How to Stop Foreclosure in Wichita, Kansas
Are you behind on your mortgage payments? Do you lack the means to keep your house? You may be considering bankruptcy, a payment restructure, or even allowing your house to go to foreclosure. However, all of these options can put a tremendous burden on you and your family. A better option may be to sell your house for cash in Wichita, Kansas.
Selling your house to a local house buyer is the fastest way to avoid foreclosure. Blue Sky Properties can close on your house and put cash in your hand in as little as 7 days. This is a far better option than trying to put your house on the market and waiting months for it to sell. If you need to get out from underneath your mortgage right now, then contact us today.
We Provide the Quickest Way to Avoid Foreclosure
Step 2: Get a Cash Offer
If we are interested in buying your property, we’ll make a fair, no-obligation cash offer. We make most offers within 24 to 48 hours.
Step 3: We Pay Cash for Your House
If you accept our offer, then you schedule a closing date that is convenient for you. We pay all closing costs and put cash in your hands in as little as seven days after closing.
What is Foreclosure?
Foreclosure is a legal process in which the bank attempts to recover that you owe on a mortgage loan that has gone into default due to late payments. Instead of forcing you to catch up on the payments, the lender may attempt to take ownership of the property and sell it. The terms of the foreclosure are typically outlined in your loan contract.
The laws in Kansas give lenders the right to take ownership of a house for late payments or breaching other terms of the contract. Foreclosure can affect your life and your family in the following ways:
You lose your property with nothing in return.
The foreclosure remains on your credit report for seven years.
If the lender sells the house for less than the balance of the loan, you may still be responsible for paying the remainder of the balance.
You may not be able to purchase another home or get credit for up to three years.
Foreclosure on your credit report can keep you from getting certain jobs.
Avoid Foreclosure: Sell Your House for Cash
You may be looking at options that help you avoid foreclosure such as loan reinstatement, debt restructuring, bankruptcy, or forbearance. However, these options can only make matters worse. They require long, drawn-out processes in which you may have to hire a lawyer to challenge the bank. Plus, they may not solve the underlying problem: your inability to make the payments on your house.
A better solution may be to sell your house for cash to a local house buyer in Wichita, Kansas. There are several benefits to selling your house for cash, such as:
Sell your house faster – in as little as 7 days.
Avoid closing costs, realtor commissions, and marketing costs.
We buy your house as-is with no need for repairs or renovation.
Avoid showing your house multiple times.
Save your credit by avoiding foreclosure.
When you work with a local buyer, you can unload your property quickly without incurring hundreds of dollars in selling costs. You can also get rid of your property before the bank takes over your house.
Sell Your House for Cash in Wichita, Kansas
Avoiding foreclosure is easier than you think when you sell your house for cash. Blue Sky Properties can assess your property, make a cash offer, and put money in your hands in as little as 7 days. Call (316) 202-4249 to schedule a quick walkthrough with one of our local house buyers. Sell your house fast for cash in Wichita, Kansas.