In Kansas City, we have "We Buy Houses" type establishments all over the place that are typically set up for purchasing houses from people in your situation. You might google that in your area. Hope this helps!
2007-02-13 04:02:46
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answer #1
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answered by Jodi C 1
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Greed and "Heard Mentality" pushed human beings into homes they could no longer arise with the money for. So the mortgage re-instruments in 3 years??? no longer to rigidity, we may be able to promote this homestead for one hundred,000 more beneficial than we offered it for and income huge time. regrettably, actually everyone else also become doing the exact same element. even as actually everyone receives on one area of the boat, the boat capsizes and really everyone appears to be like in the water. the persons who can swim (have a money cusion) make it, actually everyone else drowns (information for financial disaster, or does a short sale). P.S. I blame the Federal Reserve. this entire mess would were prevented if the Federal Reserve would have lengthy previous to the banks and stated "everybody using for a Sub-properly mortgage is had to qualify no longer on the teaser price notwithstanding the completely adjusted price after the third twelve months." At that factor the marginal customers would were locked out of the marketplace and we would not be seeing the carnage we are seeing in the present day. in case you imagine this housing correction is purely about over, imagine lower back! (I.E. make yet another choose) seem on the mortgage resets for the subprime mortgage marketplace next twelve months. Aug (07) fifty 2 Billion money Sep fifty 8 Oct fifty 5 Nov fifty 2 Dec fifty 8 Jan (08) 80 Feb 88 Mar one hundred ten!!! WOW Apr ninety 2 would seventy 2 June seventy 5 July 50
2016-11-27 20:08:04
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answer #2
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answered by Anonymous
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There are different strategies for different status points. For example, how many notice of default letters have you received? Are you in pre-foreclosure or have you been notified of a Trustee's sale on your home? Furthermore, if you wish to stay in your home or wish to move, you will sell your home using a different approach. Lastly, the laws in your state will determine what recourse you have. If you'd like more information, contact us at jklrealtygroup.com or email us at jklrealtygroup@briorealty.com
2007-02-13 02:38:37
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answer #3
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answered by Anonymous
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Try ERA Real Estate. They have a program where they will buy your house at maybe 10 - 15% below market (so they can resell it).
2007-02-13 02:25:54
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answer #4
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answered by travelguruette 6
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I would actually investigate a bailout program or hard money lender first. If you haven't been down this road already, check out the free evaluation form at
www.totaldebtsolutionsllc.com
2007-02-13 10:39:54
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answer #5
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answered by CALIFORNIA GOLD 3
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contact a local realtor and ask them if they have any clients who are involved in "short sale" houses. They're out there.
In my area, there is one who buys for cash, usually does some work on them and flips them. They are out there.
Check out www.stratilis.com.
2007-02-13 02:30:20
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answer #6
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answered by Insurance Biz CT 5
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Have a flash auction. Advertise in Sunday's paper and sell it Monday.
2007-02-13 02:25:59
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answer #7
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answered by Anonymous
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Sell it on e-bay!
2007-02-13 02:25:18
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answer #8
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answered by workingclasshero 5
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if your house is in forclosure... you can not sell it to dump it...cause it has been repossessed by the bank... and it is not yours anymore...only the debt is yours..
so if you could dump it......... you would still be responsible for the debt left owing
2007-02-13 02:26:30
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answer #9
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answered by Anonymous
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