HOW TO SELL YOUR HOUSE FAST EVEN IN A DEPRESSED MARKET

To sell your house fast, you must prepare your house for the market.  Follow these tips and you could be closing very soon!

 

1)  Price

Price is the first thing a house buyer looks at.  If the price is lower than other similar houses in the neighborhood, your house will stand out in the market even before someone drives over to see it.

Your house will lose market appeal if it has been on the market more than 3 weeks.

Do not be emotionally attached to the price you set for your house.  It is no longer important what you paid for it; what matters is how does the current price compare with similar houses in the neighborhood.

If you have a low mortgage balance that allows you to price it lower than other similar houses, go for it!

If you work with a Realtor, they might help you with the best pricing for your house.  Look at the house more like  a buyer instead of the seller.  What factors make it more appealing than other houses, location, size and other factors etc?  If you were looking to buy a house in this area, would you buy it at the price with the amenities it has?

 

2) Physical condition of the house

What is the first impression you get when you look at it from the outside?  Would it do with some TLC?

When they step through the door, are the smell and atmosphere welcoming to them?  If you were a buyer, would you love to live in this house?

You must be careful not to spend too much money fixing it up, or you may be unable to price it competitively.

Just do minor clean-up and touch-ups.

 

3) What if have a high mortgage balance or it needs repairs?

Sometimes your house probably needs repairs or the mortgage balance it too high to support selling though a Realtor.

Or maybe you’re behind on your payments or facing foreclosure.

In this case, consult with real estate investors who buy and sell houses in your area.

Most real estate investors can buy your house even if it needs repairs or the mortgage balance is too high.

In most cases, most real estate investors will let you know if they can buy your house typically within 24 to 48 hours.   They can handle most situations and discuss all numbers and terms with no obligations.

Most importantly, they can close fast, typically in less than 2 weeks, sometimes within days if necessary.

Talk to a real estate investor and see what they can do for you.

 

ABOUT THE AUTHOR

Reggie White  is a real estate expert and real estate investor buying houses in Fresno California.

He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to sell your house fast, please visit https://www.centralcalhomebuyers.com/

 

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