Cash for Houses Blog | Jake Buys Houses

Even though we at JakeBuysHouses are all about purchasing your house quickly with no headaches or hassle. We also feel an obligation to help anyone with our expert advice.

If we are not able to agree to terms on buying your property, we will still be here to help. We give our advice as if we were helping our own mother.

Sometimes if the house is in great condition and you're not in any particular rush it makes more sense to list the property. I Jake the owner have personally spent thousands of hours and dollars on figuring out how to get top dollar In the shortest amount of time. We have connections with all 843 Realtors in the Chippewa valley and know which ones are good and which ones to run from.

Let us help any way we can.

Jake

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What Does Pre-Foreclosure mean?

10/17/2016

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Pre-foreclosure is a condition where the owner of a particular property is late for a period more than ninety days on their payment. In this situation, the lender commences the process of foreclosure with a given notice to the trustee sale. A pre-foreclosure property is already under the process of foreclosure, but the owner still holds the legal ownership. It may or may not move into a short sale.

Pre-foreclosure property, is a property, where the process of foreclosure has may or may not started. It is not required to file a formal foreclosure notice in public records for the particular property to be considered as a pre-foreclosure one. However, in many cases, the notice of this default needs to be made a public record. In other words a pre-foreclosure property implies that the property has not yet been foreclosed and that the seller is behind on the mortgage payments. Here, the seller does have the option of making his mortgage payments and making the loan current. Only then, the home will no longer be considered as a pre-foreclosure home. If the seller continues to be a defaulter and does not make any mortgage payment, the home will be eventually foreclosed and seized by the particular lender or the bank. One should note here that just because the property owner is a defaulter in matters of payments, it does not however imply that their property will go through the process of foreclosure and end up in the inventory of the bank.

A pre-foreclosure deal commences between a buyer and seller. But then too, the lender will have to approve the offer from the buyer. Both buyers and sellers are likely to avail a lot of benefits from a pre-foreclosure property deal. Here, the seller gets an opportunity to get rid of the property that he cannot afford without suffering any damages with regard to the credit (during the foreclosure). On the other hand, the buyer gets a chance to get that property at a rate a way below the market price. The lender highly benefits when this loan is acquired by a purchaser who is monetarily stable.

We enjoy buying pre foreclosures because we get to help the seller out of a potentially devastating situation. If you are in pre foreclosure contact us immediately because the amount of time that we have to resolve your situation is probably very short. Sell your house fast to Jake Buys House.

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What if I owe more then the house is worth...

10/3/2016

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This is often a problem that we get asked to solve quite often. Don't worry you still have options to sell your house fast. We often have options to make selling your house possible even if you owe more then what "most" say its worth. Sometimes we won't be able to do anything other then spread the word to all of our many connections, that your house is for sale. However other times we may be able to find unique way that we will be able to add more value to the house such as add on an addition, add a third floor or something else that will add more value.

No matter if you accept our offer or not we still make it a priority to make sure you are not stuck with a house you don't want and are still able to sell your house as fast as possible.

Contact us for a fast no obligation offer and to get help in an often confusing and frustrating situation.

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Everything at Jakebuyshouse is set up to make selling your house as easy and fast as possible. When we set up house viewing appointments we try to work with any schedules, weekends, nights and holidays are not a problem for us. We also go out of our way to use offer contracts that are written in plain english, which are short and easy to fill out. We help with everything, making sure you are never confused or stressed. I believe this is one of the main reasons that we get such great reviews and repeat customers. It also probably helps that we are able to buy houses so fast!!

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Three advantages of selling a house fast are...

4/14/2016

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First and most important is the peace of mind that one receives from getting a property off their chest within a few weeks. Did you know that the average house sits on the market for 7-9 Months? The fastest anyone could possibly buy a house without cash would be 90 days due to the bank and their special qualifications that they now require the owner and the property to have.

Second the longer that a house sits requires more money to pay for taxes, insurance, utilities, and maintenance. If these aren't being paid they are only negatively affecting one's credit score. The longer they aren't paid the worse the damage to one's credit.

Lastly there are no inspections or contingencies that are in place when we buy houses fast for cash. The reason for this is to guarantee that we move as fast as possible and do not slow down the process. We simply need to look at the house's interior and exterior so we can make our all cash offer within 24 hours. Weekend and nights are never a problem for us at Jakebuyshouses.

There are many more advantages to selling ones house quickly, often times they vary from customer to customer, what are your advantages?

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I often here “how do I sell my house fast?” Often times people inherit a house they can't afford, owe taxes and fear getting kicked out by the city, go through a divorce or simply want to move on as fast as humanly possible.

One instance that stands out in my head is a man who needed $8,000 to bail his wife out of jail. He came to me and asked for $8,000 for his house, I looked at his run down, abused house and wrote him a check for $8,000 all within one day. No negotiations he just wanted to get his money FAST.

This is just one case of selling a home fast. We at Jakebuyshouses prefer to close around 2 weeks after agreeing on price. However we have waited 3 months for the previous owner to find a new home first, in contrast like the example above a few hours is also possible.

We are the experts when it comes to selling a home fast.

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Attention Realtors

3/21/2016

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Jake from Jakebuyshouses is looking for dilapidated houses that need work. If you come across unwanted houses within one hour of Eau Claire or Menomonie, I am interested in speaking with you about them.

I buy houses ‘As Is’ and I am able to pay cash. I also love to close fast.

I do not need to be pampered like most who buy houses and take as little of your time as possible. Never will I negotiate your commission, in fact I believe in giving an extra $1000 to anyone that gives me a deal that I close on!

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