I Need To Sell My House Fast – We Buy Houses Quickly

I Need To Sell My House Fast – Sell to Us. We Buy Houses, Townhomes and Condos Quickly in Any Situation

You may realize – “I need to sell my house fast”.  Our Company, GVC Property Solutions Inc. (GVCPS), is a well-established Real Estate Investment Company. We are ‘Sell my house fast’ real estate investors that buy houses, townhomes and condos quickly anywhere in Vancouver, BC, the Lower Mainland and the Fraser Valley, BC

Our staff and business associates have extensive hands-on experience in all areas of real estate ranging from legal, financial advisors, mortgage advisors and financial investors. People often tell us – I need to sell my house fast. We offer a professional and discrete house selling solution. You can sell your house to us if that is the best solution for your situation. Contact us for Free consultation. Office: 604-812-3718 Email: info@gvcps.ca

There Are Many Common Reasons Why People Want to Sell a House Fast:


  • Financial stress that requires an immediate sale of your property
  • You have a house that is too stressful to manage
  • Those with special circumstances – serious house damage, hoarder situation, etc.
  • You have minimal equity but need to sell now
  • You have a house that is too costly to maintain
  • You are making payments on two or more properties
  • You need an immediate and flexible sale due to a job transfer or for any other reason
  • The property is in PRE foreclosure
  • You want to avoid bankruptcy or a consumer proposal
  • You are tired of being a landlord and dealing with landlord tenant disputes, tenancy issues and tenant problems
  • Your listing has expired with your realtor
  • You are divorcing and need to sell
  • You prefer not to sell through a realtor and be inconvenienced with realtor showings
  • You need relief from your mortgage or property situation for any reason

We Buy Houses Quickly That Are In Any Condition and Situation

We buy houses in any condition.  If the property requires extensive repairs, it does not matter, we can still buy the property – contact us to make an offer to purchase your house, townhome or condo. When we purchase houses as-is, all that is required from you is to move all personal items and furniture out of the property before the closing date. There are no repairs required on your end and it does not matter if the property requires extensive repairs – we buy houses, townhomes and condos in their current condition as-is.

How do we determine the value of the property? We will perform a Comparative Market Analysis (CMA), for the property – we look at any recent appraisals for the property, comparable properties that have been sold in the neighborhood, renovations that have been completed and any repairs that are required.

When you need to sell your house fast, contact us, Our Company is part of a large network of professionals who specialize in creative real estate solutions for people who are experiencing difficulty making their mortgage payments each month, experiencing difficulty selling through traditional means or when you just want out of your real estate situation for any reason.

Some of our business associates have been doing this business for well over 35 years buying residential and commercial real estate in Vancouver, BC and surrounding areas. We also do not charge any real estate fees or commissions, saving you thousands of dollars. Our Real Estate Investment Company has the ability to make a difficult situation very simple.

When you say – I need to sell my house fast, we make it a priority to reduce and eliminate that stress. We have handled hundreds of purchase situations, helping clients facilitate a non-stressful real estate transaction that benefit all parties involved. Contact us for Free consultation to discuss different options that we can provide to your situation. Office: 604-812-3718 Email: info@gvcps.ca 

I need to sell my house fast. Who buys houses quickly in the Lower Mainland, BC and Fraser Valley, BC?

Our Company, GVC Property Solutions Inc. (GVCPS), is a real estate investment Company that buys houses quickly. We also buy duplexes, townhomes, condos and multi-family residential projects.  We are ‘sell my house fast’ real estate investors that specialize in buying houses, townhomes or condos quickly that are any price, in any condition, in any situation and in any location of Vancouver, BC, the Lower Mainland and Fraser Valley, BC.

For more information regarding our sell my house-buying service, enter your information online through our confidential form. We will contact you within 48 hours to provide Free consultation to discuss the different options that are available to your situation.

People often tell us – I need to sell my house fast. We buy homes for cash or terms and you can sell your house quickly to us if that is the best solution for your situation. After we provide you with all of the options available to your situation, you decide if selling your house to our Company is the right option for you and your needs.

When you need to sell your house, contact us. We are the people who buy houses, townhomes and condos in Vancouver, BC, the Lower Mainland and the Fraser Valley, BC. We are part of a large network of real estate professionals who specialize in purchasing property from people who are experiencing difficulty making their mortgage payments, who are experiencing difficulty selling or who just want out of their real estate situation for any reason. By working together, we can help you come up with a plan and create a solution that works for everyone.

Are You Looking for Home Investors? We Buy Houses Fast

Our Company, GVCPS, is a real estate investment company that buys houses, condos and townhomes in Vancouver, BC, the Lower Mainland and the Fraser Valley, BC. If you are a homeowner and you need to sell your house, townhome or condo quickly, our Company can buy your property regardless of your situation or the current real estate market conditions. 

We buy houses, townhomes and condos in any price range. We provide you with professional and customized solutions to any house selling problem that you are facing. We know the stress and hassles that you face when you need to sell your property but cannot sell through traditional methods, when you cannot pay your mortgage payments, or when you just want out of your real estate situation for any reason.

Our job is to provide you with immediate financial relief and peace of mind regarding your real estate situation and we have earned a reputation for fair dealing with 25 years of experience.

If you are looking for home investors to buy your house fast, contact us. GVCPS Home Investors are in the business of buying houses, townhomes and condos and we are property investors who will buy homes in any condition, in any situation, in any price range and any location of Vancouver, BC, the Lower Mainland and the Fraser Valley, BC.

The advantage of selling your house, townhome or condo to a home investor is that – Investors often buy in cash and are ready to close immediately, which is a huge advantage if you are looking to sell quickly. When selling property through traditional methods with a regular buyer, typically the buyer will need to wait to be approved for bank financing. This delay can slow down the closing process and you may have to wait longer to complete the transaction or the deal may collapse altogether if the potential buyer can not get approved for mortgage financing. We utilize our own private funds to purchase houses, townhomes and condos and we do not need to rely on bank financing.

GVCPS Home Investors buy homes in any area of Vancouver, BC, the Lower Mainland and Fraser Valley, BC.  We purchase houses, townhomes and condos that are located in any neighbourhood of the Lower Mainland or the Fraser Valley.

GVCPS Home Investors purchase houses, townhomes and condos in any condition. Regardless if the property is newly built or if the property requires extensive repairs, we can purchase the property in its’  “as-is” condition.

If the property has roofing, plumbing or electrical problems, has been damaged or has code violations, we can still purchase the property. We can buy the property if you have pest infestations, fire damage or mold issues. We can also invest in the property if it’s currently condemned.

GVCPS Home Investors can close the transaction quickly. If you find that you need to sell immediately, we can get the process started quickly.

GVCPS, Home Investors also purchase rental properties. If you are a landlord that no longer wants to keep your rental properties, you can sell them directly and privately to us. Regardless if the property is occupied by problem tenants or is vacant, we can buy the property.

If you have already listed your property with a realtor, this is not an issue, we can still buy your house, townhome or condo in this situation.

We also buy houses, townhomes and condos that are in PRE foreclosure situations. Regardless of your current financial situation, if you are experiencing difficulty making your mortgage payments, through our Mortgage Takeover Program, we take over mortgage payments and the property associated with the mortgage. Our Mortgage Takeover Program provides you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity that you may have in the property and protecting your credit.

I Am Looking For An Investor To Buy My House. Contact Us, We Buy Houses

If you are looking for an investor to buy your house; contact our Company, GVC Property Solutions Inc. (GVCPS), We are a well-established real estate investment company that buys houses, townhomes and condos in any condition and in any situation in Vancouver, BC, the Lower Mainland and Fraser Valley, BC.

In today’s challenging real estate market, selling a house, townhome or condo is not an easy process and we understand the financial stress and other difficulties that you face. Our job is to provide you with alternatives to the traditional way of selling your house. We have handled hundreds of purchase situations, helping clients facilitate a non-stressful real estate transaction that benefit all parties involved.

Regardless of your real estate situation, our professional real estate investors are available to discuss your situation, provide immediate solutions and make you a no-obligation offer to purchase your property.

Selling through traditional methods on MLS can take a few weeks or more to prepare the property for evaluation from a realtor and get the property ready for showing plus another several weeks of semi-interested buyers looking through the property without making any offers to buy the property. In situations like this, it may seem like the property will never sell. This uncertainty can cause alot of pressure that can leave you in a vulnerable mind set, perhaps causing you to miscalculate and make bad decisions that may effect you not only financially but emotionally as well.

Selling your house to our Company does not involve a realtor and we do not charge real estate commissions. We also do not need to go through the mortgage qualifying process through the bank. We utilize our own investment funds to purchase houses, townhomes and condos. Our Company performs hassle free, straight-forward purchase transactions to buy your property.

If we sound like a different home buyer – we are. We are real estate investors who buy houses in any condition. We have earned a reputation for fair dealing with 25 years of experience, providing clients with immediate financial relief and peace of mind regarding their real estate situation.

If you are looking for an investor to buy your house; you may be wondering – Is it possible to find an investor to buy my house for cash and where am I guaranteed to find investors looking to buy my house? Where can I find an investor to buy my house for cash or terms?

If you are looking for an investor to buy your house, the following resources are the easiest way to access an investor:

Online:  You can easily find an investor to buy your house by browsing online in the comfort of your living room.

Local Newspaper Ads: You can find an investor to buy your house in your local newspaper.  Investors that buy houses in the city or neighbourhood that you need to sell in, usually post adds in the Real Estate Wanted section of your local newspaper. Look for adds that say “We Buy Houses for Cash” or “We Buy Houses for Terms”.

Real Estate Investment Companies: Real Estate Investment Companies specialize in buying houses, townhomes and condos. Investors that buy residential property usually own their own Real Estate Investment Company.

If you are looking for an investor to buy your house, contact our Company, GVC Property Solutions Inc. (GVCPS). We are a Real Estate Investment Company that buys houses, duplexes, townhomes and condos that are any price, in any situation, in any condition and in any location of Vancouver, BC, the Lower Mainland and Fraser Valley, BC.

Contact us to discuss what solutions we can provide to your real estate situation.  We provide free consultation to discuss the different methods that we can utilize to buy your house, townhome or condo.

Mortgage Payment Problems? We Assume Mortgage Payments

An assumable mortgage is a type of financing arrangement where an outstanding mortgage debt and it’s terms are transferred from the current mortgage holder to a buyer. Our Company, GVCPS, is a Real Estate Investment Company that specializes in assuming mortgage debt and mortgage payments from mortgage holders. We are Assuming Mortgage Payment Experts that can help you if you are experiencing difficulty with your mortgage payments in Vancouver, BC, the Lower Mainland, Fraser Valley, BC.

WE ASSUME MORTGAGE PAYMENTS AND THE PROPERTY

If you need relief from unmanageable or unwanted mortgage payments, we can assume your mortgage payments and take over the property associated with it. In most cases, we take over the entire mortgage payment as well as all of your other monthly financial obligations regarding the property on your behalf that may include; property taxes, property insurance, monthly strata fees as well as any repair or maintenance costs. Through our Mortgage Take Over Program, you are provided with immediate monthly cash flow management solutions to your mortgage payments and mortgage debt.

Talk to our mortgage experts, it is important to understand that a mortgage that has been assumed by a third party does not mean that you, the original mortgage holder, are not still responsible for the mortgage debt and the mortgage payments. You may still may be held liable for the mortgage debt and payments, which, in turn, could affect your credit rating. To avoid this, you must release your liability in writing at the time of the mortgage assumption and the lender must approve the release request by releasing you from all liabilities in regards to the mortgage loan.  Our well established mortgage experts can help you to ensure that the process is performed correctly with your mortgage lender.

An assumable mortgage transaction is where the lender will allow our Company to take over or “assume” your mortgage without changing any of the terms of the mortgage. An assumable mortgage allows us to assume your current principal balance, interest rate, repayment period and any other contractual terms of the mortgage.

When we assume mortgage payments, you are provided with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit. If you are in a situation where our Company assuming mortgage payments will provide you with solutions, our mortgage experts will review your original mortgage documents to ensure that your mortgage debt is assumable. We will discuss assuming your mortgage debt with your mortgage lender in detail and also provide you with further support throughout the remaining assuming mortgage payment process.

Some mortgage lenders have option clauses in their mortgage contracts that expressly forbid assumptions of the mortgage, or, the mortgage contract specifies that the mortgage must be paid out on the sale of the property. If this is the case with your mortgage loan, we can still provide you with solutions to your mortgage debt and your mortgage payments even if your mortgage is not assumable.

When we assume mortgage payments, our mortgage experts will consider the following:

  • Compare interest rates: It may make financial sense to assume the existing loan at a lower interest rate than the current rate.
  • Compare loan fees: Lenders are required to give borrowers a loan estimate, which is an estimate of closing costs which consists of all the costs associated with obtaining a mortgage. We will help you with the loan assumption fees.
  • Obtain a copy of the property title and copy of the mortgage agreement: We will verify if there are any other charges registered against the property and verify if the mortgage debt is truly assumable, if the mortgage debt is not assumable, we can still provide you with alternative solutions to your mortgage debt and mortgage payments.

We know the real estate and mortgage industry. If you are facing  difficulties paying your mortgage payments each month, we can offer immediate and professional solutions to your situation. Contact us today 604-812-3718 or info@gvcps.ca.

If you need relief from unmanageable or unwanted mortgage payments, we can assume your mortgage payments and take over the property associated with it. Our Company, GVCPS, is a Real Estate Investment Company that specializes in assuming mortgage debt and mortgage payments from mortgage holders.

When we assume mortgage payments, you are provided with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.

If you are in a situation where our Company assuming mortgage payments will provide you with solutions, our mortgage experts will discuss assuming your mortgage debt with your mortgage lender in detail and also provide you with further support throughout the remaining assuming mortgage payment process.

ARE YOU FACING MORTGAGE PAYMENT PROBLEMS?

If you are facing mortgage payment problems, ensure that your mortgage lender is abiding by your mortgage contract in regards to charging you late fees, penalty fees and higher interest rates on your mortgage payment arrears.

If you are experiencing mortgage payment problems, it can be an overwhelming experience, leaving you feeling uncomfortable and unsure of what to do. When unforeseen financial circumstances impact your ability to make regular mortgage payments, it’s important for you to take quick action. A wider variety of solutions will be available to you the sooner you act.

To increase the chance of successfully managing your financial situation through early intervention, call your mortgage lender at the first sign of financial difficulty. Ask your mortgage lender about information on the options available for managing your financial situation.

If you are having trouble making your mortgage payments each month, defaulting on your mortgage may add to the cost of various fees imposed by your mortgage lender on the amount that you already owe, depending on your mortgage contract.

Section 8 of the Federal Interest Act is intended to protect property owners against abusive lending practices, while recognizing that generally speaking, parties are entitled to freedom of contract. The prohibition against extra charges on arrears remains in place for loans secured by a mortgage.

While the Interest Act provides some protection for consumers with regard to interest and prepayment charges, banks have taken advantage of loopholes and gaps in the law to the detriment of consumers, which has resulted in an unregulated system. In 2010, the federal government’s budget included a promise to bring clarity to the subject of mortgage penalties. Despite the promises made by the federal government in the 2010 budget, still no progress has been made.

The federal Interest Act which prohibits any fine, penalty or an interest rate in a mortgage that has the effect of increasing the charge on arrears higher than the mortgage rate which would apply if the borrower was in good standing.

If you are experiencing mortgage payment problems and are facing foreclosure, be sure to review the fees and charges that are being charged to your account by your mortgage lender as they may not be enforceable.

Our Company buys houses, townhomes and condos. We understand the stress and hassles that you face when you are experiencing unmanageable or unwanted mortgage payments, experiencing difficulty selling your property through traditional methods or when you just need relief from your property situation for any reason. We specialize in providing you with immediate monthly cash flow management solutions if you are experiencing difficulty making your mortgage payments each month to ensure that any equity you may have in the property is protected along with your credit. Contact us today 604-812-3718 or www.gvcps.ca.

Residential Property Management Services You Can Count On

 

Do You Need Residential Property Management Services? Ask Us

When a property owner lives far away from their investment, residential property management is useful. Residential property management services are an excellent way to ensure an income-producing property is earning its maximum revenue at the lowest cost or helping a property owner to turn a negative cash flow property into a positive cash flow investment.

Saving you time and worry over vacancies and marketing your rentals, we take residential property management to a whole new level. Our residential property management company interacts directly with potential tenants and existing tenants, by collection rent, handling maintenance and repair issues, responding to tenant complaints, and pursuing tenant evictions.

Our Residential Property Management Services Increase the Value of the Investment Property:

By taking preventative measures, our residential property management team at GVCPS deal with maintenance and repair issues immediately, before they grow into larger, more costly problems. We achieve this by putting systems in place where we require a written maintenance check program, detailed maintenance documentation and regular maintenance visits. We offer you feedback on upgrades and modifications and explain to you how it affects any rent changes and also its impact on insurance.

Here’s a sample of what we can do for you:

  • Maximize the net income of your property
  • Advertise your property across multiple platforms
  • Low eviction risk with professional tenant screening
  • Negotiate leases
  • Collect rent
  • Maintain the interior and exterior of the property
  • Supervise disbursements
  • Screen contractors
  • Manage landlord and tenant relations
  • Conduct regular inspections of your property
  • Manage safety and environmental issues
  • Email monthly reports

The greatest benefit we offer is peace of mind. Many of our owner clients find managing their own investment property to be challenging. It’s easy to become personally and emotionally involved with the property and the tenants. We help you see your rental property as a business and instead of becoming emotionally involved, we implement consistent procedures that ensure your business is run efficiently and profitably.

Our highly qualified property management professionals will take the frustrations of being a landlord off your hands. You’ll find our management fee usually pays for itself when we are able to increase your property’s income potential and cash flow, reduce maintenance expenses and protect you from legal and liability issues.

Ugly Home Buyers – We Buy Homes in Any Condition

Ugly Home Buyers – We Buy Houses, Townhomes and Condos “As-Is” That Are In Any Condition

An “Ugly House” is a term that is used by real estate investors when a property has physical damage and the property is in need of major to extensive repair. If your house, condo or townhome requires extensive repair or if your kitchen came directly from a 1960’s shopping catalog and you need to sell quickly or if you just need to get out of whatever property situation you are in, contact our Company, GVCPS. We are ugly home buyers and we buy houses, condos and townhomes that are in any condition and in any situation in Vancouver, BC, the Lower Mainland and Fraser Valley, BC.

If you are in a situation where you don’t have the time or money to get your house ready to sell with or without a realtor, we can help. Our home investors at GVCPS can buy your house in whatever condition it’s in. Having to spend time and money on minimal to extensive house repairs can happen to anyone.

GVCPS, ugly home buyers will buy your house, townhome or condo if you are facing one or more of the following difficulties: 

  • In order to sell your house with or without a realtor, your property requires extensive repair that you do not have time or money for
  • You have a house that is too costly to maintain
  • You have a house that is too stressful to manage
  • You are tired of being a landlord and dealing with landlord tenant disputes, tenancy issues and tenant problems
  • You are having difficulty making your mortgage payments each month
  • You are making payments on two or more properties
  • Financial stress that requires an immediate sale of your property
  • You need relief from your mortgage or property situation for any reason
  • You have minimal equity but need to sell now
  • You need to rent a dumpster just to clean out the house and no one will buy it in it’s current condition
  • Your mortgage is higher than the property value
  • You need an immediate and flexible sale due to a job transfer or for any other reason
  • Your property has been listed with a realtor for many months and hasn’t sold
  • You are facing PRE foreclosure
  • You want to avoid bankruptcy or a consumer proposal
  • You are an out of town owner and you don’t want to be a long distance landlord
  • You are divorcing and need to sell
  • Your listing has expired with your realtor
  • You have a costly mortgage penalty but need to sell now
  • Your house is too big or too small and you need a convenient and flexible solution
  • Your strata property has Rental Restrictions and you are experiencing difficulty selling while paying mortgage payments on a vacant property
  • You prefer not to sell through a realtor and be inconvenienced with realtor showings
  • You are anxious to move to another property and do not want to list your property on MLS
  • You own your property free and clear and would like to acquire some of your equity now and the remainder of your equity at closing
  • You just want out of your current mortgage and property situation now
  • You have a vacant property and the liability of this house sitting vacant is too much risk
  • You have been avoiding selling due to one or more of the above problems

We are ugly home buyers and we specialize in purchasing ugly homes from motivated home sellers who want to sell their property quickly. Are you wondering how you can move on from your current property situation without worrying about a long list of repairs or renovations or paying thousands of dollars out of your pocket to fix each problem? What happens if you’re unwilling or unable to make your property repairs and improvements and wait months for a buyer on MLS?

It’s important to find an alternative solution.

Not everyone is capable of putting tens of thousands of dollars into repairs for an ugly home. Renovating an ugly home involves alot of risk and you may not get the money back that you spend out of pocket on repairs or renovations if the real estate market is not in your favor when you attempt to sell the property. What can you do to gain some freedom from the stress of an ugly house?

When you are ready to move on from an ugly house situation and you can’t wait for the traditional sales process on MLS, contact a company that buys ugly houses. Our company purchases houses that are ugly with flexibility and convenience so you can move on from your situation. with peace of mind.

We are ugly home buyers that specialize in buying houses quickly. Our job is to provide you with immediate relief and peace of mind regarding your property situation. Our ugly home buyers team at GVCPS buys houses for cash or terms and we also take over mortgage payments and the property associated with it. We buy any property type – we buy houses, duplexes, townhomes, condos and multi-family development projects that are any price, in any condition and in any location in Vancouver, BC, the Lower Mainland, Fraser Valley, North Vancouver, West Vancouver and Squamish, BC.

 

How Can I Sell My House Fast? We Buy Houses Quickly

 

How Do I Sell My House Fast? Contact Us. We Buy Houses Quickly

Our Company, GVC Property Solutions Inc. (GVCPS), is a Real Estate Investment Company that buys houses quickly. If you are one of the many people searching for “I Need To Sell My House Fast”, contact us. We are professional home buyers and we buy houses from homeowners every day who are looking for the best option to sell a house fast.

Our Company is part of a large network of real estate professionals who specialize in creative and innovative techniques to purchase property from people who need to sell their house quickly for any reason but cannot sell through traditional means.

Along with our affiliated Companies, we have been operating for 25 years, buying houses, duplexes, townhomes, condos and multi-family residential development projects that are any price, in any condition and in any location in Vancouver BC, the Lower Mainland and Fraser Valley BC.

We are not realtors or mortgage brokers – we are a Real Estate Investment Company that buy houses quickly ‘as is/where is’, with flexibility and convenience so you can move on. If you are facing one or more of the following difficulties, our Company can offer an immediate, professional and convenient solution:

  • Financial stress that requires an immediate sale of your property
  • You need relief from your mortgage or property situation for any reason
  • You have minimal equity but need to sell now
  • Your mortgage is higher than the property value
  • You need an immediate and flexible sale due to a job transfer or for any other reason
  • Your property has been listed with a Realtor for many months and hasn’t sold
  • You have a house that is too costly to maintain
  • You have a house that is too stressful to manage
  • You are tired of being a landlord and dealing with landlord tenant disputes, tenancy issues and tenant problems
  • You are having difficulty making your mortgage payments each month
  • You are making payments on two or more properties
  • You are facing PRE foreclosure
  • You want to avoid bankruptcy or a consumer proposal
  • You are an out of town owner and you don’t want to be a long distance landlord
  • Your property is in need of extensive repair that you do not have time or money for
  • You are divorcing and need to sell

Sell your house fast that is causing you financial stress:

When you sell your house to us, you are provided with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.

Are you tired of being a landlord and dealing with landlord/tenant disputes? Sell your rental house:

Sell your rental house fast without having to worry about intrusive inspections. Sell your rental property to us without having to disturb your tenants.

Sell my house fast that requires extensive repair:

You can sell your house to us even if the property requires extensive repairs. We buy houses that are in any condition.  If your house, condo or townhome requires extensive repair and you need to sell quickly or if you just need to get out of whatever property situation you are in, contact us.

At GVCPS Inc., our process is simple. You tell us your situation and we provide an immediate solution that works for everyone involved. You can sell your house quickly to our Company as we utilize our own investment funds to buy property and we do not need to wait for or rely on bank financing.

Contact us to discuss what solutions we can provide to your real estate situation. We provide free consultation to discuss the different options that are available to you. Office: 604-812-3718 Email: info@gvcps.ca Website: www.gvcps.ca

Bankruptcy Options And Alternatives

Bankruptcy may be the only thing that comes to mind when you realize that you can’t afford to pay your debts, your mortgage payments and other bills. You may think that bankruptcy might be a good solution for your debt problems, however, you should know more about your bankruptcy options before taking such a drastic step – what are bankruptcy options?, how much will it cost to file for bankruptcy? how does the process work? and what are the consequences of filing for bankruptcy for me and my family in the future?

If you are experiencing financial difficulties and having problems paying your mortgage payments each month or if you have fallen behind on your mortgage payments and are facing Pre-Foreclosure, our Company, GVCPS, can help you with your debt to avoid a possible bankruptcy by showing you your other options first.

We are a Real Estate Investment Company that can provide you with bankruptcy alternatives and options. We can provide you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit. Our focus is to help you eliminate insurmountable debt and stress. We can help get your mortgage payments back on track or if your lender has issued you a demand letter for your missed mortgage payments, we can help reinstate your mortgage and bring the mortgage back into good standing if you act within the time limits that your lender has provided in their demand letter. If you ignore the demand letter from your lender, your lender will have no choice but to start the formal foreclosure process against you.

It may feel as though bankruptcy is your only option to solve your mortgage difficulties and other debt, however, many people do not explore alternative bankruptcy options first before filing for bankruptcy. More often than not, declaring bankruptcy isn’t a very wise financial decision. You should never take a step as serious as filing for bankruptcy without an accurate understanding of its true costs – some of which will include:

  1. Filing for bankruptcy is a very costly and time consuming process
  2. Your lender won’t allow you to renew your mortgage
  3. Your credit will be damaged severely when you file for bankruptcy
  4. Your credit will suffer for seven years (and in some cases up to 14) after a bankruptcy is discharged
  5. It will be difficult to get new credit cards and loans including a mortgage loan
  6. It will be difficult to obtain the most affordable mortgage, rent and interest rate on credit products, impacting your financial plans and putting your life on hold
  7. A bankruptcy will also force you to surrender a great deal of your property and other assets. Unless other arrangements are made, you will have to surrender:
  • home equity in excess of $12,000 in Vancouver, BC and Victoria, BC and $9,000 elsewhere in British Columbia
  • vehicle equity in excess of $5,000
  • the value of household items such as furniture minus $4,000
  • equity in tools of your trade worth over $10,000

We can provide you various bankruptcy options and alternatives. Contact us for Free consultation. Office: 604-812-378 or Email: info@gvcps.ca.

Explore Bankruptcy Options and Alternatives and Be Aware of the Following Bankruptcy Facts:

If you have assets or too much equity in your property, above what you’re allowed to keep in BC, your trustee will sell your property and your assets. It’s not well known, but it takes at least 9 months to go through all the steps of the bankruptcy process. As part of the process, you make payments to your trustee for the costs and fees of going bankrupt, and you also have to attend two bankruptcy counselling sessions. Completing the process and getting discharged takes longer if you need to pay extra to your creditors because of your situation.

You should also know that your bankruptcy trustee, your creditors, the Office of the Superintendent of Bankruptcy or the Court can oppose or delay your discharge. Depending on your circumstances, you may need to attend a hearing, answer questions under oath and/or meet the additional requirements to obtain your discharge from bankruptcy.

There are many bankruptcy options and bankruptcy alternatives available. Contact us to provide you with bankruptcy options and alternatives to you situation. We specialize in helping clients protect equity in their property as well as protecting their credit.

References:
Debt.ca
Credit Counseling Society of Vancouver, BC

Do You Need Foreclosure Prevention Assistance? We Can Help. Contact Us

 

Do You Need Foreclosure Prevention Assistance? We Can Help Prevent Foreclosure

Do You Need Help Avoiding Foreclosure?                

Have you missed payments on your mortgage loan? Are you facing foreclosure? You’re not alone and you may still have options. If you’re looking into how to avoid foreclosure, contact our Company, GVCPS.

We specialize in providing immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit. Unexpected financial circumstances can happen to anyone and we can can help you prevent foreclosure.

When you default (don’t make a payment) on your mortgage, you don’t automatically lose the property. If you miss a payment, your mortgage lender has the right to accelerate (speed up) the mortgage contract (terms of the mortgage).

This allows your lender to claim the full mortgage balance you owe plus interest and other costs, even though the mortgage term hasn’t yet expired. Your lender can use the legal process of foreclosure to repossess (take back) the property or sell the property to pay the mortgage debt.

As soon as you miss a payment, most lenders act quickly. They often send a reminder letter first. If they don’t hear from you or if your lender doesn’t receive your missed payment(s), your lender’s next step is to send you a demand letter. In BC, your lender or their lawyer must send you a demand letter before starting foreclosure proceedings.

If you have  received a demand letter and are facing foreclosure or if you are having difficulty making your payments, we can provide immediate solutions. Here are some ways we can help:

  • Our mortgage professionals understand the stress and hassles that you face when you are experiencing difficulty making your mortgage payments. We can help you get your payments back on track and to find a solution with your mortgage lender.
  • We can provide you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.
  • We can help you reinstate the mortgage and bring your mortgage back into good standing with your lender.

Facing foreclosure can be an overwhelming experience leaving you feeling uncomfortable and unsure of what to do. You don’t have to face foreclosure alone. We have been providing foreclosure prevention solutions to clients for 25 years.

If you need to avoid foreclosure, we take over house payments and the property associated with it. We provide flexible, pre-negotiated Terms that can give you the best value for your property and can provide you with more money with none of the hassles normally involved in selling.

In most cases, we take over the entire mortgage payment as well as all of your other monthly financial obligations regarding the property on your behalf that may include; property taxes, property insurance, monthly strata fees as well as any repair or maintenance costs.

Prevent Foreclosure Proceedings Going to Supreme Court

If you don’t do what the demand letter asks, your lender can start foreclosure proceedings in BC Supreme Court by filing a petition against you. You may want to just ignore the demand letter, but be sure you know what the consequences are first. Doing nothing has serious consequences. Your mortgage lender can use the legal process of foreclosure to repossess (take back) the property to sell the property to pay off your mortgage debt.

The longer you wait to take action if you are having problems making your mortgage payments or if you have already missed a payment, the less options you will have available to you to prevent foreclosure.

How the Supreme Court Action Starts Against You with Foreclosure

  1. If you can’t reinstate or redeem your mortgage, your lender can start a court
    action to foreclose on your mortgage. This usually happens after you’ve missed
    three months of payments, however, it can happen sooner.
  2. To start the court action, your lender’s lawyer files a petition in a Supreme
    Court registry and registers a certificate of pending litigation in the land title
    office. If the property is located where there is a Supreme Court registry, your
    lender’s lawyer must file the petition in the local registry, unless you agree to
    a different court registry.
  3. If this isn’t the case, they must still file at a registry within the local judicial
    district. This is called the local venue rule. This rule prevents, for example,
    Vancouver-based lawyers from starting foreclosure actions in Vancouver when
    the property is in Kelowna or Prince George, without your consent.

The petition in foreclosure proceedings contains a list of what your lender wants the court to do, including:

  • Confirm that the mortgage and the debt exist.
  • Confirm the amount you owe, including principal plus daily interest, legal
    costs, and other costs.
  • Set the length of time you have to redeem your mortgage.
  • Grant a personal judgment for the mortgage debt (and in some cases
    unsecured debt that you may owe) against you and any guarantors.
  • If there’s a dispute over how much you owe, refer the file to a registrar
    (court official) for an accounting (calculation backed up with evidence).
  • In some circumstances, give your lender control of your property’s sale.
  • In some cases, request an Order Absolute instead of a redemption period and Order for Conduct of Sale.

If the court grants the Order Absolute, your lender takes title to the property and everyone living there must immediately move out.

If you are behind on your mortgage payments or if you are facing foreclosure, contact us to help you prevent foreclosure. We provide free consultation to discuss the different options that are available to you. We have solutions for foreclosure prevention.

In every case, the options available to you will depend upon your individual circumstances and it’s important for you to take quick action to avoid foreclosure. To increase the chance of successfully managing your financial situation through early intervention and preventing foreclosure, contact us at the first sign of financial difficulty.

Prevent Your Lender Selling the House Through Foreclosure 

At any stage before the court approves the sale of the property, or grants
your lender an Order Absolute you can stop a foreclosure by either reinstating or redeeming your mortgage.

Reinstate the mortgage

If you can come up with at least your missed payments, you may be able to have your mortgage reinstated. This means that you pay the arrears and then start your payments again. To reinstate, you have to pay any unpaid taxes, and you may have to pay a legal fee to cover the foreclosure action started against you. Your lender doesn’t have to allow reinstatement unless you get a court order.

Redeem your mortgage

If you can pay your lender in full what you owe on the mortgage, inform your lender right away. For example, you might arrange to sell the property yourself if your lender doesn’t have an Order for Conduct of Sale. Or you’ve arranged a new mortgage to pay off the old one. You have to provide one or more of the following as proof that you can pay off the mortgage:

A letter from a new lender saying the money is available to you
A letter from your banker saying the money is in a trust account
A letter from your lawyer saying the money is in the lawyer’s trust account

If you have the money and your lender doesn’t accept your offer to reinstate or redeem your mortgage, it may be possible to go to court and ask to stop the foreclosure. You need to give the court proof (written evidence) that you have the money.

Stop the foreclosure procedure prior to the foreclosure proceeding going to Supreme Court. If you are facing foreclosure you can receive free, confidential counseling from our foreclosure prevention team 604-812-3718 or info@gvcps.ca.

Do You Need Foreclosure Prevention Solutions?

The possibility of facing foreclosure can be an overwhelming experience leaving you feeling uncomfortable and unsure of what to do. You don’t have to face foreclosure alone.

If you require foreclosure prevention assistance for a house, duplex, townhome or condo, we can help you prevent foreclosure, get your payments back on track and remain in good standing with your mortgage lender through our Foreclosure Prevention Program.

As soon as you miss a mortgage payment, most mortgage lenders act quickly. They will call you and they will often send you a reminder letter first. If your mortgage lender does not hear from you or doesn’t receive your missed payment after they contact you, your lender will then take the next step in the foreclosure process and send you a demand letter. In BC, your mortgage lender or their lawyer must send you a demand letter before starting foreclosure proceedings. If you miss one or more of your mortgage payments, your lender has the right to accelerate (speed up) your mortgage contract This allows your mortgage lender to claim the full balance you owe on your mortgage plus interest and other costs, even though your mortgage term hasn’t yet expired.

If you don’t do what the demand letter asks, your lender can start foreclosure proceedings in BC Supreme Court by filing a petition against you. You may want to just ignore the demand letter, but be sure you know what the consequences are first. Doing nothing has serious consequences. Your mortgage lender can use the legal process of foreclosure to repossess (take back) the property or sell the property to pay off your mortgage debt.

Through our Foreclosure Prevention Program, we can help you reinstate the mortgage and prevent foreclosure. You can reinstate a mortgage if the mortgage term hasn’t expired and your lender agrees to reinstatement. We provide you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.

Through our Foreclosure Prevention Program, we provide free consultation to discuss the different options that are available to you. We have solutions for foreclosure prevention. In every case, the options available to you will depend upon your individual circumstances and it’s important for you to take quick action to prevent foreclosure.

Taking Over Someone’s Mortgage Payments

 

Taking Over Someone’s Mortgage Payments – The Do’s & Dont’s

Anyone can sell you a mortgage; We can show you how to use your mortgage effectively to your financial advantage even if you are having difficulty paying your mortgage payments or have negative equity in the property.

Are you experiencing difficulty making your mortgage payments each month, experiencing difficulty selling your property or do you just want out of your real estate situation for any reason? Our Company, GVCPS, is a well-established Real Estate Investing Company that specializes in taking over mortgage payments and the property associated with the mortgage.

We take over mortgage payments for houses, townhomes, condos and multi-family residential projects that are any price, in any condition, any situation and in any location of Vancouver, BC, the Lower Mainland and the Fraser Valley, BC. When we are taking over your mortgage payments and property, we utilize innovative and creative mortgage strategies that provide you with immediate financial relief and peace of mind regarding your real estate situation.

We provide you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.

We have earned a reputation for fair dealing with 25 years of experience and we have handled hundreds of purchase situations, helping clients facilitate a non-stressful real estate transaction that benefit all parties involved. Contact us for Free Consultation. Office: 604-812-3718 Email: info@gvcps.ca or visit our website for more information gvcps.ca.

Are You Thinking About Taking Over Someone’s Mortgage Payments?

If you are planning on taking over someone’s mortgage payments, it is recommended that you seek the counsel of a mortgage professional or a legal adviser first.

There are many advantages of taking over someone’s mortgage payments, however, taking over someone’s mortgage payments is a big decision to make. Going about it the wrong way can prove costly in the long run with future legal disputes that may affect your ability to borrow in the future and putting you under financial and emotional strain if you already own your property that you are making mortgage payments on each month.

The Do’s and Don’ts of taking over some ones mortgage payments:

DO the Following:

  • Prior to taking over someone’s mortgage payments, seek counsel from a professional mortgage consultant at a Real Estate Company or legal advisor
  • Before you make the commitment to take over someone’s mortgage payments, ensure that you are financially capable of taking on this extra monthly expense, especially if this will be a long-term arrangement
  • Ensure that there is a legal agreement in place between you and the person(s) who owns the mortgage debt and the person(s) who are registered on the property title that clearly outlines all of the terms and conditions that you and the other party(ies) have agreed to
  • Verify through the mortgage and property title documentation who all persons are that are registered on both the mortgage loan and the property title

DON’T Do the Following When Taking Over Someone’s Mortgage Payments:

  • Don’t commit to taking over someone’s mortgage payments until you know the exact amount that the mortgage payment is each month. Verify the mortgage payment amount with the mortgage statement
  • Don’t pay the person who owns the mortgage debt directly. Pay the mortgage lender directly to ensure that the mortgage payments are being applied to the mortgage loan each month
  • Don’t take over mortgage payments from someone who has an outstanding judgement or any other charge registered against them on the property title if this will affect the amount of funds you are to receive when the property sells
  • If there is more than one person on the mortgage loan or property title, don’t execute an agreement to take over someone’s payments with only 1 of the parties. Ensure that all parties on the mortgage loan and property title agree to you taking over the mortgage payments and ensure that all parties execute the legal agreement with you

If You Are Taking Over Someone’s Mortgage Payments, Your Documentation Checklist Should Include:

  • The executed legal agreement between you and the person(s) who owns the mortgage debt and the person(s) on property title
  • Up to date contact information of the person(s) who owns the mortgage debt and person(s) registered on the property title
  • The mortgage lender’s contact information
  • A copy of the mortgage loan
  • A copy of the property title
  • Any current tenancy agreement that is in place for the property

Taking over someone’s mortgage payments isn’t something that most people are aware of and isn’t something that most people would consider in today’s challenging real estate market.  Many owners who bought or refinanced in recent years, owe more than what they could sell the property for now.  If you are considering taking over someone’s mortgage payments, there are many do’s and don’ts that you should be aware of.

Our Company, GVCPS, is a Real Estate Investment Company that specializes in taking over mortgage payments and the property associated with the mortgage in Vancouver, BC, the Lower Mainland and Fraser Valley, BC.

If You Are Taking Over Someone’s Mortgage Payments, You Should Also Ensure the Following:

  • Confirm all of the details of the legal documents relating to the mortgage including; the mortgage balance, interest rate and mortgage term renewal
  • Research the current market value of the property and establish a purchase price upfront that is reasonable in relation to the amount of the mortgage payment that you are taking over
  • Ensure that you have enough funds in reserve to make the mortgage payments in the event that you experience unforeseen financial circumstances that may impact your ability to make regular mortgage payments to ensure that you honor your agreement with the mortgage holder
  • Ensure that your lawyer covers all of the terms and conditions of the transaction in the case of default and the remedy that will be available to each party

If You Are Taking Over Someone’s Mortgage Payments, You Should Not Do the Following:

  • Don’t take over someone’s mortgage payments if their mortgage lender will not renew their next mortgage term due to the mortgage debt holder missing too many previous mortgage payments in hopes that the lender will change their mind about the renewal
  • Some people’s mortgage payments are extremely high if they were unable to qualify for a low interest rate. Don’t take over someone’s mortgage payment that will leave you with cash flow difficulties at the end of each month
  • If you are experiencing financial difficulties, don’t stop paying the mortgage payment altogether and don’t ignore your contractual obligations with the mortgage debt holder. If you are experiencing difficulty making the mortgage payment, it’s important for you to take quick action to find a solution and avoid potentially getting sued for damages by the person(s) who owns the mortgage debt as well as the person(s) on the property title

We specialize in taking over mortgage payments and the property associated with the mortgage. We provide flexible, pre-negotiated terms that can give you the best value for your property and can provide you with more money with none of the hassles normally involved in selling. We provide immediate monthly cash flow management solutions to your unmanageable or unwanted mortgage payments along with protecting equity you may have in the property and protecting your credit. Contact us for Free Consultation: 604-812-3718 Email: info@gvcps.ca or vist our website for more information gvcps.ca

If You Need Help Taking Over Someone’s Mortgage Payments, Contact One of Our Professional Mortgage Consultants.

If you are considering taking over someone’s mortgage payments, through consultation, we can advise you through the detailed process step by step. We can show you and the person(s) who hold the mortgage debt how to utilize the mortgage so you can both financially benefit from the mortgage and property even if it’s currently a non-performing asset or has negative equity.

If You Are Taking Over Someone’s Mortgage Payments, You Should Also Keep In Mind That:

  • Anyone can pay the mortgage payments on a property in someone else’s name
  • You can take over someone’s mortgage payments without having to go through the mortgage assumption qualification process
  • There are a number of steps that you can take to help someone with their mortgage payments in a way that protects both of your interests in the property
  • You should seek the counsel of a mortgage professional or a legal adviser before you take over someone’s mortgage payments

When Taking Over Someone’s Mortgage Payments You Do Not Need To:

  • Alter the underlying mortgage loan documents and change the ownership status of the mortgage loan to include your name
  • Takeover the mortgage title
  • Assume the mortgage loan

Mortgage Payment Difficulties and Taking Over Someone’s Mortgage Payments   

If you are having difficulty paying your mortgage payments, it’s important for you to take quick action. With early intervention, cooperation, and a well executed plan, you can work together with your mortgage professional to find a solution to your mortgage payment difficulties to prevent foreclosure.

One of the best foreclosure prevention options is to takeover someone’s mortgage payments to help them keep their mortgage in good standing with their lender.

Is It Safe Taking Over Someone’s Mortgage Payments and What is the Process?  

Yes it is safe, Anyone can pay the mortgage payments on a property in someone else’s name. Mortgage lenders do not care where the mortgage payment money comes from. As long as the lender’s mortgage payments are paid on time each month and are being applied to the correct mortgage loan, the lender is happy.

If you find yourself facing financial difficulties, as a result of job loss, family income reduction, or for other reasons, it can be an overwhelming experience leaving you feeling uncomfortable and unsure of what to do. You can make a big difference in resolving your financial difficulties and preventing foreclosure if you speak with your lender or a mortgage professional at the first signs of difficulty.

If you have missed mortgage payments, the longer you wait to find a solution, the fewer options you will have available to you to bring your mortgage back into good standing with your lender.

If you continue to miss your mortgage payments without attempting to resolve the situation with your lender, foreclosure will be inevitable.

The General Process of Taking Over Someone’s Mortgage Payments Includes: 

  • Prior to taking over someone’s mortgage payments, seek counsel from a professional mortgage consultant at a Real Estate Company or legal advisor
  • Research the current market value of the property and establish a purchase price upfront that is reasonable in relation to the amount of the mortgage payment that you are taking over
  • Verify through the mortgage and property title documentation who all persons are that are registered on both the mortgage loan and the property title
  • Confirm all of the details of the legal documents relating to the mortgage including; the mortgage balance, interest rate and mortgage term renewal
  • Before you make the commitment to take over someone’s mortgage payments, ensure that you are financially capable of taking on this extra monthly expense, especially if this will be a long-term arrangement
  • Ensure that there is a legal agreement in place between you and the person(s) who owns the mortgage debt and the person(s) who are registered on the property title that clearly outlines all of the terms and conditions that you and the other party(ies) have agreed to
  • Ensure that your lawyer covers all of the terms and conditions of the transaction in the case of default and the remedy that will be available to each party

Our Company, GVCPS Inc., specializes in taking over mortgage payments and the house, townhome or condo associated with the mortgage. We provide immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting equity you may have in the property and protecting your credit. We provide the best value for your property and can provide you with more money with none of the hassles normally involved in selling. Our Company provides immediate solutions that enables people who need to move on from their situation to keep their former monthly mortgage payment in their pocket or bank account. Contact us for Free Consultation: 604-812-3718 Email: info@gvcps.ca or vist our website for more information gvcps.ca