Homeowners Don’t Have to Feel Compelled to Give Up Their Houses to Banks in Baltimore

Baltimore, Maryland -

Homeowners have no control or influence over how banks will respond to mortgage defaults. All banks have stringent policies and they act accordingly. Those who fail to pay their mortgage will be fined heavily and sooner than later there will be a notice from the bank that would effectively compel the owner to give up their house. This happens more frequently and across the country than commonly acknowledged. Every year there are innumerable foreclosures across Baltimore and many people lose their homes and their most prized asset. People can now explore an option that will help them to capitalize on their ownership.

Dependable Homebuyers, a real estate investment company, is interested in buying houses from homeowners in distress. It is a direct sale with no involvement of the banks, realtors or ordinary buyers. The We Buy Houses company based in Baltimore has already purchased many homes in the city and across the state of Maryland. The company buys properties in any location and condition. Now it is specifically looking for properties that are being taken away by the banks. All banks serve a notice to defaulters and they do not let the owners have any say in how and when the properties will be taken away. Homeowners are basically forced to give up their house for no return. The original investment or the down payment and subsequent repayments or installments bear no rewards if the house is taken away. Banks also levy penalties for late payments and these can make recovery more difficult than it already is for many homeowners.

Dependable Homebuyers can buy any type of residential property directly from the owner. It does not matter how much money is owed to the bank. The present value of the property may be less than what is owed. The property may not be in great shape. Owners do not have to stage the house or invest in any kind of repair or renovation. All such problems are inherited by the buyer. Dependable Homebuyers will inspect the house and the owner does not pay anything for this process. There is a cash offer, usually available within twenty four hours. Owners can choose to sell directly or they can deal with the bank. If one chooses to sell, then the company can expedite the sale and complete the process in just one week. Visit https://www.instapaper.com/p/bmorehousebuyer to easily get a schedule and an offer.

The one week sale is fast enough to even outmaneuver the banks. Real estate sales take months so even if a homeowner tries to sell their property in the open market when the bank has already served its notice, the process may not be completed in time. Buyers are in control. They will negotiate. They seek funds from banks so an appraisal is necessary. Homeowners have to spend money on repairs and renovations, which is more problematic since they have already defaulted on mortgage payments and hence do not have much money to spare. All such effort and the expenses are not certain to lead to a sale or a quick one. Homeowners may end up losing their houses with the traditional option. Dependable Homebuyers can effectively help homeowners to not give up their without securing a return. Here's a recent press release they published.