Why Isn’t My Home Selling?

I can’t sell my house!

In a buyer’s market, it is especially important to make your house stand out from the rest.

Here are some tips

• Look at the pending and sold properties in your area.  These are the properties that are attracting buyers.  How does your house compare?  Do you need to paint or put in new flooring?
• Photographs – make sure that the photographs of your house that are used in any marketing are complimentary and shot in good light.  Reduce any clutter and make your home appear spotless and roomy.  Don’t take pictures of small areas, focus on the kitchen.  Remember to include your backyard and garden area.
• Marketing and advertising – send postcards to area neighborhoods, put out open house signs on the weekends, get your house listed on the internet.
• You hired the wrong real estate agent.  Make sure to choose a real estate agent that is professional and experienced in selling houses in a buyers market.
• You home is not price to sell.  You don’t want to give your house away, but you need to price your house right in order to sell.  Don’t inflate your price so that you can show price decreases, price it to sell right from the start.  Consider putting your list price just below the last sold house in your area that is comparable to your house.

If you need to sell your house fast, consider contacting a we buy houses firm that can buy your house for cash.  We buy houses firms can be very creative and help you with all the costs associated with selling your house.  In most cases, they can close the transaction in days and you won’t have to pay any money out of pocket.  They can also help short sale my house.

“We Buy Houses” Scams

How to spot “We Buy Houses” scams and avoid them

There are many reasons why a home owner would want to sell your house fast. Job change, relocation, debt problems, divorce and inheritance are just a few. Unfortunately, people in need also tend to attract predators who have no problem profiting from someone else’s misfortune.

If you’re looking to sell your house fast, here are a few scams to be on the lookout for and how to avoid becoming a victim yourself.

Contract Bait and Switch

In a contract bait and switch you agree to a verbal offer but then when it’s time to sign the written offer, it’s nothing like your verbal agreement.

Liberian FSBO

A person outside the U.S. contacts you after seeing your house on Craigslist or a For Sale By Owner site, telling you that he is looking to move to the U.S. soon and can pay cash for your home. His story is compelling to the point that you actually feel good about helping him out — not to mention being able to sell your home.

Ultimately, though, his only goal is to get you to transfer him money and/or to get access to your bank account so that he can transfer the funds himself before you realize what has happened. And because he is outside the U.S., recovering your money can be next to impossible.

How to Protect Yourself from Scams

If you need to sell your house fast, here are a few rules for protecting yourself from falling prey to a scam like these.

Only Work with Professionals

The best way to protect yourself from scams is to work only with professionals who have an established history of home buying.

Check Out the Buyer

If you have any concerns about the buyer, don’t hesitate to check them out. Contact your state’s Real Estate Commission. If they are an established business, also check out the Better Business Bureau.

Always Understand What You’re Signing

Not asking questions because you are afraid of looking stupid could end up costing you tens of thousands of dollars or more if you end up in a deal that wasn’t what you thought it was. A lawyer or even your mortgage company can help you if you want professional advice from a third party. Never, ever sign a contract that you don’t understand.

Get All Agreements in Writing

If a disagreement arises about a verbal agreement, the issue becomes your word against theirs and often must go to a court of law to be settled. Don’t risk that. Insist that all terms be in writing, and don’t agree to anything that isn’t.

Be Willing to Walk Away

If you have any doubts about the buyer or the contract — or if it just doesn’t feel right — just walk away. It’s never worth the months (and maybe years) of future headaches to sell your house a few days sooner.

Read the entire article here

Can I sell my house to stop foreclosure?

If you are looking to sell your house to stop foreclosure there are a few steps you will need to take.

1. Determine how much you owe to the bank? This will include late fees and back payments plus lawyers fees.  You can request a payoff amount from your lender that will include all of these fees plus the balance that you owe on your mortgage.

2. Find out how much you can sell your house for. Talk to a local real estate agent or visit online resources such as zillow.com to determine the market value for your house.

3. If you owe less than your house is worth, you may be able to sell your house to stop foreclosure by listing your house with a real estate agent or trying to sell your house by owner.  Also you could contact a we buy houses investor in your area to get a cash offer within a few days.

4. If you owe more than your house is worth, you will need to attempt a short sale.  A short sale is when you sell your house for less than is owed to the bank.  In this case, the bank will need to approve any purchase contracts because they will be losing money in the transaction.  Banks will only accept a short sale if they feel they are going to save money by accepting a short sale instead of completing the foreclosure process.

To sell your house fast and stop the foreclosure, contact a local realtor or investor in your area.  In Arizona, contact your local Arizona short sale experts or Arizona short sale realtors to discuss your foreclosure options.

Can I sell my house back to the bank?

Can you sell your house back to the bank?

The short answer is no.  The bank does not want your house.  They want to loan money, they are not in the business of owning real estate and they are not looking to buy your house.  If you need to sell your house fast, contact a we buy houses investor in your area.

If you are thinking about selling your house back to the bank, you’re probably behind on your payments and facing foreclosure or the value of your house is less than what you owe to the bank.  In either case, you have options available to you.  Contact a local real estate agent or investor that can talk to you about your foreclosure options.

One option is a deed in leiu of foreclosure.  Basically the bank will accept the property back.  Most times these are hard to do and most banks are not willing to take the property back.  Again, they do not want your house.

Another option is a short sale.  A short sale is when the bank allows you to sell your house for less than you owe.  Depending on your state and your specific situation, you could owe money to the bank after the sale.  Talk with a local real estate attorney that is familiar with your state’s laws.   If you are interested in an Arizona short sale, contact us to discuss your situation.  We have a team of attornies, real estate agents, and investors that can guide you through the process.

If you are unable to get a short sale completed, you have the option of letting the house go into foreclosure, filing bankruptcy, renting out the house, or continuing to make the payments as long as you can.  The choice is yours but before making a decision, make sure you get all the facts.

How to sell my house fast

8 home selling tips from MSN Money.

• Hire a top-notch sales agent.
• Price it right. The No. 1 thing that will sell a house quickly is price.
• Create an adjustable sales plan.
• Clear out the clutter.
• Offer incentives. Incentives can help shorten the sales cycle, but be careful. Agents are divided on how much they help.”I think it can be a fine line between wanting to sell a house quickly and having it look like it’s a fire sale,” Greenwood says. Roulac, however, believes that adding premiums can help speed a house sale. A popular incentive offered purchasers is closing-cost help. You also can encourage your sales agent: Offer a higher commission for a speedy sale or give your broker show tickets, a meal at a fine restaurant or some other perk if the property moves quickly.
• Don’t get distracted.
• Ask for company help. If you’re relocating because of a job change or company transfer, you may be eligible for home-sale help from your employer or a relocation company representing your employer.
• Rent it.

Our take on these home selling tips

If you’re looking to sell your house fast, it’s not good advice to rent out your house.  Renters will distract buyers and impact the cleanliness and clutter in your house.

If you have the time and cash to list your house with a real estate agent and offer incentives, that is a good path to take.  Choosing to list your house with an agent is a long term contract and provides not guarantees that you will sell your house.

To guarantee that you get an offer, contact a real estate buyer or a we buy houses company in your local market.  You will get a cash offer, typically within 48 hours and many times you can have your house sold in 10 days or less.