Sell Your House for Cash and Avoid Foreclosure in DeSoto County

Getting a pre-foreclosure notice isn’t the end – it’s where you should begin to evaluate your options. Here’s why selling your house for cash is a good one.

Sell Your House for Cash and Avoid Foreclosure in DeSoto County

Getting a pre-foreclosure notice isn’t the end – it’s where you should begin to evaluate your options. Here’s why selling your house for cash is a good one.

avoid foreclosure in DeSoto County

Let’s Talk About Foreclosure.

A foreclosure happens when a homeowner has missed several mortgage payments. The mortgage lender takes control of the property, usually auctioning it off to pay off the remaining mortgage amount. But before that happens, they need to give you at least 30 days’ written notice.

How to Avoid Going Through Foreclosure

Receiving a pre-foreclosure letter can be very stressful, but it’s not the end of the road. You still have options:
[

Catching up on your payments, continuing to pay off your mortgage every month, and avoiding future missed payments, or

[

Selling your house for cash, using that cash to pay off your entire outstanding mortgage balance, and using the rest of the money as a cushion to plan out your future.

Sell Your House for Cash in DeSoto County

There are reasons why selling your house for cash to avoid foreclosure is a great option:

– It takes much less time than putting your house on the market (which takes an average of three months and makes you liable for closing costs).

– The more equity you have in the property, the more likely it is that you’ll be able to pay off the outstanding balance and still walk away with a good amount of cash.

– Foreclosures can destroy your credit, which limits your living options for the future. Selling for cash to avoid foreclosure can save your credit score and give you some spare money to cover living expenses after the fact.

Sell Your House to PlacePitch For Cash

At PlacePitch, we make selling your house for cash easy. Our three-step process can have you closed and paid out in as little as one business day.

1. Request an offer

2. Set up a stress-free house tour

3. Get your offer

Get a Cash Offer on Your House in DeSoto County

Ready to sell your house for cash and avoid foreclosure in DeSoto County? Just fill out the form below to get started.