Foreclosing properties on Long Island - How to sell them fast for cash to avoid foreclosure

How To Avoid Foreclosure By Selling Your Home For Cash – Long Island

Benefits of Selling Home For Cash When Facing A Foreclosure

Are you facing a foreclosure on Long Island. We can help - Long Island Cash Home buyerFacing foreclosure on your Long Island home can be horrifying. But there is no need to panic. Long Island Cash Home Buyer can help you avoid the negative consequences of foreclosing on your home by purchasing your home for cash!

According to Realty Trac, in 2015 about 1.1 million people lost their home to a foreclosure. When you foreclose on a home, the financial impact can be devastating.  Besides losing your house (and all that you’ve invested in it over the time), it will take years before you can reapply for a mortgage, credit card interest rates will skyrocket, and you are still liable for your property taxes. If you are looking to avoid foreclosure on your home, the fastest and quickest way is to sell your Long Island home for cash. Our timeline to purchasing your home is often as quick as 2 to 4 weeks from initial contact to closing of the property. Once you get the notice of foreclosure, you have three months before you need to leave your home. By opting to sell your home for cash, you can get back on your feet quicker and avoid any foreclosure penalties that may occur if you wait too long.

How Much Time Do I Have To Sell My Long Island Home During The Foreclosure Period?

The general amount of time you would have to sell your home during the foreclosure period would be 3-6 months. If you already know ahead of time that you won’t be able to pay off your debt, selling your home quickly for cash could be the best option for you to help you get back on your feet quickly.

What Are The Benefits Of Selling My Foreclosing Property For Cash?

There are several benefits to selling your foreclosing home for cash, including:

  • You receive the cash you need quickly
  • You’re able to get back on your feet faster
  • We help make the foreclosing process easier
  • You avoid penalties and marks on your name and credit that can follow you for years

Can I Still Sell My Home Shortly After It Has Been Foreclosed On?

Yes! Although your home may be being foreclosed on, you still retain the rights to the home. Many people misinterpret foreclosure as losing their home right away but that is not the case. Selling it a quickly as possible for cash will help you receive the largest sum of your home value.

Does It Matter How Quickly I Sell My Foreclosing Home?

The sooner you sell your home, the sooner you can get money to help you moving forward and the less likely you are to be foreclosed on by the bank. Even though you have time to make a decision, you don’t want to wait too long and risk missing any deadlines as well as lowering the value of your home.How to save a foreclosing property on Long Island - Nassau and Suffolk Counties

 

Are There Any Consequences If I Just Let My Home Go Into Foreclosure?

Yes, there are a few consequences to allowing your home go into foreclosure. For one, your credit can take a major hit. There are also penalties that come along with a foreclosure, such as tax penalties and deficiency judgments. It will also be more difficult to get a home loan in the future when you’re ready.

 

Why Is Selling My Home For Cash The Best Way To Avoid Foreclosure?

The biggest reason is getting the money necessary to help you find a new place with a fresh start. Our goal is to make it as quick and easy as possible for you and your family and there’s no better way to do that than selling your foreclosed home for cash on Long Island.

 

If you are looking to sell your home for cash to avoid foreclosure, let Long Island Cash Home Buyer help. With over 20 years in the real estate industry, we know how to help you sell your home quickly and efficiently. Contact us for more information on how we can help you avoid foreclosing on your home!

 

For more information on how Long Island Cash Home Buyer can help you, give us a call at (516) 330-6940 or fill out the contact form below!

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in NY. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (516)262-5420...
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Related articles for Long Island Sellers:

 

Are you in a difficult Real Estate situation?

Do you need to sell your Long Island house quickly?

Best types of properties can be sold for cash on Long IslandSince 1998, we have been a trusted source for the latest information in regards to selling your home fast for cash on Long Island. We will have an honest conversation with you about the benefits and disadvantages of a quick cash sale of your property. If it is not right for you then it will not be right for us. It must be a win-win situation.

  • We have purchased hundreds of homes with cash since 1998
  • We have over $5,000,000.00 in funding available to purchase Long Island homes.
  • You will always get cash at the closing.
  • We always keep our word and will always tell you the truth.
  • We will purchase your home as-is, in its present condition, no matter how much work is required.
  • You can avoid all the costs and frustrations of fixing your property for sale.

We are the buyers. We are interested in buying your home- not in listing it as a Real Estate Broker.

 

Our Home Buying Timeline is typically 2-4 weeks from initial contact to closing of the property. If you need to close faster, it is certainly possible. If you need more time than that to close, that is available as well. We are the go-to if you want to sell your home quickly!

 

Avoiding a foreclosure on Long Island - selling your Nassau and Suffolk County homes fast for cashIf necessary, we will cover normal closing costs. You will not have to pay anything or bring any money to the closing. All you have to bring to the closing are the keys!
Our process is substantially faster and much less stressful than listing with a real estate broker.

 

When you list the home with a broker you can count on 6-12 months and possibly longer before you get to the closing table. While it is likely you will end up with more money with a traditional real estate listing, our process is completely hassle free and fast!

 

Benefits of Selling Your Long Island Home For Cash

We are not moving into the house. Therefore there is no need to coordinate closings or lease expiration’s. There are no buyer showings or Open Houses ever. There is no renegotiating after a Home Inspector goes through your property. There is no waiting for a mortgage approval that may or may not materialize. You can even leave the contents of the house if that suits you best.

 

If you want a fast, trouble-free sale, contact us and we will make every effort to make it a win-win situation for both parties.

 

Who should consider selling their house this way?

  • Need to sell the house quickly without issues.
  • Inherited a property and want to meet your obligations as soon as possible.
  • In the process of Foreclosure.
  • Have an Unpaid Tax Lien.
  • Out-of Town homeowner that wants to liquidate the property.
  • Need to sell your house before you can buy another property
  • Relocating either for work or lifestyle reasons and will not be here to sell your house in the traditional manner.

Richard Witt Long Island Cash Home BuyerWhile these are the major reasons that people choose us to do business with, every circumstance is unique and we are open and innovative in our approach to solving any and all Real Estate problems.

 

Let us help you.

 

Contact us Today!

 

Richard Witt
(516) 330-6940

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in NY. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (516)262-5420...
  • This field is for validation purposes and should be left unchanged.

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Foreclosing Properties on Long Island – How to sell them fast for cash

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