San Luis Obispo, California Residents:
Condition Is No Issue - We Can Buy Your Home.
Condition Is No Issue - We Can Buy Your Home.

Selling Your Inherited Home

Selling an inherited San Luis Obispo, California Home can come with entanglements ranging from liens laid against the property by creditors to the departed to estate taxes. Defaulted mortgages that are triggered as a result of the lendee's death mush also be paid to avoid foreclosure in many jurisdictions. In some cases there is also a freeze period while claims to the property are independently verified, and the whole time the inheritor is tasked with everyday upkeep.

Get the best prices and fast payment for your home.

Can I Sell My Home with Major Foundation Issues?

We are recognized as the premier purchaser of local distressed properties, including homes with damaged foundations and other significant structural issues. We have been delivering fast cash payments to motivated sellers for years, and are here to make our services available to you. After you answer a few questions about your home, you can schedule an in-person inspection by one of our assessment professionals. When the evaluation is complete, we'll make you a cash offer and leave the decision to you. We also pay all standard closing costs to keep more profits in your pocket, so call today to learn more.

Get the best prices and fast payment for your home.

Can I Sell My House with Termite Damage?

When you sell your home to us any termite damage is our problem. We will address any required repairs to be made on the property while constantly working to find buyers for the property. You just turn the keys over to us and enjoy your lump sum cash payment. Selling a home through traditional channels often takes months and can require thousands and expenses between listing costs and renovations. Let us relieve you of your burden by offering you cash for your termite damaged home now.

Distressed Properties FAQs

Want to know more about Distressed Properties? Read this helpful guide!

How to invest in distressed properties?

Distressed properties can be extremely profitable, but only with intelligent management of capital and resources. Maximizing the potential gain on selling a distressed property requires an in depth knowledge of real estate trends and market realities, and you can read the "Guide in Investing in Distressed Properties" for expanded information on taking advantage of this opportunity.

How to buy distressed properties?

Buying a distressed home is as simple as identifying the stage of foreclosure the property is in and employing the proper strategy. Each stage of the process from pre-foreclosure to bank possession requires its own dedicated approach and you can bolster your odds at success by reading the "How to Buy Distressed Properties" guide.

How to choose distressed properties?

Getting the absolute most from your investment in a distressed property is a matter of buying low and selling high. To do this, it is essential to understand the critical elements that contribute to the value of a home on the open market, and the "Guide in Investing in Distressed Properties" details sapient strategies for maximizing your profit.

How to find distressed properties?

Buying a distressed home can be as simple as keeping an eye out for homes in your area as well as tracking local real estate listings, but DistressedPropertiesSale.com offers a much more powerful method of finding profitable properties in all 50 states. The database also includes all relevant information on these homes, so you'll always walk into a potential purchase armed with all the details you need.

we are here to buy your home fast

Contact us now to get our best bid

When you call, we'll go over the details of your house with you. It won't take us long to put together the details and give you an offer
You dont't have to take it, you're not obligated to us for anything . But call to get our bid, we're extremely competitive and will get your home off
of your hands conveniently, so you don't have to worry anymore . Call us now for our offers!

We are the BEST choice for buying almost any
San Luis Obispo California Home Today.

 

Additional Materials:

San Luis Obispo, California City Information

San Luis Obispo FSBO Home - Sell Your Home Fast Articles

FSBO We Want to Buy Your Home Topics

FSBO We Want to Buy Your San Luis Obispo Home Today Video

 

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San Luis Obispo - We Want to Buy Your FSBO Home Today References

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Information for San Luis Obispo, California

California, seat (1850) of San Luis Obispo county, western California, U.S. It lies on San Luis Obispo Creek at the base of the Santa Lucia Mountains, 20 miles (30 km) east of the Pacific Ocean and 80 miles (130 km) northwest of the city of Santa Barbara. It grew up as a farming centre around the mission of San Luis Obispo de Tolosa (for St. Louis, bishop of Toulouse), founded in 1772 by Jun�pero Serra as the fifth in the California chain of 21 missions. San Luis Obispo came under U.S. control in 1846. During the lawless and violent Gold Rush period, much of the land continued to be held by Mexicans, who established an economy largely based on the hides and tallow industry. In the 1860s severe drought destroyed much of the rancho land. The Mexican ranchers subsequently sold many of their holdings, and the area became a centre for beef- and dairy-cattle production. After 1894 it became a railroad division point. Oil, pumped and refined locally, is shipped through Port San Luis, located along the Pacific coast 9 miles (14 km) southwest of the city. Light manufacturing, wineries (located throughout the county), and tourism are other economic factors. It is the home of California Polytechnic State University (1901) and Cuesta (community) College (1963). The city's attractions include children's and county museums. Nearby are Pismo State Beach, Morro Bay and Montana de Oro state parks, and Los Padres National Forest. Inc. 1856. Pop. (2000) 44, 174; San Luis Obispo - Paso Robles Metro Area, 246, 681; (2010) 45, 119; San Luis Obispo - Paso Robles Metro Area, 269, 637.Performing Arts Center, California Polytechnic State University, San Luis Obispo, Calif. Gregg Erickson

Read More about San Luis Obispo, California

 

 


San Luis Obispo - Condition Is No Issue - We Can Buy Your Home. Articles

The one reality about today's housing market is that many people have more questions than answers. The following information is intended to help you or someone you know better understand your situation.
Do I Qualify For A Short Sale?

The qualifications for a short sale include any or all of the following:

Financial Hardship - There is a situation causing you to have trouble affording your mortgage.
Monthly Income Shortfall - You have more month than money. A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
Insolvency - The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.


What Is A Mortgage Modification?

A mortgage modification is a process through which your mortgage lender changes any or all of the following:

Your interest rate
Your principal balance (through a reduction)
Your loan terms (example: from an adjustable to a fixed rate)
This process can allow borrowers to stay in their property when they can no longer afford their current mortgage payments.


Why Would A Lender Modify My Mortgage?

Lenders have realized that in some cases it is better for them to work with current borrowers to lower payments or possibly improve terms in order to keep homeowners in their properties. The average foreclosure can cost a lender from 35-50% of the value of a property, so keeping borrowers in their homes is a good option for everyone.


What Do I Need To Qualify For A Mortgage Modification?

According to the Making Home Affordable Web site (http://MakingHomeAffordable.gov), you will need the following information for your lender to consider a modification:

Information about your first mortgage, such as your monthly mortgage statement
Information about any second mortgage or home equity line of credit on the house
Account balances and minimum monthly payments due on all of your credit cards
Account balances and monthly payments on all your other debts such as student loans and car loans
Your most recent income tax return
Information about your savings and other assets
Information about the monthly gross (before tax) income of your household, including recent pay stubs if you receive them or documentation of income you receive from other sources
If applicable, it may also be helpful to have a letter describing any circumstances that caused your income reduce or expenses to increase (job loss, divorce, illness, etc.)
How Do I Qualify For A Mortgage Modification?

The first call you make should be to your lender, have the information above ready to discuss with them and call your customer service line to ask them what options you have available. If the person you speak with does not understand what you are asking, you can ask to be referred to one of the following departments (different lenders have different names for these departments):

Loss Mitigation
Mortgage Modification
H.O.P.E.

Prior to contacting your mortgage lender you can quickly complete an eligibility test at http://MakingHomeAffordable.gov. This test will let you know if you are eligible for a modification through the government-sponsored Home Affordability and Stability Program (HASP).

For a list of mortgage lenders and servicers, visit www.HopeNow.com.

What Is A Home Affordable Refinance?

If Fannie Mae or Freddie Mac owns your mortgage, you may be eligible for a Home Affordable Refinance. This will allow you to refinance your home and often lower your payments.

What If I Don't Qualify, Can't Afford My Home, And Owe More Than It's Worth?

You are not alone and foreclosure is not the only option. If your mortgage lender or servicer will not work with you to reduce your payment, you may want to consider a short sale. Agents with the 'Certified Distressed Property Expert' Designation have undergone extensive training in how to process and negotiate short sales.

A short sale allows you to sell your home for less than what you owe and avoid foreclosure. Speak to your market expert to see if you may qualify.

What Are The Qualifications For A Home Affordable Refinance?

According to the resources released by the government, following are a list of qualifications:

You are the owner occupant of a one- to four-unit home
The loan on your property is owned or securitized by Fannie Mae or Freddie Mac (see Useful Links)
At the time you apply, you are current on your mortgage payments (you haven't been more than 30 days late on your mortgage payment in the last 12 months, or if you have had the loan for less than 12 months, you have never missed a payment)
You believe that the amount you owe on your first mortgage is about the same or slightly less than the current value of your house
You have income sufficient to support the new mortgage payments, and the refinance improves the long-term affordability or stability of your loan.



 


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This video reviews "FSBO Home in San Luis Obispo"

 

 

We provide FSBO Home services for residents and companies.
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Closely Related Topics: Condition Is No Issue - We Can Buy Your Home.

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