Word of mouth travels faster than any marketing we could put out. We simply treat our sellers with compassion and fairness. It's the right thing to do!
LOUISVILLE, Ky. (PRWEB) July 13, 2020
The owners of Point, LLC Hailey & Luke have been helping Kentucky homeowners avoid the painful process of foreclosure for years. The Kentucky housing market is set to see a surge of under-priced homes as the COVID-19 pandemic continues. This leaves many people asking themselves, should we buy houses? Due to the COVID-19 pandemic, many Kentuckians are facing job loss. Due to this loss of income, people are finding it difficult to afford their bills, including rent and utilities. Kentuckians have been negatively affected by the nation’s ongoing crisis. Despite the temporary forbearance laws in place, Kentucky homeowners are still struggling to make ends meet as bills stack up. Although forbearance laws are in place, homeowners will still have to pay what is owed to service providers, including banks and lenders. Once forbearance ends, lenders will begin to foreclose on more homes.
Is now the time to think “we buy houses Kentucky” or to sell your Kentucky house? Kentucky housing experts are recommending that all homeowners who are missing or late on mortgage payments familiarize themselves with Kentucky’s foreclosure laws and the judicial foreclosure process. This can be a large ask for stressed out homeowners that are facing financial hardships amidst a global pandemic. It’s hard to keep a routine, much less, become an expert on a complicated legal matter. Many are wondering if the city is the right place for them or if they should move out to the suburbs. Few are thinking we buy houses is a good idea. Despite the economic stimulus that many received, there are still many Kentuckians that are facing financial trouble.
President Trump and the Department of Housing and Urban Development provided a temporary relief by suspending all foreclosures and evictions, but this only suspended these evictions. If you don’t have money to pay your mortgage, the bills keep adding up every month. This will prove to be problematic when months of bills come due at once. The affects of the pandemic have already hit Kentucky. The economic implications to follow will continue to affect the real estate market. The Kentuckian motto should be “We buy houses Kentucky” rather than most wondering if property ownership is still a good investment vehicle.
COVID-19 has caused many to search for safe asset classes. Capital moved into treasuries, which drove interest yields down. Similarly, mortgage interest rates have declined. With mortgage interest rates down, many are wondering, “should we buy houses?” Although, income and wages have been affected, the opportunity to get a long-term fixed rate mortgage at a rock bottom rate has never been more real. On the flip side, if buyers are afraid to purchase homes during the pandemic, what options does a seller in need really have?
The company Point, LLC has a team of focused individuals that take personal care and consideration for those in the bluegrass that are facing foreclosure. Rather than hoping and waiting for someone to buy houses in your neighborhood, the company is skilled and able to reduce the headache, uncertainty and hassles normally required when working with a realtor. The company complies to the Better Business Bureau standards in all their dealings with customers and vendors. They work directly with the homeowner and purchase properties at the timeline for the homeowner. They understand the importance of the equity in your home and the desire to preserve it. The message they want to convey to Kentuckians is that “We buy houses Louisville!” and they are dedicated to offering Kentucky real estate owners solutions to avoid foreclosure without any commissions or hidden fees. Contact Hailey & Luke at (502) 509 – 5676 to get a one-on-one phone call or email at Luke@WeBuyPropertyInKentucky.com and discuss your property. You can learn more at https://www.webuypropertyinkentucky.com