“Take over my house payments…Is that really possible?”
The short answer is that anyone can pay the mortgage on a property in someone else’s name. Lenders don’t care where mortgage money comes from as long as it is applied to the correct loan.
If you need to sell your house in the fastest, easiest, and most convenient manner, continue reading.
Our Panama City Take Over House Payments Program is designed for distressed homeowners that cannot pay their mortgage anymore and are ready to walk away.
After the loss of my step-mother, I ended up inheriting her house. Not prepared at all I was forced to pay huge maintenance fees and back taxes and I was spending more and more money every month. I tried to sell the property on my own and then listed it with a few Realtors but they could not find a buyer. It was after a close friend heard what I was going through and recommend us to WeBuyHousesinFlorida.org that I was finally able to sell the house and pay off my debts. — Carlos D.
How Does It Work?
Take Over Mortgage Payments is simple and works well with non-assumable mortgages. We’ll take over your property and you’re no longer responsible for mortgage payments. We offer this relief program to Panama City and Panama City Beach FL homeowners who are ready to walk away, even if you owe more than your home is worth. We then take care of the property and bear all the maintenance costs.
Here’s how we can help:
- We take over payments even if you’re underwater! An Investor Buyer will become the owner and will take care of your house payments. You don’t have to make any more mortgage payments to your bank or lender. We’ll take care of the repair cost, maintenance, vacancy, and any pending foreclosure.
- All necessary updates and repairs are our responsibility. We are going to take care of any important property updates and repairs required for the sale of your house. We’ll take over your house in “As Is” condition. You don’t have to be worried about the maintenance and repair costs anymore. If you’re ready to walk away from your home and want to get rid of the stress of mortgage payments and repairs.
- We’ll take care of your house and mortgage payments. We have a system in place to control the property without hassle. The house will be professionally managed, so you no longer have to stress about upkeep, tenants, etc. In most of the cases, our deals are closed within 30 days of the property handover. Any distressed property owners with little to no options left can contact us immediately.
How much does it cost?
We work with zero upfront transaction fees or commissions for your property. As new owner’s of the property we do not make any profit unless the payments are made and the house is eventually sold to pay off your loans. We have designed this program for the homeowners who are unable to afford their monthly mortgage payments and or need immediate financial relief with no cost.
Our program offers immediate relief to distressed homeowners with underwater properties, low equity, and lots of equity. If you have tried for short sale, are unable to manage monthly payments, need immediate financial relief, and are otherwise ready to walk away out of frustration, we can help.
If you are taking money out of your retirement savings, college funds, and emergency savings to save your home, it is time to get some professional advice. Is it worthwhile to give away your savings or future to come up with your monthly mortgage payments? Take control of your financial life and stop throwing “good money at bad”.
My wife and I were facing foreclosure and weren’t quite sure where to turn. with not a lot of equity and no money for moving you found a solution for me and my wife when we thought there was no hope. You guys even helped us find a place and arranged to help us move. In a time of despair, you were there to help and treated us kindly. We will always be grateful. You were truly a blessing at just the right time. — Richard & Nancy H.
The Investor Buyer that takes over your house payment becomes the owner of the property, and relieves you of payments, maintenance, property taxes, and HOA payments. They only make a profit when the monthly mortgage payments are made and when the home is ultimately sold to an end buyer – we do not want your home to fall behind on payments or foreclose! Your mortgage(s) will be paid in full when the house is re-sold to a 3rd party, typically a Lease Option Tenant that has occupied the property for some duration. You are always able verify that the mortgage payments are being made on time. We cannot guarantee a timeline of when your home will be sold to an end buyer, but if you are tired of pouring money towards a house and need a better solution, fill out the property information form.