Sale and Purchase

This is pretty straightforward.

Depending on the property and the situation, this is typically the first strategy we attempt. It’s the simplest one, it’s the path of least resistance, and it just makes sense. This strategy works best when the family or individual needs to cash out of the asset as quickly as possible – we’re here to do exactly that. No Realtors, no listings, no “open houses”, no auctions, no commissions, no closing costs on the seller. Just a cash offer, a contract for sale and purchase, and a closing date within 7 to 30 days.

Why?

RealEstateAssetSolutions.com has a parent company that is in the business of buying and holding Real Estate. Therefore, when a property comes along that meets all the criteria and the resources are available, the property can be purchased outright as a cash deal.

Obstacles

Obstacles that commonly occur when pursuing this strategy typically involve title issues. They are usually mortgages, property taxes, or other liens that can be an encumbrance on the title, impeding the sale. In other cases, it can be multiple heirs on a property who live in different parts of the country and are difficult to reach or are in disagreement as to which course to take.

Investopedia explains ‘Encumbrance’

A claim against a property by another party. Encumbrance usually impacts the transferability of the property and can restrict its free use until the encumbrance is removed. The most common instances of an encumbrance occurs in real estate such as an outstanding mortgage or unpaid property taxes. Click here to read more

Why is this important?

This is crucial to our ability to close a deal in the promised time frame. If we are unable to clear the title of all encumbrances in the allotted time, or our legal team determines that this cannot be done in any reasonable amount of time, we immediately shift gears and focus on an alternative strategy, even if it’s only a temporary solution. Staying focused on the main goal, we make every attempt to put cash in our clients’ hands at the time when they need it the most.

If you have a property that needs to be liquidated very quickly, or just want a free consultation, simply fill out the Property Information Profile and a representative will be in contact with you within the next 5 business days.