Problems With Using Bankruptcy to Stop Foreclosure in Nevada

Many homeowners feel powerless when their bank sends them a Notice of Default and might consider filing bankruptcy to stop foreclosure on their house. Knowing that they’re behind on mortgage payments can force borrowers to seek help in unlikely places.

If government loan modifications and repayment plans are unavailable to help a homeowner stop foreclosure, they can feel like their options are limited while going through a foreclosure.

With the threat of losing their family home and the stress related to major financial hardship, many homeowners will jump at any chance to stop foreclosure, no matter at what cost. Some homeowners might feel like their best option is filing for bankruptcy, but there are a multitude of problems with using bankruptcy to stop foreclosure.

Bankruptcy Misconceptions

problems when using bankruptcy to stop foreclosure

One of the main reasons homeowners choose to file bankruptcy on the cusp of foreclosure is due to the misconceptions associated with bankruptcy. Through misinformation and word-of-mouth exposure, people make assumptions on the bankruptcy process that are simply not true. These common misunderstandings contribute to the problems with using bankruptcy to stop foreclosure.

A likely misconception is that bankruptcy can stop the foreclosure process completely.

This is simply untrue.

Although declaring bankruptcy will buy time during the foreclosure process, it isn’t a permanent solution.

If bankruptcy is filed before the Notice of Sale, homeowners will experience a foreclosure bankruptcy stay. This automatic stay bars lenders from pursuing collective activities on a homeowner’s assets to repay what they already owe and begins as soon as the borrower files.

However, mortgage companies have the right to file a relief from stay.

Their case is especially strong if the borrower has already stopped making mortgage payments.

If the bankruptcy grants the motion, lenders will be able to continue with the foreclosure process. Unless a borrower is able to continue to make mortgage payments, filing for bankruptcy isn’t a reliable method to stopping foreclosure. It temporarily halts the foreclosure process; it doesn’t stop it permanently.

You Still Have to Pay Back the Loan

getting a loan to avoid using bankruptcy to stop foreclosure

Another common misconception is that homeowners who file bankruptcy can keep their residential property without having to pay back their loan.

Most borrowers file for bankruptcy to obtain a discharge, or release, from personal liability for their home loan debt. However, the foreclosure bankruptcy discharge is not guaranteed and is, thus, one of the ample problems with using bankruptcy to stop foreclosure.

The foreclosure bankruptcy discharge differs between chapters. When filing for Chapter 7, for instance, lenders have the option to object during a four-month-long grace period. They can file a motion to dismiss the case for a number of reasons and force borrowers to pay missed mortgage payments while continuing the foreclosure process.

With a Chapter 13 bankruptcy, however, homeowners can see a discharge only after successfully completing a payment plan, which usually lasts between three to five years. Before completing it, homeowners are vulnerable to foreclosure.

Amy Loftsgordon, contributor to a site all about national laws, wants homeowners to remember “that even though the borrower is no longer personally liable for the mortgage debt [with a successful bankruptcy discharge], the lender still has the right to foreclose if the borrower isn’t making mortgage payments.” Don’t count on a foreclosure bankruptcy discharge to save your home.

Foreclosure Bankruptcy Laws

signing paperwork to us bankruptcy to stop foreclosure

Before filing for bankruptcy, knowing your state’s foreclosure bankruptcy laws is necessary. Although there are a few slight variations to the laws throughout the country, the basic regulations apply to most homeowners seeking bankruptcy to disrupt foreclosure proceedings.

The changing bankruptcy laws can be a hassle when deciding to file. Approximately a decade ago, Congress overhauled the national bankruptcy laws, effectively making it harder for many people to file.

They reconfigured Chapters 7 and 13 bankruptcy specifically. Homeowners must pass a stricter means test to qualify for chapter 7 or risk paying back some of their debt in a separate Chapter 13 filing. In addition, the new bankruptcy laws require homeowners to get credit counseling prior to filing a bankruptcy case. These new additions are costly to homeowners in need of a speedy solution to foreclosure.

Before the change in policy, most homeowners were allowed to choose the type of bankruptcy ideally suited for their specific situation. Most decided to file for Chapter 7’s liquidation method over Chapter 13’s repayment plan.

The bankruptcy law initiated in 2005 now prohibits some homeowners with reported higher incomes from utilizing Chapter 7 bankruptcy. If a filer’s current monthly income is greater than the median for a household of equal size in their state, they must pass an additional means test before filing for Chapter 7. This bankruptcy law forces many homeowners to jump through time-consuming hoops before halting their foreclosure. If dealing with a foreclosure deadline, this added step can be costly.

the problem with bankruptcy to stop foreclosure

The foreclosing bankruptcy laws requiring additional credit counseling also contributes to the problems with using bankruptcy to stop foreclosure. Before filing for either Chapter under the new law, homeowners must complete mandated counseling with an agency provided by the United States Trustee’s office.

Although their purpose is to help struggling homeowners, these counseling sessions can hinder certain cases for bankruptcy. If the appointed counselors believe a borrower can meet monthly payments, they’re required to submit their findings to the court. These preliminary findings can be devastating to borrowers that need to stop foreclosure immediately or face eviction.

Before receiving an automatic stay from bankruptcy, filers must trek through many hurdles. These hurdles often impede a homeowner’s desire to keep their home. Although they may seem straightforward and simple, the ever-changing foreclosure bankruptcy laws and increased cost to qualify are some of the main problems with using bankruptcy to stop foreclosure.

Foreclosure Bankruptcy Taxes

doing research on your options when considering filing bankruptcy to stop foreclosure

Another one of the major problems with using bankruptcy to stop foreclosure is the current taxes aligned with selling. Homeowners must be wary of the additional costs to filing bankruptcy, especially if their goal is to ultimately save their home.

A common tax law requires bankruptcy filers to pay tax liability after receiving debt forgiveness. The principal treats any kind of financial forgiveness as a financial benefit, even if it means losing a home through foreclosure.

Homeowners are required to pay additional foreclosure bankruptcy taxes due to the federal government’s regulations, the Cancellation of Debt Income, or as a capital gain from foreclosure. If homeowners are currently struggling to pay their monthly mortgage payments, they’ll likely be unable to pay Uncle Sam, resulting in yet another incurred debt.

If a homeowner’s main focus is keeping their home despite their mortgage lender initiating foreclosure, filing for bankruptcy shouldn’t be a consideration. Filing for bankruptcy is time-consuming, the laws are constantly changing, and foreclosure bankruptcy taxes can be brutal on a homeowner’s wallet. Instead of experiencing the many problems with using bankruptcy to stop foreclosure, homeowners are advised to avoid the bankruptcy misconceptions and explore alternatives when facing foreclosure.

Are You Considering Using Bankruptcy to Stop Foreclosure

If foreclosure is looming for you, you should consider getting a cash offer from a cash home buyer. www.sellmyhousefast702.com has helped dozens of sellers in Las Vegas sell their house before foreclosure. This has allowed them to keep the foreclosure off their credit and receive some of the equity they had in the home instead of losing it all.

If you’d like to find out how much we can offer if you decide to sell your Las Vegas house fast, give us a call at 702-608-5755. We look forward to talking with you about how the process works and what we can do for you.

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How Can We Buy Houses Help You?

If you need to sell your house in the Las Vegas area, but you don’t have the time to wait for an agent to list it or to sell it by owner, give us a call! We buy houses all over the Las Vegas area. We pay cash for houses as-is and we close within a matter of days. In some cases we have closed sales in as little as three days.

This post will cover some of the different house buying situations that we specialize in. While we mainly deal with these types of situations, we buy houses under many other circumstances as well. You can visit our main page to learn more about our process and how to get it started.

Do you have too many repairs to make?

we buy houses help you with repairs
Whether repairs are voluntary or involuntary, their costs add up in a hurry. We’ve heard many stories about small home repairs turning into remodels because of wood rot and outdated plumbing. If you live in an area near lots of water, you may find yourself making more repairs than you’d like. Flooding and storms constantly keep you busy with your house. Arid places like Las Vegas also have their drawbacks. Normally there is a lot of leveling and roof work to be done. We buy houses all of the time that require repairs. We actually prefer them!

Have you inherited a house?

We buy houses that have been inherited, no matter what the circumstances. Whether you inherited a house though probate court or other less common ways, we’re interested in buying it. Inherited houses come with taxes, repairs and a houseful of extra stress. Why not get cash for your extra house and lose the headache?

Are you currently going through divorce?

we buy houses help you with divorce
Divorce is a tough thing for anybody to go through. More often than not, couples who just want to move on with their lives end up having to share a portion of it due to home ownership. Since we pay cash and close fast on houses, we offer the perfect service for getting rid of your home and moving on. The day that we close you will have money in your hands to help you get started with the next chapter of your life.

We buy houses before foreclosure.

Foreclosure is another one of those tough situations that some home owners have to go through. Once again, the services that we offer are the perfect way to help. We can make you a fair offer on your home that could possible cover the amount that you owe for foreclosure and give you the chance to start over in a new home. If you are currently in pre-foreclosure, let us buy your house before it hits foreclosure!

Is land lording too much to handle?

we buy houses help you with landlording
We buy houses from landlords all of the time. Being a landlord is tough business. There are vacant properties to worry about, questionable tenants to deal with, and the month to month cost of insurance and taxes on your properties. If you feel that land lording is something you want to do less of, or stop doing all together, give us a call. Whether they are occupied or not, we’d like to make you an offer on it.

Do you need to re-locate?

Many people have jobs that require them to change locations every few years. This can make selling your house more stressful than normal circumstances. When there are deadlines than need to be met it adds a whole other level of frustration to the process. Our ability to close fast makes selling convenient for you. You’ll be able to use all of the extra time saved by selling to us to move at a comfortable pace.

What does it all mean!?

we buy houses help you with financial freedom
We offer the most convenient and stress free way to sell your house fast and at a fair price. We buy houses all of the time from people listed in the above situations and some that are so unique that they don’t fall into any one category. We are house buying professionals who offer professional assistance. If you are serious about selling your house fast and need our help, we are more than willing to provide it!

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House Investors That Buy Houses for Cash in Las Vegas

You’ve probably heard of them before – house investors that buy houses cash in Las Vegas. www.sellmyhousefast702.com is one such company.

But what exactly are the benefits of house investors? Why is it becoming such a popular option? There are definitely advantages to house investors and many see it as a better investment of their time to go with one when they want to sell their house fast.

In this article, we’ll look at pros and cons of selling your house to a real estate investor so you can get a full picture of the business and what to expect when dealing with real estate investors.

house investors

All you need to know about house investors that buy in cash

Being a real estate investor is a fantastic job for those who enjoy networking and are extremely good at real estate sales. But do you know everything there is to know about real estate investors? Have a look at some pros and cons of house investors!

Here are the pros of working with investors that buy houses cash

Pros of house investors:

house investors

  • You won’t have to pay real estate commissions.

Normally, agents will charge certain commissions for using their service. Completely understandable. But house investors don’t and yet they deliver the same service, except faster.

  • They will help you update and upgrade your property.

And you won’t have to worry about any of this – unless you wanted to.

  • They offer flexible payment options.

By offering a variety of payment options you will be able to sell your house fast regardless of your financial state. Alongside, you will also be able to avoid foreclosure.

  • We are able to pay cash and sell your house fast

‘As Is’ sale means that your house can be sold without providing a warranty or being on the hook for problems with the house. You will be able to save a lot of money as well as time. House investors that buy houses cash do not need a warranty. They are getting a discount on the house and know it needs repairs.

  • No hidden fees.

Investors have no hidden real estate fees. This makes it easy to get a good price on your property.

Cons of house investors:

cons of real estate investors

  • They don’t need a license to buy

It might be hard to do a background check on the person selling your home, however, you should still be able to check reviews of the house buying company to make sure it is legitimate. A reputable house investor should provide you references and be honest and upfront about their business.

  • Scammers are out there!

It’s a popular way for scammers to make money off of innocent people. There are some we buy houses scams out there. So how do you make sure your real estate investor is legitimate? You should be able to look up any agent with the Better Business Bureau. An honest real estate investor will also be open to answer any questions you might have about the house selling process.

  • You might get less money for your house

Due to purchasing your house ‘As Is’, this usually means the value of the house will go down. However, due to so many hidden costs of real estate agents, you will often find that cost-free house investors are actually a better option as you roughly end up with the same amount of money as you’re not going through the usual paperwork process.

Investors that buy houses cash need to buy at a discount so that they can cover the unknown expenses they may incur.

6 things every house seller should know

things to know when selling your house

  • Give yourself time

Unless you want to sell your house fast, house selling is often a long process. Give yourself time to make sure things go the way you want them to and that you can sell for the value you want. You will need to be patient – it’s part of the game.

  • House viewings are a tiring process

Apart from keeping your house clean at all times, pet-owners will also have to keep an eye on their animals – or better yet, keep them away from the house during a viewing. You really don’t want your dog to run crazy around the house as your potential buyers are looking around. Warning: there will be a lot of time wasters.

  • But house viewings are also important

When preparing your house for a viewing, you should go beyond just hiring a cleaner or cleaning the property yourself. Sometimes painting the facade, decorating or even keeping the house warmer than usual during the viewing can help speed up the process.

  • Good photos are the secret to success

When you list your property, you need to make sure your photos are fantastic. They are the first ‘house viewing’ people will get – so either brush up on your photography skills or hire a professional who will help you take absolutely perfect pictures. Trust us – you’ll be thanking them later.

  • Get help when you need to

Everyone thinks they are able to sell the house by themselves. But are you really? Do you know the best ways to put your house on the market? Are you familiar with the tricks of the trade and know the real estate lingo inside out? If yes, good for you. If no, don’t worry – our blog is a fantastic resource with plenty of valuable real estate information that will help you make a right decision.

  • You can sell your house in just 2 days!

With www.sellmyhousefast702.com, your house can be sold in 2 days if necessary. We buy houses. Got repairs? Doesn’t matter. We buy houses for cash as-is!

house investors

Give us a call at 702-608-5755 or fill out our form – you will hear back from us with a cash offer in less than a day and you can close it whenever you want. Your house can be sold tomorrow, in a week or even in a few months – it’s up to you.

We’re also here to answer any questions you might have on the house selling process, avoiding foreclosure, selling your house with tenants still in it and much much more. Give us a call on 702-608-5755 and sell your house fast!

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Sell Your House Fast in Las Vegas

Selling a house fast is often an added unexpected stress, but it doesn’t have to be. Did you know you can actually sell your house fast and never have to worry about anything, including repairs? Yes, you can sell your house fast in Las Vegas!

In this article, I will cover everything you need to know about house buyers and the process that enables you to sell your house fast. We buy houses cash – scroll to the bottom of the page to find out how to contact us and start the process today. But for now, let’s get started.

Ways to sell your house fast

sell your house fast

You can sell your house extremely fast by going through a house buying company and here are steps you need to take to make sure the process will run smoothly and without any issues.

1. Research house buying companies

When doing your research, always make sure that the house buying company you choose, which advertises to sell your home fast, is actually not a scam. Check their reviews and testimonials, check their website data and make sure you call them. While some often rely on fake testimonials, you should know that it’s very easy to detect them.

How you can spot a fake testimonial:

  • Check their account

If the website offers a third-party review service, check the reviewer’s account. Does it look like it comes from a real person? You will be able to tell. You can spot a fake image by right clicking and doing a reverse Google image search.

  • Check the time of the reviews

If a site has plenty of reviews, you might want to see when they were published – a lot of reviews are often published all at once, as, of course, the owner made them. Check reviews from a third party website – if a company doesn’t have any, then it hasn’t been on the market long enough to gain any reputation. This could be either good or bad – it’s your decision.

  • Do the reviews look similar?

When it comes to fake testimonials, a ghostwriter will often use the same language, or at least one odd word, repeated in all testimonials – keep an eye on those as there are millions of ways a person can write a review. A scammer, especially when from a foreign country, will often have the same spelling mistake in his testimonials.

2. Fill out their form or call them

sell your house fast

After you’re done checking whether the house buying service is legitimate, give them a call or fill out their review form. A good house buyer should answer the call or have an automated service set up if they’re not available – if you have too many disconnected calls, don’t worry – this is not the person you want to work with. When filling out a form, the more information they request, the better it will be for you. Never reveal your personal information that could resolve in stealing your identity.

3. Show your house to the house buyers

When wanting to sell your house fast, you still have to do some sort of a viewing. Be honest – show what you think is the best feature in the house, but don’t forget to mention things that might need repairing. If you don’t, you might still get the cash, but it might cause an unfortunate chain reaction. Honesty is the best policy.

4. Make a decision

So how do you make a decision on the house buying company? There are a few things you should consider when choosing the right company to sell your house fast.

  • How fast can they sell their house?
  • How much (relevant) information they require?
  • Check their online reviews
  • Google their name and go beyond the first page.

5. Decide on the date

choosing a date to sell your house

When do you want to sell your house? Did you know that www.sellmyhousefast702.com allows you to sell at a time most convenient for you? Whether it’s 2 days from now or 2 months – we’re here to accommodate your needs. You can easily sell your house in 7 days! Scroll to the bottom of the page to find our contact number – we can’t wait to hear from you-

6. Sign the contract

After your search is done, it’s time to move on to the next step – sign the contract and sell. Here’s a few things you should be aware of if you’re about to sell your house fast.

  • Always sign a purchase agreement

Avoid closing anything at the kitchen table – you must sign a real purchase agreement and always make sure it is legitimate. Don’t sign over deeds until closing at a title company or attorney’s office.

  • Carefully check your contract

It’s best to consult with the lawyer to make sure there aren’t any contract flaws or possible fraudulent activities. Your lawyer will be able to determine the purchase agreement is legitimate and safe.

The fastest way to sell your house

sell your house fast

If you’re looking to sell your house quickly as is, you’re in the right place. Our website offers you everything you need to know about selling your house and if you’re still unsure on what to do, you can always give us a call at 702-608-5755.

We buy houses – just fill in the form and we will give you an offer in less than 2 days. Your house could be sold for cash in less than a week! Following the steps above and you’ll be able to sell your home quickly, safely and efficiently. Without any problems or worries.

We’d love to hear from you, so even if you just wish to talk about real estate or if you have any questions on the subject of stopping foreclosure, selling or renting out your house, give us a call at 702-608-5755.

We’re here to help you sell your home fast.

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Sell My House Fast in Las Vegas

Thinking, “I need to sell my house now”? Many of us have been there before. Here’s how to deal with the situation.

There are many reasons why a homeowner would seek to sell a house fast. Sometimes there are too many major repairs making their current property unlivable. Other times, a homeowner must relocate immediately for an amazing new job opportunity. Even financial hardship can force homeowners to sell before the mortgage company initiates foreclosure. Whatever the reason, it’s essential for homeowners to know a company that’s willing and able to sell their property fast.

How can I sell my house now?

sell my house now

When Amelia Blackwelder was looking for a reliable way to sell her home quickly, she scoured company websites for weeks searching for a perfect fit. She was living in a dilapidated home that needed major updates before being market ready. Aware that home renovations were out-of-budget expenses and needing to sell her property right away, she contacted several realtors and house buyers and even advertised her home on social media herself. After few offers and a thorough research, Amelia stumbled upon www.sellmyhousefast702.com, a locally owned and operated business experienced in buying unwanted homes fast. Within a week from the initial contact, Amelia was moving out of her fixer-upper and on to new opportunities.

Why did Amelia choose www.sellmyhousefast702.com? After contacting several real estate agents in the area, she knew she’d rather sell on her own than work with a realtor. Choosing to become your own agent isn’t a new concept; nearly 10% of homeowners skipped the realtor and sold their For Sale By Owner (FSBO) property in 2014. This large number is due to the many advantages experienced when selling a FSBO.

Homeowners often know their property better than a real estate agent. When Amelia contacted an agency to assess and market her fixer-upper, she was surprised with their lack of professionalism. One realtor told her it’d cost her thousands of dollars out of pocket to sell with his company. Another agent saw the condition of Amelia’s property and walked away immediately. Although her home needed major repairs, Amelia knew selling wasn’t a lost cause. After contacting www.sellmyhousefast702.com, Amelia found a company that saw the potential she did while assessing her home. The company also offered a level of professionalism not seen in the realtors Amelia attempted to hire.

Another advantage of not hiring a realtor to sell is saving time and money. Amelia was able to close within a week without paying hefty realtor commission fees. www.sellmyhousefast702.com filled out the tedious paperwork while foregoing a buyer’s fee to make Amelia’s process expedient, simple, and cheap. She ended up spending more time and effort on finding an agent than closing on her home and moving.

Noel offered a simple process to sell my house now.

i want to sell my house now

After running into too many unfriendly real estate companies, Amelia found www.sellmyhousefast702.com to be an amenable anomaly. After filling out a simple form online, she was contacted by a service representative immediately. Unlike the realtors she looked into hiring, www.sellmyhousefast702.com got back to her within a day. Within a short phone call, Noel set an appointment that worked for both parties, making the initial meeting the least intrusive part of Amelia’s selling process.

When Noel pulled up to Amelia’s rundown two-bedroom abode, she expected criticism. She thought he’d not only be disappointed with her fixer upper, but that he’d actively dismiss it without even stepping inside. To her surprise, Noel was not only cordial but he was also complimentary. After giving him a detailed house tour, complete with the major eyesores that kept Amelia from selling, Noel offered a generous estimate on her property. Finally, she felt like she had found someone who’d respect her home while giving her an honest assessment.

Before the week was over, www.sellmyhousefast702.com sent Amelia a cash offer that was too good to pass up. Whereas other potential buyers wouldn’t bite until she lowered her asking price or made expensive repairs, www.sellmyhousefast702.com was willing to work with Amelia’s standards and offer a fair price for her old home. She never felt pressured into the price – like other buyers had pushed for- or like Noel had made an obligation cash offer. His team of professionals treated Amelia and her house with the respect she couldn’t find elsewhere.

www.sellmyhousefast702.com helped me sell my house now.

I need to sell my house now

It was a relief to find an experienced company to buy Amelia’s home right away. When sitting on a property with an enormous amount of repairs or an underwater mortgage, sometimes the best option for homeowners is to sell. Some homeowners may feel trapped living in an undesirable house. Before spending thousands on those house lifts, contact www.sellmyhousefast702.com for an honest estimate. No house is too ugly, undesirable, or unbuyable for Noel experienced team of professionals.

www.sellmyhousefast702.com offers a highly organized and skilled staff to help homeowners like Amelia reach their selling goals. Each closing is personally tailored to meet the seller’s needs; each offer is individually based on the property being sold. Noel and his company make it evident that their main mission is more about helping homeowners in need than making a purchase. Their discreet and friendly service gave Amelia the ability to move forward without wasting time and money with real estate agents and making repairs.

There are many reasons for homeowners to use Noel when selling their home. Whether it’s the financial burdens of owning a home or the threat of imminent foreclosure, homeowners need a speedy solution to the selling process. If customer care and honest advice is important to a homeowner, seeking the services of Noel efficient team is the best option for homeowners.

www.sellmyhousefast702.com buys houses in the Las Vegas area with cash fast! www.sellmyhousefast702.com provided Amelia the exemplary service she was seeking once she decided to sell her home. The friendly service representatives helped make the selling process simple, hassle free, and fast. If homeowners are seeking a quick closing and a stress free solution, Amelia recommends using the highly respected www.sellmyhousefast702.com. If you’re thinking “I need to sell my house NOW!”, don’t worry! We will buy your house as is, no problem! One call can save you time and money when selling your home!

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How to Sell a House Fast in Las Vegas

When thinking of selling a house, most people don’t realize they can actually sell a house fast by taking some extra steps and do some real estate research. You can sell quickly and this article will show you exactly how to sell a house fast!

As a cash house buying company, we want to offer you everything you need to know before you make the decision to sell your house. We’re going to show you how to sell a house fast in Las Vegas!

Tips on how to sell a house fast

1. Fix what is broken

making repairs to sell a house fast

Sounds simple, right? By making sure your house looks completely functional, you are putting a bigger value on it and attracting more and more buyers. No one wants to deal with repairs, we get it. So fix what is broken. Inspect your property, find least appealing features and fix them. Don’t forget to give the front of your house an upgrade as well – sometimes freshly painted facade goes a long way.

This is sometimes a timely project, especially with older properties – if you’re wondering how to sell a house fast without having to deal with repairs, you’re at the right place – we buy houses in any condition. Just fill out the form or give us a call and your house can be sold in less than a week if needed. Interested? Scroll to the end of the article for more information.

2. Find a good real estate agent

Good and experienced agents are important. You want to work with someone who will look past the first buyers who will probably offer a lowball deal. Your agent should do everything he or she can to help you sell your house with the value you have in mind.

How to find a good agent?

sell a house fast with agent

Good agents are hard to come by, but here’s how you can spot the best of the best that will help you sell your house fast.

  • Check their references.

A good real estate agent will have references available in case you have any questions. We’ve all heard of real estate agents asking their clients for a reference check, but the truth is, you can do exactly the same.

  • Check their credentials and past clients.

Sure, people say they’re a real estate agent, but do they have a license? If the answer is no, run. Is their database of past clients good enough for you to trust them? Yes? Good. You should always be able to call or email past clients – a good agent will be open about their business and will be able to give you all necessary information without hesitation. If not, take caution.

  • Ask them questions

Treat it like a job interview process – as them about a property for sale in the area. A good agent always stays on top of ‘for sale’ signs and knows the ins and outs of their neighborhood. Ask them about their plans – how they’re going to market your property, where are they going to market it and what is their strategy that will help you reach your goal – to sell a house fast.

3. Go with a cash house buyer

Now, here’s how to sell a house fast…lightning fast!

Cash house buying services are becoming largely popular due to plenty of benefits for the seller. Just Google ‘how to sell a house fast’ – we can guarantee cash house buyers will show up. It’s the best way to sell a house fast, and a popular service in Las Vegas.

Benefits of selling your house to a cash house buyer:

how to sell a house fast using a cash home buyer

  • We take houses that need repairs

Which means you can completely scratch the first point in this article. No matter how many repairs your house might face, we’ll be happy to take it from your hands and give you cash in return.

  • Close within a week!

We pride ourselves in our fast house selling service – your house can be sold in a week. Need to get rid of it faster? No problem – just give us a call and we can arrange everything in just two days if necessary.

  • Fair cash offer.

We always try to match the offer to your demands – you’ll receive a fair cash offer that can compete with the real estate prices, if not even better. How do we do that? See the next point.

  • No fees.

Imagine not having to worry about hiring an agent or going through fees in order to sell your house. Just hiring an agent will take away a huge amount of your profit – cash house buyers have no fees at all which is what makes them most attractive to those who are looking for a better house value.

  • You can avoid foreclosure!

Ever wondered how you can avoid foreclosure? By selling your house to a cash house buyer. If you have any questions about foreclosure, we have prepared several articles for you with all necessary answers. You can always give us a call to discuss things further.

  • Avoid inspections, appraisals, surveys

All those things can delay your house selling process. You might want to sell your house in March, but the traditional way might take longer as you will have to deal with inspections, appraisals, surveys and other unnecessary paperwork.

sell a house fast to local cash buyers

Sell a house fast!

Made your decision?

www.sellmyhousefast702.com gives you a cash offer within one day and you can close it whenever you want. Your house can be sold in a week!

If you need to sell your Las Vegas area house fast and would like to get a no-obligation cash offer, call us now at 702-608-5755. Whether you decide to sell your house to us or not, we would like to help answer questions you might have about the process.

Selling a house is a confusing process for many – but we are here to make sure you have all necessary information before you make a sound decision.

Sell My House Fast 702

How to Find a Cash Buyer For Your Las Vegas House

You’ve decided you want to sell your house for cash in Las Vegas. Now it’s time to find a cash buyer. I’m going to show you how to find a cash buyer for your Las Vegas house.

In my previous articles, I talked about the benefits of selling your home to companies that buy houses as is for cash. But do you really know how to find a cash buyer for your Las Vegas house?

Guide for How To Find a Cash Buyer

how to find a cash buyer when selling a house

When looking for a buyer, always do an extensive search and find all options before making a decision. This will ensure that you will end up selling your house to a person or a company you actually trust.

Real buyers are just as reliable as any real estate agent, if not even more. But you just have to know these tips and tricks on finding the safest and the best in the business.

Best websites on How To Find a Cash Buyer

The first thing most people do when trying to find a house investor is using the ‘find a cash buyer’ keyword. But why do that when you can go directly to these sites, search for companies that buy homes and sell your house fast?

websites on how to find a cash buyer

Craigslist

Although Craigslist often has a bad rep for being unsafe, it’s an incredible website when you want to find investors. And you CAN do it in a safe way.

BiggerPocket’s article on Finding Buyers on Craigslist offers a fantastic insight on everything you need to know about home investors on Craigslist.

In a short summary, the article explains that the best way is to search in the ‘real estate wanted’ section as well as post your own ad. It identifies two types of Craigslist’s investors – passive and aggressive. This is how to find a cash buyer fast.

With a passive way (creating a simple ad stating your business), he suggests using WuFoo which allows you to create simple forms to keep your potential buyers organized.

And here’s how to find cash buyers on Craigslist’s effectively using the aggressive method:

  • Write down all house buyers and call them.
  • State what you’re looking for and give all necessary information – use this to create a list for the future.
  • Ask them if they are cash house buyers – if they say yes, BINGO – you found them.

Check the Yellow Pages

check yellow pages on how to find a cash buyer

This might be an old-fashioned way, but yellow pages always have a real estate section where you’ll be able to find the oldest and some of the most trustworthy cash buyers in Las Vegas. Here’s the link to the Las Vegas yellow pages where you can search for the ‘cash house buyers’ and find all relatable services. Then all you need to do is give them a call and arrange the whole process. And if you decide to go with www.sellmyhousefast702.com, your house can be sold for cash in less than a week!

How To Find a Cash Buyer: Other Sources

We’re not even close to being done yet. When it comes to real estate, some of the best opportunities can be missed due to focusing solely online. Here’s a few ways to learn how to find a cash buyer in Las Vegas without having to use the internet:

Las Vegas Real Estate Investors Association

SAREIA might have some answers you are searching for. Think of it as a database for investors – not only will you be able to find your cash buyer, you will also be able to network with other likeminded investors. It’s a fantastic way to get insight into the real estate business and ask all questions you might have – you will find people who have already gone through the house selling process, probably more than just once.

 

Check out the ‘we buy houses’ signs

Las Vegas has a lot of ‘we buy houses’ signs that have probably grabbed your attention before. But have you ever tried dialing the number and seeing what happens? When calling a potential buyer, they’ll be able to answer any questions you might have about their company and the entire house buying process in general. It’s the best way to establish a relationship quickly and effectively.

Ask local real estate agents

Similar to the aggressive Craigslist option, you can also ask local real estate agents if they know of any potential buyers in Las Vegas. While most might not want to give you information that can drive away their business, you can find honest real estate agents that are just passionate on the subject and willing to help you out. You never know – maybe some work as a buyer on the side!

Word of mouth

talking about how to find a cash buyer

Have you ever wondered if your neighbor might be the one that has a good house buying business? It never hurts to ask your neighbors if they know someone – sometimes the business is so good and local you don’t even need to advertise it.

Always ask around – talk to your family, tell them to ask at their workplace or simply go to the locals in the area. If you know someone who has been living in Las Vegas for a very long time, they will probably know a few tricks of the real estate trade. And hey, you’ll also make some new friends along the way.

We buy houses!

Still not happy with your choice? Don’t forget – you already are on the blog of a cash house buying company, www.sellmyhousefast702.com. Not only do we offer cash for your house, we are also giving you all necessary insight into the real estate business. Whether you have questions about relocation, divorce, stopping a foreclosure, renting out your house or you just want to know more about selling your house fast, just browse through our blog.

We buy houses in Las Vegas and can make you a deal in less than 1 day. We buy houses in record time – as little as two days! Got repairs? It doesn’t matter!

Fill out this fast cash offer form and we’ll give you a call with an offer – your house could be easily sold in less than a week without any hassles. We’re also able to answer any questions you might have on real estate in general.

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Options to Sell Your House Fast When Facing Foreclosure

So, you’re facing foreclosure? One of the best options you have is to sell your house fast when facing foreclosure. We can help with that!

Selling a house can be a daunting process for those inexperienced in the real estate business.

However, this article will help you break down and explain all questions you might have about how to sell your house fast when facing foreclosure.

I’ll teach you how to sell a house to avoid foreclosure, how the owner can sell a house fast when facing foreclosure, how to sell your house before foreclosure and selling your house during foreclosure.

Let’s go.

sell your house fast when facing foreclosure

What is foreclosure?

Foreclosure is a legal process which is undertaken if the homeowner fails to pay his mortgage. If you’re from Las Vegas, have a look at my Nevada Foreclosure Process article to fully understand the laws and the consequences of the foreclosure process in Nevada.

The trick most people aren’t aware of is, that you can sell a house fast when facing foreclosure.

Here’s how.

How to sell your house fast when facing foreclosure

There are several options you have when you want to sell a house fast:

  • Sell with an agent at a reduced price
  • Sell to cash home buyers
  • Sell for sale by owner
  • Marketing sale

Sell with an agent at a reduced price

Plenty of websites will tell you how to sell a house with an agent, but not many go into how to sell with an agent at a reduced price. There are a few tricks you can consider when you want to sell your house fast when facing foreclosure.

Trick #1: Lower the commission fees

Realtors usually charge 6% or more on commission. It’s what many accept as a standard fee, however, you are often able to negotiate this fee in half.

Trick #2: Compare agent fees

Don’t go with the first agent you find just because they’re the closest to you – they might be charging fees out of this world. Instead, shop around – find someone who you feel will be willing to lower the fees and still perform an excellent job.

Trick #3: Up the value of your property

Although this might not necessarily lower your agent fees, it will help you balance it all out and keep a steady cash flow.

san Francisco sell your house fast when facing foreclosure

Sell to cash home buyers

Selling your house fast to a cash home buyer is becoming a popular option in the USA and it’s slowly spreading around the world. There are many pros that come with this decision:

  • Your house can be sold in a week – if you sell with www.sellmyhousefast702.com, we will aim to sell in just a couple of days if necessary.
  • Sell without making any repairs on the house.
  • Receive a cash offer within 24 hours.
  • Hassle-free sale.

Sell for sale by owner

There are many reasons why someone might not want to go through a realtor to sell their house:

  • It’s expensive.
  • It takes time.
  • It’s a gamble.
  • It depends on the season.

If you’re real estate savvy and an excellent negotiator, you can sell your house fast when facing foreclosure by selling it by yourself. The truth is, you can save more than 7% of the property value if you decide to sell a house by owner.

sell your house fast when facing foreclosure plan

Here’s how you can be your own real estate agent:

  • Put a value on your home.
  • Obtain a flat fee listing on the MLS
  • Research laws in your state.
  • Hold a house viewing.
  • Sell, sell, sell!

Please note that selling your own home is not for everyone – it requires plenty of business skill and some marketing experience.

But don’t you worry – just move on to the next step in this article to find out how to correctly market your property and sell your house fast when facing foreclosure.

Must-do marketing tricks to sell your property FAST

So here’s how you should market your house to sell it fast when facing foreclosure.

  • ‘For sale’ sign on your front yard.
  • List your property on reputable services such as Zillow or any newspaper ads if you’re looking for a local buyer.
  • Start a property auction!
  • Create a website for your property. Use Google Adwords to attract more users.
  • Put your property website in your email signature.
  • Promote your property on Facebook and Facebook real estate / house buying groups.
  • Do a tour of your house on Youtube.
  • Network. Network. Network.
  • Word of mouth – your buyer might be living next door!
  • Use flyers to attract locals.
  • Advertise at your local events.
  • Find property buyers in your area.
  • Email campaign!
  • Open and friendly communication with everyone you come in contact with – be AWESOME!

Marketing tips: Don’t overdo it. Make sure your reputation is positive – sometimes too much marketing can bring bad reputation to your property and it will make it harder for you to sell. The best option is always to start locally – just ask around, you never know what or who you might find in your area. For more information about preventing foreclosure, please read this article.

avoiding to sell your house fast when facing foreclosure

Avoid Foreclosure By Selling Your Las Vegas House Before Auction

Remember: www.sellmyhousefast702.com can make you a cash offer to buy the house as-is. Paying cash for houses allows us to close very quickly…in as little as 2 days if absolutely necessary.

Click here to get a cash offer for your house or just give us a call at 702-608-5755. We look forward to talking with you about what options you have.

Sell My House Fast 702

Selling a House As Is

Selling a house as is to a buying company

There are numerous reasons why a homeowner might want to sell their property as is. Two of the most commonly stated reasons for selling a house as is is due to money and time consumption. Some owners may be financially strapped and unable to make the major repairs required to sell in peak condition. Others consider selling a house as is to ensure a speedy sale. Even with the assistance of realtors and other professionals, it’s not uncommon for sellers to see their property on the housing market for months at a time. The time wasted on market can be detrimental to a seller’s pockets.

find selling a house as is

How to Go About Selling a House As Is

If you seek the advantages of selling your home as is, looking for a dependable house buying company is a must. Selling a fixer upper can require too much labor for most homeowners. Thankfully, house buying companies specialize in buying properties that need major renovations. While other potential buyers will nitpick at your home’s flaws, house buying companies welcome them. This allows homeowners to forgo making expensive repairs before the sale, effectively saving money and time. Homeowners don’t have to worry about buyer complaints after closing either. If you’re considering selling a house as is, finding the right house buying company for you is essential.

Finding the Right House Buying Company

When conducting research on house buying companies, it’s hard not to stumble on “We Buy Houses” advertisements. From the yellow pages to signs planted on the side of busy streets, the popular slogan can be found seemingly everywhere. House buying companies use this line almost exclusively to advertise their unique ability to buy houses outright, without repairs or making any warranties. If you’re selling a house as is, the issue becomes sifting through a vast selection of companies and choosing the best one that will suit your needs.

There are a few key suggestions to keep in mind when choosing to sell your property to a house buying company. These suggestions will allow homeowners to receive the best price and customer service during closing. Remember, a house buying company gives cash offers based on fair market estimates by comparing your home to others in the region in similar condition. This requires house buying companies to extensively research the market area and stay up to date on regulations and procedures that will assist in closing. If a potential company doesn’t seem more knowledgeable about the selling and buying process than you, maybe they’re not a top house buying candidate.

Keep It Local

selling a house as is to local buyers

Another suggestion to keep in mind when picking out the right house buyer company is location. Much like the small business craze sweeping the nation, localized companies offer major benefits to homeowners needing to sell. Local companies have the advantage of knowing the area better, giving homeowners a more accurate estimate when drawing up the cash offer. They have a better grasp on the local housing market. This insider knowledge is pertinent to receiving a better offer for your fixer upper. Many nationwide companies are notorious for low balling sellers to account for unknowns. Local house buying companies know the terrain and aren’t afraid to trek it with a hesitant homeowner.

Local house buying companies also are typically smaller. Unlike national companies, local companies give the added advantage of working with the same buyer continuously. Choosing a local house buyer company means cutting out the middle man. This allows homeowners to earn more money when they sell, avoid hassles, and work with someone that actually knows their neighborhood. It’s a win-win situation for homeowners and small businesses alike. If there’s a choice, always go with a local cash home buying company.

Communicate with the Buyer Directly

Find out who you are working with when selling a house as is.

Although this may sound like common sense, communicating with the house buyer directly is another suggestion homeowners should consider. When on the search for the right house buyer, some sellers may encounter buyers that have no intention in scooping up the property themselves. Sometimes these potential buyers are in league with a network of investors; other times they’re sole intention is to market it to other buyers. No matter their goal, these house buyers can be a nuisance to homeowners needing to sell their house as is.

Homeowners can avoid this added headache by contacting the potential buyer directly. House buying companies offer one name when acquiring a property. That person is responsible for having the necessary funds available to purchase the property. They’re also the individual who can walk away without consequence if a deal falls through. To keep the worst case scenario from occurring, develop line of communication with the person buying your home. Ask the representative from the house buying company if they’re closing on your property themselves. Have them confirm they’re the actual buyer and not a substitute. When it comes to knowing how to sell a house as is, you want to work directly with the cash home buyer.

selling a house as is

Check Out the References

One of the most valuable suggestions homeowners should heed when choosing a house buying company is asking for references and testimonials. If they’re not easily located or readily available online, ask the company’s representative to send a few your way. No, you’re not inconveniencing the representative and it shouldn’t take relatively long. A professional house buying company will not object to verifying that their houses under contract close. If they won’t allow potential sellers to contact the title company they use, the company might have a poor approval rating. If they are unwilling or unable to send an inquiring homeowner references or testimonials, avoid them at all costs. This is a major red flag.

Established companies that treat clients with fairness and respect will have testimonials. Although these are highly biased assessments, the average testimonial will provide a general understanding of the business’s dealings, how transactions were completed, and overall success rate.  Don’t be afraid to ask; references and testimonials will provide insight sellers can’t afford to ignore.

Sell My House As Is

selling a house as is fast

Though selling a house as is can seem daunting, selling to a house buying company can be time and money saving. Utilizing a house buying business helps homeowners avoid buyer complaints after closing while receiving the best price for their property. If you’re overwhelmed by the plethora of companies out there, consider location, the direct buyer, and references and testimonials before choosing the company for you. Remember, not all “We Buy Houses” companies are created equal. Making an informed decision will give you the best house selling results.

Selling a House As Is FAST

www.sellmyhousefast702.com has made it very simple to sell your house fast and as is in Las Vegas. You can get a cash offer within 24 hours and close as soon as you if feasible for you. Find out how much we can pay for your house by calling us at 702-608-5755.

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Selling a Home for Cash in Las Vegas

Many Las Vegas homeowners are currently considering selling their home for cash to a home buyer. A healthy housing market and the overall economic recovery has created the ideal atmosphere to sell residential properties in 2016. Homeowners are seeking the assistance of real estate agents, third party professionals, and home buying companies to quickly sell their home for cash. But which method is the best for a seller? Who should you contact when selling a home for cash in Las Vegas?

When homeowners put their house on the market, whether with the aid of realtors or by themselves by declaring a For Sale By Owner (FSBO) status, they want to ensure they’re attracting the best buyers for their property. Potential buyers come in varying shapes and sizes: from individual buyers to investment companies and other businesses. Though the differences are stark between a single buyer and a company interested in your home, both buyers have the ability to offer cash to sellers. There are several advantages and few disadvantages to accepting a cash offer for your home, but having the knowledge to discern between a decent offer and great one will give you the freedom to make the right decision for property.

Benefits of Selling a Home For Cash

selling your home for cash

The Speed of Sale

There are several benefits of accepting to accept selling your home for cash; one of the most desirable advantages to homeowners is the speed of the sale. Typically, most cash home sales are completed within a month from the initial offer due to finance pre-approval. Companies and individual buyers with cash are able to accelerate the closing process to a mere seven days. Closing within a week is practically unheard of when selling on market or to buyers that need finance approval.

When you sell your house for cash, you’re effectively skipping the financing process most buyers must sift through prior to purchase. Communicating with a mortgage lender and acquiring a new loan prolongs the closing process by months. Within that time frame, homeowners are losing thousands on the continual payment of utilities, insurance, and possible mortgages. This time period is extended if the potential buyer is unsuccessful in obtaining a loan from one lender and must seek another. With pre-approved cash buyers, sellers needn’t worry about deals falling through or spending weeks waiting for lender approval.

Homeowners selling their house for cash also receive the added benefit of working with experienced buyers. This experience often shortens a property’s time on market in numerous ways. For one, experienced cash buyers will eliminate the homeowner’s need for a realtor by working with the seller directly. Finding a real estate agent and advertising your property can lead to months on the market before a potential buyer notices your property. When you’re willing to sell your home for cash however, cash buyers are already looking for you and, thus, reduce your home’s time on market. Experienced cash buyers also know the selling process and have a firm grasp on the legality involved. They often provide assistance to first-time home sellers by explaining the process in great detail. This assistance and knowledge can slash weeks off the selling process!

The Convenience of Sale

cash buyers when selling a home for cash

Another major advantage to utilizing the services offered by a cash buyer when selling is the convenience of the sale. The selling process can be especially complex when dealing with realtors. Even if you go the FSBO route, the buyer has the option of using a real estate agent. Although hiring a professional isn’t necessarily a bad idea, it’s one that costs time and money for both parties involved. It’s one of the many reasons why cash buyers avoid dealing with realtors.

If you’re looking to sell your home for cash, you often attract buyers willing to skip the contingencies often associated with selling with a real estate agent. These contingencies include asking for inspections, appraisals, or making major repairs to appease potential buyers. For older properties or fixer-uppers, this can consist of many costly cosmetic updates as well as home system replacements. Realtors, at the request of their clients, often make sellers perform these expensive actions before cementing a sale. However, cash buyers will buy dilapidated properties as is, ensuring a faster, more convenient sale.

Simplifying the Selling Process

Arguably the most beneficial component of selling your home for cash in Las Vegas is how simple the selling process becomes with the right cash buyer. As stated previously, cash buyers are typically experienced with buying properties needing major repairs. They’re also more experienced with closing quickly compared to the average realtor. This added expertise allows the closing to commence without the major difficulties sellers face with a traditional buyer.

Selling your property with cash buyers mean avoiding unnecessary complications. A lot of buyers experience buyer’s remorse after making pricey purchases. For home buyers, this can mean accusing the previous owner of concealing the poor condition of their home. Sometimes, buyers even fabricate an issue to nullify their home purchase. Remorse can manifest in different ways for buyers. But with cash buyers, homeowners can avoid this convoluted conundrum altogether.

Selling a Home For Cash Pitfalls

problems with selling a home for cash

Of course, selling a home for cash can have its pitfalls too. Some homeowners will not receive the full market value for their home. This isn’t the consequence of a company sending low ball offers, but more of a standard as-is price adjustment. Cash buyers often need to make those costly repairs homeowners can’t afford to make before selling. So a reasonable lower price for your property is to be expected.

Another disadvantage some homeowners experience when they attempt to sell their house for cash is a buyer being unable to provide proof of funds. If a buyer is unwilling or unable to show proof of funds, they may not be able to purchase your property in a timely manner. Often times, these buyers want to tie up your home to re-sell to other investors to make a better profit and are willing to keep your home off the market for extended periods of time. It’s better to avoid these cash buyers altogether if possible.

Even with the few disadvantages described, contacting a cash buyer is the best option when selling your home. The lack of major repairs, contingencies, and buyer’s remorse make up for possibly receiving a lower price for your property. Also, you can avoid the buyer’s lack of funds predicament by asking for proof of funds via a bank statement or general letter of approval. Sellers don’t have to be stuck paying for a home they no longer want by selling to a trusted cash buyer. With a speedier and more convenient process for sellers, homeowners are able to concentrate on moving without the anxiety of finding the right buyer.

Get a Cash Offer For Your House

selling your house fast

With all the added advantages to selling with a cash buyer, you may be wondering, “How do I sell my home for cash Las Vegas?” The answer is simple. Contact a reputable home buying agency. With one quick survey, you can be on the receiving end of a fair cash offer within the week! www.sellmyhousefast702.com is a trusted cash buyer with more than a decade experience buying homes while offering free selling advice to homeowners in need. If you’re interested in selling to a cash buyer, let us help make your selling process a fast, convenient, and simple experience today!

Selling a home for cash is definitely an option you should consider. Skip the real estate agent fees and hassles. Find out what you can get for your house. Call www.sellmyhousefast702.com at 702-608-5755.

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