How To Sell My House Fast – Top Tips To Get Your Home Sold For the Highest Price

Want to know how to sell your house fast? There are truly millions around the country who want to sell their homes fast and effectively but also for the best price too. That can often be really difficult because the market is not always perfect and some buyers look at taking down the price somewhat. However, there are many great and simple ways to get more value from your home and to help sell the house faster too.

Make the Minor Improvements

Sometimes, it’s the minor things that can put buyers off from making an offer on your home. Little things such as refreshing the exterior paint of the home as well as areas within, it can help to add value and get people to make an offer too. Remember, people want to be able to walk into their new home without having to do much but with lots of little jobs to be done, it can end up putting many buyers off. To sell my home fast, you have to absolutely put the finishes touches to it. Of course, if you have major issues to solve, they should be attended to so that you can get a faster sale.

Have a Sensible Asking Price

If you have paid $120,000 for the home and in less than a year’s time you want double that, think again! That is not a realistic price and it is certainly not the best way to get a fast sale. When you want to get a fair price for your home and a quicker sale, you have to price your house sensibly. To sell your house fast, you have to think about what you paid for it, what improvements you have made and what is a very sensible asking price. Over valuating the property is not smart because it might put a lot of buyers off. You have to ask for a good and reasonable asking price to get a faster sale. Learn more.

Be Open and Honest About the Home

When you are getting viewings you absolutely have to be open and honest about the home and what, if any, problems there are. If you have minor issues to be resolved or even major ones, you should ensure they are revealed at the viewings. Yes, it might put one or two people off but there are also many viewers who will say they still want to buy the home. In order to sell my home fast, honesty works. It doesn’t matter if there are issues with the home or otherwise, you should be honest about the home no matter whether it’s about flooding or something else.

A Fast Sale Is Possible

Getting a fast sale is possible but of course it can vary considerably depending on the popularity of the home and how it comes across to buyers. Sometimes you have to attend to the home somewhat in order to attract more buyers and to get a quicker sale too. There are lots of ways to help enhance your homes selling potential and to get a faster sale too. You can sell your house fast without too many issues to deal with. Learn more details at: http://1800sellfast.com/tips-on-getting-the-most-out-of-your-real-estate-sale/

sell homes quickly

How to Sell Your House Fast Using Mini Leveraged Buyout to Sell Homes Fast

In how to sell your house faster using the Secret of the Easter Ham, we have promised to show you how to use strategies and tactics not usually used in real estate to sell your house faster and for more money.

The leveraged buyout may sound a little too powerful for selling a house, but there are elements that can work under certain conditions.

Although leveraged buyouts have been used in corporate real estate and small businesses for years, in recent times, usage has expanded.

The term leveraged buyout became part of the language of American business in the seventies and eighties as large companies were taken over with a mixture of debt which would be repaid by the producing assets of the company being purchased.

The biggest takeover that I recall was RJR Nabisco in 1989 for $25 billion.

What we are talking about today is the reverse of that kind of leveraged buyout. First we are working with relatively small transactions (a single family home) and we are looking at selling not buying against the will of the person who owns the asset.

The seller would like top dollar, a quick sale, and as much assurance as she can get that the transaction will work out safely. Modern traditional real estate will not do that because of the factors mentioned in the first article in this series. But, with the right mixture of people and house, the leveraged buyout can.

Consider a home in a nice neighborhood that was once worth and bought for $100,000 and now has bank owned homes in the same neighborhood selling (and becoming comps) at $40,000 and similar homes renting for $800 a month. Seller would be happy getting $60,000 and thrilled if the sale happened within a month.

The seller finds a real estate investor with extensive rental holdings and rental experience and sells the house for no money down (for illustration, down payment is allowed) and agrees to take $333.33 a month for 15 years from the buyer. The buyer pays all closing costs and then rents the house for $800 a month.

Taxes, insurance, potential vacancy and repairs and marketing costs to run the rental probably works out to something like $300 a month, leaving the seller with free and clear $333 a month, the investor landlord with a variable amount each month averaging a little under $200 a month and with the potential of capital gains.

Obviously this number will vary a lot from area to area and will only work on lower priced homes where the rent to sale price ratio is favorable. This will also only work with an experienced landlord who already has numerous homes so that the vacancies and repairs are spread over large numbers, and where the seller is wise enough to allow enough potential profit for the investor, so that they will be highly motivated to make it work and continue the payments to the seller.

There are a lot of people advertising that they buy houses and that is the first place to look for buyers, but you need to take one more step. Answer the ads and talk to the buyer and get their name. Then look them up in the public records of the county where your home is located.

The person you want already owns 15 or more homes and has no foreclosures against them. They may be the plaintiff in numerous legal actions, such as small claims court and evictions. They won’t, however, be the defendant in many cases. Someone big enough to offer you the comfort of being paid that you want will probably have a few actions against them, but not many.

Then run the entire package by your attorney and they should be board certified for real estate, or at least experienced in real estate closings.

Another feature you may consider is holding a note instead of a note and mortgage, which is the method most people will suggest without thinking. Sort of like cutting off the bottom two inches of ham.

sell homes quickly

The mortgage will allow you to get the house back if the buyer does not pay. But, if I remember correctly, you did not want the house in the first place and the foreclosure courts are so back logged today that getting the house back could take years and cost thousands in legal fees. All of which could be years of not getting paid by the buyer.view other related article posted at http://yfcmobile.ca/best-ways-to-sell-a-house-fast-in-any-market/

Consider a “note only” and if not paid you have access to a variety of the buyers assets, and while I am not an attorney, ask your attorney if there is extensive case law to defend default of the note.

Going back to the numbers, you will see that the interest rate on the note was zero and the sale price of the house was a loss. Ask your tax expert if you have to pay income tax on a zero interest note and compare the $333 a month with the $100 a month (fully taxable) you would have received if you could have sold at $60,000 and put the money in the bank at 2% interest.

Right buyer, right house, and the right seller, all checked out by your attorney and tax person and the Mini Leveraged Buyout cuts out a lot of middlemen and solves one problem with selling homes fast today.