Our experienced team can offer solutions
to a wide range of situations.
Damaged Property
When a property needs repairs due to excessive damage, especially damage to electric, plumbing, and heating systems, it can be very difficult to sell. Often these properties cannot be mortgaged, and average homebuyers don’t have the necessary funds to make the repairs themselves. We buy properties in ANY condition and we pay cash – which means we there’s no dealing with banks or other lenders.
Vacant Property
Insurance, mortgage payments, and taxes still need to be paid and homeowners in this situation can lose tens of thousands of dollars while their property sits vacant. Unfortunately, vacant homes are also prime targets for break-ins and vandalism. Vacant properties often require significant repairs, and can take a long time to fix up and resell. We solve this problem by closing the transaction quickly, to reduce risk and make sure we help you move on.
Problem Tenants
It is well known that in New Jersey, the housing laws in place are more favorable towards tenants than landlords. Even if your tenants are not paying rent and mistreating your property, it can be very expensive and time consuming to have them evicted. Being homeowners ourselves, we can help create strategies for dealing with tenant related problems. We also work closely with lawyers who are experienced in handling tenant related issues. Our quick closing procedure helps ensure the situation doesn’t drag on.
Foreclosure and Pre-foreclosure
Because of the housing market crash in 2008, many homeowners in New Jersey are underwater on their mortgages. This means they owe more money for their home then what it is actually worth. Further, many homeowners have adjusted rate mortgages and are now facing increased interest charges. Those who refinanced their mortgages face increased charges on 2nd mortgages and home equity lines of credit.
A short sale is often the best way to move on from this difficult situation. Short sales, however, are not easy and require ongoing negotiations with the bank that owns the mortgage. We always work with experienced real estate agents who specialize in short sales and can effectively negotiate with the banks. With their help, we make sure to guide you smoothly through the short sale process from start to finish. If you are considering a short sale, contact us and we’ll explain exactly what you need to do.Download our free e-book to learn more about your options when facing foreclosure.
Inheritance
Inheriting a home can be very stressful once the house is transferred to the new owner. An heir to a property is responsible for paying taxes and insurance, assuming the existing mortgage, and maintaining and upkeeping the home. If the new owner lives out of state, this can complicate things even more. Sometimes selling the home quickly can be the best solution. Find out more about what to do if you inherited a property on our resource page here.
Bankruptcy, Tax and other Debt
If you are facing bankruptcy and need to liquidate your assets, we can help you sell your home quickly and get the cash you need. Our cash offer policy and streamlined closing procedures enable us to move quickly in any real estate transaction. If you owe money on taxes, or have liens placed against your home, we can even negotiate on your behalf to have these liens reduced. Our experienced team has been handling these types of situations for over 10 years.
Relocating
If you’re relocating to another state you may be worried about what you’re going to do with your home. If we buy your home, we can close when you want to and make sure your business is settled before you relocate. Also, we educate you on setting up a TAX DEFERRED exchange to use the proceeds from your sold house to fund the purchase of a new home in your new location, without paying any capital gains! Find out more about tax deferred exchanges on our resource page here.
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