A guide to quick house sales
A house is sold quickly when you have it priced right, plain and simple. Any agent in the world can sell a house which is rightly priced. The old saying is correct here also, "Money talks!" Homes must be priced according to homes sold in the last three months, not on how many flowers are in the garden.
How to have a quick sale
You will have a quick sale on your home when the home buyers see your home as a good bargain. When there are thousands of homes on the market, the ones which are sold the quickest are the ones which are rightly priced. You can sell your house in a short time with some help.
Besides price, you may consider some amenities to offer. First time home buyers have little money and are doing good to purchase the home at all. Consider giving them as a bonus one of these:
- New curtains and blinds
- New carpeting
- Washer and dryer
- One year free lawn maintenance
- One year free pool maintenance
When you know you are going to reduce your price anyway, why not expect a full price offer and give a bonus to the selling agent. Agents work for money and money talks. Give the agent an extra 1/2 percent on his commission and your home will be shown first.
Creative financing options
Besides the price of the home, amenities offered and a bonus to the selling agent, consider the financing options also. You are asking buyers to "buy my house fast," then help them to do just that. Financing terms Consider lease option, seller financing and a second lien financed by you. Creative financing is to help buyers to buy creatively. These creative measures could be something as simple as financing the down payment for the borrower. Second trust deeds Carrying a second trust deed to help the borrower qualify is one part of creative financing. Many new loans are doing just this. You can offer 100% mortgages with a separate investor holding a second trust deed on the home at a higher rate of interest. You, the homeowner, can do the same thing. The buyer simply needs a gift letter from someone. Closing Costs All sellers can pay up to three percent of the closing costs to help the buyer with the expenses. You can also offer to pay for the appraisal, home warranty plan and all credit reports. Gifts Banks will allow reasonable gifts. You can give a $1000 gift certificate to a large department store. With this money, the buyer can afford to buy his appliances, new curtains or some carpeting for the kitchen.