There are situations when you are about to sell off your house owing to various reasons like job transfer, illness, foreclosure etc.
DC Fawcett reviews various methods on how to sell off the house
Short sale is a method where the seller can dispose his house at a rate less than what he owes on the mortgage with the approval of the lender. The other approach is deed-in-lieu where you negotiate directly with the lender, if short sale is not approved. The lender approval and retaining ownership to avoid foreclosure takes time, in that case you can approach the lender and suggest about giving the property for the lease.
Short sale affects your credit points and you need to disclose your financial overview to the lender. The legal agreement may be signed between the seller and the lender that he should pay the loan amount after the sale or when property is lost.
Conducting open house
You can join with your neighborhood friends and conduct an open house on a weekend. This will attract more buyers.
You can make a video by showing all the rooms of your apartment and upload on any site that allows video streaming on rental portals. You can call it home tour and attract the attention of buyers, ensuring it is taken on high resolution. The other way is uploading pictures of your home on rental sites which would be of great help for people who do online searching. The condition of the house and negotiation skills of the real estate agent plays a vital role in selling the house.
Dc Fawcett Reviews – Tips to attract buyers
Insurance and environment
Ensure your house is insured so that it can prevent you from spending on damages that may occur. Keep your house clean, home staged and all essentials are in working condition.
The following are the complaints or mistakes that a seller does
Detach and not attach
While you are about to sell the house, the emotional quotient should not be given much importance and consider yourself as a home seller than a homeowner. Many would get attached to your home which will tear your heart apart.
Not hiring an agent
Although, real estate agents charge heavy commission, it is better to hire them to get an idea of competitive selling price as they have experience and help in negotiating the price and help you in paperwork. When you don’t take the help of agent, you end up searching all the stuff by yourself and it is a time consuming process.
It is a common mistake that every seller would do but it must be avoided to sell off your house quickly.
Make sure that your buyer has pre-approved letter from the lender as many sellers fails to check this will lead to legal troubles in future.
National mortgage payment scam: The scammers pretend themselves as banker and get the routing number of the bank account information from you stating that all the cash would go to bank directly but it won’t.
In case, if you are going to sell off the house Dc Fawcett virtual real investing club blogs will talk more about the strategies of selling a house.