Foreclosure Assistance is Just a Click Away! Learn How We Can Help You Avoid Foreclosure Now.
Foreclosure Assistance is Just a Click Away! Learn How We Can Help You Avoid Foreclosure Now.
Foreclosure is a stressful situation that many homeowners face. If you are one of them, you are not alone. In 2022, some 324,237 houses were foreclosed on in the U.S.
If you are facing foreclosure and are reading this, you are in the right place. That is because Fair Deal Home Buyers specializes in providing foreclosure assistance to homeowners who are in dire need of a solution. Our team of experts can help you navigate the complex foreclosure process and find a solution that works for your unique situation. Whether you have equity in your home or not, we have several options available to help you.
If you have equity
If you have equity in your home, we can buy your house for cash. This means that we will pay you a fair price for your home—in cash, fast—that also makes sense for us after considering all the repairs and costs associated with the fixing up your house. If we make you a cash offer and buy your property, it means we can help you avoid foreclosure, so you can move on with your life worry free and financially sound.
No equity
Even if you don't have equity in your home, we can still help. We have extensive experience negotiating with banks and lenders to help homeowners avoid foreclosure. For example, we can work with your lender to come up with an agreement to buy your house through a short sale.
What is a short sale?
A short sale is a process where a homeowner sells their property for less than the amount owed on their mortgage, with the lender's approval. Usually, this is only done as a last resort when a homeowner is unable to keep up with mortgage payments and is facing imminent foreclosure. Lenders are often amenable to short sales because it is often cheaper than going through the entire foreclosure process. The benefit for homeowners is that a short sale helps them avoid foreclosure while minimizing the negative impact on their credit score.
Here are some other things to consider before considering a short sale:
1) You will need to provide evidence of financial hardship to justify why you are unable to pay your mortgage.
2) Your credit score may be negatively impacted, although not as severely as it would be in the case of foreclosure. The exact impact on your credit score will depend on your individual circumstances and the lender's policies.
3) You may be responsible for paying taxes on the forgiven debt (the difference between the sale price and the amount owed on the mortgage), although there are certain exemptions and exclusions that might apply.
Creative financing solutions
In addition to these options, we can also use creative ways to buy your home, such as “subject to” (the existing loan) or seller finance. Subject to the existing loan means that we take over your mortgage payments and assume ownership of your home. This strategy can be an excellent solution for homeowners who are facing foreclosure situations, but have little to no equity in their property.
Seller finance involves the homeowner financing the sale of their property, essentially becoming the lender for the buyer. This can be an attractive option for buyers who are unable to obtain traditional financing or who may need more flexible terms.
List it
Finally, if none of these options work for you, we can potentially list your house to try and find a buyer to purchase the house from us after we have renovated it. In this strategy, we will list your house on the market to try to find a potential buyer before we commit to buying your house. This way—especially if you do not have equity—we can attract a buyer who wants a fixed-up house, and then we can communicate directly with the buyer on what repairs or renovations they want done before we start any work.
You have options
As you can see, there are many options for homeowners who are facing foreclosure but want to avoid it. If you or somebody you know is worried about foreclosure, time is of the essence. Contact us as soon as possible because we can help you avoid foreclosure so you can move on, worry free, to the next stage of your life.
Everyone that I worked with was genuine and helpful through the whole process. I think highly of the company and everyone I talked with in person and by phone/text. I highly recommend this company.
We have enjoyed working with everyone from Fair Deal Homes. Everyone from you and Peter, to the inspectors, to Jackie at the title Co, were all a pleasure to work with.
This was an awesome experience. Fair Deal Home Buyers were exactly that--fair dealing. Peter and Shan were both excellent in helping us, explaining the process, and providing a smooth transaction. This was an excellent experience from start to finish. I could not be more pleased! Totally first rate all of the way!! Thanks, Fair Deal Home Buyers!!
This was a great process for me there were no hidden things that came up everything that was said at closing was delivered the staff was very helpfulf especially Beza she was awesome. I would highly recommend fair deal to anyone.
It was very enjoyable working with this company . They are very understanding . Hard working and move as fast as you want them too. I would definitely use this company again. Thank you very much Ben have a great day!!
The process was way easier than I ever would have thought! Fair Deal is by far the way to go! Everyone is super helpful, up front about everything truly top notch the list goes on! From the first phone call to start the process of selling to the closing was nothing less than perfect! Beza was super helpful and prompt on any ? Or concerns we had.
Fair Deal Home Buyers were excellent to work with in selling our home from start to finish. They were upfront and honest through out the process. I highly recommend them.
Everything went smoothly and everyone made time for our work schedule as well for our dogs scheduled I would recommend fair deal home buyers LLC to all who seek to sell there home thanks to all who helped
I recently had the pleasure of working with Ina at Fair Deal Home Buyers, and I must say, it was an outstanding experience from start to finish. Ina's professionalism, expertise, and genuine care for her clients truly set her apart. I wholeheartedly recommend her services to anyone in need of assistance. Thank you, Ina, for your outstanding help!
My experience with Fair Deal Home Buyers was extremely professional and highly ethical. The entire team communicated daily with any updated information needed to streamline my selling process. I recommend Fair Deal Home Buyers for those in search of a highly ethical, professional, and team oriented real estate company.
If you are looking to sell your house, Fair Deal Home Buyers LLC are very professional and they won’t try to low ball you on the value of your property. Very respectfull and helpful when you have questions or concerns. Beza was my main contact and she was wonderful and prompt getting back to me with the questions I had and processing the paperwork. If you are looking to sell your house, give them a call, you won’t be disappointed.
Polite courteous very professional staff everybody I work with there understood my needs and worked in cooperated to make sure that they happened . I would highly recommend them to anybody.
Each person was easy to work, very professional. The process was quick and went smooth each step of the way. Would recommend Fair Deal Home Buyers to anyone who looking to quickly sell their home
If you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, Fair Deal Home Buyers are definitely the way to go. I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
Fair deal home buyers are a life savers, I had an urgency to sale my parents house that I inherited and had some complications with the POA but Amir Erez was so helpful speeding up the process with their lawyers and in three weeks they closed on my house and I got cash in my hand to be able to move on. Thank you guys for your help. Definitely recommend it.
Our experience selling our home with Fair Deal Home Buyers was a positive experience. They were quick, efficient, and worked with us, even though we were no longer in town.
We had such a great experience working with Nina. She made the process so easy! She presented our options clearly so we were able to make an informed decision to sell our house quickly. She listened to us and paid attention to every detail - HIGHLY recommend!
As a buyer from fair deal, I would recommend them! They were fast in their communication, kind in their interactions and clearly seems to have everyone’s best interests at heart. Working with Tiffany was a great experience. I love working with people who are kind, fair and clear in their communication. I’d recommend them to others, and have! -Dave
Fairdeal Home Buyers is an outstanding company. The process with them was seamless with no surprises at all. They closed in a timely fashion and I received my asked for my property.
I am very happy with the service I have receive from Fair Deal Home Buyers. The whole procces has been very simple and easy to understand. I'm moving in from out of state and i don't think I could have found a easier and better way to move in to my new home. Thank you so much.
I recommend Fair Deal Homebuyer well detailed information about what to expect from them it was fast deal they offer and we agree .It was really fast and fair
They are great to work with. Professional, kind, responsive and straight forward. I learned getting a cash offer for a house does not have to be complicated or take a long time, thanks again!