I want to sell my house in Chesapeake – 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 Chesapeake.
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.
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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 Chesapeake.
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.
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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.
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 Chesapeake.
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 Chesapeake!
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.
Can I Sell my House While my Divorce is Pending?
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.
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.
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.
Key Things Millennial Home Buyers Must Know
Millennials are a group of individuals born in the 1980s and 1990s and are within the ages of 18 and 36. Also known as generation Y, many are sidelined by tight credit, high student loan debts, and low paying jobs. In fact, until the past few years, these have been the key reasons they were slow to enter the real estate market. Now, they make up well over 30% of new home buyers and that trend should continue going up as they start to mature and pay off existing debt.
Compared to previous generations, such as baby boomers or the silent generation, these younger individuals have a different outlook when it comes to long-term investment, especially owning a home. One thing you can bank on is that Millennials know what they want in a home!
Read on to learn more about millennial home buyers, key characteristics of this generation, as well as a look at their attitude towards real estate investment. If you happen to be a millennial, you will learn how easily it really is to prepare and become a homeowner.
Characteristics of Millennial Home Buyers
These characteristics will help you understand the millennial demographic and tip you off if you are unsure if you are one (between the ages of 18 and 36)....
- 66 percent of millennial home buyers are first time home buyers
- Their median income is approximately $82,000 per year
- 66 percent of these buyers are married couples
- 50 percent of these buyers say that the main reason for buying a house is the desire to own a home
- 20 percent of them previously lived with their parents, relatives, or friends
- 24 percent of them owned a previous residence
- 56 percent of them rented a house or an apartment
Millennial Home Buyers Attitudes Towards Real Estate Investment
- Many millennials want to own homes or invest in real estate. In one of the studies conducted by the National Journal Heartland Monitor, 69 percent of the younger generation in the U.S. generally regard home ownership or real estate investment as a smart and achievable goal.
- Some millennials are scared to own a home because of the upfront costs they are facing. As homes go up in price, so do the costs associated with owning those homes. However, it is not just higher prices that may be putting some of this generation off. The thought of settling in a new place or living in different circumstances also sounds unattractive. Some, therefore, find renting an attractive option because of its affordability and flexibility.
- About 20 percent of the respondents in the U.S. feel that although owning a home is a smart move, this decision is not financially viable for them right now. Of the respondents, there are more minorities who feel their finances probably would not enable them buy a home. All millennial buyers have options so check with a local lender before writing homeownership off as a distant dream.
- Because some millennials are hesitant on home buying or real estate investing, they will continue to rent houses and apartments until their situation changes and they are more comfortable. As their needs change, rent prices will creep up, which will force many to purchase a house. In fact, according to a new study conducted by Choice Home Warranty, 30 percent of millennials plan to buy a house in 5 years’ time.
In a nutshell, whatever challenges you may be facing, buying a home as a millennial is a smart and achievable goal. If it is money that is preventing you from achieving this goal, you need to come up with a strict financial saving plan or find a way to acquire the funds as a gift from a family member. As you would expect, there are always financial institutions that are ready to help millennials get mortgage loans, even those with less than desirable credit scores.
How to Meet Your Home Ownership Needs
- First, you must understand the type of house you want to buy. According to a new study conducted by the National Association of Home Builders, most millennials tend to invest their money in homes that are older, smaller and less expensive. The main reason for this is that many millennials have not accumulated enough wealth to purchase new, bigger or expensive homes.
- You must also figure out things you want in the home. These are basically the things that drive you to buy a home to begin with. According to a survey conducted by Metrostudy, a Houston based national housing research firm, millennial buyers are looking for small but high-quality homes, especially in the suburbs. Some of them also look for homes with flexible space to entertain family and friends rather than larger properties to keep all their "stuff".
- You must know where to find your preferred home. With many agents posting listings on their websites, and via social media, it is very easy for millennials to find what they want before they even view the first property. Because many use their smartphone for home searches, they can quickly and easily search for new listings, get more information about the available inventory, and find details about the owner/home long before they contact a local real estate agent for assistance.
There are many real estate options for millennials right now and this definitely includes their ability to purchase a home. Now that many are settling down and having families, the appeal to own their own home is a strong pull. That is why agents need to market to this demographic. Those that do will benefit from dealing with savvy and knowledgeable consumers who know what they want and have a plan to make it happen.
We Buy Houses at Fair Price
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.
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 Chesapeake?
So, you’ve decided to sell your home. Like any home seller, you want to get top dollar. You’ve seen those TV shows where property owners spend thousands on home staging. What do you do if you don't have thousands of dollars in your budget? You'd be surprised by our options. There are several steps you can take to make your home more attractive to potential home buyers without spending a lot of money.
Following are 10 budget-friendly ways to stage your home for sale.
1. Curb Appeal
First impressions make all the difference and that’s why it's so important that your home projects curb appeal. Go all out with small DIY tasks like trimming the bushes, cutting the grass, getting rid of debris and planting flowers. If applicable, replace an old mailbox with a new one, spray down the house if it looks dirty and paint or replace the front door. Do whatever it takes to make your home look great as potential home buyers drive by.
One of the most important aspects of a home for prospective buyers is the available space and the floor plan. That's why it's so important to make a home look as appealing and neutral as possible. Start by removing clutter, including an overload of knickknacks, personal photos, etc. Decluttering your home will create space, and that’s what home buyers look for. Eliminating clutter really makes a home look bigger and even newer.
If your rooms look crowded, consider moving bigger or less attractive pieces of furniture into storage. Also, make sure there's nothing obscuring buyers’ eyes from important focal points, like beautiful views or fireplaces. Home buyers often get hung up on the negatives and a cluttered home can make them pass on the property.
3. Thoroughly Clean
Wipe away cobwebs, wash the windows, scrub the grout, etc. You should also have furniture upholstery cleaned because it adds to the overall impression you’re trying to present. Clean or replace cabinet hardware and light fixtures if necessary. None of these tasks are expensive undertakings, but they can make a big difference. If you don’t have the time to do it yourself, hiring a professional cleaning service.
While painting is inexpensive in comparison to other improvements, a fresh coat makes a significant impact. That said, it's best to stick with trending neutral colors. You can even paint dated kitchen cabinets to give the kitchen a fresh, new look. If necessary, invest in having your home painted inside and out - it will pay off in the long run. If the walls actually look good, painting the trim or doing a little touching up here and there may be enough. Paint over bright, outdated colors with a neutral color (you can never go wrong with cream, brown or white).
5. Pay Attention to Details
As they say, "the devil is in the details”. Simple steps like cleaning or replacing cabinet hardware or light fixtures can make a huge difference in how the home is presented. A few accent pillows placed on the couch, a fresh floral arrangement on the coffee table, and a matching set of fresh, new towels in the bathroom add visual appeal as well.
6. Carpet Cleaning
Carpeting can show more damage than just about anything else in the home. If you have carpeting in your home, chances are it could present a problem. If the carpets are in fairly good shape, you can probably get away with just having it deep cleaned by a professional carpet cleaning company.
7. Wood Flooring
If you have wood floors, it will pay off to make sure they're clean and in good condition. If not, consider having them refinished. If cleaning doesn’t restore them, you may need to have them replaced. This can be pricey, but replacing the flooring will raise your home’s value.
It can't be stressed enough how critical it is present potential home buyers with a sparkling clean, clutter-free kitchen. Purge and neatly arrange your cupboards and drawers. Accessorize with things that make sense in the kitchen. Next, scrub down everything, including the drawers and cabinets. Clean your stove and oven until they shine. Polish up stainless appliances, removing fingerprints. Make sure to toss out smelly garbage to that there aren't lingering odors.
Thoroughly clean fixtures, shower doors, and tubs. Buy new replaceable parts that can't be cleaned well enough to be presentable. If the bathtub is stained, consider refinishing it. If the bathroom is small, a light paint color will make the room look bigger. Also, keep in mind that the bathroom wall color doesn't need to be the same as other areas of your home.
10. Tile and Grout Cleaning
Tile and grout cleaning can go a long way when it comes to increasing the appeal of a home. Cleaning tiles and grout can bring it back to "like new" condition, restoring their original shine.
There’s no set rule of thumb regarding how much you'll need to spend to get your home ready to sell because every home is different. Nevertheless, investing a few thousand dollars can increase the sale price by significantly more than that. It will also help make it possible for your home to sell a lot faster. Bottom line, anything that you can afford to do is going to be beneficial.
Sell My House Fast In Dallas — We Buy Houses Dallas
This is a very common situation, these days; and it will become an epidemic.
There are millions of adjustable rate and Option Adjustable rate mortgages that will be "resetting" to a normal interest rate as their "teaser rates" expire over the next couple of years.
This will put severe financial pressure on families who were able to buy their homes only because of those artificially low payments in the first place.
Many will be unable to refinance or even sell their homes because of the looming glut of homes on the market and the stalling of price appreciation.
Many of these people have little or even negative equity in their homes, which compounds their difficulties as realtors will not list their homes, as they see no way the home owner can pay their commissions.
These people also have little to no flexibility to reduce the price of their properties because the mortgage payoff and the closing costs will require them to bring cash to the closing to buy their way out of their homes.
Also, these homeowners will have a diminished fervor to stick it out through the hard times just around the corner if they have no equity, abandoning their homes and adding to the greater problem.
The ultimate nightmare is for people in this situation to be forced to sell their homes for financial reasons. They are headed straight to financial ruin; bankruptcy, foreclosure or both.
Selling a house is a Marketing problem. If I recall from Marketing 101, a product will be successfully sold when you position it as the most competitive product in front of the largest possible market. Painting the porch is not going to make your house the most competitive; everyone else is painting their porch too.
What if you could offer your house for sale and the buyer did not have to qualify for a new mortgage, do you think that would make your house stand out from the rest of the competition? This one change would also double or triple the size of your potential market of buyers. There is a "shadow market" of people who would love to buy a house like yours only they will not or cannot go through the "inquisition" of being qualified for a bank mortgage. These people include small business owners, self employed professionals, including real estate investors; foreigners and, yes, those with stinky credit!
They have the cash to put down and the ability to carry the payments, they just don't want to hassle getting a mortgage and they will be very grateful to be given the chance to buy a property with no bank involvement. How grateful? We have found that they will jump at the opportunity, pay 15-30% more than the appraised price of the property and will also pay a higher monthly payment as well, which can spell P R O F I T in addition to a quick sale at or above market value. There is only one way that will allow you to sell your home without paying off the mortgage and that is with a properly structured land trust. The trust will prevent the bank from foreclosing on your mortgage for violating the due on sale clause.
An added bonus is that when you sell the property in a land trust, there is no tax due on the gain; especially important if it is an investment property or a residence that has appreciated beyond the statutory exclusion of $250 or $500,000. Now, you can sell your property quickly, take a nice down payment, receive hassle free monthly payments; in excess of your mortgage payments for years and possibly another lump of cash when the buyer sells the property or refinances your mortgage. I say, "hassle free" payments because you will have no tenant, toilet or trash responsibilities to the new buyer. You don't call the bank that holds the title to your car if your water pump fails, do you? This has been the way out for many of our clients who were trapped in their homes and can work for you as well. Discuss this option with your realtor or lawyer.