Why Sell My House to an Investor ?

Why should I sell my house to a we buy houses real estate investor?

1. Sell your house fast.  Most people who try selling their house themselves or through a real estate agent find that it is anything but a “fast” process in most cases. Unless you are willing to sell your house at a significantly reduced price, in many markets you could find yourself waiting 3 to 6 months before you accept an offer.
On the other hand, a we buy houses investor with private funds can often close a house purchase in 7 days or less.

2. Offers flexible to meet your needs.  If you need to close quickly, that can be arranged.  If you want cash all at once or a monthly cash flow, an investor can do those, too. Investors can also make up past payments and take over current payments to immediately relieve any financial burdens.

3. Investors buy any house, any condition, any reason.  Investors might buy someone’s house when no one else will. In many cases investors buy houses that have fire damage, termites, mold, foundation problems, roof problems or need major repairs. Houses with these conditions scare most buyers and real estate agents hate listing them because they know such houses are hard to sell.

4. You do not have to pay real estate commissions to a Realtor.

5. No need to make any repairs to your house to get it to sell in almost all cases the investor will buy your house as-is.

6. A real estate investor can help in any of the following trying situations:

• Behind on Payments
• Need to sell quick
• Moving/Relocating
• Job Transfer
• Divorce
• No Equity
• Facing Foreclosure
• Disability
• Bad Tenants/No Longer want to landlord
• Home needs repairs
• Pre-foreclosure
• Listing Expired
• Inherited Property

We encourage you to investigate all avenues of getting your house sold in the way that best meets their needs. If you decide that working with a we buy houses real estate investor to buy your house makes the most sense, then contact a local investor that is more than willing to help.

Selling a house that needs repairs

Should I Fix Up My Home or Try to Sell My House As Is?

Selling my Home in As Is Condition

Is the house is need of major repairs?  Can you afford to fix up your house and still have room to sell without being under water and requiring to short sale my house?  These are questions you have to ask yourself.  If you cannot afford or don’t want to fix up your house, you can usually contact a “we buy houses” company in your area that will make a cash offer and take care of all the repairs.  These companies specialize in buying ugly houses or handyman specials, fixing them up, and reselling them in brand new condition.  This is a great way to sell my house fast.

Do Home Buyers Want Fixers or Fixed Up Homes?

Some buyers are looking for a fixer upper that they can put their own finishing touches on, while other buyers are looking to find a home that they can move into and have no work needed.  It depends on your area and real estate market conditions.  Most fixer buyers are willing to do simple repairs such as paint the walls, put in new carpeting or replace light fixtures. They typically don’t want to rebuild a foundation or move walls.

Before Fixing Up Your Home

Weigh the cost of  improvements against the home’s market value after the repairs or upgrades are completed. If an upgrade won’t return the investment, such an improvement might not be worth it. Before you decide to lift the roof and install skylights in the master suite, realize that kitchens and baths are where most buyers spend their time.

Here are 10 minimum improvements to make before selling your home:

• Patch all holes and cracks in walls and ceilings.
• Fix all broken appliances and HVAC systems.
• Repair leaky faucets.
• Replace worn carpeting.
• Repaint dark or marred walls with neutral paint (not white).
• Replace broken windows.
• Repair the roof.
• Change out dated light fixtures / ceiling fans.
• Replace old linens / window coverings.
• Fix code violations.

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.

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.