You can relist with a new price or agent, rent the house, or sell it to a direct buyer. If the price that buyers offered would not clear your loan plus selling costs, a subject-to sale with Golden Path Homes takes over your existing mortgage payments instead of paying the loan off, so the numbers can work.
Most expired listings come down to one of a few things. The price was above what buyers could finance at today's rates. The house needed repairs that a buyer's lender would not cover. Or the price you needed, to pay off the loan and the commission, was higher than the market would pay. That last one is the hardest, because cutting the price means bringing money to closing.
It changes the math instead of the price. In a subject-to sale, we buy the house subject to your existing mortgage, so the loan is not paid off at closing and your low rate stays in place. The price no longer has to clear your balance plus commission. A title company handles the closing and records the deed with the county, and we make the payment through a third-party loan servicer from then on. There are no showings and no repairs, because we buy as is. What a subject-to sale is walks through it.
The loan stays in your name until it is paid off or refinanced, so it still shows on your credit. Most mortgages carry a due-on-sale clause that lets the lender call the loan when the house transfers, and it belongs in the written agreement. If your house has real equity and time is on your side, relisting may net you more. If it does not, we can close in as little as 14 days. Start at our sell page.
Tell our team about the house and the loan. No commissions, no repairs, and a closing in as little as 14 days.
Wait until the listing agreement ends, or ask your agent to bring us an offer.
No. You sell directly to us, so there is no commission.
No. Occupied, vacant or tenant-filled houses all work.