"We buy homes" buyers

[CT_debtor]

What is the name of your state? CT

As a follow up to one idea for preventing foreclosure....what can I expect from these types? I've got quite a bit of equity, and I'd think that selling it on the open market would net us less of fair market value anyway due to the lis pendens....lender offered a forebearance to sell, but I'm unclear if I'd have to disclose the foreclosure (I'm calling them back tomorrow).

What kind of % of FMV should I expect if I am to explore this? House was just appraised last week...

 

[PghREA]

The "we buy homes" people do not pay a lot for homes. You would have better luck listing the home under appraised price for a quick sale.

 

[HUD-1]

The CT housing market still seems to be strong, but with longer marketing times. I too, think you would be better served by pricing the house reasonably (or even below market value) and trying to turn a quick sale rather than going to a distressed home buyer company.