Why You Need to Sell Quickly to Save Your Credit
If you have missed more than three months of mortgage payments, you might have received a stern letter from the lender that it will begin foreclosure proceedings. In this case, you would be motivated to sell your house fast. You will have to do some research to find the right investor. For example, if you choose a real estate investment company, you would not have to complete costly repairs to your house to sell it fast. You also would get the benefit of quick cash that you can use to pay your other obligations. The proceeds of the sale would go first to pay off the lien, and the remaining would be your discretionary funds.
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