No Equity? No Problem
The low equity situation is the most common we run across. In most cases, the homeowner has tried to sell their home "for sale by owner" without any luck. The next step is to list it through an agent. In order to cover the agent's commissions and additional closing costs, they have to increase the price.
Since the price was increased, the likelihood of selling is reduced. Even if it does sell, what little equity you have is eaten away by the commission and closing costs.
We purchase homes with little equity and in many cases are able to return much of that hard earned equity to the homeowner who deserves it the most.
We have worked with homeowners, agents, builders, investors, burned out landlords, and those dealing with inheritance tax, just to name a few. We have multiple creative solutions for just about any housing issue.