Author: joseph

Are you struggling to make ends meet? Making do with less, but still finding it difficult to stick to your budget?

 

The economy over the past several years has put you and a lot of people like you in a tough financial situation. The American Dream and middle class has been redefined in the wake of the recession. More and more people are opting out of home ownership because of the monetary obligations of a mortgage, home insurance, maintenance costs and repairs.

 

If you haven’t considered it, you may want to think about how you can put the equity in your home to good use if you can tap into it to improve your lifestyle and get your financial house in order. If you sell your house, you gain access to equity that can help you dig out of a hole and get back on the road to recovery.

 

In this post, we look at three signs that your home equity may be hurting, and not helping you.

 

You’re Living Paycheck-to-Paycheck. If you are like the majority of Americans, stagnant wages, under employment or a long period between jobs has put a strain on your ability to meet financial obligations. Tapping equity in your home through an equity loan doesn’t present an affordable alternative because the added monthly expense will only make your cash flow tighter. A cash house sale can quickly free up equity assets that you can put to good use by paying down debts and having an adequate income to meet monthly expenses.

 

You’re Putting Off Home Repairs.  Home repairs can be costly, but the cost of not attending to needed maintenance can be costlier in the long run. The longer you wait, the less your property value becomes. A cash house sale can be made for “as is” property, allowing you to avoid repair costs and put some money into your pocket instead of into a house that has become unaffordable.

 

The Neighborhood is Going Downhill. The number of foreclosures over the years led to a lot of unattended homes.  Entire neighborhoods saw declines in value as a result. Increased rentals and absentee landlords didn’t help the situation much. Fortunately, many neighborhoods have bounced back, but they won’t regain those original values. Sometimes it is best to get the most that you can from the sale of your home and avoid the next downturn in the market.

 

If any of the above three signs describe your situation, it may be time to consider selling your home. Sitting on equity, when meeting daily financial obligations is a challenge, doesn’t make sound fiscal sense. Why continue to struggle when you can clear the slate free of debt and unaffordable costs? A cash home sale can free up the equity that is better used now to live a more comfortable, stress-free lifestyle.

 

Can a House Cash Sale help you?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.

If you are like a lot of people, the economic situation is making it tough to meet monthly financial payments. Maybe you’ve been thinking about how taking some  equity out of your house could help with debt or other cash shortfalls, only to find that refinancing or a home equity loan are unavailable due to tight loan qualifying requirements.

 

Many people in a house rich and cash poor situation are turning to an alternative that not only frees up equity, but also reduces monthly overhead and increases cash flow. The solution is sell your house. But to minimize the time and expenses involved with listing your house with a realtor, an easy alternative is to sell your house for cash fast.

 

If you think about it, it makes a lot of sense. Why should you continue to sit on cash money that isn’t helping your financial situation today that could be leveraged and make your life so much easier? And, the transaction is easier than you may think. In the end, people who have taken the opportunity to sell their home are finding that it was just what they needed to give themselves a fresh start. Here’s what people who sold their house for cash are doing now.

 

Downsizing

Just one example of turning the page and starting fresh, a couple in Phoenix, AZ sold their house and downsized to a condominium in Scottsdale. After making the move, they cited numerous advantages realized by making the change.

 

1) They own their condominium free and clear, without the pressure of a monthly mortgage.

2) Modest homeowners association fees cover the expense of water, trash, landscaping, pool maintenance and most building insurance costs which lowered monthly bills considerably.

3) Their home is centrally located to hiking trails, shops, restaurants and theaters making social activity much more convenient.

4) Because the property’s facilities include a workout room, pool and recreation room, they no longer pay for gym memberships.

5) They extra cash from the sale of their home was used to pay off credit card debt and now they are living a debt-free life.

 

Relocating

Another couple from Portland, OR chose, as many others have done, to relocate to an area that offered more advantages to their career and lifestyle. They picked a location that had a dryer, warmer climate, a lower cost of living, less property and income taxes, a healthy employment rate and the types of outdoor activities that they were looking for. Now they are enjoying the benefits of career advancement and an active healthy lifestyle.

 

Continued Education and Skills Training

A number of people who felt that their job skills were falling behind employer demands, but couldn’t afford to enroll in educational or skills development classes,  took advantage of the cash they received from selling their house to go back to school to improve their employment opportunities. As a result, they are enjoying higher salaries and an improved lifestyle.

 

Selling your house for cash can be a way to get out of the rut that keeps putting you farther and farther behind the economic curve. Cash for homes can be accomplished quickly and without the need to share profits through commissions. It’s one way that many are reinventing themselves and improving their lifestyles.

 

Are you house rich and cash poor?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.

If you haven’t been paying attention to the housing market lately, you may be in for a surprise to learn that your home equity may be taking a hit for the worse soon.

A look at market conditions will indicate that the time to sell your home is now. In this post, we review the top 3 reasons to cash out and protect your equity now.

The Housing Recovery has Run its Course

It’s been a long, slow climb, but the housing market has just about returned to the pre-bubble days. It took years, so it sort of crept up on everybody without a lot of fanfare, but it is time to take notice, read the tealeaves and smell the roses! Waiting to sell a house can mean the difference between maximizing your equity profit or losing money.

New Home Sales are Outpacing Re-Sales

Real estate money is being invested in new homes. Since the real estate meltdown, the trend is for people to buy what they want now with the intention of staying in there home longer than in the past. This trend is fueling new home purchases at the expense of resale value. If you want to sell a Phoenix home, a market that has plenty of land for new home development, consider a decision to sell your home now as a safeguard against declining demand for a re-sale.

Home Prices are Beginning to Soften

We are starting to see the beginnings of a trend in price declines in the real estate re-sale market. As this trend picks up, it will only diminish the equity you have in your home. Waiting to sell a home in Portland, OR, for example, can result in a loss of equity and a loss of net value. Can you afford to take another financial hit after recovering from the last market crash?

There are many reasons that make good financial sense when deciding when to sell a home. Whether you want to relocate to a better school district or job market, are ready to downsize, or want to have a more secure retirement, following the rule of investing—maximizing your equity—and cashing out at the right time will be one of the most important decisions you ever make.

One good way to beat the market trends is to consider a fast house sale. You can sell your home fast, cut through a lot of red tape, avoid broker and agent fees and make even more money on the sales of your property.

Liquidating quickly minimizes additional expenditures and time on the market. Even an “as is” house sale makes sense because you don’t have to invest in upgrades or renovations, and you put money in your pocket faster.

If you want to maximize your equity investment and stay ahead of the current real estate market trends, now is the time to sell your home.

When do you think is the best time to sell your home?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.