Finding yourself on the brink of foreclosure can feel like a nightmare you never saw coming. If you’re stuck in this tough spot, breathe—it’s rough, but you’re not going through it alone! At Mike Buys Houses NC, we understand how hard this time must be for you and your family, and we want to throw you a lifeline. We buy houses fast for cash in Elon, NC. It’s a smooth, no-fuss way to dodge foreclosure and get back on track.
Complete our online form by providing your personal information along with specific details about your home.
Our team will review your property information and any photos submitted. This process typically takes 1 business day.
We aim to schedule a face-to-face meeting to see your home in person within 1 business day after completing the Home Review.
After the personal tour, we’ll promptly provide a cash offer and explain how we determined it to help you make an informed decision.
After signing the purchase agreement, we’ll work together to schedule a closing date. You get the check, we get the keys. It’s really that easy.
Absolutely! Selling your house is indeed a viable option to stop foreclosure. When you sell your house, you can use the proceeds to pay off the outstanding mortgage balance, thereby avoiding foreclosure altogether. This method not only prevents the adverse effects of foreclosure on your credit score but also allows you to walk away with any remaining equity after the sale.
If you’re in a hurry to stop foreclosure, Mike Buys Houses NC can be your ally. We specialize in buying houses fast for cash, enabling you to settle your mortgage and move forward. Our process is streamlined and hassle-free, designed to get you out of a bind and help you regain your financial footing.
We put in the hard work so you can get the best possible offer with no added stress. From start to finish, it’s fast, fair, and hassle-free!
We’ll work hard to get you a fair cash offer on your home quickly.
We do not charge any kind of commissions or other types fees.
We buy your house regardless of the condition or situation you’re facing.
We first determine what your home will be worth after we complete all the necessary repairs and updates to make it retail-ready.
We take our 20 years of real estate & construction-related experience to determine a budget for the necessary repairs to your home.
At Mike Buys Houses NC, we try to match the best offer solution for each unique situation. Aside from a traditional cash offer, some sellers greatly benefit from creative selling options.
Typically, you get a higher sales price when you sell on terms versus an outright cash deal.
Mailbox money…right to your mailbox. You just collect a check.
Unlike a rental property, here, you don’t have to deal with tenants or leaky toilets. That is all the Buyer’s responsibility.
The property is the collateral for the loan. If the Buyer defaults on payments, you have the ability to foreclose. This is an excellent form of security for your investment, typically only found in real estate.
If you made a profit on the sale of an investment property, you may have a capital gain exposure PLUS depreciation recapture tax. This can eat into your profits significantly. Please seek counsel from your CPA on what tax benefits are available to you.
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