top of page

Why You Shouldn’t Wait to Sell Your Home

If You’re Behind on Payments

Missing mortgage payments doesn’t just threaten your home – it puts your financial future at serious risk. Here’s why acting sooner rather than later is so important:

  1. The Impact on Your Credit:
    Every missed mortgage payment negatively affects your credit score. If your home goes into foreclosure, the damage is even worse. A foreclosure stays on your credit report for seven years, making it difficult to secure loans, rent a home, or even get certain jobs.

  2. Losing Your Equity:
    Foreclosure doesn’t just take your home; it can erase the equity you’ve built over years. The bank adds late fees, legal fees, and inflated charges from their attorneys. Once your home is seized, they sell it to recover their costs – often at a price that leaves you with little or nothing.

  3. Legal Fees and Costs:
    The attorneys working for the bank are not on your side. Their inflated fees can wipe out the value of your home, leaving you with no equity or even a debt after the sale. Acting quickly can prevent this outcome.

If Your Property Is Sitting Vacant

A home left unmaintained can lose value rapidly. Here’s how:

  1. Structural Deterioration:
    Even small issues like a leaking roof, cracked foundation, or pest infestation can worsen over time, leading to costly repairs and a significant reduction in property value.

  2. Decreased Curb Appeal:
    A vacant home can quickly lose its market appeal due to overgrown landscaping, peeling paint, and general neglect. This often makes it harder to sell and reduces the price you can get.

  3. Equity Loss:
    Ignoring these issues only compounds the problem. By addressing the situation now, we can help you preserve your home’s value and secure your equity before it’s too late.

Ways We Can Help You

Fast, Hassle-Free Home Sales to Stop Foreclosure

 

We specialize in quick sales that help homeowners avoid foreclosure and its devastating effects.

  • Close in as Little as 7 Days:
    We can buy your home quickly, often closing within a week. This prevents the bank from taking legal action and protects your equity.

  • Avoid Foreclosure:
    By selling to us, you can avoid foreclosure entirely, keeping it off your credit report and preserving your financial future.

  • Set Your Price:
    Selling your home on your terms allows you to control the price, unlike foreclosure, where the bank sells your home at a value that only serves their interests.

 

Helping Homeowners Underwater on Their Loan

 

If you owe more on your home than it’s worth, foreclosure isn’t your only option. We offer a solution:

  • Subject-To Sales:
    In a subject-to sale, we take over your mortgage payments and catch you up on any overdue amounts.

  • Rebuild Your Credit:
    We can continue making payments on your behalf for 12-24 months, allowing you to repair your credit and move forward without the burden of foreclosure.

  • Move on to Your Next Adventure:
    You don’t have to stay trapped in a home you can’t afford. Our solutions give you the freedom to start fresh.

 

Assisting Families with Elderly Parents

 

We understand the challenges of selling a home to fund nursing care or other support for elderly parents.

  • We Buy Homes in Any Condition:
    Whether the home needs updates, repairs, or a full renovation, we’re not afraid to take on the work. With decades of home improvement experience, we know how to transform even the most neglected properties.

  • Quick Access to Funds:
    We provide fast, fair offers, helping you secure the funds your family needs to care for your loved ones.

  • Stress-Free Process:
    Let us handle the heavy lifting. We make the sale process as easy and straightforward as possible.

 

Helping Families Resolve Inherited Properties

 

Dealing with the property of a loved one can be a sensitive and overwhelming task.

  • Guidance Through Probate:
    We have extensive experience navigating the probate process and can guide you every step of the way, ensuring everything is handled correctly and efficiently.

  • Fair Offers for Any Condition:
    Whether the home is outdated, in need of repairs, or simply no longer practical to keep, we provide a fair price that honors your loved one’s hard work and legacy.

  • Sell from Anywhere:
    If you’re out of state, we make it easy to sell without traveling to Maryland. Our process is designed to minimize hassle and maximize convenience for you.

​

Let Us Help

At New American Realty, our goal is to help you move past challenges and onto a brighter, more hopeful future. No matter your circumstances, we’re here to find the solution that works best for you. Contact us today to learn more about how we can help!

Contact

I'm always looking for new and exciting opportunities. Let's connect.

info@mysite.com

123-456-7890 

bottom of page