Sell Your TN House While Behind On Mortgage Payments

Falling behind on mortgage payments is a stressful situation for any homeowner. If you’re behind on payments and struggling to catch up, it can feel like the options are limited. Many Tennesseans face the difficult decision of how to manage their mortgage debt while avoiding foreclosure. If you’re in this situation, selling your house might be the best solution to avoid further financial strain.

At New Horizon Home Buyers, we specialize in helping homeowners in Tennessee who are behind on their mortgage payments. Whether you’re a few months behind or facing foreclosure, we can help you sell your house quickly, get cash, and move forward. In this guide, we’ll explain the steps you can take if you’re behind on payments and how we can help you sell your home and avoid foreclosure.

Why You Should Consider Selling If You’re Behind on Mortgage Payments

If you’ve missed mortgage payments, it’s essential to act quickly to avoid foreclosure. Falling behind on payments can lead to severe consequences, including losing your home and damaging your credit score for years. Selling your house can provide a financial lifeline, allowing you to pay off your mortgage and avoid foreclosure.

Consequences of Falling Behind on Payments:

• Foreclosure: If you’re unable to catch up on payments, your lender may begin the foreclosure process, which could result in you losing your home.
• Damaged credit score: Late payments and foreclosure can significantly damage your credit score, making it difficult to secure loans, rent homes, or buy property in the future.
• Mounting late fees: Mortgage lenders often charge late fees, which can increase the amount you owe and make it even harder to catch up on payments.
• Emotional stress: The financial burden of falling behind on mortgage payments can cause significant emotional stress for you and your family.

Selling your home before the situation escalates can help you avoid these negative outcomes and give you a fresh financial start.

We Buy Houses In Tennessee
Sell Your Home Without A Realtor!

At New Horizon Home Buyers, we specialize in buying TN houses directly from owners who want to sell their home fast for cash without using a realtor. Here’s how our simple home selling process works…

Step 1

FILL OUT THE FORM

Fill out the form to give us some basic information about your property.

Step 2

GET YOUR CASH OFFER

We will contact you to discuss your cash offer with NO Obligation to accept.

Step 3

GET PAID

We schedule a closing date that works for you and you get paid!

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We Buy Houses Without The Hassle

Cash Home Buying Company In Tennessee

“My wife and I recently sold an investment property to New Horizon and we could not ask for a better experience. Erik was incredible to work with and made each step of the process smooth and easy. Looking forward to working with them again!”

–Matthew Bonadies

Steps to Take If You’re Behind on Mortgage Payments

Why Sell to New Horizon Home Buyers?

At New Horizon Home Buyers, we understand how stressful it can be to fall behind on mortgage payments, and we’re here to help you find a solution. Here are some of the reasons why selling to us may be the best option for you:

1. Sell Your House As-Is

You don’t have to make any repairs or updates to your home when you sell to us. We buy houses in any condition, so you can avoid the expense and hassle of fixing up your property before selling.

2. Fast and Easy Process

When you’re behind on mortgage payments, time is of the essence. We offer a fast, streamlined selling process that allows you to close in as little as seven days. This means you can pay off your mortgage and avoid foreclosure without waiting months for a traditional sale.

3. Cash Offer for Your Home

We buy houses for cash, which means you won’t have to worry about buyers securing financing or waiting for bank approvals. Once we assess your property, we’ll make a fair cash offer, and if you accept, we can close the sale quickly.

4. No Hidden Fees or Commissions

When you sell to New Horizon Home Buyers, you won’t have to pay any real estate agent commissions or closing costs. The cash offer we provide is the amount you’ll receive at closing, with no surprises.

5. Local Tennessee Experts

We are a local real estate investment company, and we understand the Tennessee housing market. We’re committed to helping homeowners in our community find solutions to their real estate challenges, and we offer personalized service and support throughout the selling process.

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Frequently Asked Questions

1. Can I sell my house if I’m behind on mortgage payments?

Yes, you can sell your home even if you’re behind on mortgage payments. Selling your home allows you to pay off your mortgage and avoid foreclosure.

2. Do I need to make repairs before selling?

No, you don’t need to make any repairs when selling to New Horizon Home Buyers. We buy homes in any condition, allowing you to sell quickly and without the stress of fixing up your home.

3. How long does it take to sell to New Horizon Home Buyers?

We offer a fast, streamlined process, and we can close the sale in as little as seven days. This means you can sell your home quickly and avoid further mortgage payments.

4. Are there any fees or commissions?

No, when you sell to New Horizon Home Buyers, there are no hidden fees, commissions, or closing costs. The cash offer we make is the amount you’ll receive at closing.

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