Viewing posts categorised under: Financial Hardship

Do You Want to Avoid Paying Expensive REALTOR® Commissions?

Posted by Keller Home Solutions in Financial Hardship | 0 comments

26.07.19

Keller home Solutions real estate avoiding realtor commissions

When it comes time to sell your home, the last thing you want to think about is just how much of your money your agent is going to get. Is there a way to avoid paying expensive REALTOR®  fees when selling your home? There sure is and we can help.

Sell Your Home Fast 

Save time with listing your home for sale the traditional way. We will assess your property, make an offer, and have you on your way. Once the offer is accepted, we will move quickly to get you your funds. No need to wait on an agent to market your property to ready buyers, we’ll buy it from you at a fair price.

Keep More Cash in Pocket

Without the worry of REALTOR®  commissions, you get to keep more money in your pocket. You don’t pay us a commission to buy your home meaning you get to keep more of the equity you’ve spent years building up.

No Remodeling Needed

Forget paying for renovations or updates to your property. We’ll take it as is. No longer do you have to worry about staging, repairs, or even showings. There’s no need to have strangers coming in and out of your home.

Skip the Inspections

Don’t worry about hiring an appraiser or home inspector to tell you what your home is worth. We will run honest and fair assessments of your property prior to making an offer on your home. You will know exactly what your home is worth and what other properties in your area are selling for. 

No more commission fees to pay, no more stressful showings, no updates needed to your property. There are many advantages to selling your home with Keller Home Solutions that don’t require you pay those expensive REALTOR®  fees. We’re here to help. Give us a call when you are ready to sell your home and want to consider all your options. 

“Is Your Property a “Fixer-Upper” That is too Costly or too Time-Consuming to Fix?”

Posted by Agent Operations in Abandoned Property, Financial Hardship, Vacant Homes | 0 comments

12.06.19

Did you inherit an ugly house, but aren’t looking to spend a dime to fix it up? Are you in a situation where you need to sell quickly and for a profit? Not sure where to start?

vacant property for sale keller home solutions

Whatever the reason for selling your home, we’re here to offer some insight into the process and the options you have. We can help you save time and money by simply removing the middleman from the equation so that you can receive a faster cash offer for your home.    

Don’t pay to fix up that vacant property, don’t worry about REALTOR® fees, and forget about closing costs. On top of REALTOR® fees, and depending on where your property is located, how much time would be needed to fix it up, and the market conditions for buying or selling, your home could realistically sit on the market for weeks or months through traditional selling means.

How Easy is it to Sell Unwanted Property?

In just a few easy steps you will be on your way to achieving a fast, stress-free sale. We buy homes in any condition, as well as vacant properties, and we do so quickly and effectively. If you need to sell, Keller Home Solutions will buy property in any shape or form, at a fair value for you.

You are in control of how and when to sell, no matter what anyone tries to tell you. We don’t care if the property needs a little TLC whereas a traditional agent might. Ugly, vacant, or just a headache to you, we are here to give you options.  

What Are the Next Steps to Selling My Ugly House?

By simply picking up the phone and calling a Keller Home Solutions representative, you can obtain a free valuation of your home and have a fair offer on the table without ever having searched for a REALTOR®.

No more waiting for an agent to list and market your home. No more sifting through buyer offers and going through negotiation processes. We will take the time to answer any and all questions you may have, plus we will listen to your needs and ensure your interests are protected along the way.

When you are ready to sell that ugly house or vacant property, contact us for a free, no obligation assessment of your property and we will present you with an offer that is fair to you. It’s just that easy. Even ugly houses are worth something. You may just be surprised. Give Keller Home Solutions a call today!

If you enjoyed this article, here are a few others you may like:

Are You Upside-Down in Your Home or Have Little Equity?

Do You Own a Burdensome Abandoned Property or Vacant Rental Property?

Are You Upside-Down in Your Home or Have Little Equity?

Posted by Keller Home Solutions in Avoiding Foreclosure, Financial Hardship | 0 comments

10.06.19

Do you owe more on your home than it is worth? Have you started hearing the term “upside down mortgage” or “underwater mortgage” looming around?

Upside-Down in My Mortgage Keller Home Solutions

If you’re not sure what upside down in your mortgage means, simply put, it means that you owe more on your home than it is worth. This is also known as having negative equity.

The term alone can make you feel like your world has been turned upside down, but it hasn’t. First things first, determine if you actually are upside down in your mortgage.

How to Determine if You’re Upside Down in Your Mortgage

  1. Refer to your mortgage statement to determine how much is still owed on your mortgage loan. If you don’t have a statement available, reach out to the loan originator for a copy of your most recent statement.
  2. Hire an appraiser for a home valuation or refer to a licensed Realtor to obtain the current market value of your home. An appraiser will charge a fee to do a full assessment whereas a Realtor can give you market value for free. In other words, they will compare your home to homes in your area that have sold.
  3. Once you’ve received those numbers, determine if the amount you owe is less than the home appraisal or valuation amount. If the amount you owe is higher than the value of your home, you are upside-down in your mortgage.

What Are Your Options in an Upside Down Mortgage?

If you are facing an upside-down mortgage situation, you are not alone. Millions of Americans have faced the same situation and made it out alive.

Are you thinking about walking away?

Will selling your property be to your advantage?

Is refinancing a viable avenue to explore?

Are you able to stay put?

There’s one thing about real estate. It is an ever-changing market that could eventually turn around in your favor. It’s unpredictable to say the least but there are so many variables to consider when deciding what is best for your situation. A professional can go over your options and help devise a plan of action. Again, you’re not alone.

If you are feeling overwhelmed and looking for solutions to your upside down mortgage, Keller Home Solutions can help. We will help you determine the best course of action for your specific situation. If you choose to walk away, we can help with that too.

You won’t have to worry about making repairs, showings are not required, and there are no hefty agent commissions. Just CASH, in your hand in as little as seven days or whatever time frame you prefer. No one has to know what you are going through but you and your agent.

Finding an upside-down mortgage solution is what we do. When it comes time to answer those hard questions, we’re here to help.

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Have You Received a Notice of Default on Your Central Texas Home?

Do You Need to Sell Your House Fast for a Job Transfer or Relocation?

Have You Received a Notice of Default on Your Central Texas Home?

Posted by Keller Home Solutions in Avoiding Foreclosure, Financial Hardship | 0 comments

30.04.19

Have you received a Notice of Default on your Central Texas home and aren’t sure where to turn? At Keller Home Solutions, we work to provide insight and assistance to Texas homeowners who are facing financial challenges, including those related to foreclosure: Notice of Default, Notice of Sale, and Foreclosure Sale.

Avoid foreclosure prevent foreclosure notice of default austin texas Keller Home Solutions

When can a lender start foreclosure?

In most cases, you must be 120 days delinquent before any foreclosure activity begins. While it’s uncommon, smaller lenders and community banks can start foreclosure even if you are only one day past due. It’s important to note that the lender is only required to send you two notices before a foreclosure sale.

In most cases, foreclosure in Texas involves three steps, and the Notice of Default is the first in that process.

What is the Notice of Default?

The Notice of Default is a demand letter from your mortgage lender or servicer that is required by law. It notifies you that you have 20 days to “cure” your defaulted mortgage loan (pay the amount owed in full). Occasionally, this timeframe is increased to 30 days, and this is found mostly with FHA, VA, and home equity loans).

How can I prevent a foreclosure from happening to me and my family?

Believe it or not, you do have options. If you want to remain in your home, talk with your mortgage lender about a structured repayment plan, a temporary forbearance, or a loan modification. However, those aren’t your only options.

If you’d rather not go through the fuss and frustration of haggling with your mortgage lender, we’ve helped many homeowners avoid the foreclosure process completely. At Keller Home Solutions, we specialize in helping individuals get “back on their feet” by making a fair all-cash offer on their home.

A fair, all-cash offer from Keller Home Solutions empowers you to move on to your next chapter in life–to start fresh, and it takes the hassle and uncertainty out of selling your home. There are NO fees associated with our fair cash offer, and you can also avoid hefty REALTOR® commissions, costly property updates and repairs, and inconvenient showings that accompany a traditional home sale.

If you’re ready to receive an equitable, all-cash offer on your home today, click here to get started. Or, if you need immediate assistance, call us at (512) 518-1923.

*Resource used: https://texaslawhelp.org/article/foreclosure-fact-sheet-0.

You may also like these blog articles by Keller Home Solutions:

Five reasons to sell your home for cash instead of going into foreclosure

You’re in default — now what?

What happens after foreclosure?

What is Considered Financial Hardship?

Posted by Keller Home Solutions in Avoiding Foreclosure, Financial Hardship | 0 comments

19.02.19

If you are having trouble making ends meet, you might be able to ask your lender or credit card companies for assistance. Oftentimes, writing a hardship letter to explain the details of your situation can help your case.

What constitutes a hardship?

How do you know if you are experiencing financial hardship? The IRS defines “hardship” as when you are not able to pay for allowable living expenses.

“Allowable living expenses” are the day-to-day things you need to take care of your family. These expenses include:

  1. Food
  2. Housekeeping supplies
  3. Apparel and services
  4. Personal care products and services
  5. Miscellaneous

Another way to look at it: If what you owe each month is more than what you earn, you are experiencing financial hardship.

There are many different situations that can lead to financial hardship —  

Losing your job, work cutbacks, or reduction in pay

These are the most common reasons for financial hardship. If you or a contributing member of your household loses their job, your finances can take a big hit. If you work an hourly job and your hours have been significantly cut, this can also qualify. Or, perhaps you got a new job, but it pays far less than your previous job. Even though you are employed, this can be treated as hardship.

If you are a business owner or are self-employed, a decline in business and revenue is also considered financial hardship.

Divorce or separation

Besides the legal fees, taking over sole responsibility for mortgage payments and other household expenses can be overwhelming with only one income. Add shared debt and child support, and the expenses can stack up quickly.

Illness or injury

Medical bills associated with serious conditions such as cancer or a heart attack, or even the slower onset of symptoms of Alzheimer’s disease or diabetes can take a significant toll on finances.

Death

Funeral costs due to a death in the family can put a serious strain on finances.

Disaster

Natural disasters and acts of God, as well as fires or car accidents can cause thousands of dollars of damage.

Legal problems

If you or a family member is involved in a costly litigation or is incarcerated, it can have a devastating effect on your finances.

If you have exhausted all other options to get out of hardship, you may look at selling your home and downsizing to a cheaper living situation to alleviate some of the financial stress. Keller Home Solutions is an Austin-based investor with local experience. We are willing to offer a fair market price on your home, all in cash and closing within days instead of weeks.

Contact us for a consultation today.