Selling to avoid foreclosure

Selling to avoid foreclosure is an unfortunate necessity for some homeowners.

URB Chicago appreciates that selling to avoid foreclosure is a harsh reality for many homeowners. The emotional and financial stress can be overwhelming. However, our We Buy Houses process can provide relief and a path to having a Fresh Start.

URB Chicago’s fair cash offer continues to be a viable selling to avoid foreclosure option for Chicago Southside homeowners, preventing the stressful and often financially damaging foreclosure process. Here’s how it typically works:

  1. Contact Your Lender: The first step is to contact your mortgage lender. They may be willing to work with you to find a solution that prevents foreclosure.
  2. Evaluate Your Home’s Value: Understanding your home’s current market value is essential. This will help you set a realistic selling price.
  3. Sell Your Home Quickly: Time is of the essence when trying to prevent foreclosure. Selling your home quickly can help you pay off your mortgage before the foreclosure process is completed.
  4. Consider URB as Your Cash Home Buyer: Selling to a URB Chicago can expedite the process of closing as quickly as 7 days¹ and avoid real estate commissions, saving you significant money.
  5. Short Sale Option: If selling your home for its full market value isn’t possible, you might consider a short sale. With the lender’s approval, this involves selling your home for less than the amount owed on the mortgage.
  6. Avoiding Foreclosure Consequences: By selling your home to URB Chicago before foreclosure, you can prevent the negative consequences, such as damage to your credit score, potential tax implications, and the emotional toll of losing your home.

Selling your house fast for cash to URB Chicago to avoid foreclosure can provide a fresh start and help you move forward without the long-term repercussions of a foreclosure on your record.

If you have any questions or need assistance, feel free to ask!

Fair Cash Offer Hotline
(224) 601-0218

TEXT only (847) 750-4460

Call our We Buy Houses specialists at
(224) 601-0218 today,
and get a Fresh Start in as little as 7 days!

In addition to buying houses, URB also buys Chicago Southside 2-flat, 3-story, and 4-floor residential buildings, as well as mix-use, retail, and commercial properties, regardless of condition, for cash.

URB Chicago buys houses
for cash in any condition
Abandon
Tenants
Major Repairs Needed
Fire Damage
Water Damage
Full of Junk or Trash

URB Chicago buys houses
for cash in any situation
Code Violations
Financial Issues
Problem Tenants
Liens on Property
Avoid Foreclosure
Behind on Mortgage Payments

¹ Depending on individual seller.

URB Chicago is not affiliated with or sponsored by HomeVestors of America, Inc.,
and is not associated with the “We Buy Ugly Houses” Chicago trademark.