Distressed Properties


"Distressed Property" is a real estate term that describes a property owned by a homeowner experiencing significant financial entanglements such as imminent foreclosure involving the home. The term can also be used to describe homes that suffer from major issues such as structural damage or severe termite infestation.

Call Us for Assistance with Your Alta, Utah Distressed Property:

Cheap Properties: We Buy Them. Now. | Alta

Avoid Distressed Home Pitfalls With Us!

Selling a distressed home can prove to be an insurmountable challenge for most homeowners. These homes typically sit stagnant on the real estate market as interested buyers seek out properties in the area with less problematic profiles, and bolstering their appeal also means making thousands in repairs for most sellers.

We buy homes right now. | Alta

Delayed Sale

Required repairs on a property being readied for sale can also greatly increase the timeframe of the listing process as well as cutting into the final profit margin. Worse, these issues are often only discovered during an inspection as a buyer is making final assessments before purchase. Delaying the sale is an option many homeowners take, but in the interim the seller is responsible for daily upkeep and maintenance costs.

You can sell your home today. | Alta

Extended Timeframe

Sellers of distressed homes nearly almost always underestimate the time it will take to improve a distressed home to fetch a premium price on the open market. Comprehensive repairs to key components such as the foundation, roof or plumbing of a home can take months, and any financial or legal entanglement is a total deal breaker in the majority of cases.

responsive

Extreme Circumstances

Homes in relatively good condition can become impossible to sell due to outside factors as well. Problem tenants can do thousands of damage to key amenities and installations in the home upon learning of a sale, and squatters can illegally occupy the home to rule out any sale-related activity.

Cheap Properties: We Buy Them. Now.
Cheap Properties: We Buy Them. Now.

Selling Your Inherited Alta, Utah Home

Selling your inherited house can come with a number of legal entanglements such as liens and estate taxes as well as the emotional burden of depersonalizing what may be a meaningful place. It can be particularly problematic in the case of default, in which the mortgage must continue to be paid or risk foreclosure in many jurisdictions. Further complicating matters, there is often a "creditor claims" period during which all assumed rights to the property are verified. During these various processes, homeowners can be burdened with the costs of everyday upkeep as well as legal expenses related to the transfer and eventual sale of the house.

We buy homes right now.

Can I Sell My House with Major Foundation Issues?

We are an area leader in purchasing homes with damaged foundations and other major issues for years, and is here to offer fast cash for your unwanted property. We provide a no-obligation appraisal for your property through our convenient application process, and we purchase your home as-is so you won't have to worry about skittish buyers or expensive repairs. When you sell your house to us, we pay all of your standard closing costs. We never turn down homes with damaged foundations, because we want to offer the financial flexibility you need. We are a local leader in buying distressed homes, and can offer you the fast cash settlement you need. Talk to one of our friendly representatives for a free consultation.

You can sell your home today.

Can I Sell My House with Termite Damage?

Once you've sold your home to us, your termite damage is our problem. We handle all the repairs and renovations while keeping pace with the open connect your home with buyers…all you do is enjoy your cash payment. Selling your home through conventional real estate channels can take months, and the process can be even more difficult when a home has termite damage…so sell it to us! When you work with us, we pay all your standard closing costs, so you can get the most possible financial flexibility from the proceeds of the sale. We relieve you of the burden of a termite damaged home so you can move on to the next chapter of your life. Contact one of our helpful representatives to begin your no-obligation evaluation process.

What Do I Need To Qualify For A Mortgage Modification?

The Making Home Affordable site (www.MakingHomeAffordable.gov), specifies the following documentation to qualify for a loan modification.

  • Any information on the first mortgage
  • Any information on secondary mortgages or lines of credit drawn on home equity
  • Account balances and minimum payments on all credit cards
  • Any information on other debts incurred by the homeowner
Call 616-382-0192 Now!
Mobiles

We are the BEST choice for buying almost any
Alta Utah Home Quickly.

 

Additional Materials:

Alta, Utah City Information

Alta Must Sell Home - Sell Your Home Fast Articles

Must Sell We Buy Your Home Topics

Must Sell We Buy Your Alta Home Quickly Video

 

You can find Website Marketing for Alta website owners here: Alta Website Marketing

Sitemap

Alta - We Buy Your Must Sell Home Quickly References

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Information for Alta, Utah

Alta , town and ski resort, Salt Lake county, northern Utah, U.S. Lying at an elevation of 8, 583 feet (2, 616 metres) in the Little Cottonwood Canyon of the Wasatch Range 26 miles (42 km) east of Salt Lake City, the town - then a silver mining camp - was founded as Central City in 1866 and renamed Alta (Spanish:'High') in 1871. It prospered intermittently until the Great Depression, when it became virtually a ghost town. It was developed as a ski resort in the late 1930s. Since then generations of winter visitors have been drawn to the area's famed powder snow, which falls at an average rate of 500 inches (12.7 metres) per year. The quaint, placid town hosts film and arts festivals throughout the year. Another ski facility, Snowbird, located 2 miles (3 km) west of Alta, opened in 1972. Inc. 1970. Pop. (2000) 370; (2010) 383.

Read More about Alta, Utah

 

 


Alta - Cheap Properties: We Buy Them. Now. Articles

The one reality about today's housing market is that many people have more questions than answers. The following information is intended to help you or someone you know better understand your situation.
Do I Qualify For A Short Sale?

The qualifications for a short sale include any or all of the following:

Financial Hardship - There is a situation causing you to have trouble affording your mortgage.
Monthly Income Shortfall - You have more month than money. A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.


What Is A Mortgage Modification?

A mortgage modification is a process through which your mortgage lender changes any or all of the following:

Your interest rate
Your principal balance (through a reduction)
Your loan terms (example: from an adjustable to a fixed rate)
This process can allow borrowers to stay in their property when they can no longer afford their current mortgage payments.


Why Would A Lender Modify My Mortgage?

Lenders have realized that in some cases it is better for them to work with current borrowers to lower payments or possibly improve terms in order to keep homeowners in their properties. The average foreclosure can cost a lender from 35-50% of the value of a property, so keeping borrowers in their homes is a good option for everyone.


What Do I Need To Qualify For A Mortgage Modification?

According to the Making Home Affordable Web site (http://MakingHomeAffordable.gov), you will need the following information for your lender to consider a modification:

Information about your first mortgage, such as your monthly mortgage statement
Information about any second mortgage or home equity line of credit on the house
Account balances and minimum monthly payments due on all of your credit cards
Account balances and monthly payments on all your other debts such as student loans and car loans
Your most recent income tax return
Information about your savings and other assets
Information about the monthly gross (before tax) income of your household, including recent pay stubs if you receive them or documentation of income you receive from other sources
If applicable, it may also be helpful to have a letter describing any circumstances that caused your income reduce or expenses to increase (job loss, divorce, illness, etc.)
How Do I Qualify For A Mortgage Modification?

The first call you make should be to your lender, have the information above ready to discuss with them and call your customer service line to ask them what options you have available. If the person you speak with does not understand what you are asking, you can ask to be referred to one of the following departments (different lenders have different names for these departments):

Loss Mitigation
Mortgage Modification
H.O.P.E.

Prior to contacting your mortgage lender you can quickly complete an eligibility test at http://MakingHomeAffordable.gov. This test will let you know if you are eligible for a modification through the government-sponsored Home Affordability and Stability Program (HASP).

For a list of mortgage lenders and servicers, visit www.HopeNow.com.

What Is A Home Affordable Refinance?

If Fannie Mae or Freddie Mac owns your mortgage, you may be eligible for a Home Affordable Refinance. This will allow you to refinance your home and often lower your payments.

What If I Don't Qualify, Can't Afford My Home, And Owe More Than It's Worth?

You are not alone and foreclosure is not the only option. If your mortgage lender or servicer will not work with you to reduce your payment, you may want to consider a short sale. Agents with the 'Certified Distressed Property Expert' Designation have undergone extensive training in how to process and negotiate short sales.

A short sale allows you to sell your home for less than what you owe and avoid foreclosure. Speak to your market expert to see if you may qualify.

What Are The Qualifications For A Home Affordable Refinance?

According to the resources released by the government, following are a list of qualifications:

You are the owner occupant of a one- to four-unit home
The loan on your property is owned or securitized by Fannie Mae or Freddie Mac (see Useful Links)
At the time you apply, you are current on your mortgage payments (you haven't been more than 30 days late on your mortgage payment in the last 12 months, or if you have had the loan for less than 12 months, you have never missed a payment)
You believe that the amount you owe on your first mortgage is about the same or slightly less than the current value of your house
You have income sufficient to support the new mortgage payments, and the refinance improves the long-term affordability or stability of your loan.



 


Realities Of Real Estate You Don't Have Time To Sell Your Home?

 

Factors In Fast Home Sales You Can Sell Your Home Immediately?

 

Rapid Real Estate What Sellers Must Know A Fast Home Sale Could Be Your Best Option.

 

Are There Options For Fast Home Sales Ready To Sell Your Home?

 

The Truth About Selling Homes Fast Your House Needs Work? No Problem.

 

Every Day Counts In The Real Estate Market Get Paid Sooner With Cash Home Sales.

 

Distressed Homes What You Must Know What's Stopping Your Home From Being Sold?

 

Faster Sales Need Cash Fast? Sell Your House To Us.

 

Quick Home Sales Specialists Is Selling My Home Fast A Good Idea?

 

We Make Selling Your Home Fast And Easy Is Selling My Home Fast A Good Idea?

 

We Can Help You Get Your Home Off The Market In Now Fast Home Sales: Seizing Your Opportunity.

 

Moving Sell That Old House Faster With Us Let Us Make Your Home Sale Faster.

 

Sellers Get The Best Prices And Fast Payment For Your Home Get The Best Offers For Your Home.

 

But Nobody Will Buy My Home What's Stopping Your Home From Being Sold?

 

Let Us Take That Home Off Your Hands Take Advantage Of The Real Estate Market.

 

We Specialize In Distressed Homes Don't Let Your Home Sit On The Market.

 

Get Your Home Off The Market Now How Quick Home Sales Work: Call Now.

 

Selling Your Home Now We Can Help Rapid Real Estate Sales.

 

We Sell Houses Regardless Of Condition Don't Delay, Sell Your Home Today.

 

Cheap Property Investments Sell Your Unwanted House Fast With Us.

 

I Dont Have Time To Sell My Home Sell Your House Now.

 

How To Start Selling Your Home Ready To Sell Your Home?

 

Should I Buy Cheap Property Learn More About Selling Homes Fast Here.

 

Residents Let Us Make Your Home Sale Faster We Can Help You Flip Your House.

 

Getting The Best Price On Home Sales We Can Help You Get Your Home Off The Market Now.

 


This video reviews "Must Sell Home in Alta"

 

 

We provide Must Sell Home services for residents and companies.
We provide services in every State including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut,
Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky,
Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico,
New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon,
Pennsylvania, Rhode Island, South Carolina, South Dakota,
Tennessee, Texas, Utah, Vermont, Virginia,
Washington, West Virginia, Wisconsin, and Wyoming

 

Closely Related Topics: Cheap Properties: We Buy Them. Now.

Related Statewide Reading Topics: Alta - Cheap Properties: We Buy Them. Now.

 

Sitemap | Privacy Policy | Disclaimer     © Copyright 2017   Designed & Developed by Alta Website Marketing