You may not want your bank to know that you’re facing financial difficulties. It’s the kind of conversation that we all would prefer to avoid. But that is the first thing you should do when you realize there is potential trouble with your mortgage payments ahead. Believe it or not, your bank does not want to foreclose on your house, so it may be able to offer some solutions for you. But the bank can only be so flexible. It is, after all, a business and it has its own financial interests to look after. Working with or without the bank, there are several alternatives to foreclosure available to you. Let’s look at the pros and cons of your options, including staying in control of your finances by selling your house.
Every first-time home seller wonders who is responsible for paying the real estate agent fees in California. If you are thinking about selling your old house in Walnut Creek or downsizing your current one in Tulare and have been asking yourself the same question, you are in very good company. The real estate commissions rates in California are some of the highest in the nation, averaging around six percent for a full-service real estate agent, so these fees can really add up. And, depending on your reason for selling in the first place, the prospect of paying high fees just to get your home sold may not sit well with you—or your pocketbook. It is possible to reduce what you are responsible for, however, and even avoid paying any fees at all. Let us explain.
Whether you’re selling your house to ease the financial burden of caring for it, get out from under mortgage payments, or moving for a new job, putting the wheels in motion to help you move on to your next destination can be an adventure. Unfortunately, it can also be expensive—adding even more stress to what may already feel like a complicated undertaking. Selling the house yourself, however, can lower your costs and reduce some of the pressure. That’s not to say that it won’t be a lot of hard work or without its own unique challenges, but if you know how to do a ‘for sale by owner,’ the process can pay off in more ways than you might expect.
You got a new job—congratulations! Moving out of state for a job means you have all sorts of new opportunities and adventures opening up to you. You’ll want to make selling your house as unadventurous as possible though, especially since you are probably on a tight deadline for this long-distance move. You have a lot to do in a short amount of time, so you have to define your tasks clearly and get them done in an organized manner to stay on top of them. It’s helpful to have a rundown of the steps you need to take to get your house sold fast on hand as your move gets closer. Here, you’ll find just that. In addition, you can downloadable a checklist to print and keep with you so you don’t miss any important steps. And, if all gets too overwhelming, we also offer an easy alternative way to get your house sold so you can get on with your big move.
The cost of living in California is on the rise. Whether you live in Sacramento, Fresno, or San Bernardino counties, you’ve probably felt the pinch too and, maybe, that’s part of the reason why you’re selling your home. After all, unloading your property is a great way to reduce your overall expenses. And, if money is a concern, another good money-saving option is to sell your home yourself. But, how do you sell your house without an agent? Let’s explore the process.
The California Foreclosure Process and Timeline: What Homeowners Need to Know Looking to sell your home? Let’s talk. Call us at (559) 500-3610, or fill out this form. We’ll get back to you as soon as possible. Every time the mail comes, you seem to hold your breath when checking whether the mortgage bill is in…
Perhaps the real estate agent came over to see your house and said that you would need to make expensive repairs if you want to sell quickly, but you’re not so sure it’s worth doing. It’s one thing if you only need to do some minor cosmetic work to make buyers happy. But, if your property needs major repairs or an extensive rehab, it may not make sense to undertake the project. You would have to spend days, even weeks, managing contractors or getting dirty yourself to make the work happen—in addition to shelling out for all the costs. A little back-of-envelope calculating convinces you that while the work could make the house sell faster, it may not pay for itself with an increase in sale price. Instead, the practical choice is to skip fixing anything and find out how to sell your house as-is.
An inheritance can come unexpectedly, sometimes making a difficult time even harder. Besides dealing with the loss of a loved one, you are suddenly immersed in administrative tasks and legal details that can quickly become overwhelming. This is all the more so if you are heir to a house you don’t want to keep. Perhaps the property is far from your home and will be a burden to take care of, or you may just prefer to receive money. Regardless of the reason, it is possible to sidestep the months of waiting for the court to officially put your name on the deed and sell the house before probate is granted. Let’s take a look at the details you need to consider and the primary steps to take to get the house sold.