Do You Need to Sell Your House in California?

A death in the family may prompt you to move house. Whether the deceased was the person who was responsible for paying the bulk of the mortgage or the emotional affect the house has on the family after the deceased’s passing leads you to sell, it’s a heartbreaking position to find yourself in.

California law requires the disclosure of deaths that occurred on a property within three years before the sale date. This means that if someone has died in your home, potential buyers have a right to that information. The only exception within the law is an exemption for deaths relating to AIDS, as AIDS is seen as a disability in the state of California.

This can have some upsetting consequences for homeowners. Superstitious buyers are sometimes put off when they learn that someone has died in the home they are about to purchase, and they may not be willing to purchase the home, or may request the price be reduced on the grounds that they consider the death on the property to be a material defect.

This will not be a problem for us and we can help your situation no matter the circumstances. If this is something you don't want to deal with, you can sell us the house so you don't have to deal with it.

Valid financial hardship can help you quickly sell your home. If you can prove to the court that your financial situation cannot be remedied, and that it isn’t the direct result of a voluntary misappropriation of your funds, your lender may be able to legally agree to a short sale if it means circumventing foreclosure.

If you aren’t yet behind on your payments and you’re taking a proactive approach, it’s important to start as soon as you know that your financial situation has become unstable and the outlook for a swift recovery is bleak. The sooner you contact us the sooner we can help you with your situation by purchasing the home and relieving you of your financial obligation.

Nobody wants to get stuck in a bad neighborhood – and this is especially true of families with children. In California, you’ll have to disclose the situation with your neighbors if it’s considered a public nuisance, but not if it’s considered a private nuisance. If you had a personal falling out with your neighbor, that remains your business. If your neighbors are generally loud and disruptive in a way that affects your whole street, you’ll have to disclose that.

A Los Angeles county court case in 1998 set a precedence for this situation. In the case of Shapiro v. Sutherland, the new owner of a property took the former owner of a property to court for minimizing the issues created by a problematic neighbor.

In some situations, bad neighbors can bring down property values. When an entire neighborhood has fallen into a state of disrepair, the value of your home will decrease as a result. If you find that your neighbors have had such a negative impact that your home is now worth less than what you purchased it for, you’re going to need help.

A real estate agent may not be able to solve this issue. If you just want to be done with the property and relieved of the burden of the home, you can sell us the house and we'll handle it for you.

Your lender doesn’t want to go to foreclosure any more than you do. If you believe that foreclosure is becoming inevitable, you may be able to sell your home before the process begins.

In the state of California, judicial foreclosures are fairly uncommon, mostly due to the homeowner protection laws and extensive legal feels involved. Your lender may be able to come to an agreement for a sale price of your home, provided it covers your debt to an amount they deem reasonable.

Hopefully, your job transfer is an exciting opportunity. Before you get to enjoy all of that excitement, you’ll have to tie up some loose ends – one of which is the property you currently own. If you need to sell it fast in order to relocate, you may find that this is a lot more difficult than you had initially thought it would be.

If you can afford to keep up with the mortgage on your property while you’re away, you may be able to sell it remotely. If you can’t, you risk going into foreclosure. If you find you’re missing payments, your lender may agree to short sale and forgive any deficiency left behind. In California, short sale is a final action.

When you work with us however, you can sell us the house, at a price that is fair but slightly below Market, within 7 days or less. This relieves you of the stress of finding a buyer and having to continue to pay the mortgage on a home you're no longer occupying. You can sell quickly, be done with the property in a matter of days and have cash in hand in as little as a few weeks.

Run down homes lose value quickly, and are very difficult to sell. Real estate agents may choose not to take on the sale of a run down home. If you don’t have the money and time required to fix the home, you may have your hands tied.

If the problem goes unchecked long enough, the California Code of Civil Procedure can allow the state government to condemn and take your home through eminent domain.

This is a very complicated procedure, and it’s better to prevent things from getting this far. Before you receive a notice of condemnation, it’s better to unload your home while it’s still salvageable.

A real estate agent is unlikely to want to take the case on. Here at HBUSA we would love to speak with you about your property. We love Fixer-Uppers and would love to make you a fair cash offer for your property.

Bad tenants are bad news. If you want to get them out of your property so you can sell it, you have a few options.

In California, tenants can be served with a three day notice. This is great, but you’re also running the risk that they’ll actually pay up and hang around for another month.

The best way to get rid of these tenants is through careful negotiations, provided you can get them to work and avoid further damage to the property.

The good news is, when working with a company like ours, you can sell us the property and we'll ALSO take over the Tenants so you no longer have to deal with them. You can learn more about how this works by contacting us today.

During a divorce, the house will generally be awarded to the spouse that owns the house if his or her name is the only name on the home loan. If the loan is in both names and both parties want the house, this can come to a dispute.

If neither couple can afford the house on their own, California allows the home to be sold for an agreed upon price, and the profits from the sale are equally divided and distributed between both parties.

If you’ve suddenly learned that you’ll be transferred out of state or overseas, you might find yourself in a bind with your mortgage.

You’re packing up and going away, and you won’t be around to maintain your home or make your payments. If you don’t have time to sell your home through traditional means, you may qualify for the HAFA program, which allows military personnel to work with their lenders for short sale.

If you want a quicker solution, working with Real Estate Investors is an ideal solution to your situation.

In an ideal situation, foreclosure will never come to fruition. Thanks to California’s One Action Rule, a short sale of your home can completely prevent foreclosure, and your lender cannot come after you for any deficit left in the wake of a short sale.

Lenders know that if you’re unable to pay your mortgage, attempting to pay an outstanding debt on top of your new housing costs is unlikely to result in a favorable outcome for either party. Because of this, short sale is a widely utilized alternative.

It’s disheartening to learn that your home didn’t sell on time, and your listing is about to vanish.

This is sometimes due to the low value of a home that doesn’t justify its asking price. If your home is in an unfavorable neighborhood or needs work done, buyers won’t be eager to scoop it up.

Investors, on the other hand, may be willing to lay out some cash to turn your home into something that will be more desirable to buyers in the current market.

If you’re looking to relocate immediately, you may not have time to wait on your home to sell. The market may go up and down, affecting what a reasonable selling price would be. If you’re looking to pick up and go, opting for a fast cash sale is your best option

Selling a fire damaged home seems nearly impossible, if it's on the regular market. A lot of real estate agents won’t even touch properties with significant fire damage, and if they do, they’ll want a lot of commission for handling a complicated case.

Since significant fire damage can reduce the value of a home to a significantly low sum, you don’t want to have to pay out that commission to an Agent. Investors are a much better option in this case, since they’re willing to purchase the property as-is without any fees or commissions. The agreed upon price is what you receive with no strings attached.

If you’ve lost your job, the Keep Your Home California program may be able to help you retain your home, provided you qualify for their mortgage assistance program. If you can’t comply with their terms or won’t be able to keep up with your other expenses, you’ll need to sell the home quickly before you default with your lender.

California courts accept job loss as a legitimate hardship, so detailing your situation in a letter of hardship to the court may encourage your lender to permit a short sale in order to prevent the problem from worsening.

Inheriting a property in California isn’t nearly as much of a tax burden as it can be in other states. You’re locked into the deceased’s property tax rate, meaning you won’t have to pay tremendous taxes while you’re waiting for the home to sell. The way you sell it depends on the value of the home.

If the home is in a desirable area and left in great condition, it may sell quickly through a realtor. If the deceased owner wasn’t able to keep up with the property, it may have incurred some damage that will need to be repaired. If you’re looking for the quickest way out, an investor will take on the burden of repairing the home.

If your home needs repairs to the extent that selling it seems like a better option, you’re probably facing a wealth of issues that will be exorbitantly costly to fix.

If the mortgage is already paid off, it may not be worth the time and investment to handle the repairs yourself. Investors take homes no matter what shape they’re in. They’ll do the dirty work and give you the cash for the opportunity

It’s difficult to sell a home with code violations. If you can’t afford to bring the home up to code yourself, buyers may view the property in a similar light. They want to pay for a house that’s move in ready, with no inherent issues that need addressing.

Lenders may not want to finance the purchase of a home with code violations. Selling your home to someone like an investor who already intends on renovating the property is quicker and simpler than hoping you’ll find the right buyer who will be able to obtain financing for your home.

When settling a divorce or bankruptcy, the California court will not exempt your home as a part of your assets. They may mandate its sale, and they’ll want to do it as quickly as possible.

If you have a large debt to settle, there’s no telling how little it will sell for in an auction. In this scenario, opting for a cash buyer who can work with the court on your behalf may allow you to settle more debt in your attempt to repair your financial situation.