At the beginning of August, roughly one-third of American households owed money for missed rent or mortgage payments from previous months, reported CNBC. When rent payments are missed, property owners feel the pinch. Many count on that income to make their own mortgage payments.
Understanding Companies That Pay Cash for Houses Companies that buy homes for cash allow you to sell it “as is” — without having to list it on the market. This is an ideal option for people who need to sell their home fast.