With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Salem anyway? Many homeowners across America and Salem are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will […]
Tag Archives | foreclosure-process
Understanding the foreclosure process in OR is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. But just know that it’s not […]
Hear What Others Have To Say…
Mel & Katherine
"We're ready to cut back and retire soon. It's time to sell our 6-plex.""We manage our own properties and do all the work ourselves. It's hard to take a vacation. It's time to sell one of our properties and not work so hard. We're in our 70s now. We're ready to cut back and retire soon. We've owned this 6-plex for 12 years. We've made some updates, and tried to keep up on the repairs. It's generally in good shape. We've spoken to our CPA and have a plan."
"So you want to buy rentals?? We're happy to sell to you!"
"I was able to sell quickly on terms that made sense."
"I bought this property about 10 years ago, and rented to family members. After one of the family members passed, and the other one moved out, the landscaping had really gotten out of control.
It needed a LOT of yard clean up and some updating. I work a lot and just didn't have time to clean it up or to manage tenants. I wanted to sell on contract. I was able to sell quickly on terms that made sense.
I'm happy with the sale!"
"After my parents passed, my siblings and I had been cleaning up their property."
"We could have gotten estimates, hired a contractor, split the cost of fixing and remodeling it, then listed it and sold it... but we'd probably just break even on getting our cost back. There was a lot to do, and it would take awhile to get the work done, especially if we tried to do some of the work ourselves.
We just didn't have the time or extra money to put into it. It made sense to just sell it as-is for cash, so we could all move forward. It was a relief."
"We're so glad someone who cares bought it..." "It was in bad shape for awhile. There was a lot of tenant turnover. We're so glad someone who cares bought it and fixed it up. It looks so much better now."
"Even though it was a challenging situation, you stayed on top of things and really worked though the process with me."
Thank you so much.
Joel & Janette
"You were the first person to take the time to really listen to us and what we needed.""We wanted to fix up the house and sell it, but we didn't have the time or money to do that. Our family and friends are in South Salem, and I work in Salem too. It's hard to afford the commute from Woodburn each day. It's also hard to work on the house with 3 young kids running around, so a lot of things still need finished and fixed. Rather than get behind on the payments, we decided it was best for our family to sell it now as-is. It was a relief to know the closing date and be able to make plans. Now we can make a fresh start."
"You were so much nicer than the other companies we spoke with. You were the first person to take the time to really listen to us and what we needed. Then you were honest and stayed in contact through the whole process. Thanks for being so great to work with! We completely recommend you and your business to anyone."
"Closing was easy and went pretty smoothly, and the price was fair.""It's the last of a bunch of rentals we needed to sell. We didn't have the time or money to fix it up and keep it as a rental. We needed to get out of the landlord business.
It's good to be able to move on.