Sometimes sellers want to avoid the public exposure of a traditional sale. Keeping the property clean for multiple showings and open houses can be a real hassle. If the property has fallen into disrepair, not only may it not qualify for lender financing, but can be a source of embarrassment for the seller. In these situations, the seller may elect to sell via a cash buyer.
Reasons For Selling
If you have a property with code violations, Urban Street would love to make you an offer. As many cities make pre-sale reports mandatory, unpermitted additions and illegal modifications are no long tolerated by city officials. Our construction crews are familiar with building code and can assume responsibility for all violations.
If the lender files a notice of default, the clock starts ticking for the property owner to resolve their delinquency. This becomes more critical if the notice of trustee sale is recorded. As one of your biggest assets, it behooves the property owner to find a solution. If you get behind on your mortgage, don’t jeopardize losing the equity in your property. Urban Street is a cash buyer that can provide a hassle-free alternative to potentially losing your property to the bank. We will tailor the terms of a purchase offer that meets your timeline and other needs.
Hoarder houses typically don’t make good candidates to be sold using traditional real estate marketing. Cash buyers are ideally suited for this type of purchase because they look past the current property’s curb appeal and focus on the potential of the property. Urban Street is ideally suited to buy these types of properties. We can structure a purchase to take responsibility for all items left behind at the property.