Americans are all too familiar with the down market. Houses are on sale for a year or two collecting dust, costing you money, and in the end creating an empty scenario. Elvis Presley is still alive and kicking. Realtors who try to say their local market is silent, that the sky is orange, and that Elvis Presley is still alive and kicking. See where I'm getting at?
The truth is that every portion of this nation we call America has been affected. Sure maybe your house has not drastically dropped in value, but I can still bet the buyer's pool in your area has shrunk. If there are not many buyers out there qualifying for loans, then how can they buy your house? They can not.
When time is an issue? Well, I believe the best way to sell in today's market is by doing it yourself. Contracting with a Realtor is not possible because of the average house sits on the market for 6-12 months until sold. This just does not cater to the people who are motivated to sell their homes fast. These sellers may be in a situation where they need to relocate for a job, or they may inherit the property and they do not want to make two mortgages. Who can blame them for wanting to sell fast?
A "For Sale By Owner" is basically the middleman, the real estate agent, and in the end saving yourself on commission fees. This will allow you to market the property the way you want. You are in the driver's seat, and you do not have to be pressured by an agent. Or not the agent wants to make less on their profit.
OK so you can help yourself? It's quite simple. All it takes is for you to do a quick search on Google.com. For the most part these people are investors. Investors can buy their house with cash, cutting out the bank and saving time in the end. They want to get their funding through a third party. Generally speaking, this cash loan is approved within 14 days. Sometimes it may take 1-3 days for approval. What does this mean for you? It means that there is a good chance that you can close on the house within a month. The investor wants to make sure the title is free and clear of any liens or judgments, but that's in check, and the inspections are in order, then there's nothing left to close on the house.
Will investor buy my house if there is a lot of repairs needed? YES! If anything is going to make the difference, the house because most investors are in the business to rehab properties. No offense, but they want to be outdated and an eye safe. That's another reason why investors are looking for a house in any condition.
I think the word gets out, more and more people are going to use the investor option rather than the real estate option. The internet is one of the most invaluable tools at your disposal. Use it to advertise. Use it to reach a large audience of people. It's right at your fingertips. Now just use it to your advantage and sell your home!
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Source by Dylan Michaels