There are millions of homes out there to buy, and many of them are selling for well below the market price because they have been foreclosed upon.

Hector Milla Editor of the “Free Home Foreclosure Listings” website — http://www.FreeHomeForeclosureListings.net — pointed out;

“…The only problem is how to get started finding these homes in your area. The answer is really very simple. If you do a quick search on the internet you will be rewarded with hundreds of websites offering free listings. Now you just need to figure out which one to use…”

Thankfully most of these websites offer free 7 day trials. This will give you the opportunity to search through their listings and see what they have to offer. Some websites offer pictures and addresses so you can check out what the houses look like. Many also offer advice and information on the types of foreclosures and how to use them to your advantage.

“…Once the free trial period is up, you have the choice to pay a small membership fee and continue to use their information, or you can choose to stop using the site. If you choose to stop using the site, you can easily pick another website and take advantage of their free trial period. These listings can be very helpful in your search. You can find exactly the type of house you are looking for without much legwork. You also have the most up to date listings available, as most websites update their information daily if not more…” added H. Milla.

So if you are in the market to buy a house whether it is a fixer upper, or move in ready, foreclosure listings are a great resource.

Further information and resources to get free home foreclosure listings by visiting http://www.FreeHomeForeclosureListings.net

What is Wholesaling?
It is simply finding a bargain property and passing it on to a bargain hunter. That bargain hunter will be an investor who will either purchase the property to resell it or purchase it to hold it for rental income. Your profit as a wholesaler should be between $5000 and $15,000 on each house. In some cases it will be higher than $15,000 and on some deals your profit may be a little lower than $5,000. Why wholesale?

Real estate investors choose to wholesale properties for a few reasons. They could be:

Quick cash – it is possible to turn a property around anywhere from 7 to 45 days and get cash in your pocket. If you need to get your hands on some cash quickly, this would be a reason to wholesale. Or, you may not need the cash immediately. You might just want to build your cash reserves. Wholesaling is a good way to do this quickly.

Too many houses – maybe you’re good at finding houses, but you find more than you need or can use at any given time. If this is the case, wholesaling is a smart move for you. You can still profit from your locating skills, even if you aren’t going to keep the property for your personal portfolio. Flexibility – at any given time, you can determine whether you want to keep a property or sell it. This gives you flexibility as you locate and purchase properties.

An important fact to remember:
Probably the most important thing that you need to remember when you decide to wholesale is, your buyer should get the majority of the profit! This is important because your buyer will be the one to purchase and rehab the property. There has to be enough room in the deal for your buyer to do this and still retain a nice amount of money for cash out and/or equity.

This does not mean that you find properties and give them away for $1,000. If you did that, you would be a bird dog, not a wholesaler. Your profit will vary depending on the house, but the better you are at locating properties and putting together offers, the greater your profit will be – while still maintaining an excellent profit for your buyer.

Keys to Successful Wholesaling

There are several things that you can do to ensure a successful and profitable wholesaling business. We will discuss those now.

Consistent source of properties – Earlier in the program, we discussed several ways that you can locate properties. If you want to make wholesaling your main business, you will need to make sure you have a consistent source of properties. For instance, you may develop a relationship with a probate or divorce attorney, who knows a continuous stream of people with houses to get rid of. You may even develop a relationship with someone at a bank that works in the REO (real estate owned) department. These are the properties that the bank has had to take back due to foreclosure. However, you decide to find them, you need to make sure that you have a consistent source.

Your buyers list – If you decide to wholesale, you must develop a strong buyers list. This will allow you to locate properties with the assurance that you can move them. Even if you only wholesale properties occasionally, it is highly recommended that you have a buyers list built up. As we previously discussed, there are several ways that you can market to build up your buyers list. Two of the easiest ways to do this are to place ads in the paper and to advertise at REIA’s. You may even put out roadside signs to attract buyers. You should think of your buyers list as money in the bank. A good list will make it a lot easier for you to move properties. You will also feel more confident getting the properties, knowing that there are people ready to purchase them from you.
Good properties at good prices – Again, we are building on what we learned earlier in the program. You want to make wise choices when you look at investment properties, including when you wholesale.

Even though you are not going to keep the house, you still need to make sure that it is a good house in a good area at a good price. You can get 2BR 1BA houses at cheap prices all day long, but do you really want to? We would say no, unless the house is so cheap that your buyer could add an extra bedroom with little trouble. But even then, we wouldn’t recommend it. You always want to go the path of least resistance. Don’t get the houses with the weird floor plans.

They shouldn’t be too small or have any type of structural damage. Most investors do not want to take on rehab projects of more than $15,000 – $20,000, especially if they are just starting out. If you find a good deal that requires an intense rehab, you will probably want to save that one for yourself or pass on it altogether. And again, you need to make sure that the price is right. There should be enough room in the deal for your profit, your buyer’s profit and the rehab funds. Your profit will vary depending on the deal, however, to make it worth your time, you should shoot for a minimum of $5,000 per deal. Of course, this will vary by property. Review your buying formulas for wholesaling properties. Remember -wholesaling is not illegal flipping. You never want to artificially inflate the value of a property.
Relationship with your closing attorney – Typically, your lender will choose the closing attorney. However, this does not stop you from developing a relationship with them as well. In fact, if you work with the same lender a lot (for your purchases or your buyer’s), you will find yourself in that closing attorney’s office quite a bit of the time. Learn the culture of the office. How does it run? What are the personalities of the staff? What are their names? How do they like to do things? You will find that all closing attorneys are different. Some are more laid back while others are more uptight. Some will accept documents and requests faxed from you, while others want them directly from your buyer and/or your lender. The key is to find out how to best work with them so that your deals run smoothly. Find out what you can do to make things easier on the staff to bank some goodwill, you might need it on a bumpy deal!

Relationship with your contractors – Although they tend to get a bad rap, it is entirely possible to find a good contractor and to develop a relationship with him. You may have to go through several contractors to do this, but it is possible. Your relationship with your contractor is important, because you need to be able to count on the quality of the work and the prices at which it can be done. Even if your buyer uses their own contractor, you should have someone that you can bid the jobs and that you can recommend. Their prices should be in-line with those that you have found to be fair and reasonable in the market place and their quality should be the same. If you are recommending your contractor out, do your best to make sure that this person is reputable, fair and does quality work. There is no guarantee in this, we have come across some duds ourselves! But always do your due diligence. Check with references and view jobs that they have already completed. And always be on the look out for more contractors. You can never have too many good ones!

Relationship with your appraiser – Your appraiser will also be one that is approved by the lender. This is good for both you and your buyer. You always want to make sure that your values are as accurate as possible. The appraiser will make sure of that. Again, it is worth your time to develop a relationship with the appraiser. When you do this, you will be able to get them to verify values for you. This is important if you are unsure about an area and need to make a quick decision. A lot of the knowledgeable appraisers can tell you values off of the top of their heads. This is very valuable for you. You also want an appraiser that will get the appraisals completed quickly. There is really no reason to wait more than 3 or 4 days for an appraisal. If an appraiser has you waiting longer than a week, you need to look for someone else. Most lenders are amenable to trying out new appraisers, if there is justification. If you are having problems with them, they probably are too. The good thing is, there are a lot of appraisers out their with experience appraising investment properties.

Relationship with your private lender – this is of paramount importance, for both your purchases and those of your buyers. One of the most important things that we have learned with wholesaling is – You must approve your buyer’s lender. If possible, you should require that your buyer use only lenders that you approve. This is important because the lender can literally make or break your deal. You need to know what areas the lender likes, what types of houses, how much money they have and how quickly they can close. It is not heard of for a lender to approve a house sight unseen and then change their mind when they go to see it the morning of closing. Lenders can run out of money. They can have as many stipulations as a conventional bank. We have seen all of this happen before and it is not fun. You need to control this part of the process. Then, you can be assured that the deal will close when it is supposed to. You should work with a lender who appreciates your business and makes you a priority.

Know your closing requirements – These requirements typically depend on the lender, but you should know what you need ahead of time. This will allow you to close quickly and easily. You may begin securing some of the documents as soon as you lock down the house. Some typical requirements are: appraisal, title insurance, survey, and builder’s risk policy.

Marketing – The entire last lesson was devoted to marketing. That’s how important this is. Market, market, market!

Integrity – In business, as in life, it is so important to have integrity. Simply put, you need to do what you say you are going to do. Everyone that you work with should be able to count on the fact that you are good to your word. In wholesaling, there are a lot of things that are out of your control – which it why it is so important to be careful of who you decide to do business with. But, always do what you can and people will want to do business with you. Remember, good news travels fast, but bad news travels faster.

Whether you decide to make wholesaling your main business or a part of your business, it is a good option for you!

“It’s a huge opportunity for REO asset managers,” said Jim Case, CEO of Fast Home Solutions, which recently launched its online property auction website at www.FastHomesolutions.com. “We’re seeing investors from all over, especially France, Germany and Belgium, as well as from the United Kingdom, Canada and Australia. They are eager to buy U.S. homes, villas, properties now, while their own currencies are strong against our dollar.”

The British pound is particularly strong, currently trading at over two to one against the dollar. “This trend means that private investors and investment groups are highly motivated to buy,” Case said. “There will be more millionaires coming out of this downswing than ever before.” Foreign investors often use a group strategy when they acquire properties, pooling buying power and distributing risk. They buy multiple properties in targeted areas, then hire local property managers to oversee them and keep them rented. “Canadians are very active right now, especially in the Sunbelt areas like Florida,” Case explained. “Likewise, people from the UK are very familiar with Florida as a vacation spot, so when they see bargains on our website, they are quick to seize the opportunity to purchase.”

This is good news for loan servicers and loss mitigation professionals charged with disposing of owned real estate. The online auction concept, while not new, is experiencing a surge of popularity because of the ease with which properties can be vetted by potential buyers, whether for investment or owner occupancy. “Asset managers are getting slammed right now by the sheer volume of properties they must sell,” observed Case. “Online auctions are the best way to get properties in front of the most people, but REO people are so busy at the moment, it is difficult to consider new methods.” Fast Home Solutions approach to attract REO listings is to avoid the negatives buyers and sellers have seen in the past with online auctions. “Buyers hate paying premiums to buy properties online, so we’ve eliminated them,” said Case. “At the same time, investors want research on areas and values, as well as finding local property managers, so we’re adding content to make those available at minimal or no cost,” he added.

The “Half-back” Phenomenon

Further complicating things for REO asset managers desiring sell property in Sunbelt areas is the increase of people leaving places like Florida for financially more hospitable climes. Their properties are competing with REO sales for buyer attention, and keeping prices low. These are people who have been whipsawed by rising insurance rates caused by the hurricanes and sinkholes of recent years, as well as increased property taxes. Rather than moving all the way back up north, they are going half way, to places like Georgia, the Carolinas and Tennessee, hence the term “half-back.” “These neighboring states have much more attractive scenarios for these sellers,” explains Jim Case. “And they still don’t have to put up with harsh winters.” With these additional properties cluttering up the inventory, REO sellers are finding their work cut out for them.

This new wave of foreign investors may be the key to keeping the market moving, said Case. “We send out over a million opt-in emails to investors every week and I can tell you that the demand for property listings is getting stronger every day,” he said. “The dollar’s weakness right now may work out to be a blessing for the REO asset managers, especially since these foreign investors like to buy more than one.”

HOW LONG WILL IT TAKE? The Short Sale negotiation process is a lengthy one. It may take several weeks or more likely several months to get an approval. Many Lenders have several layers of bureaucracy, insurers, and investors that we will have to maneuver through in order to get a Short Sale approved. So it is important to be patient during this long process, we have professional home buyers in Fairfax that assist us to quickly sell your home.

BUT MY HOUSE IS GOING TO FORECLOSURE, WILL I HAVE ENOUGH TIME? Maybe, maybe not. Just starting a Short Sale will not automatically stop a foreclosure. However, many times we can convince a Lender to stop the foreclosure to let us attempt to negotiate the Short Sale. Here in Northern Virginia, we have investors that can buy your house for cash. So, while there are no guarantees, it does not hurt to try.

CAN I STAY IN THE HOUSE? The key word in “Short Sale” is sale. The purpose of a Short Sale is to get the property sold. So you will be moving. This is not a program that can stop a foreclosure and allow you to keep the house indefinitely. It will be easier to sell the house in Fairfax if it is vacant, so you should make plans to move as soon as possible.

HOW DO I KNOW THIS WILL WORK? You don’t. We cannot, have not and will not make any promises to you that this will work. Once you missed a payment, the Lender is in charge and can proceed to foreclosure if they want to. But we know they do not want to and we are very good at presenting alternatives to the Lender that they often want to accept rather than foreclose. We are very good at what we do here in Fairfax Virginia, but NO PROMISES are being made as to whether or not the Lender will accept a Short Sale, they may or may not. That being said their are Lenders who are very difficult to work with and just this week This week the White House and the Treasury Department are sending warnings to Lenders that unless they act with greater dedication to modifying or negotiating short sales for troubled borrowers’ loans the consequence will be a public call out of those lenders who are uncooperative.

WILL I GET ANY MONEY FROM THE SALE? A universal requirement of Lenders in granting a Short Sale is that the borrower will not get any proceeds from the sale of the property. The Lender is going to take a loss on your loan, they are not going to let you get any money. So, that means home sellers in Northern Virginia and accross the United States will not receive any money at closing.

WHAT HAPPENS IF THIS DOESN’T WORK? Your house in Fairfax VA will likely go to foreclosure. A Short Sale is something we try after you have exhausted your other options. We are a dedicated group of professionals in Fairfax Virgina that believe in helping others.

WHAT IS A “RELEASE”? A Lender may offer to “release its security interest against the property in exchange for less than the total amount of the note. A release will allow the property to be sold without paying off the obligations of the note. However, the note is not satisfied. Advantages: This successful Short Sale will allow the property to be sold and thus avoid a foreclosure. Disadvantages: The remaining debt on the property (sometimes called a “deficiency”) still exists. You are still liable for the note – in other words – you still owe the money. Reality: It is not likely that the lender will pursue the deficiency unless you have other significant assets, and if you don’t try a Short Sale and the property goes to foreclosure, you are going to have a deficiency anyway.

WHAT IS A “SATISFACTION” A Lender may agree to accept less that it is owed as complete and total satisfaction of the note and release it’s lien against the property. Advantages: Your note and obligation to the Lender are satisfied for less than owe. When the property is sold, the debt is paid off completely. Disadvantages: You may have some tax consequences that you should discuss with your tax advisor due to the fact that the Lender is making money you owe disappear. At times in Fairfax our negotiations are successful in obtaining a satisfaction. Sometimes all we get is a release.

WILL THERE BE TAX CONSEQUENCES? If we are successful in obtaining a full satisfaction, then there will be tax consequences just like winning the lottery, getting a raise or finding a bag full of money. Essentially a satisfaction of a debt is like finding a bag full of money and you should consult with your tax advisor as to whether or not a successful Short Sale will result in any taxes owed. However, we know of very few people who do not want to win the lottery because there may be tax consequences. We do have a FREE REPORT that may assist you and your tax accountant just visit our web site for more information.

So where do you start? First, you need to understand that there are many ways to find homes for sale in Grand Rapids, and you can find good deals many different ways also. There are foreclosures, short sales, auctions, probate sales, bankruptcy sales, motivated sellers due to divorce or job loss, and many different other situations. All of these can lead to a great opportunity to buy a house in Grand Rapids below market value. There are several ways to go about finding these types of properties.

One of the most basic ways is to work with a real estate agent that can search out foreclosures for you. There is a lot of competition when a hot property becomes available, so you will want to be ready to move fast. Another way you can find properties is by marketing directly to distressed seller. Upcoming foreclosures become public record, and you can use that list to contact the property owner. My company does this on a weekly basis, and we turn up many great property deals.

For sale by owners are also a way to potentially find a great house to buy in Grand Rapids. This can be a time consuming process, but the payoff can be huge when you find the right motivated seller. Just remember during your property search to pay attention to the numbers. Your goal is to get a great price so you will have a good amount of equity in the home. Whether you are a 1st time buyer, or an investor, this equity is what will make you money in the future.

There are also services that search for properties in Grand Rapids that can be purchased below market value. Sign up to for a free Grand Rapids property update to see these houses before they even get listed. This is a great way to get the best prices without taking all your time searching for properties.

Now is a good time to buy a house in the Grand Rapids area, don’t wait until prices go back up!

Selling house for cash is an option offered by many real estate investors and investment groups. Buying houses with cash expedites the closing process, eliminates realtor commissions, and creates a win-win situation for all parties involved.

The primary benefit of cash real estate transactions is closing can occur in a matter of days instead of weeks or months. Sellers do not have to agonize over their buyer being approved for a mortgage loan. Obtaining a home loan today is no easy feat. The days of “no-money-down” subprime home loans are gone.

A second benefit of selling house for cash is there is no need for a realtor. Homeowners can list their property as “For Sale by Owner” then seek out real estate investors to buy their house. Selling a house for cash is no different than selling to a buyer who has obtained conventional financing. Real estate title transfers and legal documents should be prepared and filed by a real estate lawyer.

Recent housing reports show a slight increase in home mortgage loans and new home construction. However, sellers face stiff competition in today’s real estate market. Qualified buyers can choose from a wide range of low-cost foreclosure and bank owned properties. Homeowners who need to sell their home quickly can outwit competitors by actively seeking out real estate investors or buyers capable of purchasing real estate with cash.

There are many types of real estate investors. Some specialize in high-dollar homes, while others focus on buying foreclosure or short sale properties. Short sales are complex and require assistance of a short sale specialist, such as Simon Volkov.

Borrowers who obtain short sale approval are not allowed to profit from the sale of their home. Lenders allow borrowers to sell their property for less than the amount owed on the mortgage loan in exchange for quick sale. Most mortgage lenders require borrowers to have a qualified buyer in place before entering into a short sale agreement.

Real estate experts claim less than 20-percent of short sale requests are approved. Few people can undergo the process without assistance from a real estate specialist. Working with a real estate investor who specializes in short sale transactions can improve the chances of approval ten-fold. Short sale specialists know what it takes to obtain approval and can help borrowers locate investors who buy homes with cash.

Before selling your house to anyone, engage in due diligence to ensure you are working with a reputable business or private investor. Real estate is a hot commodity that invites unscrupulous people to prey on desperate homeowners.

Ask for referrals. Consult with real estate professionals. Conduct research online. Your home is a valuable asset. If you aren’t careful, a scammer could steal your home away from you and leave you responsible for repayment of the loan.

If you are chanting, “sell my house quick” consider seeking out private real estate investors. While the list of qualified buyers has become shorter due to lending restrictions, investors are buying real estate across the nation at record pace. In some cities, property values have declined upwards of 40-percent. For real estate investors, there has never been a better time to buy.

Selling your house to an investor creates a win-win situation for everyone involved. Investors obtain investment properties at discounted rates and sellers are given the opportunity to alleviate financial burdens.

Individuals facing foreclosure or engaged in a short sale should seek out investors experienced in these fields. These types of transactions can be difficult to negotiate without assistance from a real estate professional.

Borrowers facing foreclosure have a better chance of obtaining short sale approval by having a buyer in place. Some lenders make this a requirement while others allow time to locate a buyer. Working with an investor who specializes in short sales can shorten the duration of the transaction and provide a much smoother ride.

It is important to note, short sales must be authorized by the mortgage lender’s loss mitigation department. Additionally, properties which are already in the midst of foreclosure do not qualify for short sale offers. If you are delinquent on your home loan, but not yet in foreclosure, now is the time to contact your lender regarding short sale approval.

The best case scenario allows borrowers to walk without owing additional funds. Some lenders persue borrowers for the deficiency between the short sale price and loan balance. Others accept the sale price as payment in full toward the note. It is important to know which type of short sale is offered by your lender.

Real estate investors that specialize in short sales can walk you through the process and help present offers to the lender. Oftentimes, investors buy homes with cash to obtain the best deal. Mortgage lenders are generally more receptive to cash sales than offers requiring financing approval.

Individuals who need to sell real estate due to divorce can also benefit from working with a private investor. Benefits include selling the house quickly, which allows sellers to put cash in their pocket and move forward with their new lives.

Probate real estate refers to property bequeathed to heirs through a decedent’s Last Will and Testament. Unless a person has established a trust, all assets must be transferred to probate when the property owner dies. Probate is used to validate the Will, pay outstanding debts, and oversee proper distribution of assets to heirs.

On average, probate takes six to nine months to settle. During this time, the decedent’s estate is responsible for expenses related to the house. If the estate does not have adequate funds, a probate judge can order the property sold. If probate real estate is owned outright, estate executors can elect to sell the house to eliminate maintenance, insurance and taxes.

Regardless of the reason for needing to sell your house quick, consider working with a seasoned real estate investor. Doing so can save you time and money, eliminate the need for a real estate agent, and expedite the process. Instead of saying, “I need to sell my house quick” you can sing, “I SOLD my house!”

A registered trademark of HomeVestors of America, “We Buy Ugly Houses” is a national home buying franchise based in Dallas Texas. With upwards of 200 office locations, HomeVestors is the most familiar house buying organization in the United States.

The We Buy Ugly Houses program focuses on purchasing distressed properties which require extensive repairs or renovations. Real estate is purchased for approximately 60-percent of its appraised value, less repair costs. HomeVestors renovates the home and resells the property for profit. The program helps stabilize housing prices within the neighborhood and alleviate financial burdens for homeowners.

We Buy Ugly Houses primary focus is purchasing ugly, rundown properties requiring substantial repair. However, few resources exist for sellers who own homes in good condition. Today, many homeowners owe more than their home is worth. They need help selling their house fast, but are unable to sell their property below market value.

Many reasons exist for homeowners needing to sell their house fast. The most common include bankruptcy and foreclosure. Oftentimes, sellers need to sell vacation property or second homes to reduce financial obligations. Others are forced to sell based on employment relocation, military service, death of a spouse, divorce or chronic health problems.

Some homeowners have obtained short sale approval from their mortgage lender in attempt to avoid foreclosure. When banks enter into short sale agreements, they agree to accept less than borrowers owe on their mortgage note. In most cases, banks require borrowers to have a buyer in place before granting short sale approval.

Not all mortgage lenders participate in short sales. Those that do require homeowners to provide financial documentation proving they are financially insolvent and unable to repay their mortgage note in full. Once approval is obtained, the short sale process generally takes three to four months to settle.

Probate executors in charge of administering probate estates oftentimes need to sell real estate to settle the estate. Probate is the legal process used to validate decedents last will, pay outstanding debts, and distribute inheritance assets to assigned beneficiaries.

The decedent’s estate is responsible for all real estate related expenses. If the decedent held a mortgage, the estate must continue making payments along with property taxes, homeowner’s insurance, homeowner’s association dues, and property maintenance.

If the estate does not possess the financial means to pay expenses, a probate judge can order the real estate to be sold. Each state adheres to different probate laws. Some require court approval before real estate can be sold. If multiple heirs are entitled to the house, they must all agree to sell the property unless the sale is ordered by the court.

One lesser known resource for property owners who need to sell real estate quickly is private investors or investment groups. Private real estate investors often buy houses with cash in order to expedite the deal. Individuals engaged in short sale transactions should seek out investors who possess experience with short sales to avoid delays.

Private real estate investors can be located by conducting research online. Using your favorite search engine, type in the name of the state plus “real estate investors”. For example, if you reside in California type in “California real estate investors”.

Investors can also be located by searching real estate Classifieds in local newspapers or by attending investment networking meetings. Most realtors and real estate brokers can recommend investors and investments groups in your area.

It is imperative to engage in due diligence with any real estate transaction. Ask investors for a list of recent real estate transactions and referrals. Take time to contact each referral to determine their experience with the investor. Your home is a valuable asset, so take time to conduct research to ensure you are working with a reputable investor.

When the bank takes control of a house that is when a distress property is classified as a foreclosed property. When the bank forecloses on a house, the bank will try to sell the house in a foreclosure auction. In a foreclosure auction the person with the highest bid will take control of the house from the bank. If the price is too low the bank will not sell the house. Some foreclosure auctions start at the price the bank is willing to sell the house for. Finding these auctions can take some work. Some places you can find foreclosure auctions are the newspaper and online. One other thing you can do is buy foreclose property lists for your area online. It is important to do research on the properties to see witch ones you will be interested in. It is important to research the property so you won’t over bid. One way of doing this is going and physically taking a look at the properties you think you will be interested in and do an assessment of there value.

Most likely you will not get to see the inside of the house, but you can make an assessment of the house from the outside. You should stay off the physical property if you can. You will not want to get charge for trespassing. It is recommended that you take pictures and write notes about the property; this is a good way to help you to make the decision of what properties you will want. It can also help you to make an assessment on the highest you will pay. When it is time for the foreclosure auction stick to your assessments and do not over bid. You may not get your first choice but it is better to get your second or last choice at below market value than to over pay for your first choice. Buying foreclosure properties does take some work, but the money you will save is worth it.

The following tips may help you sell your house quickly, but we need to cover something first. If you have some type of defect with your house, it is going to have to be repaired to sell it to a retail (owner occupant) buyer. There is a difference between making small repairs that prevent a sale versus having a major problem like a cracked foundation or severe termite damage. These tips will only help if your home is in reasonably good shape when compared to those houses selling in your neighborhood. If you have major problems with your house, a buyer will not be able to get a loan and you will therefore be better off selling to a reputable cash buyer like Charleston Home Buyers, LLC that can buy your property quickly “as is” without any bank financing needed.

1. PRICE – Hands down, the number one thing involved in selling your house fast is the price. The price of your home should not be what you personally think it is worth or what that little voice inside your head tells you that you deserve since you “put all that money into improvements……like your new in ground pool”. Buyers simply don’t care about what you paid for your house a few years ago or that you put the best stain-resistant carpet you could buy throughout the house. If you’re asking how do I sell my house fast in this market, the bottom line is that you have to set a price that is very attractive to buyers. The best way to do this is to look for comparable houses in your neighborhood that sold fast. Note I said sold, not what they are currently listed for. Asking price is just that….an “asking” price. And all it means to you is that your price should be below theirs if you want a buyer to choose your home over theirs. Find out how much the homes sold for and compare your price to the prices the other houses sold for while taking into consideration their square footage vs. yours. If you are above those prices, you need to take a deep breath, bite the bullet and lower your price. When it comes to pricing your house for a fast sale, overpricing it in the beginning to just “test” the market will only bite you in the end when you have to chase the market prices downward, your house gets stale to the market and buyers wonder what’s wrong with it. Just follow the lead of others in your area and make sure your home is the best priced and if at all possible the nicest as well. Which leads us to tip number 2 (subscribe to our feed for tips 2 and 3 coming shortly).

Price is just one of the things you can do to try to get your house sold quickly. However, if you’re sick and tired of waiting for your house to sell, have a difficult situation or perhaps just don’t want to deal with the hassle of having to have your home in tip-top shape, and constantly clean in case of unexpected showings that never seem to happen, then selling your home to a professional home buyer like Charleston Home Buyers, LLC may be a great idea. There are many advantages to selling to a local real estate investor: There will only be one showing. They are cash buyers which means you won’t have any surprises the day of closing [after you have the moving truck packed] when your realtor calls to tell you the buyer’s financing fell through. You won’t have to clean or make any repairs. They buy real estate “as is” so you won’t have to worry about your buyer backing out because their home inspector says there are “problems” with the house. It also allows you to go shopping for a new home because you know that you have a solid buyer with very few contingencies ready to cash you out now or whenever is convenient. Another advantage is that they are very adept at handling many difficult situations such as: foreclosure, bankruptcy, divorce, probate and inherited property, vacant houses, tired landlords, short sales, multiple lien holders, lost job and behind on payments, needs repairs and updating, already moved and making two mortgage payments, listing is expired, no equity and you can’t afford to continue paying. These are common problems that can happen to anyone. Charleston Home Buyers specializes in finding creative win-win solutions to real estate problems that others won’t touch.

To find out more how you can sell your house “as-is” for a fair price on the date of your choice, get our FREE REPORT “How to Sell My House Fast”. If you are falling behind on payments or facing foreclosure make sure you get our FREE REPORT “How to Stop and Avoid Foreclosure”. If you need to sell your house quickly, please submit your property information via the “Sell My House” form at our website today for a Free, Confidential, No-obligation offer or call our toll free 24 hour recorded message at 888-52-BUYER (888-522-8937) for more information about selling your home to a professional house buyer. You can also always call us direct at 843-72-BUYER (843-722-8937), however we recommend that you take 5 minutes to fill out our property information form first so that we can save you time by having the information we need to get you an offer right away.

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