House in Forbearance, Hillsboro

Selling My House While in Forbearance In Hillsboro, Oregon

Mortgage forbearance options and foreclosure moratoriums regulations have saved many homeowners during the COVID-19 pandemic from losing their properties. 

The mortgage forbearance plans have allowed borrowers to suspend mortgage payments temporarily. 

However, this does not mean that these suspended payments do not ultimately have to be paid. Depending on your plan, you must add them up to the new mortgage payment. 

However, Some borrowers remained in a tight spot once they had to start paying again. 

Others had contacted us because they needed information about selling their homes while in forbearance.

Approximately 850,000 borrowers will exit forbearance in August – October 2021, and because of strong price appreciation and very few loans with negative equity, open market sales are a realistic option for the majority of distressed borrowers. Over the past year, 25% of borrowers exited from forbearance without a plan for returning their mortgage to good standing.” Zillow-research 2021

If you are a Hillsboro homeowner enrolled in a mortgage forbearance plan, but perhaps the available repayment programs, you still can’t meet your home loan obligations. You are not alone. 

There are thousands of homeowners across Oregon that continue suffering from the pandemic crisis. However, the good side of the situation is that the real estate market is in a magnific shape, and houses value has been increasing during 2020 and 2021.

Fortunately, home equity is an asset that distressed homeowners can take advantage of. So, If you are under a mortgage forbearance plan and need to sell your house, this is the best time.

You can list your Hillsboro house through the real estate market or sell it directly to a professional house buying company like us, saving time, money, and stress. For a hassle-free quick sale, the best option is our company.

Our home buying process is simple,  transparent, easy to understand. Usually,  we close in seven days.

Why Should I Sell My House to An Investor?

If you are selling your house, you can use any available selling method. However compering, the most significant advantage of selling your property to an investor is the time and money you can save.

Is it quicker and more convenient to sell a defaulted property through a real estate agent or to an investor as Better Off Home Buyers?

Let’s compare:

ActivitySelling w/ An AgentSOLD To Better Off House Buyers
Inspection & Financing Contingency*:Yes, sales can fall throughNONE
Appraisal Needed:Yes, the sale is often subject to appraisal – Seller pays the feesNONE – We make cash offers
Average Days Until Sold:+/- 91 DaysIMMEDIATE CASH OFFER
Number of Showings:On average, 20 showings1 (Just Us)
Who Pays For Repairs?:Typically, The Seller. However, this can be negotiated during the Inspection PeriodNONE – We pay for all repairs
Commissions / Fees:You, the seller, pay 6% on averageNONE
Closing Costs?:You, the seller, pay 2-5% on averageNONE – We pay all costs
Closing Date:30-60 +/- days after accepting buyers offerThe Date Of YOUR CHOICE

When a homeowner sells his property through the real estate market, he must incur several costs, including:

  • Real estate agent commission plus closing costs. About 8.5% of the selling price.
  • Home improvements (major or minor repairs), cleaning, gardening, maintenance, advertising, average 12% of the selling price.
  • Been waiting for an average of 90 days for a buyer to show up, plus mortgage, taxes, homeowners association, about 2% of the selling price.
  • Time. Only you can put a price on your time.

In short, a Hillsboro homeowner selling his median home value property may have a cost of 22.5% 

In real numbers, that is: 

Hillsboro median home value   $430,425

Costs 22.5%                                           ($  96,846)

Total                                                     $333,579

The same homeowner selling the same house to us may receive the possible top home price. We have testimonies from homeowners across Oregon who received top dollars for their properties. They state that they got cash quickly, and the selling process was a satisfactory hassle-free experience.

Other Options You Should Consider Selling?

It is true if you are still in a good position in terms of home equity. You may be behind on your mortgage payments or put it off due to a forbearance plan, but you owe less than the property is worth in today’s market. 

That means you can profit from a successful home sale. Even if you only break even, selling your home may be the right decision for you and your family.

Hillsboro is a seller’s market right now, and that’s good news for those in a position to sell and move on to something else more affordable. You won’t have to worry about making up those missed mortgage payments skipped while in forbearance. 

The bank will get a lump sum at the closure of the sale that will cover whatever you owe. Anything leftover will come to you as cash—of course, after your lender is paid off and some selling costs are covered.

How We Buy Your House

First, You communicate with us.

As soon as we receive your information or phone call, we will get back to you. 

We’ll talk about your property’s conditions and characteristics. We’ll arrange an appointment to see your house physically.

We, Will, Meet You at Your Property.

On the appointment day, together, we will walk your house and will take note of its conditions. You don’t have to worry about repairs or damages on it, missed payments, forbearance plans, or pre-foreclosure situations. We cover all of that. 

After finishing the walk, we will present you with a cash offer for your property.

You are not required to accept our proposal immediately. When it seems appropriate for you, we will sign the contract for the purchase of your home.

We will close when you decide.

It is that easy, we will work according to your schedule, and we will take care of the details and paperwork of the purchase. A well-known local title company will take care of the escrow. After the respective paperwork and contract signatures, you will receive cash for your house.

Are You Selling Your Hillsboro Home? 

We’ll buy it. We pay cash. We close in 7 days. It doesn’t matter if you are facing foreclosure or going through a legal process for being behind on mortgage payments; we can make a win-win offer for your house.

We buy properties in Oregon. We provide a comprehensive service to Hillsboro homeowners. Our process is quick, easy, transparent, and we pay in cash. Contact us.

Although the current good real state conditions and the efforts from the authorities to control the pandemic, many homeowners struggle to comply with their mortgage payments and keep their properties. 

Many may decide to sell the property to minimize damages. Some would list their homes; others would try to sell them by themselves, and others will consider selling to a professional home buyer.

It is crucial to explore the possibilities in detail and take the appropriate decision. Selling your property to us will save you money, time, and a stressful situation.

We don’t depend on lenders or banks to finance our business. We work with our own capital.

We will pay cash for your house. Closing is as short as seven days. Contact us for more information.


Hi, I'm Scott Dalinger a real estate investor in Portland, Oregon. I focus on helping homeowners and rental property owners out of negative situations by offering cash for their property. I research and write about real estate on my business website.

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