If you are a house buyer with cash then you have many benefits. But first let me explain why you are buying the house. Are you buying because you love the house? Or are you buying because you think that the market will rebound and you will make money next year? That would be crazy, but maybe it's just your timing.
There is another way of working with the we buy houses as is with cash to buy houses. Avoiding foreclosure is much easier when you avoid the lender entirely by becoming the owner of the vacant house. There are actually several ways that you can go about this. The first way is to try to sell the house by owner and then become the owner by buying the house back from the bank.
The second way is to use a short sale process to allow the bank to close the short sale at a low cost and take care of the remaining expenses. This process works especially well in surrounding areas where homes are rapidly appreciating. By waiting until the home is appraised at a low enough value you will be able to buy houses for cash that is currently under market value. See site for tips on the quickest way to sell my home as is.
Last but not least, if you are looking to buy houses for cash with no money down then you should consider taking on some repairs in order to get your cash offer accepted. Repair costs can easily exceed the amount that you would be making on the sale of the house. If you are going to do some repairs then you may as well do them while you have the cash so that you can deduct the costs from the final value of the property. This is an excellent way to make a fair profit on your investment and will allow you to get started with the payments even before you sell the house. It is a great way to avoid foreclosure. Check out this post for more details on real estates: https://en.wikipedia.org/wiki/Real_property.
