Sell Your House for Cash and Avoid Foreclosure in Hillsborough County

Don’t let a foreclosure ruin your credit and your options. You can avoid foreclosure and move forward by selling your house for cash. Here’s what you need to know.

Sell Your House for Cash and Avoid Foreclosure in Hillsborough County

Don’t let a foreclosure ruin your credit and your options. You can avoid foreclosure and move forward by selling your house for cash. Here’s what you need to know.

Foreclosures Explained

A foreclosure happens when a homeowner has missed months of mortgage payments. The mortgage lender assumes control of the property, usually auctioning it off to pay off the outstanding monthly payments and remaining mortgage amount. Before that happens, they will give you at least 30 days’ written notice. Between the notice and foreclosure, you generally have two options:

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Pay off the outstanding balance and make on-time monthly payments going forward, or

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Sell your house for cash, pay off the rest of your mortgage, and move forward with options.

Sell Your House for Cash in Hillsborough County

If you can’t pay off thousands of dollars in outstanding mortgage payments in one go, you still have options – and the best one might be selling your house for cash. This can be a great option for a few reasons:

– It’s much faster than putting your house on the traditional market, which takes an average of three months to close in Florida and makes the seller liable for fees like agent commissions and closing costs.

– The longer you’ve owned the property, the more equity you have and the more likely it is that you’ll have cash left over after paying off your outstanding balance.

– Foreclosures can destroy your credit, which limits your living options for the future. Selling for cash prevents damage to your credit score and gives you some spare money to cover future living expenses.

PlacePitch Will Give You a Fair Cash Offer for Your House

At PlacePitch, we make selling your Hillsborough County house easy and quick. Our three-step process lets you close in as little as one business day.

1. Request an offer – it just takes two minutes

2. Set up a stress-free house tour. You don’t have to clean up, make repairs, or stage anything.

3. Get your offer, accept it, and get paid. No hidden fees, commissions, or closing costs. Ever.