Being in a stressful financial situation or having distressed personal circumstances can be a real drain on your life. On top of that, the process of selling your home can be complicated. All of the paperwork and steps involved can be very overwhelming. We understand if you have questions regarding us or our process, so please feel free to contact us. We are just one phone call away.
We endeavor to help you make the best possible decision, to help you get out from under a house that no longer fits your life circumstances.
Some Frequent Questions:
Q: Can I still sell my house to Love Texas Houses if I am behind on my mortgage or I am already in foreclosure?
Yes. We can still buy your house in most cases. If you have waited too late and the foreclosure is only a couple of days away, there simply may not be enough time to stop the foreclosure. That is why it is imperative not to wait too long.
In most cases we can work directly with your lender and stop the foreclosure. If you are simply late with your mortgage payments, we can work directly with your lender and come up with a solution that avoids the situation from turning into a foreclosure. The important thing is to act now.
Q: What do I do if I already listed my house with a realtor?
If your house is already listed with a realtor you are obliged to work with that realtor. Just as realtors have a professional responsibility to each other, we too work with many realtors and have the same professional standards. If your realtor, however, cannot find you a buyer and your listing with them expires, you can then work with us directly.
Q: Can you prove to me that you have the cash to buy my house?
Yes. We can send you our proof of funds. We pride ourselves on having the funds readily available to buy your house immediately.
Q: What kind of houses do you buy?
We buy all kinds of houses. The more important question is why we buy the houses that we do. We work with folks that are going through circumstances in their lives that make it necessary for them to sell their house as-is and as quickly as possible. We focus more on the situation of the seller than the house itself.
Q: How does selling my house to Love Texas Houses affect my credit?
If you wait until your house is foreclosed upon then your credit will be significantly impacted. A foreclosure is the worst of hits to your credit and can prevent you from getting future car loans, credit cards or mortgages for up to 10 years.
If, on the other hand, we are able to stop a foreclosure, we stop that hit to your credit. Your credit will still be negatively impacted by the late mortgage payments but the hit will be limited. The quicker you stop the late payments hitting your credit report the less the negative impact will be. It is imperative to act now.
Q: What are my obligations if I schedule an onsite visit and assessment?
None at all. You are under no obligation to us other than to help us understand how best to help you. All we do is assess your situation and discuss a possible solution. If we make you an offer on your house, you are under no obligation to accept it. All we ask is that you have an open mind and fully appreciate your financial situation, and its severity. The situation will only get worse if you do not change something. That “something” is probably realizing that letting your house go is the best thing to do in the long run.
Q: Do you have any Fees?
NO. We are not realtors so we do not charge any commissions on the transaction.
Q: Do you list my house on the open market?
NO. We purchase your house outright thereby avoiding the high cost of realtor commissions and other related listing fees. You also do not have to wait for a qualified buyer.
Q: How do I know that Love Texas Houses will offer me a fair price for my house?
Our offer for your house is based upon comparative market analysis that takes into account the condition of the property, the location of the property and other supporting market data.