Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Memphis Tennessee? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If […]
Tag Archives | local-house-buyers
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose […]
If you’ve been driving around in Memphis, chances are you’ve seen some billboards advertising companies that buy houses. Often times they say things like “We Buy Memphis Houses!” or “Cash For Your House”. Are these “we buy houses in Memphis companies” credible? How do I know if the local house buying companies out there are honest […]
Should you take a cash offer for your Memphis house? Not always. I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no. Selling My House For Cash In Memphis If you’re selling a property in Memphis to an end buyer (the person living […]
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