Wednesday, January 28, 2009
Sell My House In Atlanta Fast -- 21 Reasons That Cause People To Sell To A Real Estate Investor
With the current state of the economy, many home sellers are asking themselves, “How can I sell my house in metro Atlanta?”
The Obama administration is soliciting support for an $825 billion economic stimulus plan, but how will it directly help your situation right now? That’s a question you’ll have to answer for yourself, as every individual’s circumstances is different.
Everywhere you turn lately, there’s negative news. The Georgia Labor Department, recently reported that 128,625 workers filed first-time claims for jobless benefits in December; nearly 43,000 of those were in metro Atlanta, a 134 percent increase from a year ago.
These numbers are staggering, and likely caught those families affected by complete surprise. The last thing you want is to be in shock, like so many others, once things started going south. Having a plan B, C and D are imperative when things are as uncertain as they are now. And when it comes to selling your house in a down market such as this, you need options and creativity.
Below is a list of 21 situations that may cause you, or someone you know the need to sell their home fast for any number of reasons. Some involve the state of the economy as a factor, some don’t. Either way there is a solution.
If any of these create an AH HA moment, you or someone you might know probably need to contact a local Atlanta real estate investor.
Usually investors buy houses, not list them as a realtor would. They won’t put a sign in the yard, list the house for sale in MLS and wait for the phone to ring. In most cases, they will actually put your house under contract, and honor it for a fast home sale.
In the time it takes to have your house sit on the market while you continue to make mortgage payments, an investor could have actually bought the house. You might have to make some price concessions to sell the home fast, but in most cases they’ll provide an answer to your question, “How can I sell my house?”
All situations vary, but here are some of the most common reasons you or someone you know may need to sell a house fast:
1. Job lost and can’t afford mortgage payments
2. Administrator/Executor of an estate
3. Bought new house and don’t want two mortgage payments
4. Job relocation
5. Pending foreclosure
6. Two mortgage payments
7. Listed with a realtor for months and won’t sell
8. Divorce
9. Want to purchase another home but can’t sell the old one
10. Landlord tired of dealing with evictions and deadbeat tenants
11. House in need of repairs but no money to do them
12. Vacant house receiving violations from local government
13. Behind on mortgage payments
14. Listing expired with real estate agent
15. Trying to sell For Sale By Owner (FSBO) but won’t sell
16. Want to retire and downsize
17. Fire damage
18. Failing health
19. Can’t afford tax bills
20. Need debt relief
21. Bankruptcy
Local investors purchase many houses each month in your area. They will give you a free offer for your house with no obligation for you to accept.
If you're sick and tired of waiting for your house to sell in Atlanta or the metro-area, perhaps examining other options is a good idea.
Learn how to sell your house fast and forget about waiting any longer.
Visit http://www.SellTheHomeFast.com today to learn new techniques and tricks to sell your house fast.
You will get a no-obligation written offer, a fast close and a smooth transaction. In most cases there will be multiple offers that cater to your situation.
Monday, January 12, 2009
How Can I Sell My House FAST In Atlanta – Creative Ways To Sell Your House
The Atlanta housing market, like most in the country, has slowed to a snails pace and economic reports show it’s going to get worse before it gets better. It’s become more of a challenge to get rid of burdensome homes. Between 2000-2006, a seller could have a buyer breathe on a lender’s office window for instant loan approval, put a sign in their yard for sale by owner, or list with a realtor and have them sell your house in 7 days.
Fast forward to now – days become weeks, weeks have become months and months have become years. Selling a house isn’t nearly as easy as it used to be. And in reality there are some that haven’t received an offer in more than 9 months. The house is just sitting there.
So what do you do? You’re still wondering, “How can I sell my house fast?”
In short, get creative.
If you do the same thing everybody else is doing, you’ll get same results – NOTHING.
Here are three creative solutions:
1. Sell with seller financing.
Essentially you become the bank and take payments for your equity over time. Instead of the buyer getting a loan, which has become nearly impossible these days because of tightening lending standards, you’re the lender. The buyer makes payments to you, with interest. This is often hard for sellers to wrap their minds around, but in today’s market, you MUST think outside the box in order to sell your house. Think about those who may have money, but a traditional lender won’t approve them. You’re their savior and they’re yours. So what’s the catch? Well if the buyer stops making the payments you could get the house back. But what options do you have at this point? Simply screen correctly and you’ll be fine. You’ll be fully protected by a hard asset (a house), not just a non-performing piece of paper. The lenders who went under can tell you all about non-performing loans that didn’t have strong security. In case you’ve been under a rock, they’re no longer around.
2. Lease the house
A second solution is to lease instead of selling your house, and wait for the market to turn, or offer it to your tenants if they’re able to buy when you’re ready to sell. Because of the tough housing market right now, the pool of quality renters is expanding because of the tightened lending standards. Those who were once homeowners now have to rent, which could be an opportunity for you. But what if the rent doesn’t cover the mortgage payments you may ask? Keep in mind that the market determines the rent and the rental market could care less what your payments are. So lose yourself less and pray rents increase as time goes along and the market turns.
3. Seek out a professional investor
A third method is to seek out a professional who specializes in solving creative real estate problems. These are usually honest real estate investors who have been buying houses for a number of years and were able to navigate their way through this tumultuous market because of their skill and ability to come up with out-of-the box, yet legal ways to buy houses for a living. Often times these are the, We Buy Ugly Houses, I Buy Houses, or Sell The Home Fast folks. They can often pay all cash at a discount or give you a better price for great terms (meaning they can pay you back for your equity over time). They’ll usually buy the house as-is with no contingencies or repairs. They can even handle all the paperwork.
Out of all the creative solutions mentioned in this article, if you don’t want to deal with all the hassles, the investor will. They’re professionals and in most cases have a financial reason to make sure everything is handled, otherwise, they won’t make any money – either now or in the future.
Whether you decided to give it a try yourself or solicit the help of a professional investor; DO SOMETHING. Your piece of mind is at stake!
If you're sick and tired of waiting for your house to sell in Atlanta or the metro-area, perhaps examining other options is a good idea.
Learn how to sell your house fast and forget about waiting any longer.
Visit http://www.SellTheHomeFast.com today to learn new techniques and tricks to sell your house fast.
You will get a no-obligation written offer, a fast close and a smooth transaction. In most cases there will be multiple offers that cater to your situation.