When a home goes into foreclosure or is sold under distress, it doesn’t just affect the seller. It can send ripples through the entire neighborhood! These can have a bigger impact on your home’s value than you might think. In this post, I’ll explain how distressed properties will bring down the value of your home. […]
How Distressed Homes Impact Your Home’s Value (Explained) Read More »
Foreclosure can be a stressful and uncertain time for homeowners. If you find yourself falling behind on mortgage payments and facing foreclosure, you might be wondering if you can sell your home to avoid foreclosure or recoup any equity you have built up. The answer is yes. You can sell your house while in foreclosure
Distressed properties are a growing concern nationwide. These are homes that are either in bad condition or experiencing financial difficulties, often due to circumstances beyond the homeowners’ control. In this post, I’ll go over the 6 main reasons why houses end up in this situation. #1 Job Loss One of the biggest reasons for distressed
If you’re going to sell your distressed property, dealing with pests is something you can’t ignore. Pests like rodents, insects, and other critters can cause all sorts of problems, from damage to your property to potential health hazards. Plus, you won’t get a lot of offers if you try to sell it as is in
So you’ve inherited an older house and you’re thinking of selling it. Great! But before you put up the “For Sale” sign, there’s something important you need to check – hazardous materials. Back in the 90s, and before, a lot of household items and building materials had hazardous substances that people did not know about.
Is your distressed house suffering from mold or water damage? If you’re looking to sell your property, this type of damage can seriously hurt your home’s value and turn off potential buyers. In this post, we’ll discuss common causes of mold and water damage in distressed homes and what you can do to tackle these
Inheriting a house can be bittersweet, especially if it’s fallen into disrepair. Beyond the emotional weight, you might be worried about hidden problems lurking beneath the surface. One major concern – structural damage. This kind of damage is pretty serious and super expensive to fix. In this post, I’ll take a closer look at some
Dealing with a hoarded property can feel like an overwhelming, even insurmountable challenge. You may have inherited the house from a loved one who struggled with a hoarding disorder. Or perhaps you purchased a property only to discover it was a hoarder’s nightmare inside. Either way, you’re faced with mountains of clutter and belongings strewn
Thinking about buying a house but worried about the high prices? HUD homes might be perfect for you! These are houses owned by the government and are sold at a discount. In this post, I’ll go over what are HUD homes, who can buy them, how to find them, their pros and cons, and how
Did you know that medical debt is a leading cause of bankruptcy filings in the U.S? Serious health issues can spiral into financial distress if homeowners are not prepared. Even short illnesses or injuries can strain budgets. Imagine how devastating prolonged health problems could be – especially to people without proper insurance. This financial stress
