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May 18th, 2012
A homeowner puts his home on the market. It sits there for months without moving. Then, he begins to question the whole experience. Why isn’t my house selling? The longer it sits on the market, the angrier the homeowner gets.
This is actually a normal occurrence, especially in the last few years. With the economy up and down and up a little and then back down, no one can really adjust or cope long enough to even think about buying or selling a home. There are also a ton of short sales and foreclosures on the market forcing lower property values on everyone. Getting the full amount on your home sale is virtually impossible.
The longer your home sits on the market, you may begin to question the validity of selling your home and the value of your real estate agent. If your home hasn’t sold in six months, it may be time to ask yourself a few important questions.
Is my real estate agent trying to sell my home?
The truth is your agent doesn’t make any money unless he sells your home. However, some agents don’t really know how to sell a home. They list it and consider their job done. In a tough real estate market, that cannot be where the real estate agent’s work ends. Has the agent been keeping in close contact with you? If not, it is time to consider moving to another agent. Chances are if there is no status change or no buyers coming by, your agent isn’t doing enough work to sell your home.
Where is your home listed?
Putting your home in the public eye is going to sell it fast. It should be on the MLS. In addition, it should be listed in every available real estate magazine, posted on flyers in all of the surrounding communities. Your home should be posted on social media pages and the real estate agents website. In addition, the online, local, and penny newspapers should also have information and pictures of your home. There are a ton of places where your home can be listed. If your home is only in one or two places, your home is not going to sell quickly.
Did you stage your home?
Studies have shown that professionally staging a home will sell it fast every time. In fact, homes that have been on the market for a year or more have sold within weeks of being professionally staged. The cost is not as expensive as lowering your price, and it allows the buyer to fell and see the potential of your home.
No one wants to get a new real estate agent, but they also don’t want to have a home they can’t sell. For more information on selling your home fast, call or visit us at WeBuyUglyHouses.com. We are the nation’s number one home buying franchise with over 15 years of experience in the business. We specialize in buying as is homes. Our company closes within a week, and we always pay our sellers cash. For more information on how to sell your home to us, call or visit us today.
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May 7th, 2012
Unoccupied homes cause major issues for everyone in the neighborhood.
Dallas, Texas – We Buy Ugly Houses has spent the last 15 years rescuing homeowners from poorly maintained and unwanted properties. Over the years, there is one type of property that has been a major concern for neighbors, owners, and businesses…the vacant home. An empty or vacant home can cause lots of problems.
The longer a home sits empty the lower the property’s value slips. The lack of desirability and interest decreases the home’s value. In addition, the longer the structure sits empty it slips into disrepair and disarray. This can cause multiple problems later when the owners sell their home.
Although a property is unoccupied, the homeowners must still make payments on it. This includes paying the mortgage, utilities, insurance, and property taxes. If the taxes are not paid, the local tax assessor may put a tax lien against the property. This must be paid in full before the property is sold or the tax lien is sold to someone else and the property seized.
Vacant homes must have proper utilities running. Even though the home lies dormant, it must be heated in the cold months to keep the pipes from freezing. In addition, water must flow through the pipes regularly to keep the pipes flush and to avoid rusting.
Vacant homes must also have insurance on them. This isn’t necessarily to replace problems on the property. Rather, it is to help protect the homeowner in the event of liability incident. Not all insurance companies cover vacant homes due to the problems that may arise when a property isn’t properly monitored. Homeowners must be diligent and stay on top of the insurance issue or else they may find themselves facing a major liability lawsuit with no backup.
The main reason insurance companies do not like to insure a vacant home is the increased possibility of vandalism. An unoccupied home is like an LED sign that says, “Rob me!” Empty houses are known to be stripped of their copper wiring, air conditioning units, building materials, etc. The vandalism often leaves a vacant home with broken windows, doors, shelves, and counters. To avoid the problems associated with vacant homes, homeowners should try selling their property to a professional home buyer or real estate investor.
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
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May 4th, 2012
A well laid out home allows buyers to visualize and dream what the home may look like with their belongings in place.
Dallas, Texas – We Buy Ugly Houses has bought and sold homes in every condition. From experience, We Buy Ugly Houses knows it’s not just the cleanliness or prettiness that will sell homes fast. A well-staged home gives the homeowners an edge over their competition and helps them to sell their home fast.
A stage home is one where the furniture, lights, paint, and fixtures have been selected, designed, and relocated to show off the best features of the home. Each room is carefully arranged to make it look bigger, brighter, and more interesting. In addition, the space is broken into usable smaller sections. These groupings help to define the space throughout the room without making it look cluttered or overwhelming.
The National Association of Realtors has found that the average home staging brings in an extra 8 to 10 percent return on a home sale. This is due to the vision that home staging gives to the potential buyer. Empty homes are hard to imagine belongings in. A staged home helps buyers to see spaces as they could be. This increases the chances of a potential buyer finding the home a perfect match.
A neatly staged home stands out from the competition. Very few individuals stage their home for sale. Even fewer professionally stage theirs. While surrounding homes may sell, a home staged by a professional will sell quickly, and usually it sells for a much higher price than the competition.
Besides selling a home quickly, home staging has other potential benefits. In some places, the cost of professional staging can be taken off the capital gains tax when homeowners sell a home. In addition, professional home staging gives homeowners peace of mine. Their home has been put into good hands, and those worries are taken care of.
Just remember if a home is going to sell quickly, it must be staged well.
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
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May 1st, 2012
Homeowners that fail to move their first home prior to purchasing another put themselves in the position for future failure.
Dallas, Texas – With the successful purchase of over 50,000 homes, We Buy Ugly Houses has rescued many homeowners that have gotten themselves into a dilemma. Usually, they have bought a second home before they sold their first own. This kind of poor planning leaves homeowners at risk of major problems.
Not selling the first property before looking for the second one leaves homeowners limited in their purchase options. Few financial institutions will lend multiple mortgages to homeowners. Thus, financing both properties becomes quite a debacle for homeowners.
Few sellers are willing to coordinate the closing of their property with the closing of the buyer’s property. The home sale contingency in the buying contract is likely to scare off home sellers. Many home sales have fallen through due to lack of the buyer’s home selling in a timely manner. This leaves the waiting seller putting the home back on the market.
Some sellers will accept contingencies in their contract. However, they may not accept a poor down payment on the property, neither may a bank. Trying to buy a second home before selling the first one severely limits the amount of money available to put down on a second property. Most homeowners use the money from the sale of their home to help pay the down payment for their new home.
Luck does happen. If by chance a second mortgage comes through, most homeowners will have a difficult time being able to afford the mortgage, property taxes, and insurance for two properties. Since selling a home can take up to a year in a poor real estate market, which leaves the homeowner liable for up to a year’s worth of double mortgages. This leaves the homeowner at risk of severe financial strain and the possibility of losing not one but two properties.
There is the chance that a homeowner cannot afford both mortgages or doesn’t get approved for a second one. In this case, the homeowners will do just about anything to sell his home in time to close on the new home. For many homeowners, this means slashing prices and promising the sky to anyone that looks at the home they are selling. This may sell the house, but it also puts a lot of pressure on the homeowner to make up the financial difference.
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
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April 30th, 2012
Newbies to real estate experience lots of difficulty when they buy a new property preceding the sale of their first place.
Dallas, Texas – We Buy Ugly Houses has bought and sold over 50,000 houses the last 15 years. Through their vast customer service experience, they have firsthand knowledge of the consequences sellers face when trying to balance two houses. That’s why We Buy Ugly Houses highly encourages homeowners to sell their home before they look for a new one.
Selling a home takes a lot of time and effort. A homeowner will put in massive amounts of time trying to prepare, market, and sell his home. The stress a homeowner is under during selling his home is massive. When he is trying to buy a home and sell one at the same time, it’s immensely more stressful. By performing one transaction at a time, homeowner’s turn their situations into more manageable ones.
The time it takes to sell a home is unpredictable. Some homes sell within days of being placed on the MLS. Other homes take months, even years before they are picked up by a buyer. If an individual waits until he sells his first home to look for a new one, he eliminates trying to juggle two mortgages, property taxes, property insurances, etc.
Homeowners that sell their house before they buy a new one avoid becoming landlords. Homes that are sitting vacant are not helping their owners pay their multiple mortgages. After a while, the owners place the first homes for rent or lease to own. This way at least the owners have help paying for some of their monthly expenses. Unfortunately, it also limits the owners’ ability to sell the home during the duration of the lease.
Homeowners can save themselves a lot of trouble, money, and stress by selling their home first. Home buyers and real estate investors can help make the difference if time is a major factor. These professionals usually buy homes quickly, and their clients are able to move on to their next property.
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
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April 27th, 2012
Everyone knows that the downtown area is the bustling center of city life. It is usually filled with an amazing assortment of shops, restaurants, and homes. If you want to live large, the downtown area is where you want your home. If you have been considering selling your home to move to the city, now is the best time. You’ll be able to take advantage of all that the city has to offer.
Be in the Action
Living in the downtown area means you are in the middle of all the action. Most visitors to the city do not get to take part in all of its exciting opportunities. They miss the events at the park and the concerts at the theatre. They miss the live bands every night at the coffee shop. Outsiders only get to see what’s there when they drive in. You get to take part all the time! You’ll never miss another exciting opportunity again if you sell your home and move to the city.
Cultures are Prevalent
Ever wanted to try something from a new culture? Most of the time, suburban life does not offer opportunities to experience multiple cultures on one street. In the downtown area, there are often five or six different cultures in one city block! Imagine the stores, the sights, the tastes, etc. that you could experience. By living in the city, you could try a different culture every day or at every meal. In addition, you get to meet and enjoy the company of people from these cultures. You’ll be able to learn from them.
Relatively Affordable
The largest complaint most people have is the cost of everything. With prices mounting, any one would think that city or downtown living would be astronomical. That isn’t so. Many times the price of gas in the city is lower or at least comparable to that in the suburbs. Grocery prices are usually lower than that of the suburbs or comparable. Many distributors give better prices to the city since that’s where a larger amount of product is moved. Rent and housing prices may be more, but the value of the property is also high. If you were to buy and later sell your home, you would stand a better chance of making money off the sale simply due to appreciation. With everything in close proximity, you would save on transportation costs, like fuel, insurance, etc. In major metropolitan areas, you wouldn’t even have to have a car due to the public transportation!
If you have sincerely considered cutting your costs, getting some culture, and getting in the middle of the action, now is the time to sell your home. The fastest way is to call us at WeBuyUglyHouses.com. We buy ugly houses and pretty ones too! Our 15 years of experience allow us to close within a week, and we always leave you holding cash. For more information on selling your home fast, call or visit us today!
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April 26th, 2012
Over the years, there are many occasions that arise that may cause you to want to sell your home. The reasons can vary widely from family reasons to financial ones. There are some occasions that may require you to consider selling your home to a real estate investor. Before you waste another moment in contemplation, take a gander at some of these reasons for selling your home.
Employment
We all have to have jobs to pay our mortgage payments. That’s why Employment is one of the largest contributing factors to selling your home. Sometimes, your job or the government transfers you to another location. Other times, you retire and wish to relocate to something smaller and more affordable. The third reason is you are terminated from your position. This is one the biggest reasons people cannot pay their mortgages or other bills.
Family
Your family is the second most important category contributing to the sale of your home. If they are sick or aging, you want to be closer to them. To be able to afford college, you might sell your home to help your kids pay for it. While they are little, you may sell your home and move to a better school district.
There are times when you don’t want to be close to some of your loved ones. Suring times of separation or divorce, most shared properties are sold to split the equity between the two primary occupants. It doesn’t matter if it is a boyfriend or a husband; properties are sold and split the same way.
When family members pass on, there are often properties that are inherited by someone. These may be regular properties or investment properties. However, not every inheritor has the time, patience, or knowhow to maintain these properties. That is why many of these inherited properties are sold.
People Problems
Try as you might, no person is perfect. However, your neighbors can be far from it. That may drive you absolutely crazy. If this is your case, you can sell your home and move to a new location. Unfortunately, if your home is a rental property, this situation is a little harder to handle. Most of the time, the problem people are the tenants. You have to evict your tenants which can be months of lost income. It’s made worse if those tenants are your family members. By selling those properties, someone else can handle your poor tenants and family members.
Before you sell your home, call or visit us at WeBuyUglyHouses.com. We are the nation’s number one home buying franchise with over 15 years of experience buying andselling properties. We are known for our quick closings, and the fact we give you cash at closing. Call us today to sell your home fast.
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April 25th, 2012
It’s hard to believe it, but most homeowners are not alone in their feelings of worry, fear, etc. When problems arise, everyone feels desperate. Sometimes that happens with jobs, family, and other people problems. This is more readily seen when it comes to financial problems. This category leads to feelings of desperation. If you are experiencing financial problems, it is better to sell your home now.
Foreclosure
Most of the time this category is filled with people in desperate situations. For one reason or another, they cannot make the bills, mortgage, etc. Property values and interest rates have gone up or the mortgage payment has increased. Everything keeps mounting until it becomes too hard to make the payments. These homeowners want to avoid foreclosure by selling before or during the foreclosure process. This allows them to get more for their home and pay off a greater portion of their loan.
Moving
Sometimes ugly problems don’t rear their head until you need your finances for something big… like moving. Most people cannot afford to make one mortgage payment let alone two every month. It makes selling one of the homes a necessity. Some people cannot qualify for a loan on their next home until their first home sells due to a lack of perfect credit and bank paranoia. During these times, selling your home quickly will allow you to avoid the whole embarrassing bank qualification failure.
Loss of Value
No one wants to consider their biggest asset a loss. Unfortunately the way the real estate market has gone up and down has gotten many homeowners scared. Many want to cash out or sell their properties. This is to prevent losing any equity or investment money in their properties.
Unsalable Properties
Sometimes, homeowners have a property that only they can love. It may be due to a stack of liens against their home, being underwater in their mortgage, or the crazy up and down of the real estate market. Other times, the property may be in a poor condition due to lack of maintenance and funds. This leads to banks not willing to loan money on the home.
Financial difficulties are some of the hardest to face. Selling your home fast with We Buy Ugly Houses will help you to get through them. For more information, call or visit us today at WeBuyUglyHouses.com. We are the nation’s number one home buying franchise with over 15 years of experience buying and selling as is properties. Our experience helps us to close within one week on your home. To sell your home fast, come see us now.
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April 24th, 2012
Homeowners try to move their home in its current condition. This can lead to uninformed, costly mistakes.
Dallas, Texas – We Buy Ugly Houses has bought and sold as is properties for the last 15 years. Their experience has led to these key items that homeowners must keep in mind when selling their home as is.
Most people’s interpretation of “as is” are not the same. This can be very disconcerting for the inexperienced buyers and sellers. By definition, As Is simply means in its current state. This means that the seller does not plan on doing anything extra to the home to clean or repair it.
There is a huge misconception with as is homes sales. Most sellers believe that they are released from all liability for the home. This simply isn’t true. Selling as is simply means that there is no warranty on the property. A seller must completely disclose of any and all problems with the home. Any problems that are not disclosed will still have to be compensated for by the seller, even as much as the entire cost of the repairs.
Even if a property is being sold As Is, a buyer can ask for help or compensation for extensive problems with the home. This is especially true with homes that have major damage that can’t easily be seen.
There are benefits to selling as is. It relieves the homeowners from having to paying for an expensive major repair. These repairs are compensated for in the price, but selling as is can save the homeowner thousands of dollars and tons of time.
As is home sales also bring in many interested buyers. Many of these buyers are real estate investors or individuals looking for fixer upper homes. That increased attention is sure to sell your as is property quickly.
As is home sales also have disadvantages. There will be lots of low ball offers on an as is home sale. As is homes sales also attract coupon-ers looking for a cheap deal. This means even if the starting price is low, it is very unlikely the final sales price will be the same. Selling as is homes can be save sellers thousands if it is done correctly.
About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.
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April 23rd, 2012
There are two situations that are difficult for anyone, divorce and death. In both, someone that was a crucial piece of your existence is suddenly not there to help you pick up the pieces and move on. Both of these also leave you financially, emotionally, and psychologically impaired. Although it is a good idea to dive in and wade through the mounting paperwork or sell a home, it is also a period of time when you are extremely vulnerable.
Why?
These are tender situations. At times like these, it is easy for someone to take advantage of you. When your emotions and mind are in an upheaval, it is very easy to convince you to do something you would not do in your right mind. Be on your guard.
Major Decisions
After major events, it ordinarily takes about a year for your mind to be ready to logically work through choices and decisions. Unfortunately, very few people get an entire year to grieve before they have to major life decisions. In that event, it is extremely important to talk to your support system. Family and friends love you. Talk to the ones you trust the most, and they can help you to work through any confusion or hard choices. In addition, a lawyer and a financial adviser are good professionals to talk to about money and legal matters. They will help you to look at things in the black and white.
Property and Businesses
With the death of a loved one, there is always property of some kind that is left over. In many cases, it is a house, townhome, or other place of residence. In some cases, there are also businesses and real estate investment properties. Although it seems crazy, those properties and businesses should be able to function for a little while without your watchful care. However, you will need to start looking at the financial side of things. Can you afford to run them or maintain them? Are there people in place to do that or do you need to hire someone, like a property manager or maintenance man?
If you are not able to maintain or afford to keep the business, investment property, or home, it is a good idea to sell them. Take your time and carefully think it through before you sell the home. Unless you are in a major financial crunch, the home sale or business sale will take months from start to finish. Once you have decided to sell, hire a professional to get things organized, staged, prepared, and completed. It’ll make the business sale or the home sale go a lot quicker and with greater ease.
If you are facing death or the death of a loved one, don’t hurry into anything. Take your time, and if you still want to sell your home, give us a call or visit us at WeBuyUglyHouses.com. We buy houses in any condition. Our company closes within a week, and we always leave you holding cash. Contact us today for more information.
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