23 Apr

Sell My House Fast
People are moving away from estate agents in search of a faster way to sell their houses in the UK, according to a survey carried out by Alliance and Leicester.
Alliance and Leicester found private sellers make a sale in an average of less than 2 months, compared to much longer periods for those who use more traditional method - often at least year.
An Alliance and Liecester spokesperson said “Using an Estate Agent to sell your home is generally viewed as part and parcel of the moving process, but the research suggests that DIY methods, to sell a home, are becoming more popular.”
Advertising privately is a popular option with people placing ads in local newspapers, creating their own sales boards or using Web based property sites. Some people are even using online auction sites like ebay.
Generally the quickest and easiest solution is to sell your house for cash to a private investor via a quick house sale company - who can frequently buy within just a few weeks, sometimes days, thus removing the barrier of long buyer chains and hoards of viewers trampling through your house.
Some quick house sale companies will cover your legal fees and provide a free valuation. The good ones will also offer sellers the option of renting back their properties, which greatly benefits people who don’t want to move but find themselves facing repossession. On occasion there will also be a ‘buy back’ option allowing sellers to buy back their home when they are in a better financial position.
A good place to find information on how to Sell My House Fast visit this site!
11 Apr
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Is Mr Brown Wrong?
Emediawire (press release), WA - 11 Apr 2008 The Council for Mortgage Lender (CML) recently reported that there were fewer than 1 in 400 mortgages led to repossession in 2007. … |
10 Apr
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Repossession, repossession
Media Guardian, UK - 10 Apr 2008 House prices in Britain are tumbling. So what will happen now to all those TV shows that have succeeded on the back of the property boom? … |
9 Apr
Welcome to the newly re-launched ATG Homes Site!
8 Apr
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Brown: House price crash 'containable'
MyFinances.co.uk, UK - 8 Apr 2008 The prime minister said the current state of the housing market is far removed from the crash of the early 1990s, with interest rates lower and repossession … |
4 Apr
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Lib Dems call for safety net over home repossessions
Guardian, UK - 4 Apr 2008 The Council of Mortgage Lenders, which compiles repossession figures, said it continued to predict a rise in repossessions, but only to 45000 this year. … |
4 Apr
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Estate agent fears housing market crisis
Derry Today, UK - 4 Apr 2008 Rosaire McLaughlin, debt counsellor at Dove House said that on her books she had three people facing repossession orders, and homeowners with more than £1m … |
20 Mar
I’m ¼ owner on a house, and the other owners don’t get that it makes sense to price low and sell fast. The home is owned free and clear. It’s in a small town, where demand for homes is exceptionally low and there are always plenty for sale. This house is tiny compared to others in town, and while livable, it needs major updates. At best, I think we can sell this house for £80,000 and that’s if we’re willing to wait years for that one right buyer.
I’ve already brought up the obvious: vacant houses are hard to insure, other homes in town aren’t selling no matter the price, costs of property taxes and propane to keep the pipes from freezing in the winter, and the liability if someone gets hurt on our property.
Any other suggestions? I’d like to keep the language as simple as possible. Other owners have a limited familiarity with the real estate; at least a couple of them think it’s a good idea to overprice the home and then drop it later if needed. *head slap*
One in the hand is worth two in the bush. I want whatever paltry amount we can get now rather than waiting years for a buyer for what might end up being a couple grand per owner extra. To me, it’s just not worth it because there’s always that chance (and in this town it’s fairly likely) that we’ll never sell the house.
I realized this probably isn’t clear…the other owners are caught up in this idea that the home is worth a certain amount just because they arbitrarily think it is. The data in the area simply doesn’t back it up, and I’m having trouble getting these people to see that what they think the home is worth is meaningless. All that matters is what someone is willing and able to pay.
The answer is provided by :
godged :
The big factor for the owners should be insurance. Next will be the vulnerability of the property. As a property expert, I have to regularly check my vacant properties, because if I don’t, someone will either vandalize it or take up residence there. The owners will either have to pay to get the property fixed or sell it as is with the damage.
Pricing the property high is unwise in most markets, if it is too high, no one will even look at it. There are too many properties on the market for people to waste time on something that is obviously overpriced. If they price it high and there are subsequent price reductions, buyers assume that something is wrong with the property.
The owners would do well to price the property to sell.
14 Mar
I'm trying to sell my house. It was built in 2004, has 5 bedrooms 4.5 bath, 4650 sq ft, pricing at $699,999. It has been 2 months and yet now one is ready to buy it. I can't wait no longer by next August. Next summer is when i plan out to move. How long will it take for me to sell my house? Will i be ever to sell my house by August 2009, or is it to early. How can I sell my house fast?
The following reply is by : Suzy Cutes :
The housing market is very down right now with it being a buyer's market. Even with a small help from lower interest rates, the housing industry is going to take quite a while to recover. Most people look for new housing in spring or summer, so winter is not the hottest time to put your house on the market either.
Depending on the price points and comparables in your area, your pricing might need to be lowered.
How's the curb appeal? People often make up their minds about a house the minute they see the outside. How does the house look inside? Are there nit picky little problems? Is there stuff on the kitchen counters or pictures on the fridge or toys all over? When showing a house, it should look like a "model home," ready for a buyer to move into, and not look like people are actually living there. Perhaps you need to do a little cleaning, painting, minor fix up, yard clean up, and staging to improve overall impression. Staging can make or break the sale of a home. For some staging ideas you can go to HGTV.com, as they have several programs on the subject — you can even apply to HGTV's "Designed to Sell," to see if their design team will come out and stage your home so it will sell fast. Your Real Estate agent should be able to give you some staging advice.
Other options are to list your home with a real estate firm that guarantees the sale of your home, even if they have to buy it. You could always rent it and take some huge tax benefits. You could lease-to-own.
Good luck!
17 Apr
Ok- owe $126M, house should appraise for $135M-$140M. I am planning on getting a realtor & trying to sell the normal way. I live in St. Louis, MO., and I want to move to PA in the summer so my son can start school in Aug-Sept. If the house doesn't sell by mid-July, isn't there a way I can contact the mortgage company and get them to buy it for the amount I owe? I'm afraid a "buy houses quick" place will not offer me the price I need to pay off the mortgage. The house is in great shape, clutter-free, and I think it will sell fast, but who knows in this market? I've heard of a short-sale, but it sounds to me like that occurs when you are behind in your mortgage, and you offer the mortgage co less than what you owe, and it sounds like it could affect your credit. Sure- I'd love to make money on this house, but when it comes down to it, if it doesn't sell, I'm willing to just get out without owing anything. Thanks in advance for your help!
The question was answered by :
linkus86 :
Pricing your house a little below market now instead of a month or two from now is the best way to get the house sold. The other houses for sale in your neighborhood are trying to sell for more because the sellers don't have the time constraints as you do (so they are likely priced higher than they are worth). A below market price will enable you to meet your priority of selling the house quick, and might enable you to pocket a few dollars for the big move. Your lender doesn't want the house, but if it comes down to you not being able to sell you can give them the "deed in lieu" of foreclosure, but it would still be a black mark on your credit.
As another answerer suggested to have your Realtor market in creative ways isn't a bad idea, but I don't believe is proper in this case because in order to offer seller paid closing costs you would have to initially price your house higher. Besides now a days most Realtors advise (or buyers already know) that a buyer can include closing costs in an offer anyway.
AmandaH obviously hasn't spent any time in the business world to realize that "m" often stands for thousand when referring to quantities of goods, thus your abbreviation is completely understandable.
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