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Sold his home to CAHB in Winchester, Ct
Eric Somers and his wife bought two homes without a hitch — but when
it came to selling a rental property, they turned to Opendoor for a
hand.
The couple had lived in a cozy suburban Atlanta home for 10 years.
They welcomed a son, who is now 6, and started planning for a second
child. That’s when they decided they wanted a larger space.
They bought a beautiful home in Marietta, Georgia, and rented out their former home. Eric, who runs a landscaping company, also kept some of his business materials in the backyard.
They spent the next two years as landlords. Their first tenants were great, but the next tenants posed problems. They threw huge parties. The neighbors complained about guests parking up and down the street.
Letting Go
When the second set of tenants moved out, Eric decided not to look
for a replacement. Instead, he realized it was time to let go of the
house. He considered listing the house on the market, but didn’t want to
deal with delays and uncertainty.
“My agent said we need to list it at $200,000,” Eric said. “I thought
that would be amazing, but what if it doesn’t sell? I don’t want to be
holding the bag of donuts.”
His second concern was the backyard covered in gravel.
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What Our Clients Say About Us…
We appreciate all feedback, positive or negative, so that we may continue to improve our quality of service. Please take the time to drop us a line by completing one of our Contact Us forms or sending us an email. Thank you.
Sellers
“I appreciate that within a half hour after I called we were talking to a professional represantive who had extensive experience. We were given an offer the same day. ”
– John W.
I must say that working with Avi and his team was one of the best experiences one could ask for when trying to short sell their home. I was out of options and the stress I dealt with this home, I can’t put in words. My home was older, small, and I felt it would be a very hard task for Avi and his team. I felt as if I was their only client and Avi was always available to take a phone call day/night. If you are looking for one of the best, you found them right here with Capital Area Home Buyers and Avi and his team. Matt Capece— 5 star
“I would like to take this opportunity to thank everyone at Capital Area Home Buyers who took part in the process of selling the property at 75 McKee Street, East Hartford, CT., Avi, Shamya, Kathy and Maryellen, we couldn’t have done this without all of your care and efforts. I am deeply appreciated for all you have done and especially for relieving me from the burden of this responsibility. Although, I feel very sad I no longer own what was once my home, I am very happy that is now someone else’s and that the property will no longer be abandoned. Thank you all, God has answered my prayers and we have succeeded. I will continue to have you in my prayers for continued success and prosperity in your lives as well as good health and most of all Faith in our Lord Jesus Christ who made it all happen so soon. HAVE A WONDERFUL AND PROSPEROUS 2012 YEAR AND BEYOND.” – Maria Ortiz
“Hi I wanted to write a note of thanks. When I called I was extremely Skeptical but really wanted to sell my home. Ron called me within minutes of calling and walked me through the process and answered all my questions. He came out the next day and I had an offer in hand. We closed by the end of the month. As he told me on the first conversation there was no cost to me to get an offer and I was under obligation to sell my home, but I am sure glad I called. Now my home is sold and it was hassle free, it was as is, and I put more money in my pocket than I expected.”
-Natalie M.
“When I called I was interested in selling my home because I recently got married. The team at Capital Area Home Buyers was quick to call me after I entered my information on the Web form. They explained to me the home values in my area and told me how much they could offer. Although the offer was not what I needed, they referred me to a top realtor who sold my home in 4 days. Thank you so much ”
Barbara S.
“When I started to call these we buy houses companies I found on the internet I most of them did not return my calls and most of them were not a local company. I was happy when I received a call from Capital Area Home buyers literally 15 minutes after I called in. Right on the phone they were able to answer any questions with me , there was no high pressure like those other companies. After 10 minutes on the phone Ron was able to give me an offer subject only to seeing the home. We closed very quickly there after.
-Fred E.
“You quickly came to our rescue. We were in desperate need to sell our home. You came to bail us out and have tremendously helped us through the entire process. Thanks to you we got what we needed to sell our home and now we’re able to purchase our dream home. Thank you so much on behalf of my husband and I.”
– Yordana M.
“You worked the details out for me and were very pleasant and accommodating with the sale of my home and the paperwork, as well as just communicating with me. I would recommend you to anyone who needs to sell their home quickly or hassle-free.”
– Cheryl K.
The transaction went smoothly, You were honest and professional in your dealing with us. This would serve as a recommendation to prospective customers.”
– John P.
“At at time when the housing market seemed to come to a halt, we found a way out from under our house we had been trying to sell for many months. Though we are just in the early stage of our relationship, you have been very straightforward and prompt in answering all our concerns and questions.”
– Richard S.
“You were very professional and thorough. You took the time to explain the details we did not understand. We were saved from foreclosure.”
– Richard M.
“I would not hesitate to engage their services in any real estate transaction. These are honest, hard-working people that have earned my respect and trust.”
– Steve S.
“My experience working with Capital Area Home buyers wa great. They are real friendly and know their job. If I were a home buyer”
– Annie D.
You have distinguished yourselves as excellent landlords. I would add that you are very hard-working and always pay attention to details.”
– John O.
“You have been very helpful with house issues, and repairs have been performed quickly and painlessly for us. You are easy to deal with and responsible, and we recommend you wholeheartedly!”
– Julie F.
I really thought that there were no more alternatives. You not only took the time, but went the extra mile. You not only welcomed us, but made sure we were satisfied. You are the kind of landlord everyone is seeking. We are so excited to be in our new home.”
– Ronald M.
Before meeting with you, I was very nervous, but once I met with you I felt relaxed right away. You weren’t in an expensive suit carrying an expensive suitcase; you dressed casual and talked very down-to-earth. The process was fast and simple. You also gave us solutions on how to clear up our credit. You don’t meet any people like that these days. I feel really blessed to have people like you as landlords.”
– Tina H.
“He Did Everything He Said He Would Do and THEN Some!”
To Whom It May Concern,
“I would like to thank Capital Area Home Buyer’s, because he helped me out of a bad situation and did everything he said he would do and then some!
“Last year, I lost my job, and was not able to make my house payments any more. Having two small children, I began to get nervous, because I wasn’t sure what was going to happen to us. I started getting letters in the mail, saying that I needed to pay, or I was going to get foreclosed on, and would be out on the street! After crying for a few days, I decided to take action, so I started to call a few ads in the paper, looking for somebody who would be able to buy my house and help me out of my situation.
“I talked to a few people, but no one seemed to be in any kind of position to help me out. I briefly explained my situation, and he said he thought he could help! We set a time for him to come and look at my home. He told me that if everything was ok, he could buy my house on the spot!
“I didn’t want to get too excited, because I’d gotten my hopes up before, only to be disappointed. But, when Ron came out (with his associate, Brett Cohen), he looked around, sat down, looked me in the eye, and said that he would buy my house right now!
“It was as if a wave of relief came over me! He then pulled out a few papers, we signed them, and that was it! He was going to solve my problems for me!
“But, that was not the best part! After that, Ron helped me find a new place to live.
“Today, my children & I are off to a fresh start, my credit was saved, I’m working again.
“We No Longer Have the Burden of an Extra House Payment Coming Out of Our Income!”
To Whom It May Concern,
“My wife and I are so thankful for Ron! As a result, we did not have to declare bankruptcy, our credit is saved, and things are a LOT better for us financially! Not to mention that he took a MAJOR cause of stress out of our lives!
“We no longer have the burden of an extra house payment coming out of our income!”
“I Wouldn’t Hesitate to Recommend Their Services!”
“Our Transaction was on time and Seamless!”
“Capital Area Home Buyer’s were very easy to deal with. Our transaction & purchase was on time, & seamless.
“Ron from Capital Area Home Buyer’s is an honest, ethical person who’s very trustworthy!
“We look forward to doing a lot more business with him, and as quickly as possible!”
I wanted to Sell My House as Fast as Possible
“I wanted to sell as quick as possible. Capital Area Home Buyer’s were the people that I called. It was through a google advertisement. thank you to the whole team. Thanks Capital Area Home Buyer’s. ”
-Gregory McFarland
We Needed to Sell A House Fast
Capital Area Home Buyer’s Did keep Their Promise to Buy My Home in Fourteen Days
-Tonya A
“Before going with Capital Area Home Buyer’s the realtor we were working with didn’t have the experience to help us with our unique situation.
Justine Davis
My Inherited House Needed Work
“I Lived 2 hours away from the home I and my brother inherited. The tenants moved out and left a big mess. I needed a quick sale that was as is. Capital Area Home Buyer’s helped me clean the problems with my title and we got our check wired us right after the sale without having to drive 2 hours to closing.”
– J. Maxwell
Facing Foreclosure
My husband lost his job recently and we were 6 months behind on payments and facing foreclosure.
Avi from Capital Area home buyers, met with us within ours after we called. He explained the short sale process to us , explained how much time we had in the foreclosure process. Got it so we could stay 4 more months in our home without paying the mortgage which is what we needed. He then got the bank to accept a short sale and the bank put in writing that they would not come after us for any of the losses. The bank even gave us 3000 in relocation assistance. Thanks Avi
-Kate B
Here’s what you CAN expect from us:
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
What is a short sale?
Home sellers should consider a short sale when the value of their house or condo is less than the amount of the cumulative balance of their mortgage loans. For example, if your home is worth $200,000, but you have a loan balance of $200,000, then you should consider a short sale.
Benefit from Processing with us
1. The number one reason why people use us is we get short sale results. We have established relationships with many lenders to expedite the process and we have processed hundreds with banks similar to yours, And we have references.
2. We have relationships with cash buyers. This will allow us to put an offer in immediately. By doing this, we will be able to process the short sale faster. Remember, a bank will not consider a short sale until an offer is made. Bottom line we save you 2 months plus.
3. We have relationships with banks. These relationships will allow us to process the short sale quicker and allow us to discount the mortgage deeper.
4. In most cases we work with lenders to either waive the deficiency judgement so they wont pursue the homeowner after the sale goes through for the losses.
5. We will explain the process thoroughly and show homeowners how to avoid paying the debt forgiveness tax after a short sale goes through.
6. We will work with the lender to be sure the homeowner does not have to bring any money to closing. We work with the banks to pay any attorney fees, transfer taxes, property taxes, real estate commissions, 2nd or third mortgages liens.
7. Our team is available to discuss this with you and answer any questions you have.
8. We are local, so we will have a representative meet you face to face if you want.
Banks are smart. They have known for the past 50 years that 5-10% of their borrowers will be subject to different hardships that will affect their ability to make their monthly payments. Some examples of a hardship include divorce, loss of a job, unexpected medical issues, death, loss in income, job relocation, etc. Such hardships may drive people towards bankruptcy.
Although lenders don’t like the idea of a short sale, they realize that a foreclosure is a more time consuming and costly option. In addition, lenders are aware that at anytime, if they choose not to do a short sale, the borrowers can file for bankruptcy. Such cases usually take 3-12 months to sort out, again adding to the lender’s losses.
By accepting a short sale, a home can be sold and the loan taken off their financial books fast. If they pursue a foreclosure, they run the risk of the process taking a substantial amount of time, during which the value of the property might depreciate.
In addition, once a property is foreclosed, it becomes the bank’s property and sold with an agent as a bank owned property. Such properties usually have tons of as-is disclosures, so buyers make low ball offers, further adding to the bank’s losses. Upon foreclosure, the property becomes vacant, which can often result in vandalism, robbery and wear and tear.
In addition, the banks don’t have strong skills in property management. Upon foreclosure, they will have to maintain the lawn, pay for the utilities, insurance, and winterize the property. In the end, they will have to list the home and pay a commission and closing costs anyway.
Now, you can see why banks typically want to go the short sale route and get the mortgage off their books.
Please fill the form on the top right hand side of the page, or call us now for an absolutely free and confidential consultation.
We are looking forward to serving you.
To get started, simply click the Get an Offer link below. There is no obligation, no costs, and no strings attached. Or if you prefer, give us a call at 1- 800-404-7184
How the Short Sale Process Works
After discussing your personal situation and answering any questions , if you feel like moving forward, most lenders require a hardship letter to be written (which we will provide), two most recent months of bank statements, two most recent paystubs, and two prior years of tax returns (only if you filed). We work with them to submit these items with an offer. Typically, banks will assign their in-house short sale negotiator within 30 days, and order an appraisal which they then use to determine how much to accept. In the mean time, they typically hold off on the foreclosure until a decision is made. Once they accept the short sale and the offer, they then will fax a short sale approval stating the conditions. Typically, they pay all the closing costs, they accept less than what is owed, they put in writing also that they will not go after the borrower for any of the losses (called a deficiency judgment). Often, they even provide relocation assistance. So why wait, give us a call so your problems can be solved.
Banks will accept less than you owe on the mortgage which is what a short sale is.
Banks will put in writing that they will not come after you for the losses referred to as a deficiency judgement
Banks will pay all the closing costs in most cases to include any real estate commissions, transfer taxes, hoa/condo fees, attorney / settlement agent fees, liens for taxes and water bills, and other liens on the home for example credit cards, etc (usually lien holders will have to accept a discount).
Banks will often pay relocation assistance to sellers
You Will typically be able to buy another home if you wish in 2 – 3 years from the sale of your short sale home.
Here’s what you CAN expect from us:
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
Sell Your House in Virginia within 7 days or less! We don’t consider the situation, in which you are Selling Your Own House in Virginia. We just believe in selling home fast and quick. The location of your home is not issue. We are ready to buy properties at the fair market prices no matter where it is located in Virginia, Maryland or Washington DC. We Pay More!
Sell Your House Now and get rid of the critical situation that you are facing. We are ready to help you at every step. Whether it’s a foreclosure when you want to Sell Your House Washington Dc or you are having some bad tenant issues, and want to Sell Your Property Maryland, we will buy your house fast.
Selling your Home Was Never This Easy
Selling your own home can be a drag. If you’re thinking on how to sell your own home, we have the answer for you. We are ready to buy a house as is, meaning if you want to sell your home fast without feeling like you are losing a huge asset for less, we have the right solution for you. So if your head’s spinning with questions like “how do I sell my house quick?” or “I need to sell my house?” We have all the answers right here.
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
In Foreclosure? No Problem!
Our team has extensive experience Short Sale and have successfully processed hundreds of short sales in the recent past.
Reasons to work with us if you require a short sale.
You pay no fees up front or at closing. Bank pays all the fees, closing costs, to sell your home when the short sale is approved.
We have a proven track record
In order to start a short sale the bank wants to see an offer, we will write an offer in 24 hours that we can send to the bank.
In most cases the bank will put in writing that they wont come after the borrower for the losses.
This will buy you more time in the home.
Call now for a confidential discussion
a short sale looks better on your credit report than a foreclosure
we have a list of rental homes to consider
we can get you a list of rent to own homes or homes for rent
We have tons of references you can call
If you start the process with us you can always stop after.
In most cases I can show you a sample short sale approval letter from your lender
Call Now you have nothing to lose but everything to gain.
This is serious. Please take this advice immediately: If you are facing a pending foreclosure, act now. Many people facing foreclosure do nothing. They sit around and wait for a miracle. They feel powerless and discouraged. But there’s something critical you can do Right now.
From our experience in most cases, the best thing to do when you’re facing foreclosure, assuming you can’t pay the mortgage, is to just sell your home quickly.
By doing this, you may be able to avoid having a foreclosure on your credit report, because that stays there for seven years. The sooner the house is paid off or loan made current, the sooner your credit score improves. Why not get on with your life and get your finances back to normal?
In many cases, Capital Area Homebuyers can buy your house, pay the dues to the lender, and possibly give you equity back out of your home. We can even help in many situations where your house has no equity.
In a foreclosure situation, time is of the essence. Call today for a confidential, no obligation consultation on how we can get you cash out of your house and save your credit from foreclosure before it is too late!
Call us now toll free at 800-404-7184, or fill out the online form. We know how to remove any home ownership issues that are complicating your life.
Here’s what you CAN expect from us:
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
We’re terribly sorry about your divorce, and realize what a tough time this is for you. No one plans to get divorced, but let’s face it, it happens. If you don’t want the house you and your soon-to-be former spouse own together, we can help you get on with your life with as much money as you can get out of it.
Capital Area Home Buyers deal with divorce situations all the time. We can buy your house so you can move on.
Please give us a call at 800-404-7184 (toll free) or enter your information on the right side of your screen. We know how to remove any home ownership issues that are complicating your divorce proceedings.
We Buy DC, Virginia & Maryland Homes
We are ready to buy your house today. Whether you need to cash out quickly or just want to avoid the usual home selling hassle – we make it easy. We can work with any homeowner in the States of Washington DC, Maryland, Virginia, and Connecticut. We buy homes for sale directly.
With Capital Area Home Buyers, there is no agent earning commission, no hassle with buyer negotiations, no fixing up your house and showing it for months. We buy homes in as-is condition, and close in the time frame that works for you.
Here’s what you CAN expect from us:
An offer within hours
Assurance that your home is sold – at a competitive, agreed upon price
Home purchased “as-is” – no further expense or improvements needed
Fast and hassle-free
No 6% Realtor fee – you can save thousands in fees
If you are behind on payments and have no equity, we will work with the banks to insure a short sale in which they pay all the closing costs, and put in writing that they won’t pursue coming after your for the losses.
We Have Solutions To Most Problems
*** In Foreclosure? **** Going Through Bankruptcy? ****Behind in Payments? *** Going Through Divorce? *** Estate Sale? *** Job Transfer? *** Has Your Listing Expired? *** Making 2 or More Mortgage Payments? *** Bad Tenants? *** No Equity in your Home?
We Make it Easy
We have the financial strength and flexibility to make an offer on your home in one week or less. And we are committed to customer service – we have representatives available 24 hours a day to make the process smooth and easy every step of the way.
Call now 800-404-7184 or submit the form on this page on the top right, to find out how much we can offer to buy your house. There is no obligation. We just need a little information to prepare a firm purchase price.
To Get Started Simply click the Get an offer Link below. Remember there is no obligation on your part and there is no cost to you to simply get an offer. Or if you prefer give us a call at 800-404-7184
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
Must Relocate? No Problem!
Have you landed a new job or earned a job transfer and must move quickly?
Let’s face it, relocation is a time of high stress for most people. The great news of a great new job can fade away if you have to worry about selling your house quickly or in an uncertain real estate market. You may not have enough time to sell your house before your transition. That may mean getting stuck paying for housing in two different areas. We can take the worry out of selling your house.
Capital Area Home Buyers can buy your home quickly. You can get on with your life and release yourself from a heavy burden. Give us a call or fill our the form on the right of your screen.
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
Owe Liens? No Problem
So you can’t sell your house because a lien or judgment makes your title to the house unmarketable? No problem. Capital Area Home Buyer’s knows many people who struggle with a mechanic or construction lien placed on their property for work done that they had not been able to pay for. Other times, in divorce cases, an ex-spouse files a lien for his or her share of the sales proceeds. Don’t let these issues, these “clouds on the title” stop you from selling.
Don’t be discouraged from selling your house because you have liens, judgments or title problems. We are experts at dealing with these situations and other similar problems.
Please give us a call toll free at 800-404-7184 or enter your information on the right of your screen. We know how to help you remove liens and get you back on more solid financial footing.
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
Your Property Needs Repairs? No Problem!
Don’t let the need for repairs stop you from selling your home or condo. Statistically, most buyers won’t consider buying a home with a leaky basement, with a problematic HVAC system, or with any other major problems. People know how tough it is to get a loan on damaged property. Most lenders will run away from these properties. However, we love these kind of properties and that’s how we make our living, we buy, renovate, and improve pre-owned homes and resell them profitably. Your neighbors often will love the renovations too.
Capital Area Home Buyers purchases distressed homes all the time. We’ve renovated hundreds of homes and have no closing cost options. So give us a call, and let us help you with your financial woes.
Please give us a call toll free at 800-404-7184 or enter your information on the right of your screen.. We can buy and repair your house so you don’t have to. No problem!
Get a Guaranteed home sale – at a competitive, agreed upon price.
Home purchased in “As-Is” condition – no need to make any repairs or improvements.
Fast and hassle free – we will send you an offer typically within hours.
No 6% Realtor® fee– you can save $1,000s in fees.
If you are behind on payments and have no equity we can show you several solutions.
Call you within 24 hours with a competitive offer.
We are Local.
What we offer
Call now or submit the form on this page to find out how much we can offer to buy your house. There is no obligation. We just need a little information to prepare a firm purchase price. This is what we offer:
Guaranteed sale
Get a Guaranteed home sale at a competitive, agreed upon price.
“As-Is” condition
Home purchased in “As-Is” condition no need to make any repairs or improvements
Fast and hassle free
Fast and hassle free we will send you an offer typically within hours
– John W.
