Sell My House to Avoid Bankruptcy or Foreclosure in St. Louis, Missouri
Are you facing the possibility of losing your house to bankruptcy or foreclosure? If so, turn to Klamen Real Estate Group. We buy houses as-is in St. Louis, Missouri. Our local home buyers can help you avoid bankruptcy or foreclosure with a cash home sale. Our simple process includes assessing your property, making a cash offer, and closing the sale.
Sell your house fast in as little as seven days to stop the bankruptcy or foreclosure process and save your credit. We work directly with you, so there is no need to hire a real estate agent and pay realtor fees. Sell your house as-is and make no repairs or upgrades. Plus, we pay up to 100 percent of the closing costs. It’s the fastest and easiest way to sell your house to avoid foreclosure.
Call 314-721-6800 and get a fast cash offer from our local home buyers in Missouri.
Our Buyers Work with Homeowners in All Types of Situations
A foreclosure or bankruptcy can be devastating, putting you in a situation where you may lose your house and can’t get credit for another house for several years. While a short sale may help you sell your house, it doesn’t necessarily mean you are free and clear of your mortgage.
Klamen Real Estate Group works with homeowners in situations similar to yours. Regardless of your circumstances or the current condition of your house, we can buy it as-is and help you pay off your mortgage debt.
In Missouri, the bankruptcy process begins with credit counseling and ends with a discharge of debts. You'll need to determine whether Chapter 7 or Chapter 13 bankruptcy is the right option for you based on your financial situation. Steps include
- Filing a petition with the appropriate court
- Attending a meeting of creditors
- Completing debtor education
By selling your house as-is to Klamen Real Estate Group, you eliminate the time-consuming process of listing, marketing, and waiting for mortgage approvals, accelerating the sale and enabling you to receive the cash proceeds in a matter of days or weeks. This financial boost can be crucial in paying off debts and avoiding the long-term consequences of bankruptcy on your credit and financial stability.
Stop the Foreclosure Process
The foreclosure process in Missouri typically begins when you default on your mortgage payments. The lender will send a notice of default, giving you a grace period to catch up on missed payments. If you're unable to resolve the issue, the lender may initiate a non-judicial foreclosure, where a trustee appointed by the lender sells the property at a public auction.
Klamen home buyers can stop a foreclosure by providing an efficient way for you to sell your house fast in Missouri, paying off the outstanding mortgage balance before the foreclosure auction. By working with our team, you can avoid the lengthy and uncertain traditional sales process, quickly obtain the funds needed to satisfy your debt, and prevent the negative impact of a foreclosure on your credit and financial future.
Better Than a Short Sale
A short sale occurs when you sell your property for less than the outstanding mortgage balance. This option is typically considered when you're facing financial hardship and struggling to make mortgage payments. While a short sale can help you avoid foreclosure, it's essential to understand that it may still negatively impact your credit score and may result in tax implications due to the forgiven debt.
A cash home sale from Klamen is a better option than a short sale because it provides a quicker and more certain transaction. With a cash sale, you don't need lender approval as you would in a short sale, which can be a lengthy and uncertain process. We close the sale faster, and potentially secure a better outcome for your financial situation.
What is a Cash Home Sale?
In a cash home sale, we purchase your property directly for cash, without relying on traditional financing like a mortgage. This approach simplifies and expedites the transaction, making it a hassle-free and efficient option if you need to sell your house to avoid foreclosure.
- We make a fair and competitive cash offer, allowing you to move forward with your plans without the usual stress and uncertainties associated with traditional home sales.
- We also provide a seamless and transparent cash home sale experience for our clients.
- Our team buys houses in any condition, which means you don't have to worry about making costly repairs or updates before selling.
By eliminating the need for a mortgage approval, inspections, and appraisals, we're able to close on the sale much faster than a traditional transaction. You have access to the cash proceeds from the sale sooner, giving you the financial flexibility to address your needs, whether it's avoiding foreclosure or paying off debts to stop a bankruptcy.
What is the Cash Home Sale Process?
At Klamen Real Estate Group, we strive to make the cash home sale process as straightforward and hassle-free as possible. Here's an overview of the steps involved in our cash home buying process:
Step 1: Contact Us
Call Klamen Real Estate Group or fill out the contact form to schedule a quick walkthrough of the property. Don’t worry about making any renovations or repairs or even cleaning the house. We buy houses as-is. Feel free to ask any questions or express your concerns.
Step 2: Get a Fair Cash Offer
If our buyers like what we see, we’ll make a fast cash offer at just under your house's current market value. In most cases, we can offer as little as 24 to 48 hours after seeing the property. When you work with Klamen Real Estate Group, you’ll get a fair offer for your house.
Step 3: You Get Paid
If you accept our offer, you can schedule a closing date that is convenient for you. We pay all closing costs and fees. You simply show up, sign the papers, and get paid. When you work with us, selling your house in St. Louis has never been easier. Get started with us today!
- Contact Us: Reach out to our team by phone, email, or through our website to provide details about your property and schedule a consultation.
- Property Evaluation: Our experienced professionals will assess your property, either through an in-person visit or a virtual tour, to determine its current market value.
- Receive a Cash Offer: Based on our evaluation, we will present you with a fair, no-obligation cash offer for your property, usually within 24-48 hours.
- Review and Accept the Offer: Take your time to review our offer and ask any questions you may have. Once you're ready to proceed, sign and accept the agreement.
- Choose a Closing Date: We'll work with you to select a closing date that suits your schedule and needs, allowing for a quick and flexible transaction.
- Closing Process: We'll handle all the necessary paperwork and coordinate with the title company to ensure a smooth closing process.
- Receive Your Cash: On the closing date, you'll receive your cash payment, and we'll take ownership of the property, concluding the transaction.
With Klamen Real Estate Group, you can trust our expertise, transparency, and commitment to providing a stress-free cash home sale experience tailored to your unique situation.
What Are the Advantages of Selling My Home to Avoid Bankruptcy?
|Real Estate Agent||For Sale by Owner||Klamen Real Estate Group|
|Commissions Fees||6 percent||Zero||Zero|
|Closing Costs||You pay up to 100%||You pay up to 100%||We Pay 100%|
|Average Selling Time||60 to 90 days||6 to 12 months||15 to 30 days|
Make No Home Repairs. We Buy Houses As-Is
We know the financial burden and stress of making home repairs. That's why we buy houses in their current condition, allowing you to sell your home without worrying about costly repairs or updates.
You Don’t Have To Hire a Realtor or Pay Realtor Commissions
By selling your house directly to Klamen Real Estate Group, you eliminate the need for a realtor and avoid paying hefty commissions. This means more money in your pocket at the end of the transaction.
Sell Your House in As Little as Seven Days
With our streamlined cash home buying process, we can close on your property in as little as seven days, providing you with the financial relief you need quickly and efficiently.
Work With a Pre-Qualified, Committed Home Buyer
We’re dedicated to making the home buying process as smooth and hassle-free as possible. We have the funds available and are fully committed to purchasing your home, eliminating the risk of a buyer backing out or a deal falling through.
Pay No Closing Costs
When you sell your house to our local home buyers, we cover the closing costs, saving you even more money during the sale process.
Don’t Wait for a Loan Approval
Since we're cash buyers, we don't need to wait for loan approval, which means you can close on your home sale quickly and with certainty.
Choose Klamen Real Estate Group for a hassle-free, beneficial cash home sale experience in Missouri that puts your needs first.
Is it Legal to Sell My House During Foreclosure or Bankruptcy in Missouri?
In Missouri, it is legal to sell your house during foreclosure, provided you do so before the foreclosure auction takes place. By selling your property, you can use the proceeds to pay off the outstanding mortgage balance and avoid foreclosure. It's essential to act quickly in this situation, as once the property has been sold at auction, you no longer have the option to sell it yourself.
Selling your house is also legally feasible to avoid or stop a bankruptcy, but the process is more complicated. When you file for bankruptcy, your assets, including your home, become part of the bankruptcy estate. This means that any sale of the property must be approved by the bankruptcy trustee and the court. In some cases, the trustee may decide to sell the house to satisfy your creditors.
Sell Your House Fast in St. Louis, Missouri
If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact Klamen Real Estate Buyers. We buy houses as-is. No repairs are needed. Avoid closing costs and realtor commissions. Close in as little as seven days. Call 314-721-6800 and get a fast cash offer from our local home buyers in Missouri.
Frequently Asked Questions About Cash Home Sales in Missouri
Yes, you can sell your house during foreclosure, provided you do so before the foreclosure auction. By working with us, we can expedite the sales process to help you avoid foreclosure.
Selling your house during bankruptcy is possible, but it requires approval from the bankruptcy trustee and the court. Consult with a bankruptcy attorney for guidance.
No, we buy houses in their current condition, eliminating the need for costly repairs or updates.
No, by selling directly to us, you avoid paying realtor commissions, saving you money during the sale process.
Yes, by purchasing your house for cash before the foreclosure auction, we can help you avoid foreclosure and its negative consequences.
During a cash home sale, the mortgage is typically paid off using the proceeds from the sale, helping you resolve your financial obligations.
We consider various factors, including the property's location, condition, and local market conditions, to provide a fair and transparent cash offer.
No, we cover the closing costs, further reducing your financial burden during the sale process.
Selling your house for cash allows for a faster, more flexible transaction, enabling you to resolve your financial obligations and avoid the negative impact of bankruptcy or foreclosure on your credit history.