A take over mortgage payments contract enables a Professional Real Estate Investor to take over the seller’s mortgage payments until the Real Estate Investor pays off the mortgage loan – usually by either assuming the mortgage, assuming mortgage payments, a refinance or re-selling the property.
Our Company, GVC Property Solutions Inc. (GVCPS) is a well-established Real Estate Investment Company. We are pioneers in the mortgage and real estate industry and we specialize in assuming mortgage payments through our Mortgage Takeover Program. Through our Mortgage Take Over Program, we take over house payments and the house, townhome or condo associated with the mortgage.
A seller who utilizes a take over mortgage payments contract benefits in many ways. You, the seller 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 until our Company pays off the mortgage. We can also take over payments if your house is for sale and currently listed with a realtor.
Our job is to provide you with peace of mind and immediate financial relief from your mortgage payments and property situation so you can focus on your life. 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 a takeover mortgage payments contract, the two parties (the Seller and our Company), agree to the length of the term during which the mortgage payments are paid by our Company as well as the terms of the sale including the purchase price.
Utilizing a take over mortgage payments contract is is a time-tested method of purchasing property and a viable alternative for seller’s who need relief from their mortgage payments and property situation.
We Utilize Take Over Mortgage Payments Contracts For Any Property Type and Any Situation
We take over mortgage payments for any property type – houses, duplexes, townhomes and condos that are in any situation and location of Vancouver, BC, the Lower Mainland, BC, the Fraser Valley, BC, North Vancouver, BC, West Vancouver, BC and Squamish, BC.
In most cases, we take over the entire mortgage payment through our Mortgage Take Over Program as well as all of your other monthly financial obligations regarding the property on your behalf that may include; property taxes, property insurance and monthly strata fees, if applicable.
Our Company does not charge any fees or real estate commissions. We take over mortgage payments even if the property requires extensive repair or renovations – we take over mortgage payments contract and the property in as-is condition.
If you are experiencing unmanageable or unwanted mortgage payments, contact us. We specializes in taking over mortgage payments and the house, townhome or condo associated with the mortgage.
When we take over mortgage payments, you are provided with immediate monthly cash flow management solutions to your mortgage payments along with protecting any equity you may have in the property and protecting your credit.
If you have missed mortgage payments and are in the pre-foreclosure stage, we can help you avoid foreclosure by reinstating your mortgage with your lender to bring your mortgage back into good standing. To prevent foreclosure, we take over mortgage payments for any property type in any situation of Vancouver, BC, the Lower Mainland, BC and the Fraser Valley, BC.
Taking Over Payments On A House
Our Take Over House Payment Program is designed for people that require relief from their mortgage payments for any reason. We take over the current payments on the house and our Program works with both assumable and non-assumable mortgages.
We take over the property and you are no longer responsible for mortgage payments. We offer our Mortgage Relief Program to people who require relief from their mortgage and property situation even if your mortgage is higher than the property value.
When we take over payments on a house, we verify and follow the procedures below:
Once you have contacted us about the property, we ask that you provide your current mortgage statement that shows your mortgage details to verify the monthly mortgage payment we are taking over. If you are already in default and facing pre-foreclosure, we speak to your mortgage lender or their lawyer to determine the amounts that are required to reinstate the mortgage and bring the mortgage back into good standing with the mortgage lender.
Once we have all of the necessary information, we sign an agreement through a lawyer or notary that verifies that we are taking over the mortgage payments and the property as well as all of the other terms and conditions that we have agreed upon. In regards to pre-foreclosure, once we reinstate the mortgage with your mortgage lender and take over the mortgage payments, this will help avoid foreclosure, protect any equity you have in the property as well as protect your credit.
We don’t know how many months you have been looking for a solution to your situation. Don’t let your property situation become a liability. If you are facing unmanageable or unwanted mortgage payments, contact us. We take over mortgage payments and the house, townhome or condo associated with the mortgage regardless of your situation and regardless of the age or condition of the property.