soon as you realize you’re not going to be able to make your full monthly mortgage is the time to seek help. The sooner you take action, the sooner you’ll be in a better position to avoid foreclosure. Foreclosure doesn’t have to be the only option. By doing the following you can avoid losing your home:

Speak With Your Mortgage Lender

Avoiding phone calls, throwing away letters, and sending emails to the trash bins are things not to do when you fall behind on your mortgage. Instead, be proactive. Ask to arrange a meeting with your mortgage lender. Explain to them your situation and see if a lower monthly plan would be available until you get back on your feet. If having lost your job is the reason you’re struggling to pay your home, your lender should know this. Lenders have dealt with many similar situations and will be able to offer a potential solution based on your situation. To them, ignoring their calls, emails or letters is a sign of negligence and a lack of care.

Be Skeptical of Any Foreclosure Offer That Sounds Too Good to Be True

Ever heard of a foreclosure specialist? If they haven’t already reached out to you, individuals with this type of title will contact you as soon as your home goes into pre-foreclosure. The offer typically begins with a sympathetic “Let us help you — we’ve seen many people go through the same thing, that’s why we’re here to help.” Then, they’ll offer you a loan to cover the costs. It all sounds great and can certainly be what you need to remain in your home but the terms will leave you in a worse position. Paying back these loans will be nearly impossible given their extremely high interest rates. Do your research before signing on the dotted line.

Contact a Cash Home Buyer in El Paso

Allowing your home to go into foreclosure will leave you without a home and without the means to move on from the situation. However, one option you’ll want to consider is selling your home for cash. As cash home buyers, we buy homes in pre-foreclosure at a competitive cash offer so that you can avoid ending up without the means to secure your next move. Since you don’t have to make any changes to your home, the move, though it will be difficult will come at no additional cost to you. We don’t collect closing fees and we don’t charge a commission.

Falling behind on your mortgage can hit you like a ton of bricks. From one day to the next it can feel like everything has changed for the worse. Seek help today by giving us a call.

5 Tips to Sell My House Fast

For sale sign in front of house for saleSo you need to sell your home fast. Selling your house can be incredibly stressful, especially if you’re working on a tight schedule and have a million other things on your mind. These tips, brought to you by El Paso Cash Home Buyers, can help you do so quickly.

Tip #1: Depersonalize Your Home

When prospective buyers visit your house, they want to picture it as their own. But it can be hard to do so when all they see are pictures of you and your family, trophies, memorabilia, and other things that can take away from their own personal experiences. Our advice? Pack those ahead of time. Your house might look a little plainer, but it’ll allow prospective buyers to truly picture themselves in your home.

Tip #2: Improve the Exterior

Before showing the house, be sure to pull weeds, mow the lawn, update any exterior fixtures, and what have you so you can improve the curb appeal of your home. This will give potential buyers a great first impression and help you sell your home fast. You can also repaint your house. While this can be time-consuming and even a bit costly, it can have great benefits in the end.

Tip #3: Clean, Clean, Clean

A dirty home can hide how truly beautiful your home is. Before showing it to prospective buyers, be sure to deep clean. This will make your home look shiny and new and 100 percent more reliable than a dirty house. With a clean home, you’ll make a positive first impression for sure.

Tip #4: Declutter

Just like personal items, clutter can make your home hard to imagine living in. Decluttering can help make your home look emptier, which gives prospective buyers the chance to imagine their belongings in the home. It can also help you get ahead on packing, which is always a bonus.

Tip #5: Work With a Professional

A lot of the above-mentioned stuff takes time, and if you don’t have the time to spare, don’t worry. Another option is to work with a professional. A professional will be able to help you sell your home fast, even if it isn’t that appealing or needs a lot of work.

If you’re wondering: “how can I sell my house fast,” we have solutions for you. El Paso Cash Home Buyers can help you sell your home fast, so you don’t have to worry. Call today!