Sell Your OK Home While Behind on Mortgage Payments
Are you struggling with mortgage payments and wondering how to sell your home in Oklahoma? Falling behind on mortgage payments can be a stressful experience, but there are options available to you. At OKC Property Buyers, we specialize in helping homeowners like you sell their homes quickly, even when facing financial difficulties. This guide will walk you through the process and explain how you can benefit from working with us.
Understanding Your Situation
Why Homeowners Fall Behind on Mortgage Payments
There are many reasons why homeowners might fall behind on mortgage payments, including:
- Job Loss: Sudden unemployment can disrupt your ability to make consistent payments.
- Medical Bills: Unexpected medical expenses can deplete your savings and make it difficult to keep up with your mortgage.
- Divorce: The financial strain of divorce can make it challenging for one party to maintain mortgage payments.
- Economic Downturns: Economic instability can affect your income and ability to pay bills on time.
Understanding the cause of your financial hardship is the first step in finding a solution.
Consequences of Falling Behind on Mortgage Payments
Falling behind on mortgage payments can lead to serious consequences, such as:
- Late Fees: Missing payments results in late fees, increasing your debt.
- Credit Score Damage: Late or missed payments negatively impact your credit score, making it harder to secure loans in the future.
- Foreclosure: If payments are missed for an extended period, your lender may initiate foreclosure proceedings, leading to the loss of your home.
Sell Your Home To OKC Property Buyers In 3 Easy Steps!
Want to skip the hassle of listing your house for sale with a realtor and sell your house fast for cash? If so, selling to a cash home buying company like us may be the right fit. Sell Your Oklahoma House To Us And Get A Fair Cash Offer, Without Paying Any Agent Fees Or Repairs. It’s 100% Free!
Submit the online form with some basic information about your house.
We’ll meet you at your home or send us pictures. Then we can discuss our cash offer.
Like our offer? You decide on a closing date that works best and you get paid!
Options for Homeowners Behind on Mortgage Payments
Loan Modification
One option to consider is a loan modification. This involves negotiating with your lender to change the terms of your loan, such as extending the repayment period or reducing the interest rate. While this can lower your monthly payments, it may not be an ideal solution if your financial situation doesn’t improve.
Refinancing
Refinancing your mortgage can also lower your monthly payments by obtaining a new loan with better terms. However, this option requires a good credit score and stable income, which may not be feasible if you’re already behind on payments.
Forbearance
Forbearance is a temporary agreement with your lender to reduce or suspend payments for a short period. This can provide immediate relief but does not eliminate the debt, which will need to be repaid later.
Selling Your Home
Selling your home is a practical solution if you’re unable to keep up with mortgage payments. This can help you avoid foreclosure and protect your credit score. Selling to a real estate investment company like OKC Property Buyers can streamline this process and offer numerous benefits.
Selling Your Home To OKC Property Buyers
Our goal is to make the process of selling your home in Oklahoma as simple and easy as possible. If you choose to sell your house to us, here’s some things you can expect.
Fast Cash Offer
You’ll get an offer from us within 24-48 hours of first contact.
No Cleaning Necessary
You can take whatever possessions you want and leave behind anything you don’t.
No Repairs Needed
Repairs are no longer your problem. That’s our job! We’ll take care of everything.
Problem Tenants? We’ll Handle It
No need to evict before selling. We’ll handle any tenant issues.
Flexible Closing
Choose a closing date that works best for you so you can move on your timeline.
You Pay ZERO Fees
You don’t pay any fees, commissions, or closing costs when you sell to OKC Property Buyers.
Local Cash House Buyers Near You In Oklahoma
“My mother and myself had a very pleasant experience working with Jacob and OKC Property Buys. The lines of communication were excellent; I could call anytime with questions and concerns. Jacob and his team worked with us at our own pace. Thank you Jacob for the pleasant experience, you made selling my mother’s house very easy; we greatly appreciate you working with us.”
-Amber W
Benefits of Selling to OKC Property Buyers
Quick Sale Process
At OKC Property Buyers, we understand the urgency of your situation. Our process is designed to help you sell your home quickly, often within a matter of days. This can prevent further financial strain and give you a fresh start.
No Repairs Needed
When you sell your home to us, you don’t have to worry about making repairs or improvements. We buy homes in any condition, saving you time and money.
Fair Cash Offer
We provide fair cash offers based on the current market value of your home. This ensures you receive a reasonable price without the hassle of traditional home sales.
Avoid Foreclosure
Selling your home before it goes into foreclosure can save your credit score from significant damage. We work quickly to help you avoid this outcome.
Stress-Free Process
Our team handles all the paperwork and details, making the process as stress-free as possible for you. We guide you through each step, ensuring a smooth and efficient transaction.
“Jacob was a tremendous help in helping my brother and I with our fathers home, he steered us in the right direction that we would have not been able to do without his help. I would highly recommend this company.”
-Kelli Johnson
Why Choose OKC Property Buyers?
Local Expertise
As a local company, we understand the Oklahoma real estate market. This allows us to provide accurate valuations and tailored solutions for homeowners in financial distress.
Transparent Process
We believe in transparency and honesty. Our process is straightforward, with no hidden fees or surprises. You can trust us to handle your sale with integrity.
Compassionate Team
We know that selling your home under these circumstances can be emotional and challenging. Our team is compassionate and supportive, offering guidance and assistance every step of the way.
Why Pay Thousands In Agent Fees?
Get A Cash Offer For Your House In Oklahoma
Before signing a 6 month listing agreement with a realtor, what’s stopping you from getting a cash offer first? It doesn’t cost you anything and there’s absolutely no obligation to accept our offer. There’s ZERO risk!
Sell My House In Oklahoma!
When selling your home, we understand you can choose to work with various companies that buy houses. At OKC Property Buyers, we’re focused on providing you with a positive solution and ensuring the process is simple, fast, and fair.
How to Sell Your OK Home with OKC Property Buyers
Step 1: Contact Us
Reach out to OKC Property Buyers by phone or through our website. Provide us with some basic information about your property and your current situation.
Step 2: Schedule a Visit
We will schedule a convenient time to visit your property and assess its condition. This helps us determine a fair cash offer for your home.
Step 3: Receive a Cash Offer
After evaluating your property, we will present you with a no-obligation cash offer. You are free to accept or decline this offer.
Step 4: Close the Sale
If you accept our offer, we will proceed with the closing process. We handle all the paperwork and can close in as little as a few days. You will receive your cash payment promptly.
Frequently Asked Questions
Can I Sell My Home if It’s Already in Foreclosure?
Yes, you can still sell your home if it’s in the foreclosure process. Contact us as soon as possible to discuss your options and avoid the foreclosure sale.
What if I Owe More Than My Home is Worth?
If you owe more on your mortgage than your home’s current value, we can discuss options such as a short sale. We work with lenders to find solutions that benefit all parties involved.
How Quickly Can I Sell My Home?
We can often close sales within a few days, depending on your situation. Our goal is to provide a quick and efficient solution to help you move forward.
Will Selling My Home Affect My Credit Score?
Selling your home before it goes into foreclosure can protect your credit score from further damage. While the missed payments may still impact your score, avoiding foreclosure is a positive step.
Do I Need to Make Repairs Before Selling?
No, you do not need to make any repairs or improvements. We buy homes in any condition, allowing you to sell quickly without additional expenses.
Get Started Today
If you’re behind on mortgage payments and considering selling your home in Oklahoma, don’t wait. Contact OKC Property Buyers today to learn more about how we can help. Our team is ready to provide the support and solutions you need to navigate this challenging time.
“Working with OKC Property Buyers lifted what would have been a heavy burden. They were resourceful and kind, talking us through every step of the sale process, making sure we were taken care of. I couldn’t recommend their team more!”
-Robin Buchanan
More Resources
House Buyers In Oklahoma
Where We Buy Houses In Oklahoma
Oklahoma City
Midwest City
Edmond
Moore
Norman
Lawton
Bethany
Del City
The Village
Warr Acres
Spencer
Yukon
Guthrie
Mustang
Shawnee
Chickasha
Choctaw
Harrah
Enid
Stillwater
Ardmore
Ponca City
Duncan
Durant
Altus
McAlester
El Reno
Ada
Guymon
Woodward
Weatherford
Newcastle
Elk City
Poteau
Blanchard
Clinton
Cushing
Catoosa
Piedmont
Tuttle
Noble
Seminole
Idabel
Purcell
Tecumseh
Blackwell
Pauls Valley
Holdenville
Anadarko
Sayre
Hugo
Lone Grove
Sulphur
Alva
Kingfisher
Hinton
Perry
Marlow
McLoud
Pocola
Bristow
Broken Bow
Slaughterville
Madill
Nichols Hills
Fort Gibson
Stilwell
Park Hill
Elgin
Frederick
Roland
Hobart
Hominy
Muldrow
Mannford
Perkins
Atoka
Wewoka
Tishomingo
Okemah
Bethel Acres
Checotah
Tonkawa
Heavener
Cache
Jones
Turley
Jay
Calera
Chandler
Lindsay
Wilburton
Davis
Marietta City
Longtown
Eufaula
Mangum
New Cordell
Stroud
Goldsby
Fairview
Stigler
Hennessey
Watonga
Nicoma Park
Antlers
Healdton
Commerce
Texanna
Drumright
Kiefer
Walters
Pink
Spiro
Chouteau
Burns Flat
Lexington
Oakhurst