Cash for Home Fast in Portsmouth (757) 750-0200

I want to sell my house in Portsmouth – so where do I start?  Well let’s get into this topic so you can sell your house as quickly as possible.

So I want to sell my house – where do I start? Perhaps a new addition to the family, you need another room, maybe the kids have gone off to university and it’s time to begin to downsize.

Well as these changes have come about in your life and you’re considering the next step, the first step you need to take is to make sure you get a good realtor to help you in this process with selling a house fast in Portsmouth. 

There are a number of ways you can go selling a home.

One way is you can ask a friend or a family member that has dealt with a realtor recently and go with a referral like this, another way is just to call a few of them and interview them and just see if there’s a good connection between you all, but whatever you decide and however you go about this process, it is important that the realtor you find is a realtor who can aggressively market your home.

We Buy Houses at Fair Price

Now you can put it on an MLS which is a multi listing service, your Realtor will help you do that, that’s not a problem.

We will all do that and just wait for the right kind of traffic to come across this and there you go, you’ll find somebody that may be willing to put down what you want or enter into negotiation for that house that you’re going to sell fast in Portsmouth.

But if you find a realtor who does more than this, a realtor who aggressively markets the house with various forms of media, that house is going to sell, and it’s going to be at the top of the pile and getting more traffic than homes that are just listed and using the old school method just waiting for traffic to go by and hopefully you’ll find somebody who will match up with the property well.

How To Sell My House Quickly

So choose wisely, make sure that you have a realtor who can do good marketing for your home.

So once you find your realtor it’s important to spend some time to speak to your realtor about your home and how you can better present that home.

Home Sales

You know today many people watch real estate programs on HGTV and various other stations and of course their expectations as a result are very very high. It’s ok that you want to sell my home as is in Portsmouth.

Talking about Model Homes and Selling Your Home Fast

Also many go to new builds and in those new build sites they have model homes and these homes are done immaculately so obviously their expectations are very very high.

But if you take the time to just walk through your home with your realtor, this can be very helpful. You’re almost ready to Sell Your House Fast!

If you do an assessment room by room you’ll know exactly what to take care of and this doesn’t necessarily mean that you’ll have to break the bank in order to do expensive remodeling or expensive staging of your home.

Just taking a little bit of time to take care of this in a good way with your realtor can make all the world of difference and get that home sold right away in Portsmouth!

In the description to this video you’ll find a link to our PDF on ‘How to Prepare Your Home for a Successful Sale’, this will really help you with this step.

Selling FSBO vs. Hiring a Realtor

Remember, it’s very difficult to change a first impression.

One of the most important things to get right is the pricing because you have to know that you can Sell My House Fast in Chesapeake or any area in Virginia.

Pricing your home right will determine whether or not it is sold quickly or it sits on the market.

The real estate market is soft. It is truly a buyers market. In addition, the ability for a buyer to secure a new mortgage has reached unprecedented levels craziness. To get a new mortgage these days, a potential buyer has got to have almost pristine credit along with backup savings and a long, stable work history.

I am in the business of buying investment homes and then selling them for a profit. In the following paragraphs, I am going to describe how you can sell your house quickly. You will not have to pay realtor commissions. You will not have wait 45 to 60 days while your buyer gets a blessing from his mortgage company. You will not have to put up with all the back and forth price dickering. You will truly have the upper hand here.

The very first you need to do involves some work. Your house needs to be marketable. Now, I am not going to go into all the specifics of updating your house here. You will find that in some of my other articles. Suffice to say, drive up appeal needs to be good, the inside of the house will need to be updated, uncluttered and clean.

Now that your house is ready, take pictures of the outside front, living areas, kitchen and baths. Take some time and search your area online for three good web sites to place an ad. Craigslist might be one of them. Your ad headline will read something like this: Rent To Own Home. Easy Qualify.

I know what you are thinking, I do not want to be a landlord. I know, I get it. But read on, it gets better.

The type of buyers we are going to attract are people who may be self employed. They make a good living and have cash but do not necessarily show a great deal of income, because of expense allowances, on their 1040 tax form at the end of the year. Your buyer may also be coming off a divorce that forced them to into a bad situation. There are other scenarios, but basically you have good people.

Your offer to a potential rent to own buyer is this: You will lease the house to them for a specified period of time. Typically, one year is good. The amount of rent paid should be more than the amount you need to pay each month on your mortgage. That includes taxes, insurance, p.m.i. or other monthly expense you incur on the house. Positive cash flow is essential. You should expect to make at least $100.00 to $300.00 per month in positive cash flow.

The damage deposit you will require will be high. Typically a deposit is one month rent. In your case, because you are offering to sell the house on an option, the damage deposit will also function as the option deposit. The amount can be anywhere from $2500.00 to $30,000.00 or greater. I like to see a minimum of 5% of the purchase price paid upfront.

The wording of the lease must also include a statement that the renters, because they are buyers to be, will be responsible for all upkeep, maintenance and repairs. In other words, they do not call you when the water heater goes out or the toilet backs up. They agree to take on all those responsibilities.

You will then write up a separate option agreement. The option period should coincide with the term of the lease. the option allows the renters to buy your house in a specified period of time at a set price within that period of time. The option agreement should state that the damage deposit from the lease agreement is to be applied to the purchase price of the house. The agreement should read that the option deposit is nonrefundable.

If your would be buyers turn out to be not so good or walk away from the lease, remember that you have a very sizable damage deposit with which to get the house ready for a new buyer and pay for your mortgage during the down time.

This is a great deal for the buyer who cannot quite qualify for a mortgage. They get to move into a great home right away with very little resistance. Meanwhile, the option allows them time to fix their credit report and lower their debt to earning ratio or whatever else they need to do to qualify for a bank mortgage.

But most of all, this is a great deal for you! You set the price. You get a substantial amount of money upfront. The renters pay your mortgage for you. You make an additional monthly income on the positive cash flow from the rent. You do not make repairs or become a landlord. When it comes time to sell, there are no realtor commissions to pay, among a host of other normal costs like a homeowner warranty.

When the day arrives that your renters call you and say they are qualified and ready to buy the house, you will meet with them and write up a purchase agreement. The purchase agreement will state the price they will pay for the house, which side will pay for each type of closing costs and the date that the closing will take place. Everyone involved will need to sign and date. If a person is married, most states require the spouse to sign as well. Take the purchase agreement to a title company and inform the new mortgage company where the closing will take place.

Also, remember that the income you receive from your renter pays for your mortgage liability and then some. Therefore, there should be no problem being able to secure a new mortgage for you when you move into your new house because the house generates income over and above the liability.

The pricing of your home must reflect the true market value.

You know today many people have access to a lot of applications that help them see what’s on the market in a particular area, to know the homes that are there and what they’re being sold for, so it’s important that you do a little homework yourself, get informed of the market area where your home is located, find out how much the homes are being sold for in that area, but most importantly here is where you’re agent, your Realtor is so important in helping you get Cash for Home Fast.

You know yourRealtor is very informed of the market area, I mean this is what they do for a living day to day, they will be able to get the home priced right.

While finding a house the key is to do the homework first, and then plan and organize the shopping process to make sure your trip is rewarding, concise, and most importantly, enjoyable. Builders and consumers who have bought and built a new home agree that it is fun, exciting and rewarding. Our goal is to demystify the process of buying a new house so that you know what to expect. The key is simple: Ask lots of questions. As you do, you'll know what kind of house, and mortgage are right for you and you'll understand the exciting decisions you'll make, including what new home, builder and lot communities are best for you, in addition to the options that you will choose to customize your house.

When you are seeing new homes, you are in good company. According to the Profile of buyers and sellers of houses of the National Association of Real Estate Agents, the majority of consumers buying another house consider the option of a new house. Many buyers also appreciate being able to personalize their new home to reflect their tastes in many ways, such as selecting their valued interests and styles for cabinets, countertops, appliances, floors and carpets, tiles, faucets and accessories for kitchen and bathrooms, and much more.

In view of the many advantages offered by new homes, it is not surprising that they are on the list of most home buyers. Home buyers who do not consider the option of a new home may have a misperception. "I have observed that some people do not even consider a new construction because they mistakenly think that it will automatically be more expensive or more complicated".

How Long Does It Take to Buy a House?

First of all, Calculate what price you can pay for a house

We have put this as a first step, but there is room for disagreements over whether the first mandatory move is to firmly determine how much credit institutions will say that you can pay.  "I think it depends on the price. If it's a first-time buyer situation, (financing is) an excellent starting point, " Having said that, some first-timers in The matter of home buying consider that visiting model homes before having financing is a reasonable alternative starting point, as many construction companies, helps clients calculate a reasonable price.

According to Experts Opinion, those who have already had a house, known in the real estate industry as buyers who are moving to a better house, have some knowledge about their price range and can get ahead and start the buying process, and then Make financing arrangements as they go. Experts believe that the first step is to have an idea of what can be paid.

"People tend to pre-approve themselves in mortgage terms without talking to a financial expert, and often limit themselves unnecessarily," he says. "Do not limit your considerations by discarding something because of financing issues that you may not understand." In general terms, builders request an initial 20% and can ask customers to pay in sections as construction progresses. Some builders offer mortgage financing, but as with any credit offer, it might be worth comparing several options. As a general rule, a mortgage payment should not be more than 25% to 30% of the monthly income and that they should have a general idea of the cost of insurance, taxes, services, etc.

Then Define your needs before starting your search

Creating a wish list that describes your preferences, and spending time thinking about what you really want before you start looking for a house, will give you excellent results as your search will be more focused and short. When thinking about your wish list, it is very useful to separate the characteristics that you should have from those that would be good to have and that you would like in your new home. Think about your lifestyle. Do you prefer large grounds, wide open spaces and hiking trails? Or are you the type of person who likes condos on high floors with balconies? Although it is a somewhat extreme difference, it also helps to think about the ideal times of travel to and from home, schools (the best schools add value when reselling, even if you do not have children) and what types of infrastructure (stores, museums, restaurants, libraries and hospitals) you would like to have nearby. These factors should help you reduce your options to a specific part of the city. The next thing is to define the basic attributes of the house you want. Here it includes much more than just the number of bedrooms and bathrooms you want. Do you like having guests or cooking? Maybe a large family room open to the kitchen is better.

Office in your home? A multimedia room? Space for hobbies? These are all crucial questions that must be asked before starting the search and Do not forget to think about the future. The average buyer lives in a house for at least five to seven years. Many people stay much longer. Think carefully about how your needs will change during the time you will live in your new home: The children can come, grow or leave the nest. The children could go home after college for a while. Will any of your parents live with you at some point?
Will you get tired of climbing the stairs? If so, a bedroom on the first floor could better adapt to your needs.

Now start finding a house on The Internet

There is a large number of websites where you can search for Online. That large number of new homes for sale allows buyers to quickly get an idea of the many new residential communities and builders in a given area and there are also few good websites who provide ASAP cash home buyers. E-g you can request a cash offer for your own home. When doing the search, have your wish list at hand? Many real estate sites offer built-in tools to filter the results, so you can refine your search based on your wish list. A filter according to your criteria (number of bedrooms and bathrooms, minimum or maximum price and characteristics of your new home) will allow you to focus quickly on the houses that suit your needs. You can also filter the results according to a specific school district or search according to the services offered in the new residential community to further refine the results of your search. So you have narrowed your search.

An excellent next step is to ask a construction company for information. Look for key facts about the houses of a specific construction company in a given residential community. Other information that may be useful include instructions to get there, contact information of the builder or community, a link to the website of the builder and more.

Having defined your wish list, reduced the results of your search, and focused the same on new homes and communities that are better suited to your criteria, it's time to take your vehicle and go to visit model homes in person.
Although searching for information about homes online is an ideal way to narrow your search, there is simply no substitute for a visit in person to the houses that suit your needs. A house is the biggest investment that most people make. You must go see it.

Go to a real estate agent

If you are looking for both new and used homes, there is a good chance that you will work with a real estate agent. After all, only one agent has the code to open the safe that will allow both you and your agent to tour a resale home. A good real estate agent can provide a lot of valuable information about the community and the process.

"We bring extensive knowledge about the reputations of local builders," says Hunt. "We may have worked with a builder in the past and we understand the type of construction he does. We know the locations where you are building, the school districts, etc. "
Regardless of whether you work with an external agent, be sure to make the most of the expertise offered by the construction team on site. The builder's sales consultant has in-depth knowledge and expertise about the construction stages, the developer's blueprint library, the availability and pricing of specific lots, the availability of options and improvements, the builder's approach to construction and energy efficiency, guarantees and many other things.

At last signing the Documentation

The process of buying the house does not end with the signature. With the contract in hand, four specific procedures must be carried out. Pay taxes. If the house is new you will pay the VAT and the Tax on Documented Legal Acts. For a second-hand house, you will pay the Patrimonial Transfer Tax. You have 30 days from signing to pay the ITP.

Register the house in the Land Registry. If you have purchased the house with a mortgage, you must register it in the Land Registry. The most usual thing is that the notary himself sends a copy of the contract electronically. Change the ownership of the cadaster and Change the housing supplies.

How Can I Sell My House Fast?

That price will reflect the true market value

If your home is sitting way too long on the market, what’s going to happen is that a prospective buyer is going to start to think, hey what’s wrong with this house, why isn’t it selling and these questions are going to really cause traffic to diminish.  It’s tough to simply want to Sell My House Fast and expect to have eager buyers wanting to pay Cash for Home Fast too.

Research shows that between the third and sixth week of the marketing process that’s when the most potential buyers are attracted, so it is important that, first your home has the right pricing and second that there is good aggressive marketing behind it.

You want to maximize traffic that’s going to view your home, draw them in to visit the home and put an offer on that home.

As I mentioned earlier, the visual presentation of your home is very very important.

You know first impressions are very very hard to undo so you always want to create the best possible first impression.

For this reason I don’t recommend that you do mobile phone pictures.

Get a realtor who is going todo professional quality pictures.

You know today on search engines when people are looking at multi listing services and they’re viewing the pictures, usually when a picture is presented if it’s of poor quality they’re probably only going to view the first few pictures and they’re gonna move on to the next property, and this is something you don’t want to happen to your property.

Real Estate Investing Books

Getting good quality pictures will keep them glued to that screen and they can really consider your house the way it should be considered, and actually today even video production is a very important part of the marketing process, so if your realtor is able to produce a video for you, this is ideal.

You know this will really maximize the amount of eyes that will be looking at your property and considering it for the next purchase.

When it comes to marketing your home, gone are the old days of sitting in the backseat of your real estate agents car or following along behind and looking at multi homes.

Today the Internet has changed the whole experience for good.

Today people are on multi listing services, they are also watching videos that are aggressively being marketed through social media, so it is important that you’re estate agent, your Realtor is up-to-date with all the modern modes of marketing, so make sure you make this one of your criteria in choosing your real estate agent.

That way the right kind of marketing will be put forth and experience maximum exposure of your home and really entice those buyers to come and put an offer on your home and get it sold quickly.

If you found this video helpful, please subscribe, we’d love to have you on board with us, we have a lot of helpful videos coming out that will have information that you’ll find useful whether you’re a buyer or you’re interested in selling property.

Also share this with a friend and leave a comment in the comment section, also if you’d like to call me, call me at the number that you see below, I’d love to hear from you and talk property with you, also remember that there is a PDF thereon ‘How to Prepare Your Home for a Successful Sale’, anyway, until next time, all the best!.

Sell My House Fast For Cash – Can I Do That in Portsmouth?

Real Estate Property

I want to sell my house - so where do Istart? Well let's get into this topic so you can sell your house as quickly aspossible.

So I want to sell my house - where do I start? Perhaps a new addition to the family, you need another room, maybe the kids have gone off touniversity and it's time to begin to downsize.

Well as these changes have come about in your life and you're considering the next step, the first stepyou need to take is to make sure you get a good realtor to help you in thisprocess.

There are a number of ways you can go about this.

One way is you can aska friend or a family member that has dealt with a realtor recently and gowith a referral like this, another way is just to call a few of them and interviewthem and just see if there's a good connection between you all, but whateveryou decide and however you go about this process, it is important that the realtoryou find is a realtor who can aggressively market your home.

Now youcan put it on an MLS which is a multi listing service, your Realtor will helpyou do that, that's not a problem, we will all do that and just wait for the rightkind of traffic to come across this and there you go, you'll find somebody thatmay be willing to put down what you want or enter into negotiation for that housethat you're selling.

But if you find a realtor who does more than this, arealtor who aggressively markets the house with various forms of media, thathouse is going to sell, and it's going to be at the top of the pile and getting moretraffic than homes that are just listed and using the old school method justwaiting for traffic to go by and hopefully you'll find somebody who willmatch up with the property well.

So choose wisely, make sure that you have arealtor who can do good marketing for your home.

So once you find your realtorit's important to spend some time to speak to your realtor about your homeand how you can better present that home.

You know today many people watch realestate programs on HGTV and various other stations and of course theirexpectations as a result are very very high.

Also many go to new builds and in those new build sites they have model homesand these homes are done immaculately so obviously their expectations are veryvery high.

But if you take the time to just walk through your home with yourrealtor, this can be very helpful, if you do an assessment room by room you'llknow exactly what to take care of and this doesn't necessarily mean thatyou'll have to break the bank in order to do expensive remodeling or expensivestaging of your home.

Just taking a little bit of time to take care of thisin a good way with your realtor can make all the world of difference and get thathome sold right away! In the description to this video you'll find a link to ourPDF on 'How to Prepare Your Home for a Successful Sale', this will really helpyou with this step.

Remember, it's very difficult to change a first impression.

One of the most important things to get right is the pricing.

Pricing your homeright will determine whether or not it is sold quickly or it sits on the market.

The pricing of your home must reflect the true market value.

You know today many people have access to a lot of applications that help themsee what's on the market in a particular area, to know the homes that are thereand what they're being sold for, so it's important that you do a little homeworkyourself, get informed of the market area where your home is located, find out howmuch the homes are being sold for in that area, but most importantly here iswhere you're agent, your Realtor is so important.

You know yourRealtor is very informed of the market area, I mean this is what they do for aliving day to day, they will be able to get the home priced right.

That pricewill reflect the true market value of the home and this will position the homefor a quick sale.

If your home is sitting way too long on the market, what's goingto happen is that a prospective buyer is going to start to think, hey what's wrongwith this house, why isn't it selling and these questions are going to reallycause traffic to diminish.

Research shows that between the third and sixth week of the marketing process that's when the most potential buyers are attracted, so it isimportant that, first your home has the right pricing and second that there isgood aggressive marketing behind it.

You want to maximize traffic that's goingto view your home, draw them in to visit the home and put an offer on that home.

As I mentioned earlier, the visual presentation of your home is very veryimportant.

You know first impressions are very very hard to undo so you alwayswant to create the best possible first impression.

For this reason I don't recommend that you do mobile phone pictures.

Get a realtor who is going todo professional quality pictures.

You know today on search engines when people are looking at multi listing services and they're viewing the pictures, usuallywhen a picture is presented if it's of poor quality they're probably only going to view the first few pictures and they're gonnamove on to the next property, and this is something you don't want to happen toyour property.

Getting good quality pictures will keep them glued to thatscreen and they can really consider your house the way it should be considered, and actually today even video production is a very important part of themarketing process, so if your realtor is able to produce a video for you, this isideal.

You know this will really maximize the amount of eyes that will be lookingat your property and considering it for the next purchase.

When it comes tomarketing your home, gone are the old days of sitting in the backseat of yourreal estate agents car or following along behind and looking at multi homes.

Today the Internet has changed the whole experience for good.

Today people are onmulti listing services, they are also watching videos that are aggressivelybeing marketed through social media, so it is important that you're estate agent, your Realtor is up-to-date with all the modern modesof marketing, so make sure you make this one of your criteria in choosing yourestate agent.

That way the right kind of marketing will be put forth and you'llhave maximum exposure of your home and really entice those buyers to come andput an offer on your home and get it sold quickly.

If you found this videohelpful, please subscribe, we'd love to have you on board with us, we have a lotof helpful videos coming out that will have information that you'll find usefulwhether you're a buyer or you're interested in selling property.

Alsoshare this with a friend and leave a comment in the comment section, also ifyou'd like to call me, call me at the number that you see below, I'd love tohear from you and talk property with you, also remember that there is a PDF thereon 'How to Prepare Your Home for a Successful Sale', anyway, until next time, all the best!.

We Buy Houses Scams in America

Selling A House

Kris Krohn with REITV, and you've asked it! We've got the answer.

What do you do TODAY if your house your trying to sell is NOT selling?? "My house isn't selling! What should I do?!" Drop the price! Listen, I know that that may not be what you wanna hear, but it is one of your options.

There's a chance that youmight be thinking that your house is worth more than the market is telling you that itis.

There's a chance that you got advice.

Listen, it happens in the world of real estate.

We take our best guess and I'll go to my experts and I'll say "What should we list this at?".

And you know what? Often, they're right on the money.

Sometimes, they're low, and sometimes were too high.

And if that's the case, then you need to live within reality because it doesn't matter what YOU think it's worth.

I don't care how much money you put into the landscaping of the yard or how much you've put into repairs, a $50,000 yard does notmean that the house is worth $50,000 more.

In fact, very minimal repairs actually gointo increasing the value of a home.

So, the most important thing here is to first, make sure that you operate inside of reality and the market - the people that live in your area, they're gonna tell you what's real.

Your second option is actually doing a lease option.

Lease option is where it doesn't make sense for you to actually sell your housein the market and yet maybe you still want to move.

So what can you do? Well, you can collect the down payment with the seller financing option.

A family maybe gives you a 3, 5, $7000 of a down payment saying "We'd like to move in to this house and we'll cover the payment".

And depending on how your mortgage is structured, you could get BOTH a down payment in the thousands of dollars and you could collect a positivecash flow on that property.

And that also is another way to say 'Hey,if the market isn't going to allow me to sell my house for what I need, then this is anexcellent strategy for holding on to it longer until it WILL SELL and MAKE MONEY.

But in the meantime, I can still move on with my life if I have to leave the state or takea new job or simply move into a different house.

If you liked this video, we have a lot morecoming your way, but you GOTTA hit that Subscribe video so we can make sure you know about every one of them.

Thanks so much! We'll see you next week!.


Cash for Home Fast in Virginia (757) 750-0200