Competing With Foreclosures
If you’re planning on selling your home, one of the most daunting problems you can face is the number of foreclosures in your area.
Those out of foreclosure can make the market tough.
As anyone who has ever looked at a foreclosed home can tell you, there may be benefits in the price tag, but there’s a trade off. Sparing potential buyers from repairing everything will put your home ahead.
When you’re planning on selling a home, the most daunting problem that you can face is foreclosures.
Distressed properties make up about half of all home sales.
As anyone who has ever looked at a foreclosed home can tell you, there may be benefits in the price tag, but there’s a trade off. Sparing potential buyers from repairing everything will put your home ahead.
The sense of disrepair is the biggest problem with foreclosures. Houses deteriorate over time if they lack attention. Not only will the dust and dead insects accumulate and the lawn get overgrown or be damaged by a contract mower who wants to limit his trips, but there could be broken windows or exterior damage from storms or vandals that wouldn’t have happened or would have been repaired quickly had the home been occupied.
A homeowner who was threatened with foreclosure most likely would not have repaired anything. Outdated appliances would not be bothered with updates. Stained carpet or damaged vinyl would not have been replaced.
While the home may then come with a big reduction in its price, a home buyer has to know they’re taking on all that undone work. You can put your listing in the lead by keeping your property landscaped and clean. Make sure to retouch and clean anything that looks dull or dusty.
If you’re considering remodeling projects, the bathroom and kitchen are the areas most likely to add to home value and the ones home buyers aren’t going to want to tackle.
Another advantage you’ll be able to offer over a distressed property is the possibility of a quicker closing. Paperwork can take months to go through on a foreclosed home. So the buyer can move quickly, prepare a 30 day closing date.
Everyone with a website needs to know how to get more traffic and turn it into cash. You’ll learn everything you need to know with Traffic Voodoo 2.0 Unstoppable Traffic plus you can get the best Traffic Voodoo 2.0 Unstoppable Traffic Bonus when you visit our site.
Processing your request, Please wait....
