Equity is a driving force in building financial stability and selling your house before building any equity can be disheartening. There are also times it may leave sellers owing money at the closing table. Read on as we explore a couple of options how to sell your house with no equity in Kalamazoo and surrounding areas.
Owner Financing
One option to consider when you want to sell your house with no equity in Kalamazoo is by finding a willing owner-financing buyer. These buyers typically don’t qualify for conventional loans and need time to get their finances together. There are many benefits to selling through owner financing if you’re willing to take on the risks of working with this category of buyers. Feel free to contact Ryan Buys Houses and we can provide advice. Being mindful of the laws governing real estate, you can make a quick sale and earn an income stream from the property, while the buyer is responsible for the property, which reverts to you should they not follow through with the agreement and purchase. In addition, you could take a financial hit if they vacate and leave your house in disrepair. Professional buyers like those at Ryan Buys Houses can help you weigh the pros and cons of owner financing. Our professional buyers at Ryan Buys Houses will detail the numbers you could expect to earn and the risks involved to help you understand the best sales method for your house given your circumstances.
Direct Sale
Another option to consider when selling your house with no equity in Kalamazoo is by making a direct sale with a quick closing within just a few weeks. We can work with you on the closing date. You can avoid the hassles of a short sale or foreclosure by reaching out to Ryan Buys Houses. Furthermore, you won’t need to worry about spending a penny out of pocket to prep or make repairs by selling directly to a professional buyer like those at Ryan Buys Houses. In addition, you can skip the entire showing process with a direct sale because we buy houses in as-is condition at Ryan Buys Houses and our professional buyers pay cash for houses with no equity making the process fast. We will compare our offer to all your options so you can make an educated decision about selling your home. Please consider working with us as an option to sell a house with no equity in Kalamazoo. Contact Ryan Buys Houses at (269) 775-4095.
