“I need to sell my house immediately.” A desperate client voice said over the phone on a call we received at our Portland offices.
We are facing challenges that we were not expecting for 2020. Only in the week between April 26 and May 2, the coronavirus epidemic forced 19,600 residents of Oregon to apply for unemployment benefits.
For our client in question, being out of work worsened their financial situation.
After he told us about the unfortunate streak he was going through. We at Better Off Home Buyers suggested he contact his lender to inform them about his problem. And, learn about the current government programs to help homeowners facing mortgage payment problems due to the Covid-19 crisis.
He explained to us, his bank couldn’t offer any solution to his difficulty because he was behind on mortgage payments since 2019.
What We Do At Better Off Home Buyers To Help Desperate Customers In Portland. OR?
We sympathize with our clients and their needs. We believe that if the best help we can give them is to connect them with other sources of information to solve their problems. So we don’t hesitate to do so.
For situations like the one presented to us by our client in the early April phone call.
We are pleased to work our way to find the best solution possible to him.
Based on the information given to us. We concluded that it was necessary to make an appointment to visit the client’s property and explain to him our process. Including all the steps needed plus the benefits for not having to pay paperwork expenses, real estate commissions, or closing costs.
Taking every precaution to prevent the spreading of Coronavirus. Two people from the Better Off Home Buyers team visited the client’s property in Portland.
During the visit to the house. The client told our team that in addition to being behind on the mortgage payments. He was considering filing for Chapter 11 bankruptcy. His marriage was going through a difficult time, and his wife was threatening to file a divorce.
After the Better Off Home Buyers team inspected the property. We decided we would present to him a written purchase offer for his house.
We explained to him that the value of his house would be determined by comparing other similar properties for sale. Listed in the neighborhood real estate market in Portland.
Better Off Home Buyers does not take advantage of anyone’s personal situation. Our mission is to be the solution homeowners need to sell their house.
What We Do After Visiting A Property For Sale And Our Purchase Process In Portland.
Within the next 24 hours of visiting the property for sale. We presented a written offer to the homeowner. Also, we explained to him that Better Off Home Buyers have the cash needed to pay for his house. We don’t depend on banks or lenders. We buy houses in Portland, all Oregon, and the United States territory using our own money.
With the assurance that we would not be rushing or harassing him to make a quick decision. The client spent two days studying our proposal.
We didn’t know that our client had previously communicated with other investors like us in Portland. Also, he explored what would happen when hiring a real estate agent to help him selling the property.
5 days after our initial contact, we heard from our client again. He told us that he was ready to go ahead. He was willing to proceed with the sale of his house.
Our team went to work immediately and ten days later we were signing the documentation and delivering the money corresponding to the purchase of our client’s house.
Once we closed the deal, the client told us that by comparing proposals. He found our offer to be the fairest one received.
He told us he had been rejected by real estate agents he contacted when they found out about the problems he was going through. One of the agents suggested that better he do nothing and wait until his bank filed a foreclosure.
All of us face tough situations at some point in life. Today in Portland and in the world as well, we have been fronting the Coronavirus crisis, unemployment, fear of the pandemic, the pain of a divorce. But the solution to all adversities is just to take action.
At Better Off Home Buyer we are happy because we were the solution for our client’s real estate problem. The Client on this story contacted us, so we were able to buy the house he urgently needed to sell in Portland.