liens on the property Archives - JAVE Investments LLC

10 way to stop foreclosure

Avoiding Common Mistakes When Buying A Foreclosure

Donald Torrence | July 18, 2020

What To Know About Buying A Foreclosure Buying a foreclosed home can land you an excellent deal below market rate, but the process can be complex and is not for the faint of heart. But with a little research and guidance, it is possible to buy a foreclosed property and get a great deal on […]

Typically, investors offer to purchase a property “as is,” many times sight unseen. As a seller, that allows you to avoid any costly repairs that would normally be considered your financial responsibility.

Forbes.com
Investors don’t typically need to go out and get a mortgage, and you won’t be anxiously waiting for the bank to decide whether your buyer can get a loan. They typically pay cash, and because they don’t need a mortgage they can close the transaction much faster than a more standard buyer. Generally, closing is less than 30 days for an investor, and it can be within just a couple of weeks in a lot of cases.

BiggerPockets.com
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Did you know there are 9 ways other than a mortgage modification that can stop a foreclosure? Let me tell you about them. I’m not trying to sell you anything, I am not a realtor trying to get a listing. I just do not like how banks treat people when they are having some bad luck. I am speaking from experience.