Trusted Home Buyers Will Take Over Mortgage Payments In Lincoln Park

Free Yourself From Burdensome Mortgage Payments and Sell Your Home Fast

You go through the tedious steps to finance your dream home, and maybe even plan to stay for the long haul. Then, life happens. Your job relocates you, your family takes you across the country, or you just fall in love with another house in a new neighborhood. And putting your house on the market just makes the most sense, right?

With mortgages ranging from 15 to 30 years, chances are your current loan isn’t fully paid off when it comes time to sell. So are you stuck where you are until you’ve paid off every last dollar? Absolutely not! The key is to determine exactly how much you still owe. Make sure the sale of your current home pays off the remainder of your mortgage, plus all of your selling costs.

Otherwise, you could be facing a shaky financial situation where you owe more than your home is worth at closing—a position that no homeowner wants to be in. Ideally, you’re taking home a check—not opening up your wallet at the final signatures!

When you don’t have to worry about realtor fees, closing costs, home tours, and appraisals, the home-selling process becomes a lot more simple. Full Price Offers used to just buy houses in and around Lincoln Park, but now we buy houses as far away as Northbrook, and we’ve been proud to bring the cash home-sale model to the outer reaches of Lincoln Park. We value our customers immensely, and this is why we do everything in our power to ensure seamless, hassle-free home-selling experiences for everyone who works with us. We’ll take over mortgage payments and help you move on from all the financial stress!

Call Full Price Offers or reach out to us online to discuss your unique needs and requirements. We’ll provide a free, no-obligation offer. Get your property sold fast!

lincoln park street view
Lincoln Park Street View from Google Maps

Large Mortgage Payments Can Catch You off Guard

There’s really only one must-sell situation: That’s if your mortgage payment eats up so much of your paycheck there’s nothing left to throw at debt. Your mortgage payment should be no more than 25% of your monthly take-home pay. If half of your income gets swallowed up by your mortgage every month, it’s a no-brainer. Cutting your housing budget down to size is the only way you’ll ever make progress.

Let’s look at an example. Frank and Sheryl Smith bring home $4,000 a month and owe $30,000 in student loans. Their mortgage costs $1,800 a month—a whopping 45% of their take-home pay. At this rate, they can only afford to put $300 a month toward their student loan debt.

The Smiths decide it’s time to sell their home, so they get in touch with a real estate pro. They make $10,000 off the sale, and that chunk of money goes directly toward their student loan balance. Frank and Sheryl don’t have any cash to put down on a new home. Going back to renting isn’t ideal. But it’s worth a temporary sacrifice to get their financial feet back on the ground. They find a place to rent for $1,000 a month. That budget change enables them to add an extra $800 to their student loan payment each month. Instead of taking 10 years to pay off debt, the Smiths are on track to kick Sallie Mae to the curb in just 19 months! You can be like Frank and Sheryl and get rid of mortgage payments with help from us!

Did you know?DID YOU KNOW?

Lincoln Park Zoo is one of the oldest zoos in the country and still provides free admission. The first animal that the zoo had to procure was a bear cub.

Steps to Take When You Think You’re Underwater on Your Mortgage

Figuring out if you have an underwater mortgage isn’t complicated. Take a deep breath and follow these three simple steps:

Determine how much you still owe on your mortgage. You can find this on a recent mortgage statement or your online account. If you can’t find it, you can always get this information from the company who holds your mortgage loan.

Find out how much your home is worth. There are several ways you can determine the value of your home, but some will be more accurate than others. If you just want an estimate, you can talk to an experienced real estate agent in your area.

For a more concrete figure, your best bet is to hire an appraiser. Subtract the amount you owe from your home’s current value. If, for example, you owe $200,000 on your mortgage, but your home is only worth $185,000, you’re underwater on your home by $15,000.

North Avenue Beach from Flickr

Selling a Home to Real Estate Investors Means No Pre-Sale Repairs

When you sell a home for cash, you indisputably get the most bang for your buck. You save on closing costs and realtor fees, and sometimes these can take a massive bite out of your total profit from the sale. Selling a home for cash to a trusted buyer is much better than going the “traditional” home-selling route, and it’s definitely a seller-friendly process. Imagine that you own a property that, in all reality, is an eyesore; selling such a property the traditional way would probably cost more than it’s worth. With a cash buyer though, you can get a decrepit property off your hands without ever having to deal with a moment of stress. We’ll even take over mortgage payments and free you from a burdensome financial situation!

Lincoln Park Zoo from Flickr

Say Goodbye to Mortgage Payments: Let Full Price Offers Take Over

For those who want a cost-effective, hassle-free experience that’s quick as well, contacting Full Price Offers is the best option. We are a fast house buyer serving Lincoln Park residents, and our reputation has been spotless for years. We’ll take over mortgage payments and help you move on with your life. Get in touch with us via phone, email, or through our online website and discuss your unique preferences with our knowledgeable representatives. We’d love to help you get your property sold, quick and easy.

We buy property in Lincoln Park including in zip codes 60614


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Full Price Offers, is a direct real estate buyer on its own behalf or its affiliates, not an agent or listing service.  Consult your real estate, tax and legal advisors where appropriate. All content is subject to Terms and Conditions.

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