You may remember the good ole days when you could list a house, and someone walked up to you with the cash in hand. When the economy was strong, many people had large amounts of money in savings that could be used for a house or at least the down payment. However, things aren’t what they used to be, and most people have trouble getting a loan to cover the listing price.
Selling through traditional means requires you to put a lot of effort and money into your home and take the time to wait for someone to be interested. Getting cash for houses in Portland is still possible, but it often requires you to use an investment company. These companies purchase homes for less than market value and give you cash when the deal goes through, and the paperwork is complete.
No Reason Denied
You may be going through a financial crisis, such as a bankruptcy or foreclosure. These cash-for-homes companies don’t mind and can help you through this challenging time. It is feasible to sell your home to pay off the mortgage so that you do not have a foreclosure on your records. You may also choose to sell your home to help pay debt to avoid bankruptcy.
You may want to get rid of a house because it has many bad memories. You may have been divorced, lost a loved one, or have other memories associated with your home.
Sometimes, the house has a variety of issues that you do not want to fix. They can be so problematic that you ca not live in the house, but investment companies are likely to take it anyway because they have the time and money necessary to make those improvements. You offload a house that does not fit your needs, and the company can resell later to make a profit. For more information contact PDX Renovations LLC.