whats the best way to sell my house FAST without losing too much money?
tammy g asked:
i’m getting divorced and need to sell quickly before the mortgage company starts to foreclose.
Filed under: Renting & Real Estate Tags: Tags: Fast Money, Mortgage Company, Much Money, Sell House, Sell My House, Tammy by Admin Date 22 December, 2009
i dont know
Sell it to an investor. If you live in colorado i can help you with that.
DEEP cleaning and get rid of all the clutter.
Fresh coats of paint is cheap and you can do it yourself.
Take down a lot of personal things so that the house if fairly neutral and people can imagine it as their own.
Talk to some auction houses to see if they will take a on home before foreclosure.
Look for “fix it up and turn it” advertisements for people that want to buy up a good deal and resell it.
Superstition: Buy a St. Joseph statue and bury it upside down in your lawn…back yard. Can’t hurt.
I really need more info, but a good Realtor will do a comparative market analysis (average price per square foot of similar homes sold in the same area over the last few months and shave a few thousand dollars off and may ask for an “as is” addendum to accompany any offers. Has the foreclosure been published yet? You will have at least 90 days (and probably 120) to close the house from the start of foreclosure. Unfortunately, you haven’t much time to negotiate. How “hot” is your market? You migh want to see if your Realtor will take a 5% listing, keeping 2% and offering 3% on the MLS. Hope this helps
- Clear out any clutter you may have and box it up if necessary.
- Remove any pet or otherwise odors from your home.
- Contact a real estate professional to assist you. This will also help you to find out what similar homes have recently sold for in your area.
- Finally – PRICE YOUR HOME RIGHT…. This is the number one reason a home does not sell. Yes, overpriced homes do sell but it takes a long time on the market. Buyers are not stupid they ask for compariable sales information before writing an offer to purchase your home. If you overprice your home, you are just helping the person down the street sell a similar home as yours for the right price first.
If you are close to foreclosure, don’t wait to market your home. Start right away. Time works against you in this situation.
Whatever you do DO NOT LIST YOUR HOME WITH THE REALTOR WHO PROMISES YOU THE HIGHEST PRICE OR JUST THE LOWEST COMMISSION! You need someone who is going to MARKET your home and get buyers interested!!!!
put add in papper rent to own downpayment should be what you owe mortgage company.that will give you rentil income until you can deside if the time is right to sell now. good luck ive ben there.