Why Home Sellers With No Equity Are Turning to Cash Buyers
Why I turned to a cash buyer when I had no equity Selling a house was supposed to be exciting for me. I thought I would list it, show it around, and walk away with money to start fresh. That is what most people expect when they sell. For me, it was the opposite. So, here I was, staring at my mortgage statement. I had almost no equity. That meant I owed about as much as the house was worth. At times, it was worse; the loan balance actually went higher than the value. That
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