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How Do I Know If I Have a Firm Commitment When I Sell My Home?
? When I buy a home to re-sell it sometimes I get a little bit attached to it. I can tell you after buying and selling dozens and dozens of homes over nearly 40 years there is one thing I've learned for sure, and it sounds just like the old baseball saying, "It's not over 'til it's over." Remember that one? Well, I know that when I sell my home it can be a long process, just like playing a baseball game. Think about two teams playing baseball as I relate this process to you. Let's call the...

Selling a Home In a Difficult Market: Tips for a Quick Sale Even In a Down Market
Since times are tough a lot of people find themselves needing to sell a home. If you find yourself in this situation, do you know what to do? People often ask me about selling their homes because I have bought and sold hundreds of homes and I have learned a thing or two about how to do it. You don't have to be an expert to sell a home, and you certainly don't have to be a real estate agent to sell a home either. You simply have to know that there is a particular job to be done and make a...

Sell My Home - What Is My Fair Market Value?
? Once I make a good purchase on a home, invest a little money making repairs and improvements and finally get ready to sell my home, I take a deep breath and remember that my buyer will more than likely need to get a mortgage loan. Having obtained many mortgage loans myself over the years I am very familiar with filling out an application to borrow mortgage money. Not only do will my buyers have to qualify in the process of obtaining their mortgage, but so does the home itself. Before making...

How To Qualify a Potential Home Buyer
Sometimes people call me to look at their home, thinking I might want to buy it. Sometimes I buy it and sometimes I don't, but almost every time they ask, "Can you tell me how to sell my home?" This is a question that is very familiar to me, so I have several answers on the tip of my tongue, although I try to consider each homeowner's circumstances before making any suggestion at all. To sell a home you have to realize that it's not really about selling the home, that's the problem. It's about...

How Fast Thinking Can Lead To A Quick Home Sale
I remember a time before there were jiffy stop places that change the oil in cars. There were gas stations and there were a lot of people, mostly men, who changed the oil in their cars and trucks themselves. Today it seems that most people pay to have their oil changed, even some of the same people who know very well how to change their own oil. Why am I talking about oil changes in an article entitled "Sell Your Own Home Quickly?" Well, it's because most people think about selling their home...

Do Not Simply Sign The Agreement Offered By a Realtor Without Understanding It Well
Because most people choose to use the services of a real broker to find a buyer and sell a home the subject of the real estate listing agreement is really important. It's not very interesting to most people, so the truth is they usually sign the form without paying much attention to what it says. Good brokers and agents will explain their agreements of course, but they rarely explain the alternatives. Yes, there are alternatives available. This article is about the various types of listing...

Take These 4 Steps Before Attempting To Sell a Home
I am a real estate investor who makes a living by buying and selling homes as well as a few condominiums and apartment buildings. If there's one thing I know how to do, it's sell my home quickly, condos and apartments might take a little longer. There are a lot more people in the market for homes in most areas, more than those looking for condos and apartment buildings. That's why I specialize in single-family homes because the size of the marketplace is larger. People are always asking me...

What Are Your Goals When Selling Your Home?
? There are certain moments in life where you say to yourself "I want to sell my home". There are many cases where selling the home you currently live in is a good idea. Some may be thinking of down-sizing or up-sizing to address their current situation. Some would consider selling homes for profit. Others may be forced to sell their homes due to mortgages gone bad. There are other reasons why one would be forced to sell the home they are living in. If indeed you have decided to proceed with...

The Top Reasons a Home Will Not Sell Fast or For a Good Price
If times get tough and you need to sell a house, do you know what to do? People often ask me about selling houses because I have bought and sold hundreds of houses over the years. You don't have to be an expert to sell a house, and you don't have to be a real estate agent. You simply have to know that there is a job to be done and decide that you are going to do it. That means you need a plan. To get started, you need to get out a pen and a pad of paper and write down all the reasons you need...

When Is The Best Time To Sell Your House?
? When someone approaches me and says, "Leo, please tell me how to sell my house", I take a deep breath and hesitate a moment because there's one big thing that is usually a problem. I mean it's a problem with nearly everyone who decides to sell a house. And the problem is not the economy or the money market or the fact that a tornado passed through the neighborhood last month. The problem hits a lot closer to home than any tornado, and it's the most important thing a homeowner needs to...

Selling a Home Requires Making a Great First Impression
I'm going to share with you one important thing I do when some of my tenants move out and I decide it's time to sell a particular property. If I didn't know how to sell my house myself I would simply call a real estate agent and let a professional handle it. But over the years I've developed a system that works for me, and I'm thinking it might be something you should consider in the present real estate market. I've talked to a lot of people who said my suggestions worked for them in the...

Why It Is Foolish To Rely Solely On Others To Sell Your House
Maybe that sounds rather bold, but the truth is that nobody knows how to sell my home like I do because nobody knows my home like I do. I happen to own a lot of homes, and sometimes I rent them out to tenants and sometimes I sell them to new homeowners. In fact, sometimes I rent out a house for a while and then sell it to the tenants and they become homeowners themselves. So, what's the benefit to knowing my home better than anybody else? Well, it's the biggest benefit of all, really. There...

My Secret Attitude That Allows Me To Sell My House Quickly
Since it's my business to buy houses and improve them in order to re-sell quickly, I've learned a few things about how to look at each house individually, as though it is my own home, as though I bought it to live in it, which is the first way I prepare myself to sell my house quickly. Let me explain what I just said, since it's a little unusual. I step back from each house I buy and look at it as though it is my only house. For me, that takes a little effort. I've bought and sold hundreds...

Factors To Consider Before Selling Your House Yourself
Of course you can always sell your house yourself if you have never listed it with a real estate agent. It is your responsibility and nobody else is standing around waiting to do your job for you! But even if you list your house with an agent you can still sell your house yourself. I mean, you can find the buyer and show your house and then, well, that is when the fun really begins. Then you have to produce the proper documents and fill them out properly and take them where they need to go,...

Is It Time To Partner With Your Real Estate Agent When Selling a House?
? We live in a society that tends to think that other people, like doctors and real estate agents, are responsible for our own needs. If we think our doctor is more motivated to keep us healthy than we are personally motivated is a big mistake. Staying healthy is our own personal responsibility. We all have to be pro-active about our own health. Well, when we need to sell a home it works the same way. We have to be personally motivated and realize it's our own job. And to sell a home we need a...

What If You Can't Sell A Home?
? I see people making a big mistake in this tight real estate market because they think somebody else is somehow more motivated to sell a home for them than they are motivated to sell it themselves. This is not logical, really. It reminds me of another common habit we have, which is thinking our doctor is somehow more motivated to keep us healthy than we are motivated to stay healthy ourselves! You have to be the one who is determined to get it done. You have to be the one who is dynamic and...

Is It Required To Use a Real Estate Agent To Sell Your Home?
? Quite a few of my friends are real estate agents and they tell me that sellers these days are in a big hurry. For one reason or another, sellers are saying, "sell my home quickly" and they simply cannot wait things to progress gradually. A large number of sellers just have to move, so they need to sell their homes ASAP. That attitude is a challenge for real estate agents across the country, no matter what area or what neighborhood you might select. For one thing, there are more houses on...

Curious About Residence Equity If you are Selling A House?
? The market value of a house determines how much equity the seller will realize when it sells. Of course there will be expenses at the time of a sale as well, so the amount of equity needs to be sufficient to cover the expenses when selling a house. Equity is the difference from how much is payable in the home and its real market price. The key to determining equity in a house is calculating the market value correctly, meaning the price the house will bring under present market conditions....

Can Your House Be Sold In Its Current Condition?
? Many homeowners are puzzled about the market and what buyers really want in a home for sale. Most would do a lot of preparation to the house and make it look presentable and attractive as much as possible. You can do a major cleaning drive, repaint walls and ceilings, clear all the clutter, display all desirable ornaments and place a reasonable price. Have you thought of seeking assistance from a realtor then ask them this question: "can you sell my home given these conditions"? Then you...

Should You Consider Sellling Your House Yourself?
? Do you have a property you need to dispose of? Whether it is for income or for downsizing or other reasons, there is this one question that will linger on anyone's mind: Can I sell my house by myself? It is a normal question to ask yourself because everyone must have experience in selling something whether it's your antique furniture or lemonade. The concept should be the same, right? Indeed, selling your house has the same concept as all other transactions we do everyday. However, the...

Reasons Your House Will Not Sell And What To Do About It
Why is it that sellers often think that a real estate agent is going to be very motivated to sell a house? I mean, why should an agent get more excited about a house sale and earning a commission than the seller is motivated to actually get the house sold? You cannot delegate your own enthusiasm for a price, not really. You have to do what it takes yourself and only delegate part of the job of selling your house to your agent. You have to be serious to sell a home in the present marketplace....

Bank Owned Properties - The Reason Why These Real Estate Are Affordable And A Fantastic Investment O
Bank owned properties aren't usually sold at live and online auctions. These properties are also known as foreclosed or repossessed properties wherein previous owners made a financial liability to the bank and wasn't able to pay in due time. With that, banks are allowed to claim their financially lost value from the owner and will claim any valuable asset which are usually the properties. Therefore, bank owned properties aren't brand new properties and property conditions can range from...

Advantages In Investing In Foreclosed Real-estate Available For Sale
Buying foreclosed real estate for sale are popular among investors. These properties are on the lowest price which can still generate a hefty amount of earning when properly utilized. Even for homes in extremely poor state still have a good chance of making benefits in the future. All it needs is patience and tons of wise investment decisions. One may still be reluctant to invest in foreclosed homes. There are many advantages in doing business with these properties. Here are some of the few...

Selling a Home? Know Your Appraised Value
Selling a Home? Know Your Appraised Value Setting your listing price is one of the most important things in the home selling process. Knowing the value of your home helps you determine your listing price. But how do you know the value of your home? Who decides the value and how do they decide? Many factors influence the value of a home, such as square footage and number of bedrooms, bathrooms and garages, interior and exterior architectural features and extras like a swimming pool or a...

Selling A Residence: What's The Earnest Cash Downpayment?
? Once an agreement between the buyer and seller is signed there are a couple very important things that need to happen. An agreement to sell a house must be in writing in the form of a contract, and contract law includes an element called "consideration", which sounds familiar of course. We all know it to mean, "kindness and thoughtfulness", but that is not the legal meaning of the word. As part of a contract, the consideration is something of value that is given as a pledge, as proof of the...

What Are Discount Points With Respect To Home Buying?
? The subject of discount points is rather confusing, but this is my attempt to simplify it . To begin with, it's important to realize that discount points can actually benefit both the borrower and the lender, although the immediate benefit seems to be towards the lender because at closing the borrower pays an additional fee to obtain a loan when buying a house. Needless to say, discount points aren't important to get yourself a home loan. But, the borrower may decide to pay extra money to...

How To Evaluate Houses For Sale
Searching for houses for sale is a daunting task with so many things to consider before actually buying one. Know the important tasks you should be doing in order to achieve a quality home at a price you can afford without making you worry so much. Quality Purchasing houses for sale is an investment hence would likely involve a lot of cash. You wouldn't want to waste a single dime on a badly structure house wouldn't it. For most, hard-earned money is hard to let go and purchasing things,...

Investing in a Property? Fully understand Your Annual Percentage Rate
Investing in a Property? Fully understand Your Annual Percentage Rate Knowing the Annual Percentage Rate (APR) you are paying on your home is very important because it allows you to compare the actual cost of a mortgage loan for purchase or refinance, and it allows you to know exactly how much the house will be costing you in the long run. Determining what charges and costs are included in your APR is also important, as that affects the up-front costs and monthly payment you are required...

Selling A House: Do I Need A Contract?
? You probably know people who didn't have to list their house for sale because they had a friend, relative, co-worker or new acquaintance who wanted to buy it. They just needed to close the sale themselves and didn't know for sure what comes next after finding a buyer. What an enviable problem! Finding a buyer is the first of many steps in the process of getting a house sold, but it's just the beginning of the process. The most important thing homeowners need to know is that the sale of...

Dangers In Multifamily Home Investments
Opportunities for multifamily residential investments doesn't appear out of nowhere without any effort from the investor. One needs to make an effort in finding a good opportunity from the many opportunities in the residential market. To do that, investors need to have a good pre-investment planning and other essential backup plans for bad cases during operation. First, in making multifamily residential investments on a certain property, try to calculate if the estimated cash flow or income...

Buy Vacation Residences Available For Purchase For A Ready-To-Use Holiday Destination
Everybody needs a vacation and getaway from the stresses of everyday routine whether at home or at work. Buying vacation homes for sale might be a good idea. A vacation home ready and conveniently waiting for you anytime you want to unwind and relax is indeed a great idea. No need for intense planning and organizing or a long debate with your family on where to spend your vacation together, just pack your bags, grab your kids and their toys, grab as much food you want to eat and head to the...

Characteristics Of Properties Best For Multifamily Residential Investments
Multifamily residential investments are not easy and are accompanied by risks all the time. Reducing those risks are essential and to do so, one needs to search of specific characteristics of the property in order to identity properties with good potential for this kind of business. But learning the theories of the right and proper decision making can be done and is a science. This can improve your chances in making success in the business. Here are a few tricks of the trade in looking for...

Do I Need A Traditional Mortgage When I'm Getting a House?
? For the longest time you could only get one type of home mortgage when you were buying a house. It was called a "conventional mortgage" because it was simply the way to go! Here's how it worked: A person who needed to borrow money to buy a house would go into his local bank, savings and loan institution or credit union and apply for a mortgage with a fixed interest rate for a certain number of years. The most common term of a conventional mortgage has always been 30 years, although shorter...

Vacation Residence Investment - Preparing For The Future
Where would one go after his or her career ends? Many would prefer retiring on places where everyday seems like a vacation. The practice of making a vacation home investment for those near retiring age have been popular over time. Financial analysts say that by the time most people retire from their careers, they are most likely to be financially sound enough to afford a decent real estate property somewhere they most prefer which are vacation destinations. These places offer peace and quiet...

Home For Sale Requirements - Important Things To Complete Before Selling Your House
Selling your house is like selling a normal asset. Advertising your home for sale needs a lot of prerequisite in order to attract buyers. You can't expect a dirty and mangled car to sell well in the market and same goes for houses too. Keeping your house clean is a vital step in preparing your home for sale. You have to give the buyer a good impression that the house was indeed properly maintained during your occupancy thus imply that the house wasn't damaged by your activities or neglect....

The Things You Need To Know Prior To Getting A MultiFamily Residential House
People can be attracted to the benefits of investing in a multifamily residential home but one must understand that this is a risky business. Before venturing into the real estate industry, one must have the necessary knowledge and experience. The first thing you can do is to know the assets of your competitors. The market value of the property can depend on other properties in the area that are also for sale. Visit some of these properties and weigh their advantages and disadvantages against...

Vacation House Investment - Guidelines In Searching For Properties As Vacation Spots
Real estate property remains to be one of the most invested asset in one's lifetime. All desires to have a permanent dwelling place in one way or the other. That's why businesses related to real estate will always be at large no matter what economic situation your country may be in. It's a fact that a house is a necessity, but up to what extend should a house be in terms of standards and class. There are many types of real estate property and it should matter which one you choose for...

The Simplest Way To Purchase A Home Less Expensive
Whether you are looking to buy a house cheap for investment purposes or to relocate yourself, you need to know some basic rules and tips. You should have a whole game plan to deal with realtors. If you have experience in dealing with them, it would prove to be very useful. Your ultimate goal as a buyer is to pay the least amount possible for a house with highest value. This will help you without considering whether you are an investor or a person who is interested in living there. You should...

Proven Methods To Sell A House Quickly - The Secret Ideas
If you would like to promote your house because of a number of monetary concerns or whatsoever motive, understanding how to sell a house quickly may in fact assist you in this procedure. This informative article includes three useful information on selling your house instantly. The guidelines, if put into practice provides you with excellent outcomes. You would like it quick and simple and you'll be capable to accomplish this by simply sticking with these basic guidelines. Let The World Know...

Tips On How To Market Your Property For Sale
Advertising is perhaps the first task one needs to do in dealing with their property for sale which is to make it known to people that it is in fact for sale. You can either choose two methods in advertising your property for sale which is by self or through professional services. Know the advantages and disadvantages of these methods in order to identify the appropriate method to use with respect to your resources. Online Advertising and Listings Posting your property for sale online is...

Multifamily Residential Homes - Reasons Why You Should Invest Now
The recent recession has caused residential foreclosures and this created a stir in the real estate industry. Many investors have become interested in these fore closed multifamily residential homes and they engage in the field of buying and selling. They renovate the house ad sell them again immediately at a higher price. Some investors buy these houses but wait for some time until the economy has recovered before selling them. You can sell the property at any time but it is important...

What Is a Short Sale and How Can One Benefit From a Real Estate Short Sale?
? What is a short sale? Real estate short sale in particular and how can one benefit from it. Do real estate short sale for a cheaper way of buying properties thus can be a good avenue for a profit making business in real estates and make your future financial status more stable. So first, we talk about common incidences in the residential market. Every homeowner in your country that still pays liabilities regarding his or her property to a certain financial institution, whether its a bank or...

Trying To Find A Residence With An Assumable Mortgage?
? An assumable mortgage is a mortgage that allows a subsequent buyer the ability to take over the payments on a home instead of getting new financing. There are some good reasons to assume a mortgage if you find a house with assumable financing. If the existing mortgage has a lower interest rate than current market rates then buying a house and selling a house can become much easier! You might find yourself interested in a house primarily as a result of the lower interest rate, although...

How to Sell My Home
Looking for advice on how to sell your home? Before placing the property on the housing market it is vital to have it in decent viewing shape. Following these simple guidelines will allow any homeowner to receive the greatest value for their greatest asset. Preparing the Home for Sale In order to present a house as one that has an economical advantage when it is time to sell it, it is important to have the home at its best condition and appearance. By accomplishing these two main goals, it...

How to Sell a House by Owner
If you want to make money quickly in this slow economy, one of the most profitable ways of coming out ahead is to sell a house for cash. Of course, there are difficulties associated with most sales and to sell real estate property is no easy task, but the payoff for your hard work is the key point. Many individuals in this economy find themselves very strapped for cash and coming up short on their bills from week to week. However, many people in this situation have a home with positive equity....

Sell Your House 101
How to sell my house fast 101 is quite easy. If you've been grinding away for months wondering why your home won't sell; the answers are here and laid out in the easy format of Sell My House for Dummies. We'll just skip over what you've been doing wrong and get straight to the how to do it right. You have reasons to run away from your former treasure, and any buyer may have the same excuses not to purchase your abode. The three main core decision makers you probably implemented to buy will be...

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