Thursday, October 21
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Buying and Selling

How Do I Sell My House Fast for Cash?

How Do I Sell My House Fast for Cash?

Buying and Selling
If you want to sell a house fast, one option is to sell the house for cash. This eliminates some pretty big steps in the process, like qualifying for loans and the time it takes for a loan to close. Going through the traditional steps can push you back by months and you'll also incur a lot of expenses between agents and closing costs. About 87% of home buyers finance their home purchases. That's a large part of the buying market. If you do have the time to wait to find a buyer and go through the traditional method, you may be able to increase the sale price. For some sellers, there's a time crunch to get the property sold. Reasons to sell my house fast for cash If you have a house that you need to sell quickly, you might not have time to do it the traditional way. Currently, it's ...
IS SELLING A HOME FOR CASH A COMMON PRACTICE?

IS SELLING A HOME FOR CASH A COMMON PRACTICE?

Buying and Selling
What’s better than a cash deal? When it comes to selling your house, maybe nothing. Considering cash offers for homes or selling your home to a cash home buyer can help you walk away from the deal feeling like your pockets are being weighed down.n. But what is a cash offer, and when is it a good idea to sell a home for cash? WHAT DOES A CASH OFFER MEAN? Cash offers buying your home for straight cash. Cash offers occur when a buyer offers a seller cash for the entire cost of the house instead of getting financing from a mortgage company or bank. The typical home buyer obtains some type of financing to afford purchasing the house, typically in the form of a mortgage. However a cash home buyer will be able to purchase a home without a mortgage loan or other financial assistance. Cash...
3 Hot Topics in the Housing Market Right Now

3 Hot Topics in the Housing Market Right Now

Buying and Selling
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. Here are three hot topics from the list and how they impact today’s housing market: Technology Acceleration and Innovation The past year ushered in many changes to the real estate industry, especially when it comes to technology. There has been an increase in lockdown-driven changes in our work, in the economy, in social structures, and in our personal behavior. The acceleration and adoption of technology during the past year has impacted everything, with real estate being no exception. When it comes to real estate, there have been innovations like digital documentation, virtual tours, and video chat that allows agents to connect with clients ...
How Can MLS Helps Property Seekers

How Can MLS Helps Property Seekers

Buying and Selling
Multiple Listing Service (MLS) provides the listing of each property that is sold out by an agent. A buyer and a seller can also have the right of entry of the MLS though not in direct way. Only real estate agents and other experts can have the full access privilege. Way back before, MLS information was available only in printed forms, it was obviously heavy and bulky to drag around knowing that the books with MLS prints are published monthly. Great thing, online option makes it easier. MLS is privately owned and operated by each company, Albuquerque MLS for instance. It may be a subsidiary of the local realtors, or investors. It is commonly subject to particular forms of realtors. It is also can be merged with other local businesses though sometimes, Multiple Listing Service caused som...
Open Your Senses to Real Estate Property Today

Open Your Senses to Real Estate Property Today

Buying and Selling
A country like Ecuador allows you to easily experience the language, culture, food, atmosphere and scenic localities all at once. This is one of the many reasons why there are numerous people looking to get real estate in Ecuador to meet their needs. Whether it is residential property or commercial property that you are interested in getting, there are many options available. It is good to do your initial searches online which can help give you more information in order to make an informed decision when the time comes. Locations such as Cuenca have provided real estate options for international investors, families, retirees and even simple thrill seekers. Commercial land in the major cities is thriving and you can get the best rates from a real estate agent. It is a wise decision to ...

Austin Texas Real Estate Statistical Report for 2010

Buying and Selling
The Overall Austin Market:Sales in December were up 6% over last December. This was a dramatic turn from last month which was off 27%. For the 2010 calendar year sales were off 5% to 17,905 single-family homes. The average sales price, however, was up 4% compared to 2009. 2010 was an unusual year, even considering the national economy. Last Spring saw the end of two homeowner's tax credits. This created an unusually active Spring and a less active Summer. Recently more buyers seem to be focusing on the below 5% interest rates and the increased affordability they are receiving. They are finding suppressed prices and good selection.Austin continues to be prominently mentioned among the Top Cities nationally - the latest being ABC News' naming Austin #1 to rebound economically. In a completel...

Number 1 Reason for Purchasing a Massachusetts Home in 2010 “Desire to Own a Home”

Buying and Selling
I recently read a Massachusetts REALTOR® Study Report in which they state that the "desire to own a home" was the top motivating factor cited by home buyers for the purchase of a home in 2010. Below, is a breakdown of survey responses of first-time and repeat home buyers:Desire to own a home 36%Desire for a larger home 8%Change in family situation 8%Desire for a better location 8%Home Buyer Tax Credit 7%While 55% of all homes sold in Massachusetts were made by first time home buyers, only 7% stated it was because of the home buyer tax credit. The study also showed that the median age of a first-time homebuyer is 32 vs. 30 years old in 2009.25-34 years old 54%35-44 years old 28%18-24 years old 8%Do home purchasers think that buying a home is a good financial investment? 46% of all buyers th...

Four Types of Real Estate Sales

Buying and Selling
I see people asking about foreclosures all of the time. The supposition is that foreclosures are the best deals. Some people think that the banks are so anxious to get the foreclosed home off their books that the homes are priced 10% or more below market value.Here are the four types of sales:New Construction: This is when you purchase a home from the builder. In our area, these homes typically sell for 3-10% above market value. People value being the first person to live in a new home. There is value to being able to pick out your finishes and live in a super-clean home with that new-home smell. But much like a new car, when you sell, you are selling a "used" home and that 3-10% extra value is gone.Resale Home: Also known as a traditional sale or "normal" sale. This is when the owner of t...

Advantages and Disadvantages of Buying a House As a Property Investment, Over a Unit

Buying and Selling
Advantages and Disadvantages of buying a house as a property investment, over a unit.As a qualified real estate agent, buyer's agent, real estate valuer, and experienced property investment advisor I have valued, bought, developed and property managed many homes and units for property investors all around Australia.Below I have outlined the advantages and disadvantages of purchasing a home as a real estate investment as opposed to a unit, villas, apartment, townhouse or condo.Buying houses/homes as a real estate investmentDisadvantages More upkeep is vital to support the asset (which equates to higher continuing costs and therefore fewer cash flow is experienced from that particular property investment) Conventionally lower rental returns due to larger land factor Easier to over capitalise...