What if I owe More Money Than my House is Worth?

What if I owe More Money Than my House is Worth?
Speaker 1:
Hey, this is Sean Costa with Unlimited Real Estate Solutions. Recently I’ve been talking to a couple sellers who are in a situation where they owe close to what their property is worth. And when I say owe, I just mean their mortgage balance is right around the same price that they would get if they listed their property on the open market. And people have called just inquiring about what type of solutions we can offer them. So if you are someone whose property has a significant amount of debt on it in terms of a mortgage, we still may be able to help you out.

We’ve purchased from people in the past where we’ve taken over the mortgage payments. We’ve also been more creative with how we structure deals, where it allows you as the homeowner to sell us the property and get out from underneath it and all those responsibilities and liabilities. And we can still be creative with it where we can buy it as a good investment on our end. So if you are looking to sell your property and you think you might not be able to because of how much is owed on it, please give us a call today. I’d be happy to discuss with you what kind of options are available, or you could fill out a form on our website and we would be happy to reach out and get in touch with you. Thanks for stopping by. Take care.
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