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4 Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville

Advantages of Selling to an Investor Over a Traditional Buyer

How to Sell And Who You Should Sell To?

If you’re thinking about selling, you’re probably weighing your options right now and maybe deciding how to sell and who you should sell to. Check out this blog post to learn the key advantages of selling to an investor over a traditional buyer in Louisville…

When it comes to selling your Louisville house, you have a number of options. You could work with an agent to list your house and they’ll try to find a buyer. Or you could list your house yourself and try to find a buyer. Or, you could work with a real estate investor who will buy your house from you directly… and fast. Here are the advantages of selling to an investor…Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: Speed

In order to sell to a traditional buyer, that buyer has to be found by the agent… which is a process that can take months. Fortunately, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly! We Buy Houses Louisville!

And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville. We Buy Houses.

At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we can often buy houses in Louisville within 7 days. Click here to enter your information and we can get back to you right away to give you more details.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: No Repairs

Not every house is in pristine condition. That’s okay, it happens. But when you sell to a traditional buyer, you’ll probably have to pay out-of-pocket to fix up the property and clean it before a traditional buyer will even look at your house. But most investors buy houses in as-is condition, which means you can save money and time (and hassle!) by skipping the repair and cleaning.

And if the repairs are really extensive, you won’t have to deal with a contractor, either. Yes, the investor may ask for a small discount on the selling price since THEY are covering the repairs instead of you, but this is a small price to pay to sell quickly and without all the hassle. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: No Guessing

This is perhaps the biggest problem of them all: When you sell to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the house… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to an investor, you know exactly what the investor will pay right away. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward. Sell House Fast Louisville.

There are many ways to sell your house. And although selling to an investor might not be the right choice for everyone, it might be right for you. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville. We Buy Houses Fast! We Buy Houses Cash!

 

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3 Ways To Tell Real Estate Agents And Investors Apart In Louisville.

Ways To Tell Real Estate Agents And Investors Apart In Louisville

Ways To Tell Real Estate Agents And Investors Apart In Louisville

If you’re thinking of selling, you’ll likely connect with people who want to help. Some will be agents and some will be investors. Check out this blog post to read about 3 ways to tell real estate agents and investors apart in Louisville, and help you understand why you might want to work with one versus the other…

Thinking about selling your house? You might be approached by a bunch of different people who all offer to help you sell. But not everyone who offers to help will help in the same way. Some are real estate agents, other are real estate investors and they’ll help you in different ways. Here are 3 ways to tell real estate agents and investors apart in Louisville. We Buy Houses.

Ways To Tell Real Estate Agents And Investors Apart In Louisville: List Versus Buy.

The easiest way to tell agents from investors is to ask what they are going to do with your house – list it or buy it. A real estate agent will list your house on a listing service and they’ll try to find a buyer. They might need to show it to several people in order to find one buyer. We Buy Houses Louisville.

An investor, on the other hand, isn’t going to list your house – the investor is a buyer and they will buy your house from you directly. (That’s what we do at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 – we’re buyers and we buy houses in Louisville. If you want to sell your house, click here and enter your information to find out how much we can pay).

Ways To Tell Real Estate Agents And Investors Apart In Louisville: Timeline To Sell.

The next way to tell an agent apart from an investor is to ask about their timeline to buy. An agent won’t know because they have to find the buyer first. In many cases, they might be looking at 3-12 months during which they’ll show the house to multiple potential buyers. We Buy Houses Cash.

An investor, though, will know exactly how long it will take to buy your house since they’re the ones who will buy it. They will have an exact timeline (which could depend on you and how quickly you want to sell). We Buy Houses Fast.

Ways To Tell Real Estate Agents And Investors Apart In Louisville: Commission Versus No Commission.

This one is crucial! An agent makes their money when they find a buyer and then you have to pay them a commission on the house (which could be somewhere around 6% of the sale price… or $6,000 on a $100,000 house).

An investor, however, isn’t listing your house so there aren’t any commissions. That’s because an investor will make money by either renting the house to a tenant or fixing up the house and selling it… so they make their money in a different way. Sell House Fast Louisville.

There are other ways to tell an agent or investor apart. The best thing to do is just ask… they’ll tell you!

If you’ve read this post and decided to see what an investor can pay for your house, get in touch with us.

 

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Sell My House For Cash In Louisville Kentucky

 
 

How Can I Sell My House For Cash In Louisville?

If you are thinking about finding a buyer for a house here in Louisville, Kentucky you may find it is no walk in the park, especially if the house needs some work. If you need a really quick sale for this type of house, then chances are you are grappling with the question, “How can I sell my house for cash in Louisville Kentucky ?” Well, fret not! There are several options that you can explore when putting your home up for fast sale. We Buy Houses Cash Louisville.

Here are three most common options worth considering; however, if you need to sell your house fast for quick cash, then be sure to call Fast Cash House Buyers, L.L.C. first at (502) 631-9392. We have cash in the bank, and are able to buy  most any house, anywhere in Louisville, Kentucky. Sell My House for Cash in Louisville Kentucky. We Buy Houses Louisville.

#1 “Sell My House Fast For Cash In Louisville Kentucky To A Local Investor”

If you are determined to sell your house to a cash buyer, a local Louisville house buying company such as us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 are one option for you. We buy houses in Louisville and surrounding areas in Kentucky when sellers need to sell fast.  If you’re looking to get the full market retail value on your house… and you have time to wait for it to sell (3-6 months) look at option number two. But if you need to sell your house fast and are willing to sell it less than the full retail value that you may be able to get by listing it w/ an agent and waiting until it’s sold… we’d like to make you a fast-fair offer on your house today... or call us directly at (502) 631-9392. Sell My House for Cash in Louisville Kentucky.

#2 “Sell My House For Cash With A Real Estate Agent”

If you have a bit more time and can wait for the right retail buyer to come along, and you can pay the 3-6% in real estate agent commissions on the sale… listing your local Louisville, Kentucky house with a real estate agent is a great option.

A real estate agent is one option for getting your property across to cash house buyers… It is possible to sell your house quickly for cash through a real estate agent. We Buy Houses Fast Louisville.

However, this begins by finding the right agent. Start by asking at least five local Louisville agents to assess your home and show you some comparable houses that they have recently sold for cash. The agent you settle for should list your house in as many property websites as possible in order to broaden the market reach and of course put it on the local Louisville area MLS (multiple listing service).

It is also important that they advertise your house in the local publications buyers tend to look at (newspapers, etc.). To help speed up the process, consider offering the agent an attractive incentive if they manage to sell the house within a specified time frame. With this option you will of course pay the real estate agent commissions… so be prepared to figure that into your overall costs. Sell My House for Cash in Louisville Kentucky.

#3 “Sell My House For Cash With A FSBO Listing”

According to experts, 90 percent of all property searches now begin online… and if you have time to wait to get your house sold… and the time to show potential buyers your house as they come calling… selling your Louisville house “For Sale By Owner” may be a good fit.

There are tons of web based real estate agents that you can approach to sell your house on their websites and some agents will let you purchase a listing on the MLS for $300-$500+. . Additionally, you can list your house on websites like Craigslist as well as online property directories in your area. To attract potential buyers, be sure to accompany your listing with clear photos of your home. Sell My House for Cash in Louisville Kentucky. Sell House Fast Louisville.

“So, who can buy my house for cash in Louisville Kentucky?”

If you are grappling with this question, you need to realize that it is possible to sell a house fast for cash… the main thing you need to decide right now is how fast you need to sell your Louisville house.  If you have 3-6 months and can pay the real estate agent fees… list your house with an agent.

But if you don’t have enough room in the house sale to pay an agents commissions… or you can’t wait the time it may take to sell your house at full retail… chatting with a reputable local real estate buyer like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 may be a great option to explore. All you have to do is know your options when it comes to selling property for cash. Click here to learn more house for cash selling tips. Better still, fill the web form below for a fast fair all cash offer for your home. We Buy Houses Louisville. We Buy Houses.

 Sell My House for Cash in Louisville Kentucky.

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offer for your Louisville house TODAY!!!

 

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Why Won’t My House Sell in Louisville?

Why Won't My House Sell in Louisville?

Why Won’t My House Sell in Louisville?

You’re trying to sell a Louisville Kentucky house that just won’t sell?

And yet – the news says the real estate market is heating up. The media is practically shouting again about multiple offers, high demand, and record-setting prices.

So where’s your contract? Why Won’t My House Sell in Louisville?

These tips could be just what you need to help you sell your Louisville home.

Why won’t my house sell in Louisville? – 6 Tips To Cure It

 

1) Get good help.

Just like before, there are novice agents and investors rushing into the booming market trumpeting that they know what they’re doing.

But they don’t. They’re getting hit hard with the nuances of financing, deal structure, and evaluation. Seriously, chances are good that real estate is your biggest investment – don’t trust just anyone’s advice. If you want great results, partner with the pros.

2) Don’t make too many improvements.

Too often we see over-improved properties – those where the owners have gone too far. Even with the best of intentions, exceptional craftsmanship and true artistic talent, it’s incredibly challenging to exceed what the market is paying. Plus, most buyers want to add their own custom touches. Get rid of all the clutter and think “neutral”.

3) Do make necessary improvements.

Unfixed stuff scares buyers. Show that you’ve been a responsible property owner and get all the little details fixed.

Don’t leave gaps in the trim or plates off of the switches. Get it inspected by a professional home inspector, and show off the healthy home report. This goes a long way towards establishing confidence that they’re making a good purchase.

4) Style and design matters.

Curb appeal is as important as the inside – so don’t neglect one part of the property to improve the other. Give buyers a cohesive impression of great style. Paint the walls, update the landscaping, and most of all – keep it immaculately clean. Consider hiring a professional designer to help tastefully stage the property.

5) Pricing matters a lot.

If you’re getting a lot of showings but not a lot of offers, you might not be too far off in price. If your best efforts to advertise your property aren’t making the phone ring, you’re probably overpriced.

6) Every property will sell – sometime.

There’s no magic formula – but there’s no substitute for experience.

Why Won’t My House Sell in Louisville?

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If you need to sell a house near Louisville, we can help you. We buy Louisville Kentucky houses.

We buy properties like yours from people who need to sell fast.

 

Give us a call anytime (502) 631-9392 or fill out the form here today!

 

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How to Find a Good Real Estate Agent in Louisville

How to Find a Good Real Estate Agent in Louisville

How to Find a Good Real Estate Agent in Louisville

Hiring a real estate agent in Louisville can be frustrating. So what are the steps on how to find a good real estate agent in Louisville?

Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Louisville.

However, the agents backed by the most promotion dollars aren’t always the best, and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Louisville.

[NOTE: If you need to sell your Louisville house fast and can’t wait the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ]

How To Find A Good Real Estate Agent In Louisville – Get Reviews… Real Reviews

Online reviews of real estate agents are easily manipulated, and can be often times little more than paid advertisements. It’s important to get honest reviews from any agent that you’re considering, and any reputable agent will be glad to provide you with recent clients. How to Find a Good Real Estate Agent in Louisville.

Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace.

As a last way to check out the agent… hit Google and type in “[name of agent] reviews” and see what pops up in the Google search. If you see a bunch of bad reviews on websites like yelp and others… see if the agent tried to engage with those negative reviewers online to resolve the situation. How to Find a Good Real Estate Agent in Louisville.

Ask the Right Questions Of The Local Louisville Real Estate Agent

Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill, and ability to represent you as a buyer or a seller:

  • Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with?
  • What was the asking price?
  • What was the sales price?
  • What properties have you worked with in my location?
  • What about similarly sized properties?

How to Find a Good Real Estate Agent in Louisville.

It’s important to choose an agent who has experience working with homes similar to yours.

Check The Real Estate Agent’s Credentials

Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent.

You should also ask the agent how long they’ve been buying and selling homes. If they’re representing an agency, ask how long they’ve been with that particular agency, and their history with other firms. How to Find a Good Real Estate Agent in Louisville.

Above all, it’s important to choose a real estate agent in Louisville that you can trust. Regular communication is extremely important when selling your home, as in many cases, a house represents the majority of your net worth. A good agent will be able to answer questions such as:

  • How many inquiries have been made about my home?
  • How many of these inquiries came from people likely to make a purchase (not just window shoppers)?
  • What other properties in this neighborhood are for sale? What is the asking price of those homes?

Ask The Local Real Estate Agent How They Plan On Selling Your House

Sometimes going the direct route is the best. In the case of looking for a local Louisville Kentucky real estate agent, ask them how they intend on selling your house for you that the other agents in town won’t do. And see what their answer is. How to Find a Good Real Estate A.gent in Louisville

Usually the great ones actually have a marketing plan and will get your house out there and on the market in a big way. How to Find a Good Real Estate Agent in Louisville.

This Is Where Low Priced Isn’t Always The Best

Often times Louisville Kentucky home sellers want to go with the lowest priced option.

Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees just to 1 real estate agent (usually both agents representing the buyer and the seller earn commission)… it isn’t cheap.  But just really do your research before you go with a cut rate agent or a flat fee agent… because that usually means that the service you’re getting is also a lower level service. How to Find a Good Real Estate Agent in Louisville.

Some of the best real estate agents in Louisville have great marketing systems and are able to sell homes faster and for higher prices.  So even if you find someone to sell your house at a 1.5% fee… look long and hard at whether you’ll be saving money long term.

The same goes for selling your house to a local real estate investor like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392.  The highest priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you… and ensure they can close on-time… because every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property.

It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate can make selling your home an extremely smooth experience, and will work in your best interest.

So go out there and do your research and find a local real estate agent.

If you need to sell your house fast… we’d love to make you an all-cash fair offer on your house.

We can make you a no-obligation offer in 24 hours or less and you can weigh that option against going with a real estate agent.

Just click the link below and fill out the short form on the next page to get the painless process rolling.

Need To Sell Your Louisville Kentucky House Fast?

Submit Your Basic Property Info For A Fast Cash Offer >>

 

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How to Avoid Foreclosure in Louisville

How to Avoid Foreclosure in Louisville

How to Avoid Foreclosure in Louisville?

While the housing market is rebounding, many people in Louisville, Kentucky are still struggling to make their mortgage payments.

If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.

Thankfully, there are a number of things that you can do to avoid foreclosure in Louisville. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.

So lets dive in on a couple quick tips on possibly how to avoid foreclosure in Louisville with your home.

The Keys of How To Avoid Foreclosure in Louisville Don’t Abandon Ship

Many people simply give up and walk away from their home. There are even areas of Louisville have begun to resemble ghost towns, as the economy has impacted residents significantly.

Detroit is a prime example of what can happen when people abandon their homes.

This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.

While it’s extremely stressful, you do have options:

Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Louisville are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.

Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.

We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Louisville are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.

We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you. We Buy Houses In Foreclosure. We Buy Houses Louisville.

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

 

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Foreclosure Effects in Louisville Kentucky – What Sellers Need to Know

Foreclosure Effects In Louisville

Foreclosure Effects in Louisville Kentucky

Foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. Today we are going to look at the foreclosures effects in Louisville Kentucky and what local house sellers need to know. First we will look at the effects and the ways of easing them.

Foreclosure Effects in Louisville KY to Sellers

  • Loss of your home – Pretty self-explanatory here. The major end result of a foreclosure in Kentucky is of course the loss of the home to the bank.
  • Decrease in Your Credit RatingYour credit rating will be lowered by the foreclosure. How much? It depends on how high your current credit score is… but the higher your current credit score… the more your score will drop after a foreclosure. If you have a credit score of 680 or higher… you may see a drop of 100+ points.
  • Depression and Stress – Your mental health is at stake because of the high pressure situation. Going through a foreclosure is emotionally exhausting and frustrating to say the least.
  • House Values In Your Community – Another one of the big foreclosure effects in Louisville Kentucky is that they tend to lower the overall value of the houses in your neighborhood… especially if there are multiple foreclosures in the immediate area.

How You Can Ease The Effects Of Foreclosure In Louisville

Foreclosure Effects In Louisville KYFor the well being of you and your family, you need to mitigate the effects of foreclosure as much as you can. The process can be frustrating and time consuming, but there are people who can help you navigate your different options in the process.

First…

  1. Call your bank and work with them:  Most banks are very willing and ready to work with you… if you can show that with their help you can get back on track and save your house.  Or, if you just want out of the house but you owe more on the house than it’s worth… see if the bank has any programs to lower the mortgage burden so you can get out from underneath it without it going through an expensive foreclosure.
  2. Talk with a local real estate expert, like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392: We know the local Louisville real estate market well and are very experienced in the foreclosure process here in Kentucky.  Give us a call at (502) 631-9392 and we can guide you toward the resources that can possibly help you.
  3. Sell your house: If you’d rather find a way to sell your house and avoid the foreclosure all together, great! We buy local Louisville houses for cash… and would love to look at your situation and make you a fair all-cash offer on your house.  Just call us at (502) 631-9392 or shoot us your details through this website

With the above knowledge on foreclosure effects in Louisville – what sellers need to know, you can guard yourself by calling Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 and we shall assist you in the shortest time possible to sell your house. However, to fast track the process, kindly fill out our website contact form to give us more information about you. We’d love to connect with you and help you find the best solution!

Who Are the Cash House Buyers in Louisville Kentucky?

who are the cash for houses in Louisville

Who Are the Cash House Buyers in Louisville Kentucky?

You’ve seen the “we buy houses in Louisville” and “cash for houses” signs all around town when you’re driving around… even in other cities across Kentucky… so who are these cash house buyers in Louisville Kentucky?  Are they legit? How does it work?  Who should I trust?

We’ll dive into these questions here in this article… and don’t be afraid if you have other questions to hit us up on our Contact page or comment at the bottom of this article anytime as well!

Selling Fast: Who Are The Cash House Buyers in Louisville Kentucky?

Selling your home in today’s real estate market, isn’t always the easiest thing to do.

If you need to sell fast due to divorce, job loss, pressures of relocation, or any other of life’s tribulations, this process can be especially formidable.

Luckily, there are ways for you as a local Louisville house seller to win! Selling to a cash house buyer can get you the cash that you need fast, while also taking your property off your hands so you can move on with your life.

Usually it will also relieve any pressures of repairs so you can sell your Louisville Kentucky home as-is. Selling your house to the perfect cash buyer can be a quick and easy process.

First ask yourself, Who are the cash house buyers in Louisville Kentucky?

Cash buyers will usually be investors (some locally based, like us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392… and some based out of town) whose goal is to create win-win situations and help homeowners like yourself.

Quick Tips to Remember When Looking For A Reputable Local Louisville Cash House Buyer

  • Price it right
  • Be honest
  • Be flexible

Price it right – When selling to a cash house buyer in Louisville, keep in mind that they’re buying with cash, instead of using bank financing… and they can close very quickly.  We can buy your house in as little as 7 days from today if you wanted to sell that quickly… rather than waiting 30 days to 9 months to sell your house the traditional “listing agent” route. This means that a professional house buyer won’t be able to pay as much as a retail buyer (someone living in the house) would.

This also means that you’re getting a quick/ hassle free sale and cash in your pocket so you can move on with your life! Check out this article on pricing your home to sell.  So don’t go into the process with expectations of getting the same price on a quick cash sale that closes in a matter of days or weeks that you’d get with an agent listing your house to find the ideal retail buyer for months and months and months.

Also consider in your pricing the fact that local cash home buyers like us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 don’t charge any fees or commissions.  So consider that a savings right there!

Be honest – Always tell the truth when giving descriptions of repairs and values. An experienced cash buyer will do their homework, so tarnishing a relationship and potentially hindering a sale in the name of saving a few bucks, is never worth it. Just be honest with your buyer and they will work with you.

Be flexible – Cash house buyers in Louisville can often come up with creative solutions to your problems. Be flexible, and willing to share and listen to make the best of your situation.

Cash House Buyers in Louisville KentuckySometimes after talking to many local Louisville area house sellers we’ll find out that there are other options that make a lot more sense for them… rather than us buying their house. So, be flexible coming in and we’ll let you know what we feel are the best options for your situation. If it means us buying your house in a win-win transaction… great!  If it means you selling your house another way (or even finding a way to stay in your house)… great! We Buy Houses Louisville.

All we care is that you’re taken care of in the process. That’s how we win so many long-term fans of Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 who end up referring their friends and family our way when they need to sell their Louisville area houses fast too.

The bottom line is, regardless of how daunting the task of selling your home may appear, sometimes all it takes is finding out who are the best cash house buyers in Louisville Kentucky. We Buy Houses Louisville.

Start Here: If you need to sell your Louisville Kentucky area house fast, give us a call at (502) 631-9392 OR fill out this simple Fast Cash Offer Form >>

Selling Your Home During a Divorce in Louisville

Selling Your Home During a Divorce in Louisville

Selling Your Home During a Divorce in Louisville

If you’re wondering about the ins and outs of selling your home during a divorce in Louisville Kentucky… we’ll dive into the steps and things to look out for in this article.

With over 50% of American marriages ending in divorce, many Louisville Kentucky residents are looking or advice for selling a home during a divorce.

A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst. Selling Your Home During a Divorce in Louisville.

Determine if (and when) You Will Be Selling Your Home During Your Divorce in Louisville

In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.

In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).

Get Professional Help – Agents and Home Buyers / Investors

Selling a home is a difficult process when everything is going right.

During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or other issues. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your home.

If you need to sell your Louisville house fast… reputable local real estate investment firms like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 may be a great option.  Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast.

If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet.

But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Louisville… chat with us to see what we can offer you for your house during your divorce. Selling Your Home During a Divorce in Louisville.

Set (and stick to) a Timeline

It’s important, when selling your Louisville house during a divorce to keep a timeline.

You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.

This helps ensure a smooth, surprise free home sale.

Selling Your House Fast For A Fair All-Cash Price

Selling your Home during a Divorce in LouisvilleOne option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392.

Selling Your Home During a Divorce in Louisville.

Reputable local real estate investors like us, purchase houses quickly and without stress, and the process can often take as little as seven days.

Deciding how to sell a marital home in Louisville doesn’t have to be as stressful as the divorce itself.

By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.

If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…

Selling Your Home During a Divorce in Louisville

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.

 

Photo by Family Attorney Sacramento

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How to Stay in my Home after Foreclosure in Louisville

How to Stay in my Home after Foreclosure in Louisville

How to Stay in my Home after Foreclosure in Louisville

A recent study estimates that 47% of foreclosed properties are still occupied.

When you first see that stat you may be surprised… but we’re not.

What most people don’t realize is that banks aren’t in the business to own homes.

They are in the business to loan people money. But when they have to foreclose on a house… the bank is forced to own the home until they’re able to sell it to get all or most of their money back.

But, what they had found is that when a Louisville foreclosed house goes vacant… there is a much greater chance that the house will fall into disrepair.  Often times the bank would rather have you in the property even after you stop paying your payments and the foreclosure is started because it wards of vandals and keeps the house in good working order.

There’s been a lot of talk in the media about people living for free after foreclosure – and even many stories about banks “abandoning” properties.

In those stories, people are avoiding house payments for months, even years.

Man, that sounds great! Let’s all live for free. (wink)

Wait… it can’t be that simple, right?

Right.

No bank would purposely neglect collecting payments. The only way that you get to live without making any payments is when some major mistakes were made.

But you might get lucky! It’s possible, and it’s happened before. However, it’s not exactly legal to avoid payments that you owe, and it can get you in serious trouble.

So why are so many foreclosed homes occupied? It’s important to remember that no one wants the house to be vacant. Vacant homes are targets for vandalism and crime.

Staying in the property can help the bank maintain the value of their investment, so it’s actually in their best interests to keep it occupied. Partly because of the ways that the foreclosure laws are structured in Kentucky, banks may ask you to leave while wanting you to stay.

There are a few perfectly legal ways to remain in your home, even after foreclosure.

How To Stay In My Home After Foreclosure In Louisville

Not all these options are available (depending on your situation and your lenders), and you’ll need some expert advice along the way to help you get through.

1) Wait it out. Honestly, this is a pretty bad option, but it seems to be increasingly common. You definitely shouldn’t run away and abandon your house when the first notice of default shows up. Remember that the proceedings and the process takes months and sometimes years. It’s not over until it’s over, so don’t give up too early. On the other hand, don’t wait until the sheriff shows up to evict you to start packing up your stuff.

2) Go to court. In very rare cases, judges are granting stays and delaying evictions. This is really only a valid option if you (and your attorneys) can prove that the bank has neglected a legal requirement during the foreclosure process. During the past few years, a lot of fraudulent behavior at banks has been uncovered – so we may see an increasing trend of using the courts to stop foreclosure. Fighting banks with lawyers is very difficult, expensive and time-consuming, even if you’ve got a perfect case (most people don’t stand a chance).

How to Stay in my Home after Foreclosure in Louisville3) Propose a move-out bonus. Often buyers of occupied foreclosure properties spend thousands of dollars on lawyers and other costs of eviction, so why not save everyone the time and expense by taking some of that money yourself? It’s known as “cash for keys”. It sounds a little greedy, but greasing the wheels does help everything to run smooth. Plus, you can help out the bank and the buyers by not abandoning the house to squatters before they’re ready to take possession.

4) Rent it back. It may sound crazy, but some banks are willing to take on previous homeowners as tenants in their property. That’s only a short-term fix, as they’ll want your agreement to vacate the premises as soon as they find someone to purchase the property. In some cases, we can even purchase the property and rent it back to you.

It’s really good that you’re reading this page and exploring your options. We help homeowners like you to find creative solutions.

We can’t help everyone, but we might be able to help you.

We buy local Louisville KY houses like yours from people who need to sell fast

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

 

Photo by Sean Bonini

 

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