Foreclosure Effects In Union County, Charlotte and surrounding areas North Carolina – What Sellers Need To Know

May 29, 2018

Foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. Today we are going to look at the foreclosures effects in Union County, Charlotte and surrounding areas North Carolina and what local house sellers need to know. First we will look at the effects and the ways of easing them.

Foreclosure Effects in Union County, Charlotte and surrounding areas North Carolina to Sellers

Loss of your home – Pretty self-explanatory here. The major end result of a foreclosure in NC is of course the loss of the home to the bank.
Decrease in Your Credit Rating – Your credit rating will be lowered by the foreclosure. How much? It depends on how high your current credit score is… but the higher your current credit score… the more your score will drop after a foreclosure. If you have a credit score of 680 or higher… you may see a drop of 100+ points.
Depression and Stress – Your mental health is at stake because of the high pressure situation. Going through a foreclosure is emotionally exhausting and frustrating to say the least.
House Values In Your Community – Another one of the big foreclosure effects in Union County, Charlotte and surrounding areas NC is that they tend to lower the overall value of the houses in your neighborhood… especially if there are multiple foreclosures in the immediate area.

How You Can Ease The Effects Of Foreclosure In Union County, Charlotte and surrounding areas

For the well being of you and your family, you need to mitigate the effects of foreclosure as much as you can. The process can be frustrating and time consuming, but there are people who can help you navigate your different options in the process.

First…

Call your bank and work with them: Most banks are very willing and ready to work with you… if you can show that with their help you can get back on track and save your house. Or, if you just want out of the house but you owe more on the house than it’s worth… see if the bank has any programs to lower the mortgage burden so you can get out from underneath it without it going through an expensive foreclosure.
Talk with a local real estate expert, like We Buy Houses in Union County: We know the local Union County, Charlotte and surrounding areas real estate market well and are very experienced in the foreclosure process here in NC. Give us a call at 704-322-4232 and we can guide you toward the resources that can possibly help you. Sometimes, we can even find solutions to limit the effect of a foreclosure on your credit score.
Sell your house: If you’d rather find a way to sell your house and avoid the foreclosure all together, great! We buy local Union County, Charlotte and surrounding areas houses for cash… and would love to look at your situation and make you a fair all-cash offer on your house. Even if you think that there is nothing that can be done anymore, there still might be some solution you did not think about. It never hurts to talk. Just call us at 704-322-4232 or shoot us your details through this website.

With the above knowledge on foreclosure effects in Union County, Charlotte and surrounding areas – what sellers need to know, you can guard yourself by calling We Buy Houses in Union County at 704-322-4232 and we shall assist you in the shortest time possible to sell your house. However, to fast track the process, kindly fill out our website contact form to give us more information about you. We’d love to connect with you and help you find the best solution!

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What others say about us

If you are in need of selling a home and you want empathy, fairness, and quality service, please call Gene.

We were referred to Bastion Investment Group when we were trying to sell my mother’s home. Our situation was in no way unique. My mother could not stay there any longer, and the home needed to be sold so she could go to assisted living. When I got in touch with Gene, he treated me like my situation was in fact unique, and he brought something I have not really experienced with any sales transaction: empathy. He made it clear that he understood everything I was going through, and that made the process so easy. He was always available when I had questions, and he communicated with me throughout the entire process. He took this burden off of me, and that allowed me to focus on getting my mom settled into her new place, and I am forever grateful to him and Bastion Investment Group. If you are in need of selling a home and you want empathy, fairness, and quality service, please call Gene. I promise, you will be glad you did!

Mr Honeycutt

“Mr White was very helpful”

Dear Mr White,

We would like to thank you for the wonderful experience we have had working with you. My wife and I are from Pennsylvania, but have been working here in Charlotte for the past three years. We have had two children since we’ve been here and developed a strong desire to move back closer to our home and family.

We were not going to know if we had jobs back home until late in the years and couldn’t spend much time trying to sell our house. Eventually we got the jobs, but were stuck with the house. That’s when I saw Mr White’s number and decided to give him a call and see what he could do for us.

It ended up being a great decision. Mr White was very helpful and ended up closing on our house shortly after we began discussions with him. We can’t thank him enough because he has enabled us to be able to get housing in our new home. All of this would not have been possible without his company. I would recommend their services to anyone.

Scott and Michelle V., PA

“I had my house sold and was able to move on with my life”

I had a good job and was making real good money. So I bought a house so I could stop wasting my money renting.

Then my overtime stopped. I started having a hard time making the house payments so I brought in one of my college friends to rent out one of the bedrooms. Then he got a job in Atlanta and I was stuck. It was taking everything I had to make the house payments. I was getting sick and tired of doing nothing but work for my house payment. I was ready to get out.

I saw this ad in the newspaper that said to call for a free report if you wanted to sell your house fast. So, I called it and got the report. After I read it and called Gene, I had my house sold and was able to move on with my life.

Stephen M. Monroe NC

“Without Gene’s services we would literally be in thousands of dollars’ worth of debt.”

My wife and I had just recently moved into our new home and just nine months later we had a job transfer. We felt trapped: a new property, no equity and no substantial cash for real estate commissions or long term double mortgage payments.

We began to look into other methods for solving our problem. We saw one of Gene’s flyers and contacted him. He quickly mailed us info and the rest is history. Our home is now occupied and no double payments and no real estate commissions.

Without Gene’s services we would literally be in thousands of dollars’ worth of debt.

We do not hesitate in recommending his service to others.

Chris and Mia Mitchell, Atlanta, GA

“We truly want people to know your integrity and your ability to help”

Dear Gene,

We would like to thank you for helping us in our desperate situation. It was such a blessing to us and our family. We truly want people to know your integrity and your ability to help when it looked hopeless. We were behind on our mortgage and we were not at all sure if you could help us or not. And when you called me and said you were ready to go with the deal, we were overcome with joy. Your ability to take care of everything took the stress off us. And we were able to go on with our lives. We would like to encourage all the folks that make that call to you to give your company a chance and just watch what they can do. They were the answer to our prayers. And we thank God for them and you will too.

Steve and Robin M., Charlotte NC

“I gave it a try and called Gene. Boy was that a good idea.”

My mother had passed away and we were willed her house with my sister. We wanted to move into the house and out of our house in town.

We had to refinance the mortgage on our house in Monroe to pay my sister her half of our mother’s house. We thought this was OK because were going to sell the house anyway. We put it on the market with a realtor but after six months and only two showings, we figured we could do a better job. But after another four months of trying to sell it ourselves, we didn’t have anyone qualified to buy it.

I saw this sign on a telephone pole that said ‘I Buy Houses’ so I gave it a try and called Gene. Boy was that a good idea. Gene came out and looked at our house, which we had already moved out and it didn’t even have the power on. He told us that he would get back to us in a couple of days. I thought, ‘I’ve heard that before and that’s the end of him’. But, two days latter he gave us an offer that made sense and we closed seven days latter (just like his report said) and it’s off our back.

Layne and Violet, Monroe NC

“Gene bought it and dealt with all legal problems.”

We had moved out of our house in Wingate to a new house that was being built for us in Monroe. We had tried to sell the house in Wingate for months and the two payments were killing us.

We decided to rent the house to get out from under the payment. What a nightmare that turned out to be. This house was only three years old and the first things they did is tear up the garbage disposal. The next thing we know the rent payments are coming in late then they didn’t come in at all. We didn’t know what to do next. The legal mess wasn’t something we could handle since we both worked and couldn’t go to court hearings to evict them.

Then our daughter told us about this guy that bought houses and had helped the young couple that lived near her. So we called Gene. He listened to our problems and said he would look at the house and would let us know if he could help. The following week he came by and told us what he could do. We had enough of the tenants and the house and wanted to just get rid of it. Gene bought it and dealt with all legal problems. We never had to mess with it again.

Faye and Gene H., Monroe NC

“You have been nothing but gracious and professional”

Dear Gene,

My wife and I wanted to thank you personally for all the help that you have been in assisting s with the sale of our home. You have been nothing but gracious and professional throughout the entire process. I know that we have asked a thousand questions, but you never showed any frustration and were very patient I answering every one of them. We especially appreciate your willingness to work with one long distance situation. You made everything very easy for our family. We would, and will, recommend you and your service to anyone that might be I a similar situation as ours. It has been a complete joy doing business with you. Thank you so much!!

Michael & Karen C. Maryland

“We were hesitant at first, but you were so helpful the entire time”

Dear Nadia & Gene,
Thank you so much for managing the sale of our house in Monroe. Taking the burden of realtors, lawyers and other off our shoulders was a blessing. We also dreaded the thought of driving back and forth to North Carolina, and frankly weren’t even sure where to start the whole process.

We were hesitant at first, but you were so helpful the entire time. We appreciate your answering our many questions and keeping us informed through every step.

We would gladly recommend you to others.

We wish you all the best in your future endeavors.

Sincerely,

Laurie and Andy Burmeister.

Laurie and Andy Burmeister, Newport News, VA

“You can tell Nadia loves and respects her customers”

Nadia is an amazing marketing professional! When she approached me about using her service, she was not pushy and she asked me questions to find the need for her service. She also took the time to answer any questions I had about the service and cleared up any misconceptions I previously had about her service. You can tell Nadia loves and respects her customers and I would trust her with anyone.

Ashley R. Charlotte, NC

“I spoke with Gene White and realized that he knew what he was talking about.”

We wanted to thank you for the help that you have provided us with in leasing our townhouse. … We put our house on the market with a “top notch” real estate agency. Of course, before we signed with them we were given many empty promises that were never fulfilled. In fact even when we had showings the agent didn’t contact us or weeks, even a month at a time. We were left in the cold having no idea what was transpiring after the showings. Also we were under the gun to sell because we had signed agreement to build a new home contingent upon us selling the old. What a stressful time for us! … Of course, with the agent not willing to do all that she could, we did not sell on time… Then I saw a sign that read “I buy homes”. Of courses, initially I thought it to be some sort of hoax, but I figured I would call anyway… I spoke with Gene White and realized that he knew what he was talking about. He sent me an information packet that clearly explained the process. We met with him and bombarded him with questions, all of which he answered… So, we are now living in our new home, finally had peace of mind and have Gene White to thank. Gene, please feel free to use Lacy and I as a reference. We would be happy to speak with any of your potential customers and tell them what an excellent job you have done for us.

Guenievre and Lacy C. , Charlotte NC

“…during the transaction your professional manner and thorough explanations made you a pleasure to do business with.”

Dear Mr White,

I just wanted to let you know how satisfied I am with your company. You allowed me to relocate quickly. Earlier this year I was under a high mortgage, I wanted to move out of the Charlotte area and I did not want to go through the hassle and long process of selling my house with a traditional real estate company in a slow market.

When I heard about your company, I was skeptical. However, during the transaction your professional manner and thorough explanations made you a pleasure to do business with.

You relieved me of my mortgage burden and the inconvenience of selling the house myself in a timely manner.

Thank you for solving my problem.

Steven R., Charlotte NC

“They tell you everything step by step and they are two of the most honest people”

Gene & Nadia White

I enjoy working with these two people. To me it was like making two new friends. They tell you everything step by step and they are two of the most honest people, and that is something hard to find. They know just what to do to make things right.

Sincerely,

Juanita Love.

Juanita Love, Monroe NC

“… her name has become synonymous with reliability.”

Nadia is an exceptional consultant. In my short time knowing her, I honestly believe that her name has become synonymous with reliability. No matter when, no matter what the circumstances, she delivers – and always with a smile and the question, “What else can I do?” A true treasure in a world full of less-than-admirables, I highly recommend Nadia.

Terri S. Virginia