This is a very common problem most people in trouble face with their property! Over 70% of homes being sold right nationwide now at FHA financed at 96.5% of their fair market value. In Florida, 57% of homes sold are being sold for cash! The problem is they only finance pretty houses in good shape, ready for sale. There are a couple of programs such as 203k which allow for repairs, however, it is even more difficult for the buyers to get approved for financing and they often must bring more money down to be able to qualify.
So what the heck do I do when my home need many repairs I cannot afford, how do I go about selling it? Mostly when I am upside down and own more than what I owe… The best thing to do is to call is at 305-600-1018 for a free no obligation consultation where we will analyze your situation and come up with a solution to your problem. If your property needs repairs, and is in Probate or Foreclosure, call us right away or email us at email@example.com. Most of the time, when the house is up side down, we will help you negotiate a short sale directly with your lenders and purchase your house for cash so you can move on with your life and get back on your feet.
The sooner you take action, the better we can help you! Remember one thing, if nothing changes TODAY, nothing will change TOMORROW.