How To Sell Your House Quick In A Bad Real Estate Market - Sell Your House
To sell your house fast, you must prepare your house for the market. These tips will help you get a buyer for your house even in a depressed real estate market.
1) Price Price is the first thing a house buyer looks at. If the price is lower than other similar houses in the neighborhood, your house will stand out in the market even before someone drives over to see it.
Houses that have been on the market for more than 3 weeks lose their appeal to most buyers.
Do not be emotionally attached to the price you set for your house. What you paid for it is not important; people look for the current value of similar houses in the neighborhood.
If you have a low mortgage balance that allows you to price it lower than other similar houses, go for it!
A Realtor could help in helping you price your house competitively in the market. Look at the house more like a buyer instead of the seller. What factors make it more appealing than other houses, location, size and other factors etc? If you were a buyer, would you buy this house instead of all the others in the area?
2) Physical condition of the house When you look at the house from the outside, what is the first impression you get? Would it do with some TLC?
When someone steps through the door, are they met with a nice, welcoming smell and atmosphere? Would this be your dream house if you were looking for a house?
Do not spend too much money fixing it up or you cannot price it competitively.
If at all, most of the work should be simple clean up and minor touches.
3) What if have a high mortgage balance or it needs repairs? Sometimes it needs repairs or the mortgage balance it too high.
Consult with real estate investors who buy and sell houses in your area.
Real estate investors can buy your house even if it needs repairs, and sometimes even if your mortgage balance is too high to allow you to sell at a low price or traditional home buyers.
A real estate investor can let you know if they can buy your house in as little as 24 to 48 hours. They can handle most situations and discuss all numbers and terms with no obligations.
About the Author
Gwendolyn Horn is a real estate expert and real estate investor buying houses in Toms river, New Jersey, the surrounding areas and nationwide.
He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to sell your house fast, please visit http://www.webuyusforeclosures.com
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