Because of the moratorium on foreclosure evictions, the number of homes for sale has gone down The homes listed for sale in Kingsport offer great opportunities for great real estate deals without the usual supply of short sales and pre foreclosed homes. Both foreclosures and other types of properties such as short sale often make up a large percentage of the housing market, however these are currently not selling due to the current moratorium
Video Transcription
Blaine Dartez: Hey, Blaine Dartez here with AwesomeWholesalerLLC. We buy houses in as-is condition around the Tri-Cities, Kingsport, Tennessee areas and into Virginia.
I want to talk a little bit about how to Stop Foreclosure today. Foreclosure is a serious situation that a lot of people in Tri-Cities, Kingsport, Tennessee area are facing. I got a lot of individuals that we’ve helped here recently. One, just this this last week where a little girl was facing foreclosure on a tenant property that she had. It was actually her rental property. The tenants hadn’t paid rent in a long time. It wasn’t her primary residence, which was great, but when you’re facing foreclosure in Kingsport, Tennessee, or just anywhere in general, it doesn’t matter if it’s your primary residential property or not, it’s still going to crash your credit for a serious amount of time and make it extremely difficult for you in a lot of different ways. It’s not a great thing.
Plus, you’re going to lose that property, all the equity built up in it that you’ve had this entire time, and amongst other things. I’ve seen people facing foreclosure and Tri-Cities Tennessee area that had almost 85% equity in their property. Seriously, $115,000 property, they were down to paying same mortgage payments still, but only owed about $20,000 left on the property, and bad things happen to good people.
In this last situation that I was talking about, the tenants hadn’t paid. The woman had no other source of income, so she couldn’t float both mortgages, and she was facing foreclosure. We had three weeks’ time to get this property, get it closed within her timeframe before they issued the foreclosure on her and get it bought. That’s exactly what we did. As a matter of fact, by the time we signed contract with her on the property, it took us six days to close it at the title company and get her a check in hand.
Now, that’s awesome. We were really excited about that, and she was also as you can imagine. She didn’t get foreclosed on. Her property is now being flipped and renovated because it was in Kingsport, Tennessee. It was in the Bloomingdale area, but the tenants hadn’t left it in the best situation. It was needing a lot of renovations. They had wrecked it just a little bit. It wasn’t the worst property that we’ve ever seen. But, anyways, we’re going to be able to partner with an individual. We bought cash in hand for her within six days and now we’ve started the renovation process. Our partner is renovating that currently, and we’ll have that done with the next few months and turn it into a great, beautiful new home in a subdivision in Kingsport, Tennessee that is bringing value to the [inaudible 00:03:26] that have hurting it like it previously was. Also, that little girl that doesn’t have a foreclosure in Kingsport, Tennessee on her which is awesome. So awesome, awesome, awesome. There had three happy parties, the seller, the end buyer, and then me, the representative in between.
We buy houses in and around Kingsport, Tennessee and all over the Tri-Cities, Tennessee area. We do pay cash. We partner with local investors to get the property off as soon as possible, as fast as possible considering your situation and for a fair offer, a fair price.
A lot of times we can close extremely fast. In this last situation, this person was facing foreclosure, we closed in six days and helped Stop Foreclosure. So, if you need help with a property and it’s not in the best of shape or you’re facing a situation like being foreclosed on, give me a call, (423) 797-6009. That is my business line you can reach me at it, rings at my cell phone when I’m out of the out of the office. That’s (423) 797-6009. If you can’t get me on that and you don’t really want to talk to me, that’s fine. Go onto my website, www.awesomecashbuyers.com and fill out a profile, tell me a little bit about your property give me an address, phone number, and an email. I’ll call you, we’ll talk about it. I’ll come out, I’ll visit you. I’ll see what we can do, see if we can give you a fast cash offer for your property and if that’s best for you in the Tri-Cities, Kingsport, Tennessee area.
Like I said, we also work on the Virginia side as well. So, one more time, I’m going to throw my number out there. It’s (423) 797-6009, my website, www.awesomecashbuyers.com. Let me know your situation. If I know your situation, I can figure out a method to help you. I’ll talk to you soon.
Thanks.