Selling in a transitional market requires special preparation and awareness of reality. The phrase, transitional market, refers to a period of time between a seller’s market and a buyer’s market. There are lots of posts that explain how to sell in a buyer’s or seller’s – but few that focus on what to expect and how to attract qualified buyers to your listing in a transitional market.
Preparing for the home inspection is one of the most important things a seller can do after the property is under contract.
Whitley Park is a small community of brick and siding townhomes and a high rise condo building set on the edge of Bethesda and just south of Rockville, within easy access of the Beltway, I-270 and the metro With a large community pool, covered tennis courts, and fitness center the Whitley Park offers a wonderful lifestyle whether you are downsizing or just starting out.
Kenwood Forest I is a community of townhomes converted from apartments in the late 1970s to early 1980s. It is at the intersection of Bradley Blvd and Fairfax Road. The townhomes are set in courtyards and surrounded by mature trees. The community is very pet friendly and people enjoy walking their dogs on the Capital Crescent Trail or into downtown Bethesda.
Remodel your bathroom for sale if you plan to list your house in the future. A dated bathroom may cause prospective buyers to pass on your house, even if it’s filled with other appealing features. The good news is that you can recoup a substantial percentage of the money you invested in bathroom remodeling if you do it wisely. Fortunately, you don’t need to completely gut your bathroom and spend a fortune to increase your home’s value and appeal to prospective buyers.
Why sellers say no to VA loans is a frequent question I am asked in a sellers market. When the market favors sellers, they may have several offers to choose from. Many sellers reject VA loans because they hear that they take longer to close or that appraisals may be difficult. As you prepare to list your home, you may consider which kinds of loans you are willing to accept when you review offers to purchase your home. While a great program for the buyer, they can initially be a bit off-putting for sellers. There are a couple of VA loan requirements for sellers to keep in mind to make the process a smooth one.
Both FHA and VA loans have been around for years, and they’re backed by solid guarantees from the Federal Housing Administration and the Veterans Administration, respectively. Yet in a recent survey by the National Association of Realtors, only 30% of sellers say they’d likely accept an offer from a buyer who’s planning to use an FHA or VA loan. By contrast, 89% of sellers would likely accept an offer from a buyer with a conventional mortgage.
Prepare your home for photographs and you will reduce the number of days that your home will be on the market. The photos of your home that buyers will see on the internet will constitute the first showing of your home so you want to put your best foot forward with great photos. It is definitely worth it to hire a professional photographer for these pictures. Run from the realtor who takes your pictures on a cell phone! You deserve better. Don’t settle for fine!
Going on the market will be easier if you focus on the 6 P’s of selling your home. The P’s range from planning to painting to packing up you home – and lots in between. Are you feeling overwhelmed by the process of getting your home on the market? Take a deep breath and focus on small steps! And start early!
There are many reasons for selling your home “As-Is.” Perhaps you are selling your parents’ home and you live out of state. Maybe you are pursuing a short sale because you are not able to sell the home for the same amount of money that you paid for it. You have to ask the bank to approve the sale amount and forgive the balance you owe.
In that case, the bank will not allow you as the seller to make any repairs. Perhaps there is so much demand for a home like yours and buyers are willing to pay full price for it without any repairs! Maybe you have to be at your new job in a week and you don’t have time to fix up your home or make repairs.