In today's market homeownership is a path to having future equity.Renting vs owning is always a big question should I rent or should I buy? Well I believe as a real estate professional buying is always the best way to go.Why? Well to start it's having a future equity and having a mortgage is lot cheaper than renting.You can save up to 30% in course of a year with a mortgage than paying rent.When you're paying rent it's like flushing money down the toliet and why'd would you waste your hard earned money by doing that? So at end of the day it's always best to finding a way to buy a home than rather paying rent to a property that you will never own.Also really you are more likely paying someone's else mortgage anyway when you pay rent so why'd not get a mortgage of your own?
You might have seen those signs sitting on a street corner stating "We buy houses for cash"and you wounder how do they really do that.Well let start how it really works
1.These people are investors
2.These guys are really cash buyers and can close fast
3.They will buy any home in any location and in any condiction
1.These guys are investors and are looking to buy cheap!
2.They DO NOT pay fair market value of a home
3. They will offer you a price that's anywhere from 30% to 50% below market value.
At the the end of the day it's your choice on whatever you decide to sell your home to an investor or sell it with a Realtor but at the end of the day you want to get the most and best value of your home.
In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
Here are five of those reasons:
1. There Are Too Many People to Negotiate With
Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:
The buyer who wants the best deal possible
The buyer’s agent who solely represents the best interest of the buyer
The buyer’s attorney (in some parts of the country)
The home inspection companies, which work for the buyer and will almost always, find some problems with the house
The appraiser if there is a question of value
2. Exposure to Prospective Purchasers
Recent studies have shown that 89% of buyers search online for a home. That is in comparison to only 20% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?
3. Results Come from the Internet
Where do buyers find the home they actually purchased?
44% on the internet
33% from a Real Estate Agent
9% from a yard sign
1% from newspaper
The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.
4. FSBOing has Become More and More Difficult
The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.
The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.
5. You Net More Money when Using an Agent
Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.
Studies have shown that the typical house sold by the homeowner sells for $210,000 while the typical house sold by an agent sells for $249,000. This doesn’t mean that an agent can get $39,000 more for your home as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.
Before you decide to take on the challenges of selling your house on your own, let's get together and discuss the many benefits of using a local real estate expert!
4813 34th Street West, Bradenton, FL
$ Click for current price
2 BEDROOMS | 1 (1 full ) BATHROOMS | 1100 SQUARE FEET
Cute 2 bedroom and 1 bath waiting for you.This home features updated new kitchen, granite countertops,new appliances,ceramic title,laminate flooring in the master bedroom.This home offers large back yard and room for a pool! Great starting home for a first time home buyer or as an investment property. Just short 10 minute drive to the beautiful sandy gulf beaches and close to shopping and schools. Price to sell! Call today to see this lovely cute home!
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