Homeowners Need Not Feel Compelled to Give their House Back to the Bank in Columbia

Homeowners defaulting on their mortgage payments will be charged fines and sustained default will lead to a bank seizing possession of the house. There is nothing a homeowner can do when the bank eventually sends the notice to evict. But there is an option that can prevent this inevitability. That is to sell the house before the bank gets to move in and take the property away from the owner. When banks take houses back due to default, the owner gets nothing and one also loses their home. Dependable Homebuyers has an option that can help homeowners to not feel compelled to give their house back to the bank in Columbia.

The We Buy Houses company based in Columbia, founded and owned by Evan Roberts, has announced that it is buying properties from homeowners who are in default or may be defaulting on their mortgage. No one has absolute control on their financial wellbeing. Unforeseen problems can disrupt well thought out plans. Those who default are often helpless and do not have a financial solution to the problem. Intermittent defaults are costly as the fines are steep. Sustained default is definitely going to cost the property and a homeowner has to move on without any return on the original investment in the form of down payment or the subsequent payments made towards the home loan.

Dependable Homebuyers is proposing to buy residential properties from defaulting homeowners, regardless of how much is owed to a bank and what stage of default they may be in. The company has the ability to make an upfront offer. The purchase offer can be available in as little as twenty four hours after the viewing. Read the recent press release they published. According to Evan Roberts, they are capable of closing the sale in one week. Defaulting homeowners can sell their properties in seven business days and move on with a secured return before banks get to swoop in and take possession. The proposition of Dependable Homebuyers is the only pragmatic way out of a sustained default that will compel homeowners to give up their houses.

Dependable Homebuyers has a history of buying houses in any condition. They are continuing this policy for defaulting homeowners as well. There is absolutely no need to repair anything, even if the property is not in the most desirable state. The company will assess the fair price of the house depending on its present condition. Homeowners do not have to invest any more money into a property. This is also unlikely since defaulting on mortgage implies the homeowners do not have much money to spare. It is this that makes selling such houses in the open market difficult. Realtors often fail to sell properties that are not in the best condition. They also charge a hefty commission. There is a closing cost to bear as well. None of these costs or charges is relevant for homeowners when Dependable Homebuyers acquires the property. This ensures a higher return on investment with absolutely no financial obligation or otherwise for defaulting homeowners.For more information about the company and the services they provide visit their website at https://storage.googleapis.com/dependable-homebuyers-maryland-columbia/index.html.