• Avoid Bankruptcy or foreclosure altogether.
  • Sell your house and save your credit.
  • Close in as little as seven days.
  • Pay zero selling costs.

    Get Your Fair & Honest All-Cash Offer Today! No Obligations!

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    Sell Your House to Avoid Bankruptcy or Foreclosure

    One of the most financially devastating events in any household is financial hardship that ends in bankruptcy or foreclosure. Recovery can take years and prevent you from getting back on your feet or buying a new house. 

    Fortunately, there is a practical and quick solution for avoiding foreclosure and bankruptcy in Texas and Oklahoma. Big Mike’s Properties can buy your house right now and pay cash for your property. 

    Our cash home sale solution allows you to get out of your mortgage before you file bankruptcy or your house goes to auction. We buy houses as-is. You make no repairs or upgrades. Plus, you don’t have to pay realtor commissions or closing costs. It’s the easiest way to sell your house without financial penalties that could hurt your future.

    Call 903-905-3256 to get a fast cash offer. Sell your house fast in Texas and Oklahoma.

    Is it really worth it to sell your house the traditional way? Is there a more practical alternative? We think there is.

    At Big MIke’s Properties, we buy houses as-is. We can assess your property in its current condition, make a fair cash offer you can work with, and close the sale of your house in as little as a week. When you sell your house to local home buyers like us, you can sell directly to use without hiring a realtor. Plus, you make no home repairs and pay zero closing costs.

    Call 903-905-3256 to get a fast cash offer. Sell your house fast in Texas and Oklahoma.

    We Work with Home Sellers in All Types of Financial Hardship

    Your situation is unique. As such, you need a home sale solution that works for you. 

    Big Mike’s Properties works with home sellers in all types of situations. Whether you are trying to prevent foreclosure, want to keep from filing bankruptcy, or looking for an alternative to a short sale, we provide flexible options that give you the clearest path to success.


    Whether you live in Texas or Oklahoma, there is no guarantee that you will

    • Keep your house 
    • Get out of your mortgage.

    Even if you liquidate your other debts, you may still owe the lender for the balance on your loan. The lender may be willing to negotiate the contract. However, you may be at a point where you no longer want the house.

    Our local home buyers can help you avoid bankruptcy by purchasing your house before you file the paperwork. We give you a chance to start fresh, debt-free.


    If you lose your house to foreclosure, it can stay on your credit report for up to seven years. You lose your property and the ability to purchase a house any time in the near future. Even after the bank sells the house, the lender may still come after you for the loan balance. 

    Foreclosure can have serious consequences, including

    • Damage to your credit score
    • Loss of your house
    • Difficulty obtaining credit for a future home purchase

    Selling a house to avoid foreclosure may be your best option. We can buy your house today, help you pay off the lender, and give you the ability to buy another house sooner. Since a cash home sale eliminates many of the steps in a traditional home sale, you can close faster, before the house goes to auction.

    Short Sale

    A short sale is a financial transaction in real estate where the lender allows you to sell a property for less than the amount owed on the mortgage. It occurs when the property value has fallen, and you are facing foreclosure. 

    In a short sale, the lender accepts the proceeds of the sale as a full settlement of the debt, even though it's less than the total amount owed. The primary benefit is that you avoid foreclosure and its negative impact on credit history, while the lender mitigates its loss from a non-performing loan.

    However, there are two things you need to consider:

    • A short sale can have a negative impact on your credit.
    • Not all short sales are final - the lender may still be able to pursue the balance on the loan.

    A cash home sale to Big Mike’s Properties is a quicker, simpler transaction process compared to a short sale because it bypasses mortgage approval delays. We also buy houses as-is without the need for repairs or improvements, unlike short sales that may require lender-approved conditions.

    Distressed House

    A distressed house is a property that is under financial or legal duress, often due to the homeowner's inability to keep up with mortgage payments. These properties are usually facing foreclosure, are already bank-owned (also known as Real Estate Owned or REO), or are sold through a short sale, where the property is sold for less than the outstanding mortgage amount. 

    Our cash offer is the optimal solution for a distressed house because it allows for a quicker, simpler, and more certain transaction.You bypass lengthy and uncertain mortgage approval process, which can be especially complex with distressed properties.

    What is a Cash Home Sale?

    A cash home sale is a real estate transaction where we pay the full purchase price of a property upfront, without the need for a real estate agent or a mortgage loan. This type of transaction is often quicker and more straightforward than a traditional mortgage-based home sale. Our simple process looks like this:

    Step 1: We Learn About You and Your Property

    The first step in a cash home sale is an introductory meeting between you and our team. We ask questions and learn more about your challenges and property. We discuss options and the best way to sell your house.

    Step 2: Get a Fast Cash Offer on Your Home

    We schedule a walkthrough to look at the house. Afterward, we assess the property's value. We'll make a cash offer if we're interested in moving forward. You can expect an offer within 24 to 48 hours, so you don’t wait.

    Step 3: Close the Sale of Your House

    If you agree to the cash offer, we negotiate the contract terms, use a title company to transfer ownership, and pay cash for the house. We take care of the title and pay up to 100 percent of the closing costs.

    The process can vary depending on your situation. We provide flexible options for selling your house to avoid bankruptcy or foreclosure.

    What Are the Advantages of a Cash Home Sale

    Sell Your House As-Is. No Repairs

    With Big Mike's Properties, you have the advantage of selling your house as-is, without the need for costly repairs or improvements. This means you can bypass the time, stress, and expense of fixing up your property before the sale. Whether your home has minor wear and tear or more significant issues, Big Mike's Properties will handle it, saving you effort and money.

    No Realtor Fees or Commissions

    When you sell your home to Big Mike's Properties, you don't have to worry about realtor fees or commissions. Unlike traditional property sales, our process doesn't involve a real estate agent, meaning there's no commission deducted from your sale proceeds. This can result in substantial savings, putting more money in your pocket from the transaction.

    Sell Your House in As Little as Seven Days

    Time is often a crucial factor when selling a home, and that's where Big Mike's Properties shines. We can complete the buying process in as little as seven days. Our quick and efficient cash home sale process means you can move on to the next chapter of your life without the typical delay of a traditional home sale.

    Pay No Closing Costs

    In many real estate transactions, closing costs can take a significant chunk out of your profits. However, when you sell to Big Mike's Properties, we take care of all the closing costs. That means no surprise expenses for you, making the financial outcome of your home sale clearer and more predictable.

    Work With a Pre-Qualified, Committed Local Home Buyer

    When you choose to work with Big Mike's Properties, you're partnering with a committed, pre-qualified local buyer. We offer certainty that's hard to find in the traditional property market. Since we pay in cash and don't rely on mortgage financing, you can be confident in a successful, hassle-free transaction.

    Sell Your House Fast in Texas and Oklahoma

    If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact Big Mike’s Properties. We buy houses as-is. No repairs are needed. Avoid closing costs and realtor commissions. Close in as little as seven days. Call 903-905-3256 to get a fast cash offer from our local home buyers in Texas and Oklahoma.

      Get Your Fair & Honest All-Cash Offer Today! No Obligations!

      By submitting this form, you agree to our Conditions of Use and Privacy Policy. You may receive both automated and personal text messages. Reply STOP at anytime to opt-out.

      Or Call Us Now At 903-905-3256

      Frequently Asked Questions About Cash Home Sales in Texas and Oklahoma

      How quickly can I complete a cash home sale?

      We can complete a cash home sale in as little as 7-10 days, depending on factors like title search speed and whether there are any liens or other issues with the property.

      Can I sell my home for cash if it's in foreclosure?

      Yes, you can sell your home for cash if it's in foreclosure. This can be a good way to satisfy your outstanding mortgage debt and avoid the negative credit impact of a foreclosure.

      What if I'm facing bankruptcy? Can I still sell my home for cash?

      Yes, you can sell your home for cash if you're facing bankruptcy. However, the bankruptcy court may need to approve the sale, and the proceeds may be used to pay off your creditors.

      Can I sell a distressed house for cash?

      Absolutely. We seek out distressed properties. They are typically prepared to buy the property "as is," saving you the cost and effort of repairs.


      Cash home sales are generally quicker and more certain than short sales. With a cash sale, you avoid the lengthy process of getting lender approval, which is required in a short sale.

      Are there closing costs in a cash home sale?

      We cover up to 100 percent of all closing costs, depending on your situation.

      Do I need a real estate agent for a cash home sale?

      No, you don't need a real estate agent for a cash home sale.

      How do you determine the sale price in a cash home sale?

      We determined the sale price based on the current market value of the property, its condition, and local real estate trends. We may offer less than market value due to the benefits of a quick as-is sale.