No equity is a common problem for Sellers. Many times, Sellers will try to sell their house “for sale by owner” with no luck. Their next step is to list through a Realtor. Because there is no equity in their house to cover Realtor commissions and closing costs, they will increase the asking price and be priced out of the market or the house will not appraise, and the Buyer cannot obtain financing.
The question becomes: What do you do with a house that is very difficult to sell with no equity? Give us a call!
Campbell Home Solutions purchase houses with little or no equity and in many cases, we can put equity back in your pocket. Please fill out our Seller Profile or call (910) 270-4993.