PDX Renovations

Tag: #realestate

  • Sell Your Home: 3 Top Reasons to Cash Out Your Equity Now

    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.

  • Why NOW is the Time to Sell a House for Cash

    When you have an opportunity to sell your house for cash in today’s market, it is best to give it serious consideration.

     

    A number of factors are adding up to “Sell my house for cash now.” We’ve listed them in this blog, so that you can find the right alternative that will allow you to unload your property at its peak value and profit now before it is too late.

     

    A Tight Lending Environment

    Lenders have done a complete about face since the mortgage market blew up with the subprime lending scandals. What was once seemingly free money is now all but impossible to acquire through a mortgage application. Mortgage banks are still reeling from the fallout over the housing crisis. Those that are still in business are very reluctant to loan money to anyone. Without the ability to qualify for a mortgage, the supply of buyers in drying up.

     

    Low-Ball Appraisals

    If banks are leery, appraisers are downright paranoid. Appraisers, who took a lot of heat for their part in the subprime crisis by overvaluing homes are now undervaluing homes. As a result, if you want to sell your house to a buyer with a bank loan, you’re going to have to sell it for less than it is really worth.

     

    New Regulations

    The government backlash in regulations following the subprime lending disaster have gone into effect for 2014 and they bring new rules that make it harder for buyers to qualify for a loan. Income-to-loan ratios, employment history requirements and higher down payment requirements are pushing many would-be buyers out of the market. First time buyers, people who have experienced time unemployed and retirees on a limited income all face new hurdles when attempting to qualify for a mortgage loan.

     

    Cash Buyers are Becoming Hard to Find

    Remember when, not too long ago, most of the home purchases were all cash deals? Well, that number is down dramatically. With housing prices returning to normal, the big spenders have turned to other investment opportunities.

     

    All of the above factors point to one big problem if you want to sell your house—it’s going to be difficult. Reluctant banks, low-ball appraisals, a lack of interest from real estate investors and tight government regulations add up to a diminishing pool of buyers, decreased demand and downward pressure on the price at which you can sell your home.

     

    The good news is that we buy homes for cash. We’re not fickle investors who have turned to other markets now that real estate has become less lucrative. We specialize in real estate and are in the game for the long term. Individuals seeking to sell a house can turn to us for a fast sell without the headaches associated with bank qualifications, iffy appraisals and government scrutiny.

     

    In a tough real estate market, selling your house for cash to the right source may be your best option.

     

    Do you want to sell your house fast?

     

    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.

  • When is Selling Your Home Without a Realtor Easier in Phoenix or Portland?

    Selling Your Home

    If you’ve sold a house (or houses) before, but always through a realtor, you may find the idea of not working with a realtor to be a bit scary and intimidating. Selling Your Home.

    The realtor coached you on preparing the house, handled the marketing, babysat the buyers through showing the house, and dealt with offers and counter-offers.

    The realtor handled listing the house on MLS and elsewhere and dealt with other realtors. You may be thinking “Heavens, I can’t do all that!”.

     

    There is an easy way to sell without a realtor, one that requires little, if any, expertise, virtually no marketing, and no investment in preparing the house to sell. Working through a realtor involves far more work, time, and money from you than the other alternative I will propose.

     

    Realtors are selling to home-buyers who are looking for move-in-ready houses.  That why working with a realtor to sell your home is just that – work!

    • Deciding what condition shortfalls you are going to address before the sale.
    • Getting the work done – and paying for it.
    • Clearing out your clutter and over-supply of furniture.
    • Deciding what upgrades to do for marketing – replace carpet? paint? more?
    • Staging the house – flowers – color schemes – appealing furniture arrangement.
    • Keeping everything perfect for showing, every day – not just cleaning, but orderly closets and cupboards as well. And, corralling the pets!
    • Evacuating the house – leaving it neat and tidy behind you – whenever the realtor has a showing. Interruptions in your evenings and weekends when you are relaxing from work.
    • Fielding offers – making counter-offers – handling negotiations and decisions.

     

    In addition, working with a realtor is an open-ended time commitment – one that often has heavy expenses attached until the final closing.

    • Waiting in suspense for an unknown amount of time before the perfect buyer with the perfect offer happens through your door.
    • Waiting on buyer financing.
    • Keeping up with the mortgage payments and other expenses while you wait.
    • Giving up part of the sales price to realtor commissions and closing costs that can total 8% to 14%.

     

    There is another way! Choose to work without a realtor and without expensive, time-consuming preparation and marketing.

     

    Cash buyers such as PDX Renovations take on houses as-is, without you doing preparation, staging, or marketing. Because they are professional fixers and sellers, they don’t need all the preparation above to attract a traditional home-buyer who just wants to move in and go on with their life. There are no realtor’s commissions, no waiting on buyer financing.

     

    PDX Renovations will come to see your property and make our own assessment of the work needed. Often you’ll have an offer within 24 hours or just a few days. You won’t have laid out any of your own cash or time – once you accept the offer, you’ll close within the next few days. You walk away with the cash, and the cash buyer takes on the house in the condition it is today.

     

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    Question or Prompt for Response – open-ended, relevant

    Have you sold through a realtor?  If you could do it over, would you consider a cash offer instead?

     

    Call to Action

    Do you have real estate (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. https://patient-liger-dev.10web.site/sell-house-quick/we-buy-homes-bring-us-a-deal/