We Buy Houses In Columbus Ohio. If you are behind on your mortgage, you might be thinking about what to do to avoid the foreclosure of your Columbus OH house. We are homebuyers in Ohio and we can help with these tips!
Negotiate With The Bank In Columbus OH
When you have missed a few payments your first step might be to call your lender and discuss your available options. After all, they want to see the return on their investment, they don’t benefit when you default on your loan. Often times you will be able to negotiate a repayment plan to get caught up on what you own. Before you pack your bags and sneak out in the middle of the night, call your lender, you might be surprised at what they will do to work with you.
Short Sale In Ohio
A short sale occurs when the lender agrees to sell the house for less than what is currently owed on it. This happens if a home is purchased at a high price, only to lose value over time. If the owner gets behind on payments, they might find themselves in a place where they owe more than the home is worth. Lenders will often agree to a short sale when they see this as a means of recouping most of their costs, while not having to deal with the foreclosure process. When a sale amount is agreed upon with the lender and a buyer comes through, the mortgage lender will consider the loan paid in full.
Sell Your Columbus OH House
Maybe you simply want to put an end to a difficult situation. The house may no longer be affordable for you, and that is ok! Things change whether it be a job loss, people moving in or out, an illness, a new addition, education costs and so much more. There are all kinds of things that happen in life that might change your ability to pay back your loan. There is no shame in this, however, you should work on finding a solution that works!
If you decide to sell your house in the traditional sense, without negotiating a short sale with the lender, there are two main ways you can go. The first would be to put your home on the MLS with a Columbus OH agent. The second would be to sell your home directly to a private buyer in a short amount of time without any additional costs to you.
Listing Your Columbus OH House
Depending on where you stand financially, this may or may not be a wise option. Listing your Columbus OH house can take months, and if your agent isn’t working with the urgency they should be, you might find yourself losing your home to the bank because your agent wasn’t able to find a buyer in time. In addition, you will have to deal without of pocket costs that may be difficult to pay if you are struggling financially. If your mortgage is behind, it is highly likely that you haven’t been able to keep up with the maintenance on the home either. For a listing to be successful, you will need to get the house into the best shape you can.
Selling Directly In Ohio
A direct sale is a preferred choice for many people who are facing foreclosure. Not all buyers are the same. When you choose to sell your Columbus OH home to Homesmith, you can rest assured you will receive a fair price and a fast closing. We understand that difficult financial situations can happen to anyone at any time. We have all been there, there is no shame in it! Let us help you with a fast and fair sell of your Columbus OH house!
Sell My House In Columbus OH
If you think you need to sell your house in Ohio fast, call us. We are your local Columbus OH home buyers and we offer cash for houses in Ohio. We are always here to help walk you go through your foreclosure. Just reach out to us or fill out the form on this website so we can quickly look at your situation and make you a fast-fair cash offer on your Columbus OH house.
Are you ready to sell a Columbus OH property? We can help! Send us a message or give us a call today! (614) 401-3651
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Foreclosure Auction Location in Franklin County: https://www.homesmith.com/locations/franklin-county-courthouse-foreclosure-auction-location-columbus-oh/