Do you have a Lynchburg VA house that’s in foreclosure right now? Many people going through the foreclosure process in Lynchburg want to get out from under that burdensome house and wonder, Can I Sell My House in Foreclosure? The short answer: yes.
The long answer: it’s a little more complicated, but usually you can sell your property prior to foreclosure. Generally, the sooner you start, the better.
Can I Sell My House in Foreclosure in Lynchburg VA? – How it works
There are a lot of folks in Lynchburg who have faced foreclosure in the past few years. Since the changes in the economy, a lot of banks have been shifting the way that they deal with foreclosures.
Remember, the bank that carries your mortgage doesn’t want to see your home abandoned or auctioned. The bank stands to make the most amount of money by helping you to avoid foreclosure by selling your property. However, dealing with banks during any part of the foreclosure process can be a huge pain. Over many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.
Working With Banks During The Foreclosure Process
- Always over-communicate with the bank (but don’t be annoying). Call with updates and show them what you’re doing to get your property sold.
- Don’t miss deadlines. If anything will be late, call with advance notice.
- Remember that bankers are people too. Don’t be overly dramatic, but explaining your situation and demonstrating your willingness to fix the problems to make it right goes a long way.
- Start keeping careful records of every conversation you have with the bank. Nothing counts unless it is in writing. Make sure to keep track of each person you speak with, what they said, and any promises made.
- Explore all your options, including short sale, loan modifications, and bankruptcy. Depending on the details of your personal situation, you may be able to dramatically slow down the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure.
- Don’t wait. Unfortunately, time is not on your side. The further behind you become on payments, the fewer options are available to you.
If you’re looking to sell your Lynchburg VA house in foreclosure fast, contact us now 434-390-2906.
We specialize in helping homeowners in all kinds of situations, including foreclosure in Lynchburg and the surrounding area. We can help you get out of difficult situations and avoid foreclosure. In certain circumstances, we can negotiate directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your property with cash.
If you need to sell a property in Central Virginia, we can help you.
We buy properties like yours from people who need to sell fast. We pay cash, and can close on a date you choose.
Give us a call or text at 434-390-2906 anytime
or fill out the form over here today! >>
Frequently Asked Questions (FAQs)
Can I sell a home in any condition?
Yes, you can sell your home in any condition, including as-is. Linken Investments specialize in buying homes regardless of their condition.
How long does the selling process take?
The selling process is typically much quicker compared to traditional methods. It can take as little as 7 days or a few weeks to close the deal, depending on your specific circumstances.
What if I’m facing bankruptcy?
Selling to direct buyers like Linken Investments can help you avoid foreclosure and protect your financial future.
What happens if my home needs extensive repairs?
If your home requires extensive repairs, working with Linken Investments is still a viable option. We will factor in the repairs needed when making an offer, saving you from the financial burden of having to make the repairs yourself.
Will I get a fair price for my house?
Yes, Linken Investments consider various factors to make a fair and competitive offer for your property.
Are there any costs, hidden fees or obligations involved when working with a Linken Investments?
No, we will assess your property and provide you with a cash offer at no cost or obligation to you. If you accept our offer, we pay all closing cost and fees involved in most cases.
Can I stop or avoid foreclosure by selling my house?
Yes, in many cases. When you sell your house it stops foreclosure and may help save your credit. Download our “How To Stop Foreclosure” free report for more information.
We buy homes for cash in Lynchburg VA no matter what you’re facing in life. From tough financial times to probate properties to not wanting to share personal information on the public MLS, or just avoiding the realtor process altogether, you have options. Selling your house for cash lets you speed up the process and choose a closing date that works for you. No headaches. No hassles.
Click here or, call us today at 434-390-2906 for an all cash offer on your house in Lynchburg VA. We’re local buyers helping Lynchburg home owners sell their house quickly with no hassle.
Buying homes fast and for a fair price in Lynchburg VA is our priority. Our team is required to have clear communication and organization to make our process simple for sellers like you. Unlike a traditional sale with a real estate agent, we make an offer within a few hours and have cash in your bank account on the date you choose!
Fill out the form to get a fast and fair cash offer on your Lynchburg VA house, or give us a call at 434-390-2906