Imagine this, you've been paying on your home for some time now but you still owe on it. It's truly your dream house everything with it is perfect, but then life happens. You are expecting a baby suddenly that dream house is too small for your growing family and you decide to move to a bigger home. With Mortgages ranging from the 15 to 30 year mark to fully pay off you are probably stuck with a loan that isn't paid off.  So what happens now? Do you have to bear this home that's too small for your home until it's fully paid off? Absolutely not, there are multiple ways to sell your home even when you owe on your home.

In short, yes, you can sell your home at any time especially in Texas. You may still be responsible for the remaining portion of the loan, any liens or judgements against the home, and selling fees associated with it. It would be wonderful to walk away from the sale of your home with some money in your pocket but this isn’t always the case especially if you sell the home through a realtor. When selling with the realtor you have to deal with realtor fees (about 6% of the sale), Mortgage company fees (1-3% of the sale price), inspections or repairs, along with a variety of other fee’s. In contrast to that when selling to an investor you generally have just the closing fees and loan payoff’s which varies depending on your situation.

There are many ways to sell your home while you still owe on it. Most people list their homes with a realtor, others try selling their home by themselves, but the best way is to sell your home to an investor like us. The reason for this is because we can offer a quick closing with no headaches, all-cash offers so nothing can fall through, and we even buy houses that may need repairs unlike selling it traditionally. With traditional home sales you can pay thousands in fees whereas with investors you can put those thousands in your pocket.

This is actually the best time to sell lif you really need to though I would encourage you to consider other options before selling like working with your bank on a repayment plan. However, if you’ve exhausted all other avenues this is the best time to sell before you enter the foreclosure status since it will give you more leverage as the homeowner. The best way to get out of default when selling your house is with an investor in my opinion since we can close in as little as 7 days. You can try to sell your house on the traditional market but be aware that you will still have to make some payments or deepen the amount that you owe the bank in the meantime.

If your ready to move on to not worry or go through the hassle of selling your home the traditional path with all the fees.  Talk to us we are ready to give you an all cash offer for your home that can close in as little as 7 days with little to no fees.