Sell your house fast for cash in Fern Park
Fern Park contains a mix of beautiful and distressed houses which shows a lot about its demographics. However, whether a family is affluent or not there comes a time when cash is suddenly needed. If you look closely at the picture below you can see that the grass hasn’t been cut for a while. The owner of this house is now living in another state because he got a new corporate job with Amazon.
In this situation it’s difficult to maintain the yard and making the monthly mortgage payments on 2 houses is becoming ridiculous. Before the homeowner accepted the job he was under the assumption that he could to sell the house quickly with a realtor. Unfortunately this didn’t happen and at the time of this writing, 6 months have passed, The owner is now in a crisis and is looking to sell his Fern Park house quickly for cash,
The next picture shows the result of a husband who had too much on his plate. He was getting financially squeezed and this affected his marriage. Now he understands that “a happy wife means a happy life”. In most situations like this when a divorce is pending, the first outward sign is an unkept lawn.
The other houses in this Fern Park neighborhood do not resemble this display. In fact, the area is rather clean and cozy which is why the neighbors are getting disturbed. They don’t want the value of their homes to go down because of a single messy yard.
With no hope of this couple fixing their marriage, they have decided to sell the house fast for cash and move on. In situations like this using a real estate agent is not the best option because the sale will most likely happen after the divorce. Selling before the divorce will allow them a $500,000 tax break instead of half that amount with a post divorce sale.
Woah! What’s this? The reflection on the front yard pond almost makes you think that this family lives in total harmony. But if you look closer, you can see that the pond is part of a miniature crisis that occurs each time there’s a heavy rain. The back yard can get worse because the water doesn’t drain as quickly. When it does, it seeps into the basement creating a big mold problem.
Since this house is at the bottom of a hill it receives the run off that bypasses the neighbors’ homes. The couple in this house have tried to sell through a realtor but the basement mold problem has come up in the inspection. With no other alternative they must reach out to an investor who can provide a solution. They will be able to sell their house fast for cash as long as the future renovation and landscaping work are included in the total sale price.
It’s easy to see that at one time this house was a beautiful one. The city of Fern Park has periodically placed liens on this property because of poor lawn maintenance.
The story behind this sad display is the man who owned it died and the wife was too old to take care of it herself. She was moved to a convalescent home by her daughter but the daughter has little time to maintain the house.
With all of the liens piling up the daughter has finally realized that it’s time to sell the house fast for cash. She doesn’t have the money to fix the house up for the regular market and that is why an investor is her best option.
Why sell your house fast for cash with an investor?
Summarizing the 4 points above, if you have a job transfer, divorce, drainage problems or are mature in age you might want to contact a real estate investor. There are other reasons to contact a real estate investor as well. One of the biggest categories right now is with tired landlords.
During economic downturns landlords find out that making residual income through rent payments is rarely consistent. Most of them have read Rich Dad, Poor Dad and believed this narrative. What they didn’t know is that in order to be successful with the Robert Kiyosaki model in Florida, a landlord has to have scores of properties to insure stability.
As real estate investors, we act as a life vest for these tired landlords who would like to move on. They would rather take a cash payment for their house than live through sporadic payments from tenants.
Foreclosure
The bone chilling ultimatum of foreclosure has touched many in the Fern Park community, especially the lower class. Many believe that it’s possible to avoid foreclosure by declaring bankruptcy. This serves as a temporary injunction against all collection efforts, but understand that this will double your trouble down the road.
You will still have to make mortgage payments as per your bankruptcy judge’s discrepancy. Although they will be lower, statistically you have a very low chance of carrying out the payments for the long term. If you default even once on a mortgage payment then the bank will have the right to foreclose on your house. You will then have both a bankruptcy AND a foreclosure on your financial record.
If you are facing foreclosure the best option is to contact a real estate investor to sell for fast cash. By doing so your credit will be nearly restored. Bankruptcy should not even be considered.
The camper’s there but where are the owners?
The camper is in the front yard but the owners are nowhere to be seen. The couple that live here are snowbirds who come down to Fern Park from New Jersey every winter. The problem is that they have difficulty making the trip now in their old age so they are planning to sell their house fast for cash.
What is not visible in the picture is that there’s a boat on the front lawn which the neighbors aren’t fond of. This boat, the car and the camper are going to be included with the house that the investor will buy.
Investors can buy houses with unusual deals attached because they are good at problem solving. Realtors just like vanilla and chocolate deals which don’t require much leg work. Now we see another example of why people call real estate investors to sell their homes. They work around problems and are masters at logistics so the sale can be fluid and pain free.
Getting an offer
If you fit into one of these categories you need to understand the process that awaits you should you decide to sell through a real estate investor. Getting an offer rarely requires someone to come to your house and physically assess its value. An investor can look at comps in your neighborhood as well as online records.
An experienced investor can even give you an offer to sell you house fast for cash over the telephone on the first call. The agreement can be sent to you via email using a service called Docusign. You signature is applied merely by pressing the signature line with your finger. When finished approving the agreement it is then sent back to the investor,
One might think that this system of signing a contract is too risky for the investor because he has not yet seen your house. However, there is a contingency in the contract stating that the investor is entitled to an inspection of the house. If the shape of the house is not in keeping with how the seller described it, the investor can cancel the agreement.
Closing on a house virtually
The traditional way of closing has been for the seller to go to a title company and meet with the investor along with the processors who drive the process forward. Nowadays, it is common to close virtually in the comfort of your own home as long as you have a computer with a camera and an internet connection. This simplifies the process and also keeps all parties safe during a virus epidemic like COVID-19.
As you sit in front of your camera, an attorney will guide you through the closing to make sure you understand all of the nuances. By swearing to abide by the agreement the attorney acts as a witness so that you and the investor are legally bound to the sale of the house.
Conclusion
Fern Park is a Florida community where the middle and upper class have a high housing turn over rate. Both groups use real estate investors because the factors that cause motivation to sell a house quickly are not relegated to those with a lower salary. For example, a divorce or a death can happen to people of any class and the chore of dividing assets quickly can not be avoided.
The decision to move forward with a real estate investor is really based on common sense. Since the investor is the one buying your house you can know what the outcome will be. A realtor brokers your house to a buyer which creates pitfalls when you need the sale to happen within a short time frame. In many situations the realtor commissions, seller concessions and closing costs make working with an investor the only real option.