AUSTIN, Texas, June 7, 2018 /PRNewswire-PRWeb/ — The team at All Cash Close Quickly has long helped Texas homeowners avoid the painful process of foreclosure, back payments, delinquencies and city fines. Recently, the Austin housing market has seen a significant increase in property tax assessment and accompanying fines, meaning that more homeowners are unable to afford their current homes and are looking to sell their property quickly.

Austin housing experts recommend that all homeowners who are missing or late on mortgage payments, taxes and fines become familiar with the Texas foreclosure process and Texas foreclosure laws. The process can start once the lender mails a borrower a letter of demand informing the homeowner that the delinquent payments must be made within 20 days or the foreclosure process will begin. Foreclosure can either be judicial or non-judicial and usually has a 60-day timeline. In order to protect your home and family, many say it stands to reason that we are the source to turn to when you are seeking someone to sell my house fast for cash and get you out of your financial difficulties.

Austin continues to be one of the fastest growing cities in the United States. Even with a housing shortage, housing assessments have continued to increase, forcing many homeowners to feel the effects of not being able to pay for the increase in taxes on their home. In Travis County, where Austin is located, the effective tax rate is 1.98 percent, one of the highest rates in the entire nation, not just in Texas. The average property tax bill for Austin homeowners in 2017 was $7,600, up $517 from the previous year.

Additionally, if you have a balloon payment due on your home, you could be in for a rough time as interest rates are at their highest levels in years. When you face a balloon payment, you have two choices. The first involves applying and qualifying for another mortgage in the amount of the balloon payment, which means you are essentially starting over. The second involves selling your home and using the proceed to pay it off. Most financial advisers recommend that you start the process early to sell your home as it could take several months to sell it, but what happens if you can’t find a buyer?

That’s where we buy houses Austin comes in. All Cash Close Quickly is a family-run company that is part of WIT Acquisitions Inc. Our goal is to help you sell your home quickly for cash so you can pay off your debts. In fact, "Treating our sellers with dignity and confidentiality is the All Cash Close Quickly way."

All Cash Close Quickly will help you by offering a top cash offer on your home and close on the day you want so that you can settle your debts in a timely manner. For additional information visit us at AllCashCloseQuickly.com or call or text us at 512-893-8080.

SOURCE All Cash Close Quickly

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.

Source Article