Author: joseph

  • The 6 Dirty Secrets of Selling a House

    Are you thinking of selling your house? They say it is a seller’s market now, so maybe selling isn’t such a bad idea. But is your home ready for the market?

     

    Even in a strong seller’s market, if your house isn’t ready to sell, you may have difficulty selling it. Below are six dirty secrets of selling a home to help you get the right price and move it fast.

     

    • “The Price is Right.” Not coincidentally, this heading borrows from the popular television game show, “The Price Is Right.” Why? Because for too many home sellers, pricing a house is a guessing game. Over-price a home, and it will languish unsold on the market. Under-price a home, and you leave money on the table. To correctly price a home for sale, check all the available comparables in your area. If you choose to work with a realtor, select one that knows your area well.

     

    • Dirt Doesn’t Sell. Dirt is a major turn-off to prospective buyers. Go beyond the tidying up cleaning job and clean windows, screens, floor moldings, ceiling fans, clothing dryers. Buyers who see dirt will question how well the sellers maintained the home. Make sure the house is spic and span.

     

    • Market Ready. More than ever before, buyers are looking for a home in move-in condition. They don’t have the time, money, or desire to work on a fixer-upper. Don’t expect a quick sell if the home requires repairs, upgrades, or renovations. Look at the features included in comparable homes that have recently sold.

     

    • Less is More. Get rid of the clutter! Box up the knick-knacks and put them in storage. The same goes for that extra chair you’ve crammed into the den; lose it. Clear the closets, so they are half-full of clothing at the most. All the clutter makes the home look small and cramped. Clear it out and open it up.

     

    • What You Like Might Not Sell. The adage, “Beauty is in the eye of the beholder,” is true when selling a house. You may be in love with that designer paint on the living room walls, but not everyone shares your tastes. For best results, keep colors neutral throughout the house.

     

    • “As-Is” Houses Sell for Cash. If funds and time are limited, the good news is that you can sell a house “as is” for cash and sell it fast. Real estate investors will buy your house “as is,” pay you cash, and quickly complete the transaction. The recent market has seen a growing number of house cash sales. You can sell a Portland or Phoenix house fast, for example, because of the demand for housing.

     

    If you are selling a house, keep these essential items on your to-do list before listing to ensure the right price, condition, and a timely sale. If you are short of time or money, consider selling a house in “as is” condition for cash.

     

    What do you do to prepare a house for sale?

    PDX Renovations – Sell house Portland – Do you have a piece of property (house, lot, or land) you’d like to sell fast?  

    Please fill out our ‘Get a Fair Offer’ Form and get a cash offer within one hour of viewing the property. 

     

  • Guidelines for Working with Professionals in House Cash Sales

    It seems like everywhere you go these days, you see signs proclaiming, “ We buy houses for cash.”  You, like some folks, may be somewhat wary of these offers. How do you know if they are legitimate?

     

    While you may understandably have some questions about house cash sales, the fact is that all-cash housing purchases have been on the rise for the past few years. In many markets, they can provide some fast relief for owners of distressed properties. Selling a house fast in Portland, Oregon or Phoenix, AZ, for example, has enabled many owners to get out from under burdensome debt.  But there are some questionable companies out there. In this post, we’ll list some parameters to guide your choice of a house cash sale company, so that you can find a reputable company and protect yourself.

     

    Experience. There’s little doubt that the increase in the “We buy houses for cash” ads are proportional to the number of companies created overnight following the housing crash. One way to separate the wheat from the chaff is to evaluate companies based on their experience and history in the market. Some companies have been involved in house cash sales for many years, even during good real estate markets. Others have just jumped in to take advantage of the current housing crisis. Look for a company that has demonstrated longevity as an indicator that they will still be around tomorrow and have a track record of fair business practices.

     

    Expertise. Not everyone is skilled at the nuances of house cash sales. Many involve properties facing foreclosure or owners facing bankruptcy. Such conditions can complicate deals and require the expertise necessary to cut through a lot of red tape in order to deal with lending organizations in a timely and efficient manner. Look for a track record in handling specific details related to your personal situation.

     

    Fees/Commissions/Payment. Selling a house for cash is often motivated by the desire to get the most money for the property in the shortest amount of time. Fees and commissions imposed by some companies only eat into cash assets. While many firms will require some fees or commissions, others do not. Look for low or no fee propositions. Also, look for a true cash deal, one that pays you the cash upon signing. You shouldn’t be required to wait for the eventual resale of the house, terms that some cash buyers impose.

     

    Service. Just because cash house deals can be fast doesn’t mean they are without due diligence requirements. Contracts, title companies and paper work are still part of the process. To make your cash transaction smooth and hassle free, look for a company that provides a straightforward, easily understandable contract and one that provides services such as managing paperwork and dealing with a local title company.

     

    A house cash sale can be a good alternative for many folks if you do your homework to find a reputable company and protect your financial interests. Look for a company that is experienced, has the necessary expertise, doesn’t nickel and dime you with fees, and provides services to conduct a fair, hassle free transaction.

     

    Is a house cash sale right for 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. 

     

  • The Benefits of Cash for House Sales

    Would you like to sell your home fast for cash?

     

    Who wouldn’t. But some home sellers are either uninformed about the ins and outs of a cash sale or they are reluctant to do so. Here are the benefits of selling your house for cash you may wish to consider.

     

    No Loan Qualification. Let’s face it, in the aftermath of the mortgage bubble burst, qualifying for a mortgage has become far more difficult. Banks have tightened their lending parameters, requiring higher credit ratings and greater percentages of down payments. New and tougher regulations add red tape to the process. The bottom line is that fewer potential buyers can qualify for a loan, reducing the odds of your house selling and selling quickly.

     

    Cash investors do not need to qualify for a loan.  They have the money and are ready to buy now. No need to wait for the qualifying period and no risk of a sale falling through due to an individual buyer’s inability to meet the lender’s requirements.

     

    Fast Close. In addition to eliminating time needed for a loan qualification, cash buyers typically forego the appraisal phase, which saves additional time and avoids the possibility that the appraised value will not be high enough to meet a bank’s strict requirements.

     

    Cash investors are generally very knowledgeable concerning the real estate market. Their knowledge and expertise in areas such as short sales and foreclosures can speed up what has become a lengthy process.

     

    No Realtors. With a realtor out of the picture, home sellers can save thousands of dollars in commissions. As mentioned earlier, real estate investors are quite knowledgeable and understand as much if not more than a realtor about buying and selling homes and the associated legalities, paperwork and transaction obligations.

     

    No Out-of-Pocket Expenditures. Upgrades and renovations can cost a lot of money.  They also take a lot of time to complete. Cash investors want to close the sale fast. They frequently will purchase a home “as is”. Because they have the capital, crew and market expertise, they often prefer to purchase “as is” and perform upgrades and renovations themselves.

     

    In a real estate market with tight lending constraints and prohibitive regulations, many potential buyers simple cannot enter the market. As a result, selling a house has become more difficult. Cash investors save sellers time, money and hassle by eliminating the middleman and allowing homeowners to save on commissions and the costs of repairs, upgrades and renovations. Portland homes, for example are selling quickly. In increasing numbers, those fast sales are for cash.

     

    What benefits do you see in a cash home sale?

     

    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.