We work with motivated sellers across the country to assess distressed properties and make fair cash offers to provide them with the financial flexibility they need.
Of course! We specialize in fast cash payments for homes in practically any state of repair, from properties with minor cosmetic issues due to a lack of recent tenants to homes with major structural and foundational damage. We can also work with homeowners whose properties are mired in legal complications, so no matter if your home or its legal standing is in less than ideal condition, we can work with you to offer the fast cash settlement you need.
When you turn to Our team to jumpstart your home selling process, the goal is always to get a cash payment in your hands as quickly as possible. After you answer some preliminary questions about your home over the phone with our staff of specialists, you can have a no-obligation appraisal of your home scheduled. When this basic inspection is complete, our real estate expert will make you a fair cash offer as well as answering any final questions you have about the process.
Not a penny! Our home appraisal services come free of charge and there is never any obligation to sell, to the final decision on your property always rests with you. Our staff will always be happy to provide the answers you need from start to finish, and ideally the end result is fast cash for your unwanted property!
I inherited my uncle's home in his will, and while it's a really nice house with a lot of land
around it, the amount of work that would have to be put into it is just too much for me right
now. A friend told me about you, who made me a really fair offer for the estate, and
I was able to pay down my credit card debt and student loans with the profits. Good deal!
Socorro, New Mexico City Information
Socorro Bad Shape Home - Sell Your Home Fast Articles
Bad Shape We Buy Your Home Topics
Bad Shape We Buy Your Socorro Home Quickly Video
You can find SEO Services for Socorro website owners here: Socorro SEO Services
Socorro - We Buy Your Bad Shape Home Quickly References
New Mexico, seat (1852) of Socorro county, central New Mexico, U.S. It lies along the Rio Grande. The site, originally occupied by a Piro Indian village, was visited by a Spanish expedition led by Juan de Onate, who gave the village the Spanish name Socorro, meaning help or aid, after the Indians fed his company. A mission, named Nuestra Senora de Perpetuo Socorro (Spanish:'Our Lady of Perpetual Help'), was established there, but it was abandoned during the Pueblo Rebellion of 1680. The site was not resettled until 1817, when a land grant from the Spanish crown encouraged colonization. During the American Civil War the town harboured a federal garrison and served as a supply centre. The settlement's growth was encouraged by the discovery of silver in 1867, the arrival of the Santa Fe Railway in 1880 (at which time Socorro was the largest city in New Mexico), and the founding in 1889 of the New Mexico School of Mines (now New Mexico Institute of Mining and Technology). Mining, ranching, and irrigated agriculture are basic to the economy. Socorro also serves as the supply point for the north end of the White Sands Missile Range. It has some light industries and is a tourist base for a scenic mountain region including part of the Cibola National Forest. The nearby Bosque del Apache National Wildlife Refuge, which provides habitat for more than 700 bird, mammal, and reptile species, is a popular destination for visitors. Inc. 1894. Pop. (2000) 8, 877; (2010) 9, 051.Very Large Array, radio telescope system located on the plains of San Agustin, near Socorro, N.M. Hajor
Distressed Properties FAQs
What are Distressed Properties?
In real estate, if a homeowner suffers from financial problems, which render him unable to meet his monthly mortgage obligations, he is said to be in distress and the home is referred to as a Distressed Property. Based on the stage of foreclosure the property is in, it can be classified as a pre-foreclosure, foreclosure at auction or a bank owned home/repo home.
For more information, simply check our What are Distressed Properties? page.
How to buy distressed properties?
Buying distressed homes is simple enough. You only need to determine where in the stage of foreclosure is your entry point and understand what is involved in purchasing these properties. Each stage will require a different approach, so it is also crucial you do your homework even before you search for the perfect distressed property.
To help you make sure your purchase is a success, check out the How to Buy Distressed Properties page.
How to invest in distressed properties?
Considering the impressive profit potential offered by distressed properties, it is not surprising buyers are presented with numerous investment opportunities. You will find investing in these distressed homes is quite lucrative. Of course, in order to maximize the said potential, you have to make sure you know and understand what is involved in each of these opportunities.
You can refer to the Guide in Investing in Distressed Properties for more information.
How to find distressed properties?
When it comes to finding distressed properties, there are actually several ways to do so. You can choose to go the traditional route and search neighborhoods or scan classified ads in newspapers. But there is actually a more efficient and convenient way - there are distribution centers.
We offer a large selection of distressed houses for sale, including pre foreclosures, foreclosures at auction and bank owned properties located in all 50 US states. You will have easy access to all relevant information pertaining to these homes with just a few clicks in your computer. Finding the best deal on a distressed property which meets your budget and preferences will always be hassle-free.
Is there a specific type of distressed properties which is more profitable to invest in?
You will be pleased to know that despite the many types of distressed properties, all of them promise to be profitable. Your choice will simply have to depend on your resources and needs. Since each type of distressed home offers their own advantages, you have to determine which type you are comfortable of buying and eventually owning.
Are distressed homes always sold as is?
In general, distressed properties are sold as is. For this reason, you have to conduct a thorough inspection of the property to see the extent of repair work needed. Hiring a professional inspector is strongly recommended. In few cases, the seller will agree to agree to shoulder the repair cost as long as they are minimal. It is really a matter of knowing exactly what you are buying and negotiating with the seller.
What Are Handyman Specials?
Distressed properties which require extensive repair are usually referred to as Handyman Specials. They are usually sold at very low prices since the buyer will have to spend much on repair and renovation. It is important you know exactly how much it would cost you to have the property fixed up to estimate your potential profit. You can do so by working with an experienced and professional contractor.
What are Fixer Upper Homes?
These distressed properties - as their name suggest - requires fixing up. Investors consider these properties as the perfect choice for flipping since they can be bought for a fraction of their market values. Obviously, you will have to order a thorough home inspection to determine how much it will cost you to repair the property. Once they have been repaired and renovated, they can be sold for considerable profit, which is why many real estate investors consider them gold mines.
What do I need to get started with distressed homes investing?
To get you started on your distressed homes investing, you will need to educate yourself about everything there is to know about properties in distress from buying to cashing in on your investment. Of course, you have to understand your success will be greatly dependent on finding the best deals.
We provide Bad Shape Home services for residents and companies.
We provide services in every State including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut,
Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky,
Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico,
New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon,
Pennsylvania, Rhode Island, South Carolina, South Dakota,
Tennessee, Texas, Utah, Vermont, Virginia,
Washington, West Virginia, Wisconsin, and Wyoming
Closely Related Topics: Unsold Homes Are Expensive For You.
Related Statewide Reading Topics: Socorro - Unsold Homes Are Expensive For You.