We Buy Houses As-Is and Help You Get Out of Your Mortgage
Are you facing foreclosure and trying to sell your home? If so, you may need a solution that helps you sell your house fast so that you can stop the foreclosure process and get out of your mortgage.
Klamen Real Estate Group can help you sell your house right now with our cash home sale solution. We buy houses as-is in St. Louis, Missouri. We can appraise the property, make a fair cash offer, and close the sale in as little as a week.
- You don’t have to make any home repairs.
- We pay 100% of all closing costs.
- You don’t have to hire a real estate agent or pay realtor commissions.
- We work with you to pay off the mortgage company.
Selling the property to avoid foreclosure has never been easier. We make an offer, you accept, we transfer the title, and you walk away with no strings attached. Before you call the realtor, contact us first and discover the benefits of a cash home sale.
Fill out our online form or call (314) 721-6800 to get a fast cash offer from Klamen Real Estate Group. Sell your house fast in St. Louis, Missouri.
Our Team Works with Home Sellers in All Types of Situations
A foreclosure or bankruptcy can be devastating, putting you in a situation where you may lose your house and can’t get credit for another house for several years. While a short sale may help you sell your house, it doesn’t necessarily mean you are free and clear of your mortgage.
Klamen Real Estate Group works with homeowners in situations similar to yours. Regardless of your circumstances or the current condition of your house, we can buy it as-is and help you pay off your mortgage debt.
In Missouri, the bankruptcy process begins with credit counseling and ends with a discharge of debts. You'll need to determine whether Chapter 7 or Chapter 13 bankruptcy is the right option for you based on your financial situation. Steps include
- Filing a petition with the appropriate court
- Attending a meeting of creditors
- Completing debtor education
By selling your house as-is to Klamen Real Estate Group, you eliminate the time-consuming process of listing, marketing, and waiting for mortgage approvals, accelerating the sale and enabling you to receive the cash proceeds in a matter of days or weeks. This financial boost can be crucial in paying off debts and avoiding the long-term consequences of bankruptcy on your credit and financial stability.
Stop the Foreclosure Process
The foreclosure process in Missouri typically begins when you default on your mortgage payments. The lender will send a notice of default, giving you a grace period to catch up on missed payments. If you're unable to resolve the issue, the lender may initiate a non-judicial foreclosure, where a trustee appointed by the lender sells the property at a public auction.
Klamen home buyers can stop a foreclosure by providing an efficient way for you to sell your house fast in Missouri, paying off the outstanding mortgage balance before the foreclosure auction. By working with our team, you can avoid the lengthy and uncertain traditional sales process, quickly obtain the funds needed to satisfy your debt, and prevent the negative impact of a foreclosure on your credit and financial future.
Better Than a Short Sale
A short sale occurs when you sell your property for less than the outstanding mortgage balance. This option is typically considered when you're facing financial hardship and struggling to make mortgage payments. While a short sale can help you avoid foreclosure, it's essential to understand that it may still negatively impact your credit score and may result in tax implications due to the forgiven debt.
A cash home sale from Klamen is a better option than a short sale because it provides a quicker and more certain transaction. With a cash sale, you don't need lender approval as you would in a short sale, which can be a lengthy and uncertain process. We close the sale faster, and potentially secure a better outcome for your financial situation.
Sell Your House Fast in 3 Easy Steps?
At Klamen Real Estate Group, we make the cash home sale process as straightforward and hassle-free as possible. You can sell your house in just three easy steps:
Step 1: Contact Us
Call Klamen Real Estate Group or fill out the contact form to schedule a quick walkthrough of the property. Don’t worry about making any renovations or repairs or even cleaning the house. We buy houses as-is. Feel free to ask any questions or express your concerns.
Step 2: Get a Cash Offer
If our buyers like what we see, we’ll make a fast cash offer at just under your house's current market value. In most cases, we can offer as little as 24 to 48 hours after seeing the property. When you work with Klamen Real Estate Group, you’ll get a fair offer for your house.
Step 3: Get Paid
If you accept our offer, you can schedule a closing date that is convenient for you. We pay all closing costs and fees. You simply show up, sign the papers, and get paid. When you work with us, selling your house in St. Louis has never been easier. Get started with us today!
What Are the Advantages of Selling My Home to Avoid Foreclosure?
Make No Home Repairs. We Buy Houses As-Is
We know the financial burden and stress of making home repairs. That's why we buy houses in their current condition, allowing you to sell your home without worrying about costly repairs or updates.
You Don’t Have To Hire a Realtor or Pay Realtor Commissions
By selling your house directly to Klamen Real Estate Group, you eliminate the need for a realtor and avoid paying hefty commissions. This means more money in your pocket at the end of the transaction.
Sell Your House in As Little as Seven Days
With our streamlined cash home buying process, we can close on your property in as little as seven days, providing you with the financial relief you need quickly and efficiently.
Work With a Pre-Qualified, Committed Home Buyer
We’re dedicated to making the home buying process as smooth and hassle-free as possible. We have the funds available and are fully committed to purchasing your home, eliminating the risk of a buyer backing out or a deal falling through.
Pay No Closing Costs
When you sell your house to our local home buyers, we cover the closing costs, saving you even more money during the sale process.
Don’t Wait for a Loan Approval
Since we're cash buyers, we don't need to wait for loan approval, which means you can close on your home sale quickly and with certainty.
Choose Klamen Real Estate Group for a hassle-free, beneficial cash home sale experience in Missouri that puts your needs first.
Is it Legal to Sell My House During Foreclosure in Missouri?
In Missouri, it is legal to sell your house during foreclosure, provided you do so before the foreclosure auction takes place. By selling your property, you can use the proceeds to pay off the outstanding mortgage balance and avoid foreclosure. It's essential to act quickly in this situation, as once the property has been sold at auction, you no longer have the option to sell it yourself.
Selling your house is also legally feasible to avoid or stop a bankruptcy, but the process is more complicated. When you file for bankruptcy, your assets, including your home, become part of the bankruptcy estate. This means that any sale of the property must be approved by the bankruptcy trustee and the court. In some cases, the trustee may decide to sell the house to satisfy your creditors.
Sell Your House Fast in St. Louis, Missouri
If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact Klamen Real Estate Buyers. We buy houses as-is. No repairs are needed. Avoid closing costs and realtor commissions. Close in as little as seven days. Call (314) 721-6800 and get a fast cash offer from our local home buyers in Missouri.
Frequently Asked Questions About Foreclosure
A deed in lieu of foreclosure is a legal document that transfers the ownership of a property from the homeowner to the mortgage lender in exchange for release from the mortgage debt, serving as a last resort option to avoid foreclosure. It allows the homeowner to surrender the property voluntarily and avoid the negative consequences of foreclosure, although it still has significant credit implications.
If your home is foreclosed, you generally do not receive any money from the foreclosure sale. The proceeds from the sale are used to cover the costs of foreclosure, such as repairs, cleaning, and legal fees. Any remaining funds may go towards satisfying the outstanding mortgage debt, but it is unlikely that you will receive any money back from the sale.
Yes, you can sell your house while it's in foreclosure. You can sell your home independently before the scheduled auction date. However, you must sell it before the bank can repossess it or sell it at a foreclosure auction. Whether you get your money out depends on whether there is equity in the property or whether the sales price is greater than the amount you own on the mortgage.
If a foreclosed home doesn't sell during a public auction, the lender will become the owner. These properties are often referred to as “bank-owned”. The lender can attempt to sell the property through a broker or with the assistance of a real estate-owned (REO) asset manager. If the home doesn't sell for enough money to clear the debt, the homeowner might still owe the lender the deficiency.
If you want to avoid foreclosure and don’t want to keep your property, your best option is to sell your house as-is for cash. Klamen Real Estate Group can help you avoid foreclosure by paying cash for your house and closing in a few days. You can sell your house to avoid foreclosure in Missouri.