May 4, 2008
This article is to inform home owners of the best way to sell their house given the current real estate market. Everyone knows by know that the real estate market is very slow and anyone who wants or need to sell a home has a very large task ahead of them. The problem is some people need to sell their house, not just want to.
If you are a home owner and need to sell your house for what every reason you do have options. You see, I know that life happens. There are many life changes that can turn your house from your largest asset into your largest liability. If you are going through life changes like, loosing your job, need to stop foreclosure, needing to move out of state, going through a divorce, receiving a home through an inheritance, or any other life change that results in you needing to sell your house, then contact your local home buyer.
Local home buyers are real estate investors who buy houses quickly from people who need to sell them quickly. Many people make the mistake of assuming that real estate investors all need to get large profits from home sellers. This is not true. Even if you own more for your house than what it is worth, you can sell your house to a real estate investor.
Yes, even if you owe more for your house than what it is worth you can sell it. Have you ever heard a real estate agent say that they would buy your house. probably not. Real estate agents are compensated by home sellers paying them a percentage of the sale price of your home. Well if you have no equity how can you pay a real estate agent. That is why if you have no equity you need to contact a local real estate investor who is fluent in short sales and will buy your house.
A real estate investor who is fluent in short sales will negotiate with your lender and buy your house for what you owe. You can walk away from your house after the short sale and not have a nasty foreclosure on your credit. Foreclosures last 10 years on your credit you know. That means not being able to buy another house, cars, getting credit cards, etc. When you finally convince a company to lend you money you will pay a higher interest rate because you have a foreclosure on your credit.
So, you only need to due one thing to get the process started. Complete our home seller form and we will get you in contact with a professional home buyer in your area. You definitely need to make sure you work with a professional. Don’t make the mistake of calling those we buy houses signs on the side of the road. Work with a professional and you will have a very good change of selling your house fast.
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Posted by Shaun G.
May 3, 2008
Home prices in Las Vegas have dropped by over 22 percent in the last 12 months. Each and every month it seems there are more banks taking back properties through the foreclosure process in Las Vegas. That means there are hundreds of people who will have a foreclosure on their credit report which will have devastating affects to their life. Many of these people are saying, how can I sell my house in Las Vegas.
If you are from Las Vegas than you know the hard situation you are faced with. Your home has lost enormous amounts of value and most of you probably owe more for your house than what it is worth. You can not afford your house so you know you need to sell it, ,the problem is who do you sell to?
Well believe it or not there are still people who are buying houses in Las Vegas. Many people do not know that professional home buyers or real estate investors buy houses throughout the country, even in the hardest hit areas like Las Vegas. Home buyers are real estate investors who some times buy properties and hold for long term investments.
If you owe more for your Las Vegas house than what it is worth then you should consider selling your house to a professional home buyer. They will negotiate with the bank to get your name released from the mortgage and complete a successful short sale. This way you will not get a foreclosure status on your credit report, which will save you lots of money and hassle in your future.
Just this year there have been more than 155,000 houses lost to foreclosure. That is an enormous amount of people who either did not put effort into finding a home selling solution or did not know that professional home buyers can help solve complicated real estate situations. There is no reason people should loose their house to foreclosure. Banks will negotiate payoff amounts so you can sell your house.
The problem is many real estate agents and home owners try to conduct short sales themselves with no experience. This can be devastating to all parties involved. If you have never conducted a short sale do not start now. You need to contact a local home buyer who is a professional, knows the short sale process, knows what is required from the loss mitigation department, and knows how to negotiate, if you have any chance at success.
So if you own a Las Vegas house, or any house for that matter and are near foreclosure, or need to sell your house for one reason or another, do not give up. Contact your local home buyer and get a free consultation on your home selling options. There is no charge for any services provided by professional home buyers so you have nothing to loose.
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Posted by Shaun G.
May 2, 2008
The 2008 first quarter results are in and they do not look good. Foreclosures are up 23 percent from the first quarter in 2007. This marks record foreclosures across the nation. Now one in every 195 house holds is in some sate of foreclosure.
We are only four months into the year and already over 156,000 home owners have lost their homes to foreclosure. The real scary thing is that the foreclosure rate is not slowing down, it is actually speeding up. This means we will see more foreclosures each and every month. There were only 4 states in the nation that did not have increasing rates of foreclosure.
So where are the hardest hit areas? Nevada, California, Florida, and Arizona top the list with the largest amount of foreclosures and the trend does not look to be slowing anytime soon. One out of every 54 homes in Nevada is in a sate of foreclosure. This is amazing considering they are still one of the fastest growing cities in the nation. Many people moving to Las Vegas and other areas of Nevada are renting until they see the market bottom.
Many people are wondering if the newly passed government programs created to help stop those falling into foreclosure is helping. Despite all the effort the government has been putting into new bills and laws to help stop the foreclosure nightmare, it just does not have a chance against all the default loans. It is like sending trying to stop a freight train with one box car. The laws that are being created are taking time to create and are only helping a few home owners. They have no chance stopping the foreclosure momentum.
Even more disturbing is the fact that over 360 billion dollars worth of mortgages with adjustable interest rates is going to reset in 2008. This is only going to increase the number of foreclosures across the nation.
So what can you do if you live in Las Vegas, Stockton California, Detroit, or any other area and you are starting to loose your house to foreclosure. There is a simple and easy answer, sell your house. Now you might say, easier said than done right? Well it is in fact that easy. Even though there are not many home buyers looking for houses you still can sell your house.
The best way to sell your house if you are falling behind on payments or see the foreclosure monster coming your way is to contact a local professional home buyer. You see, there are many ways to sell houses and professional home buyers make a living from helping people sell their house, at no cost to you I might add.
Even if you owe more for your house than what it is worth, you can sell your house. Local home buyers will work with the banks to release the loans against your home and they will buy it from you, all this at no out of pocket expense. The problem is many people do not realize that professional home buyers exist, they think the only way to sell a house is through a realtor or for sale by owner, not true.
So, if you need to sell your house to stop foreclosure contact your local home buyer and receive a free offer on your house today. If you contact them today you could have an offer on your house within 48 hours. They can explain to you your home selling options and possible solutions. Then you just choose the right one for your situation.
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Posted by Shaun G.
April 29, 2008
When needing to sell a home many people want to know the least expensive way to sell their house and if they can possibly sell it at no cost. Well the answer is yes, but there is only one way.
When selling a home there are typically three ways to sell, FSBO, with a real estate agent or to a professional home buyer.
If you sell your house FSBO you will have out of pocket expenses. You will have to come up with money to get your home in good condition, money to marketing your home which includes, signs, flyers, placements in magazines, placement in news papers and so forth.
If you sell your house with a real estate agent you will obviously have to pay for their services, after all who can work for free. The typical real estate commission charged to home sellers is 6 percent. Depending on your homes current condition your real estate agent may want you to spend some money up front to fix up your house.
The one way to sell your house for free is to sell it to your local home buyer. Local home buyers are professional real estate investors who are always looking for ways to increase their real estate portfolio. They can buy your house quickly and with cash if needed.
The great thing about selling your house to a professional home buyer is that you have no out of pocket expenses. You do not have to fix your property up or market your property. Another large benefit is that you can have your house sold in a matter of days, not months like you would have if selling your home another way.
So if you are need to sell your house quickly in this slow real estate market and do not have the money to market it yourself, get a free offer from your local home buyer. They have home selling options for people in all home selling situations. They can help you stop foreclosure, sell your house quickly because of divorce, pay cash for a house that needs work, or buy a home because you are moving out of the area.
You can get in touch with someone who wants to buy your house by completing an online home seller form. You should receive an offer with in 48 hours and have no obligation to accept it. So, even if your home is over financed and you can no longer afford the payments you should contact your local home investor, you have nothing to loose.
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Posted by Shaun G.
April 28, 2008
Lets face it, the real estate market has changes and many of you got caught with high mortgage payments and now have a house that you can not sell, or can you? When the real estate market slows, the demand for houses goes down and appreciation stops. The majority of home buyers wait on the side lines for the real estate market to come back around.
If you own a home that you can not afford then you need to sell now, not a few years from now when the home buyers decide to buy. Well know that you still do have options. One great option to sell your house now, is to sell it to a real estate investor and then rent it back. Yes some real estate professionals do buy houses and then allow the home owner to rent it back.
The sell and rent back process is fairly simple actually. If your home qualifies then you sell your house to a professional home buyer, keep living in the house, pay rent, and if you decide you want to purchase the house in the future you have the option to.
The rent back option is great for home owners who are over extended and can not afford their mortgage payment. Possibly they purchased a home and now their mortgage is adjusting and they can not afford the new payment. Just contact your local home buyer, ask them to buy your house and let you rent it back. If your home selling situation works for the real estate investor then you will have no problems.
Another great thing about the sell and rent back home selling option is that you can find out if your selling situation qualifies quickly and painlessly. All offers by professional real estate home buyers are no obligation offers which means you have nothing to loose.
Who knows, you could sell your house this month, get your finances in order and buy back your how in a few months. Like I said the process is simple and can be done quickly. Besides, when the offer is a no obligation offer, you have nothing to loose.
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Posted by Shaun G.
April 28, 2008
Given the recent decline in the real estate market many home owners are wondering how their homes value is holding up and how it has been affected.
Now days there are great ways to tell your homes value but you have to know which ones you can trust, which ones are accurate, and which ones are quick and easy.
Here are the fastest and easies ways to find out what your house with worth if you were to sell it today.
The best and fastest way to find out what your property is worth is to complete a quick online form to receive an offer from your local home buyer. Many people do not realize that local home buyers exist in every major metropolitan area across the United States.
The easy online form will take you less than 1 minute to complete and is very quick. Once you complete the online form your information will be forwarded to a professional local home buyer in your area that is very knowledgeable with your local real estate economy. You will typically be contact within 48 hours to give you details on how much your house is worth if you would like to sell it today.
The offer you receive is a no obligation offer and all your information is confidential. Most often attached to the offer will be a market analysis showing houses that are similar to yours that have sold in the last 3 months. If you want to know your homes sales price would be if you sold your house today, contact your local home buyer and receive a free offer.
Many people like to find out what their house is worth by driving their neighborhood to see how much their neighbors are selling their houses for. The problem with this method is every house is different and most people make the mistake of looking at active houses on the market for sale.
When you determine your homes value you need to consider what homes have sold for in the past, not what they are currently on the market for today. Many times the asking sale price of a home is not what the home actually will sell for. Especially in this real estate market where home buyer are offering low ball offers to see how much of a discount they can get.
Another way people try to determine the value of their house is to look up their tax assessed value of their home. The value of the home is based on two numbers, the land value and the home or structure value. Many tax assessors estimates are not accurate and are either over or under estimated.
If you are wondering how can I sell my house and you need to know how much your house is worth, contact your local home buyer. It is the fastest and easiest way to determine your homes value with no obligation or effort.
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Posted by Shaun G.
April 23, 2008
It is happening again. Every three to five years the real estate market goes through another cycle and pessimism creeps into many. When the market is going down is it mostly caused by demand for new houses falling. The continuation in falling housing prices changes the psychology of home buyers so they stop buying. This process further decreases home prices and the real estate market.
Recent surveys by many consumer groups are reporting that consumer confidence is decreasing, foreclosures are rising and homes fore sale are sitting on the market longer. This all plays into the psychology of home buyers. People do not want to purchase a home if the value is going to continue to decline.
So, what does this mean for the average home seller? Well if you do not have to sell you are in good shoes. You can wait for another two to five years for the market to bottom, then wait for another three to five years for the market to come back up, then sell. So if you can hold out for seven or so years in your current home, you are in ok shape.
The major problem is life happens and for what ever reason people need to sell their house. Could be divorce, lingering foreclosure, job relocation, family issues, ready to cash out of an investment, health issues, the list goes on.
For those home owners who need to sell, you are in a harder home selling situation. You can not afford to wait for seven or so years for the real estate market to come back around. The good news is there are still ways in this slow real estate market for you to sell your house and move on with your life.
It doesn’t matter if your home is over financed or you have lots of equity. There are still home selling solutions that can solve your particular selling need. The first question you are probably asking is how can I sell my house if I have no equity. Well for this reason professional real estate investors exist in every major city in the nation.
Professional real estate investors exist throughout the country to solve complicated real estate problems. Yes they do have to make a profit to keep their business running but that does not mean they are going to steel your house. Many professional long term real estate investor just want to add to their real estate portfolio and hold properties for long term.
As a home seller in this real estate market I know you have other questions like how do I find out how much my house is worth, or how much is my property worth?
Well, probably the largest benefit from contacting your local real estate investors or home buyer is to find out how much your house is worth with no obligation to sell your house. In fact you can input your information over the internet and receive a home value and offer in less than 48 hours.
So the first step in find a solution to your home selling need should be to contact your local home buyer who is an active buyer in your neighborhood to determine your best selling solution. They will give you a free, confidential, no obligation offer for your house and you will know how to move forward.
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Posted by Shaun G.