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Sell Home Cash
February 28, 2020
As a landlord, selling your property can seem like a tall order. After all, you have to worry about selling while you have tenants who are currently living in your property. Traditional home sales typically have owners hold an open house for interested parties. But as a landlord, this generally isn’t an option. For one family who owned a rental property in Washington DC, the idea of selling presented a problem. That was until they began working with 4 Brothers Buy Houses. 4 Brothers Buy Houses helped Marvin and his wife sell their rental property so that they could move on into retirement. Here is their story.
Marvin Owned A Rental Property On Croffut Place
Marvin and his wife owned a rental property on Croffut Place SE in Washington, DC. The family had bought the property in 1988, and had used it as a rental for most of the time that they owned it. Eventually, Marvin and his wife decided that they wanted to retire. They no longer wanted to be landlords. Dealing with fixing up rental properties and working with tenants no longer had an appeal. First, Marvin’s tenants approached his family about purchasing the property. They were interested in making a deal, but they couldn’t receive the necessary financing. Marvin and his wife weren’t sure what to do–they wanted to retire, but they didn’t know how they could sell their property in a timely manner. That is when they heard about 4 Brothers Buy Houses.
Selling To 4 Brothers Buy Houses Took A Month And A Half
Marvin first made contact with 4 Brothers Buy Houses on October 1st of 2019. By the 10th of the month, we met with him, took a look at the property, and made an offer. Marvin took a few days to think about the offer, and accepted on the 15th of October. The sale couldn’t be finalized until the tenants moved out of the property, which they did on the 31st of October. The sale was closed on November 20th. It took Marvin about a month and a half from first contact with us to final closing. He and his wife were able to get the cash value they felt their property was worth. The money allowed them to start a new chapter in their lives and move on to retirement. Selling a rental property with tenants living in it wasn’t so difficult after all.
If you own rental property and are worried about how you are going to sell, don’t fret. Contact 4 Brothers Buy Houses in order to get a free, no obligation quote. The sale process is handled on your terms and your timeline. You can make a decision at the time that makes the most sense for you and your family. Give us a call today, and we can help you start the process of selling your rental property, just like we did with Marvin and his wife.
February 26, 2020
The supply of homes up for sale in the United States has fallen dramatically, playing into the hands of sellers who are looking for a strong market. According to the National Association of Realtors, the housing inventory for the month of December was just 1.4 million units. That would be the lowest level in about two decades. With demand increasing, sellers are in a stronger position. Low interest rates are also helping buyers afford mortgages and driving up the number of offers that sellers are getting. Let’s take a look at the state of the housing market in 2020 and why this might be the best time for you to sell.
Here are the reasons:
Housing Demand Increasing While Supply Dries Up
While housing units on the market have fallen, the amount of interested homebuyers has spiked. Several mortgage purchase indices, such as the MBA Purchase Index, which tracks the percentage of homebuyers applying for mortgages, have seen huge gains in recent months. This indicates that buyers aren’t waiting for market conditions to change, they are interested in purchasing a new home now. This could partly be due to millennial buyers gaining comfortable employment or starting families.
Low Interest Rates Driving More Buyer Interest
Low interest rates have helped to spur this interest in the market. Buyers are finding it relatively easy to afford financing, and this has provided them with outsized purchasing power. Analysts expect buyers to remain motivated in the coming months, which could keep the housing market hot for at least the first half of the year.
Sellers May Find This Is The Best Time To Sell
Sellers who are interested in putting their home on the market may find that this is the best time to move. The housing market conditions are favorable to sellers right now, but that may not always be the case. In the coming months or years, rates could rise, meaning that it becomes more expensive for buyers to borrow. If that happens at the same time when the housing supply increases, there could be a glut of homes on the market with few buyers to scoop them up. If you are interested in selling your property, this might be the best time in the near future to make a move.
Want to sell your home without having to jump through all the traditional hoops? You don’t have to chat with multiple prospective buyers or spend months sitting down with your real estate agent on the repairs and renovations you’ll need to make. You don’t have to sit at your computer considering the trends of the market and if they’ll move against you. Instead, you can call 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home for cash, as-is. We’ll provide you with a no obligation quote and you can make the decision that best suits your needs. Contact us today and find out how easy selling your home really is.
January 14, 2020
If you are looking to buy or sell a home this year, there are some new trends in 2020 that you need to be aware of. 2020 is going to be an interesting year for real estate because of technology changes. There are more smart homes being built than ever. With smart homes, you can control the temperature or locks of a property all from your smartphone. Then there are demographic changes. Baby boomers are moving to smaller properties and selling their older homes, while millennials are starting families and moving to the suburbs. Here is what you need to be aware of:
Baby Boomers Downsizing Their Homes
One of the real estate trends in the 2020s will be baby boomers downsizing their homes. The baby boomer generation is moving into their twilight years, and many are looking for smaller, more affordable properties. This means that many boomers will be selling their larger homes and moving into new communities. Real estate professionals should be prepared for this trend. Baby boomers tend to have more cash on hand than other age demographics, which will make this move easier for them.
Millennials Moving From Urban Areas Into The Suburbs
Millennials are finally spreading their wings and buying homes in the suburbs. Millennials are beginning to move out of the urban areas they chose in their early 20s when they were first starting out. Now millennials want homes and stability that they can’t get in most urban downtown areas. The move to the suburbs will lead to new development in the areas surrounding major metros, especially throughout the sunbelt and the mid-atlantic.
Today’s buyers are more technology savvy and want to be able to control their home with just a few taps of their smartphone. Smarthomes allow homeowners to control the temperature, lock doors, and view security cameras all from a smartphone. Some smarthomes even have integrated refrigerators and ovens into this system. The greater demand for smarthomes is something that real estate professionals need to be aware of going into the next decade. Homes that don’t have any of these features will be less attractive to young buyers.
Staying up on the latest real estate trends can be difficult for anybody. If you are looking to sell your property without the need for keeping up with what millennials are looking for, then you should contact 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home cash, and you won’t have to make any costly repairs or spend time getting your property ready for online marketing. Give us a call today and we can provide you with a free, no obligation quote. We’d be happy to work with you to sell your property on your own terms.
January 14, 2020
Ready to sell your home? Perhaps you are retiring and moving to a different community. Maybe you are taking a new job and are selling before you go. Maybe you just want to sell to see what you can get for your property. Whatever the case may be, you need to be aware of the costs. Selling your home will cost you money in repairs, cleaning, landscaping, and inspection fees. There are also real estate agent commissions and closing costs to worry about. Before you sell, you need to make sure that you are comfortable with these costs.
Repairs, Cleaning, Landscaping, And Inspections
When you sell your property, you’ll need to be prepared to handle things like repairs and landscaping. Those things cost money. You’ll need to have the cash on hand in order to make any necessary repairs or landscaping fixes. You’ll also have to keep the property clean and pay for any inspections that must be done before the sale is finalized. These repairs can easily run in the thousands or tens of thousands of dollars.
Real Estate Agent Commissions
Real estate agents get a commission on the sale of your property. Typically, the commission is worth several percentage points of the total value of the home. This commission can be costly, but it is typically worth it if you need help making the sale or if you don’t really know your local real estate market that well. The good thing about real estate commissions is that they generally aren’t paid until the end of the process.
Selling your property means that you’ll need to reach interested parties. This is done through online marketing. You’ll need to market your property both through traditional mediums and through new ones such as social media. Online marketing may be handled by your real estate agent, or you may decide to work on it yourself. Either way, this kind of marketing costs money and you’ll need to be prepared to pony up. The cost of marketing online depends on the reach that you want to have. But you can expect a marketing campaign to cost several hundred dollars at the least. A very extensive campaign could run into the thousands.
There are real costs to selling your home that you can’t ignore. Sellers must be aware of the costs of repairs, maintenance, renovations, landscaping, cleaning, and inspections. Of course, there are also real estate agent commissions and other miscellaneous costs. If you want to avoid these costs, then you can work with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home regardless of the condition, without any need for repairs or renovations. Give us a call today and we can get started on the process.
January 14, 2020
If you are selling your home, it is critical to make sure that you keep yourself safe during the process. That means not leaving out personally identifying information like financial documents or credit cards. Identity thieves are becoming more and more sophisticated, and they use a variety of tactics to get access to your information. You’ll also want to keep the door locked when you aren’t showing the property, so that it is only available when you want it to be.
Here’s how you can keep yourself safe during the showing process.
Don’t Leave Bills Or Credit Cards Out In The Open
Make sure that when you are selling your property, you don’t have any bills or credit cards left out in the open. That means taking all of your financial documents and files with personal information out of your home before the showcase process begins. Take all of those files and put them in a safety deposit box or some other form of storage. If a bad actor gets their hand on that kind of information, it can be used against you via identity theft.
Keep The Door Locked When You Aren’t Showing The Property
When you are selling your home, everyone knows. Sometimes even the wrong people. Make sure that your property is locked when you are not conducting showings. You only want prospective buyers to be there at the time that you want them to be there. Keeping your home locked will keep your property safer. If your real estate agent is conducting showings, make sure that they keep the key in a safe place. Your property is extremely valuable, and you need to make sure that you are taking all of the necessary precautions.
Make Sure You Don’t Leave Valuable Items Out
Just like credit cards and bills, you don’t want valuable items left out during your showings. Memorabilia, jewelry, collectables, and other important items should be moved to storage. You don’t want to take the risk of losing something that is valuable to you during a showing. Remember, you aren’t going to be able to watch over your entire home while prospective buyers are walking through your property.
Staying safe during the sale process is important. It is something that sellers don’t often think about, but it is critical for avoiding identity theft. If you don’t want to have to worry about these kinds of issues, then you can avoid the showing process altogether by working with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property cash, and we can give you a free, no obligation quote at any time. We’ll work on your schedule so that the entire process is convenient for you. Call us today to get started.
January 14, 2020
There are times when you want to sell your property where you aren’t exactly in a sellers’ market. If you need to sell your property at a difficult time for sellers, then you should be aware of the extra steps you’ll need to take. The first step is to make sure that you are working with an experienced real estate agent who has done years’ worth of work in the area. You’ll also want to make sure that you are showing the house on a regular basis and that you are investing in online marketing. You’ll also need to make sure that you understand what buyers in your market are looking for, so that you can show your house in a way that is advantageous to you. This is how to get started.
Work With An Experienced Real Estate Agent
When times get tough, it is important to work with real estate professionals who have experience. Real estate agents have seen the ups and downs of various markets over long periods of time, and they can help you understand what to expect. If you aren’t working with a real estate agent, trying to navigate a difficult market on your own can seem almost impossible. You don’t have to put yourself in that position–make sure to hire a real estate agent that you can trust.
Make Sure You Are Regularly Showing The Property
In a difficult market, it is critical that you are showing your property regularly. If you aren’t conducting showings, then prospective buyers aren’t getting to see your home up close. You may need to conduct more showings in a tough market than in one that is more beneficial for sellers. That is to be expected–you’ll have to put in more time and effort to get a sale in this type of market. Be prepared for longer showings, so keep your schedule open.
Learn What Buyers In Your Market Are Looking For
You’ll need to stay aware of what buyers are looking for in this kind of market. Do research on what similar homes have sold for in the past. Check your neighborhood to see which homes have sold recently, and what kind of repairs or renovations were done. Your real estate agent may have more information on this.
When the market is difficult for sellers, you might have the temptation to wait until market conditions change. If you don’t want to wait, then you still have options. You can sell your property to 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property in cash, immediately. That means that you don’t have to worry about the market conditions or how many showings you need to do. You don’t have to worry about finding a real estate agent or handling online marketing. Contact us today and we’ll provide you with a free, no obligation quote.
December 23, 2019
When you are trying to sell a home that is in rough shape, you are going to face some issues. When you are trying to sell that same home from out of state, you can run into even bigger roadblocks. Sheryl wanted to sell her Fort Washington property while living in South Carolina. She had owned the property for over 10 years, but it fell into disrepair and she didn’t have the means or the desire to fix it back up. This is her story–how of the problems she faced while owning the home, and how she was able to sell to 4 Brothers Buy Houses and get the value she felt she deserved.
Dealing With Squatters
Living out of state with a property in disrepair can lead to some significant issues. For Sheryl, the biggest problem was squatters. Squatters had come to live in the property, and they vandalized both the interior and exterior. Sheryl eventually got rid of them but the damage had been done–the squatters damaged the property’s infrastructure. By the end of their time in the home, the electrical system and the plumbing no longer worked.
Making The Decision To Sell
Initially, Sheryl did not want to sell the property. She wanted to find a way to salvage it, despite the problems and the damage that the squatters had caused. Eventually, she realized the cost that would be associated with keeping the home and fixing it back up. She made the decision to sell in September. 4 Brothers Buy Houses followed up with Sheryl and she felt comfortable working with their staff.
Selling Her Home How She Wanted To
Sheryl was able to sell her property without even meeting her buyers in person. 4 Brothers Buy Houses sent staff members out to the property to inspect it while communicating with Sheryl via phone and email. The inspection took place in mid-September, after a few weeks of title work, the home went to closing on October 28th. Sheryl was able to sell her property without having to go through lengthy, expensive repairs. Which is exactly how she wanted to sell.
Even though Sheryl’s property fell into disrepair, she was still able to sell for a price she was happy with. Even dealing with squatters and electrical and plumbing problems didn’t stop her from being able to get good value. The best thing about the sale was that Sheryl was able to get a price from 4 Brothers Buy Houses that she likely wouldn’t have been able to find on the open market, due to the repairs needed on the property. If you are looking to sell your home, give 4 Brothers Buy Houses a call. Even if your property needs repairs! We’ll provide you with a free, no obligation quote at your convenience.
December 23, 2019
Selling the family home can be difficult for anybody. That is exactly what Donald had to do when his family decided to move on from his uncle’s former property in Milford, Maryland. Often, this is an emotional process for families, even more than a financial one. Families aren’t always ready to sell the homes that have so many memories attached to them. But when a family makes that kind of decision, they want to be able to sell on their own terms. That is exactly what 4 Brothers Buy Houses offer to families just like Donald’s. Here is his story.
The Home Had Been In The Family For Generations
Donald’s uncle had owned the property in Milford since the 1970s. The family eventually passed it to Donald, but he was unsure of what to do with it. The property was in rough shape, and clearly needed work. It was vacant, and it looked as if no one had lived there for years. The property was built in 1940, but unfortunately maintenance and repairs hadn’t been kept up with. Donald needed to make a decision on what he was going to do with the property.
Donald Chose To Sell From Florida
Donald lived in Florida, which made the sale process a bit more complicated. He decided to come up to Maryland for a bit to meet with some prospective buyers. After meeting with 4 Brothers Buy Houses, Donald instantly felt a comfort level. He trusted the professional staff, who answered all of his questions. Donald’s property garnered several offers from interested parties, but he decided to go with 4 Brothers Buy Houses because of his trust in their management.
From Meeting To Closing In Less Than A Month
Donald met with 4 Brothers Buy Houses on October 8th, and the deal was closed on October 30th. That kind of speed is what drew Donald to 4 Brothers Buy Houses in the first place. He knew that other buyers would take significantly longer to close because of funding issues or the need to go through extensive inspections. 4 Brothers Buy Houses was able to get the deal done quickly so that Donald and his family were able to move on.
Moving on from a property that has been in the family for so long isn’t easy for anybody. But when you can sell on your own terms, you can get the outcome that you wanted. Donald didn’t want to deal with the repairs that would have been necessary to sell the home on the traditional market. By working with 4 Brothers Buy Houses, he was able to avoid costly repairs and inspections and sell the property when he wanted to. If you are looking to sell your property and get the cash you and your family need, call 4 Brothers Buy Houses. We can give you a free, no obligation quote at any time.
November 27, 2019
Trying to figure out what home buyers are looking for? It can be difficult to determine what home buyers really want, especially when there are so many conflicting sources out there. The problem is that these trends often determine whether or not you can sell your property in a timely manner. If you don’t understand what local home buyers are looking for, you may end up swinging in the dark when it comes time for a renovation or a major repair. Here is what you need to be on the lookout for.
Take A Look At The Local Homes That Have Recently Been Sold
The best way to predict future behavior is through the evaluation of previous behavior. That is why it is important to look at local properties that have sold over the past year. Take a look at properties that are located close to yours. Do you notice any patterns? Do the properties all have a new kitchen? New exterior paint, windows, and doors? Are there any interior styling trends that you need to be aware of? Trends change fast, so make sure you only look at properties that sold in the past year or so.
Keep An Eye On Online Trends
It is important to understand online trends too. Looking at recently sold local homes is a great first start, but you also need to be aware of what home buyers online are saying. Check out real estate forums and social media. See what real estate professionals are recommending to sellers, and look at what buyers explicitly say that they want. This can help give you a better picture of what you need to be doing as a seller.
Talk To Your Real Estate Agent
Real estate agents have been around the block for years. They’ve seen countless trends and understand what’s going on in your neighborhood better than anyone. You can lean on them during this process to see what they are saying that homebuyers want. They are a great resource for you as a seller, and they will often point you in the right direction when it comes to understanding new trends.
Feeling frustrated trying to learn what today’s home buyers are looking for in a property? Not sure how much you want to work on renovations and repairs? If you want to sell your property for cash as quickly as possible, then you want to call 4 Brothers Buy Houses. 4 Brothers Buy Houses will provide you with a free, no obligation quote for your property. That way, you can sell at a time that works best for you and your family. Stop worrying about how you need to attract prospective buyers. Contact 4 Brothers Buy Houses now.
November 22, 2019
Wondering why your property is taking so long to sell? There are a lot of factors that go into how long a property stays on the market. Understanding these different factors will help you to make your home more attractive to prospective buyers. The truth is that when your home stays on the market for an extended period of time, buyers start to think there must be something wrong with it. So it becomes a sort of a self-fulfilling prophecy. You want to avoid this by understanding how to sell your home faster. Let’s go over some tips.
According To Zillow, The Average Property Was On The Market For Two Months
That’s right. Most properties are on the market for a little over 60 days. If your property has sold in under two months, congratulations! You’ve beaten out the average seller. But if your property has been on the market for longer than 60 days, it may be time to start thinking about what you can do better. You may be asking too high a price, making marketing mistakes, or perhaps you need a new renovation.
If Your Property Isn’t Selling, You May Be Asking Too Much
One of the easiest ways to turn away prospective buyers is to ask too much price-wise. You don’t want to give the home away for free, but asking for too much can spook away the very buyers you want to showcase your home to. Take a look at other properties in the neighborhood and see how your home’s price matches up. You may need to take it down a bit.
You May Not Be Marketing Your Home Properly
Are you online? Are you on all of the major home buying services? How is your real estate agent advertising your property? You need to make sure that your real estate agent isn’t just using old mediums, like direct mail. These days, a sizable portion of prospective homebuyers are only looking online. If you aren’t there, they don’t see you.
Your Home May Not Be In The Best Shape
Your home may be on the market longer because other comparable properties have renovations that your property doesn’t. You may need to look at renovating your kitchen or bathroom. Of course, major repairs also fall into this category. Nobody wants to buy a home that needs a new roof or that has plumbing issues. Talk to your real estate agent about what you may need to fix.
Most sellers want to sell their property as quickly as possible. And you can’t blame them! The longer a home stays on the market, the more prospective buyers think that something could be wrong. If you want to sell your property without worrying about how long it is going to stay on the market, then you need to call 4 Brothers Buy Houses. We can purchase your home for cash, immediately. We’ll provide you with a free, no obligation quote at your convenience. That way, you can start the process at the best time for you. Contact us today to learn more.