The Process of Distressed Sales

Distressed sales can arise from situations such as divorce, foreclosures, relocations, or other unforeseen events that require sellers to liquidate their assets promptly. For instance, a homeowner facing mortgage payment challenges may choose a short sale, a form of distressed sale.

Understanding your options: If you are facing financial difficulties or any of the above, this is how @ WeBuyProperty we aim to assist you and provide the best Solution to all your property Situations:

  1. Recognize the issue: The first step in the process is to acknowledge that you are struggling to meet your mortgage payments. It is essential to take action as soon as possible to prevent the situation from escalating.
  2. Contact us to provide the best options available.
  3. We will assist you with the evaluation of your property.
  4. We will present to you a cash offer.
  5. Upon acceptance of our offer to you,
  6. Our legal team will proceed with the legal property sale processes.
  7. Is your Municipal Account in arrears prior to the transfer of the property? Do not worry, we understand your situation, hence we will assist you to settle your Municipal Account through our Bridging Finance Systems.
  8. Don’t have money to pay for the Electrical Certificate of Compliance known as COC? No problem, we will assist you through our bridging finance to pay for your COC prior transfer of the property.
  9. Are you under Debt Review and cannot afford to buy a property? We will assist with that too, through our inhouse debt review removal programme, and get you back on the green light.

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