Can you sell a house with a deed of trust? At Sell Pittsburgh Now, LLC, we buy houses in Pittsburgh, PA, no matter their condition.
Selling a home with a deed of trust can feel impossible or overwhelming. Keep reading to discover how we make the process fast, stress-free, and guaranteed.
What Is a Deed of Trust?
A deed of trust refers to an agreement between a borrower, lender, and third-party administrator known as a trustee. They work similarly to mortgages and help someone purchase a home with borrowed money while providing security to the lender.
The beneficiary gives money to the buyer in exchange for a promissory note that promises repayment. The trustee protects the title to the home until the borrower repays the loan in full.
What happens if the Pittsburgh buyer can’t repay the loan or misses too many payments? The house may enter foreclosure, and the lienholder may list it on the market. The process occurs much the same way as when someone misses mortgage payments.
How To Sell a Challenging Pittsburgh Property
Can you sell a house with a deed of trust? Legally, yes, but sometimes it presents unique challenges. Whether you can’t make payments or need to move for a job, you don’t have to wait to pay off the deed in full.
For example, with a foreclosed home, potential Pittsburgh buyers may worry if the previous owner hasn’t taken care of it. If a homeowner can’t afford their monthly payments, what other repairs or home care fell by the wayside?
Foreclosure also attracts real estate investors with low-ball offers. Real estate agents often ignore selling these properties because the low commission isn’t worth their time.
Consider Selling to a Reliable Cash Buyer
The best way to quickly deal with a problematic house is to sell to an experienced and trustworthy cash buyer. They provide customized house-selling solutions by giving a fair cash offer no matter the state of the house.
When you sell to a company like this, real estate agents become a thing of the past. The process doesn’t require any showings or negotiations.
You also keep 100% of the profits after paying off the deed. It doesn’t require sellers to pay closing costs, commissions, or make repairs to a severely damaged home. However, that’s not even the best part.
The traditional sales process takes months, during which time you’re liable for payments you possibly can’t afford. When you partner with the right cash buyer in Pittsburgh, the process takes as little as seven days. Why wrack up more debt when you can quickly obtain essential financial security?
Start Selling Your Pittsburgh House Today
Can you sell a house with a deed of trust? Yes, but why wait for the traditional buyer when Sell Pittsburgh Now, LLC, is ready and willing to buy? We buy Pittsburgh houses in any condition or for any reason, including those with tax liens or problematic tenants.
Sell your home in just 24 hours by calling (412) 275-5238.