Archive for April, 2010

Sell Your House Fast – Homebuyers Tax Credit Ends on April 30.

Planning to sell your house? Have a couple of things to fix up? Have a few potential buyers who’ve been interested in your place?

The 2009 tax credit incentive for first-time home buyers should give you the impetus to hurry up. $8,000 as a tax credit deduction is a significant amount and has already spurred more home buyers to buy houses in the first quarter of 2010.

To get this benefit, it’s sufficient for the buyer to sign a deal with the seller by April 30, 2010 so long as they close the deal by June 30, 2010.

Don’t wait too long to mark your place up for sale! If you’re looking to sell your house fast, Express Homebuyers can help.  Better still, we can you buy your house for cash. Just call us today at 877-804-5252 or visit our website to get started with the process right away!

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Getting Past the Roadblocks to Sell Your Home…

In general, it’s been a tough time for the real estate business. If you’ve been scrambling to find the right opportunity to sell your house, it’s probably been even tougher. What makes things even more challenging is that there are many sellers like you in your neighborhood. So if your house doesn’t stand out, how will you go past the ‘listing’ phase?

Here are some tips to help you ensure that you have a buyer knocking on your door:

  • Condition of your home: When listing your house you need to evaluate the overall appearance of your property. Often, considering a renovation could draw more buyers to your home. And don’t forget about curb appeal! If the exterior is not pleasing enough, who’ll want to check the interior? This is probably even more critical if the other houses on your block are well updated.
  • Presentation & marketing: De-clutter. Fix & clean your house well. You can get some great tips to fix your house for less than $250. Get professional help to showcase your place – take great pictures and a virtual tour if possible. Ensure that you have your ‘for sale’ details spelled out, conduct regular open houses and advertise within your local community through pamphlets/brochures and to outside buyers through the internet.
  • Pricing for sale: Focus on your house’s selling points and drawbacks. Do your own research. Find the asking price in your neighborhood, and adjust your own based on the pros and cons. This will help you find that sweet spot which is neither way above the market, nor way below. If you are uncertain, take an appraiser’s opinion to evaluate your property’s worth.
  • Hire a good agent: Your listing agent could help you make or break a good deal. While selecting an agent, you don’t only want to focus on how much money you could get, but also understand the agents marketing strategy towards selling your house. A lot of these hassles could be minimized if you worked with a full-service real estate agent.

Need to sell your house fast?  Your house worries can be behind you by reaching out to us at Express Homebuyers.  We are a full-service real estate agency, and we buy homes for cash within two weeks. This means that the ‘for sale’ tag won’t be in your yard for too long! Just call Express Homebuyers at 1-(877) 907-3232.

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Deferred Maintenance: The Not So Obvious Effect of the Recession!

The obvious: Foreclosures have affected whole neighborhoods in areas that have been hit hardest by the housing bust. There are homes that have been left empty, abandoned and decaying beyond repair.

The not-so-obvious: We are seeing more deferred maintenance in light of the recession.

Many homeowners these days are putting off doing regular up-keep and repair to their homes. Maybe they can’t afford to replace the roof, or they’re underwater on the mortgage and don’t want to put money into seal coating their driveway when they might not be able to afford the home anymore. They might buy a $5 furnace filter but skip the annual service on the furnace.Whatever the reason, must-do repairs aren’t being done, to the detriment of owners, future owners, and neighbors alike.

We’re seeing the evidence at home improvement stores. Home Depot’s third-quarter 2009 net sales were down 8 percent from the previous year, and Lowes reported a 29.5 percent drop in net earnings in the same time period.  This is interesting as some people who might ordinarily sell their homes are renovating instead. Apparently, this remodeling trend is not enough to offset the effects of the recession.

The homeowner hopes to get by without incident. Sometimes this works out. Other times, something like a simple leak from a pipe in the wall can go from an inexpensive fix the homeowner couldn’t afford to a disaster he really can’t manage.  This situation is adding to the number of distressed properties on the market. Deferring maintenance will only make a home harder to sell and negatively impact its value.

Condo and apartment buildings are affected by recession-inspired deferred maintenance too. When owners don’t pay their condo or homeowner association fees, building maintenance doesn’t happen which brings down the prices of all units in the building. When renters don’t pay their rent in a timely manner, owners may not have the cash flow to do either preventive maintenance or make improvements.

Washington says the recession is over but homeowners with no jobs or shaky finances aren’t buying it. They certainly aren’t buying the goods and services necessary to keep their homes in tip-top shape.  This may be the reality of the current economy, but the resulting deferred maintenance will impact housing prices and neighborhood conditions.

If you need a break from the pressures of home ownership, Express Homebuyers can help you.

We will buy your home as-is and on-time – maybe even before another payment is due.  Contact us today at 877-804-5252 or visit our website to get the process started.  We can wrap up your deal in a couple weeks and even offer you a $2,500 cash advance to help you plan your move.



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