Count on 5dayssold.com for foreclosure help Calgary!
The possibility of encountering foreclosure can be terrifying. Your life might be drowning in chaos but you can find a way out. If you are going through foreclosure then we have a solution for you. We show you how to sell your house fast and get fair value because we at 5dayssold.com buy houses that face foreclosure in Calgary. If you want to find foreclosure help in Calgary and sell a house then we can buy your house in 5 days and also involve our self in stopping foreclosure.
It is easier than you think to sell a house going through foreclosure
At times life can take a twisted turn, and take everything down with it. You should not have to look at the nasty letters from the banks and trustees all day long. There is a way to transfer that stress fast. If you are facing foreclosure in Calgary, we can help.
5dayssold.com has a plan that works
We specialize in purchasing foreclosed houses in Calgary. Since many years, we have bought over 2,200 houses with just three simple steps. We are very well aware of navigating through all the tough steps of foreclosure. 5dayssold.com has made it our business to take care of all the hassles of stopping foreclosure. An A+ rating in the industry proves our commitment to put our clients first.
The biggest thing that we want our clients to know is that they are not alone. Navigating the unfamiliar by yourself is not an easy task. The good news is we have helped more than hundreds of clients going through the process of foreclosures to sell their house fast and get on with their lives. We assist in stabilizing the lives of our clients and restoring stability that makes everything we do worth it.
It is fast and easy to work with 5dayssold.com
Step 1: Call or fill out our form to give us the details about your home
Our home buying specialist will grant you an offer range over the phone in just a few minutes.
Step 2: We come to your property to finalize the paperwork
We take a look at your property and then take care of the necessary paperwork.
Step 3: You sign the paperwork and schedule your settlement date
Your home will be sold in 5 days. It is truly that easy.
What leads to foreclosure house and its selling issues?
While it carries with itself a compensatory discount, the “as is” condition can be a bit grim. If the house is still being occupied by the owners and is poorly maintained or if they cannot make the mortgage payments, or they are falling behind on the payments of regular upkeep, not to mention the necessary repairs then it is understandable that they are going to need the right buyer.
In addition to all that, some folks who are encountering or forced into foreclosure are bitter and take out their frustration on their house prior to bank repossess. This often involves getting rid of fixtures and appliances and at the time even vandalism.
How does foreclosure functions?
A foreclosure begins when the owner of the house has issued a notice of default after the payment for the house has been missed four times. The entire procedure can take from six months to a year or more.
Marketing a foreclosure house after the foreclosure has started
You can sell your house until it is sold at an auction or the bank repossesses it. During this period of time, the home is considered to be in the pre-foreclosure phase which means you can try and settle your debts with the lender.
One way of stopping foreclosure is to sell your house at 5dayssold.com and get enough cash to pay off everything that you owe to the lender, which includes even the penalties, back mortgage payments, and fees. You won’t own your house anymore however you won’t have the house foreclosed upon because if that happens that would do some grave damage to your credit.
If you make the decision to sell then let your lender know that you plan to list the house for sale with the intention of paying off the mortgage. You can ask the lender to postpone the foreclosure auction or sale and provide you with a chance to find the buyer in this case trusting 5dayssold.com is the way to go.
Ensure that you ask the lender how long you have before the house goes on the auction block. If it takes less than a week then 5dayssold.com, undoubtedly, is the buyer you need as you will have the offered cash in your possession on the fifth day of the sale.
Contact 5dayssold.com for foreclosure help in Calgary
When time is of the essence, contacting 5dayssold.com should be your first priority so that you can figure out with a day’s visit from the expert the worth of your house. With our visit to the property, we will evaluate its current situation and run a market analysis to help you anticipate the actual worth of your house, an offer that you can decide whether or not it is enough to pay off the mortgage. You will be under no obligation to accept our made offer.
We can also take up the responsibility to negotiate with the lenders to lower the amount that they take in a short sale for stopping foreclosure on the property.
Short sale from 5dayssold.com to the rescue
Lenders too hate foreclosure due to the fact that they are financial, legal and PR headaches. That is why some lenders also agree to a short sale, where you sell your house for less than everything that you owe.
Agreeing to a short sale is a desperate act for the lenders to take. They do not want to lose money on mortgage; however, they also do not want to spend their time foreclosing on, selling and owning property.
The right foreclosure professional from 5dayssold.com can guide you on how to sell your foreclosure house
Listing a foreclosed house for sale can be a long as well as a painful procedure for the owner of the house. You can legally list a home in foreclosure for sale up until the point the house is sold at auction. You can also rescue your house by paying the bank or lender everything owned, including back payments and penalties.
Why should you not buy your foreclosed house from the lenders?
Purchasing a house from a lender has its problems as a result of the increased level of bureaucracy and the restricted transparency afforded to those who purchase foreclosures.
- Financing: Lenders will not offer you any money for a house that they consider is ramshackle or that values below the buying price. If you have our site 5dayssold.com as an investor to pay cash then this will not be an issue.
- No seller disclosures: Since no one from the bank has ever lived in the house they are unlikely to have any knowledge of the present issues with the property. You will be the one to unearth everything either during the inspection of the house by asking the neighbors or through living there after you become the new owner.
Stopping foreclosure process by selling it before auction
There are two options for selling your home, the traditional way and through a short sale. If the balance of your mortgage is less than the market value of your house you would go through a conventional home sale transaction. 5dayssold.com can make that transaction extremely simple in Calgary.
First, you can reach out to us or fill the form and one of our local home buying specialists will ask you few questions about your house. After gathering that detail and doing our evaluation, we will give you an immediate as well as fair offer. From there, we will schedule a settlement date that is convenient for you. There will be no involvement of realtor commissions, interviewing agents, dealing with repairs and contractors. Leave it to 5dayssold.com to handle the information.
While on the other hand, if a conventional sale is not a viable option because of your balance of mortgage being greater than the market value of your home, the ideal deal will be a short sale one. This is the procedure by which the lender or bank would agree to accept a sum less than what was initially owed to them.
Lenders agree to this option because they are aware that they are likely to lose additional money if the home goes to foreclosure. As the seller of a house, a short sale done through 5dayssold.com is preferable to a foreclosure as your credit rating is not affected as severely. Selling a house through a short sale is a legit method for stopping foreclosure procedure and allowing the owner of the house to move on with life.
Cash in hand fast!
With 5dayssold.com it gets even better, you will be able to get cash in your hand when you sell your house. There is no need to wait for bank approvals, home inspections or lengthy appraisals. You sell your house as-is for cash, which provides you with the ability to spend it as you see fit.