Tag Archives | sell-house-fast-louisville

What is a Pre-Foreclosure in Louisville?

What is a Pre-Foreclosure in Louisville

What is a Pre-Foreclosure in Louisville?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process.

So what is a pre-foreclosure in Louisville anyway?

Many homeowners across America and Louisville are facing difficulties making their monthly mortgage payments.

When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying the homeowner to pay or lose their home. This period is known as “pre-foreclosure.”

Banks and mortgage lenders typically provide three months for the homeowner to become current.  Of course this number can vary by bank and situation sometimes.

If a homeowner fails to make the necessary payments, the bank will foreclose on the home, assuming ownership, and evict the homeowner. Thankfully, during this stage of the foreclosure process, a mortgage holder has the opportunity to take advantage of several options to prevent losing their home. What is a Pre-Foreclosure in Louisville.

Pre-foreclosure Options for Borrowers

If you’re behind on mortgage payments, you’re likely to receive a “notice of default” from your mortgage lender.

This document will state that you have not made mortgage payments for the last 90-180 days. It’s important not to panic.

You have options that can delay or even prevent losing your home:

  • If your mortgage is “above water,” (meaning you have equity in your house) you may be able to refinance your mortgage, receiving lower monthly payments.  Check with your local Louisville mortgage broker… or contact us and we can connect you with a reputable one.
  • You may be able to quickly sell your home to a real estate investor that’s reputable in Louisville like us at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, using the cash acquired to pay the months of back-payments owed (or we *may* be able to work out something with the lender that relieves all or part of your back payments.We can buy your Louisville Kentucky area home quickly, often in just a week or two, will pay in cash, and takes the stress out of trying to find a buyer.
  • You can contact the bank and ask them to permit a short sale. In a short sale, you’ll sell your home for less than it’s worth, and the bank will take the loss as a tax write-off.  In some short sales you may still be required to pay the difference to the bank if the house doesn’t sell for what is owed on the loan.
  • You may be able to declare bankruptcy, which can buy you time to pay your debt. Bankruptcy will remain on your credit report for years, and can cause significant damage.

Lenders are very much aware of the widespread financial troubles across the country and they’re willing to work with borrowers a lot of the time. What is a Pre-Foreclosure in Louisville.

If you’re honest and communicate with your lender, you’ll often find that there are options that will allow you to remain in your home, or at least salvage your credit rating. What is a Pre-Foreclosure in Louisville.

A foreclosure can often negatively affect your credit score by 200-400 points and can prevent you from obtaining a loan of any sort for 5-7 years, so be very dutiful if you’ve received a Notice of Default from your lender.

But if you’re not able to find a solution with your lender working directly with them… connect with us. We may be able to help. What is a Pre-Foreclosure in Louisville.

Ways We Can Help If You’re In Pre-Foreclosure

  • We can potentially help with a short sale – Submit your info on this website so we can evaluate your situation to see if we can help.
  • We can buy your Louisville area houseWe buy houses in Louisville and would love to make you an all-cash offer on your house too. Just fill out the form here to get started >>
  • You can ask us questions and we can provide you FREE guidance and resources so you can make a well educated decision. This costs you nothing, there’s absolutely no pressure, no obligation… just free guidance without a catch.

If you’re in the pre-foreclosure stage… you’ve still got time to fix this situation.

Just connect with your bank to see if they’re willing to work with you… or contact us if you’d like to see what we can buy your house for or to tap into our free foreclosure resources. What is a Pre-Foreclosure in Louisville.

Want To Discuss Your Pre-Foreclosure Options? Call Us at (502) 221-3832
Or, Submit Your Info Here To Get A Cash Offer On Your House >>

 

Photo by John Johnson

Comments { 0 }

How to Avoid Foreclosure in Louisville

How to Avoid Foreclosure in Louisville

How to Avoid Foreclosure in Louisville?

While the housing market is rebounding, many people in Louisville, Kentucky are still struggling to make their mortgage payments.

If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.

Thankfully, there are a number of things that you can do to avoid foreclosure in Louisville. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.

So lets dive in on a couple quick tips on possibly how to avoid foreclosure in Louisville with your home.

The Keys of How To Avoid Foreclosure in Louisville Don’t Abandon Ship

Many people simply give up and walk away from their home. There are even areas of Louisville have begun to resemble ghost towns, as the economy has impacted residents significantly.

Detroit is a prime example of what can happen when people abandon their homes.

This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.

While it’s extremely stressful, you do have options:

Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Louisville are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.

Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.

We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Louisville are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.

We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you. We Buy Houses In Foreclosure. We Buy Houses Louisville.

Give us a call anytime at (502) 221-3832 or
fill out the form on this website today! >>

 

Photo by abqbizlaw

Comments { 0 }

Foreclosure Effects in Louisville Kentucky – What Sellers Need to Know

Foreclosure Effects In Louisville

Foreclosure Effects in Louisville Kentucky

Foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. Today we are going to look at the foreclosures effects in Louisville Kentucky and what local house sellers need to know. First we will look at the effects and the ways of easing them.

Foreclosure Effects in Louisville KY to Sellers

  • Loss of your home – Pretty self-explanatory here. The major end result of a foreclosure in Kentucky is of course the loss of the home to the bank.
  • Decrease in Your Credit RatingYour credit rating will be lowered by the foreclosure. How much? It depends on how high your current credit score is… but the higher your current credit score… the more your score will drop after a foreclosure. If you have a credit score of 680 or higher… you may see a drop of 100+ points.
  • Depression and Stress – Your mental health is at stake because of the high pressure situation. Going through a foreclosure is emotionally exhausting and frustrating to say the least.
  • House Values In Your Community – Another one of the big foreclosure effects in Louisville Kentucky is that they tend to lower the overall value of the houses in your neighborhood… especially if there are multiple foreclosures in the immediate area.

How You Can Ease The Effects Of Foreclosure In Louisville

Foreclosure Effects In Louisville KYFor the well being of you and your family, you need to mitigate the effects of foreclosure as much as you can. The process can be frustrating and time consuming, but there are people who can help you navigate your different options in the process.

First…

  1. Call your bank and work with them:  Most banks are very willing and ready to work with you… if you can show that with their help you can get back on track and save your house.  Or, if you just want out of the house but you owe more on the house than it’s worth… see if the bank has any programs to lower the mortgage burden so you can get out from underneath it without it going through an expensive foreclosure.
  2. Talk with a local real estate expert, like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392: We know the local Louisville real estate market well and are very experienced in the foreclosure process here in Kentucky.  Give us a call at (502) 221-3832 and we can guide you toward the resources that can possibly help you.
  3. Sell your house: If you’d rather find a way to sell your house and avoid the foreclosure all together, great! We buy local Louisville houses for cash… and would love to look at your situation and make you a fair all-cash offer on your house.  Just call us at (502) 221-3832 or shoot us your details through this website

With the above knowledge on foreclosure effects in Louisville – what sellers need to know, you can guard yourself by calling Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 and we shall assist you in the shortest time possible to sell your house. However, to fast track the process, kindly fill out our website contact form to give us more information about you. We’d love to connect with you and help you find the best solution!

Who Are the Cash House Buyers in Louisville Kentucky?

who are the cash for houses in Louisville

Who Are the Cash House Buyers in Louisville Kentucky?

You’ve seen the “we buy houses in Louisville” and “cash for houses” signs all around town when you’re driving around… even in other cities across Kentucky… so who are these cash house buyers in Louisville Kentucky?  Are they legit? How does it work?  Who should I trust?

We’ll dive into these questions here in this article… and don’t be afraid if you have other questions to hit us up on our Contact page or comment at the bottom of this article anytime as well!

Selling Fast: Who Are The Cash House Buyers in Louisville Kentucky?

Selling your home in today’s real estate market, isn’t always the easiest thing to do.

If you need to sell fast due to divorce, job loss, pressures of relocation, or any other of life’s tribulations, this process can be especially formidable.

Luckily, there are ways for you as a local Louisville house seller to win! Selling to a cash house buyer can get you the cash that you need fast, while also taking your property off your hands so you can move on with your life.

Usually it will also relieve any pressures of repairs so you can sell your Louisville Kentucky home as-is. Selling your house to the perfect cash buyer can be a quick and easy process.

First ask yourself, Who are the cash house buyers in Louisville Kentucky?

Cash buyers will usually be investors (some locally based, like us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392… and some based out of town) whose goal is to create win-win situations and help homeowners like yourself.

Quick Tips to Remember When Looking For A Reputable Local Louisville Cash House Buyer

  • Price it right
  • Be honest
  • Be flexible

Price it right – When selling to a cash house buyer in Louisville, keep in mind that they’re buying with cash, instead of using bank financing… and they can close very quickly.  We can buy your house in as little as 7 days from today if you wanted to sell that quickly… rather than waiting 30 days to 9 months to sell your house the traditional “listing agent” route. This means that a professional house buyer won’t be able to pay as much as a retail buyer (someone living in the house) would.

This also means that you’re getting a quick/ hassle free sale and cash in your pocket so you can move on with your life! Check out this article on pricing your home to sell.  So don’t go into the process with expectations of getting the same price on a quick cash sale that closes in a matter of days or weeks that you’d get with an agent listing your house to find the ideal retail buyer for months and months and months.

Also consider in your pricing the fact that local cash home buyers like us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 don’t charge any fees or commissions.  So consider that a savings right there!

Be honest – Always tell the truth when giving descriptions of repairs and values. An experienced cash buyer will do their homework, so tarnishing a relationship and potentially hindering a sale in the name of saving a few bucks, is never worth it. Just be honest with your buyer and they will work with you.

Be flexible – Cash house buyers in Louisville can often come up with creative solutions to your problems. Be flexible, and willing to share and listen to make the best of your situation.

Cash House Buyers in Louisville KentuckySometimes after talking to many local Louisville area house sellers we’ll find out that there are other options that make a lot more sense for them… rather than us buying their house. So, be flexible coming in and we’ll let you know what we feel are the best options for your situation. If it means us buying your house in a win-win transaction… great!  If it means you selling your house another way (or even finding a way to stay in your house)… great! We Buy Houses Louisville.

All we care is that you’re taken care of in the process. That’s how we win so many long-term fans of Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 who end up referring their friends and family our way when they need to sell their Louisville area houses fast too.

The bottom line is, regardless of how daunting the task of selling your home may appear, sometimes all it takes is finding out who are the best cash house buyers in Louisville Kentucky. We Buy Houses Louisville.

Start Here: If you need to sell your Louisville Kentucky area house fast, give us a call at (502) 221-3832 OR fill out this simple Fast Cash Offer Form >>

Cash for Houses Louisville KY – How to Sell your Kentucky House for Fast Cash

sell your louisville ky house fast cash

Need to sell your local Louisville KY house fast for cash? Explore your options below…

Yes, Local house sellers are still getting cash for houses Louisville KY even in this real estate market.  Years back, selling a Louisville house for cash was quite easy and fun.

All you had to do was hang a “For Sale” tag on your front yard and wait for potential buyers to call you… and sometimes you’d get 5 above asking price offers before dinner time.

However, in today’s tough economy, coupled with an unstable (but stabilizing) housing market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling houses fast in some parts of the local market.

Throughout the country, more and more homeowners are seeking to sell their homes fast thus creating stiff competition in the market.

However, if you are trying to figure out how to you can get cash for houses in Louisville, KY then you should not lose hope, especially if you know what you can control; and there is a lot that you can control.

Here are a few tips that can help you sell your Louisville Kentucky house for cash in the shortest time possible…

Getting Cash For Houses in The Louisville Kentucky Area

There are a few viable options when you’re selling your Louisville KY house for cash in today’s market… and I’ll walk through some options here in this article. Hopefully by the time you get to the bottom of this article you’ll have a pretty darn clear picture for the options you can go after to sell your house fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months.

Do not be carried away with emotions

When you are trying to sell your Louisville house fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the house, it is quite easy to succumb to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to the task at hand.

Know your competition here in Louisville and your neighborhood

While trying to sell their Kentucky houses fast, most homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some house sellers can wait the 3-6 months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately.

So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell.  If you can’t wait that long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your house quickly?

As such, potential buyers will be doing a thorough research in order to find the best house that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively.

Objectively asses your situation and property

It is important that you establish whether your house can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your house before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).

However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392. We buy Louisville houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all.

Give us a call at (502) 221-3832 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.

Get the pricing right

Cash For Houses LouisvilleMost local Louisville, KY home sellers fail to sell their houses fast because they are asking for too much.

Be sure to talk with an experienced real estate agent in order to give your house the right valuation so you know what you may be able to sell it for if you list it with an agent.  If you can wait the 3-6 months to sell to a full priced buyer… awesome! Price it high and see what you can get!

If you have to sell your house fast… you’ll need to price your house more attractively and be willing to negotiate on price.

There are several reasons why you may want to get cash for houses in Louisville. It could be due to a pending foreclosure, a recent divorce or death in the family or the need to downsize to save money. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.

we pay cash for houses in Louisville KentuckyWant to learn more quick home selling tips? Click here. Better still, call us today at (502) 221-3832 for amazing cash for houses deals in Louisville. 🙂

We here at Fast Cash House Buyers LLC offer cash for houses Louisville KY.  We’re local buyers helping local home owners sell their house quickly with no hassle.

We either hold these houses ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.

If your Louisville, Kentucky house qualifies, we can make you a quick and fair cash offer.

 

Fill out the form to get a fast and fair cash offer on your Louisville Kentucky house, or give us a call at (502) 221-3832 and get an offer within 7 minutes

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) 221-3832 or
fill out the form on this website today! >>

 

Photo by John Sharin

 

Comments { 0 }

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) 221-3832 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) 221-3832 or
fill out the form on this website today! >>

 

Other Foreclosure Resources For Louisville Kentucky HomeOwners:

 

Photo by peternamara1

Comments { 0 }

Selling My House for Cash in Louisville

Selling My House for Cash in Louisville

Selling My House for Cash in Louisville

Should you take a cash offer for your Louisville house?

Not always.

I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.

 

Selling My House For Cash In Louisville

If you’re selling a property in Louisville to an end buyer (the person living in the home), chances are good it won’t be bought with cash.

Most transactions close with a bank loan, because most buyers don’t have the funds.

This isn’t news.

Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin.

At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 we don’t spread ourselves too thin, because our primary goal is to build stable communities around Louisville.

In most cases, we’ll pay cash for your Louisville Kentucky property. Selling My House for Cash in Louisville.

 

The Benefits Of An All Cash Sale Of Your House

The benefits of a cash sale are real:

  • money fast
  • when you need it most
Sell My House Cash

Benefits of a Cash Sale

You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be told that the lender eliminated the program and you’re back to square one.

You don’t have to list your house with a real estate agent and pay a huge commission.

You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. We don’t waste your time. This is our business.

You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors.

You don’t need to deal with any paperwork. We have it all covered.

 

Working With A Reputable Louisville House Buyer / Investor

Always make sure that your cash buyer is reputable. At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable.

We pride ourselves on being a strong part of the Louisville community.  Our local mission is to help local Louisville, Kentucky homeowners who need to sell your Louisville house fast do it quickly, at a price fair to you, and to help improve the beauty of neighborhoods one house at a time.

If you’re wondering about selling your house for cash in Louisville or just need to sell a property near Louisville, we can help you.

We buy properties like yours from people who need to sell fast. Selling My House for Cash in Louisville.

Give us a call anytime at (502) 221-3832 or
fill out the form on this website today! >>

 

Photo by Walter Aymen

Comments { 0 }

How Do I Sell My House Without an Agent in Louisville?

Sell My House Without an Agent in Louisville.

Sell My House Without an Agent in Louisville.

How do I sell my house without an agent in Louisville?  If you’re looking to sell your house in Louisville or Investment properties without using a real estate agent, we can help.

Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.

After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, Kentucky brokers and real estate agents can be very useful and earn their commission. Not always.

There’s a few ways to avoid paying high commissions in your Kentucky sale.

First, there’s a tricky custom that you’ve gotta know about.

In most sales in Louisville, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.

Doesn’t make much sense, right?

Why should you pay for the agent on the other side of the table?

Truthfully, it defies logic – it’s just what’s typically done.

You can use that to your advantage in a few ways.

First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.

Sometimes in Louisville buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.

You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.

On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Louisville.

Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Louisville use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.

Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Louisville, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay commission if the sale closes.

Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.

All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Louisville to the MLS, information on your property will end up on most of the major sites within a few days.

Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.

Advertising is a gamble. Sometimes open houses in Louisville Kentucky can be a great way to sell property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.

For Sale by Owner

We close fast and pay cash in as little as just 3-5 days. Give us a call now at (502) 631-9392.

 

To effectively sell your property on your own, you have to market it well.

Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.

In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.

Certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH

We offer fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).

Sometimes we’ll purchase Louisville houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in Kentucky.

We’re investors who care a lot about Louisville.

We close fast and pay cash in as little as just 3-5 days.  Give us a call now at (502) 221-3832 or fill out the short form over here.

Sell Your Louisville House Fast – Get A Cash Offer Today

 

Photo by Zach Anderson

Comments { 0 }

Selling My House Fast in Louisville

Selling My House Fast in Louisville

Selling My House Fast in Louisville – What Are Your Options

You need to sell your Louisville house fast right?  If you’re saying… “I’m having the toughest time selling my house fast in Louisville“… you’re at the right place 🙂

These tips will help you get your property sold.

[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Fast Cash House Buyers, LLC

Selling My House Fast in Louisville – Your Options

Lately the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale. Sell My House Fast in Louisville

Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property.  So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more. We Buy Houses. We Buy Houses Fast.

To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us. We Buy Houses Fast In Louisville.

Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets. We Buy Houses Cash.

That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly. 

You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.

If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase. Selling My House Fast in Louisville. Buy My House Now.

Selling My House Fast in LouisvilleBut how do you get cash offers fast?

You can get a fair cash offer from us actually today.  We’re buying properties in the Louisville Kentucky area, which we’re local to… and we buy Louisville houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house.

If your local Louisville property qualifies, we can buy your house fast.

Just fill out the form or pick up the phone and call us anytime at (502) 221-3832

 

Photo by Mark Moz

Comments { 0 }