Evaluate your options
Now that you understand your situation, we look at the real numbers and your options, so you can compare the real cost of saving or selling before you make a financial decision.
More than just the value of your home.
Evaluation is designed to give you a realistic picture of where you stand, and of what each option could actually look like.
Redemption payoff
What's actually needed to reinstate the mortgage or redeem the property?
Monthly budget
Is keeping the home financially realistic going forward?
Estimated repairs
What work may be needed, and how would it affect the price if you sell?
Cash or investor value
What might an investor realistically pay for the property?
Retail market value
What might the property sell for on the open market, as is?
Selling costs
What expenses may come with each type of sale?
Estimated net proceeds
About how much could you keep after each type of sale?
Your timeline
How much time do you have to realistically complete your plan?
Start with your monthly budget. It's free and anonymous.
Let the numbers help you decide.
Based on your timeline, saving the home may be both possible and financially realistic. For others, selling may protect equity that could otherwise be lost.
If selling becomes the best option, there's still another important comparison to make: an investor sale or a retail sale?
Investor sale
A cash or investor sale may offer speed and convenience. It's often marketed as a “cash offer.”
Retail sale
A retail sale may take more time, but it could bring a higher sale price and more equity for you to keep.
Both kinds of sale price depend on your timeline, the condition and updates of the property, and the market.
Evaluation isn't about choosing for you. It's about giving you the information you need to compare your choices yourself.
Know your numbers before you decide
- A lower payment, like a loan modification or forbearance, doesn't mean the home is affordable.
- A cash offer isn't necessarily the best offer.
- A cash offer doesn't necessarily mean your home will close in time.
- A cash offer isn't always a low offer.
- A cash offer doesn't mean the “buyer” is the actual buyer.
- A retail offer will often mean more money in your pocket.
We look at your complete picture, so you can compare the real financial options available to you.
Step 3: Execution
Once you've compared your options and made your decision, Execution turns it into specific next steps, and we help you get them done within your timeline.
Get your free evaluation
Let's look at the numbers and compare your options. No pressure, no obligation, no cost.
The 3e System™ from Save Or Sell My Home · Brokered by Reality Real Estate Professionals · Saving homes since 2007
Prefer email? Support@The3eSystem.com
Consulting only. This is not legal, tax, or financial advice. Foreclosure and redemption rules vary, so speak with a licensed attorney about your specific situation.