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Is a Recession Looming in 2020? How Will it Impact Property Values?
The 2008 recession left the nation crippled with economic disparity. Economic experts, like Robert Shiller, predict that there’s a 50/50 chance of a recession in the coming months. According to a Wall Street Journal poll, 25% of economists agree with Shiller, while more than 50% of all economists polled think such a recession, if it were to happen, will happen in 2020. So, where does this leave home buyers and home sellers across America? Potential home buyers want to know how it’ll affect home prices. For home sellers, however, they may want to re-examine the prospect of selling their properties in the event of another recession if they want to earn top-dollar for their homes. That is to say, a 2020 economic decline will likely bring about a real-estate buyer’s market, at least for homebuyers who can afford it.
The Instability of Banking on Economic Decline
When the economy slows down, fewer homebuyers may look to buy a house because they rather continue renting or stay in their living situation until the economy improves. But what about those who are interested in buying, regardless of an economic decline? They hope to see home prices dropping in the coming months. But claiming that property values will drop amidst a 2020 recession without reexamining past recessions and their effects on home prices is putting the cart before the horse. Though homebuyers enjoyed the largest price drop in history during 2008’s recession, during two, past recessions, home prices did the opposite and increased, as they did after the dot-com bust.
How Economic Decline Might Help The Already Financially Stable
The impacts of a recession are not entirely good or bad for everyone. Recessions impact different generations differently. Millennials, for example, struggle to establish upward economic mobility in the aftermath of the previous recession. Also, they battle historically high student debt. Therefore, a 2020 recession could have disastrous impacts on those who fall under that label. But if you’re in a financial position where you have a steady savings, financial assistance from family members, or a career that’s likely to outlast a recession, buying a home during a recession might make sense.
Those with money saved for a down payment should fare better in a recession. Most prospective home buyers struggle with the down payment. So, alleviating that burden places some people ahead of others, like millennials. Also, during a recession, sometimes unemployment grows. Unemployment could force other would-be homebuyers to either take money out of their savings or remove themselves from the market entirely. With less competition comes fewer bidding. Fewer bidding gives those able to place a bid on a home during an economic decline a slight advantage.
How A Recession Might Impact Homeowners in The West
Homebuyers, surprisingly, may have more leverage to buy a home in the West Coast in the near future. But not entirely because of a looming 2020 recession. On the West Coast, the high cost of homes has been a point of contention for a long time. Therefore, some experts agree that a housing crisis in the West means there could be a correction soon.
Homes in the Bay Area, though more expensive than properties in other areas, have already dropped in price a bit. If a 2020 recession hits, it could create attractive buying options in a California market primed to lower its cost. But again, those already at an economic disadvantage won’t be able to benefit from any slight dip in home prices. And those with student loans or other existing debt won’t be able to engage in bidding wars.
According to the Housing and Mortgage Market Review report from Arch Mortgage Insurance, the housing declines of the Great Recession aren’t typical—even in a recession, so expecting an impact as big as last time isn’t reasonable. “What we found is that the next recession is likely to be far less severe on the housing market than the last one,” Archi MI’s economists wrote in the report. “It’s not that this time is different; it’s that last time was really different from historic norms.”
Therefore, home price declines, if any, will be small in scale.
We Buy Houses in Bakersfield
Authentic HomeBuyer is a real estate solutions company based out of Bakersfield, CA. As a Bakersfield investor and family-owned business, we focus on helping homeowners find solutions to their problems, even in the face of a looming recession. If you’re looking to sell or have questions, fill out your FREE cash offer and see how much your home is worth or call us at (661) 505-9005!
5 Reasons To Sell Your Home During Winter
Have you been following a myth that winter might not be the best season to sell your home? A lot of people say this. Then you need to check out Zillow’s report, which stated an improved 9.6 out of 10 rating and a revised forecast of 8.3% price growth for California.
This means, you really don’t need to wait for ‘Spring’ to put your home on sale. Certainly, there are weather conditions that seem likely a culprit for people being less inclined to go looking for homes. But that’s not the only case. These conditions can work in your favor too.
Have a sneak peek at some of the reasons to start with the selling process right away:
- More committed buyers: Though there will be fewer potential buyers in the market, yet those who are looking to buy a home will be more likely to make a purchase. So, it is a clear win-win.
- Fewer choices make the property desirable: Now, think of yourself as a home buyer. With only a handful of houses available for sale, you will be left with only limited choices. And this increases the odds of successfully selling a home.
- You can ask a higher price: This one is connected to the above two. As there is less competition for you, putting forth a high price will not be a problem. In fact, several studies have shown that houses tend to sell at slightly higher than average during colder days.
- No yard work required: Generally, to add curb appeal, people spend a good amount during the spring and summer months. As the buyers search for beautifully landscaped properties, you need to invest a reasonable amount for the upkeep. But as in winter, most of your plants will be dormant; you can skip off the yard work.
- Faster selling process: Due to reduced inventory in the winter, you are likely to end with a faster sale. On the contrary, the spring market is flooded with competition. Buyers will take more time to search for more number of properties.
Establish a Mood if You Sell During Winter
You want the rooms you plan to sell to appear cozy and inviting in a warm kind of way. How does this get accomplished? A real estate expert will maybe set out some warm coffee or toss some blankets across the couch so that it appears comfortable. It’s important to evoke a sense of summer even if it’s cold outside. Set out some bright flowers or that which requires sunlight to bloom. All these subtle details create a warm environment that attracts buyers.
Contact Us Today
Lastly, if you still find any difficulty selling your home during the winter time, get in touch with Authentic HomeBuyer to finish the deal for fast cash. It’s that simple. We’re ready to give you a fair CASH offer for your house in Bakersfield, CA and the surrounding areas. Call us today for more details on how we can help you sell your home during the winter time.
How to Find a Reputable Real Estate Investor
Most homeowners looking to sell intend to choose a traditional real estate agent. However, property owners are seeing ads online and across town for investors who offer cash for homes. When homeowners looking to sell receive an offer from an investor, maybe one with the promise of a fast close and cash upfront, they become tempted. But before homeowners accept these offers, they should understand how the process differs from the typical transaction. Read on to learn more about selling your home to an investor and how to pick a reputable one.
Reasons Homeowners Sell to Investors
While most people sell their property the traditional way, there are many cases these days that make selling a home to an investor far more ideal. At Authentic HomeBuyer, we’ve not only listed the reasons people choose to sell their home to us; we also have extensive experience in the following areas.
If you’ve inherited a property from a family member but you don’t plan to live in the property for a variety of reasons, you won’t want it to collect dust. Not only can a vacant home invite vandalism, but if you sit on a property in a certain real estate market, you could get in trouble with capital gains taxes. Authentic HomeBuyer can help you alleviate this burden by making you a CASH offer on your unwanted, inherited home.
Relocating or Moving Out-of-State
When you’re called to relocate for a job or some other pressing matter, you normally do not have a lot of time to do so. Selling to an investor can be faster than waiting for the perfect buyer as many investors purchase homes as-is and close within 7 days!
If you’re behind on payments and need to sell your property quickly, an investor like Authentic HomeBuyer might be able to help you. While there are numerous ways to avoid foreclosure, one of the best ways to stop foreclosure is to sell your property before the bank repossesses it. Authentic HomeBuyer has tons of experience sparing homeowners from foreclosure. We can help you make the right choice today!
If your home requires tons of major updates or repairs to regain an attractive appeal to buyers, it may be appealing to sell your home as-is to an investor. Authentic HomeBuyer can relieve homeowners of all the headaches caused by their dilapidated house. The company is willing to give property owners that qualify an offer within 24 hours, which means cash available and closing in one week! Imagine leaving all your home’s repairs behind and moving on with your life. Authentic HomeBuyer can turn this dream into reality.
Divorce settlements require both splitting parties to divide their assets. Therefore, selling fast and dividing proceeds with the help of an experienced and trusted real estate investor like Authentic HomeBuyer is usually much easier and faster for both parties. We want those involved in a divorce to be able to focus on moving on in their lives.
How to Choose a Reputable Investor
Before you go into business with a real estate investor or agent, always check their reputation first. It’s the only way to ensure that the agreements between you and them are legitimate business transactions. We hate to say it but there are a lot of bad people out there who want to intentionally scam others.
Here are some ways to check an investor’s reputation:
- Check for proof of funds and prior deals closed
- Ask around town and gather testimonials
- Research what escrow company they use
- Call the investor’s office and ask for a list of recent purchases.
- Check their website to review their materials. If they don’t have a website, ask the investor directly if they have any materials that support their business claims.
- Read reviews online. Most professional investors have some sort of online presence. If you can’t find anything about them, consider this a red flag.
- Check the Better Business Bureau for warnings.
7 Pros & Cons for Selling Your Home For Cash to an Investor.
To make an informed decision, it is important to learn the pros and cons of selling to a real estate investor.)
Signs like “We Buy Your Houses for Cash” must have caught your attention, especially if you are looking to sell your home.
Or perhaps you’ve approached a real estate investor who buys houses for cash.
But if you are dealing with those investors for the very first time, here are the things that are likely to bother you…
Who are these people? What kind of business is this? Are they genuine? Or there’s the catch?
To make an informed decision, it is important to learn the pros and cons of selling to a real estate investor.
What are the Pros to Sell a Home to a Real Estate Investor?
This is the key benefit of working with real estate investors. They buy your home with cash and close the deal right away within a week. This is quite beneficial, especially if you are looking to sell your home quickly. Mostly the sellers walk away with cash only a few days later.
This way, you avoid costly marketing, open houses and unnecessary delays due to picky buyers.
Selling “as is”:
The investors buy all houses, whether it’s ugly, foreclosed or haunted. Therefore, you don’t have to spend on costly repairs and expensive improvements.
Flexible Payment Options:
You can make a payment via plenty of options like certified funds, cash, and pre-scheduled cash payments. It lets the sellers find a method that meets their needs.
No Risk of Sales Falling Through:
A cash sale also eliminates the potential risk of losing the buyers at the last minute when they can’t make for a loan. Once the cash is in your hand, there’s no backing out or last-minute nervousness. Such cash sales are closed within 1-3 weeks compared to about 4-7 weeks on a traditional sale.
And there are Some Disadvantages as Well…
It is Not a Licensed Business:
The investor may not be a licensed professional.
So you don’t know about the person or the company willing to buy your home. Some investors may be a corporation, but some are individuals acting as a real estate agent. It may bother you as you are not aware of their motive behind the purchase. Do they want to buy your property to resell it for more dollars? You want to make sure that they are not a scam artist. To avoid the risk, search them online and ask for references.
Real estate investors buy the property “as-is”, meaning that they have to pay closing costs, holding costs and taxes. Those costs are often factored into their offered price for your home. So the investor is not likely to pay according to the market value of your home. Usually, they aim for 60-80% of appropriate market value.
Should You Choose a Cash Buyer to Sell Your Home?
So you must have seen both sides of a coin.
Selling a home to the investor is beneficial for a motivated seller. As an added bonus, you don’t need to spend money on home improvements as they buy the house as-is.
We also mentioned some cons associated with this process. You can avoid them by working with a reliable and experienced cash home buyer.
Therefore, make online research and ask for references to make sure that the buyer is not a fraud or the one with an ill motive.
And you don’t need to go anywhere. We at AHB buy houses in any conditions in California without charging you any commissions or fees/obligation. Contact us now to get your home sold quickly for cash!
BAKERSFIELD, California — The Golden State just passed Assembly Bill 1482, a rent control bill intended to help ease tensions produced by the escalating housing crisis across California. The housing crisis has to do with the affordability and availability of homes to 39 million-plus people residing in California. With this new law in place, landlords across the state can only raise their rents annually for existing tenants by five percent after inflation within ten years. Therefore, this law should prevent landlords from raising their rents to hefty amounts, which should ease cost burdens on residents.
Arguments Against The Rent Control Bill
However, some landlords argue that the new bill will add more fuel to the proverbial fire. While some property owners welcome the law, Kevin Oliver, a local landlord, remains stressed out. He claims that he doesn’t know how else to cover rental expenses.
Landlords like Oliver believe that rent control laws will cause some investors to conduct business elsewhere to turn a profit.
According to a quote pulled from Bakersfield Now Eyewitness News, “As landlords,” Oliver said, “I have to look at my bottom line to be able to run a profit.” Assembly Bill 1482 also makes rules more strict regarding tenant eviction. According to a report by Bakersfield Now Eyewitness News, “4,282 evictions were filed in Kern County in 2018, according to the Kern County Superior Court Civil Division. But in 2019, there have only been 2,690 eviction filings so far.”
Many small owners, in Kern County for example, already provide affordable housing and don’t consistently raise the rent; moreover, proponents of the bill fear that once property owners realize that they won’t have the option to increase their rent substantially down-the-line, they will fight back by raising rent more often and in small spurts, instead of one, large raise.
Support For The Rent Control Bill
Governor Gavin Newsom will sign AB 1482 into law sometime this month. Supporters of the bill celebrate its potential to help the people who remain priced out of their communities. Nevertheless, some landlords are grappling with what this financially means for them. Ultimately, the way in which property owners across the state respond to this bill will determine the bill’s success in protecting residents who are grappling with California’s housing market crisis.
Before the bill goes into effect, landlords of non-controlled units can evict long-term tenants from their units. They can even demand eviction, within 60 days, without an official reason. As long as the reason doesn’t break the lease. But starting Jan 1, 2020, landlords covered by AB 1482 will need a just cause. A just cause is a nonpayment of rent or damage to a unit. These just causes will become necessary to remove renters who lived in their units for at least one year.
AB 1482 wasn’t hailed as the best solution to fix the housing crisis in California. However, it was put forth as a small way to stop price gouging and no-fault evictions. Price gouging and no-fault evictions essentially gut communities out to make way for higher-income households.
Backers of the bill within the real estate industry remain optimistic. For example, Debra Carlton, a Senior Vice President of Public Affairs for the California Apartment Assn., expressed that her affiliates wanted to improve affordability for renters and limit financial setbacks for property owners, essentially helping both sides.
According to a recent report by the LA Times, “Carlton said that landlords who quickly remove low-rent tenants are doing what is, “unconscionable.”
Only Time Will Tell
Both renters and property owners see benefits and disadvantages to the Golden State’s new rent control bill. Only time will tell whether such a law is effective at relieving California’s housing crisis or exacerbating the problem further.
Need to Sell Your Property Fast While Living Out-of-State?
You’ve Come to The Right Place
Have you recently been thrown into a huge lifestyle change? Are you the owner of a house where you no longer live? Maybe you’ve curiously turned to Google. You typed a similar phrase into the search bar, “Can I sell my house while living out-of-state?” There are tons of online tips from numerous companies on how to sell a house fast when out-of-state. But can it actually work?
The short answer is a resounding YES!
There are no rules that say you absolutely need to be in the home or in the same state to sell your home. At Authentic HomeBuyer, we know that this is not only possible but that there are multiple ways of selling a house in California and moving out-of-state.
Fast Way to Sell Your Home While Living Out-of-State
There is a much EASIER and QUICKER way to sell your house. When you sell to Authentic HomeBuyer, you can do it in as little as 7 DAYS! We can make the process quick and painless for you, without the costs and stresses of a traditional house sale through a real estate agent.
But first, let’s learn about all the different ways you can sell out-of-state so that you can decide what is best for your situation.
Who Sells Houses From Out-Of-State?
There are many reasons why a person might find themselves involved in the sale of a second home in another state. If you’re selling a house that is geographically distant from where you currently are, you mean be experiencing these commons reasons.
- You wanted a fresh start
- You chose to relocate for your job
- You and your ex are selling after a divorce
- A relative left you the property in their will
- You are getting married and selling the property to live elsewhere with your new spouse
- A family member needs caring for in their home, so you are selling yours to move in with them
Whatever the reason you find yourself wanting or needing to sell your property while you’re elsewhere, there are many things you need to consider before you generate your action plan:
Option One: Real Estate Agent or Broker
Unless you know a reliable real estate agent or broker that you obtained through previous business transactions, or family/ friend referrals, you will have to interview tons of them to ensure you are working with someone you trust.
Most real estate agents or brokers will not charge you upfront fees, but they are paid through the commission on the final sale price of your property. This commission is typically 6% or so.
Additional Financial Costs
- House Clearance
Extreme Issues When Selling Out-Of-State
If you are leaving a house empty for a prolonged period-of-time, you may find vandalism or even squatters. The stresses and financial costs of going through the legal process of evicting some random stranger in your house illegally or cleaning up vandalism are enormous.
Option Two: Authentic HomeBuyer Can Help You Sell Your Home While Living Out-of-State
Authentic HomeBuyer can often make you a fair CASH offer. Best of all, you are NEVER obligated to sell to us or accept our CASH offer. But if you do accept our offer, you can have the cash in hand in as little as a week!
No Real Estate Agent fees or inspector fees.
No contractor fees.
No repair fees.
No cleaning fees.
Enjoy all that saved money and time with Authentic HomeBuyer by your side!
5 Ways to Prevent Foreclosure From Happening
Foreclosure can be one of the most stressful and anxiety-inducing times in one’s life. During this time, late payments can start to accumulate. You realize that there isn’t much time to find a solution. Maybe you don’t even know where to start. If you are in a situation where you’re about to lose your home, do not give up just yet. At Authentic HomeBuyer, we understand that there are many ways to prevent foreclosure.
One of the best ways to avoid foreclosure is to sell your property fast before the bank repossesses it. We have tons of experience in this area, and we are the experts that can help you take this next, huge step so that you can experience peace of mind.
Although the quickest way is to sell your home to us, you should still familiarize yourself with as many resources about foreclosure as you can so that you know you are making an informed decision.
Here are just a few ways you can prevent foreclosure from happening today.
1. Lease or Rent
If you’re about to foreclose your property, you can prevent it from happening by renting out your space for a price that will help you make payments on your existing mortgage. Consider all the fees and expenses needed when you rent out your property like taxes, utilities, insurance, and much more.
2. Mortgage Loan Modification
You can speak with your lender about changing the terms of your loan so that you can work with a monthly payment that’s within your budget. Keep in mind that this option can increase the amount of time you’ll be paying off your mortgage, which could sometimes cost you more money down the road. Always make sure that you can afford the changed amount if your lender agrees to modify it.
3. Repayment Plan
Also, your lender may allow you to repay your mortgage within a repayment plan that helps you get back on track with payments. This option, however, will not lower the total amount owed on the property. Before agreeing to this possible solution, check to see that you can pay more money per month until you are up-to-speed.
4. Short Sale
How exactly does a “Short Sale” work? This just means selling your property for less than the amount you owe on it. Before you agree to a short sale, you should consult with your lender so that you can try to waive any deficiency. Why is this step important? If you get an agreement in writing about your deficiency, they can’t attempt to collect the remainder of the mortgage from you.
5. Sell Your House for Cash
If you can’t afford to pay off your mortgage or existing debt within a payment plan or through some type of loan modification, the simplest option, and the one we most recommend, is to sell your home to us for CASH in return!
Authentic HomeBuyer has purchased countless unwanted properties throughout California. If you have any questions about how we buy unwanted homes in California or how we help homeowners like you avoid foreclosure, don’t hesitate to contact us at (661) 505-9005.
1. Save for Your Down Payment
Bakersfield, CA is a great place to invest in a first home because it’s much more affordable than other cities in the Golden State. Are you a first time home buyer looking to buy a property within Bakersfield, CA or the surrounding area? You’re in luck! At Authentic HomeBuyer, we not only offer cash for unwanted properties, we also recommend tips to first time home buyers so that they can plan smarter, not harder.
Learn How Much You Need to Save
Before you start saving, you should know how much you need to save first. Sit down with a mortgage lender who can tell you how much of a mortgage you qualify for. The general rule of thumb is that your housing expense shouldn’t be more than 28% of your monthly income.
Once you know how much you need to save, start setting aside every extra dollar you can either from work bonuses, tax refunds, gifts, or savings.
The standard down payment for first time home buyers is just 20% of the total home cost. However, if you cannot save that amount, you can always look into first time home buyer programs that will allow you to submit a down payment on a home that’s as low as 3%.
2. Determine Your Timeframe
Let’s say you want to buy a home in the next five years and let’s pretend your first time home costs about $500,000. Take 20% of the total home cost or your down payment ($100,000) and divide that by 5. That means you should try to save about $20,000 a year until you reach year 5.
Naturally, the shorter your timeframe is to buy your first home, the higher your annual savings goal needs to be.
Since saving thousands of dollars a year can be difficult for many American families, especially in Californa which is the second most expensive state to live in the nation, you should separate some room in your budget to ensure that your goal is reasonable. For some folks, that means earning additional income, cutting back on expenses, or a combination of both.
Unless you’re a natural saver, you should streamline your savings procedure by investing in a kind of payroll savings plan. Similar to your 401(k) plan, you can allocate some of your monthly earnings into a savings account dedicated only for your first time home down payment.
3. Check Your Credit Reports
To qualify for a mortgage in 2019, you need great credit and simply knowing your credit score is not enough to pass. You should routinely check your credit reports so that if you come across any issues, you can dispute them early on. To improve your score in preparation for a mortgage, delay opening a new credit account as that temporarily lowers your score as well as pay off as many debts as you can without hurting your savings.
4. Think About The Type of Home You Want
Many first time home buyers shop for single-family homes. However, it doesn’t hurt to look at other home types too. For example, townhouses and condos tend to be smaller but require little to no maintenance. However, before you make an offer on a condo or townhome, always check the HOA cost and the HOA rules, especially if you want to budget a set amount of costs per month and if you have pets or children.
5. Consider Closing Costs And Insurance Fees
Looking at a $235,000 price tag or the average cost of a home in Bakersfield, CA can be intimidating at first. We hate to bring this up but when you buy your first home, you’ll end up paying for more than just the total purchase price.
Closing costs can include property taxes, title insurance, transfer taxes, HOA fees, escrow fee, legal fees, and other expenses. They typically run 2% to 5% of the sale price.
On a home that costs $275,000, closing costs could be as much as $13,000 which is the price of a car in some cases! Remember to set aside as much extra money for these additional costs as you can and always plan in advance.
According to the American society of Home Inspectors, home inspection is,
“A documented, professional opinion of a home-based on a visual evaluation and operational testing of the home’s systems and components to determine their current condition.”
It has been considered as one of the most important part of selling and buying any property. While it affects the value of your home, it is equally useful in defining the scope of negotiation. However, sometimes the inspection results can be full of surprises. For this it is important for you to have a brief knowledge of the process and consequences. Get started here:
Know the Process…
Firstly, it is essential to understand that a home inspection puts everything out on the table. In case, the inspector finds some issues with your house on sale, he will notify the potential buyers about the things that need to be fixed. This means, both good and bad will be clear. In case, you are a buyer, it works well for you. But for the seller, the result might not be favorable always. Reason being, it can represent the list of areas where you need to work on. Basically, it will present the clear picture of behind-the-scenes condition of the property.
Prep for the results…
For those who are looking forward to sell their home, inspections can be scary. Whatever you see on the surface might turn out to be entirely different from what an inspector viewpoint. Hence, you have to be prepared for the worst and hope for the best. It is better to discuss the issues with the buyer in advance before the inspector finds issues and report. Hiding the same can lead to undesirable consequences.
You have options…
What if the inspector uncovers issues in your home? Now you have two options. While the first is to fix the issues yourself, on the other hand the second one is to notify the buyers of the issue and bargain of a closing deal. Of course, there are pros and cons of both the options.
Want to escape from this trouble? You can easily walk away with the best cash value for your home by selling it in as-is condition. Yes, neither you have to spend money on inspections and repair, nor you have to wait for the deal to close. Look for an investor like Authentic HomeBuyer. Regardless of the condition, you can sale your homer now.
Do you know a real-estate agent charge you 6% commission?
This means for a $250,000 home, you have to pay off $15,000 to your agent. Yes, the size of this fee is really huge. Now you must be thinking to be your own seller’s agent, right? It is a perfect idea and just that you need a little more preparation.
If you are planning to be part of FSBO (for sale by owner)process, you have to be extra careful. From choosing those expensive listing for your home on multiple sites to putting it on local listings, there will be so many things to do. But before you start reviewing those websites and other resources, you must understand what you’re getting into. To help you get top dollar for your home, here are listed some helpful.
Prepare it for sale: As you are going to do it yourself, the first step to make the process easy is by making your home sellable. You need to understand that people don’t want to see your clutter. The one who will be visiting it would love to see the clean rooms, and if it has anything which negatively detracts, it can affect your sale. Not only your rooms but also kitchens and bathrooms have to be clean and appealing. Hence, you can be thinking of renovating if your budget allows.
Pro tip: There is no need to paint everything. You can just fix the small patches and make sure that it appears clean.
Ask for a reasonable price: Once you are sure that your house appears at its best, the next task is to set a realistic price. If required, you can consult the help of an estate agent. The other alternates include making market research to know about the prices, inflation, and proper valuations. Thanks to the power of the internet that you can conduct research online and use some impactful tools to evaluate property rates.
Pro tip: You can check on the sold price history and for the future pricing changes.
List the property: Now you have to take care of advertising, pricing, and even the viewings. You can pick some good “for sale by owner” websites and follow these steps.
- Write a description: The price is already set and now you’re ready to show buyers your property. The first step includes writing a few lines about your home. It should be something to help entice buyers through the door. You can mention the interior design skills and much more. Just avoid lengthy narratives.
- Add best photos: The images will play a major role to market a home. You can promote property by adding is some of the best pictures of your home. It can be something showing the fixtures and fittings. Or it can be about the beautiful living area, whatever you like to present.
- Advertising: Besides, those home selling websites you can look for some other options. Facebook and Twitter can be helpful to reach a mass audience. And you cannot overlook the traditional methods such as advertising in your local paper.
Following the above stated tips, you can be confident enough that you can sell your home without an agent. After all, you have to save the commission. However, this will call for lot of homework and can be very frustrating at times.
Want a safer option?
Look for an investor who can buy your property in as-is condition. The best part is they don’t charge any commissions, meanwhile providing you the cash in minimum span of time.
Get Your FREE Fair Cash Offer!
All offers are made based on the information you provide so it is very important that you fill out the form completely and accurately, so we can provide you with the most realistic purchase price for your home. If you have any additional questions regarding the process or to discuss your home sale, feel free to call me on my cell at 661-505-9005.