Owing more to the bank than your house is worth can be a difficult position to be in if you need to sell, especially if you are under pressure to sell fast for personal or financial reasons. Thankfully, there are options to sell your house in Alabama if you owe more than it’s worth. Understanding these options can help you feel confident in the decision you make about how you sell a house in Alabama if you owe more than it is worth. So read on as we detail how to sell your house in Alabama if you owe more than it is worth.
Realtor Commissions
Realtor commissions can add up fast when you’re trying to sell a home in Alabama if you owe more than it is worth. In fact, commissions may leave you owing money at the closing table especially if you owe more on your house than it’s worth. However, local home buyers like us at North Alabama House Buyer never charge commissions, and there are no hidden fees when you sell your house directly to us. We are local professional cash buyers and offer in cash the exact amount you’ll have in hand after closing. If you own an house and owe more than it’s worth, we would love to work with you and offer you a no obligation, fair price for your home so you don’t have to worry about paying commissions and can put more money in your pocket at closing.
Updates and Repairs
It’s best to update and repair a home prior to listing it on the market to attract more buyers and ensure you sell the house for top dollar. However, it can sometimes take a great deal of resources, time and money to make these updates and repairs, which may not be feasible when you need to sell your house in Alabama if you owe more than it‘s worth. Instead, if you contact a local cash home buyer like us at North Alabama House Buyer we will detail what you could profit from making repairs and updates to your house yourself and listing with a realtor vs. our fair, as-is offer for your house. Selling directly to our company means you don’t need to worry about passing the inspection, updating or repairing anything. You can skip the fixing, repairs, and hassles of showings when you sell directly to us. Selling your house directly to a local cash home buyer is a great way to sell your house in Alabama if you owe more than it’s worth.
Current Market Value
Perhaps you’ve fallen behind on payments and the lender starts notifying you of foreclosure proceedings. In this scenario, it is best to take quick action. However, you may find you can’t afford to sell your house in Alabama if you owe more than it’s worth. Professional local buyers like our company can help you through the process of a short sale to avoid bankruptcy or foreclosure. We are skilled at working with lenders to help you avoid the negative consequences of inaction in a foreclosure or bankruptcy situation that can, in the future, negatively affect your life in many ways.
Selling your home directly to our company can be a great option to sell your house in Alabama if you own more than it is worth. We have a straightforward process that is fast, simple, and hassle free. Our home buying company wants you to have the all the information you need to make an educated decision because we want you to feel good about selling your house long after closing. If you would like to learn more about how to sell your house in Alabama if you owe more than it’s worth feel free to give us a call or send us a text at (256) 824-9181. We’d love to be a resource to you!
Sell Your House in Alabama if You Owe More Than It’s Worth
We would love to be a resource to you and provide you with more information on selling your house in Alabama if you owe more than it is worth. We are a trusted and local company that has a track record of helping many people in these situations. If you are looking to sell your house in Alabama if you owe more than it’s worth, we’d be honored to help you!