Chandler, AZ (PressExposure) June 26, 2009 -- Foreclosure has become the norm as homeowners are watching their house values sink at the same time as their interest rates and payments skyrocket. What is the best thing for a homeowner to do? Walk away from the mortgage all together?
Itâs a disheartening spiralâ¦mortgage payments increasing as home prices plummet. Most homeowners canât afford to keep paying the higher payments and canât sell their house for a high enough price to cover the remaining mortgage. So they are abandoning their homes along with their mortgages. Is this the best option?
Rather than trying to keep up with rising payments on deteriorating assets they are handing the keys back and dealing with the disastrous effects on their credit reports.
This situation is happening to all aspects of society: rich, poor, long term homeowners, flippers, old, and young. Current lending practices have created an environment where an option as severe as abandoning a home actually makes sense to some people that donât know that they have another option.
Many home buyers put very little or no money down, so that leaves them little incentive to keep making payments when a home's market value is less than the balance of the mortgage. What some donât realize until it is too late is the tremendous hit to credit scores and how that will affect them in the future. Homeowners can avoid all of the above stress, foreclosure and bankruptcy by selling to a real estate investor such as Webuyallhomescash.com. This service can buy your house fast so you donât have to do a single repair or pay another penny on your mortgage. To sell your house for a fair price, by this time next week, visit http://www.Webuyallhomescash.com. You can eliminate your stress and better your life immediately by taking a minute to contact them to see how they can help you. Webuyallhomescash.com is not a we buy houses scam, nor are they realtors. They are a group of real estate investors with large amounts of cash flow looking for investment properties and to help homeowners in need.
You have an option-you donât have to have a foreclosure or bankruptcy on your record and your credit can still be good. Contact us before it is too late for us to help.