Sell my home by myself

Are you thinking, how can I sell my home by myself?  If so, you’re one of a growing number of people that are looking to sell their homes and avoid high fees and commissions.

There are many types of flat fee or limited service companies around the country. While the programs differ from each other concept and services, each is designed to increase the MLS and public exposure of For Sale By Owner (FSBO) sellers. They allow you to avoid part or all of the commission if you sell the property yourself.  Some provide purchase and sale agreements and discount programs with title and escrow companies. You can pick and choose the style that is right for you.

A couple really good resources for FSBO sellers are www.fsbo.com and www.forsalebyowner.com. Also, if you know a local Loan Officer, they might be able to help you out with the open houses. In return, they get to pre-qualify all the people who come in.  This is a great way for the loan officer to get new mortgage leads and you get more exposure for your house.

If you want to do it yourself, you can always just print some brochures, advertise in the paper. However to get the maximum visibility you need to do an MLS listing. This is what real estate agents use. This is what you’ll see on realtor.com for example. When you use a realtor you get that listing.  You can do it cheaper by going to flat fee listing websites to do it yourself. You can usually buy a kit to put the outside brochures, lockbox, etc also from those sites. You can use this approach and pocket the fee or reduce the price to move your house faster.

If you need to sell your house fast, you may consider contacting a local we buy houses investor.

How to Sell My House Online

If you’re asking yourself, how can I sell my house online, you’re in the right place.  The internet is a great place to showcase your home and find prospective buyers while avoiding real estate agent commissions.  With most buyers starting their new home search on the internet, it’s important to get your house in front of those buyers.

• List your house on a For Sale by Owner (FSBO) website.  There are many for sale by owner websites to choose from, fsbo.com, forsalebyowner.com, owners.com.  Just to name a few.  Pick the company that already has quite a few listings in your area and select the package that fits your budget.  Upload photos and write about the most appealing features of your home.  Then wait for buyers to find your house and contact you.
• List your house for sale on eBay.com.  Did you know you can auction your house for sale on eBay?  Create an auction on ebay to sell your house online.  Upload photos and create a buzz with your real estate auction.
• List your house for sale on Craigslist.org.  Post a free advertisement in the Real Estate for sale by owner section of Craigslist.  Craigslist is very popular and attracts many potential buyers all day, every day.

Contact a professional house buyer in your area.   You can find local buyers by looking for we buy houses advertisements.  A professional real estate investor will be able to offer many creative options to help you sell your house fast online.  It’s a fast and easy way to sell your house quickly.

How to Sell Your Home Fast with a Short Sale

These tips for making your home sell fast are sure to streamline the process.

Begin preparing the paperwork as soon as possible. Your real estate agent or short sale investor is often able to help. Typically you will need the following items:

• Hardship letter
• Tax Returns
• Bank Records
• HOA, Property Taxes and other pertinent outlays associated with the property.
• Copy of Mortgage statements, liens or other monies owned on the house.
• Put out the word. Let everyone know you need to sell the home – fast. Use works like ‘motivated seller’ or “distressed homeowner” to indicate a willingness to work with buyers able to provide a fast closing.Contact the lender to let them know your situation. Perform maintenance and upkeep as you are able. If finances are an issue, try to make the property appear as attractive and well maintained as possible.
• Create a list of what you need the most from this deal. For example, if you need a fast closing avoid bankruptcy then say-so when speaking with the agent or potential short sale buyers. If you need a new place to live or rent after closing then mention that as well. Often these items can become part of the negotiation process to help make the deal work.
• Identify personal property prior to accepting a final offer. If you intend to take the appliances be sure to specify this in advance. Likewise, it’s important to bring all items that will remain with the home (good and bad) as well as be removed from the home prior to entertaining offers.
• Make a folder of all contact information and paperwork. Keep it accessible when speaking with real estate agents or potential buyers. Remember, everything must be in writing and never sign something you don’t fully understand.
• Avoid entertaining multiple offers all at once. While this might seem like a good way to increase the odds of a successful sale, it often creates unnecessary delays that could result in your losing the home or growing farther into debt. Instead, ask to see proof of financing or other indication of a quick closing.
• Keep it realistic. Even the most reputable short sale offer is likely to be somewhat slow given the large number of sales currently going through the system. A lot of sellers are searching for solid short sale offers so increase your odds by responding quickly to all inquiries and remaining patient throughout the process.
• Start Early. The sooner you start the better the odds of selling your home before it becomes critical or urgent.

What does it mean to sell my house for cash?

If you need to sell your house quickly, you may consider contacting a local we buy houses company that will offer to buy your house for cash.  What does that mean?

What are the pros/cons of selling for cash?

The pros of  selling your house for cash:

• Fast close. The cash buyer is able to buy your house and close quickly.  Some cash buyers are able to close in just a few days.  All cash buyers are able to buy your house faster than a traditional buyer that may need to go to a bank and get a new mortgage.
• No new mortgage. Getting a new mortgage from a bank adds time and complexity to the sale of your house.  Banks required appraisals and inspections.  Also a bank typically will require 30-60 days for loan processing and there can be problems with loan documents at the closing table.
• Hassle free. A cash buyer just presents a check at closing.  There is not a bank involved so there won’t be any problems with funding or loan documents.

Cash buyers are great for selling your house fast.

Cons:

• A cash buyer has a limited amount of cash available to buy houses and may be only able to offer a price that is below your asking price.

How do I pay off my mortgage if I get cash?

Paying off your mortgage will be the same if you get cash or if you have a buyer getting a new mortgage.  Your cash buyer will bring a check to the closing table and your escrow or title company will use that money to pay off your mortgage.

Will it affect my credit?

It is exactly the same if you have a cash buyer of if you have a traditional buyer.  The advantage would be if you are missing payments, a cash buyer can close quickly, payoff past due late fees and help you sell your house before you miss any more mortgage payments.

Will I take a hit from the IRS?

If you sell your house for a profit, you may have to pay income tax on the profit amount but in most times there will be no hit from the IRS.

If you’re looking for a cash home buyer, vist our we buy houses website today!

What documents do I need to sell my house

When you are looking to sell your house quickly, it is in your best interest to have all of the documents needed to sell your house available before you even get an offer on your house.  You don’t want to have to stall the sale of your house due to missing documents or permits.

Here is a list of documents you may want to have ahead of time.

• Deed to the property
• Title insurance policy
• Property taxes
• Mortgage statements – you will need your payoff amounts from all lenders.
• Insurance
• Inspection report – in most cases, the buyer will get their own inspection report but if you have a recent one it can be useful.
• Warranties – if you have warranties on your home or appliances, the new buyer will appreciate having those available.
• Leases – if you have a tenant in the property, you will need a current lease agreement for the new buyer.
• Utility bills  – these will provide a guideline for expected utility costs so the buyer will know what to expect.
• Termite inspection – it is typically your responsibility to deliver the house free and clear of termites.

Now that you have all of the necessary documents, you can sell your house fast and avoid any last minute surprises. Be sure to check with your local Realtor as the documents may vary for your area.  Real estate agents or title companies can help you prepare exactly what documents will be required for your area.

Now go sell your house quickly!