Going through Foreclosure in San Luis Obispo County CA?
We’ll buy your property immediately.
How We Protect You From Foreclosure
1. Let's Get To Know Each Other
Foreclosure is a hard, grueling creature to beat, so we need all the information you can give us. It’s all about the remaining time you have until foreclosure. We’ll need your contact details, and your property address so we can start working for you. When you’re finished with that, you should receive a phone call from us within the next 24 hours. Enter in your information by simply filling out the forms at the top or bottom of this page, and if you can’t wait – give us a call at (657) 206-0121.
2. The Cash Offer For Your SoCal Home
After we have figured out your situation, and we know what we need to do, all we need to accomplish is the creation of a cash offer for your SoCal property. We’ll make sure that your offer covers the cost of your foreclosure, and it might have some additional money in it for yourself
as well. Give us one to two business days to make an all-cash offer for your SoCal home, and we guarantee that you’ll be taken care of first
3. Defeating Foreclosure
Once you say “yes” to our offer, we can officially move forward with you, and we can begin the process of giving you money for your SoCal property. Once everything is finalized, you have officially saved yourself and your family from foreclosure. You can celebrate with your family, and you can leave the clean-up to us.
Escaping From Foreclosure In Southern California
1. Sale Documents
After you have finished accepting the offer, you will receive a seller's document. Time is of the essence, so if you need help understanding the paperwork, we'll come over to help. Please read over the documents carefully, and if you need any additional help, we're a simple call or text away.
2. Get out of Foreclosure, By Getting into Escrow
After you have signed and returned your seller documents, make sure to look out for a call from our escrow company. They might have some more paperwork for you to sign and return - but it should be fairly easy.
Once you have returned all the documentation back to us, you are now free from the clutches of foreclosure! Great job! Just be sure to pay off your loan, before you spend any of the money. You have two options now, to either get your money through wire transfer, or you can pick up a check.
See How We Stopped Foreclosure in San Luis Obispo County For This Client
“You saved us… thank you so much!”
And we’ll save you too. It doesn’t matter how close you are to foreclosure, we’ll try to help you in any way possible. We’re here to help those who don’t have that many options left. In doing so, we’re giving homeowners a new life, and some extra cash to help them with their adventures.
We make it easy to sell your Southern California home - and in times of need, we’ll be there for you.
How Long Does A Foreclosure Take In San Luis Obispo County
Foreclosure takes different times within different counties. However, in San Luis Obispo County it takes anywhere from 120 days at the minimum, to 200 days or more to conclude.
That means (sparingly), you have about 3 months to get yourself out of foreclosure should the process begin. That’s why we recommend that if you’re anywhere from 4-6 weeks away from foreclosure – we can help. Our process is fast and simple, but time is not your friend here.
Can I Sell My House to Avoid Foreclosure?
You sure can. However, it takes an average of 3 to 6 months to get your home sold on the MLS within Southern California. On top of that, you need to spend money to stage, market, and you will have to give a 6% commission to your real estate agents after your home is sold. Your home will also need to be in great condition, lest you pay for repairs to be done – which will also take away more money from your pocket.
There is only one true way to save yourself from foreclosure…
How to Stop Foreclosure in San Luis Obispo County
The one true way you can save yourself from foreclosure is by working with an all-cash buyer – like us! The reason being, we don’t need the home to be repaired, renovated, and we don’t have any commissions.
We’ll pay for your home directly, so you can pay off the bank, and if there is additional money in our offer – you’ll be walking away debt-free and with additional cash in hand.
We can close in as little as 4 weeks, more than enough time for you to get out of foreclosure, as long as you prepare correctly.
Short Sale vs Foreclosure
Here are some differences between a Short Sale vs Foreclosure:
Short Sales are voluntary, and they require approval from the lender. A short sale is when a distressed homeowner sells their property for less than the amount due on their mortgage. From there, you will need a buyer (a third party) who can buy the home, and then all of the proceeds will go to the lender/bank.
From there, the bank/lender can either forgive the remaining balance left on the mortgage, or the bank/lender can place the former homeowner through deficiency judgement, which will require the former homeowner to pay the lender all or part of the difference.
In essence, short sales aren’t half bad. But the bank doesn’t necessarily need to forgive you. Either way, by selling to an all-cash home buyer, we will work our hardest to get you the money to pay off the entirety of the loan, with some extra cash if our offer allows for it. This means that you can get out of the foreclosure process with more money in hand, and you won’t have to deal with the lender again.
Foreclosures are involuntary, and the lender takes legal action upon you to take control of your property, and then sell it. If you get foreclosed upon and it finishes the process, you will then have an immediate effect upon your credit score and your borrowing capabilities for the next seven years.
You have to escape foreclosure – because if the process fully goes through, you’ll be in deep water for almost a whole decade.
Let us help you get to the sunny side of Southern California, by giving you the money you need to get out of foreclosure, and to restart your life.
Click below to contact us, and fill out some information so we can help you.