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Tuesday, 10 March 2015

Property Appraisals Matter a Lot!

I wanted to sell my house fast in San Antonio, Texas and knew that it was worth an X amount of money. I quoted an appropriate sale price and negotiated accordingly. Both the buyer and I were satisfied with the final price and the buyer began to arrange funding for the home purchase. However, the lender requires a home appraisal,  this was when the deal collapsed.

I was quite taken aback when the value returned by the appraiser fell far lower than the agreed price. The bank refused to finance the ‘overvalued property’ due to the inherent risks and backed down from mortgaging the property. The subsequent negotiations failed and the buyer walked away from the deal. I, for one, still believed that my house is not worth the lower appraisal amount!

Alas, appraisals often fall short of the asking price and ruin good deals. This is the reason why I now prefer to get an appraisal before putting any property on the market. This assures me that my quoted price is right and there are no rude shocks later. During the appraisal process, I make all efforts to ensure that the appraisal comes in closer to my expected price – right from updating the house and making it presentable to informing the appraiser about recent sale values of comparable properties and new developments in the vicinity.

As for the earlier property, because I wanted to sell house fast San Antonio, Texas, I approached a cash buyer called MoneyBug who did not require a formal appraisal as they pay entirely in cash. The deal was closed quickly and to my satisfaction!

Friday, 27 February 2015

Stage your Home Without Spending A Penny

Everyone’s been telling you that you need to stage your home to attract qualified buyers. You are also well aware that the well lived-in look of your home needs some window dressing to attract buyers.

Real estate agents are always anxious to  to sell house fast Philadelphia, Pennsylvania. Many agents will recommend professional stagers who can stage your home  in the most appealing way,  playing on the current trends. The idea is to make it as attractive as possible.

But you are strapped for cash and loath spending a bundle  on transforming your home into a showroom! Well, here are a few home staging ideas that won’t cost you anything:

•    Get into your cleaning mode. Clean every corner of the house so that it shines like new. Clear away all the clutter while you are at it.

•    Depersonalize the house as much as possible. Pack away your family photographs, kitchen magnets and other personal paraphernalia.

•    Deep vacuum all carpets and rugs and let the vacuum lines be. It will create a cleaner look.

•    Pick up a hammer and screwdriver. Hammer in those loose nails and tighten up the dangling screws.

•    Pluck some beautiful flowers from your yard or borrow from your neighbor’s garden. Arrange them in vases around the house to create a welcoming ambience.

•    Bake some cookies when potential buyers are coming. The warm, heavenly aroma will permeate the entire house.

These simple tips can transform your home without costing you a single penny and help you sell house fast Philadelphia, Pennsylvania!

Tuesday, 13 January 2015

Staging Your Home on a Tight Budget

Everyone around me is telling me to hire a professional house stager so that when potential buyers tour the home  it will attract buyers and help in selling the house quickly. But finances are tight right now, and I really cannot spare the cash to paint the house or spruce it up with repairs.

•    A few pointers.

•     Buyers want to walk in and see that the home is free from dirt, dust clutter and garbage.  Illuminate all unnecessary items in each room.  Make sure that the space looks open and  has a clear travel pattern in the room.  Arrange the furniture in a way that  will invite an individual to sit down and stay for a while.

•    Remove storage boxes or clutter from under the bed.  Clean out the closets.  Arrange the clothing by length, only leaving items that are current and necessary.  It is best to store out of season and unused items in a storage unit or attack.  If a closet is well organized and uncluttered it gives the appearance of lots of useable space and that is a key factor with buyers. 

•     Clear all counter spaces. It is  unnecessary to have every appliance out on display.  What you think is a necessary item, is a distraction to a buyer.  Apply the "clean and spacious" rule to every room and every visible and invisible space.

•    Remove all personal items, such as family pictures or collectibles. A buyer wants to be able to envision the space with their own personal items in it.    Even my son’s toys and his collection of magnets adorning the fridge were not spared.

•    Choose updated and appealing colors in the bedrooms.  Make sure the bed spreads and window treatments are clean and wrinkle free.  Fluffy pillows and fresh clean linens always attract approval.

•    Try adding a fresh bowl of fruit on the kitchen table or a vase of pleasant smelling flowers on the dining room table.

•    Don't forget to add curb appeal to the yard. Keep the lawn mowed, trim the bushes, plant appealing flower beds and add a few decorative yard items, such as a  fire pit a nice grill, or a fresh white trellis.  

•    A fresh batch of cookies cooling on a rack or a homemade apple pie add just the right touch.

Another option to avoid costly real estate agent fees and repair costs is to sell house cash Houston, Texas to a professional cash home buyer. They will buy your house for cash immediately, irrespective of its condition or reason for sale.

Thursday, 25 December 2014

The Headaches of Selling my House on My Own!

When I was initially planning to sell my house in Houston, Texas, the thought of selling my house on my own crossed my mind. This prospect seemed more and more attractive as I could avoid dealing with  real estate agents who pressure you,  as well as save the huge commissions that they charge for their services.

So, I put a for sale sign in the yard, posted it on several internet sites and also placed several house for sale by owner signs around the neighborhood.   But once I started scouring around for potential buyers, I quickly realized my efforts were fruitless. How should I get the word out that my house is for sale? Just erecting a ‘For Sale’ sign in my yard was not helping much. Even advertizing on the internet did not garner much of a response.

When people finally started popping up to have a look at my property, I felt burdened down by fixing appointments and personally showing each person around the house. Negotiation skills did not come easily to me and alas, I was not able to assess the buyers’ interests properly.

Finally, I realized that I  needed to sell house fast in Houston, TX and I turned to a cash home buyer called MoneyBug. To my utter surprise, the MoneyBug representative was willing to pay instant cash for my house even though it was in a state of disrepair. They closed the deal in a week and footed the closing costs too. What’s more, MoneyBug did not charge me a penny for the deal and I was actually able to save on the commission as well!

Monday, 24 November 2014

What to Do when There are No Takers for a Property

I was always under the impression that getting rid of a property would be fairly simple.  So when I wanted to sell my Atlanta house fast, I just put it on the market and expected it to sell quickly.

But I soon discovered that finding a buyer was not that simple. Some potential buyers turned away due to the layout of the house while others were put off by the repairs required. Finding a eager buyer who could qualify for the loan needed was a daunting task.

I was lost as to what the best financial move for me would be. Nobody was willing to touch the house with all of the repair work needed.   Meanwhile, the maintenance costs and property taxes continued to drain my pocket. I obviously didn’t want to donate it or just give it away either.

Well, there are those properties that no one seems to want for one reason or another.  No matter how many avenues you try or social media sites you post your home on, there is a catch to the property that turns buyers away.   . The only feasible option in this case is to approach a professional cash home buyer. They will quickly take the house off your hands as they are more than willing to buy any house and in any condition.

I too approached MoneyBug – a reputed and trustworthy professional cash home buyer – to "sell house fast Atlanta", GA. This turned out to be the best bet for my situation,  as they closed the sale transaction quickly despite the house needing significant repairs. What’s more, they even paid cash immediately. I couldn’t have asked for anything better!

Monday, 27 October 2014

Inherited Part of a House and Don’t Know What to do with it!

My grandfather passed away recently and left the family home to my brother, two cousins and myself together. We were proud to be joint owners of our legacy as all of us cherished beautiful memories of our growing up days there. But it was not practicable for any of us to actually go and live in the Houston countryside as our work lives had us settled in Austin, Missouri, Santa Fe and Atlanta. Maintaining the place as a holiday home also did not appear feasible.

We scoured other options like renting out the place but it seemed fraught with problems about necessary renovations, maintenance and upkeep responsibilities, property taxes and so on.

So it was with a heavy heart that we finally decided that the only practical route was to sell house fast Houston, Texas. But our beloved home had actually fallen in quite a state of disrepair as granddad had not been fit enough to maintain it properly. The main door was rusty, the yard was overgrown, paint was peeling everywhere and the roof needed immediate overhaul. But unfortunately none of us can spare the time and expense to make it beautifully inhabitable again.

This was when we approached a professional cash home buyer called MoneyBug. My online request on the company website earned me a quick callback from a sales representative who assured me that they would buy the house as-is and I can sell house fast Houston, Texas in just a week.

As I lived nearby, I drove down with him to show the property and the representative gave me a cash offer after analyzing the house there and then. The sale was closed immediately and we could share the sale proceeds soon enough!

Monday, 22 September 2014

Scour Around for Genuine Cash Home Buyers

If you have turned to Google to help sell your home, you must have come across dozens of cash home buyers that are only too willing to buy your house immediately,  for cash. The deals look very attractive as they are more than eager to take your house off your hands in whatever condition it may be.

In fact, as soon as you approach a cash home buying company, they will immediately start hounding you with ‘attractive’ cash offers. In the hurry to sell a house fast in Dallas, Texas you can also be forgiven for giving in to the compelling pressure.

But later you may regret being bulldozed into accepting the deal because the cash offer was much lower than  your house’s actual market price. Some fly-by-night operators are also known to have hoodwinked homeowners into accepting a cash price that is 65-70% lower than what the house would have actually fetched when sold in the traditional manner on the real estate market.

This is not to say that all cash home buying companies are just conning gullible homeowners. As a sell house fast Dallas, Texas these factors should be overlooked at your own peril.

Making proper inquiries will lead you to professional cash home buyers such as  MoneyBug that have a systematic approach and never pressure homeowners to sell their property. They will also offer you a fair price that is much closer to the full market value, after factoring in a ‘liquidity discount’ for necessary repairs.

Then you can rest easy that you are not being taken,  and that the decision was yours!
home-seller, the onus is on you to conduct due research about both the actual market price of your property as well as the reputation of the cash home buyer. No matter how urgently you need to