The "low equity, no equity" situation is the most common
problem we come across. In most cases, the homeowner has tried to sell their
house "for sale by owner" (FSBO) with no luck. When they discover they are unable to sell their home, their
next step is usually to list it through a Real Estate Agent. In order to cover the Real Estate Agent's commissions and
settlement costs, they usually have to dramatically increase the asking price. Since the price was artificially increased,
the likelihood of selling the house is reduced even further.
Even if the house does sell, any equity that does exist is quickly eaten away by the Real Estate Agent's commission,
settlement costs, taxes and holding costs, leaving the seller responsible for bringing a large check to the settlement table.
You don't have to pay real estate commissions and you don't have to give away your equity, no matter how small it is, to
a Real Estate Agent!
We purchase homes from people in situations like this all the time. In most cases we are able to
return some of that hard earned equity to the homeowner, or at least reduce the amount of money they have to pull
out-of-pocket at settlement.
If you don't want to continue worrying about a house you no longer want or can afford,
Contact The Helmore Group or Call 0274 376 459 and we will help take this financial burden off your hands once and for all!