Author: Annie

Using a realtor will cost you money, so you won’t actually get the asking price after they take somewhere between three and six percent of the house sales which will be split with the buyer’s agent. Getting a bank approval and the escrow process will take time and if you need to have any repairs done; you will often find them costly and more time consuming unless selling “as is.” Things to keep in mind while selling can be whether your home needs to be remodeled, which won’t return much on the investment and if your home is in a bad neighborhood. Keep in mind that selling a home yourself is difficult when it comes to advertising because realtors already have established channels of advertisement. You could alternatively consider using an investor who will make repairs, get the house of your hands, and not charge you fees.

Key Takeaways:

• Realtors are expensive and typically charge 6% of the purchase price of the home. More and more people are looking to sell without a realtor.
• Homes can be hard to sell if they need repairs. If you have the cash it’s a good idea to get it done or try your best to find a buyer who can work with you.
• Don’t sell the home by owner if you can help it. Try to get someone to list your home but without paying the enormous fee.

“Using a realtor is the traditional way, but that doesn’t mean you’re confined to that option if you need an expedited service.”

Read more: https://homebuyersusa.com/how-to-quickly-sell-your-home-without-a-realtor/

Home repairs have the potential to be expensive. Experts agree that the average home owner can spend up to $8,000 per year on these types of repairs when problems arise. The most expensive procedures or repairs that can be done at home include HVAC repairs, water heater repairs, electrical repairs, driveway repairs, asbestos removal, roof repairs, septic tank repairs, deck repairs, mold removal, foundation repairs, and siding repairs. Thus, it is important to always plan for potential home issues, as these repairs are non negotiable.

Key Takeaways:

• Homeowners should be aware that the cost repairing and maintaining the home can run a little less than 5% of the value of the home.
• Water heater, HVAC, and other electrical repairs can be costly, but mostly on the lower end of other home maintenance.
• Repairs needed to siding or the home’s foundation can cost well over $10,000.00.

“Experts estimate that the average annual cost of home maintenance and repair is 2-4% percent of a home’s value.”

Read more: https://www.webuyuglyhouses.com/blog/11-home-repairs-break-bank/

Over half of all retirees downsize their homes to release home equity and secure their retirements. Before going through the hassle of selling and moving make sure you understand the real facts about downsizing. Downsizing will save more than just money. You will also free up time not looking after a large home and garden. Of course a smaller property means less space, but many retirees don’t feel cramped because they simply don’t have the same requirements from their home after retiring. While selling and moving may be a hassle, it doesn’t have to be. Home buyers such as Open Door, Zillow, and We Buy Ugly Houses can remove the hassle.

Key Takeaways:

• Many retirees downsize their home not for financial reasons, but to save time on home maintenance tasks.
• When downsizing, retirees can keep their favorite belongings and use estate sales, Craigslist or eBay to sell the rest.
• Preparing a home for sale seems daunting, but We Buy Ugly Houses will buy a home as is.

“More than half of all retirees decide to move to a smaller home to free up time and make retirement more financially secure.”

Read more: https://www.webuyuglyhouses.com/blog/5-myths-downsizing-retirement/

Having a vacant house is homeowner’s headache for more than one reason. The property may lose value, it will fall in disrepair if not constantly maintained, but one of the worst issues is the possibility of it attracting squatters. In many communities, and especially in other countries, squatters can even be protected to some extent by the law. Regardless of legal situation, squatters will not maintain the house or care about its condition. Often, squatters and improper use of the house are the reason for house fire. If you have a vacant house, you should strongly consider selling it now.

Key Takeaways:

• Owning a vacant house that you don’t check frequently can lead to squatters moving in.
• Squatters will damage your property and possibly set in on fire.
• Selling your vacant house to iwillbuyhouse.com will free you from this concern.

“If your house is vacant and you are not visiting it frequently you may have squatters move into the house. Once that happens you can pretty much expect trouble. Your house will be damaged in some way, shape, or form.”

Read more: https://www.iwillbuyhouse.com/blog/here-is-why-you-should-sell-your-vacant-house/

After a parent dies, many times they leave their house to all the children. While this is a great opportunity to cash in, it is sometimes difficult due to opposing views between the siblings. First thing to ensure is that there are no back taxes on the house. After that, you may want to consider renting the house out as passive income. If there are disagreements between brothers and sisters, you may want to buy them out of their share, go to probate, or simply agree to sell the home and split the profits.

Key Takeaways:

• If you opt to rent the house, you’ll need to hire a property management company or manage it yourself.
• If one sibling wants to buy out the others, the house’s value, liens and back taxes will need to be calculated.
• If you decide to sell, there are companies that buy houses quickly.

“There may be back taxes on the house, and these will need to be paid to ensure the county does not try to take the home or sell it for the taxes that are owed. Going forward, taxes will have to be paid every year.”

Read more: http://saltlakehomesforcash.com/inherited-house-siblings-options/

If you have issues selling your home, it is wise to consider why this might be. First, as hard as it might be to admit, you may be the problem. One common mistake is staying around while your realtor shows your home. In addition, your home may be extremely outdated. Consider renovations to make it more stylish. Moreover, your real estate agent may be the problem. They might be lazy or not as proactive as you wish. The truth is, there is always a solution to selling a home that may not appear sell worthy at first. Dig deeper to solve the issue.

Key Takeaways:

• You may have a price in mind but ultimately the housing market dictates the price that you’re going to be able to realistically sell for.
• Some common problems when it comes to an unsellable home include only one bathroom in the home, no airconditioning and it being located in a poor neighborhood.
• It is very important to hire a motivated and efficient real estate agent that is treating all potential buyers positively.

“It’s hard to swallow, but you could be holding your home’s sale back. One common mistake is sticking around during real estate showings. Let your real estate agent take care of it alone.”

Read more: http://saltlakehomesforcash.com/solutions-sell-unsellable-home/

If you are looking to sell your home during COVID-19, you need to know that it is going to be much more difficult than previous. However, you can still improve your chances at selling your house by improving your online presence. Since open houses aren’t really safe right now, you can consider doing a virtual home tour so that people can see the interior of your home and get an idea of how the home looks and feels. Finally, it’s important to be flexible with potential buyers and answer all questions that they might have.

Key Takeaways:

• Increase your online presence with selling houses utilizing websites like isoldmyhouse.com to get more traffic.
• Don’t price too low online. With the wider audience, you may lose out if you try to fast to make your house an attractive price.
• Be flexible in how you are willing to communicate with potential buyers. Consider all the options for how you can use technology like Virtual Reality to show your home.

“The more places you have your listing, the better your chances that you will find a quality buyer. Consider even doing things like making a video about your home, and highlight some of the features that buyers may be the most interested in.”

Read more: https://highestcashoffer.com/sell-a-house-during-covid-19/

There are a few different reasons why people would be looking to sell a house with tenants, including cutting bait with a house that has negative equity. Youcan sell a house with tenants and many landlords even sell the propery while the tenants are still living in the home. There are benefits for a new landlord to buy that home with sitting tenants as well as it will help them pay for the property. If you are dealing with tenants who won’t leave, you can pay them to do so, offer them to buy the property or find a very patient buyer/investor.

Key Takeaways:

• It’s easier to sell a home with living tenants if they are on a month to month lease. Then you don’t have to give more than a 30-60 day notice.
• Sometimes it can be hard to get tenants to agree to leave when you want to sell. Sometimes you can offer them cash to leave or even offer them the chance to buy.
• Sometimes offering your home at the highest cash offer can be the quickest way to cash out and move on with your life.

“There are those who may be looking to retire or enter a new line of work and would like to get out of the landlord business. Others may have inherited the property and have no interest in becoming a landlord altogether.”

Read more: https://highestcashoffer.com/how-to-sell-a-house-with-tenants/

A cash sale is a very simple way to sell your home because there are no real estate agents, lawyers or listings involved. People tend to sell their house for cash if they are going through bankruptcy, a divorce or they are having their house foreclosed. Some advantages of a cash offer include the sale being very quick and easy, there are little to no fees involved, and you don’t have to repair or clean your home. There is much time and money to be saved when selling your house for cash.

Key Takeaways:

• Some reasons that people sell their house for cash include bankrutpcy, divorce and the home needing too many repairs.
• The advantages of selling your house for cash is that the sale happens very quickly and there are very little fees attached.
• Another great advantage of a cash sale is that you don’t have to make any repairs or clean your home. It is sold as is.

“A cash sale is a simplified way to sell your house, mobile home, commercial or multifamily property. In a cash sale, a seller submits their information to a buyer, who will then make an offer based on several factors. These factors include your asking price, the condition of the home, and the fair market value of the property, among others.”

Read more: https://highestcashoffer.com/why-is-a-cash-offer-better-for-a-seller/

There are many different reasons why selling a house by owner is becoming more common. These reasons include not being able to afford the home, being behind on payments and having medical bills. The first thing you need to do is determine the price of the home and then list it on MLS which is a house selling marketplace. You should also be using marketing strategies to help advertise your home so that you can get the best possible price. Having open houses is important as well as it allows potential buyers to check out the interior of your home as well as the neighborhood.

Key Takeaways:

• There are many reasons for selling a house by owner which include being behind on payments, medical bills and the home needing too many repairs.
• It is very important to prepare your home for open houses and showings so that potential customers can see what the interior of the home looks like and how it feels.
• When negotating a sale, typically a buyer or investor will submit a contract offer to you. You should have that contract reviewed my an attorney to make sure it fits with all real estate laws.

“The first step in selling a house by yourself is to determine the home’s price. You can get a reasonable estimate of what your home is worth by conducting a search online. Simply search for similar homes in your neighborhood, zip code, town or city and see what they are currently being sold for. This will help you determine how much to price your home for.”

Read more: https://highestcashoffer.com/what-to-know-when-selling-a-house-by-owner/