If there is one certainty in life, it may very well be that nothing is certain. Each day, homeowners across the country find themselves facing unexpected scenarios that have the potential of changing everything, including their ability to continue living in their current home. In part one of a two-part series, today we will discuss a few situations that may impact your ability to stay in your home, as well as how selling your home quickly may be the solution you need.
Are you a resident of the Kansas City area who is looking to sell your home as quickly as possible? Could you benefit from an all-cash real estate transaction? If you answered yes to these questions, contact KC Property Group at 816-286-4204 today to learn about our innovative real estate solutions!
Change in Employment
If you have ever found yourself suddenly faced with an unexpected job opportunity or loss, you know how easily your life can be turned upside down. Receiving a job offer in a different state may mean that you need to relocate within your employers requested timeframe. Likewise, if you have lost your job and you are unable to secure other employment easily, you may not be able to afford the mortgage on your current residence. In either case, selling your home quickly can help you find another house that suits your new employment status.
Inability to Refinance
Aside from a change in employment, there are many reasons why homeowners might be unable to afford their current mortgage. Many homeowners explore refinancing an existing mortgage or some other kind of loan modification to make monthly payments more affordable during times of financial difficulty. Unfortunately, not all will be approved for the mortgage solutions they apply for, and if they aren’t, they may find themselves in a situation that necessitates a quick sale of their home to ease their financial burden.
Extensive Damage
If you’re like most homeowners, you may become anxious at the thought of your home being damaged by a house fire, a sudden deluge of water, or even severe weather. Nobody likes to think of something catastrophic happening to their home, but the reality is that this type of damage does happen to homes, and it could happen to yours. Most homeowners have insurance to help them with expensive repairs, but some do not. If your home has significant damage that you’re unable to repair, selling it “as is” may be an option for you.
KC Property Group is a premier property investment company in Kansas City, and if you have a damaged home that has become a financial burden, we can help. We buy houses in any condition, and if you are interested in selling your home “as is,” contact us. We’ll schedule an appointment to complete an in-person assessment of your home and provide you with a cash offer shortly thereafter. It doesn’t get any easier than that!
Looming Foreclosure
Homeowners can quickly find themselves at risk of foreclosure if they are unable to make their monthly payments. Foreclosures remain on your credit report for seven years, and they can prevent you from securing the financing you need to purchase another home in the near future. The U.S. Department of Housing and Urban Development (HUD) offers several forms of relief for struggling Missouri homeowners, but some may find it easier to sell their home as quickly as possible to avoid the hassle.
Divorce
Just as employment and financial situations can change for a family, so can a couple’s marital status, and when couples find themselves divorcing, they must consider their shared assets. Many times, this includes their house, and if one spouse cannot afford the home without financial assistance from the other, it may be in the couples best interest to sell. If you’re currently going through a divorce, selling your home quickly may provide the financial resources you and your spouse need to start anew.
Thinking About Selling Your Home?
If you’re unable to stay in your current Kansas City home for one of the reasons we discussed today, you should know that there is a solution outside of listing your home on the traditional real estate market. To learn more about selling your home quickly for cash, contact the home investors at KC Property Group now at 816-286-4204. We look forward to helping you.