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Finding creative ways to sell your house
When you are ready to sell your house, you may notice that the days of getting multiple offers and selling a home within a few days of listing it on the market have past. A consistent trend in home sales has settled in across the country. More and more properties are sitting on the market for months at a time waiting for prospects. If you think getting a real estate agent to sell your home will guarantee a better result, think again. You want to sell quickly? Then you are going to have to get creative to sell your house.
Prepare to sell your house below market value
If you need to sell your house quickly, you need to prepare to mark the selling price below market value. In order to move your property quickly, you will probably need to sell it at a lower price than other homes have sold in your area. Make sure that you do check out comparable homes for sale in your area first. This will help you price your house correctly.
Once you have decided on a sale price, start advertising the sale in ways that will really stand out against the competition. Say things in your ads like "zero down", "below market value" and "pay no closing costs" to get the attention you need to sell your house.
Another creative way to sell your house is by offering buyers something extra when they buy your home. Many people are throwing valuable items in along with the sale of their home. It's not unusual to see owners adding a car, RV, plane tickets or other enticing offers to seal the deal.
Auction your home for sale
Your mortgage company will end up selling your home at an auction if you fall into foreclosure. However, if you really need to sell your house, you can list your home to be sold at an auction on your own. The process is pretty straightforward. You sign a contract with the auction company to sell your house. They will immediately launch an aggressive marketing campaign for six weeks. During the six weeks there will be ads in local and regional newspapers, postcards and mail brochures. After the auction is complete, you will close on the property within 30 days. An auction sale is a cash transaction, which could be another incentive.
It's important to read the contract carefully to find out what fees you will be responsible for paying to sell your house through an auction. For example, you pay the marketing costs to sell your house. Also, some auctions allow you to set a minimum price that will be accepted as a bid, others do not.
Real estate investors
Sometimes you need to sell your house fast because of reasons beyond your control. Maybe you need to relocate for a new job, or you just can't keep up with the monthly payments any longer. Under these circumstances you should consider consulting with a real estate investment company. Real estate investment companies are able to move very quickly to buy your home. In fact, some investors may even be able to close on your home within a few days. Because Investors deal with private funds when purchasing a new property, they can even pay you cash for the total sale of your home. One of the best things about deciding to sell your house to a real estate investor is that they will buy your home in its current condition, so you save time and money that would be spent fixing it up.
Sunday, April 23, 2017
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