Sell My Los Angeles House When Paying 2 Mortgages
Double Mortgage Payments Los Angeles, CA - Paying Double Mortgage Sell Fast
If you’ve reached this page, you're probably paying two mortgages on your house in Los Angeles.
We can help you out of your Los Angeles double mortgage payments.
Understanding Your Situation: Los Angeles Double Mortgage Payments
Perhaps you already purchased a second house but are still waiting for the first house to sell?
Or, do you have a reverse mortgage or Home Equity Line Of Credit (HELOC) loan, and the double payments are just too much?
Maybe you purchased a property at the peak of the market, and now your house is worth less than the amount you owe.
Maybe you’ve tried selling but your local real estate agent hasn’t been of much help.
Maybe you inherited a house... and its mortgage, and now have 2 mortgages to pay. (Click here to sell your Los Angeles inherited home fast.)
Regardless of how you arrived here:
It's time to consider how we can help get you out of this situation.
Sell Your Los Angeles House & Get Back to One Mortgage Payment FAST
Don't wait to lose your Los Angeles house! Sell your house fast to a local real estate investor & cash buyer like us.
Our ultimate goal is to get you out from under this burden, and back to paying one affordable monthly payment.
We know you want to take care of this as soon as possible.
The fastest way is to sell your Los Angeles house directly to local real estate cash buyers (like us). No REALTOR® required!
This is not a sales pitch. We do not care if you sell to us or another group of investors. The bottom line is:
Selling your house in Los Angeles, as is, to a local cash buyer, is the fastest way out.
If you want to list your property with a REALTOR®, you will be waiting an average of 41 - 65+ days before the deal is completely closed (realtor.com).
By selling for cash, we can close on your home in as little as 7 days.
That means the title is transferred, and you're out from under your 2nd mortgage payment, in as little as 1 - 2 weeks from our first interaction.
Also, when you sell for cash the property is bought in 'as-is' condition.
This means that you can leave the house in its current state. There is no need to make any repairs, upgrades, or improvements.
How to Save Money by Getting Rid of Your Double Mortgage Payments in Los Angeles
If you list your house with a REALTOR®, not only does it take an average of over two months, but you also pay them a percentage commission, typically 6% of the closing price.
So let's say you are selling a house for $100,000.
You will most likely be still paying your mortgage for two extra months while the property is listed.
Ballpark: $1,000 / month x 2 months
= $2,000 in extra mortgage payments.
In addition, you will pay the 6% commission:
$6,000 to your Real Estate Agent.
$2,000 mortgage payments
+ $6,000 REALTOR® commission
= $8,000 in extra costs
(per $100k sales price!)
Beyond that, there will be further closing costs... and that is not counting the cost of potential repairs, upgrades, cleaning, and staging into which you'll need to invest.
In other words:
By selling your Los Angeles house with a REALTOR®, you will be waiting 2 - 3+ months longer, and paying an extra $8,000+ or more in added costs.
By selling your Los Angeles house to local real estate investors for cash, you avoid all of these costs.
Plus, you can have cash in your hand at closing in as little as 2 weeks from today!
How it Works: Selling Your Los Angeles House Fast to Local Investors
To get started on selling your house fast for cash:
Begin with our brief Seller Form for a free, no-obligation cash offer to buy your house.
We'll do our homework, ask any remaining questions, and schedule a time to visit your property in-person.
Then, we'll make you an offer to buy, in as is condition, fast, for cash.
Once we agree on a sale price & sign the contracts...
We'll coordinate the Closing at a reputable local Los Angeles title company, where you'll be receiving a cashier's check for the purchase price on the spot.
Once you sign over the title and receive your payment, your house is sold & you have your cash in hand.
You are now back to one mortgage payment.
If you are ready to get out from under your burden of 2 mortgage payments, we are here to help.
The first step will be filling out our brief Seller Form to receive our no-obligation cash offer.
We buy houses in Los Angeles, and will be happy to help you out of this situation if possible.
Whether or not selling your house to a local cash buyer ends up being the right choice, we will be happy to help point you in the right direction.
Feel free to contact us directly with any questions.
We hope to help you out of this situation as soon as possible! Thanks for reading.
If you're ready to sell your Los Angeles house in as is condition, for cash: