Families We've Helped Nationwide
Did you receive a notice of default? Stop your foreclosure. Sell it now!
You may be able to stop your foreclosure and get back equity in your home if you sell to us whether the bank is foreclosing on your home, you're behind on payments, or in pre-foreclosure.
There may still be time to sell your house and avoid the financial setbacks that come with foreclosure. Contact us right now! Every day counts! Our local property specialist will visit your house and can make you a cash offer to buy your home exactly “as-is” – you won’t need to do any repairs or clean-ups.
Has your home increased in value compared to your mortgage? Our offer may be able to cover your debts, pay back your lender and stop the pre-foreclosure, or foreclosure process. If you still own your home, it may not be too late to stop your foreclosure!
There are a few options to stop a foreclosure in Connecticut. You can attempt the following strategies to avoid losing your home.
Loan Modification
If your lender is willing to work with you they may modify your loan. However sometimes what starts as a loan modification ends in foreclosure.
Short Sale
This can be a last effort to sell your home before foreclosure. A short sale is selling your house for less than what is owed on your property. This doesn’t always work and is a very lengthy process that often still results in foreclosure.
Bankruptcy
Filing for bankruptcy is one way to avoid foreclosure, however most bankruptcies homeowners still lose their home. Although a bankruptcy will help to remove your other debt obligations, it has a more devastating effect on your life. Ultimately, a bankruptcy still results in the loss of your house.
Mortgage Refinancing
If you have enough equity in your home, you may be able to refinance to a longer term with lower payments. However, if you are in pre-foreclosure your credit will be damaged and you may not approved by lenders for a mortgage refinance.
Selling Your House
Many homeowners facing foreclosure put their house on the market in hopes of selling it before losing their home completely. This can work if your house is in a high demand market and is ready to sell. However, many homeowners in financial distress find themselves in a situation where they can’t afford the repairs needed to get their home ready to sell. They also have the issue with the time to wait for potential buyers to make an offer and get to closing.
When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.
You never plan financial struggles but sometimes they just happen. Money issues are especially traumatic when you’re facing foreclosure. You’re drawn into a legal battle you never anticipated. You must find a new home and relocate your family before everything hits the fan. These problems can seem insurmountable when your funds are limited. If you’re facing foreclosure, CT Cash for Casas will pay cash for your home. When we buy your home you gain a cash cushion that can give you control over the foreclosure process. We can complete the transaction fast before the courts finalize the legal procedures. Selling your home for cash can prevent a foreclosure from completely destroying your credit history.
You Shouldn’t Have to Walk Away With No Cash
We understand that it’s difficult to simply walk away from a home you love. Unfortunately, when you’re facing a foreclosure, leaving is often inevitable. When the mortgage company completes the foreclosure process, homeowners often leave without any cash to show for their investment. We designed our Fast & Fair home-buying process to help you avoid the complete financial devastation a foreclosure usually causes.
Evaluate
We evaluate your home and make an offer.
If you accept our offer, we arrange a closing.
We put cash in your hands in as few as 7 days.
Questions About The Process
When you’re facing foreclosure you can handle your home sale however you choose but remember the clock is ticking. Unfortunately, a traditional real estate transaction often takes more time than you can afford.
When you’re facing foreclosure, these complications often take more time and money than you have.
Home prices are increasing across the country. In many real estate markets, selling your pre-foreclosure home is a viable option and a smart move to capture increased equity in your home.
If you’re still in mortgage forbearance or pre-foreclosure, you may still have time to act.
We may be able to avoid a short sale and buy your house without worrying about getting short sale approval from the lender. In some situations, you may be able to put cash back into your pocket while avoiding foreclosure.
Our local home buyers can talk you through our offer process. Together, you’ll determine whether we can purchase your home and help pay off your debts before the bank acts.
Contact our local property buyers and ask about your specific situation. It may be difficult to buy your home if your home value is lower than your mortgage. Still, many markets are seeing skyrocketing home values. A higher value may close the gap between your equity and debt.
Yes, it is possible. If you sell your home to us, you can ask your lender to report the debt to credit bureaus as “paid in full.” This option does not affect your credit like a full foreclosure.
The longer you stay in forbearance and miss payments, the more problems you will have with your credit. If you are unable to catch up your payments, generally the sooner you are able to sell your house, the more you can protect your current and future credit score.
If you are unable to catch up your payments, generally the sooner you are able to sell your house, the more you can protect your current and future credit score. If you are behind on your mortgage payments, don’t wait! Contact us now and our local home buyers can help you understand your options before it is too late.
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