Real Estate Archives - ABQ Property Buyer

Aug 30 2017

How to Sell Your House Fast When You Are Going Through Foreclosure

Are you currently facing a foreclosure? Not sure how to sell your home fast for cash before your home is auctioned off? In this article, we will show you how to sell your house fast when you are going through foreclosure

Regardless of popular opinion you CAN sell your home when facing an impending foreclosure. The first thing you need to do is layout what options you have.

You can sell your house by:

Selling with an agent – This process can take a little longer since you will have to find a buyer who is willing to take on the debt of the home. This can be a very tough process when you need to sell fast. Since you are facing foreclosure, you may need to lower the fees and closing costs in order to find a likely buyer.
Selling your home yourself – You can save money on expensive realtor commissions by selling your home yourself. Now this may take a little bit longer and if time is of the essence, this might not be the best option for you.
Selling your home to real estate investors – Finding a real estate investor who will pay you cash for your home is one of the fastest and easiest ways to sell your home when facing a foreclosure.

You are probably going to want to take time to think about these options before making a decision. Selling your home isn’t something that you want to make a rash decision on. Below we will go into further detail of each of your options so you can make the best choice.

Finding An Agent To Sell Your Home Fast

Ok, so you have most likely talked to your family and friends by now about your current predicament. More than likely, someone, or multiple people have told you that you need to find an agent now.

How do you know what agent will get you the best deal? There are many agents who are willing to work with people for a lower commision. The main thing you need to consider, is that your home can still be foreclosed on while trying to sell your home. If you decide to go this route, you need to speak to several agents in your area before working with a particular one.

Selling Your Home Yourself

If you decide to forgo finding an agent and want to sell your home yourself, you need to speak with your lender. Make sure that your lender will agree to a short sale. A short sale is an agreement between you and the lender. The lender will agree to having the mortgage paid off for a smaller amount than owed, oppose to going through the pain of a foreclosure process.

Now that your lender has agreed to a short sale before foreclosure auction, how do you find the buyers? One of the best ways to go about finding buyers is posting a listing in your local newspaper. Many papers have sections that allow you to list your home for little to no charge.

You can also use sites such as Zillow and Trulia to sell your home. I have known some friends to advertise their home on craigslist as well.

Just like when you get an agent to sell your home, you need to understand that this does not stop the foreclosure process from happening. Yes, even though your lender agrees to a short sale, the bank may still decide to foreclose on your home.

Selling Your Home To A Property Buyer

Real estate investors are by far the best options for making a fast sale on your house prior to foreclosure. ABQ Property Buyers are specialized in buying homes they need to be sold quickly. We have been in the Albuquerque, NM area for over three years now and have helped many families that have been in similar situations as yourself.

By now, I hope you will be able to make an educated decision on how to sell your house fast when you are going through foreclosure. If you need any help at all, contact ABQ Property Buyers today for an appointment with our experienced staff. We are to help you get cash for your home fast.

Aug 23 2017

5 Reasons We Buy Old Houses

I want you to imagine that you just found a new home for sale. The house is the most beautiful dream home you could ever imagine buying, but there’s one problem…

The new home is way out of your price range. You know that this home is exactly what your family deserves. Your husband or wife has worked hard to provide for your family and you know that you deserve more.

How can you get the home that your family is owed? You can always sell your current home, and you’ve tried, but nobody wants to buy it.

You’ve tried finding realtors or maybe you are thinking of finding a realtor to sell your home and have had no luck. Do you give up? Do you try to sell your home yourself on popular sites like realtor.com or Zillow?

At ABQ Property Buyers, we take the worry out of selling your older home. How can we help you? We buy old houses regardless of their age. We are also always looking for old fixer upper houses for sale. If you need to sell your home quick and without the hassle of finding a realtor, we will buy your old home for you. Giving you the opportunity and funds to purchase that brand new home you so desire.

Why We Prefer Older Homes

Albuquerque is home to some of the most beautiful single family houses and commercial properties. Here at ABQ Property Buyers we know how tough it can be to find a buyer for your residential home. Instead of spending months or even years trying to sell your property, we like to make things simple. We buy houses in any condition.

After all, your time is valuable. If you wish to secure a new property, it may not be on the market long. That is why you have to move quick. Waiting for someone to make an offer on your old house just isn’t feasible.

There are 5 main reasons we love to help homeowners just like you, sell your property:

We have been in the ABQ for over 3 years now and care about our growing community.
You deserve to have your house bought, this is something that can be done in 7 days when working with us!
There are many families in Albuquerque who are looking to purchase a home that have trouble finding properties. We want to help!
Home repairs can be a burden for most families. If your older home needs replacements or repairs, this is something we can do. Lifting the burden from your family.
We are always looking for any chance to help growing families like yours get into a new home that meets your needs.

How Long Does It Take To Sell Your Older Property?

When you reach out to us about your property, we will set up an appointment fairly quickly to view your home. Once we have been able to look inside your house, next we just need to review the title. Regardless of how old your home is or what state the property is in, we can usually make a cash offer within 7 days.

When we say we buy old houses we mean it. It doesn’t matter if there is damage or not, we can still make an assessment and provide you with a cash offer. Even if you think your home is ugly, we buy ugly houses.

Just imagine being able to tell your spouse that you can finally afford to get your new dream home. Regardless of your need to sell your old home, we have a solution for you. Think about what kind of freedom selling your house will bring.

Why You Should Sell Your House Now

Do you really want to spend thousands of dollars fixing up your house? Once you fixed up any damages or issues with the property, you have to get your house listed. Getting listed will take time. You need to find a realtor who will help you to list your house. Do you want to spend months waiting for someone to make an offer?

Let us take the burden off of you. At ABQ Property Buyers, we buy old houses, we take away the burden of property repairs, there is no need to get your house listed, no need to find a realtor, and more importantly, we give you back time to focus on what matters most to you.

If you are looking to sell your old house, we would love to help you out. Fill out our contact form or give us a call today so we can assist you!

Jul 26 2017

“We Pay Cash for Houses”: The Advantages of Selling to Companies That Buy Homes in Cash

There are several reasons why you may want to sell your home to quick cash buyers.

It may be relocation to another state, debt consolidation or a medical emergency. This is when you starting looking for “we pay cash for houses” advertisements by real estate companies and other investors, and this can be the perfect solution for you.

Presented here are the advantages of transacting with and selling your old home to “we pay cash for houses” companies can yield.

The Benefits of Selling To “We Pay Cash for Houses” Real Estate Companies and Investors

Sell Your Home as Is in Its Existing Shape and Condition.

Whether your house for sale is well-maintained, sturdy and resilient or it is already at its worst condition after years of wear and tear, poor maintenance or neglect of the residential property, you can still benefit a great deal from selling to “we pay cash for houses” real estate companies and investors.

There will be no need to worry about spending on renovations and repairs because serious “we pay cash for houses” home buyers and investors will buy your old home as it stands.

At times, it is even homes that are a complete wreck which “we pay cash for houses” buyers are exactly looking for.

The Sales Transaction With “We Pay Cash for Houses” Buyers Will Be Much Faster Than Having a Third Party Mediate Between You and the Home Buyer.

There will be no need for you to spend on professional fees and other charges for the services of a real estate broker and agent. You do not have to endure the taxing and demanding procedures of traditional house selling.

Transacting with “we pay cash for houses” buyers will make the process and the deal much easier and hassle-free for you.

You Can Avoid the Risks of Issues Which May Arise During the Transaction Process or Especially During Closing.

Even with the aid of a real estate broker, your confirmed homebuyer may still leave you hanging and back out toward the end of the transaction when the closing is nearing.

You can alleviate these risks if you choose to sell to “we pay cash for houses” investors. Because of the speed and ease of selling your house to quick cash buyers, you will eliminate the common problem of losing a buyer along the way of the sales transaction for no valid or apparent reason from the confirmed buyer.

Upon cash payment by your direct home buyer, there will no longer be any chances of backing out of the deal at the last minute.

You Will Save So Much on Extra Expenses.

Aside from sparing yourself the high fees and commissions of a real estate agent, you will not have to spend on marketing your house. You will also avoid spending for home repairs and renovations before finally disposing of the residential property.

Ultimately, selling your property to “we pay cash for houses” investors will be a great option for you if you want quick selling and closing.

Jun 29 2017

The “We Buy Houses” Scams You Never Want to Be a Victim Of

You may want to sell your house fast for money to easy and instant cash home buyers for several different and personal individual reasons. It may be relocation due to employment demands, a way for you to consolidate debt, a change in civil status, or wanting to rid yourself of the responsibilities for an inherited residential property.

However, this urgency to sell your old home can also be taken advantage of by scammers who wish for easy profits via illegal and criminal methods. You will not want to give these opportunists any chances of living off of money obtained at your expense.

You will never want to find yourself homeless and indebted for having believed sham investors presenting themselves as serious home buyers in cash, and with no way to chase after them in the end.

Here are the two most common methods of we buy houses scams which you will want to avoid and never fall victim to.

We Buy Houses Scams #1: The Contract “Bait and Switch” Scheme

In the contract bait and switch scheme, the pretend home buyer will earn your trust and anchor on this gained trust in which the scammer masquerades as a qualified investor and will base the plot on making a deal with you through presenting you with a contract.

Since you believe you have created a bond between the two of you built on mutual trust, you find yourself signing a contract with a stranger without thoroughly checking out the document you are signing.

Prior to this, what happens is a purported home buyer will ask to schedule a visit to check out the house which you are trying to sell fast for cash. The con artist will act interested in buying your property and convince you he will indeed make the purchase so you will not have to list it and offer it to someone else.

The two of you will then enter into a verbal agreement with regards to the impending purchase. The pretend home buyer will return with a contract in hand which will be the formal and legal version of what you previously agreed upon.

Being trustful of the supposed buyer, plus the idea of the fast house sale for fast cash is too appealing to resist, you sign the said contract without even taking the time to review it.

What happens next is yet another contract signing which will be presented to and asked of you by the same person. The scammer will claim the new contract which you will need to sign just has a few very minor changes on it. As with the previous scenario, you just sign without reading the supposed formal and legal agreement between you.

Thereafter, most likely during the closing, you will find out you just lost your home due to the second contract you signed, which had little to do with the initial verbal agreement. There lies the contract bait and switch scheme.

Perhaps you will invest efforts to get back what you owned, and so you find yourself in a legal dispute fighting for the residential property which you unknowingly signed away.

We Buy Houses Scams #2: The Liberian “For Sale by Owner” (FSBO) Scam

In the Liberian FSBO scam, you will be contacted by a person from outside the country who allegedly saw your house for sale advertisement on the internet. The person will tell you about the scammer’s impending migration to the United States and the intentions of paying for your house in full cash.

Armed with a convincing story, the con artist will get you to wire him or her money to wherever the location may be. The scammer will tell you the money will be some kind of bond between you. There is also the scammer’s way to appeal to emotions in which you will end up wanting to help in the planned migration to the U.S.

It may also be that you will be too trusting, by handing your bank account details to the person and before you know it, the person has already emptied your account. This particular scam is quite active right now.

Avoid these we buy houses scams. Protect yourself from fake home buyers who are after getting money from you through shady methods and choose to work only with a buyer after you have done your research on the person and have enough proof the buyer is a legitimate investor.

An internet search will reveal a plethora of results detailing the current scams in play. And remember, any deal which sounds too good to be true, usually is.

May 15 2017

How Does We Buy Houses for Cash Work For You?

How Do We Buy Houses For Cash Plans Work?

You might be needing to sell you house for cash as soon as possible, due to urgent financial needs. You checked on the internet on how to sell your home for cash quickly. Apparently, you have stumbled upon We Buy Houses companies and have read that they can buy and pay for your house fast.

What are these companies? How does we buy houses for cash work in your benefit?

To dispel these questions of yours, we discuss in this article what real estate buying companies are and how they can purchase homes quickly.

What are Home for Cash Buyers?

Home for Cash companies are buyers who offer people selling their homes cash in exchange for the property so they can be sold and get the full amount of payment immediately.

A home for cash buyer usually buys homes even if they are not in perfect condition and even when needed repairs for the house were not done. This gives more convenience and ease to people who need to sell their homes for cash.

We Buy Houses companies, too, are registered businesses, which means that even if there are no real estate brokers as middlemen in the transaction, the buying and selling process is still legal. Beware, though, of scams, as they can be anywhere. You can check the credibility of the company by researching on the internet and reading previous customer reviews.

How does we buy houses for cash work and how do they get your house sold in no time? Check out below and find out why these buyers make your selling easier and more convenient.

How Does We Buy Houses For Cash Work?

1. Fill out the Property Details on a Form

You may visit their office and fill out the form which asks for your personal data, property location, and details, and other information needed to buy your house. For more convenience, you may also just want to visit their website, fill in, and submit the form online.

2. Buyer Arranges Schedule for Home Checking

Once the company receives your form, they will review the information and contact you to schedule a meeting and check your house for sale personally. This will help them give a cost estimate of the value of your home.

3. Buyer Gives You a No-Obligation Offer for Cash

Sell your House for Cash companies buy even ugly and damaged houses, but don’t expect a really high value.

After assessing the overall condition of your house, the Home for Cash buyer offers you a no-obligation cash offer.

This means that you are not obliged to take their offer if you are not satisfied with it, and you don’t have to pay any commission.

4. Buyer Purchases Your House

If you agree on their offer, you will be able to sell your house for cash. The Home for Cash buyer will purchase your home for sale, and will be the one to arrange the papers and needed documents for you. No real estate brokers needed; no other commissions to be paid. The total amount of the profit is all yours.

Sell Your House for Cash Today

Look for legal clarification and the best Home for Cash buyers in your area to avoid being scammed. Sell your house fast for cash and take care of the urgent expenses that you need to pay.