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What is a Pre-Foreclosure in Eagleville TN?

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 Eagleville anyway? Many homeowners across America and Eagleville are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying the homeowner to pay or lose their home. This period is known as “pre-foreclosure.” Banks and mortgage lenders typically provide three months for the homeowner to become current.  Of course this number can vary by bank and situation sometimes. If a homeowner fails to make the necessary payments, the bank will foreclose on the home, assuming ownership, and evict the homeowner. Thankfully, during this stage of the foreclosure process, a mortgage holder has the opportunity to take advantage of several options to prevent losing their home. Pre-foreclosure Options for Borrowers If you’re behind on mortgage payments, you’re likely to receive a “notice of default” from your mortgage lender. This document will state that you have not made mortgage payments for the last 90-180 days. It’s important not to panic. You have options that can delay or even prevent losing your home: If your mortgage is “above water,” (meaning you have equity in your house) you may be able to refinance your mortgage, receiving lower monthly payments.  Check with your local Eagleville mortgage broker… or contact us and we can connect you with a reputable one. You may be able to quickly sell your home to a real estate investor that’s reputable in Eagleville like us at Tennessee State Home Buyers, using the cash acquired to pay the months of back-payments owed (or we *may* be able to work out something with the lender that relieves all or part of your back payments.We can buy your Eagleville TN area home quickly, often in just a week or two, will pay in cash, and takes the stress out of trying to find a buyer. You can contact the bank and ask them to permit a short sale. In a short sale, you’ll sell your home for less than it’s worth, and the bank will take the loss as a tax write-off.  In some short sales you may still be required to pay the difference to the bank if the house doesn’t sell for what is owed on the loan. You may be able to declare bankruptcy, which can buy you time to pay your debt. Bankruptcy will remain on your credit report for years, and can cause significant damage. Lenders are very much aware of the widespread financial troubles across the country and they’re willing to work with borrowers a lot of the time. If you’re honest and communicate with your lender, you’ll often find that there are options that will allow you to remain in your home, or at least salvage your credit rating. A foreclosure can often negatively affect your credit score by 200-400 points and can prevent you from obtaining a loan of any sort for 5-7 years, so be very dutiful if you’ve received a Notice of Default from your lender. But if you’re not able to find a solution with your lender working directly with them… connect with us. We may be able to help. Ways We Can Help If You’re In Pre-Foreclosure We can potentially help with a short sale – Submit your info on this website so we can evaluate your situation to see if we can help. We can buy your Eagleville area house – We buy houses in Eagleville and would love to make you an all-cash offer on your house too. Just fill out the form here to get started >> You can ask us questions and we can provide you FREE guidance and resources so you can make a well educated decision. This costs you nothing, there’s absolutely no pressure, no obligation… just free guidance without a catch. If you’re in the pre-foreclosure stage… you’ve still got time to fix this situation. Just connect with your bank to see if they’re willing to work with you… or contact us if you’d like to see what we can buy your house for or to tap into our free foreclosure foreclosure resources.

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How to Find a Good Real Estate Agent in Walterhill TN?

Hiring a real estate agent in Walterhill can be frustrating. So what are the steps on how to find a good real estate agent in Walterhill TN? Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Walterhill. However, the agents backed by the most promotion dollars aren’t always the best, and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Walterhill. [NOTE: If you need to sell your Walterhill house fast and can’t wait the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ] How To Find A Good Real Estate Agent In Walterhill – Get Reviews… Real Reviews Online reviews of real estate agents are easily manipulated, and can be often times little more than paid advertisements. It’s important to get honest reviews from any agent that you’re considering, and any reputable agent will be glad to provide you with recent clients. Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace. As a last way to check out the agent… hit Google and type in “[name of agent] reviews” and see what pops up in the Google search. If you see a bunch of bad reviews on websites like yelp and others… see if the agent tried to engage with those negative reviewers online to resolve the situation. Ask the Right Questions Of The Local Walterhill Real Estate Agent Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill, and ability to represent you as a buyer or a seller: Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with? What was the asking price? What was the sales price? What properties have you worked with in my location? What about similarly sized properties? It’s important to choose an agent who has experience working with homes similar to yours. Check The Real Estate Agent’s Credentials Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent. You should also ask the agent how long they’ve been buying and selling homes. If they’re representing an agency, ask how long they’ve been with that particular agency, and their history with other firms. Above all, it’s important to choose a real estate agent in Walterhill that you can trust. Regular communication is extremely important when selling your home, as in many cases, a house represents the majority of your net worth. A good agent will be able to answer questions such as: How many inquiries have been made about my home? How many of these inquiries came from people likely to make a purchase (not just window shoppers)? What other properties in this neighborhood are for sale? What is the asking price of those homes? Ask The Local Real Estate Agent How They Plan On Selling Your House Sometimes going the direct route is the best. In the case of looking for a local Walterhill TN real estate agent, ask them how they intend on selling your house for you that the other agents in town won’t do. And see what their answer is. Usually the great ones actually have a marketing plan and will get your house out there and on the market in a big way. This Is Where Low Priced Isn’t Always The Best Often times Walterhill TN home sellers want to go with the lowest priced option. Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees just to 1 real estate agent (usually both agents representing the buyer and the seller earn commission)… it isn’t cheap.  But just really do your research before you go with a cut rate agent or a flat fee agent… because that usually means that the service you’re getting is also a lower level service. Some of the best real estate agents in Walterhill have great marketing systems and are able to sell homes faster and for higher prices.  So even if you find someone to sell your house at a 1.5% fee… look long and hard at whether you’ll be saving money long term. The same goes for selling your house to a local real estate investor like Tennessee State Home Buyers.  The highest priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you… and ensure they can close on-time… because every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property. It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate can make selling your home an extremely smooth experience, and will work in your best interest. So go out there and do your research and find a local real estate agent. If you need to sell your house fast… we’d love to make you an all-cash fair offer on your house. We can make you a no-obligation offer in 24 hours or less and you can weigh that option against going with a real estate agent. Just click the link below and fill out the short form on the next page to get the painless process rolling.

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The State of the Market for Buyers in Walterhill TN

Is it still a buyer’s market today in Walterhill? As experts in the Walterhill real estate market, we get asked this question a lot. The answer isn’t as simple as yes or no. The State of the Market for Buyers in Walterhill TN First off, it really depends on the property type and location. Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns. Buyers are often looking for the same thing – good neighborhoods, access to transportation, shopping, good schools, close to work, etc. Properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market. But for condos and townhouses – especially those a little off the beaten path, or with some funky features – it can be quite a different story. Prices were down in certain areas of Walterhill, but seem to be rebounding as the rental market increases. Investment properties are in demand. The massive amounts of foreign cash flooding in to invest in US real estate have impacted the Murfreesboro market in unique ways. Overall, those people in a position to pay cash for properties have been picking up the good deals in the marketplace. Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out. Financing is still a major obstacle for buyers. Banks are being incredibly strict, requiring lots of money down and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago. Overall the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle. Sound confusing? It is. But We Can Help. There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once. We’re investing in Walterhill because we believe in the community and the people here. If you need to sell a property near Walterhill, we can help you. We buy properties like yours from people who need to sell fast.

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Help, I’m Behind in My Mortgage Payments in Murfreesboro TN – Tennessee State Home Buyers

We are legitimate homebuyers in Tennessee and we buy houses in Murfreesboro Tennessee, in any house condition. Behind on your mortgage? Read this article for a few tips on what you can do to prevent and avoid foreclosure. When you fall behind on your mortgage payments on your Murfreesboro home, it can feel like you’re drowning in debt. Even if you’re able to make your monthly payment, catching up on a past due balance can be an overwhelming challenge. A few options can help you avoid foreclosure in Murfreesboro and maybe even keep your house, even if you’re seriously behind in payments. Lots of properties in Murfreesboro have been lost to foreclosure, but there are many ways to avoid it. 5 Things You Can Do To Help If you Are Behind In Your Mortgage Payments in Murfreesboro!   1. Bankruptcy This is usually the tool of last resort. If you’re being crushed by lots of debt, bankruptcy can be a good way to negotiate with lots of lenders at once. It’s a lot of work, and it won’t help you avoid your mortgage. Different lenders will treat your circumstances in unique ways. You’d benefit from serious professional help – the best you can afford. 2. Reaffirm This can be a good card to play, but it may come with some unseen penalties. Basically, reaffirming the loan is an additional commitment to pay. In some states where it’s allowed, an affirmation can create additional liabilities if your property is auctioned. 3. Making Home Affordable (MFA) If your mortgage qualifies, you might be able to participate in MHA. Any loans backed by Fannie Mae or Freddie Mac must be considered for MHA, and other lenders choose to participate in MFA. With MFA, your payments and/or interest rates might be lowered – even the principal balance (if your home is worth less than you owe). If you’re unemployed, you might be able to get your payments temporarily suspended or reduced. MFA is a government program, so be prepared to deal with lots of paperwork. It ain’t free money – you gotta work for it. 4. Negotiate with your bank Lots of lenders routinely offer some level of assistance. You have to work hard at it, but you might be able to get your interest rate reduced or a temporary reduction in your payment. Most of the time, lenders will want to steer you to refinance your loan – but by the time you’re a few payments behind, you probably don’t qualify for a reduction in interest rate. You have to work really hard to negotiate with a bank. Usually, it takes lots of calls and the patience of a saint to get through the bureaucracy. Never, ever act rude. Ask for help from everyone you speak with, but don’t sound desperate. Explain your situation, offer supporting documents, and reassure the bank that you want to live in your home for the long term. If you’re in need of a temporary fix and want to stay in your home, most banks can be forgiving. Sometimes they’ll be willing to add a few months of payments back onto the primary balance of your loan. It’s all dollars and cents to them, so remind them that you need their help to give them a lot more money in the long run. If they have to sell your house in Murfreesboro TN at a foreclosure auction, they’ll take a huge loss. That sounds obvious, but for some reason, bankers seem to forget it when saying no to someone in need of help. 5. Borrow money from a private investor If you’re behind on your payments and need to sell fast, we can help. In certain circumstances, we may even be able to help you stay in your home. We work with homeowners in Murfreesboro to find solutions to foreclosure problems. We’ll let you know how we can help. “Can I Sell My House In Murfreesboro At A Foreclosure Auction” If you’re ready to sell your house in TN fast, you’ve come to the right place! We’re experts and we truly enjoy helping others. We want the best outcome for you and your loved ones. If you’re ready to sell your property, great! If you’re looking for advice, we’re happy to provide that as well. We are professional Tennessee home buyers and we offer cash for houses in Murfreesboro in any situation, we love helping sellers sell their house faster, easier, and for no fees.

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Foreclosure notice of default in La Vergne TN- what is it?

We are local homebuyers in Tennessee and if you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading! Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has an interest in the property (any other loans, lenders, or even contractors who are owed money for work done to a property will get a copy). The foreclosure notice of default must also be published in a newspaper and physically posted in a prominent place on the property itself. Although this can be really embarrassing to someone going through foreclosure, it’s actually very important protection for consumers. We buy houses in La Vergne Tennessee and we can help you in any situation. Back before US law required a notice of default, people were sometimes foreclosed on without any warning. In fact, it’s happened even in the past few years – at least one bank has accidentally foreclosed on the wrong property and kicked people out of their house without due process or warning. It’s even happened around La Vergne. The notice of default is a very important step within the foreclosure process that gives people with an interest in the property to step forward and claim their rights – before it’s too late. If you’ve received a notice of default, don’t wait. Time is definitely of the essence, and you should take action. Here are a few key steps you should take: 1) Stay calm and don’t panic This may sound obvious, but it’s probably the most important. Anyone in foreclosure is dealing with a lot of stress beyond just the property. These situations don’t happen overnight, and they take a while to solve. You’ll get through it by practicing good coping techniques and taking good care of yourself and your family. Panic leads to bad decisions, so stay cool. 2) Educate yourself Learn everything you can about the foreclosure process in your state so that you know what’s happening and what’s coming up next. 3) Gather your resources There are also many non-profit and government resources available out there. You’ll want good legal and tax advice along the way. Definitely don’t try to do it all yourself. This stuff is super complicated with lots of rules. 4) Learn your options We’re here to help you avoid foreclosure. We buy properties with cash. We can help you with short sales and even rent-back situations so you (potentially) may be able to keep living in your home. There are many more options than you think. 5) Communicate The banks involved don’t want your property. They want money, and what you say matters a lot. You can slow down or stop the foreclosure process if you take the appropriate action. “Can I Sell My House In La Vergne After Receiving A Foreclosure Notice?” Want to know more? Facing the possibilities of a La Vergne foreclosure alone can be very stressful and inaction on your part risks your financial future. We are Tennessee home buyers and we offer cash for houses in La Vergne in any situation.  We will make the process simple so you can quickly foreclosure process and move on. Don’t wait until foreclosure begins, let Tennessee State Home Buyers help lessen your burdens today. Send us a message or give us a call today at (615) 241-0728.

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