Sell House Fast: Upside Down
Go Realty Go Property (GRGP) has successfully presented offers that were accepted by home owners by thinking outside of the box and being creative. In an upside-down case there is not much we can do; however, we have successfully put options together to save a family from bankruptcy, which would have most likely turned into a foreclosure.
This use case included the owner taking out a loan for the upside-down portion of the loan, which was manageable for them; this varies with each situation. GRGP took over the payments on the house, fixed-up the property, and made it perform with qualified renters. After 1-year, we moved the property into a corporate portfolio; this facilitated a win/win: the owners payment history showed 12-months of good payments and allowed us time to pay the asset down enough to meet long term portfolio requirements.
If this is an option that you and/or someone you know would like to talk about… please let us know.
GRGP Buys Houses, contact GRGP to Sell Houses Fast by filling out the Quick House Quote form (1-2 mins) and we will contact you to discuss your options for correcting an upside-down issue and/or starting over before risking a bankruptcy and/or foreclosure judgement.