What is a Home Cash Sale in St. Louis, Missouri?

“Can I Sell My House for Cash in St. Louis, Missouri?”

A cash sale involves a direct transaction between you, the seller, and a buyer. The buyer may be an individual professional or a company that buys houses in St. Louis, Missouri. The buyer looks at your property and makes a fast cash offer. If you accept the offer, you schedule a close date, pick up your check, and walk away. It’s that simple.

A home cash sale differs from a traditional sale in that you don’t list the house, hire a realtor, or do anything to prepare the property for sale. In essence, it eliminates all the steps in a traditional home sale. If you are in a situation where you need to sell your property quickly, a cash sale may be your best option. 

How Does a Home Cash Offer Work?

Unlike a traditional sale where you have to jump through several hoops to find a buyer and land a deal, a cash sale is quite simple. You can complete the sale in these five steps:

Step 1: Find a Company That Buys Houses

If your house is for sale, a buyer may approach you. If not, you can go online or ask around to find a reputable company that buys houses in St. Louis, Missouri. Companies like Klamen Real Estate Group are local home buyers – so stay local and work with a buyer in your area.

Step 2: Schedule a Quick Walkthrough of the Property

One of the benefits of a cash sale is that you only have to work with a single qualified buyer – not many potential buyers. So, you only have to show your property once. Plus, you don’t have to do anything to prepare the property for a showing. The buyer would rather see the property as-is. 

Step 3: Get a Fast Cash Offer

Another benefit of a cash sale is that you do not have to wait for an offer. If the buyer is interested in your property, they will likely make an offer within 24 to 48 hours. While there are no guarantees of how much the offer will be, the offer will probably be just under the current market value of your property. A reputable buyer will not low-ball you. 

Step 4: Accept the Offer and Close the Sale

If you agree to the offer, the final step is to close the sale. It is by far the easiest part of a cash sale. You schedule a close date that is convenient for you. Afterward, you meet with the buyer to sign the papers. The buyer gives you a check and pays most or all closing costs. You are free to walk away with no strings attached. 

My Situation Is Unique – Can I Still Sell My House for Cash?

You may be in a situation that seems hopeless and prevents you from selling your house. It may be the case in a traditional house. For instance, you may be going through probate, bankruptcy, foreclosure, or a divorce. However, nothing prevents you from doing a cash sale. Companies that buy houses work with sellers in all types of situations, such as:

Back Taxes	Forbearance
Bankruptcy	Foreclosure
Damaged House	Inherited House
Distressed House	New Job
Downsizing	Relocating
Fast Sale	Rental Property

You can sell your house for cash regardless of the house’s condition or any legal situation you may currently be in. In fact, a cash sale may actually be the solution for helping you get out of your circumstances. 

Get a Fast Cash Offer From Klamen Real Estate Group

Before you contact the real estate agent, contact us first. Klamen Real Estate Group can help you save thousands of dollars and give you the flexibility you need to sell your house fast in St. Louis, Missouri. Call 314-721-6800 to get a fast cash offer from our team!

Can I Sell My House As-Is in St. Louis, Missouri?

You Can Sell Your House As-Is Directly to 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 Wichita, KS
• 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.

How Do I Sell My House Fast in St. Louis, Missouri?

Learn How to Sell Your House Fast in St. Louis, MO

You may be asking yourself, “How do I sell my house fast in St. Louis, Missouri?”

You may currently be in a situation where you need to sell your house right away but have limited resources and have no idea where to start. It could take months to sell your house on the market. Plus, you don’t have the money you need to make the necessary repairs. What is the best solution for selling your house right now in a tough St. Louis market?

Perhaps your best option is to sell your house fast for cash to a local buyer in the St. Louis area. A cash sale gives you the freedom to sell your house immediately regardless of your situation. Show your house to a professional buyer, accept their offer, close quickly, and walk away with no strings attached. It’s a far simpler and smarter approach to a house sale in Missouri. 

St. Louis, Missouri Home Buyers Pay Cash for Houses

Today, you have to jump through several hoops and jump numerous hurdles to sell your house. It makes you wonder if it is worth it just to find a buyer. When you work directly with a buyer, you eliminate all the needless steps. You can complete a cash sale in three easy steps.

Step 1: Contact a Home Buyer

Instead of working with a real estate agent or broker, you can sell your house fast directly to a home buyer. Simply call the buyer and schedule a quick walkthrough of the property. 

Step 2: Get a Fast Cash Offer

If the buyer is interested in buying your property, they will make a fast cash offer. Most offers come in just under the house’s current open market value. Expect an offer within 24 to 48 hours.

Step 3: Get Cash for My House

If you accept the offer, schedule a convenient, close date. The buyer will pay most or all of the closing costs. Once you finish closing the sale, the buyer hands you a check. It’s that simple!

Why Choose a Cash Offer Over a Traditional Sale?

As the name suggests, a cash sale is the simplest possible transaction when selling your house. It is especially valuable when you need to unload your property quickly and move on to the next stage of your life. Some of the advantages of selling your house for cash include 

Reason #1: You Don’t Have to Wait to Close

If you are in a hurry to sell your home, a traditional sale may not work for you. Currently, it takes 60 to 90 days to sell a house on the market. You may have to spend another 30 to 45 days going through the closing process. In a cash sale, you can show the house, accept the offer, and close the sale in seven to 21 days. You don’t have to wait to close.

Reason #2: You Avoid Selling Costs

Selling costs can add up: marketing costs, showing the house, repairs and home improvements, realtor commissions, selling fees, and closing costs. By the time you’ve spent thousands of dollars selling your property, you may make little to no profit. When you do a cash sale, you spend zero on selling costs. It is an ideal way to sell if you don’t have any money upfront.

Reason #3: Sell Your House As-Is – No Repairs

Finding a buyer is almost impossible if you have an old or damaged house. Most potential buyers will make you perform certain repairs before they agree to a sale. When you work directly with a local buyer, there are no conditions. You sell your house as-is – no repairs or renovations necessary.

Does My Situation Prevent Me From Selling My House?

If you sell your house the traditional way, you may currently be involved in a situation that prevents the sale from happening. For instance:

• You are going through a divorce and need to sell the house right away to complete the divorce process.
• You are trying to avoid bankruptcy or foreclosure on the house.
• Your house has been vacant for over a year, and no one is looking at the property.

Fortunately, these types of situations do not prevent you from selling your house for cash. The main reason is that the buyer can take the property off your hands with no conditions. A cash home sale relieves you of almost any financial or personal situation you are struggling with right now. 

We Buy Houses for Cash!

At Klamen Real Estate Group, we buy houses for cash. We work directly with motivated sellers in situations similar to yours. Our team can do a quick walkthrough of your property, make a fair cash offer, and close the sale in as little as seven to 21 days. You can sell your house as-is and walk away with no strings attached. 

We take the hassle out of selling your house by helping you move the property in only a few steps. Don’t worry about your situation. We can buy the property so that you can move on.  

Contact Us to Sell Your House Today!

Regardless of your current situation, it is possible to sell your house fast in St. Louis, Missouri. Klamen Real Estate Group can help you sell your home. We buy houses as-is for cash. Call 314-721-6800 to get a fast cash offer today.

Do I Need a Realtor to Sell My House in St. Louis, Missouri?

St. Louis, Missouri, is a challenging real estate market. With people constantly moving in and out of the area, houses are always for sale. That means when you go to sell your house, you will have competition from other sellers with similar homes and markets. For this reason, most home sellers turn to a real estate agent to sell their house. 

There are several benefits to hiring a realtor – professional advice, negotiation skills, and market knowledge. Plus, you can hand over most of the responsibilities to the realtor, who will guide you through the selling process. However, is it always necessary to hire a realtor? Does your situation call for a better alternative? Below we look at the pros and cons of hiring a realtor and what other options you may have.

What Does a Realtor Do?

The key role of a realtor is to sell your house. However, it’s now that simple. What you really want is a realtor who can sell your house fast for a favorable asking price. Furthermore, you want the realtor to save you as much money in selling costs as possible. When these stars align, a realtor adds significant value to a home sale. Plus, they save you a lot of time and energy that you would have spent selling your house on your own.

Digging deeper, some of the core tasks that a realtor undertakes include

• Lists your house on MLS sites and other marketing platforms
• Performs a comparative marketing analysis to assess your house’s value
• Schedules inspections and appraisals
• Makes recommendations on how to improve your house’s sellability
• Shows your house and meets with potential buyers
• Negotiates the terms of the sale with buyers
• Sits in during the closing of the sale

Granted, this is just a skeleton list of what realtors do to sell a house. While it is true that realtors are helpful, there may be some downsides to hiring a realtor to sell your house.

Are There Downsides to Hiring a Realtor?

While there are many pros to hiring a realtor to sell your house, there are also a few cons.

High Commissions

Most realtors earn their money exclusively from the commission. They take a cut of the house’s sale price off the top, leaving you with the rest. How much do they take? A realtor typically makes a six percent commission from the sale. That doesn’t seem like much until you do the math. Realtors can make thousands of dollars in commissions from the sale of one house.

No Guarantees

The most talented and consistently successful realtor in Missouri cannot guarantee the sale of your house. Numerous factors determine when, if, and how much you sell your house for. On average, it takes 60 to 90 days to sell a house in today’s market. That doesn’t include the time you spend making repairs and closing a sale. It could take months.

Realtors Are Not Your Friends

That’s a bold but true statement. There are plenty of realtors who are honest, hard-working and love their clients. But the end game for realtors is to make a living and a profit from the sale. Therefore, there is no assurance that the realtor selling your home is always working on your behalf. Some realtors may make deals under the table at your expense just to land the deal. After all, business is business.

You May Not Need a Realtor

Not every seller’s situation requires the services of a realtor. Some home sellers attempt a For Sale by Owner (FSBO), choosing to sell their house on their own. Others may go through a broker. Still, others may rent their house out. We find that more homeowners today choose to sell their house as-is for cash directly to a company that buys houses.

What is the Best Alternative to a Traditional Sale?

If you do not want to hire a realtor to sell your house, you can sell your house as-is for cash directly to a buyer. Klamen Real Estate Group works with homeowners in St. Louis, Missouri, to sell their houses off the market. We offer a simple three-step plan for unloading your property quickly.

Step 1: Contact Us

Before you contact a real estate agent, call us first. You can schedule a quick walkthrough of your property whenever it is convenient for you. There is no obligation or pressure to sell. We can look at the property and decide if we want to buy it. If so, we will make an offer.

Step 2: Get a Fair Cash Offer

If we like what we see, we’ll make a fast cash offer within 24 to 48 hours. You don’t have to wait for several days to land a deal. We make a fair offer that is just below your house’s current real estate market value. Once we make an offer, we never change it.

Step 3: You Get Paid

If you accept our offer, we schedule a closing date that is convenient for you. We show up, sign the paperwork, and pay all closing costs. You can close in as little as seven days. Working with us is easier than selling your house in the traditional way.

Contact Klamen Real Estate Group to Sell Your House Fast

You don’t have to wait to unload your property. If you need to sell your house fast in Southern Missouri, contact Klamen Real Estate Group. We can look at your property, make an offer, and close in as little as seven days. Call 314-721-6800 and get a fair cash offer.

Can I Trust Selling My House Directly to a Buyer?

Chances are, regardless of your current situation, when you decided to sell your house, your first thought was to contact a real estate agent and list your house on the market. This is known as a traditional sale or conventional selling method – mainly because it’s the most popular way to sell a house.

Since this way of selling your home is what you are used to, you may avoid any alternatives simply because you do not trust them. While it may be understandable, there may be a better option of selling your house that suits your situation. One option is to sell your house fast for cash directly to a local buyer in St. Louis, Missouri.

What Does It Mean to Sell My House Directly to the Buyer?

When you choose a traditional house sale, you are likely to go through the following steps:

• Contact a real estate agent.
• List the house through the agent.
• The agent markets and shows the house.
• The agent negotiates with the buyer.
• The agent sells the house.
• The agent helps you close the sale.

On the surface, it appears that the agent is doing all the work – this is true. However, you still must go through all the steps to sell the house. Plus, you incur most of the selling costs. The entire process typically takes three to six months from listing to closing.

When you choose a fast cash sale, you are likely to go through the following steps:

• Contact the buyer directly.
• Schedule a walkthrough.
• The buyer makes an offer.
• You agree to the offer.
• You close the sale.

As you can see, the process of working directly with the buyer eliminates a lot of steps. Plus, you do not have to go through a realtor. You also avoid repairs, closing costs, and realtor commissions. The entire process typically takes seven to 21 days. Best of all, you do not list your house on the market.

Can I Trust a Cash Sale Directly with a Buyer?

The answer is yes, you can trust a cash home sale. There are several reasons why.

Most Buyers Are Local

It is true that national real estate buying companies exist. However, you can find a reputable local buyer here in St. Louis, Missouri. A trustworthy buyer has experience working with home sellers, has a good reputation in the industry, and has earned the trust of other professionals. They typically buy and sell several houses per month.

Most Buyers are Pre-Qualified

What do we mean by ‘pre-qualified?’ The buyer can either pay cash for the house or secure a loan from a lender with whom they have a longstanding professional relationship. This is a huge perk for you, the seller, since you do not have to wait for the buyer to get approved for a loan, taking one to two months in a traditional sale.

You Save Thousands of Dollars in Selling Costs

Realtors often appear to be a safe bet, simply because they are realtors – nothing else. However, realtors make an average of six percent commissions on a house sale. In addition, you still have to pay for all repairs, showings, and closing costs. When you sell your house to a buyer, all the selling costs disappear. 

You Can Sell Your House Regardless of Your Situation

If you are going through a legal situation, a realtor may not help you sell your house fast. If you list it on the market, finding a buyer can take months. There is virtually nothing that can prevent you from selling a house directly to a buyer. Furthermore, a cash sale can help you avoid serious legal problems such as foreclosure, bankruptcy, short sale, probate, or a distressed house.

Buyers Are Often Looking for Deals

A local buyer is more likely to shoot straight with you because you already know their end game – to make a profit. They’re more likely to tell you what your house is worth and what they’re willing to pay upfront. They’re not going to play the same cat-and-mouse game as regular buyers. Simply put, professional buyers are not going to waste your time. 

Sell My House Fast in St. Louis, MO

Before you contact the realtor or list your house on the market, do not pass up the chance to sell your house as-is for cash. Klamen Real Estate Group is here to help you find the most straightforward solutions to get cash-in-hand quickly without wasting time and money on repairs and closing costs. To schedule a quick, no-obligation walkthrough with one of our local house buyers, call 314-721-6800.

Can I Sell My House Fast in a Tough Economy?

Every day concerns about the local and national economy keep mounting for homeowners in the St. Louis area. Yet with the possibility of a major economic downturn on the horizon, you may still be in a situation where you need to sell your house fast. Foreclosure, bankruptcy, new job, relocation, probate, forbearance, or downsizing may put you in a position where you need to unload your property quickly. 

What is the best way to sell your house fast when economic conditions are not ideal, and it’s a buyer’s market? You have three main options: a traditional sale, a For Sale by Owner (FSBO), or a cash sale. Which is best? If you need to sell your house right away, you may want to opt for a cash sale with a local home buyer in St. Louis, Missouri. Let’s look closer at how a cash sale can help you sell your house in a tough economy. 

What is a Cash Sale? 

A cash sale differs from a traditional sale in that you are working directly with a buyer to close a sale as quickly as possible. The buyer agrees to purchase the property as-is. That means you sell the house in its current conditions regardless of its condition or your current situation. In most cases, the buyer can close the sale in only a few days and pay most or all of the closing costs. 

The only potential downside to a cash sale is that the buyer purchases the property just under its current market value. However, it might not make any difference when considering the repairs, closing costs, and realtor commissions that will eat in your profits. Plus, if you have to sell your house fast, making a profit may not be a priority. 

Can the Current Economy Affect a Cash Home Sale?

If you try to sell your house in the market the traditional way, you are likely to run into some challenges. Some of your biggest obstacles may include

• Competing with other sellers in your market
• The increasing cost of repairs and building supplies
• No guarantee of when you will find a qualified buyer
• The possibility of an upside-down mortgage (underwater mortgage)

When the economy takes a downturn, it affects the entire real estate market. If you are selling your house on the market, you may have to make some unwanted adjustments just to move the property. 

Fortunately, a cash home sale is not affected by economic conditions. In other words, you can sell your house when you want and bypass the challenges of a traditional sale. 

• Avoid making repairs or upgrades to the property.
• Sell your house without listing it on the market.
• Work directly with a single qualified buyer.
• Avoid paying realtor commissions and closing costs.
• Sell your house as-is regardless of your current situation.

How Do I Sell My House for Cash?

One of the best things about a cash sale is that you can unload your property quickly regardless of the economy. Klamen Real Estate Group makes it possible to sell your house as-is in four easy steps.

Step 1: Contact Us Today

Contact Klamen Real Estate Group and schedule a walkthrough. We take a quick look at your property. The walkthrough is simple, and you are not obligated to sell your house on the spot. Feel free to ask questions while we are there.

Step 2: We Do a Quick Walkthrough

We arrive at your house and take a quick look at your property. We assess your property’s value to determine if we want to buy the house. You do not have to make any repairs or upgrades to the property. We buy houses as-is. 

Step 3: Get a Fair Cash Offer

If we are interested in buying your house, we will make a fair cash offer. You can expect an offer within 24 to 48 hours so that you do not have to wait. Our offer will be based on a percentage of your home’s current market value.

Step 4: Get Paid Cash for Your House

If you accept our offer, then your next step is to schedule a convenient date and time to close on the house. At the closing, we will sign the paperwork. We will also pay most or all of the closing costs to save you money. Selling your house for cash has never been easier!

Contact Klamen Real Estate Group to Get a Fast Cash Offer

If you need to sell your house fast and want to avoid a traditional sale, contact Klamen Real Estate Group. Call us today at 314-721-6800 to get a fast cash offer.

Can I Sell My House During Foreclosure?

If you are late on your mortgage payments by more than 120 days, the mortgage lender may decide to repossess the house and evict you or your family. From there, they will attempt to make a short sale or sell your house at auction and recoup as much of the mortgage as possible. That grim reality may make you feel that you are out of options. Even worse, you may fear that a foreclosure may prevent you from buying another home any time soon.

However, even if you cannot catch up on your mortgage payments and losing the house is likely, there is still an option. You can sell your house fast for cash to a local home buyer here in St. Louis. An investor can look at your house, make a fast cash offer, and close the sale in as little as seven days. You pay off the mortgage, walk away with no strings attached, and avoid foreclosure. 

What is Foreclosure?

Foreclosure is a legal process in which the bank attempts to recover what you owe on a mortgage loan that has gone into default due to late payments. Instead of forcing you to catch up on the payments, the lender may attempt to take ownership of the property and sell it. The terms of the foreclosure are typically outlined in your loan contract. 

The laws in Kansas give lenders the right to take ownership of a house for late payments or breach other terms of the contract. Foreclosure can affect your life and your family in the following ways:

• You lose your property with nothing in return.
• The foreclosure remains on your credit report for seven years.
• If the lender sells the house for less than the loan’s balance, you may still be responsible for paying the remainder of the balance.
• You may not be able to purchase another home or get credit for up to three years. 
• Foreclosure on your credit report can keep you from getting certain jobs.

Can I Legally Sell My House During Foreclosure?

You can sell your home up until it is sold at auction or the bank takes possession of your house. During this period, the property is in pre-foreclosure. If you sell your house fast, you can try to settle your debts with the lender. You can avoid foreclosure by selling your house and net enough to pay off everything you owe the lender, including back mortgage payments, penalties, and fees. You won’t own your house anymore. However, you will avoid a foreclosure showing up on your credit report.

Currently, no laws are preventing you from selling your house during foreclosure. However, you will need to inform the lender you plan to sell the house and how much you plan to sell it for. Keep in mind that the lender may try to get a deficiency judgment against you. The lender may take legal action against you for the balance of the mortgage. However, this will happen regardless of what method you use to sell the house. 

Avoid Foreclosure: Sell Your House for Cash

You may be looking at options that help you avoid foreclosure, such as loan reinstatement, debt restructuring, bankruptcy, or forbearance. However, these options can only make matters worse. They require long, drawn-out processes in which you may have to hire a lawyer to challenge the bank. Plus, they may not solve the underlying problem: your inability to make the payments on your house. 

A better solution may be to sell your house for cash to a local house buyer in Wichita, Kansas. There are several benefits to selling your house for cash, such as:

• Sell your house faster – in as little as 30 days.
• Avoid closing costs, realtor commissions, and marketing costs.
• We buy your house as-is with no need for repairs or renovation.
• Avoid showing your house multiple times.
• Save your credit by avoiding foreclosure.

When you work with a local buyer, you can unload your property quickly without incurring hundreds of dollars in selling costs. You can also get rid of your property before the bank takes over your house.

Sell Your House in 3 Steps

When you go the traditional route for selling your house, the process can be complicated. You must meet with a realtor multiple times, list your house on the market through various platforms, and find creative ways to make your house more attractive. Plus, there are no guarantees if or when you’ll find a qualified buyer. Our process of buying your house is fast and easy.

Talk to Our Local Home Buyers

Feel free to call one of our local buyers to schedule a quick house visit. We can answer your questions, discuss your options, and do a quick run-through of the property. Don’t worry about making any preparations. We are happy to view your house as-is.

Let Us Make an Offer on Your House

If we like what we see, then we’ll make an offer on your house without delay. We typically make offers at just under the house’s value. Our cash offers are fair and consistent with no changes once the proposal is submitted.

Get Cash for Your House

If you accept our offer, then schedule a close date that is convenient for you. We show up and sign the paperwork, pay all the closing costs, and seal the deal. We can pay you cash for your house in as little as seven days from closing.

Sell My House Fast in St. Louis, Missouri

At Klamen Real Estate Group, we buy houses for cash. We pay all closing costs and do not charge any fees. Our company purchases property as-is and puts cash in your hands in as little as 30 days. Call one of our local cash home buyers today at 314-721-6800 and schedule a quick walkthrough with one of our house buyers in St. Louis, Missouri.

Does Bankruptcy Prevent Me from Selling My House?

If you are getting ready to file bankruptcy, one of the issues you may need to consider is what to do with your house. Although bankruptcy may allow you to keep your house, you will likely have to continue paying your mortgage. In many cases, the mortgage is adjusted based on an agreement between the lender and the bankruptcy trustee or court. 

If you plan on getting out of your mortgage, you may be able to sell your house fast for cash so that you can pay off the mortgage balance and any other debts. Selling your house to a local home buyer in St. Louis, Missouri, may even prevent you from having to file bankruptcy, allowing you to keep your credit intact.

Can I Lose My House in a Bankruptcy?

There is no definitive answer to that question. Whether you lose your house in bankruptcy largely depends on three factors.

Bankruptcy Type

There are two main types of bankruptcies: Chapter 7 and Chapter 13. The difference between the two involves exemptions that you are entitled to. Bankruptcy is designed to give you a fresh start, not leave you broke. Therefore, the federal government allows certain exemptions. If your property is worth less than a specified dollar amount, you can keep it.

Home Equity

When deciding whether your property is exempt, the trustee considers your house’s equity. Equity is the market value of your house minus the balance on your mortgages or home equity loans. If you have equity in your home over the exemption limit, you may be forced to sell your house to pay your debt or buy it back by paying the trustee the value of your house.

Your Mortgage

Assuming you kept your house throughout the bankruptcy process, you are free to keep your home if you continue to pay the mortgage after the bankruptcy. It may be that after you are free of all the rest of your debt, you will be able to afford the mortgage payments. If so, you’ll be able to keep your house.

Can I Sell My House During Bankruptcy?

Once you file for bankruptcy, a trustee is assigned to your case to assess your house’s value and assets. Since your house is shielded under bankruptcy, the mortgage cannot foreclose on the property. This allows you to sell your house fast while filing for a Chapter 7, 11, or 13 bankruptcy. However, you must get permission from the court to sell your house.

If you can demonstrate that you plan to sell your house for cash to pay off your mortgage or other debts, the court may permit you to sell your house. A local home buyer can work with you and the bankruptcy trustee to file a motion to sell the house with the bankruptcy court. Selling your house to an investor is much easier than trying to list it on the market and go through a realtor.

Benefits of Selling Your House for Cash During Bankruptcy

If you are like most people, you will probably plan to sell your house the traditional way. You contact a realtor, list your house on the market, make the necessary upgrades, show the house a few times, and finally find a buyer a few months later. If you’re lucky, you may find a buyer within a few weeks. However, there might be a smarter and easier way to sell your house fast. 

Consider these comparisons below:

You Don’t Wait to Sell Your House

If you are in a hurry to sell your house, you do not have time to wait for an offer three to six months down the road. When you sell your house as-is for cash, you can close the deal in as little as seven days.

We Simplify the Selling Process

Selling your house on the market involves a long, drawn-out process that includes marketing, repairs, showing, and closing. We eliminate these steps and make it easier to sell your house without the hassle.

You Save Money in Selling Costs

Making repairs, paying realtor commissions, and paying closing costs can eat into your profits. Selling your house to Klamen Real Estate Group can save you thousands of dollars. Let us handle the closing costs and repairs.

We Know the St. Louis Market

Not even realtors know the real estate market as well as we do. Our professionals know the market, the people, and the property values in this area. We can make you a fair cash offer for your house.

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 St. Louis 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.

Can I Still Sell My House Fast If I Owe Back Taxes?

If you owe back taxes on your house, you could lose the property to a tax sale or foreclosure. The government could seize the property and sell it to reclaim the taxes. Even if your house is paid for, you could still lose it simply because you haven’t paid your taxes. Even after you sell the house, you may still owe taxes to the government. 

However, you may be able to get out of your taxes if you sell your house to a local home buyer in St. Louis, Missouri. A local buyer may be able to buy your house and assume payment of the taxes, allowing you to walk away free and clear. You can also avoid other expenses such as repairs, closing costs, or realtor commissions. This is a better option than a traditional sale. 

Why Are Property Taxes Mandatory?

If you own a home, you are required by Missouri law to pay property taxes. The city and state use taxes to fund various services such as parks, roads, libraries, or schools. How much tax you pay depends on your home’s current appraised value. Regardless of what your home is worth, the taxes are almost always too high.

In many cases, a service provider on behalf of your home’s mortgage lender will collect property taxes as part of the monthly mortgage payment. They will pay the taxes on your behalf through an escrow account. If the taxes aren’t collected and paid through escrow, you must pay them on your own. If you do not pay the taxes, the past due amount turns into a lien on your house.

What Are the Penalties for Not Paying Property Taxes?

Missouri follows a step-by-step process that allows the taxing authority to sell your property and claim past due taxes. The process involves the following steps:

Tax Lien Auction

A county treasurer may sell the tax lien on your house at an auction or, in some cases, in a private sale. The winning bidder gets a tax certificate and becomes the lien’s owner. The county treasurer must mail you notice before the tax lien sale. It must also publish the notice of sale in a newspaper or online.

Tax Lien Sale Redemption

After the tax lien sale, you get at least one year to pay off all lien charges and interest. This is known as property redemption. After one year expires, the tax-lien purchaser can foreclose on your Missouri home by filing a lawsuit in court. As part of the foreclosure, the home will be sold to satisfy the debt. However, you can still redeem up until the court confirms the sale, which finalizes the foreclosure. 

Tax Foreclosure

The county treasurer may start a foreclosure against you in court. The court will enter a judgment and order the home sold at auction to satisfy the tax debt. After the court confirms the sale, the winning bidder gets a deed to the home. 

The only way to stop the tax lien and/or foreclosure is to either pay the taxes and satisfy the debt or sell your house fast before the proceedings are complete.

Can I Sell My House If I Owe Back Taxes?

The answer is yes, you can sell your house even if you owe back taxes. A tax lien on your property, either by the IRS or another organization, should not keep you from being able to sell your house fast. It should help your situation. Liens do extend to the value of your property as well as your other financial holdings. So, when you have a lien on your house, how do you sell it? 

First, you need to look at the amount of back taxes you owe versus your property’s value. This will determine whether selling the house will pay off the taxes in full. In many cases, the IRS will require that you factor in your owe taxes when estimating the profit you will make off the sale. If your house is worth more than the taxes and selling the property will pay off the full amount of the taxes, the sale of your house or property will most likely be possible.

Sell Your House Today and Avoid a Tax Foreclosure

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 St. Louis as-is for cash. To find out more about the benefits of a cash sale, call us today at 314-721-6800.

5 Reasons to Sell Your House Fast in St. Louis, Missouri

Selling a home today can be stressful. One of the main reasons for this is that it can take 60 to 90 days to sell a house on the market. That does not include the time you spend preparing to sell the house and closing the sale afterward. While some people can wait that long, you may be in a situation where you need to sell your house as-is in St. Louis, Missouri, so that you can move on.

Whether you need to sell quickly for a new job, for financial reasons, or because of a personal circumstance, it is possible to sell your house quickly. If you are in a situation where you need to get out from underneath the property or a mortgage, you can sell your house directly to a buyer and close quickly. Below, we look at 5 reasons to sell your house fast in St. Louis and how you can unload your property in no time.

Reason #1: A New Job

So, you finally landed your dream job. However, there is just one problem: you have to relocate and start your new job right away. It puts you in a position where you need to sell your house right away to move forward in your new position. However, you do not have the time you need to get the house ready to sell. 

Fortunately, you do not have to wait. You can work directly with a buyer to sell your house fast without putting it on the market or hiring a realtor. A cash sale eliminates all the complicated steps of a traditional sale, giving you the freedom to sell your house when you want. That way you can start your new job on time.

Reason #2: Foreclosure or Bankruptcy

Foreclosure and bankruptcy are on the rise. COVID-19 has caused many people to lose their jobs, putting them in danger of foreclosure or bankruptcy. The recent forbearance act has come to an end, making homeowners and renters more vulnerable to eviction. If you are facing foreclosure or bankruptcy, you may be looking for a way to avoid foreclosure.

Since you do not have time to sell your house on the market, a smarter, faster alternative is to sell your house for cash. As long as the foreclosure or bankruptcy process is not complete, you still have time to unload your property and walk away with your credit intact. The buyer can either take over mortgage payments or put enough cash in your pocket to help you pay off the mortgage.

Reason #3: Probate

If you and your family are currently going through probate due to losing a loved one, you may be unsure how to pay off the loved one’s remaining debt and taxes. Furthermore, you have to figure out how to handle all assets and property. Unfortunately, you do not have the resources to pay the debts and taxes. So, you may need to sell your inherited house fast to raise money to pay off the debt.

Instead of making repairs and upgrades to the house, you can sell your inherited property as-is for cash. When you sell the property to a buyer, you can seal the deal in as little as seven to 21 days. This method of selling your house gives you the cash you need to pay off your loved one’s remaining debts and close the probate case. 

Reason #4: Damaged House

Has a recent storm or flood damaged your house? If so, you may be looking at options for selling your house instead of making repairs. The problem is that your house may no longer be sellable due to structural damage that is both costly and unsafe. Competing with other sellers on the market can be an uphill battle.

Fortunately, you don’t have to spend thousands of dollars making necessary repairs or upgrades to the house. It is possible to sell your damaged house as-is directly to the buyer. The buyer agrees to buy your house in its current condition regardless of the damage. You can simply walk away from the house with cash in your hand.

Reason #5: Bad Tenants

Do you have tenants that are not paying rent? Are you having difficulty evicting your tenants due to Missouri state laws? Even if you could get rid of your tenants, you may decide that it’s time to get out of the landlord business altogether. If so, the last thing you want to do is spend a lot of time and money going through a lengthy selling process. 

When you work directly with a buyer, you can sell your rental house fast. Even if tenants still live in the house, you can still legally sell it to a buyer. The buyer, in turn, takes full responsibility for dealing with the tenants once you close the sale. You can simply sell your rental house as-is and move on.

Sell Your House Fast in 3 Easy Steps

Step 1: Contact Us

Call us today and tell us about your property. We will schedule a quick walkthrough of your house. No need to renovate or prepare your home. We buy houses as-is.

Step 2: Get A Cash Offer

If we are interested in buying your property, we’ll make a fair, no-obligation cash offer. We make most offers within 24 to 48 hours. Our offers come in at just under the current value of your house.

Step 3: We Pay Cash For Your House

If you accept our offer, then schedule a closing date that is convenient for you. We pay all closing costs and put cash in your hands in as little as seven days after closing. Selling your house is easy!

Contact Us to Sell Your House Today!

If you are ready to sell your house fast, then now is the time. Klamen Real Estate Group can make an offer and put cash in your hands in as little as seven days. Call 314-721-6800 to get a fast cash offer today.