How To Sell My House Fast

Lets face it, life is not always easy and is not always perfect. Many good people get into financial situations which cause them to get behind on their mortgage payments. One day things were going great so you purchased a new house. A few months later you lost your job and now you can not make your mortgage payments.

Situations like this happen to many people each and every day. When a life changing event like loosing your job, or going through a divorce happen, usually your house becomes a large financial burden. In fact, with the real estate market slow and buyers having trouble getting financing your house can become a stressful, financial nightmare.

In September 2007 there are approximately 5,000 homes for sale in Ada County. Ada County is made up of the larger populated cities like, Boise, Eagle, Meridian, and Star. Out of the 5,000 homes for sale, approximately 400 homes sold in September. At this rate of selling many people are going to have a hard time getting an offer on their home.   

For this reason local home buyers exist. Local home buyers are in every real estate market. They will purchase your house fast and allow you to keep the majority of your equity.

Local home buyers are honest

real estate professionals who earn a living from helping people who need to sell their house fast.

There are many reasons you may need to sell your house fast, to stop foreclosure, finalize a divorce, loss of your job, etc. If you need to sell your house to save your equity, I recommend getting a free offer from your local home buyer.   

You may be facing foreclosure for any number of reasons: job loss, health issues, divorce, or maybe you were one of the millions of borrowers that got an adjustable-rate mortgage or ARM with a teaser rate of less than 4%. 

Whatever the reason, stopping foreclosure is an important step to take now. You may be thinking of walking away from your home because you are too overwhelmed to deal with it.  If you do that, you could owe the IRS.  Foreclosure is treated as a sale under tax code. 

According to IRS Publication 544: “I you do not make payments you owe on a loan secured by property, the lender may foreclose on the loan or repossess the property.  The foreclosure or repossession is treated as a sale or exchange from which you may realize gain or loss.  This is true even if you voluntarily return the property to the lender.  You also may realize ordinary income from cancellation of debt if the loan balance is more than the fair market value of the property.” 

If you need to sell your home fast you can find an expert in your local area by looking on-line.  There are local home buyers that are in the business of helping people stop foreclosure.  They help people just like you get out from under the debt of a mortgage that has become burdensome.  After filling out an on-line sellers form, a local home buying expert contacts you.  The advantage of using a service like this is that you can sell your home fast with no money out of pocket and can expect fast, professional and courteous service.

When I think of selling my house myself I think of three options. Selling my house with the help of a real estate agent, selling my house for sale by owner (FSBO), or selling my house to a local home buyer. The truth is selling your house to a local home buyer can make the entire home selling process much easier.

The easy way to sell your house yourself is to get a free offer from you local home buyer. Selling your house to a local home buyer can save you time, frustration, and money. You save time because you do not have to wait to find a buyer for your home to sell. You do not have the frustration of having potential buyers walk through your home and critique your homes character. Last, but certainly not least you can save money because you do not have to pay large real estate commissions.

Local home buyers exist in every major city in the United States. They will give you a free offer for your home and you have no obligation to accept. The best way to get in contact with your local home buyer is to submit an on-line seller form. Once you complete the form your local home buyer will be in contact with you, so you can sell your house.