In today’s Real Estate market many sellers are finding themselves in an “ackward” situation”. Having either bought a house sometime recently within the past 10 years or re-financed their existing mortgage, only to find out today that the value of their home is much less then the current mortgage balance leaving them “under water” and frustrated. The frustration is being felt by homeowners all across america especially in states hit hard by the economy and poor job market such as Florida. Unfortunately this causes many issues for homeowners especially for those who want or need to sell their home due to any number of circumstances such as foreclosure, divorce, not being able to afford their mortgage payments, inheritating a house through probate, the loss of a loved one, job loss, decrease in pay and other circumstances are leaving homeover “stuck” with a house they either no longer want or no longer can afford.

Because of the sometimes dramatic difference in “market value” compared to the mortgage balance, lenders such as banks are not only not lending to 80% of applicants but have tightended lending criteria and will not lend enough to homebuyers who want to purchase the “underwater” property. This leaves an undesirable outcome for many homeowners where they feel forced to either give up letting their house go into foreclosure or are left paying for a house they no longer desire to be in.

Justin Fishman and Mark Levenson the partners of BuyMyHouseNow123.com have specialized knowledge and Real Estate techniques to overcome many of these challenges including working with both sellers and buyers to be able to sell and purchase homes in these situations even if the property itself has little to no equity

They are able to overcome the challenges of selling for the homeowner who does not have the financial means to pay traditional closing costs which are typically 3% of the selling price. In these situations where the seller has little to no equity they would need to come out of pocket to cover these closing costs with “traditional methods” these traditional methods do not leave many options for the seller