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5 Top Home Selling Fears by Home Owners

You have lived a happy life in your safe haven for decades. But this time, you have to let go and say goodbye to the place that has witnessed your life story.

Selling your home is extremely challenging. Aside from the anxiety brought by leaving your house to the hands of the next owner, facing a huge and haywire transaction demands more time and effort.

Common Home Selling Fears Encountered in Selling Your House

Others feel frustrated for different certain reasons. And here we will discuss the top 5 home selling fears by most home sellers.

My House Won’t Sell.1. My House Won’t Sell

Most homeowners are afraid that their home won’t sell, especially if they are in a rush to buy another property to transfer. While there are instances that houses don’t sell because of the changing market condition, you have several things to do to fasten the sale.

First and foremost, you need to price your property right. Here’s a guide to help you set the right price for your home.

Or, create a marketing plan for a marketable property. Check these marketing tips to sell your house quick.

There’s no way you can’t sell your home. Ugly houses still sell. Your turnkey home also will.

I Don’t Know Where to Start.2. I Don’t Know Where to Start

First time home sellers usually make mistakes because they are not sure when and how to start. They even don’t know how much is their house’s worth.

To bring in more prospects, working on making your home to a tip-top shape is your major concern. You have to prepare the house before you display the “For Sale” signage on your yard.

These are 10 things you should prepare in your home but it doesn’t need to be expensive. You can do DIY upgrades. It only takes a little time and effort to augment your house’s worth.

I need to sell soon.3. I need to Sell Soon

In a life event such as divorce or job transfer, most homeowners want a quick sale. They compel themselves to close the deal on a specific target date, which actually adds up to the pressure of home selling.

If you need to move out soon, you have to price your property at or below the recent comparable market value. Don’t sell too low, buyers today still prefer a property that is well=prices.

If you are selling because of broken marriage, read these tips to equally divide your home.

My House is too Ugly to Sell.4. My House is too Ugly to Sell

You want to leave your current old house to stay somewhere more turnkey and neat. But the fact that your house is old and ugly disturbs you because you believe no one will ever get interested in your property.

While ugly houses don’t sell fast, the chances are not zero. Believe it or not, you can still seal a deal even your home is not-so-good.

You can still close a deal for your ugly home by following these tips.

I Don’t Want People Coming my Home.5. I Don’t Want People Coming my Home

You don’t want strangers to enter the premises of your home. Well, this is a big issue that could lead to the delay of the sale.

As a home seller, you must prepare yourself for people coming in and out of your house anytime of the day. This is, in fact, the first thing you should realize prior to putting your property out in the market.

Prior to the schedule showing, take down all your belongings. Keep expensive items away from the sight of the visitors. And depersonalize your house so prospects can image their soon-to-be lifestyle once they moved to your house.

Don’t rush and stay calm. It’s also necessary that you practice these 6 important home seller etiquettes because your house is not the only aspect buyers scrutinized, homeowners, too.

The idea of selling a home is undeniably stressful. But don’t fear, it doesn’t happen exclusively to you, in fact, to everyone. Whilst it’s frustrating, the ease after you have sold your house provides an overwhelming joy.

If you don’t want to feel the fear of home selling, contact The Home Buyers.  We won’t even bother you of lengthy transactions as we can close the deal in just 7 days.

We have a dedicated representative to help you from start to finish. Contact us now!

6 Home Selling Etiquettes Every Homeowner Should Practice

Selling your home requires a lot of legwork. You have to prepare the interior and exterior of your house and set up effective marketing strategies for a faster sale.

Because you have achieved an immaculate shape doesn’t mean you are done with your homework. Your home is not the sole thing home buyers check, you are, too!

Impress your buyers, not only with a nice looking home but an attitude that attracts serious sales. Here are 6 unwritten home selling etiquettes every seller should practice to give the best possible light for your home.

1. Give Home Buyers the Privacy

Home buyers visit your house to check your home’s exterior and interior. During the open house, let your prospects tour the house themselves. Give them privacy. We know that you’re proud of all the DIY improvements you did and you want it to be appreciated. However, don’t lurk around your buyer during the showing.

Leave them freely. Buyers are more comfortable if homeowners are not around checking their every move. This enables them to picture themselves and their family’s future lifestyle clearly.

2. Take your Pets Away

Sure, your Pomeranian looks so nice and cute, but not everyone shares the same thought. During the open house, take your pet for a walk or schedule a haircut because aside from having allergies, some buyers are not comfortable having any pets at home.

A dog barking in the background is also destructing while your prospect is trying to check the house’s nuances.

Serious home buyers would run out your premises if you forced them to like your pet.

  Read: 6 Ways Your Pet Won’t Ruin the Sale of Your Home

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3. Leave Enough Space for Parking

During an open house, park your car somewhere to give way to prospects. Potential home buyers hate parking issues and this could lead to a bad impression. Save them a space to park their car.

Don’t let them park a block away as they might skip checking your home. Don’t let your buyers feel lousy during their visit as it may affect their overall thought.–

4. Prepare Important Documents

Since you are away to give space for buyers to check the nitty- gritty of your home, make sure that the important documents are laid out for their checking.

Place the appraisal, pre-sale home inspection, and the warranty in a conspicuous place. Having these files ready help buyers to get immediate answers to  their questions. Moreover, enables them to decide upfront whether to make an offer or not.

Leaving important documents in an easy to find place is a good etiquette to practice.–

5. Offer Refreshments

Although this is not really part of your obligation, it’s always hospitable to prepare refreshments, which your buyers could grab when they started to get hungry.

Bottled waters, cookies, and mints are the most common refreshments to prepare.

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6. Patiently Wait for Feedback

Of course, you want to know the buyer’s feedback. Don’t be so excited. Usually, buyers respond after a day or two to thoroughly process and study the information they picked up from visiting your home.

You’ll hear the feedback but not exactly on the day of the visit. Be patient.

The above 6 home selling etiquettes are important. They may not guarantee an instant sale but at least would leave a good impression on buyers, who might prefer to deal with you over the others.

The Home Buyers would love to know more about you and your property.

We buy houses for cash and can offer you an instant quote. Contact us today and we will help you sell your house in Washington DC within days.

4 Reasons to Sell Your Home When You Retire

Retirement is now knocking your door. What’s your plan after your long time employment? Would you like to spend your free time to travel or to relocate to an active-adult community?

While identifying these future plans is essential, weighing your financial capacity is also indispensable. Remember that you’re about to stop working and your stream of income is limited so having the means and budget to take the plunge must be available.

Why Should You Sell Your Home When You Retire?

Whatever your retirement looks like, determining whether to downsize or sell your home is a must. Some Americans choose to sell their houses and take a different route while others would to live and stay forever .

If you are not sure why you should downsize and sell your home when you retire, here are four ideal reasons you must.

You’re paying Hefty Sum of Property Taxes.1. You’re paying Hefty Sum of Property Taxes

Depending on where you reside, you may be charged a hefty amount for your annual property tax. If you plan to move to another cheaper state, you will surely save around $15, 000 yearly.

If you’ll transfer to West Virginia, you’re going to save much compared to staying in the same type of home in New York.

Think about this. Staying in the same state for the coming years would cause pain in the pocket. Save yourself from big taxes and live an ideal and stress-free life after you retire.

Your House Needs Repairs.2. Your House Needs Repairs

If your old house needs frequent repairs and revamps, the upholding cost can roughly cost you double. Here are 10 common things you should prepare in your house. 

Doing DIY repairs is also a hassle. In other words, maintaining your ancestral house isn’t worth your time and effort.

Why not transfer to a newer property that needs less maintenance? According to the National Association of Home Builders, most homeowners, who decided to move to turnkey property, only spend below $25 for routine repairs.

You will surely get surprised of your savings when you leave your old and wrecked home for a new and turnkey one.

Your House Requires Regular Maintenance3. Your House Requires Regular Maintenance

Aside from doing regular repairs, you are also responsible for doing the regular maintenance of your house. This includes shoveling the snow, cleaning the gutters, and mowing the loan.

If you’re tired of being an owner and doing all these manual labors stress you out, you may want to transfer to an apartment where the property management or landlord is responsible for these chores.

You’re All by Yourself.4. You Want a New Lifestyle

Have you already foreseen your retirement lifestyle? Some homeowners take this chance to travel. If you’re one of them, think in advance.

A travel vacation requires money to pay for your expenses. One of the options you can do to free up cash is to sell your home.

Read: 9 Best Countries to Spend Your Retirement 2016

However, before you make your house for sale, review your and calculate your living expenses. How much have you spent for the past 12 months? Once you have identified your everyday expenditure, sum it up with the supplementary budget you need for your travel.

Estimate your future expenses so you won’t get short of the budget while you’re on the trip.

While it’s hard to leave the home where you spend almost your lifetime, stabilizing your lifestyle make sense especially now you are about to retire.

Selling your home is the ultimate option. Learn the perfect time to sell your house here to get its best value. If you want to sell your house fast, call The Cash Home Buyer.

Call The Home Buyers to get a free quote for your property. We understand that you want to retire with a pocket full of wealth. We are here to buy your house and send you the money just in days.

Feel free to enter your details in our contact form so we can assist you with your needs.

5 Easy Steps to Successfully Downsize your Home

Downsizing a home usually, leads to stress and anxiety. While you love your home and all your stuff, it’s time to trim down and move to a smaller space. However, this small move comes with a big decision. This actually one reason why Americans sell their home.

If you find it hard to decide when and how to downsize, here are things to consider on helping you successfully navigate the transition.

Identify Reasons for Downsizing,1. Identify the Reasons for Downsizing

Why are you downsizing? Homeowners have varied reasons for moving to a smaller home. Some have kids going to college. Elders and retirees find it stressful to climb stairs. While others just want to avoid the daily maintenance of a huge property.  Or you just want to save for the future.

Reasons vary from person to person and it’s important to identify them before you make a move.

Determine Your Savings.2. Determine Your Possible Savings

Moving out from your family’s home doesn’t mean you’ll save enough. This is a common delusion among homeowners. If you relocate to a smaller property in an area with a high cost of living, probably your bills will skyrocket.

If you want to make a long-term investment, move to a smaller property where you can gain big savings.

De-clutter, Sell, and Purge.3. De-clutter, Sell, and Purge

Downsizing means parting away from your old stuff. A smaller house can’t accommodate all your belongings so it’s time to shed the excess.

You can either sell your stuff online or on a garage sale or donate your unwanted items. Donating your stuff will give you a tax deduction in the future so better save the receipt.

If you can’t live without your belongings, which you’ve accumulated for decades, find a storage solution. However, this may cost you double. The key is to sell and purge your items for a good amount than keeping things that won’t be of value.

Know Where to Move.4. Know Where to Move

There are several factors to consider before making a move. If you are a retiree, it’s important to check the proximity of your prospect from your relatives and health care. Contrary, if this is not a concern, transfer to a place where the cost of living is cheaper than your current residence.

The golden rule is to move to a place where you can make big savings.

Sell your house5. Sell Your House

If you have identified the above criteria and have made a final decision, then it’s now time to sell your home. This may seem a long and haywire process for new sellers but there are bunches of ways to help you jumpstart. You can hire a real estate agent, sell your home yourself, or deal with a cash home buyer.

Home selling is a long challenging process so make sure to prepare yourself for this daunting task.

Downsizing doesn’t have to be horrible and aggravating. Parting with the home you’ve invested for decades can be difficult but it paves the way to a welcoming future.

If you want to downsize and sell your home fast, contact The Home Buyers. We close a deal within 7 days without any hassle so you can definitely transfer to your new haven. Contact us now.

 

5 Tips to Sell Your Ugly House Fast

Your house is shabby. There are molds, holes, and cracks everywhere. It needs a total renovation but you can’t afford to make repairs.

Now, you want to sell it. Would you think someone with all the wealth for turnkey homes will buy your ugly house? To tell you honestly, it’s a big challenge.

Tips to Sell Your Ugly House in Washington DC

To get rid of your deteriorating abode and sell your ugly house fast, here are 5 helpful tips to consider.

Assess if you can still Revamp your House. Sell your ugly house1. Assess if you can still Revamp your House

Do you still have the time and money to spruce up your house and make renovations before the sale?

If you can still repair even the slightest damage in your house, go ahead. A minor improvement in your house’s appearance can expedite the sale and augments its worth.

If cash is the issue, you can apply for FH203 (K), a program by the Federal Housing Authority, to help you refinance your home.

If there’s no way to revamp your house and do these 10 things to prepare your house for a quick sale, read on and follow below tips.

Price your House Fairly. Sell your ugly house2. Price your House Fairly

We always remind you to price your house competitively to avoid house pricing mistakes. However, this time, all you need is to come up with a realistic value to sell your house fast.

Evaluate your house’s worth by deducting the estimated cost of repairs from your home’s current value. In estimating the repair cost, place your feet in the buyer’s shoes. Then decide for the price from the buyer’s perspective.

A high price tag will deter possible buyers to make a purchase. Remember that they will spend a hefty amount of time and money to spruce up your not-so-good property.

Price your house accordingly.

Highlight Features. Sell your ugly house3. Highlight your House’s Features

Most home buyers go online to check for houses for sale. Make sure to flaunt its best feature especially if you have subscribed for an online listing. Display photos of your gorgeous floor or fireplace in the featured image and work on improving your curb appeal as it drives more buyers to your door.

Improving areas that can make your home look great creates a big impact on the sale.

Honesty is always the Best Policy. Sell your ugly house4. Honesty is always the Best Policy

You have probably enticed home buyers to visit your house for a quick look. If there’s one advice we would like to give, be honest.

Be upfront about your house’s flaws. Being direct and honest makes the transaction less hassle for you and your buyer.

In posting photos, we recommend that you also post areas that have negative features so there won’t be any surprises during the buyer’s tour.

It’s also a must that you disclose all details in the seller’s disclosure form.

Sell your ugly house5. Contact The Home Buyers

If there’s no way to sell your house, a cash home buyer is your ultimate solution. These investors buy houses for cash and don’t mind about your house’s condition, whether it’s good as new or needs overhauling.

You don’t need to make renovations and repairs, apply for refinancing loans or capture beautiful photographs of your house’s best features. Cash home buyers can seal the deal without requiring you anything. They also offer a fair and competitive price that is within your house’s worth.

Some owners don’t want to sell for cash because of the increasing complaints about cash home buyer’s scammers. Make sure to check these 6 tips to identify and avoid scammers.

The Home Buyers is a reputable cash home buyer in the US. We buy any type and kind of house, properties, and land. Contact us today and our happy customer representative will assist you.

4 Ways to Equally Divide Your House after a Divorce

The sad reality is some marriage fall apart. After years of investing in the relationship and building a family, the rapport between couples breaks down. This why divorce is among the 13 common reasons why Americans sell their home.

Dissolving the legality of your union is daunting. Similarly, dividing your properties especially your house, which is your biggest joint asset, is also exhausting.

Divide and Sell Your House in Washington DC

While there’s no exact solution to dissembling a house during a divorce, here are 4 options to help you move forward from the break up without losing your asset.

Buyout.1. Buyout Ex- Partner

Acquire the whole property by buying out your partner. Buyout happens when one partner purchases the ownership of the joint proprietor, in this case, your ex- partner.

However, determine if buying out your partner is feasible. One advice from Natalya Price, a realtor, removing emotional attachment is necessary to come up with the best possible decision. Although, it’s easier said than done, it is a must.

Determine if you’re the one to stay or go. Then work with an appraiser to identify the fair and accurate value of your home. If you think that the amount isn’t fair enough, work with another appraiser to assess its value.

Be careful in the process. Property buyout needs cooperation between homeowners. Make sure that both of you are willing to sell shares. If one refuses, you can petition to force the buyout, but it will cost you hundreds of bucks again.

Co-Habituate After the Divorce.2. Co-Habituate After the Divorce

Some couples tend to stay under the same roof even after divorce. Similar to one of “Brady Bunch’s” episodes, they literally divide the house to equally benefit on the property.

This usually happens when homeowners can’t sell their property due to over pricing and other reasons and cannot afford to transfer elsewhere.

However, living under the same roof after the separation can complicate the situation. This may cause misunderstanding and restlessness between partners.

Sell Your House and Split the Profit.3. Sell Your House and Split the Profit

Most homeowners opt to sell their house after the divorce. This is a better option than the above scenarios.

Even your attorney, financial adviser, or family members would highly recommend this than the latter. Aside from equally splitting the profit, this is the simplest way to resolve complications. Both parties get an equal share and won’t bother on any joint debts.

Selling your home has caveats and challenges. It’s necessary to sell the property at the most competitive value to get what it’s really worth.

You may also be charged with the capital gain tax by the Government. A married couple can save up to $500, 000 while an individual can exclude up to $250, 000 from the total sale.

Selling your home is a tedious process. The longer it sits in the market, the longer your agony is.

Sell to Cash Home Buyers.4. Sell to Cash Home Buyers

Selling your house to cash buyers is the most practical and easiest way for divorced couples. You don’t need to wait for the hot market, do repairs, and hire an appraiser as you can sell your house for cash and as-is.

Moreover, dealing with your ex on this matter, which may cause frustration to both parties, will be minimized. The process only lasts for a couple of days and can close the deal within a week so it’s convenient than the other options.

To some couples, joint ownership doesn’t last long. In this event, maintaining the co-ownership isn’t the best idea. The above ways to equally divide your house can serve a big help. However, if you want to sell your house fast, avoid complications, and start a new life, selling your house to cash buyers is what we recommend.

Sell your home to The Home Buyers. Whatever your reason is, we are happy to help and lessen the burden. We have dealt with divorced couples before and we understand that selling your home quick and easy is all you need.

Don’t worry, we can seal the deal within 7 days and give your money in full. Contact us through our website and our happy customer service will assist you.

7 Hidden Charges You Need to Pay in Selling Your Home

Home selling isn’t all about pricing your house competitively. It’s also about preparing your pocket for supplementary and hefty charges that are inclusive yet concealed in the process.

Selling your home is expensive. Aside from the anticipated costs like listing fee and real estate commissions, a variety of smaller expenditures is something to prepare yourself.

Hidden Charges to Pay in Selling Your House in Washington DC

Getting your money in full is quite impossible because you have to invest on these 7 important things.

Home Repairs and Improvements1. Home Repairs and Improvements

In home selling, home repairs and improvement projects are fundamentals in the success of your sale. Although you can do minor repairs yourself, hiring a professional handyman is more beneficial.

Don’t cheap out on using the service of expert contractors as they will for sure deliver quality work. If you do, prepare for shoddy and poor repairs that will make prospect buyers feel disappointed over your property and can possibly cost you double.

Check your house for possible and noticeable problems. Fix them as soon as possible before buyers come in and check your house. Here are 10 major areas to prepare in your house before you put it on the market.

For major repairs like roof replacement, better lower your listing price to save hundreds of bucks than doing the revamp.

STaging.2. Staging

Staging is a must, especially for vacant homes, if you want to sell your house fast. Staging helps possible buyers to visualize their future in your home. Hiring a professional to set up the furniture and make your house elegant and appealing can perk up your house’s appearance and value.

According to a survey made by NAR on 2015, staging costs around $700. Although the charge is high, it helps augment your house’s worth by 5%.

If you don’t have extra budget left for staging, small items like towels in the bathroom and bowl of fruit in the table can create a positive impression.

Landcape.3. Landscaping

Your home’s curb appeal has proven to make or break a sale. In a research made by Virginia Tech, designing your landscape increases the value of your home up to 12%.

Beautifully designed curb drives interested buyers into your house while unattractive exterior makes possible buyers run away.

The average landscaping job can cost you around $3,239. This includes plants, flower beds, and trees. If you don’t have enough funds for landscaping, visit your Home Depot and buy seasonal flowers and mulch to improve your exterior.

Also, don’t forget to mow the lawn, trim hedges, and remove the weeds.

Capital Gain taxes.4. Taxes

The US government has the so-called capital gain tax that is calculated based on the difference between the original purchase price and selling price of your home. Documented home improvements, like the addition, are also deducted from the total cost.

This means that a small chunk of your profit will be taken by the Government when the month of April comes in. Fortunately, this tax rule has substantial exemptions, too. If you are a married couple selling your home, you’ll save up to $500,000 of your profit. If you are single, you will save as much as $250,000.

Discuss with your tax preparer for more details about capital gain taxes.

Utility.5. Utilities

Although you have moved out from your old home, doesn’t mean you’ll cut off the electricity and other utilities. No one would want to walk in your house if it’s too dim.

Maintain a well- ventilated and cozy atmosphere by retaining the electricity. Molds would possibly grow in your house if you turn off the air condition during the hot season.

Paying for utility bills is still part of your job even you’ve already moved out.

Photographers.6. Photographs

A large percentage of home buyers tend to scout for properties online. Make sure that a picturesque photos welcome them.

Your photos have a big impact on the sale of your property. The clearer and the crispier your photos are, the more buyers it can drive to your door. On the other hand, dull and plain photos will keep home buyers scrolling for another set of houses for sale.

Read: 12 Ways to Market Your House for a Quick Sale

Some agent offers this as part of their service. Make sure to check his work portfolio to gauge the photo quality.

Hiring a professional photographer will cost you around $500 to $1000 but it’s worth an investment.

closing-costs.7. Closing Costs

Closing cost eats a substantial amount from the total selling price. It amounts to 2% of your home’s total value.

Usually, the buyers select the closing company while you are in-charge of all the payments. A large sum of the amount will go to the transfer fees, notary fees, and escrow fees, property taxes, mortgage cost, and sewage and water bills.

Hiring a real estate attorney can help you save around $100 to $200 as they will work on comparing rates with the closing company.

Selling your home requires you to pay hefty charges as they are part of the overall process of the traditional real estate market.

To avoid these expenses and save your money in full, sell your house for cash to The Home Buyers.

The Home Buyers can buy your house in cash within 7 days. We buy any property as-is so you don’t have to spend for repairs. We take care of all the process and you don’t have to pay for anything. Moreover, you don’t need to pay for commission fees.

Feel free to contact The Home Buyers today. Our friendly customer service will happily assist you.

5 Worst Home Selling Advice You Should Never Believe

You are ready to sell your home and you have told your parents, relatives, friends about it. What’s next? It’s time to prepare for an onslaught of how-to and experts advice about home selling.

Here’s one great advice we would love to share: Don’t believe on everyone’s advice. While your family and friends have sold their houses and closed the sale on a good deal, you have to creatively work on the success of your sale. Following their suggestions could hurdle your chances of selling fast.

Worst Home Selling Advice for Homeowners

Here are 5 worst home selling advice you should not believe and why.

5 Worst Home Selling Advice You Should Never Believe we buy houses1. Don’t Sell When The Market is Slow

Most home sellers, and even real estate professionals, believe that home selling is fast and friendly when the market is hot. This isn’t true.

Everything from rate hikes, national election, and natural disaster can turn the market upside down, which can affect your sale.

According to Evelina K. Vatkova, associate partner at Partners Trust, the best time to sell your house is now.

Don’t depend on the market. Instead, prepare for the sale as early as today. Read about the best time to sell your home here!

5 Worst Home Selling Advice You Should Never Believe we buy houses2. Wait for the Spring And Summer to Sell Your House

Most homeowners are likely to sell their house during spring and summer time. For home sellers, enhancing your home especially the curb appeal is easy during these days. Likewise, home buyers can easily find better deals as more houses for sale are out in the market.

Kids are on their summer vacation so parents have time to scout for properties in preparation for the coming season.

Take note that not everyone observes the Jude- Christian holidays and not all homeowners have kids. While spring and summer have the most activities, it’s important that you work on selling your house any time of the year.

5 Worst Home Selling Advice You Should Never Believe we buy houses3. Don’t Fix Anything on Your House

You don’t need to make home repairs and renovations as you will just leave your home. Let the new owner make the necessary home improvements.

This is a big mistake homeowner should avoid. Improving your house will help a lot in the sale of your house. A newly-painted and clean house creates a good first impression to buyers and can augment its worth.

Prepare your home for prospect home buyers. The improved your house is, the appealing it is to buyers and the faster you can seal the deal.

Make sure to fix and paint the dented walls, de-clutter your things, and clean your house before you put your property out of the market. Here are 10 things to prepare your house for a quick sale.

5 Worst Home Selling Advice You Should Never Believe we buy houses4.  I Know The Best Agent in Town

When it comes to home selling, most homeowners ask the assistance of expert real estate agents. However, if this is your first time to sell, you probably don’t know anyone.

A friend’s friend recommended someone to work for you. Would you hire him?

Hiring a real estate agent is crucial. You need the perfect person that understands the market and your needs. Some homeowners are headaches while others aren’t. Find the one that best suits your requirements or engage with a cash home buyer.

Personal recommendation usually complicates the process and negatively affects your sale instead of making a good profit.

5 Worst Home Selling Advice You Should Never Believe we buy houses5. Your Camera Phone is Enough To Take Your House’s Photos

Although you got hundreds of likes on your latest Facebook photo, doesn’t mean you’ll get the same engagement for your bathroom’s photograph.

Your photographs can make or break the sale. Make sure they are clear and attractive to drive traffic to your posting.

Camera phones don’t have the range and feature of a digital camera so it’s best to hire a professional photographer who has the equipment and skills to capture picturesque photos. Here are other effective ways to market your house.

If ever you heard any of these advice during your home selling, just listen but don’t execute. What is effective for others may not be effective for you.

Related: 5 Common Home Seller Regrets and What to Do About Them

Selling your home is undeniably hard. The Home Buyers can make it easy. We are a group of professional real estate investors and we buy any type of property whatever the condition is.

You don’t have to wait for the market to become hot, repair your house, or work with a real estate agent recommended by a friend. We, The Home Buyers, can buy your house within 7-days. Call us today!

6 Facts about FHA Loans Every Home Buyer Should Know

Over the years, home selling and buying have become an increasing trend in the United States. Reasons vary from person-to-person but ultimately, the goal is to buy a new house.

However, some could not really afford to purchase because of low- income. Good thing there’s an FHA loan.

FHA Loans for Homeowners in Washington DC

The FHA loans become popular on 2008 after the surge of the financial crisis in the USA. It was originally an option for low- income buyers but boosts in popularity after the crisis.

More and more people are applying for FHA loans including those who struggle to get approved for a conventional mortgage.  If you are new to this process, here are 6 facts about FHA loans you should know before you make your application.

FHA Loans Requires an FHA- Approved Lender.1. FHA Loans Requires an FHA- Approved Lender

The Federal Housing Authority (FHA) is not the lender instead they find a lending institution to finance low-income buyers.

The FHA insures the loans and reimburses funds to the company whenever borrower won’t able to pay. With this insurance, the FHA charge borrowers with an upfront and yearly premium to protect FHA- approved lenders.

more expensive than conventional mortgage.2. They are More Expensive Than Conventional Mortgage

The additional mortgage insurance, which includes the Upfront MIP (mortgage insurance premiums) and yearly mortgage insurance premium, makes the FHA loan more expensive. These insurances protect the FHA and approved lending company in case of defaults.

The Upfront MIP is 1.75% of your total loan and is automatically added to your balance. The yearly premium, on the other hand, ranges from 0.45% to 0.85% up to 1.10% based on the location, the length of loan, amount borrowed and the loan-to-value-ratio. This is paid on a monthly basis.

Requires a Minimum Down Payment of 3.5%.3. Requires a Minimum 3.5% Down Payment

One thing that lures homebuyers to apply for FHA loan is the fact that they don’t require a big down payment. However, most people don’t know, FHA loan still requires a 3.5% initial pay, which is calculated from the total price of the property.

This means that you have to initially invest before your loan gets approved.

Credit Score is Determined by Your Down Payment.4. Credit Score is Determined by Your Down Payment

Although FHA loans are designed for people who don’t have a large amount of cash and excellent credit card for down payments, there’s still a catch. A minimum credit score is required for your FHA mortgage to get approved.

You should have a credit score of 580 or higher to qualify for the 3.5 % down payment. If your score is lower than 579, you’ll have to pay 10% of the total home purchase amount.

Know your credit score to avoid unpleasant surprises during your application.

creeping Closing Costs.5. Creeping Closing Costs

Home buying is expensive. Aside from the property cost, you also pay for additional charges including lawyer fee, title expenses appraisals, credit reports and more. These add up to your total expenses.

Sometimes, the costs are covered by the lenders, sellers, and home builder in accordance with FHA regulation. Although it’s a convenient action, lenders take advantage by adding the interest to your FHA loan. This makes your interest rate higher than expected.

Make sure to compare loan estimates to identify the best and economical mortgage before closing the deal.

Repair Costs is Added to Your Loan.6. Repair Costs is Added to Your Loan

If your house needs repair and renovation but doesn’t have cash to make the initial steps, the FHA has you covered. They have an FHA 230(K) loan to assist you on your house improvement projects.

However, this loan is added to your total mortgage so you have to pay the amount along with your original monthly payment. Moreover, the FHA 230 (K) loan amount is calculated based on the total repairs made than the appraised value.

Although this is helpful for low-income home buyers, it could creep up the costs.

You don’t need to make a loan. If you have a property for sale, sell to the Home Buyers. We are professional real estate investors who have intensive experience in home buying and selling. We can buy your house at the most competitive rate without requiring you to make intensive renovation and repair. Whatever your house looks like, we are ready to purchase.

You don’t need to make initial deposits or submit any requirements as you can get your money in cash. Contact us now for more details.

13 Common Reasons Why Americans Sell their Homes

Buying a new house is the grandest investment you’ll make. It is a venture to keep for a lifetime. However, the shifting lifestyle triggers for the change of people’s undertaking and preparation of the future.

Contrary to homeowners before, who live in their houses for more the 30 years, property owners today are less likely to stay long. Usually, 5-10 years of stay is enough to sell their house.

Why Homeowners Sell Their House in Washington DC?

This phenomenon might be intriguing for some but it is actually a common practice for Americans. Here are 13 reasons why homeowners opt to sell their house.

Reasons Why Americans Sell their Homes we buy houses1. Outgrown the Starter Home

First-time homebuyers, especially those that are newly married, usually purchase a property that can only accommodate them as partners. They overlooked the possibility of growing their family bigger in the coming years.

A spacious living room, additional bedrooms, and a bigger dining area become a necessity. With this, they opt to find a bigger house compared to their old one.

Make sure to buy a property that you believe will accommodate your needs for the next 5- 10. Although life isn’t always sweet and orderly-fashioned, preparing for the future is better than moving out every now and then to find a better and more comfortable home.

Reasons Why Americans Sell their Homes we buy houses2. Wants a Grander Home

Who would not want a better, bigger, and grander home? Of course, everyone would love to.

People with extra funds would invest their money on a new and bigger house and upgrade their lifestyle for the better. This is no problem especially if you can afford to make a purchase. Just make sure to save for the rainy days. A luxurious house won’t help you on your immediate needs.

Reasons Why Americans Sell their Homes we buy houses3. Rectify a Purchase Error

This should not happen but some buyers still make mistakes in their purchase.

For an instance, you may want to renovate your house, but zoning restrictions were implemented by the local officials without you getting notified by the seller. Or you easily fell in love with the newly- renovated house, only to find out that the location isn’t safe at all.

These mistakes happen because sellers get easily swayed by the seller or it is just due to personal negligence.  Whatever the reason is, they didn’t get the best deal.

If this happens, you have two choices. It’s either to live within the restrictions or sell your house and move. Usually, the latter option wins.

Reasons Why Americans Sell their Homes we buy houses4. Career Advancement

Job transfer is another reason why most homeowners move. If you are offered a job opportunity in a different state or town and don’t want to have daily commute then relocating is the best option.

Sell your home and find a local house nearby your new company. This saves you time and money.

Reasons Why Americans Sell their Homes we buy houses5. Marriage or Divorce

Since more and more people are marrying in their late thirties, they tend to sell their individual houses to get a larger home in preparation for a bigger family.  One, or even both of them, would sell their house to purchase a better property where they will start building memories.

Unfortunately, on the other hand, relationship breakup and divorce trigger homeowners to sell. Aside from forgetting the bad experience and memories from their old house, divorced partners sell their property with the goal splitting the profit to get equal equity.

Read: 4 Ways to Equally Divide Your Property After Divorce

Reasons Why Americans Sell their Homes we buy houses6. Undesirable Neighborhood

You have transferred to an area that is quiet and homey, however, in a long-run your neighborhood has started to change. It becomes toxic and no longer matches your current and desired lifestyle— socially, physically, and economically.

When this happens, homeowners are compelled to sell their house to transfer to a new location where they can get a peace of mind.

Reasons Why Americans Sell their Homes we buy houses7. Family Downsize

Kids have are already grown up and have built their own family. Once this happens, empty nesters would prefer smaller home.

Selling your old house and moving to a small yet cozier place is way better than staying in a house with no one to be with.

Read: 5 Easy Steps to Successfully Downsize Your Home

Reasons Why Americans Sell their Homes we buy houses8. Family Connection

Some people want to get closer with the family while others don’t. Depending on your goal, the need to sell your house is an ideal idea if you want to relocate near or far from them.

Reasons Why Americans Sell their Homes we buy houses9. Retirement

Some retired and older couples would want to relocate to an active-adult community, where they can have an active lifestyle and pursue a hobby. Some would love to go on travels.

Cleaning and maintaining big houses is an issue for the older homeowner so they prefer to settle on a simple haven that is easier to sustain.

Read: 4 Reasons to Sell Your Home When You Retire

Reasons Why Americans Sell their Homes we buy houses10. Health Issues

Back and knee problems and other physical ailments deter homeowners to climb high staircases and clean spacious property. Having these health issues, they would trade-off two-storey houses to a one-storey home or a condo unit for a simple lifestyle.

Others with severe health issues are recommended to stay at home with a nurse.

Reasons Why Americans Sell their Homes we buy houses11. Cash in Equity

Your house bought 10 years ago has doubled and tripled in price now. With this, some owners opt to sell their house to get the equity.  They are simply drawn to selling their home to get more funds than having a home.

If you do this, make sure to put your money to a better investment plan.

Reasons Why Americans Sell their Homes we buy houses12. Extensive Renovation Needed

Your house requires a total renovation. You need to replace the siding, install new roofs, buy a new furnace, and a lot more other areas to improve. This would possibly cost you more than buying a new home.

With this, homeowners choose to sell and buy than to spend money on the home improvements and renovation.

Read: 10 Things You Should Prepare to Sell Your House Fast

Reasons Why Americans Sell their Homes we buy houses13. Foreclosure

You weren’t able to pay your loan which set off mortgage lenders to foreclose your property. Before they close and sell your property, you may want to sell it yourself and pay the remaining loan balance before everything gets worse.

This is a strategy done by most homeowners to avoid foreclosure and still get money from its sale.

The above reasons are the most common reasons why homeowners sell their home out of the many. Usually, it varies on your financial goal and life circumstances.

However, putting your property on sale is difficult and takes a long process. If you want to take the plunge and sell your house fast, contact The Home Buyers.

We buy houses of any type whatever your reason is. We guarantee the sale of your house, pay it in cash, and close the deal within a week. Contact us now!