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How Do I Sell My House Without a Realtor in St. Louis?

How Do I Sell My House Without a Realtor in St. Louis, Missouri?

With most real estate agents charging a 6% commission, selling your house to a company that buys houses can be a more financially rewarding path to take. You may even have more control over the entire selling process and negotiating power with the buyer,

So you’re never pushed toward rushed decisions you don’t want to make. You don’t need years of selling experience when selling your house directly to a home buyer. You can secure a quick sale without paying an agent’s commission, regardless of how the market performs.

Below, we look at all the reasons you can sell your house as-is for cash without a realtor.

Realtor Commissions are Too High

Rather than getting paid a standard salary alone, most real estate agents earn money only when a real estate deal goes through. Plus, the process can mean weeks or months of work.

Your agent typically makes a six percent commission on a sale. So if a home sells for $200,000, your agent can make up to $12,000 on the real, depending on what arrangement they make with the buyer’s agent.

The commission split between the buyer and seller agents varies from one agent to another. New agents sometimes earn a smaller commission percentage than experienced agents who sell more homes or more expensive properties.

Generally, you, the home seller, pays the full commission for the services of both their listing agent and the buyer’s agent.

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    A Cash Home Sale Is a Private Transaction

    You may get offers from multiple potential buyers in a traditional home sale. Many of these buyers have a real estate agent representing them to find an affordable home. Since agents have the skill and experience to negotiate deals, they may be able to talk you into adjusting your sale price or the terms and conditions of the sale.

    All that goes away with a cash home sale.

    A cash sale is a private transaction between you and the house-buying company. The buyer makes an offer, and you either reject it or counter-offer. But you are only dealing with one buyer. Plus, you are dealing directly with the buyer, not their agent. So, you don’t need your agent to broker the deal because a private sale with a single buyer is more manageable.

    A Cash Sale Is Faster Than a Traditional Home Sale

    A traditional home sale can take months to complete. You have to repair the house, list the house, find a buyer, and close. The entire process can take several months.

    By contrast, you can complete the sale of your house with cash quickly, given the right circumstances. Once you verify proof of funds from the buyer, there are only a couple of major steps to complete before you can close the deal.

    A cash sale can close in 4-10 business days. However, understand that even if a buyer purchases a home in true cash, the sale will still need to go through the title process.

    Once the title process is complete, the buyer draws up the documents required to close the sale. It is also when the buyer hires an escrow company to handle the allocation of funds. With this in mind, It is possible to complete a cash purchase in as little as two weeks.

    The bottom line is that you don’t need a real estate agent to go through all the steps above. You can either work it out with the buyer or hire an attorney to manage the deal.

    Sell My House Fast to Klamen Real Estate Group

    If you need to sell your house and don’t want to deal with a real estate agent, Klamen Real Estate Group can buy your house as-is and pay cash. We can look at your house, make a cash offer, and close the deal in as little as seven days. You make no repairs and pay no realtor commissions or closing costs.

    Call Klamen Real Estate Group today at 314-721-6800 to get a fast cash offer.

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      Cash Home Sale vs. Traditional Home Sale

      Cash Home Sale vs. Traditional Home Sale: What Is the Difference?

      Selling a home today is an expensive, time-consuming process that can drain your resources and leave you feeling like you got little out of the deal. It’s no wonder that home sellers today are looking for an alternative to a traditional home sale. However, few sellers know what home-selling options are available or how to do them.

      One option to a traditional home sale that is gaining popularity is a cash home sale. A cash home sale allows you to sell your house fast in St. Louis, Missouri. You can bypass many of the steps required in a traditional home sale. You also avoid common selling expenses such as home repairs and closing costs. You can also skip hiring the real estate agent and avoid paying realtor commissions.

      Comparing Cash Home Sale vs. Traditional Home Sale

      What Is a Traditional Home Sale?

      A traditional home sale is a real estate transaction that involves preparing your house for the sale, hiring a realtor to list the house and manage the sale, and finding a buyer to negotiate the terms of the sale. The realtor manages a good portion of the sale. They can also guide you through the process and negotiate a sale in your favor.

      The steps in a traditional home sale involve

      1. Make home repairs and upgrades.
      2. Hire a real estate agent.
      3. Stage the house to attract buyers.
      4. List the house on the market.
      5. Comb through multiple offers.
      6. Find a buyer and negotiate the sale.
      7. Complete the closing process.

      The average home sale takes 60 to 90 days after you list the house. You can add several more days to the timeline for home repairs and closing.

      What Is a Cash Home Sale?

      A cash home sale is a private real estate transaction between you and a house-buying company in St. Louis, Missouri. The company assesses your property and makes a cash home offer based on its current market value. If you accept the offer, you sign the paperwork and close the deal. A cash home sale is the fastest and simplest way to sell your house as-is for cash.

      The steps in a cash home sale involve

      1. Meet with the cash home buyer to discuss the property.
      2. Get a cash offer from the buyer.
      3. Accept the offer and negotiate the terms of the sale.
      4. Sign the paperwork, close the sale, and get paid.

      When you sell your house directly to the buyer, you do not have to hire a real estate agent. You save money on realtor commissions. The buyer also agrees to pay up to 100% of the closing costs, leaving you with little to no selling expenses.

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        Why Choose a Cash Home Sale Over a Traditional Home Sale?

        There are several reasons to choose a cash home sale instead of a traditional home sale.

        Sell Your House When You Want

        Instead of waiting 60 to 90 days for a buyer, you can close your house in as little as one to three weeks with a cash home sale. You have the flexibility you need to close the sale so that you can relocate or start a new job. You can also sell your house fast enough to handle situations such as a foreclosure, bankruptcy, divorce, or probate.

        Little to No Selling Expenses

        If you are a homeowner who needs to sell your house fast in Missouri, you may not have the money you need to make home repairs, pay closing costs, or hire a realtor. A cash home sale eliminates these expenses so that you have little to no selling costs.

        Work with a Pre-Qualified Home Buyer in Missouri

        You might have multiple offers in a traditional home sale. However, many of these offers may fall by the wayside due to a buyer that doesn’t qualify for a long or someone who wants to pull out of the purchase. In a cash home sale, you work with a pre-qualified home buyer who is ready to commit to the purchase. You don’t have to worry about them backing out at the last minute.

        Sell Your House Fast to Klamen Real Estate Group

        If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact Klamen Real Estate Group. We buy houses as-is for cash in St. Louis, Missouri. Call 314-721-6800 to get a guaranteed cash offer on your Missouri house.

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          How Do I Get Cash for My House?

          How Do I Get Cash for My House in St. Louis, Missouri?

          Today, selling a house in this tough economy and declining real estate market can take twice as long as normal, meaning it can take up to six months before you finally find a qualified buyer who gets approved for a mortgage. The question is, can you wait six months to find a buyer? What happens if you need to sell your house fast due to our current circumstances?

          At Klamen Real Estate Group, we buy houses for cash in St. Louis, Missouri. Our cash home buyers can simplify the selling process, allowing you to sell your house and close the deal in as little as seven to 21 days. We buy houses as-is – no repairs or renovations are necessary. Would you like to learn more? Call us today at 314-721-6800 and get a fast cash offer.

          Here’s How to Get Cash for My House

          Under normal circumstances, you may have a few months to list your house on the market and wait for a buyer. However, your current situation may require that you sell your house fast.

          If so, selling your house the traditional way may not be doable. Many of these situations require that you sell your house in under a month. A better alternative may be to sell your house to a local home buyer in St. Louis, Missouri.

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            What Is the Best Way to Get Cash for My House?

            In a traditional house sale, you hire a realtor, list the house on the market, make the necessary repairs, negotiate with buyers, and close the sale. The entire process can take several months before you finally get out of your mortgage. You’ve spent thousands of dollars and countless hours selling the property.

            If that doesn’t sound appealing to you, a local home buyer may be able to offer a smarter alternative with a cash sale. What is a cash sale? The process involves three main steps.

            Step 1: Schedule a Quick Walkthrough

            The first step in a cash sale is to contact a local home buyer in St. Louis, Missouri and schedule a quick walkthrough of your property. Don’t worry about making any repairs or renovations. Local buyers will buy your house as-is. You don’t even have to worry about cleaning the house.

            Step 2: Get a Fast Cash Offer

            If the local buyer is interested in the property, they will make an offer on your house. In most cases, the buyer will make an offer within 24 to 48 hours of the walkthrough. The offer will usually come in at just under the current market value of your house. You’ll receive a fair cash offer with a local buyer, not a lowball one.

            Step 3: Get Paid Cash for Your House

            If you accept the offer, closing the sale is next. Unlike a traditional sale that can take up to 45 days, you can close a cash sale in as little as seven to 21 days. During the closing, you sign the paperwork. The buyer pays most or all of the closing costs. You can walk away from your house free and clear.

            Sell Your House As-Is to Klamen Real Estate Group

            When you are ready to sell your house fast, we are ready to help. We buy houses for cash in St. Louis, Missouri. Klamen Real Estate Group can look at your house and make a fair cash offer that you can work with. To learn more about the benefits of a cash home sale, call 314-721-6800 and get a fast cash offer.

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              What Is a Cash Home Buyer in St. Louis, Missouri?

              What Is a Cash Home Buyer in St. Louis, Missouri?

              A cash home buyer is an individual or company that buys houses in St. Louis, Missouri. The buyer purchases property directly from the seller without the need to hire a real estate agent. The company also agrees to buy the house as-is. You make no repairs or upgrades to the property. During closing, the buyer pays up to 100% of the closing costs, leaving you with little to no selling expenses.

              Unlike a traditional home sale that can last 60 to 90 days, a cash home sale typically takes one to three weeks to complete. You can sell your house fast in St. Louis, Missouri regardless of your current situation – bankruptcy, foreclosure, probate, divorce, damaged house, vacant house, or old house. You can sell your house as-is for cash and move on without any strings attached.

              How Is a Cash Home Buyer Different from Other Buyers

              An offer is an offer, right? Not always. Much of it depends on who is making the offer and under what terms they are willing to buy your house. For this reason, many home sellers are now looking at a cash home sale as a viable alternative to a traditional home sale. There is a difference between selling to a normal buyer and working with a cash home buyer in Missouri.

              1. The Offer Is Guaranteed

              Just because you get an offer on your house from a buyer doesn’t mean that the deal is set in stone. Many offers fall through because the buyer does not qualify for a home loan. Even if a buyer does get the loan, they may get cold feet and pull out of the deal. When you work with a cash home buyer in Missouri, you sell to a pre-qualified professional ready to commit to the sale. The offer is guaranteed.

              2. The Cash Buyer Closes Faster

              There are a lot of steps in a traditional home sale. One of the longest steps is closing the sale, which normally takes 30 to 45 days. When you sell your house to a cash home buyer in your area, you can get an offer, negotiate the terms of the sale, and close the sale in one to three weeks. You don’t have to wait to sell your house as-is.

              3. You Sell Your House As-Is

              Today’s buyers are looking for a move-in-ready home that requires little to no repairs or upgrades. If you have an older or damaged house, it may not compete in a market filled with houses in great condition. One of the main differences between a normal home buyer and a cash home buyer is that the cash buyer will purchase your house as-is. You can sell it regardless of its current condition or market value.

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                What Are the Benefits of Selling Your House to a Cash Home Buyer?

                There are several advantages of selling your house to a cash home buyer.

                • There are little to no out-of-pocket selling costs.
                • You make no home repairs or schedule an inspection.
                • You sell to a single pre-qualified buyer committed to buying your house.
                • The sale closes in as little as one to three weeks.
                • You don’t hire a real estate agent or pay realtor commissions.
                • Sell your house as-is regardless of your reason.

                If you need to sell your house fast, a traditional home sale may not work for you. A cash home sale gives you the flexibility you need to sell your house right now without incurring thousands of dollars selling expenses or hurting your financial situation. Contact a local home buyer in St. Louis, Missouri to learn more about the benefits of a cash home sale.

                Get a Fair Cash Offer from Klamen Real Estate Buyers

                Do you need to sell your house fast but can’t find a buyer? If so, contact the team at Klamen Real Estate Buyers. We buy houses as-is in St. Louis, Missouri. We can appraise your house and make a fair cash offer you can work with. Call 314-721-6800 to get a fast cash offer on your house.

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                  What Is the Difference Between a Local vs National Home Buyer?

                  What Is the Difference Between a Local vs. National Home Buyer?

                  As a home seller, you want to find the best buyer for your property – particularly a buyer that you trust to handle your situation with integrity and give you the best deal possible. The question you may ask yourself is where do you find the right company that buys houses? Can you sell your house to a local home buyer in St. Louis, Missouri or do you work with a national house-buying company?

                  There are benefits to both types of home buyers. National home buyers have an extensive real estate network and resources to make a quick cash offer and close the sale fast. However, local home buyers offer flexibility and personal attention, as well as a thorough knowledge of the St. Louis real estate market. Below, we compare local vs. national home buyers to help you choose the right buyer for your home.

                  What Is a Cash Home Buyer?

                  Before we compare a local vs. national home buyer, you need to have a basic understand of what a cash home buyer is and how they work with home sellers

                  A cash home buyer is a company that buys houses in St. Louis, Missouri. Examples of buyers include an investor, wholesaler, or a single buyer interested in your property. Most cash home buyers are interested in buying your house for a fix and flip, buy and hold, or rental property.

                  There are several distinguishing qualities of a cash home buyer.

                  • They pay cash for your house as-is – no repairs necessary.
                  • The buyer can close the sale in as little as a week.
                  • You can sell your house to the buyer right now regardless of your situation.
                  • Cash home buyers often provide flexible options to relieve the stress of selling your house.
                  • You work with a single, pre-qualified buyer ready to commit to the home purchase.

                  Local vs. National Home Buyer: Which is Best for Me?

                  When selling your house, you need to consider four main things:

                  • Which buyer can give you the best overall deal?
                  • Who do you trust to treat you fairly and keep their promises?
                  • Why are you selling your house?
                  • Who benefits from the home sale?

                  National Home Buyer

                  The idea of a corporate buyer may not resonate with some home sellers in St. Louis. However, there are some upsides to a national home buyer. Most larger companies have the resources necessary to buy your house right away. They also have an extensive network of real estate professionals that may be able to guide you through your current situation and help you beyond the sale.

                  However, national home buyers may focus more on the sale than practicing empathy. Like any investor, a national house-buying company is focusing more on the bottom line without truly understanding your circumstances, the real value of your home or the local St. Louis real estate market. There may be more emphasis placed on the numbers with little flexibility in negotiating a deal.

                  Local Home Buyer

                  A local home buyer doesn’t have the vast network or the brand recognition of a national home buyer. For this reason, you may have to do some additional research to find a reputable buyer located here in St. Louis. However, there are plenty of practical advantages to working with a local home buyer over a national home buyer.

                  For instance, a local home buyer will give you personal attention and be more empathetic to your situation. As such, they provide more flexibility and negotiate a deal that creates a win-win for both parties. Local buyers also offer more accountability and can build trust much easier. Plus, local home buyers contribute to the local real estate market by improving property values through neighborhood enrichment.

                  AT KLAMEN, WE BUY HOUSES FOR CASH IN MISSOURI

                  At Klamen Real Estate Group, we buy houses for cash in Missouri. We can appraise your property’s value and make a fair cash offer. You can close the sale of your house in as little as seven to 21 days. Call 314-721-6800 to get a fast cash offer on your house.

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                    We Buy Houses Fast for Cash

                    We Buy Houses Fast for Cash in St. Louis, Missouri

                    At Klamen Real Estate Group, we buy houses fast for cash in St. Louis, Missouri. If you are a motivated home seller who needs to sell your house fast but can’t find a buyer or don’t want the hassle of a traditional sale, we would love to meet with you and discuss your property. We work with home sellers in all types of situations: bankruptcy, foreclosure, probate, new job, divorce, damaged house, rental house.

                    If you are unfamiliar with a cash home sale, we encourage you to explore the benefits of selling your house to a company that buys houses in Missouri before calling the realtor. When you sell your house as-is for cash, you have virtually zero selling expenses. Plus, you don’t have to make any home repairs or upgrades. It’s the fastest and easiest way to sell your property in St. Louis.

                    Learn More About Our House-Buying Company in St. Louis, Missouri

                    At Klamen Real Estate Group, we are not realtors. We do not broker deals between buyers and sellers in St. Louis.

                    Instead, we ARE the buyers.

                    We work with home sellers who are in tight situations and need to get out of their mortgage or get rid of their house quickly. Although we are home investors, our ultimate goal is to create a win-win situation in which both parties walk away satisfied with the real estate deal.

                    Unlike a traditional home sale, we offer a cash home sale that simplifies the selling process and allows you to move on quickly after the sale without experiencing any financing or legal hardship. For this reason, we never lowball sellers when making a cash offer on the house. We partner together with you to negotiate a fair deal that you can work with.

                    Why Choose a Cash Home Sale Instead of a Traditional Home Sale?

                    One of the question we often get from sellers is

                    “Why should I sell my house to a local home buyer instead of hiring a real estate agent?”

                    It’s a good question that deserves a good answer.

                    First, let’s compare a traditional home sale to a cash home sale so that you see the difference.

                    Traditional Home Sale

                    A traditional home sale is still the most popular way to sell a house today. In a traditional sale, you prepare your house for sale, hire a real estate agent, list the house on the market, show the house to multiple prospective buyers, negotiate a deal with a buyer, close the sale and get paid. The entire process involves multiple steps and typically takes between 60 to 90 days to complete.

                    Cash Home Sale

                    A cash home sale is a private real estate transaction between a buyer and a seller. You do not hire a real estate agent or list the house on the market. You work with a single buyer who is already pre-qualified and has the resources necessary to pay cash for your house upfront. The entire process involves fewer steps and typically takes between seven and 21 days to complete.

                      Get Your Fair & Honest All-Cash Offer Today! No Obligations!


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                      What Are the Benefits of a Cash Home Sale?

                      One of the reasons we buy houses fast for cash is that it is less of a hassle and opens up more opportunities for you to sell your house fast in St. Louis. There are several advantages of a cash home sale over a traditional home sale.

                      • You make no home repairs or upgrades.
                      • You pay little to nothing to sell your house.
                      • You can sell your house as-is for cash for any reason.
                      • There are little to no closing costs.
                      • You do not have to hire a realtor or pay realtor commissions.
                      • You can sell your house when you want without waiting.

                      Selling a house in Missouri is expensive. Just the realtor commissions, closing costs, and home repairs combined add up to thousands of dollars that eat into your profits. When you consider all the work you have to do and the hours you spend finding a buyer, you have to ask yourself if a traditional sale is worth it.

                      A cash home sale takes the headache out of selling your property and allows you to move on with no strings attached.

                      At Klamen, We Buy Houses for Cash in Missouri

                      At Klamen Real Estate Group, we buy houses for cash in Missouri. We can appraise your property’s value and make a fair cash offer. You can close the sale of your house in as little as seven to 21 days. Call 314-721-6800 to get a fast cash offer on your house.

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                        Can I Leave Stuff Behind When I Sell My House?

                        Can I Leave Stuff Behind When I Sell My House?

                        Selling a house in Missouri today is stressful. 

                        A big portion of the stress comes from packing everything up and relocating your stuff to another place. If you have been living in the same house for several years, you probably have a stockpile of possessions in every room that you are dreading to move. 

                        However, you may not have to take it all with you if the buyer agrees to buy your house as-is – meaning, with all your unwanted stuff in the house. The problem is that most buyers don’t want to buy a house filled with someone else’s discarded junk. 

                        So, the question is: Can I leave stuff behind when I sell my house? If so, under what circumstances?

                        The answer is: Yes – here’s how:

                        Find a Cash Home Buyer in St. Louis, Missouri

                        A cash home sale allows you to sell your house as-is, including leaving your junk behind. How does that work?

                        In most cases, selling your house as-is means selling it for an agreed upon price regardless of its current condition. For instance, you can sell a damaged, vacant, or old house to a local home buyer in St. Louis, Missouri without making any home repairs or upgrades. You can even skip the home inspection because a home buyer is willing to purchase the property as-is. 

                        If you need to get rid of the property or get out of a mortgage but don’t have the money to fix up the house, a company that buys houses is often willing to buy your house as-is and close the sale quickly.  The buyer may even be willing to buy your house with all your unwanted items in it. They may pay a company to come in and clean out the house. 

                        Why Can’t I Leave Stuff Behind in a Traditional Home Sale

                        A cash home sale works differently than a traditional home sale. 

                        • In a cash home sale, the buyer is willing to buy your house as-is with no conditions. 
                        • In a traditional home sale, the buyer wants the house to be move-in ready.

                        Most regular home buyers today don’t want to buy a house that needs work. They’re not interested in a fixer-upper. There are two main reasons for this.

                        1. Buyers don’t want to spend the extra money to fix up a house on top of taking out a mortgage loan. It’s simply not worth the investment.
                        2. There are plenty of move-in ready homes in St. Louis, Missouri. A buyer is more motivated to buy a move-ready house than settle for a fixer upper or a house that has issues.

                        If you decide to leave your stuff behind, your house may not attract most buyers. This is why you can’t Leave stuff behind in a traditional home sale. Nobody will want to take the time or spend the money to remove your unwanted items.

                        Can I Get My Stuff Back at a Later Date?

                        The answer is yes and no. 

                        Yes: You can get your stuff back at a later date if you make an agreement with the new owner. For instance, the buyer may agree to relocate your stuff to a storage unit. When you reimburse the owner for their relocation costs or you agree to pay the monthly storage costs, you may be able to reclaim your items. 

                        No: If you and the buyer do not agree to any terms and conditions regarding your belongings, the buyer is free to do whatever they want to the items, including claim ownership. In most contracts, buying a house means claiming ownership of everything in the house. So, you may not be able to reclaim your items if there is no prior agreement when you close the sale.

                        So make sure that there is an understanding between you and the buyer before you leave stuff behind when you sell your house. 

                        Sell My House Fast in St. Louis, Missouri

                        Do you need to sell your house fast in St. Louis, Missouri? If so, contact Klamen Real Estate Group. We buy houses as-is in Missouri. Let us make a fair cash offer and buy your house right away. No closing costs. No home repairs.

                          Get Your Fair & Honest All-Cash Offer Today! No Obligations!


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                          Can I Sell My House Fast During Bankruptcy?

                          Can I Sell My House Fast During Bankruptcy?

                          If you are thinking about filing bankruptcy, you may feel that you are out of options for getting out of debt. While it is true that your financial options may be limited, there is one possible solution that you may want to consider. You can sell your house fast for cash to a local home buyer in St. Louis, Missouri

                          When you sell your house as-is, you may get the cash you need to pay off your mortgage and other debts. 

                          If you can pay down your debt, you may not have to file bankruptcy. You can start fresh without hurting your credit. You may be able to buy another home, purchase a car, or finally put some money aside. Even if a cash sale only covers your mortgage, you’ve still reduced your debt substantially, making it more manageable.

                          Can I Sell My House During the Bankruptcy Proceedings?

                          There are no federal or state laws prohibiting you from selling your house after you have already filed bankruptcy. However, you will need to work with the court, the bankruptcy trustee, and the mortgage company to come up with a plan to sell your house fast. This is why selling your house for cash is your best option. It eliminates all the hurdles to selling your fast, simplifies the process, and ensures that you pay off your mortgage quickly. 

                          By working with a local home buyer, you have more leverage to halt the bankruptcy proceedings and pay off creditors without damaging your credit. Local home buyers work with sellers in your situation. Therefore, they have the experience and the financial means necessary to buy your house right now so that you do not have to wait. 

                          Understanding the Bankruptcy Process in Missouri

                          When selling your house during bankruptcy, most courts follow a step-by-step process.

                          Obtain Permission from the Court

                          The bankruptcy court must approve the terms of the sale before a debtor closes on the property. This means that you will need to make sure the contract for the sale of your home includes a provision that states that the sale is subject to the bankruptcy judge’s approval.

                          Notify Your Creditors

                          Your bankruptcy attorney must notify your creditors before the property is sold. Your creditors have the right to object to the sale of your house. They also have the right to object to your repayment plan.

                          Disclose Details of the Sale to Creditors and the Court

                          You and your bankruptcy attorney must disclose the details of the proposed sale to both the creditors and the bankruptcy court before you can proceed. Those details will take the form of a Motion to Sell and a Statement of Sale. You must file these with the trustee and court.

                          The Motion to Sell will include:

                          • Home’s sale price
                          • Appraisal proving the property’s value
                          • Details of how the proceeds from the sale will be disbursed to the creditors

                          The Statement of Sale will provide a detailed account of all deductions made and profits earned from the sale of the home. It will include your home’s final sale price, closing costs, how much your mortgage lender is paid, and the amount of any leftover funds.

                          Once the Motion to Sell is filed, the court will schedule a hearing to give creditors time to object. So, set a closing date after the bankruptcy court has approved the sale. If the court approves the motion, the sale can proceed.

                          Proceeds Pay Your Creditors

                          All proceeds from the sale of your home become part of the bankruptcy estate. These proceeds must be paid directly to the bankruptcy trustee. The trustee will then disburse the proceeds to the creditors.

                          If the sale of your home allows you to pay off your repayment plan, you could have the bankruptcy discharged shortly after the sale. The trustee will approve the discharge, which the bankruptcy judge will sign. The final decree from the judge proves you are out of bankruptcy.

                          Sell Your House Fast Today with Klamen Real Estate Group

                          Selling your house does not have to be complicated or a long, drawn-out process. Klamen Real Estate Group makes it possible to sell your house fast in The St. Louis, Missouri as-is for cash. To find out more about the benefits of a cash sale, call us today at 314-721-6800 and get a fast cash offer.

                            Get Your Fair & Honest All-Cash Offer Today! No Obligations!


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                            Can You Sell a House Before a Mortgage Is Paid Off?

                            Can You Sell a House Before a Mortgage Is Paid Off?

                            You can sell your house before paying off your mortgage. Most mortgage terms are 10 to 30 years. Nearly 20 percent of all homeowners have bought more than one home in their lifetime. They likely sold their current home and bought another one before paying off the mortgage. In other words, there is nothing unorthodox or strange about selling your house while you still owe the lender.

                            The question is why you are selling your house – or, more importantly, how you plan to sell your house. For instance, you may be trying to avoid bankruptcy or foreclosure. So, you need an alternative to a traditional house for selling your house and getting out of your mortgage. Fortunately, there is a quick way to sell your property before you pay off your mortgage.

                            Why You Can Sell Your House Before You Pay Off the Mortgage

                            The mortgage lender doesn’t care if you sell your house. The lender’s only concern is whether the sale price covers the loan balance. If you can pay the mortgage, selling your house is not an issue.

                            Problems With Selling Your House the Traditional Way

                            However, establishing the sale price can be tricky due to all your selling expenses. The three biggest home-selling expenses include

                            1. Home repairs and upgrades
                            2. Realtor commissions
                            3. Closing costs and fees

                            You can’t just set a sale price above the mortgage balance. Instead, you need to set the sale price minus the selling expenses and hope that what’s left over covers the loan balance.

                            Here’s an example:

                            Loan Balance:

                            $200,000

                            Sale Price:

                            $220,000

                            Selling Expenses:

                            Home Repairs and upgrades

                            – $10,000

                            Realtor Commission (6%)

                            – $12,000

                            Closing Costs (4% of the loan)

                            – $8,000

                            Profit After Expenses:

                            $190,000

                            Loan Balance Remaining

                            $10,000

                            Can I Sell My House During Bankruptcy or Foreclosure?

                            Yes. Even if you are going through financial hardship, in most cases, the lender will allow you to sell your house. Again, it must satisfy the loan balance. Here’s why:

                            Lenders want to avoid two things:

                            • Owning a house: When a lender forecloses on your home, they have to assume ownership of the property. As a rule, banks don’t like owning properties. Why? Because they have to manage them. Plus, they have to go through the hassle of finding a buyer for the house.
                            • Having foreclosed properties on their books: A bank or mortgage company that has too many foreclosed properties is often scrutinized for being a hard lender. Banks don’t want a bad reputation with potential buyers.

                            In either case, the lender would rather work with you to sell the house and recoup as much of the loan balance as possible.

                            A Cash Sale Can Help You Get Out of Your Mortgage

                            There are several reasons why you may want to sell your house fast and get out of your mortgage: bankruptcy, foreclosure, probate, divorce, new job, military transfer, damaged house, rental house, or old house.

                            Regardless of your reason, a traditional home sale may not work for you. A traditional sale can take up to 60 to 90 days and cost you thousands of dollars in selling expenses. A better option may be a cash home sale. In a cash home sale, you work directly with a house-buying company in St. Louis, Missouri. The buyer makes a fair cash offer and closes the sale in as little as seven to 21 days.

                            How does a cash sale help you get out of your mortgage?

                            • You can close the sale in a week or two.
                            • There are little to no selling expenses.
                            • Sell your house as-is – no home repairs or upgrades.
                            • Sell your house regardless of your financial situation.
                            • Work with a single pre-qualified, committed buyer.

                            When you sell your house for cash you have no selling overhead. You don’t pay realtor commissions or home repairs. The buyer will often pay up to 100% of the closing costs. Whatever price you agree to sell the house for will likely not be undermined by thousands of dollars in selling costs.

                            Sell Your House to Pay Off Your Mortgage with a Cash Sale

                            If you are a homeowner and you want to sell your house before you pay off your mortgage, contact Klamen Real Estate Group. We buy houses as-is. We can pay cash for your property and close in as little as seven to 21 days.

                            Call 314-721-6800 to get a fast cash offer. Sell your house fast in St. Louis, Missouri.

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                            Can I Get Cash Fast for My Home in St. Louis, MO?

                            Can I Get Cash Fast for My Home in St. Louis, Missouri?

                            You Can Get Cash Fast from a Cash Home Buyer in St. Louis.

                            “How do I sell my as-is home in St. Louis?”

                            Currently, the St. Louis real estate market is highly competitive. There are a lot of qualified buyers, but not enough houses. The house in the best condition in prime locations will be the first to go. 

                            If your house is not in excellent condition and needs repairs or home improvements, you may have a difficult time finding a buyer. However, there is an alternative to listing your house on the market or searching for real estate agents.

                            You can sell your house as-is in St. Louis, Missouri. Companies that buy houses can look at your property, make a cash offer, and close the sale quickly. Best of all, you can sell your house as-is. You do not have to schedule a home inspection or make repairs. Plus, you do not have to pay closing costs or real estate commission. 

                            Read below to find out the benefits of selling your house as-is to a real estate investor.

                            Is Selling As-Is Better Than a Traditional Sale?

                            Most home sellers in St. Louis, MO, sell their property that way. However, a traditional sale may not work for you if you need to sell your house fast. So, if you need to put your home up for sale, you need to know the difference between a cash sale and a traditional sale.

                            A Traditional Sale

                            You essentially enter the property into the real estate market in a traditional sale. You list your house on popular real estate websites, hire a real estate agent, and show the house to potential buyers. If you have a fixer-upper, you may need to make repairs or upgrades to make the house more attractive. The steps in a traditional sale look something like this:

                            • Prepare your house for a sale – repairs, upgrades, home improvements.
                            • Schedule a home inspection and appraisal.
                            • Choose from local real estate agents in your area.
                            • List the house on an online marketplace or real estate listing site.
                            • Show the house to multiple potential buyers.
                            • Find a buyer and negotiate the terms of the sale.
                            • Schedule a closing date to finalize the sale.

                            A Cash Sale

                            In a cash sale, you bypass the real estate market altogether and work directly with a company that buys houses in St. Louis. Even if you have a house in poor condition, you can work with someone who may buy houses for cash. The process of selling your house is much easier than in a traditional sale. The steps in a cash sale may look like this:

                            • Contact local companies that buy houses in St. Louis, MO. 
                            • Schedule a quick walkthrough with a buyer willing to pay cash for the house.
                            • The buyer makes a cash offer.
                            • If you agree to the sale price, you schedule a close date.
                            • The buyer pays the closing costs and gives you a check to finalize the sale.

                            Is a Cash Sale Right for Me?

                            If your house is not move-in ready or you are going through a situation that prevents you from selling a house on the market, a cash sale could be your best option. Consider these possible situations when you list your home for sale.

                            You Live in an Old House

                            If you live in an old house in St. Louis, you will have difficulty competing against home sellers with newer properties. You may have to adjust your sale price significantly lower or spend thousands of dollars upgrading your house. If you do not have the time or money, a cash buyer can buy your house as-is, regardless of its age.

                            Your House Is Damaged

                            If your house is damaged by a fire, storm, or vandalism, you will have a hard time finding a buyer who will purchase the property as-is. You will either have to lower the sale price or spend thousands of dollars restoring the house. If you don’t want to bother with repairs, a buyer can make a cash offer to take the property off your hands with no strings attached.  

                            Vacant House

                            One type of house that a real estate investor looks for is a vacant house. One reason is that vacant properties become increasingly difficult to sell the longer they stay vacant. If you have a vacant house that you can’t seem to sell, you can work with a buyer to get out of the property. 

                            Call Today to Schedule a Quick Walkthrough

                            If you need to sell your house fast and need help, Klamen Real Estate Group can buy your house right now. We buy houses as-is in St. Louis, Missouri, and the surrounding area. Call us today at 314-721-6800 to get a fast cash offer.

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