Sell Now Philly

Is your rental property a pain in the butt? Causing you to lose sleep at night? Or worse, lose money? Let us help Being a landlord is not a job for the faint of heart. You put in a lot of hard work to maintain the property, make regular repairs, manage tenants, and all the other requirements that go with it. If you’re like most landlords, you originally went into the renting business so you could make some dependable extra income. Who wouldn’t want a regular rent payment ever...y month, that extra $1200 or whatever the amount is could cover so many bills! But what happens when property management gets out of balance? As your rental property becomes older, it may need more and more expensive repairs. Suddenly you may realize that you’re not making any money at all; in fact, you’re spending every dime and then some on trying to keep up with maintenance. Things like a new roof, plumbing issues, or foundation problems could mean that you can’t even have tenants. Now you’re stuck with an expensive money pit on your hands and no way to raise the funds to cover the cost of repairs. Rental properties aren’t like other investments that you can easily unload in just a few seconds! If you’re overwhelmed by the amount of work or repairs you have to do, selling your property for cash in as-is condition might be the perfect solution. You can be DONE with the whole situation in a matter of weeks. Worried about your tax situation or paying capital gains? We can help you navigate your circumstances so that you are in the best possible position We're a simple phone call away if you'd like to speak with one of our team members. Call today at 267-607-6880.

Thinking of doing a reverse mortgage?? Have a friend that did one? Make sure you do your research first!!! There’s a good chance you’ve heard of a reverse mortgage. The idea behind it is simplerather than getting a home loan and making payments to the lender, the lender makes payments to you. Sounds pretty cool right?! These payments can either be a lump sum or a monthly payment. Either way, you’re not required to repay the loan until you pass on or move out of the house. Ev...en though a reverse mortgage feels like free money, it’s actually a loan. Remember, there's no such thing as a free lunch! Interest, service fees, and mortgage insurance will all be assessed and added to the loan balance you owe. Over time, those costs can add up. Even if it sounds like a good deal for you, the fact is that reverse mortgages are controversial. Some hail the reverse mortgage as a sensible solution for retirees who need extra money, allowing them to tap into what is likely their most valuable asset. Others view it as a predatory loan that targets retired people who are in need of money. Before you make a decision, here’s some reverse mortgage pros and cons. PROS 1. Potential to receive regular income as long as you live in the home as your primary residence. 2. Payments from a reverse mortgage aren’t considered taxable income. 3. FHA reverse mortgage loans are non-recourse, so you can’t owe more than the current value of the property. 4. Payments don’t need to be made on the loan until the borrower moves, sells or dies. CONS 1. You must be at least 62 (or the youngest person in a couple must be this age) in order to get a reverse mortgage through the FHA program. 2. There are several costs to getting a reverse mortgage, including fees and mortgage insurance that add up quickly. 3. When you pass away, the loan balance needs to be repaid. Your heirs may not be able to keep the home if they can’t afford to pay off the loan and may be forced to sell. 4. If you are unable to remain in the home due to long-term care needs, the loan becomes due. This could make it very difficult to find good long term care options if there is little to no equity left in the property. Like many things, a reverse mortgage could be a great fit or a bad fit depending on the situation. If you aren't emotionally tied to the property, selling could also be an option. You would have a lump sum of cash that you could use for whatever you see fit, you wouldn't have to pay it back later, and you wouldn't have to worry about leaving a property with a ton of debt to your heirs. We buy properties directly from sellers all the time - meaning no commissions and no fees. We're an especially good option if the property needs repairs and you don't feel like dealing with it yourself. Plenty of options out there. Just please do your homework first. We're a simple phone call away if you'd like to speak with one of our team members. Call today at 267-607-6880.

In general, going the traditional route to sell your house that is, using a real estate agent, going through multiple showings, and waiting for a buyer to secure financing will often get you a higher sale price. But it takes much longer, and you lose a good chunk of money to fees and commissions. In certain situations, then, the benefits of selling directly to an investor in Philadelphia far outweigh the cons. 1. Cash payment: waiting for a buyer to secure financing (some...times the buyer can't qualify because of credit issues and sometimes the bank doesn't like the deal because the house needs repairs or they think the price is too high - either way it kills the deal and leaves you holding the bag). 2. As-Is Purchase 3. No Commissions 4. Fast Closing 5. Foreclosure Avoidance: We'll inherit your tenants or deal with your squatters The benefits of selling directly to an investor in Philadelphia are numerous and valuable. The problem is, though, many inexperienced sellers just don’t know how to go about selling to an investor. That’s where we can help. Do you Need to Sell your House Fast in Philly? we’re ready to give you a fair all-cash offer to buy your house.

The ejectment process begins when the owner files a complaint in ejectment. The complaint must be filed with the clerk of courts. The complaint must lay out the specific facts of the case. This may be as simple as asserting the Plaintiff is legal and record owner; the Defendant is occupying the property illegally; and the Plaintiff wants the Defendant removed from the property by sheriff. Once the complaint is filed it must be served on the squatter. The Pennsylvania Rul...es of Civil Procedure require in-person service at the defendant’s home or place of business. Once the defendant is served he has a minimum of twenty days to respond. If the defendant does not respond that plaintiff may take a default judgment. In order to take a default judgment the plaintiff must file a notice of praecipe to enter default judgment and serve it on the defendant via USPS first class mail, proof of mailing. Do you Need to Sell your House Fast in Philly? we’re ready to give you a fair all-cash offer to buy your house. #webuyhouses #webuyhousesfast #asis #buymyhouse #sellmyhouse #sellmyhousefast #sellmyhousenow #housebuyer #homebuyer #cash #taxdelinquent #sheriffsale #shell #majorrepairs #webuyhousescash #buymyphillyhouse #buymyphiladelphiahouse #philadelphia #realestate #philly #phillyrealestate #realestatephilly #realestatephiladelphia #distressed #estate #estatesale #inheritanceproperty #foreclosure #stopforeclosure #eviction

Who is a squatter? A person who unlawfully occupies an uninhabited building or unused land. It will be unlawful to forcefully remove a person from your property because it can land you in legal trouble.... To remove a squatter from your property you have to file for ejection In Philadelphia, PA an ejectment is a legal process to remove a squatter from property. The time frame is four months to a year depending on whether the defendant takes action. For example, if the squatter is well represented or has a legal defense the ejectment may take longer. If the squatter is not actively contesting the ejectment the process may be more expeditiously resolved. Unlike an eviction an ejectment is a civil action initiated in the Philadelphia Court of Common Pleas. If the defendant is represented by counsel you may be forced to respond to discovery requests, motions for summary judgments and depositions. Therefore, it is important you have a trained legal advocate to assist you where the defendant plans to challenge the case. Stay tuned as our next post will talk about how to go through the filing process!!! Do you Need to Sell your House Fast in Philly? we’re ready to give you a fair all-cash offer to buy your house. #webuyhouses #webuyhousesfast #asis #buymyhouse #sellmyhouse #sellmyhousefast #sellmyhousenow #housebuyer #homebuyer #cash #taxdelinquent #sheriffsale #shell #majorrepairs #webuyhousescash #buymyphillyhouse #buymyphiladelphiahouse #philadelphia #realestate #philly #phillyrealestate #realestatephilly #realestatephiladelphia #distressed #estate #estatesale #inheritanceproperty #foreclosure #stopforeclosure #eviction