Inherited a House?

When a loved one passes and leaves behind the property, the parcel recipient can become overwhelmed with the process. Often a loved one gives owing debts that must be satisfied with the estate, including any inherited property.

A creditor or lender can initiate probate sales to help satisfy outstanding debts, leading to a lower closing price than a private sale.

When a loved one passes and leaves behind the property, the parcel recipient can become overwhelmed with the process. Often, one gives owing debts that must be satisfied with the estate, including any inherited property.

When the property is inherited, a homeowner is responsible for two mortgages in most situations. To relieve the stress of maintaining a second property, contact Capital Properties so we can step in and provide immediate cash relief to an already difficult situation.

Heading to Foreclosure?

Homeowners behind their mortgage payments and close to having their home foreclosed on are often able to sell their home after a notice of default is filed by their lender and a foreclosure takes place.

A short sale is a common practice between a homeowner and a lender in which a buyer can submit an offer for approval by the lender. This process allows a homeowner to avoid having a foreclosure on their credit report for seven years.

Not all pre-foreclosures need to be initiated by the bank or be a short sale. If you believe you can’t continue making mortgage payments, contact us for a consultation with a team member.

Is your house valued for less than your current mortgage?

Many times, a homeowner may owe more to their lender than the value of their home. In this situation a homeowner is considered Underwater because they can’t sell their house at market value and satisfy the commitment to their lender.

If you find yourself in this position, it may be hard to refinance or even sell your home to a traditional buyer because of the amount of cash due to your lender at closing.

Don’t let being underwater prevent you from selling your home. Instead, reach out to us for a consultation with a team member to discuss….

Are there large repairs that are too expensive?

Homeowners don’t always have the finances to make necessary repairs to their house. Over time these repairs can create an overwhelming situation where a homeowner has no choice but to try and sell their home.

Extensive damage to a home makes it difficult for a buyer to receive an appraisal to buy the home at market value. This makes it difficult for a homeowner to sell their home.

The way to sell a home with extensive damage that requires repairs is to reach out to us for a consultation with a team member. We specialize in low-cost repairs allowing us to offer significant value for your home.