I sold my home for cash to avoid foreclosure.
I originally moved to Texas to accept a job opportunity.
The considerable increase in income allowed me to buy my first house. Although I insisted on a home inspection, numerous problems arose after I’d moved in. I was suddenly faced with a leaking roof, clogged plumbing pipes, ruptured water heater and faulty HVAC system. There were issues with the electrical system, windows that leaked air and a pest infestation. Right when I was investing into repairs, the company I worked for closed its doors. There was no warning. I was suddenly out of work and without an income. I’d just recently drained my savings to cover the cost of a new heat pump and ductwork cleaning. I was still paying off an electrician and making a car payment. The insurance and utility bills began to add up. When I tripped and tumbled down the stairs, I ended up with hospitable bills. Plus, my injuries made it impossible to find another job. I fell behind on my mortgage payments and couldn’t catch up. I didn’t have the time to list the house with a real estate agent and hope for a buyer to come along. There was very little possibility of the house passing a home inspection or doing well with an appraisal. I doubted a potential buyer would be able to secure a bank loan. I needed money quickly. The ideal solution was a cash buyer. I searched around, read reviews and chose a company based out of Lewisville. They are a family-owned business that has been around for quite some time. They buy houses that would otherwise be very difficult to sell. From damage to bankruptcy and foreclosure, a cash sale is a straightforward, stress-free and speedy process. All I needed to do to get started was provide a bit of information via an online form. The company is made up of real estate investors and licensed Texas real estate agents. They analyzed comparable sales from the nearby area and established a fair price. I received a cash offer in less than twenty-four hours.
