home foreclosure


The other day, a friend of mine revealed to me that he’s been behind on his mortgage payments and he fears that foreclosure is coming.

I had no idea that he was dealing with this. Everything about him seemed so normal. I guess it goes to show what some people can hide beneath the surface.

The reason why he told me about it was because he wanted to find out options to sell his house. Since I work in real estate, I see tons of different kinds of situations related to housing and losing homes. Most people that deal with foreclosure are either in denial and stick to it until the very end or don’t know that they had options to sell it before it was too late.

Fortunately, my friend knew some of his options, but he didn’t know ALL the options available to him.

Most states run foreclosure auctions the same day each month, which means for him, it’s nearing that time and he can be placed in the auction if notified soon.

I told him that if he tries to sell the house the traditional way, that process might take too long for him to be able to sell it before it’s foreclosed, and he might want to check out some alternatives just to be sure. We did a search together and found this awesome article on how to stop foreclosure by one of the firms we’ve worked with here locally.

This definitely helped shed some light on some of the options my buddy had but didn’t know about.

Additionally, it goes to show that there are faster ways to sell a home if you really need to get rid of the property or need to liquidate it for the cash sooner than later.

I thought this would be useful to share, for any of those that are going through similar situations and scared out of their minds.

Potentially defaulting on a mortgage and being put out on the street is a scary thing. Sometimes people don’t even tell their families about it because they’re ashamed.

But it’s never too late to make some moves and do the best you can. The longer you wait, the worse it gets.

In the last few years, April and May have been dangerous months. In both 2016 and 2017, we’ve had torrential downpours that have caused flooding in multiple parts of the city. The amount of homes that have been affected has been growing even before Harvey hit, where homes were getting flooded for the first time in history. Then with Harvey causing these homes to flood a second time, they’re not forced by law to raise the homes if they need substantial work. This just adds to the cost, which most homeowners simply can’t afford and insurance rarely covers flooded homes.

So, what does this mean for the upcoming months? It’s time to prepare.

Get an inflatable raft!

I know this sounds silly, but if you’re in a flood zone, we know that getting an inflatable raft that you can store in the garage or in the attic can end up saving lives and most valuable possessions. In Harvey, this ended up being one of the most important things in order to get out safely from the floods. These things can be stored in fairly compact boxes and can be expanded so that you can fit multiple people (or pets) on them along with some bags and clothes.

Prepare with supplies

Make sure you have enough emergency supplies, including food, water, and first aid kits. Keep an unopened box of batteries that can be used if you need them, and get a portable charger for your phones that is large enough to recharge a phone several times. These rechargeable battery packs have improved over the years and can be pretty small while packing a lot of juice.

Create an emergency plan

If your neighborhood and home were to flood, what would be the primary and secondary plans for safety? What are the most important things to get and where are they located? Make sure all your necessary supplies are easy to get to and won’t get blocked off if there’s water in the home. Then decide what are the one or two primary routes to get out and to safety. What are the closest shelters to your home and how would you get to them if certain streets had flooded, based on flood history? These things will make an important impact on speediness of evacuation.

What to do with the home after a flood

Although there’s a lot to do with a home after it floods, the most important thing is to make sure that you get it dried as quickly as possible and prevent water from sitting in the home. You want to prevent moisture from absorbing into the walls and frame so that it doesn’t begin to warp the home and cause severe molding. The worst thing you can do is let it sit for multiple months, to the point where the exterior walls begin to warp. This will generally mean that the house must be torn down and you can only sell it for lot value. If the flooding was bad enough where you need mold remediation and repairs but you can’t afford it, then consider selling the flooded home quickly so you can get as much for it as possible before it worsens.


Remember, it’s important to create plans for emergencies, that way you and your family know exactly what to do. Floods are no joke, and there’s a lot that can be at stake when it happens unexpectedly. There’s no time to figure it out when it actually occurs. And now that we’re nearing the end of April and entering May, there’s still a chance that more flooding can happen before the spring’s end.

Information in this article provided by Home Buyer Houston (https://www.homebuyerhouston.net).

Check back for more with The Alex Zone.



Real estate is a really fun industry, and I enjoy buying/selling as a real estate investor. But sometimes you just need to get rid of a property quickly, whether you need liquidity or there’s something wrong with the property. Traditional methods could be time-consuming, having to repair the home, get it cleaned up, hire a real estate agent, create a listing and wait, find potential buyers and show them around, and then deal with the haggling and buyers backing out or finding every little thing to reduce the price. It’s a very arduous process and can cost you a lot of time and money if you’re really just looking to off-load the property.

There are a few companies that can help get rid of properties quickly. You’ve seen the bandit signs for “we buy houses” or “Christie buys houses” all over the place. These seem sketchy, and a few of the highest ranking sites on Google tend to actually be scams as well. I’ll save you the trouble and recommend a service that I’ve been using – SellMyHouseEasyFast.com. This is a Houston local service that works to get you cash offers for your home in any condition as quickly as possible. How does this work? Well, they essentially have a network of real estate investors that are always looking to buy properties quickly and pay cash for them. These guys will basically act as a lead generator and ping the entire network of a house that’s ready to be purchased. The downside is that you’re not going to get top-dollar for your home, but you’re going to save on time and hidden fees, plus get cash in hand without dealing with appraisals and mortgage companies. For a lot of situations, I’d say this is a pretty convenient deal.



If you’ve got a home that’s at risk of foreclosure, has water or fire damage, is simply vacant/inherited and you want to get rid of it, going through divorce, or relocating and need to sell it off quickly, check these guys out. They may be able to get you a pretty nice cash offer deal that will take the burden off from your shoulders. Let me know if you do try them, I’d like to hear how your experience goes.