(513) 815-5000(937) 756-5000
Get My Cash Offer

Category: sellers

  • 4 Ways a Foreclosure Will Impact You in Cincinnati & Dayton

    There is no doubt foreclosure will impact you. Besides the obvious strain and emotional impact the situation can have on your family and personal relationships, foreclosure can also devastate your finances. From the clothes you wear to the car you drive, or even where you reside or work, it will have a residual effect on your life for years to come. 

    Ohio Cash Buyers LLC is here to listen to you and can address any questions you may have about your specific circumstances and what you can do to avoid these ramifications. Just call

    .

    By having a better understanding of what lies ahead, you will be better equipped for taking immediate action against the negative consequences of foreclosure from the start.

    Your future self will thank you for taking the time to learn more about your options during the process. We’ll cover 4 ways that a foreclosure will impact you in Cincinnati & Dayton.

    4 Ways a Foreclosure Will Impact You in Cincinnati & Dayton

    Denied 

    Having a foreclosure in Cincinnati & Dayton appear on your credit reports will cause you to be considered a bad risk. Once this appears in your credit history, it will impact your overall purchasing power. Bad credit often leads to credit applications being denied for credit cards, loans or mortgages. Any financial institution that is willing to approve consumers with bad credit usually charges exorbitant interest and annual fees that those who enjoy good credit avoid. Additionally, it could possibly be a reason you are passed over for employment opportunities. 

    Financial Loss

    Among the top reasons for homeownership, your equity builds up over time as your debt decreases, and Cincinnati & Dayton property values rise. Your financial gains could be an amount in the hundreds of thousands. Equity is the difference between what your property would bring in the current market, and the amount that is still owed on the mortgage. Depending on your circumstances, a foreclosure will impact your equity either partially or in full, which could be a significant financial loss. 

    Debt

    By taking quick steps to resolve a pending foreclosure, you can make the decisions on how your home is sold and for how much. Open your mail before it’s too late! Keep the lines of communication open so that you can be on top of what actions your lender may be ready to take and how much time you have to change the outcome in your favor. After a foreclosure you’ll have no such control. Should your Cincinnati & Dayton property sell for less than is still due on your mortgage, you will still be required to make payments on this debt. This is known as a deficiency debt and can have an enormous impact on your lifestyle and family. Not to mention eating into your budget. Additional liability on your credit report will only increase the higher costs associated with having bad credit.

    Future Housing 

    Foreclosure impacts your housing options in many ways. In general, landlords run credit checks as the first step when interviewing tenants. Naturally, your financial history will make you a higher risk and may cause you to be passed over for more desirable properties. Additionally, your choices in financing will be highly restricted should you wish to purchase another home. Fannie Mae is among the largest in the nation and offers a program with several financial benefits. Should you have gone through foreclosure and seek a mortgage lender, you should be aware that Fannie Mae will require a waiting period of 7 years before you will be eligible under their guidelines. 

    Facing the possibilities of a Cincinnati & Dayton foreclosure alone can be very stressful and inaction on your part risks your financial future. Don’t wait until foreclosure begins, let Ohio Cash Buyers LLC help lessen your burdens today. Send us a message or give us a call today at

    .

  • How To Sell A Distressed Property in Cincinnati & Dayton

    For those who need to know how to sell a distressed property in Cincinnati & Dayton, we’ll cover the options you have available. Traditional listings for this type of property are not suggested as they don’t attract most buyers, take far too long, and are too costly for most owners of a distressed property.

    Life can bring unexpected changes that leave you searching for solutions. Homes can fall into states of disrepair that are far beyond the owner’s capacity to handle. There could have been a death, divorce, illness, or job loss, leading to lost income or a forced relocation at play.

    Let’s dive into some of the options to sell a distressed property in Cincinnati & Dayton

    Professional Buyers

    There are always two sides to everything and this holds true when considering how to sell a distressed property in Cincinnati & Dayton. Let’s explore using the service of a professional cash buyer when you’re selling. Due to the nature of cash sales, you’ll benefit time-wise because of the ability to perform extremely quick closings.

    Additionally, the sale is as-is and there won’t be any downtime waiting for the right buyer. Nor will you be required to make the investment of your precious time and money in repairs. Another advantage is you’re not carrying any legal risk, as with selling on your own and since most professional buyers pay all of the closing costs, you’ll save even more.

    Now, because the professional buyer is taking all of the risks, and offering the advantages of cash sales, their offers are below the prices being realized in the current real estate market. A word to the wise, do your research on who you’re dealing with. Regrettably, there are unscrupulous buyers who may try to take advantage of time or financial constraints they learn you’re up against. 

    Do-It-Yourself

    Selling a distressed property in Cincinnati & Dayton on your own may sound appealing because you’re in charge. Additionally, you won’t be responsible for an agent or auctioneer fees, which can negatively impact your bottom line on the sale. If you’re knowledgeable on marketing and all of the legalities involved, while you may need to invest a great deal of time, you can save money by handling everything yourself.

    Conversely, inexperienced in marketing and the legal details, selling on their own often leads owners to failure. Not only don’t they realize the highest profit on their property through their errors, but they could also end up in a legal nightmare with no way out.

    Professional Auctioneers

    Property auctions rarely imitate art, where fantastic prices are realized in movies and on television. Avoiding the headaches of showing your property is one of the favorable aspects of auctions. Additionally, these properties close within 30 to 40 days and sell as-is, so you won’t need to continue to pour time and money into repairs and upkeep of your distressed property in Cincinnati & Dayton.

    While there are advantages to using a professional auctioneer, keep in mind the usual fee for their service is a rather high 10 percent of the final purchase price. Should the bidder be responsible for the auctioneer’s fee, lower bids overall are incentivized. Otherwise, you’ll be responsible for their fee, absorbing additional costs.

    Due to the nature of auctions, the outcome isn’t guaranteed, you may be up against the issue of low attendance. There is also the innate competition when a high volume of properties is up for auction at the same time, leading to lower bids.

    No matter which you choose, make educated decisions by taking the time to understand all of your options. Would you like to learn more about how we can help you sell a distressed property in Cincinnati & Dayton? Just call Ohio Cash Buyers LLC today at

    or send us a message any time!

  • How to Avoid Foreclosure: The Last-Minute Save

    Real-Life Solutions to Real-Life Problems

    Going through a divorce. Facing a foreclosure. Every time he took one step forward to get things back on track, it felt like he fell two steps back. He was making progress, though. He was sure he’d be able to catch up on payments and save his house.

    We’d been following up with him regularly for months, so he knew exactly who to call when his home was put up for auction through the Sheriff (read more about how this happens directly at the Warren County website here). It was a warm Friday afternoon when he called us to see if we were still interested in purchasing his home. Tony answered the phone and assured him that yes, we were still very interested in buying the house. It was at that point that we discovered the house was scheduled to hit the auction block on Monday – the upcoming Monday, only THREE days away, at 8:00A.M. sharp!

    It was going to take a lot of carefully-placed moving pieces to make it happen, but we were more than ready for the challenge. We called our attorney. We put together our paperwork, met him at the property that afternoon, and got everything signed. We crossed all of our T’s and dotted all of our I’s.

    > Read more about selling a house when going through a Divorce here, then give us a call! <

    Tony was running up to the courthouse at 7:50A.M. that Monday with all of the necessary legal paperwork in-hand. The judge accepted, and we had bought ourselves a little more time to complete the title-work and close. We were by no means out of the woods yet, but we had completed the first (and hardest) step in the process, and we were eager to proceed.

    The next snag we hit was that due to the divorce not being totally finalized, the property was still deeded to both the homeowner AND his ex-wife. We’ve handled that exact situation many times before, so we started tackling that problem after we were done at the courthouse. As it turned out, his ex-wife had left town. Actually, she had left the country entirely! The homeowner wasn’t in close contact with her anymore, so we had to track her down and get her onboard and squared away, too.

    In the end, we were able to make it all work out, and created the best WIN-WIN situation we could for the homeowner, the ex-wife, and our team! Not only did the homeowner walk away with some cash from the sale to us, but he also saved his credit from taking an even bigger hit!

    Wondering How to Sell Your House in Foreclosure? Check this out!

    Download Your FREE Stop Foreclosure Guide Below

    Just put in your name and email, click “Submit” and we’ll email you the Free Guide right away.

    • We never rent, sell, or share your info with anyone. It’s not cool and we hate spam

    • This field is for validation purposes and should be left unchanged.

  • Selling With a Cincinnati & Dayton Real Estate Agent vs. Selling To A Local Investor

    Selling With a Cincinnati & Dayton Real Estate Agent vs. Selling To A Local Investor

    Do you need to sell your house fast in Cincinnati & Dayton? It important that you understand the options available to you. There is more than just one way to sell your Cincinnati & Dayton home. In this post, we will dive into two of the most popular ways, so you can decide which selling option will be right for you.

    Hiring A Cincinnati & Dayton Real Estate Agent

    The Money

    You likely know you will have to pay your agent a commission of about 5-6% if they are able to successfully sell your house in Cincinnati & Dayton. However, there are also a number of other costs that will come into play when listing your house for sale.

    • Marketing – Many home sellers want or need to utilize marketing that goes beyond the scope of their agent. This can be professional photography, virtual tours, or premium listings.
    • Repairs – Even if your house is in great shape, there will likely be something that will need fixing. Whether it is a new coat of paint, replacing a leaky faucet, or patching a hole in the wall, these repairs will add up fast.
    • Staging – When you list your home you will want it to look its very best. This means you should take some time to hide away the clutter and decorate it in a warm and inviting fashion. Whether or not you hire a professional stager in Cincinnati & Dayton, making the house pretty can cost a pretty penny.
    • Holding Costs – The holding costs include things like your property taxes, homeowners insurance, utility bills, and maintenance. These costs don’t stop when you list your house. In fact, keeping your house in tip-top shape can actually drive your holding costs up even higher.
    • Closing Costs – As a home seller, you will usually pay somewhere around 2% of the final sale price toward your closing costs.
    • Cleaning – Before you list and while to is on the market, the house will need to be kept clean. Many people opt to have it cleaned professionally before it is listed, maintaining the home while it is listed. You should also consider professional carpet cleaning, power washing, and yard clean-up and hauling expenses.

    That said, working with an agent has the potential to get the highest price possible. Just be sure you have deducted all of the costs mentioned above to be sure listing with an agent in Cincinnati & Dayton makes sense for you.

    The Time

    When you hire an agent to help you sell your house in Cincinnati & Dayton, they will shoulder a good portion of the effort that goes into selling. That said, the process will require some of your time and effort as well. For example, you will likely have to spend time…

    • Keeping the property clean and ready for those last-minute showings
    • Making repairs and upgrades to the property before it hits the MLS
    • Marketing the property on sites other than the MLS
    • Vacating the property when someone requests to come see it
    • Waiting for an offer, hoping you will get your asking price
    • Reviewing offers from potential buyers
    • Negotiating with potential buyers
    • Waiting for the escrow process to be completed
    • Dealing with inspectors and appraisers

    The worst part is that you could go through all of the above, only to have the sale fall through at the last minute. If you’ve spent any time shopping for homes in the past, you’ll often see properties go pending, only to be relisted when the funding falls through.

    The Unknown

    One of the most difficult parts of selling your house with an agent in Cincinnati & Dayton is the unknown. You won’t know if you will get your asking price, when, or if your improvements will provide returns. Not only is this stressful, but it also makes it difficult for you to plan ahead.

    Selling To An Investor

    The Money

    It’s no secret that when you sell your house to an investor in Cincinnati & Dayton, the sale price will not usually be as high as retail. That said, the amount you can save will more than make up for it. Most direct buyers, including Ohio Cash Buyers LLC buy houses as-is, which means there are no repair costs to worry about. You will also not have to pay commissions, closing costs, or extended closing costs.

    The Time

    In most cases, we are able to close in just a few days, potentially saving you a fortune in holding costs. You won’t have to do a thing other than pack up the items you wish to keep. We will handle everything else, including any items you wish to leave behind. Working with Ohio Cash Buyers LLC will help you sell your house in less time, offering you convenience and a fair price.

    When you consider the time and the money involved with working with a Cincinnati & Dayton real estate agent vs. selling to a local investor, your idea of how to most efficiently sell your house may change.

    Learn more about selling your house with a Cincinnati & Dayton real estate agent vs. selling your house to a trusted, local, investor! Give us a call or send us a message today!

  • 6 Things You Can Do To Stop Foreclosure of Your Cincinnati & Dayton House

    6 Things You Can Do To Stop Foreclosure of Your Cincinnati & Dayton House

    For homeowners who want to stop foreclosure in Cincinnati & Dayton, the future can look pretty grim. In our latest post, we offer 6 ways homeowners can stop foreclosure of their homes in the Cincinnati & Dayton area.

    Has it become difficult to pay your mortgage each month? Are the bills piling up, with no end in sight? At some point, before the bank comes in and takes your home, you need to find a way out. Keep reading to learn more about what you can do and how Ohio Cash Buyers LLC can help you stop the foreclosure of your house in Cincinnati & Dayton.

    Sell Immediately

    In order to stop foreclosure of your house in Cincinnati & Dayton, a direct and fast sale is often the best way to go. Ohio Cash Buyers LLC is a professional buyer in Cincinnati & Dayton that will help you sell your house fast, stopping the banks and avoiding the destruction of your credit. Not all buyers are the same – Ohio Cash Buyers LLC is dedicated to helping homeowners in difficult situations, providing fair solutions that make sense for all parties involved. While you may not receive the retail price, you will be able to sell in just a few days saving you thousands on commissions, repairs, and holding costs. Giving up your home can feel difficult, but it is better to sell by choice than to have the bank come in and forcefully take over the property.

    Borrow Money

    For some homeowners, borrowing money from a family member can be a quick solution to stop the bank. However, this isn’t a longterm solution to your financial struggles. If the mortgage has become difficult to pay now, it’s likely that it will be difficult to pay going forward. Getting into a pattern of continuously borrowing money will only get you into more debt, but this time it will be with multiple creditors. Borrowing money from loved ones can also strain your relationships with the people that you care about, making your difficult situation feel that much worse.

    Ask For Foregivence

    One option when you are struggling to make your mortgage payments is to reach out to your lender and explain the situation. In some cases, you will be able to defer a payment or work out a payment plan to make up what you owe. That said, you will still have to find a way to pay your debts. Deferring the problem will only push things back, it won’t magically get you caught up or erase the debt you are in. Asking for forgiveness is a one-time thing, to help deal with an unexpected situation… not something to bail you out long term. Loan forgiveness is also known as loan forbearance and is used after an illness, a loss, or anther one-off circumstance.

    Refinance

    Refinancing your property can help you to achieve a lower monthly payment, but there is a cost. If you choose to refinance with a hard money loan, your interest rates can be through the roof. While this may help you to save your house from the bank, it will ultimately cost you more money in the long run. You can also work with your current lender to refinance your current loan, however, you need to prove you will not have trouble with your payments going forward.

    Rent The Property To Someone Else

    If you aren’t able to pay the mortgage yourself, maybe someone else can. Of course, This means that you will need to quickly find somewhere else to live at a price you can more easily afford. You’ll first need to find high-quality tenants who you can count on to pay the rent each month. If your situation allows, you could also choose to rent out a bedroom in your home for some extra cash, while you continue to live in the home as well. Just make sure boundaries are set on both sides so that everyone is comfortable with the living arrangements. Having the wrong people move in can cause you to default on your mortgage anyway, ending up with the same result of losing your Cincinnati & Dayton house to foreclosure.

    Declare Bankruptcy

    Nobody is thrilled about having to declare bankruptcy, but it order to fight off foreclosure, it may be the answer you have been waiting for. Declaring bankruptcy will restructure your debt and create a payment plan to get you back on track. While this won’t look good when applying for loans in the future, it can be a way for you to keep your current home, stopping the banks in their tracks.

    At Ohio Cash Buyers LLC, we want to help you stop the foreclosure of your Cincinnati & Dayton property. Our team can help you review your options and make you a no-obligation offer to help you sell quickly. Let our team help you quickly and efficiently handle any difficult property or situation you are dealing with.

    If you are having trouble paying the mortgage, we can help you stop foreclosure of your Cincinnati & Dayton house! Send us a message or call Ohio Cash Buyers LLC today!

  • 3 Options For Selling Your House in Cincinnati & Dayton

    3 Options For Selling Your House in Cincinnati & Dayton

    When selling your house in Cincinnati & Dayton, there is more than just one way to go about it. Every situation requires its own unique solution. In this post, we offer information about your available selling options so that you can sell your house fast and move on. 

    Do you need to sell your house in Cincinnati & Dayton? Our team is dedicated to helping homeowners in the Cincinnati & Dayton area who are looking for the best way to sell their home. Take a look at the options below and do the math for your property. You might be surprised by what the numbers say for you!

    Hire A Cincinnati & Dayton Real Estate Agent

    Hiring a real estate agent in Cincinnati & Dayton is usually the first thing people think of when they decide they want to sell a home. The process is ideal for some properties and costly and time-consuming for others.

    The Good

    When you are selling a house in good condition and are working with the right Cincinnati & Dayton real estate agent, the listing process can be very beneficial. As long as the variables go in your favor, you can have great results when working with an agent. Your property should not require a lot of money to be spent on repairs. You will need to be able to sell the house quickly in order to save on holding costs, and you will need to have the property priced at the sweet spot in order to attract buyers and yet still retain a profit.

    The Bad

    The trouble with working with an agent is that there is so much left up to chance. You may end up working with the wrong agent, your house may not sell right away, and you may be forced to lower your asking price. You will need to have the house cleaned and make the needed repairs before putting the property on the market. You should also be prepared for potential buyers to request additional repairs be made after the inspection process. There can be many costs involved when listing your house in Cincinnati & Dayton], which is why for some homeowners, working with a direct buyer can be the better choice.

    Sell The Property On Your Own

    Selling your house on your own can seem like a wise choice, and for some people, it is. However, it is also important to understand the time and money that will need to go into a successful sale in this manner.

    The Good

    Using the For Sale By Owner (FSBO) method to sell your house in Cincinnati & Dayton, will save you money on the agent commissions. Many see this as a reason to sell on their own, however, you can quickly get in over your head if you lack real estate experience. With a little luck and some real estate experience under your belt, you can sell your home without the use of a Cincinnati & Dayton agent.

    The Bad

    The truth is, selling your house on the open market without the help of a professional real estate agent can be a lot of work. When you choose to sell this way, you will spend your time fielding calls, answering questions, showing the property, marketing the property, and dealing with negotiations, inspectors, repairs, and all of the legalities. In addition, working with an agent will typically help you sell the house for more money. A great agent will be a pro when it comes to negotiation, ensuring you get the most for the house as you possibly can. People hire agents for a reason, and truth be told working with the right one can be worth their weight in gold.

    Sell Your House Directly To Ohio Cash Buyers LLC

    The Good

    Working with Ohio Cash Buyers LLC will allow you to sell your house fast in Cincinnati & Dayton, without any waiting, commissions, or repair costs. Our process will save you time and money. Selling this way will be the most straightforward and convenient choice. You will be able to compare your options, learn about the pros and cons, choose your closing date, and have the ability to plan ahead. For many homeowners, in many situations, speed, convenience, and a guaranteed sale far outweigh the risks of a traditional listing.

    The Bad

    The only perceived downside of selling your house directly to Ohio Cash Buyers LLC is that you may not receive the full retail price. That said, the thousands of dollars you will save in commissions, repairs, holding costs, marketing expenses, and closing costs, can more than make up the difference.

    At Ohio Cash Buyers LLC, we think it is important that home sellers get all of the information they need about selling their houses in Cincinnati & Dayton. We encourage you to look at all of your options, weighing the pros and cons of each. Every property and situation are a bit different, which is why we are proud to offer alternative solutions to help our clients reach their real estate goals!

    Are you thinking about selling your house in Cincinnati & Dayton? Our team can help you explore all of the options available to you! Send us a message or give us a call today!

  • 5 Things Homeowners Should Know About Working With A Real Estate Agent in Cincinnati & Dayton

    Working With A Real Estate Agent in Cincinnati & Dayton

    Do you need to sell your house in Cincinnati & Dayton? In our latest post, we offer 5 things homeowners should know about working with a real estate agent to help sell your house. 

    When it’s time to sell your house in Cincinnati & Dayton, your first instinct may be to call up a local real estate agent to quickly get your house up on the MLS. While this works for some homeowners, there are a few things you should know before hiring a Cincinnati & Dayton real estate agent to help you.

    The Costs Can Be High

    If you decide to sell your house with a Cincinnati & Dayton real estate agent, make sure that you are aware of all of the costs that typically go into a successful listing. Aside from the thousands that will be deducted from your offer when the house sells, you will have a number of expenses to deal with before your house even hits the market. To start with, you’ll need to make some basic repairs and have the house professionally cleaned. You could be faced with marketing costs such as photography and staging that isn’t covered in the scope of your listing agreement. Some homeowners will even have an inspection done on their own so they know what to expect when their potential buyers have one done. Add all of this to your holding costs, and you’ll see how a simple listing can quickly turn into bills costing thousands.

    It May Take Awhile

    While this varies from neighborhood to neighborhood and city to city, it will typically take much longer for a traditional sale to be completed as opposed to a direct sale. In fact, when looking at nationwide statistics, houses will take over two months to get an offer on average. While your house is listed, you will still have to pay taxes, maintenance, your mortgage, utilities, and insurance. Not to mention, you will have no idea how long the sale can take, giving you zero ability to plan ahead. Don’t miss out on your dream property because your house is caught up in a listing agreement that doesn’t make sense.

    Not All Agents Are The Same

    While some agents are there to help and provide genuine service to their clients, there are others who are simply after that commission check. They will encourage you to make expensive upgrades to sell the house faster, they will encourage you to take less then it’s worth just so they are able to cash in before your agreement expires. If you decide to list your house with a real estate agent in Cincinnati & Dayton make sure it is someone who comes highly referred and that you are certain you can trust.

    Your House May Not Sell

    Just because you list your house and ask for a certain amount, does not mean that you will get it. Many sellers get frustrated when they find themselves spending money t list their homes for sale, only to hear crickets. Just because you fix things up and spend money making the house look as good as possible, does not ensure you will get an offer. If you decide to list and spend money getting your house ready for the MLS, make sure that you won’t be devastated if you do not see the returns you are after. When working with a real estate agent in Cincinnati & Dayton, there is no guarantee if or when you will receive an offer. And if you do get an offer, they may try to negotiate for a lower price.

    You Have Other Options

    The good news is that hiring a real estate agent in Cincinnati & Dayton is not the only way to sell your house. For certain houses and situations, investing money into the property before selling it can be a huge waste. Factor in the commissions, holding costs, and closing expenses, and you could be looking at thousands of dollars down the drain. Another approach is to sell your house to a direct buyer such as Ohio Cash Buyers LLC. Working with a direct buyer will allow you to sell your house in just a few short days without any fees deducted from the offer or money spent out of pocket. You’ll know exactly what to expect and when the closing will take place.

    If you need to sell your house in Cincinnati & Dayton, be sure that you are aware of all of your available options and how they will affect you. People aren’t always aware of the costs, time, and frustrations a listing can entail. Homeowners have been known to brush off the idea of a direct sale because of the lower prices associated with them. However, once you factor in the time, money, and energy that goes into listing your Cincinnati & Dayton house, you will see that the selling methods will produce similar results. We encourage you to run the numbers for your property so you can choose the option that makes the most sense. Please reach out to us if you have any questions about what we do and how we can help you sell your house fast in Cincinnati & Dayton!

    Working with a real estate agent in Cincinnati & Dayton may not be the answer for you! Explore your options by sending us a message or giving us a call today!

  • Understanding Foreclosure and What You Can Do to Stop It in Cincinnati & Dayton

    Understanding Foreclosure and What You Can Do to Stop It in Cincinnati & Dayton

    The consequences of foreclosure have long-reaching effects that carry over into your personal and financial life for many years. Should you qualify for any type of credit moving forward, with a foreclosure on your report, you will pay the hefty interest due to the risk you now pose as a borrower. As life becomes more expensive, this red mark on your credit will necessarily force your standard of living in a downward direction. Housing can be difficult to attain, and a foreclosure on your credit history has the potential to jeopardize future employment opportunities as well.

    Ignoring this will not make it go away. The stress of the process also takes an emotional toll, as you are left wondering when the lender will repossess the house and sell it at auction. Sadly, a foreclosure could still leave you owing the debt remaining on the property as well. If you have already received a foreclosure notice, this is not the time to allow yourself to shut down from feeling overwhelmed. Take this notice as a last chance to turn things around and act accordingly. Whatever you do, if it has gone to this stage, do not bury your head in the sand. Stay all business when you speak or write. Avoid letting emotions take control, and this will help tremendously in keeping those lines of communication open. 

    Forewarned is forearmed. Want to stop the lender from foreclosing on your home and avoid facing all of the negative backlashes? Understanding foreclosure and what you can do to stop it in Cincinnati & Dayton can help you avoid paying such heavy debts.

    Discomfort

    Suffering comes in all forms, and having a roommate isn’t likely to be the optimal scenario you may have envisioned when you pictured homeownership. However, worrying about being able to pay your mortgage every month is not ideal. If you don’t already have a private living space within the home, such as a basement with a small kitchen and bath, you may need to sacrifice your master suite. Consider renting this space as you can bring in more for the rental and give both the renter and yourself a bit more privacy by having the facility contained within the rental area. Verify that your housing circumstances allow room rentals, such as HOA or other association rules and federal, state, and local Cincinnati & Dayton tenant laws. You should also check your insurance policy to ensure that the rental of rooms is allowed and won’t raise your rates dramatically. Taking quick action by getting a roommate to help with bills is another way to stop foreclosure in Cincinnati & Dayton. 

    Inventory

    Take inventory. Desperate times call for desperate measures. When your circumstances suddenly change, you must look inward to find the hidden treasures you have gathered during your life. If you face foreclosure in Cincinnati & Dayton, a quick fix to stop it is to liquify some of your other assets. It is better to act swiftly and allow yourself time to find the right buyer because no matter what the value of an item is on paper, it is only worth what someone is willing to pay to you right now. Taking this route to pay off your mortgage and save your home may be painful, so many homeowners first attempt to withdraw funds from less sentimental assets, such as savings accounts, 401k’s, or other property. Borrowers must sometimes sacrifice even their family heirlooms and cherished possessions to resolve their financial woes. It is time to look in the top of your closet and the attic for collectibles. You may even want to review your baseball card collection from childhood. Before cashing in, do your homework so you are sure to receive the total value for your belongings.

    Solution

    Want to end your foreclosure worries today? You can stop a foreclosure in Cincinnati & Dayton in its tracks by working with Ohio Cash Buyers LLC. You can sell your home to Ohio Cash Buyers LLC who can solve all your foreclosure problems. Ohio Cash Buyers LLC buys houses as they are, so you don’t need to worry about making repairs or even cleaning up for showings. You can simply pack up whatever you want to keep and walk away, leaving the rest to us. When you meet with a professional buyer from Ohio Cash Buyers LLC, they will walk you step by step through calculating the offer, ensuring you agree the offer is fair. Ohio Cash Buyers LLC uses simple, straightforward contracts. Ohio Cash Buyers LLC doesn’t charge commissions and has no hidden fees at closing. And Ohio Cash Buyers LLC pays in cash, making the process extremely quick. In most cases, you can close in a matter of days! And if you aren’t ready to move, Ohio Cash Buyers LLC can work with you on the closing date. Ohio Cash Buyers LLC makes it easy, handling everything with our in-house professionals from every walk of the real estate industry. Just call Ohio Cash Buyers LLC at

    or send us a message to learn more.

  • 6 Reasons Your Cincinnati & Dayton House Isn’t Selling

    6 Reasons Your Cincinnati & Dayton House Isn't Selling

    Why isn’t my house selling? Waiting for a buyer can be stressful when you’re selling your home. Emotionally, the constant readying for showings and let down as no offers follow can be draining. Financially, depending on the circumstances you’re facing, the bills keep rolling in as time passes. If you’ve had to relocate, you’re now carrying the burden of paying and caring for two properties. If the days are adding up to weeks and months, it can become downright depressing as every day passes. But there are likely many reasons why your Cincinnati & Dayton house isn’t selling.

    It’s time to make a change! When a listing lingers on the Cincinnati & Dayton market, something isn’t right with your listing. When something just isn’t working, you fix it. Given that you have mere seconds to capture the attention of the average buyer, no one fix is more important than the other. It all matters when you list your home. By learning these six reasons your Cincinnati & Dayton house isn’t selling, you can make better-informed decisions and finally sell your home.

    Overpriced

    When buyers are researching homes, they become intimately familiar with the best locations and established expectations in pricing. If the features, location, and other determining factors don’t add up to your asking price, then this is most likely the reason your Cincinnati & Dayton house isn’t selling. While buyers are willing to make offers lower than the asking price, they don’t want to deal with the discomfort of coming in with an offer so far below the asking price that it would appear insulting.  Overpricing equates to starting on the wrong foot with your listing. Setting the price right from the beginning is the best way to limit the time your home sits on the market waiting for a buyer.

    Outdated

    When buyers are walking through your home, they have expectations built around the latest technology and most up-to-date modern features of a home. You may need to renovate and update the elements of your home, from countertops to appliances and convenient features that meet the demands of technology. While you may love the wallpaper you’ve had since 1972, it’s turning off your potential buyers and could be the very reason your Cincinnati & Dayton house isn’t selling.

    Repairs

    If apparent repairs are needed, this is likely why your Cincinnati & Dayton house isn’t selling. The majority of buyers seek a home ready for their family to move right into and begin their new life. Additionally, as you may have already learned, bargain hunters typically include contingencies asking for credit against the cost of repairs. These deductions make the offer come in far below the home’s value, even with the need for repairs. Unless your home is brand new, there are likely to be some repairs you’re aware need to be completed. However, being oblivious to a problem doesn’t free you of the responsibility after the sale. You should keep in mind the consequences of failure to disclose in traditional home sales, even when you were unaware, can be extremely costly if you end up in court.

    Bad Advertising 

    Advertising is a multifaceted endeavor. Not only must the photographs associated with your listing be of top quality, but buyers also have expectations of virtual 360 tours, which require the services of professional photographers and drone pilots. The write-up needs to entice them with a fascinating description of the property to keep their attention on your listing. If you or your real estate agent haven’t taken advantage of the vast pool of buyers offered by optimal advertising reach and content, this may be the reason your Cincinnati & Dayton house isn’t selling.

    Staging

    Have you removed any personal items? Staging is widely used in marketing homes today because it gives the buyers a blank canvas to imagine themselves occupying the space. If your family photograph is on the mantle, or your favorite color tone of blue is on the walls, it can prevent the buyer from picturing themselves living in the home. Using neutral tones and removing some of your belongings visible during walk-throughs can vastly reduce the time on the market. If it appears to be someone’s home already, this is a potential reason your Cincinnati & Dayton house isn’t selling.

    Availability

    All of the steps involve professionals leading up to listing, open house, and showings, and finally, the inspections and appraisal all include appointments. The meetings equate to time out of your busy day, and showings mean prepping the home to look magazine perfect at the drop of a hat. If you’re unable or unwilling to make your home open and available with a moments notice, then you probably found the reason your Cincinnati & Dayton house isn’t selling

    Why wait or worry? Ohio Cash Buyers LLC will pay you a great price, even if your Cincinnati & Dayton house isn’t selling on the MLS. Find out how we can help solve your problems! Ohio Cash Buyers LLC makes it easy, just call

    or send us a message today.

  • 5 Ways the Foreclosure of Your Cincinnati & Dayton House Will Impact You

    Foreclosure occurs when, for whatever reason, agreed to payments for a mortgage loan and not being made in a timely and consistent manner. The reasons this can vary as widely as there are homeowners, from the sudden loss of life from a contributing family member, unexpected loss of income, or a myriad of other possibilities. Naturally, it is better to take swift action before things come to this point with the lender, as you are given multiple notifications and chances before this stage to ward off the legal proceedings.

    As circumstances have led up to the point of foreclosure, likely, you had already had several late or missing payments on your history, and you have already begun to feel the ill effects of a negative credit score. Sleepless nights may become familiar as the communications from your lender have increased, leading up to the final point of foreclosure. Our imaginations are much worse than reality, so take heart, others have survived foreclosure, and you can as well by knowing what you face and that there is hope and a light at the end of the tunnel. It can set your mind at ease to take a realistic assessment.  No matter how you have ended up in this situation, we will discuss five ways the foreclosure of your Cincinnati & Dayton house will impact you. 

    Credit

    Lenders hesitate to deal with the risk of a borrower with such a history. These financial penalties will continue for as long as the foreclosure remains on your credit score, a total of seven years. When lenders review your credit score details, the foreclosure of your Cincinnati & Dayton house will impact you by either facing extremely high-interest rates or flat-out denial of credit. This lingering ill effect means that life will become even more expensive as it is difficult to survive without credit. Sadly, the higher your credit score, the more impact a foreclosure has on the new score. Typically a three-year period with timely payments will clear your credit history of the foreclosure.

    Fees and Deficiency Payments

    The financial blows from the court fees and any deficiency from the foreclosure of your Cincinnati & Dayton house will continue to linger until the debt is satisfied. When you go through the foreclosure process in court, you are responsible for paying court fees. Additionally, you will still owe the difference between the amount realized for the property against any remaining debt to the mortgage lender, known as the deficiency.

    Equity

    Sold at an auction, lenders typically accept lower appraisal values and bids for foreclosures. You likely owe penalties in addition to the overdue payments, and this will all come from the proceeds. Whatever equity you may have gained over the years is likely about to be gobbled up by fees and penalties, along with a low sales price. The foreclosure sale tosses everything you have built right out the window. The loss of the home and your equity because of foreclosure of your Cincinnati & Dayton house will impact you in retirement by having depleted what could have been a significant contribution to your golden nest egg. 

    Stress

    When you are already experiencing a change in your life from whatever has caused the foreclosure to take place, the foreclosure itself becomes a looming nightmare. It is difficult to remember when emotionally invested that it is strictly business for everyone else involved. Losing your home and the equity you have built, facing court, and all of the expenses that come with it can have highly detrimental mental effects on yourself and your family. The stress of the unknown date the bank will evict you and where you will go is regrettably one of the most brutal ways the foreclosure of your Cincinnati & Dayton house will impact you. 

    Standard of Living

    Concerns about the standard of life you now face with your foreclosure history following you for years are valid. Because of the foreclosure, life has become even more costly. There are limitations on those with a foreclosure in the past. The red flag of a foreclosure on applications that require you to experience a credit history search can begin a downward spiral in areas of your life, such as the housing you find available and higher paying job opportunities. The job you accept and the area you live in can have a considerable effect on the enjoyment of your day-to-day life and is another way the foreclosure of your Cincinnati & Dayton house will impact you.

    Ohio Cash Buyers LLC understands all of the ways that foreclosure of your Cincinnati & Dayton house will impact you. If you are facing foreclosure, don’t wait until it’s too late. If you are in foreclosure now, let Ohio Cash Buyers LLC solve your problems. Ask any questions you like, with no obligation because Ohio Cash Buyers LLC is here to help you. Give Ohio Cash Buyers LLC a call right now at

    or send us a message!