Can I Sell My House in Negative Equity?

Published on September 13, 2013 by Danko Puskaric in News, Selling

If you’ve asked, “Can I sell my house in negative equity” chances are that you have run into some serious issues selling your home. Those who are asking that question are people who owe more on their mortgages than their houses are worth. If you are trying to sell a house in negative equity, you know that it is difficult to do and even more difficult to make any money on it. If you do a quick cash sale, or any sale, when you do not have enough equity, you could end up not even being able to pay back your mortgage.

Asking an estate agent “Can I sell my house in negative equity?” will not get you far. With the market in it’s current condition, houses sold traditionally through an estate agent are sold at a discount. In fact, the houses are sold at a discount after making possibly costly cosmetic repairs. After the house is sold, the estate agent requires a hefty fee for his or her services. So, if you’ve asked an estate agent “Can I sell my house in negative equity?”, he or she should have answered “Yes, but you will lose money”.

So, How Can I Sell My House in Negative Equity?

Fortunately, we have a way of helping. If you are wondering: “Can I sell my house in negative equity?” the answer is yes. Basically, we take over the mortgage payments on your house with the option of buying the house in the future. We pay any maintenance fees and all mortgage costs. When the market picks up in the future, we will buy the house at the price of the property when we made the agreement. The end result is as if you had sold your house. You could be moving out of your house in as little as 7 days and be free of the mortgage payments and all responsibilities of the house.

How We Can Help

We just talked about how we can help even if you have little or no equity but we also can help in other circumstances. If you need to sell your house quickly due to relocation, facing repossession, cash flow problems, getting ready to upgrade to a better suited house or any other reason, we can work with you to get you a quick cash sale and get that cash in your bank.

We will have an offer to you in 48 hours. We then can get your house sold in just few days. If you have little or no equity, we can take over your mortgage payments with an option to buy the house in the future. No matter what your circumstance, we will work with you.

Ready to get the cash you need from your home? Fill out our easy online form NOW or give us a call. We are here to provide you with honest, fast and reliable service.

About the author

Danko is IT professional with big passion about properties from young age. He is based in Manchester where he actively investing in properties and helping others to sell their houses.

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