Philadelphia, also nicknamed Philly, is the most populous city in the U.S. state of was created in the 17th century, following the plan by William Penn’s surveyor Thomas Holme. This city is known for its cultural landmarks, distinct neighborhoods and business. Philadelphia's neighborhoods are divided into six large sections that surround Center City: North Philadelphia, Northeast Philadelphia, South Philadelphia, Southwest Philadelphia, West Philadelphia and Northwest Philadelphia.

 Are you looking for the best real estate agency in Philly? Welcome to the Sell Your Home Philly, our experts will help you move with confidence.  In Philly, our proven system ensures your home reaches ideal buyers. From start to finish, we manage every detail for you.

Stressed house in Philly

Tired of dealing with a distressed property?  Sell your home Philly is the key to success in choosing the right area for your goals.

Owning a distressed property in Philadelphia can be very stressful. It’s not easy to deal with the problems of a distressed home.  Let's sell your home filly, take the burden off your shoulder_ sell fast, stress free. No repairs are needed from your side. Our service can provide cash offers and handle all the paper work.

What are distressed houses?

Distressed houses are the real-estate properties that are facing some kind of financial hardships. These properties are typically sold due to the owner's inability to meet financial obligations. The homeowner owes more on the mortgage payments than the property is worth, and the lender agrees to a sale for less than the market value.  Homeowners often sell their houses because the property requires significant repairs or renovations and the owner cannot afford or does not want to take the responsibility. 

Reasons for distressed sales

Foreclosure:

Homeowners facing foreclosure are often forced to sell their houses quickly to avoid losing it entirely. The homeowner has defaulted on their mortgage payments, and the lender has initiated the foreclosure process.   

Short sales:

With the lender’s approval, the homeowner sells the property for less than the remaining mortgage balance. This is called a short sale.

Financial difficulties:

Other reasons for a distressed sale are financial hardships, such as job loss or unexpected expenses. 

Divorce or legal disputes:

Property division during a divorce or inheritance dispute, can lead to a distressed sale. In the case of an inheritance dispute, maintenance is often ignored and property’s poor condition reduces the home’s worth.

Death or illness of the owner:

If the owner of the house dies without a will or becomes seriously ill, the property may fall into neglect due to lack of maintenance. Some families choose a distressed sale to settle disputes and divide inheritance quickly. 

Physical condition:

Some properties are considered distressed due to physical issues, such as structural damage, and extensive repairs. Lack of funds may leave a house in disrepair. Floods, fires, earthquakes or storms may also damage the property and can cause a distressed sale.   

Why choose us to sell your house?

Having a distressed house in Philly is very stressful and tough to handle. But don’t worry, Sell Your Home Philly is here to make it easy. If you are dealing with an inherited property that you don’t want. Sell your Home Philly is here to help you move forward. We will give you a fair cash offer.