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Buy My Louisville Kentucky House for Cash – 2 Questions To Ask

Buy My Louisville Kentucky House for Cash

Looking for a cash buyer for your Louisville Kentucky house? Ask yourself these 2 questions first…

If your Louisville, Kentucky house is facing a foreclosure, and you wish to avoid it… or if you just need to sell your Louisville house fast for another reason (you inherited a house, relocating and need to sell, lost your job, agent can’t sell your house, etc.)… then one of the best options that you can consider is thinking about finding someone to buy your Louisville Kentucky house for cash. Buy My Louisville Kentucky House For Cash.

By doing this, you will not only profit by improving your credit rating but also get extra money into your account. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time, and you can use the extra cash from your sale in other projects. However, you have to study the prevailing market conditions. That is, find out factors that are likely to influence the value of your home… before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating. Buy My Louisville Kentucky House For Cash.

Buy my Louisville Kentucky house for cash : The Plan

The first step that you need to take in order to sell your Louisville house fast to someone else with a “buy my Louisville Kentucky house for cash” mentality, is to come up with a game plan.

Your real estate agent should help you come up with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of such properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.

1. How fast do you need to sell? 

This is one of the most important first decisions you need to make… because this really dictates what options you really have. If you have more time… you have more options open to you.

If you have less time… your options are a bit fewer… but you still have great options out there. Buy My Louisville Kentucky House For Cash.

If you need to sell in less than 2 months (or even less time than that), you likely don’t have the time to list your house with an agent.  You’ll likely have to try to sell the house yourself (if you know how to) or sell your house to a local professional house buyer like Fast Cash House Buyers LLC  (or you can call us at (502) 631-9392 and we can make you a fast-fair all-cash offer on your Louisville area house).

2. How much do you need to sell your Louisville house for? 

Note that above it says “how much do you need” to sell for.  If you’d like to sell your house for full retail… but you have to sell your house fast and can’t afford to list it with a real estate agent… determine what you need to get out of your house sale.

That’ll help guide you to your true options for selling.

If the price you “need” to get doesn’t leave room for a real estate agents commission… you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like us… to see if that gets you closer to where you need to end up. Buy My Louisville Kentucky House For Cash.

On the flip side… if you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price… list your house on the MLS.  If you don’t have the time… consider talking to us for a fast cash offer on your house (we can make you an offer in less than 24 hours and close in as little as 7 days if you need to, with all cash).

3. Look into your options and take action! 

Like I mentioned above, if you’re looking for someone who can say “yes”! when you ask them to “buy my Louisville Kentucky house for cash”… the main things you need to determine yourself are:

  1. How fast you NEED to sell
  2. How much you NEED to get out of the sale

Once you know those… look at your options below as a quick guide to help you decide which options may work for you with your local Louisville house sale. Buy My Louisville Kentucky House For Cash.

  • Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale. If so, going with an agent will likely get you your highest price on your property.
  • Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Louisville house in as little as 7 days. We won’t be able to pay full-retail on your house… but we don’t charge any fees at all. What we offer you is what we pay you. If you value your time and a quick sale more than making a few extra bucks 6 months from now… call us today at (502) 631-9392 or click the link below to fill out our online fast offer form.
  • For Sale By Owner: If you can wait 3-6 months to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself. Buy My Louisville Kentucky House For Cash.
  • Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing foreclosure… your first step may be to talk to your bank to see if they have any mortgage relief programs.  Some banks offer assistance or can at least guide you in a direction to lessen the burden.

 

We can help you strategize how to sell your Louisville Kentucky house fast. Give us a call at (502) 631-9392 for help selling your house fast, or fill out our form to see if your property qualifies for a fast-fair all cash offer.

 

There are several reasons why you may be thinking “buy my Louisville Kentucky house for cash – please let it be that simple” (and it can be). Regardless of your reasons, you need to prepare your house for sale just as you would any other product. A thoughtful preparation WILL turn your home into an attractive option for buyers. Doing it this way, you can sell your house fast and get top dollars. Buy My Louisville Kentucky House For Cash.

 

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Cash for Homes in Louisville Buyers – Will I Get A Fair Price?

Cash for Homes In Louisville

Cash for Homes in Louisville Buyers – Will I Get A Fair Price?

Time and money are crucial factors when you are selling your home. If you need to sell your Louisville house fast… there are local professional home buying companies who pay cash for homes in Louisville Kentucky.

Let’s dive into how you can sell your local Louisville house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell. Cash for Homes in Louisville. We Buy Houses Cash

 

How Do Cash For Homes in Louisville Buyers Work?

Finding reputable local Louisville house buyers who pay cash for homes in Louisville can be a daunting task. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, [company], we buy local Louisville Kentucky houses fast).

And before you dive in below… if you’re not sure how the process of a cash buyer like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 buying your local Louisville house works… check out our “How it Works” page on this site and our FAQ. Cash for Homes in Louisville.

Price And Time Are Trade-Offs – Which Is More Important To You?

As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash.  To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to find you the best buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)… so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait?

Most often, local Louisville house buyers like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.

But we can close quickly (in as little as 7 days if you need us to)… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at (502) 631-9392.

We can make you a fast no-hassle offer in less than 24 hours.

We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do. Cash for Homes in Louisville.

How Much Work Do You Want To Put Into Making Your Louisville Kentucky House Sell?

Another big factor that local Louisville cash home buyers like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 can offer is we take 100% of all of the work and hassle to sell your house off of your hands.

We handle it all.

No, we’re not listing your house like an agent does. With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work. Cash for Homes in Louisville.

Especially if your house here in Louisville needs some work.

But, we offer cash for houses in Louisville Kentucky because we’re professional home buyers based locally here in Louisville.  If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… we’ll get it all created at a reputable neutral party closing agent in town of your choosing… or we can recommend the ones we’ve used for years. Cash House Buyer

Basically, we can make you a fair all cash offer on your Louisville house (or Call Us Today at (502) 631-9392!)… and if it’s a fit, great! We’ll handle everything.

Do Your Research And Trust Your Gut

Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.

There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.

We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you. Buying Houses Cash

When you’re ready to start the process of selling your Louisville Kentucky home for cash, fill out our form and we’ll help you get started.

Call Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 today at (502) 631-9392 for an immediate cash offer on your Louisville Kentucky house… or Submit The Fast Offer Form Here >>

 

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We Buy Houses In Louisville Companies – Are they credible?

We Buy Houses in Louisville Companies

We Buy Houses In Louisville Companies

If you’ve been driving around in Louisville, chances are you’ve seen some billboards advertising companies that buy houses.

Often times they say things like “We Buy Louisville Houses!” or “Cash For Your House”.

Are these “we buy houses in Louisville companies” credible?

How do I know if the local house buying companies out there are honest and credible?

Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.

Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.

There are people who are really great, ethical folks who improve their neighborhoods one property at a time.

And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.

Yes, they are out there.

We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.

But let’s not focus on the negative – at least not yet.

First, let’s cover exactly what the best house-flippers are doing.

What Reputable Louisville House Buyers Are Doing

  • Helping folks improve their lives by accessing the money they need right away. People often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind.
  • Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and month for a sale.
  • Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Louisville Kentucky.
  • Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
  • Increasing the value of Louisville neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Louisville.
  • Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure.  Again, improving our neighborhoods.

Pretty cool stuff, right?

Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring.

Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving parts.

So let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.

How To Ensure You’re Working With A Reputable Local House Buyer

When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.

Reputable House Buying Companies In Louisville

Reputable House Buying Companies In Louisville

Ask open-ended questions like:

  • How do you help your clients?
  • What do you do for people?
  • Can you tell me more about your services?
  • What aspect of your business makes you the most proud?
  • How would you describe your investment philosophy?
  • How can I know that you’ll close on my house when you say you will?

Second, look for tell tale signs of tactics that those few shady operators tend to use.

  • “Kitchen table closings” – If a property buyer tries to get you to sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be leery.  Most reputable house buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
  • Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision.  The reason reputable house buying services like ours at Fast Cash House Buyers, LLC do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule.  If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.

Most scammers are looking for a quick score, and not an in-depth interview.

Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.

True investors who run honest and ethical Louisville house buying services, however, are building long-term businesses based on relationships and community development.

So when you’re looking at one of the “we buy houses in Louisville companies“… never be afraid to ask questions!

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

 

Photo by John Sharin

 

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Understanding the Foreclosure Process in Kentucky

Understanding the Foreclosure Process in Kentucky

Understanding the Foreclosure Process in Kentucky

Understanding the foreclosure process in Kentucky is an important part of navigating your own home foreclosure.

Before we dive in…

What is foreclosure anyway?

Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments.

Foreclosure is no fun.  But just know that it’s not the end of the world.

When you know how foreclosure in Kentucky works… it arms you with the knowledge to make sure you navigate it well and come out the other end as well as possible.

The Basic Stages of A Foreclosure

There’s a few stages that are important to any foreclosure process.

Foreclosure works differently in different states around the country.

The two ways different states use to foreclose upon a property are: judicial sale or power of sale.

Connect with us by calling (502) 631-9392 or through our contact page to have us walk you through the specific foreclosure process here locally in Louisville.

In either scenario, foreclosure typically doesn’t go to court until 3-6 months of missed payments have elapsed. Usually (but not always), a lender will send out many notices that you are in arrears – overdue or behind in your payment.

Under Judicial Foreclosure:

  • Your mortgage lender must file suit in the court system.
  • You’ll get a letter from the court demanding payment.
  • Assuming the loan is valid, you’ll have 30 days to bring payment to court to avoid foreclosure (and sometimes that can be extended).
  • If you don’t pay during the payment period, a judgment will be entered and the lender can request the sale of your property – usually through an auction.
  • Once the property is sold, the sheriff serves an eviction notice and forces you to immediately vacate the property.

Under Power of Sale (or Non Judicial Foreclosure):

  • The mortgage lender serves you with papers demanding payment, and the courts are not required – although the process may be subject to judicial review.
  • After the established waiting period has elapsed, a deed of trust is drawn up and control of your property is transferred to a trustee.
  • The trustee can then sell your property for the lender at a public auction (notice must be given).

Anyone who has an interest in the property must be notified during either type of foreclosure.

For example, any contractors or banks with liens against a foreclosed property are entitled to collect from the proceedings of an auction.

What Happens After A Foreclosure Auction?

After a foreclosure is complete, the loan amount is paid off with the sale proceeds.

Sometimes, if the sale of the property at auction isn’t enough to pay off the loan, a deficiency judgment can be issued against the borrower.

A deficiency judgement is where the bank gets a judgement against you, the borrower, for the remaining funds owed to the bank on the loan amount after the foreclosure sale.

Foreclosure Auction

Some states limit the amount owed in a deficiency judgment to the fair value of the property at the time of sale, while other states will allow the full loan amount to be assessed against the borrower.

Here’s a great resource that lists the state by state deficiency judgement laws, since every state is different.

Generally, it’s best to avoid a foreclosure auction. Instead, call up the bank, or work with a reputable real estate firm like us at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 to help you negotiate discounts off the amount owed to avoid having to carry out a foreclosure.

Experienced investors can help you by negotiating directly with banks to lower the amount you owe in a sale – or even eliminate it, even if your home is worth less than you owe.

If you need to sell a property near Louisville, we can help you.

We buy houses in Louisville Kentucky like yours from people who need to sell fast.

Give us a call anytime (502) 631-9392 or
fill out the form on this website today! >>

 

Other Foreclosure Resources For Louisville Kentucky HomeOwners:

 

Photo by peternamara1

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