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What Are The Different Fees Paid To Agents Versus Paid To Investors?

The Different Fees Paid To Agents Versus Paid To Investors

What Are The Different Fees Paid To Agents Versus Paid To Investors?

You want to sell your house and you’re looking forward to putting some money in your pocket. But did you realize that selling your house may mean you have to PAY money? In this blog post, we break down what are the different fees paid to agents versus paid to investors…

It’s true… selling your house can sometimes mean that you have to pay. (This isn’t always the case but it often is.) We want to you to know about the different fees you have to pay because this information may help you decide whether to work with an agent or to sell your house directly to an investor.

What Are The Different Fees Paid To Agents Versus Paid To Investors? — Agent Fees

An agent is a salesperson and they will try to find a buyer to buy your house. In order to do this, they will list your house in a listing service and use various marketing efforts to try and find a buyer.

So you’ll end up having to pay some fees to the agent. Those fees usually include a commission if they can sell the house (this is the highest amount of money you’ll have to pay and it’s often about 6% of the sale price of the house, or about $6,000 for a $100,000). There may be other fees you have to pay as well, and these might include different advertising fees or other costs associated with selling your house. There might be a fee to list your house, or there might be a fee to the agent’s brokerage or there might be a fee to get a sign in front of your house or there might be a fee for the title company… the list goes on and on. You can ask the agent about these and they should tell you.

What Are The Different Fees Paid To Agents Versus Paid To Investors? — Investor Fees

This is the part that surprises most house-sellers: for most investors, there are rarely any fees to cover. Investors will usually take care of all fees associated with selling. Plus there’s no commission to pay because they’re not agents so they’re not listing your house. You might be responsible for closing costs but this depends on the investor so make sure you ask the investor who pays for those costs.

The One “Fee” You May Not Be Thinking Of

There’s one more cost (“fee”) that you might not be thinking of: when you work with an agent, they’ll get you to fix up your house and then you’ll have to pay bills and taxes for as long as it takes the agent to find a buyer. So although this isn’t a fee to the agent, it’s a cost you’ll have to pay because of the agent… yet when you sell the house to an investor, they buy quickly so you end up saving this cost as well.

So what’s right for you? It depends on how much you’re willing to pay and how quickly you need to sell. The different fees paid to agents versus paid to investors.

If you want to go over this in more detail or confirm that we won’t charge you any fees if you sell your house to us then please get in touch and we’ll be happy to walk you through it.

We’re happy to give you more information about our buying process and to share with you exactly how it all works. Click here and enter your information or pick up the phone and call us at (502) 631-9392.

 

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Key Disadvantage Of Selling To An Investor Over A Traditional Buyer In Louisville – Here’s What You Need To Know

Disadvantage of Selling to an Investor Over a Traditional Buyer

How To Find A Great Investor In Louisville To Sell To.

If you’re thinking about selling your house, you might be weighing your options about how to sell. Keep reading to learn the key disadvantage of selling to an investor over a traditional buyer in Louisville…

Disadvantage Of Selling To An Investor Over A Traditional Buyer

You have a lot of options when it comes to selling. You might sell through an agent to a traditional buyer, or you might consider selling your house directly to a real estate investor.

There are advantages and disadvantages to both. But if you’re thinking of selling to an investor, here’s the one key disadvantage of selling to an investor over a traditional buyer in Louisville that you should be aware of:

When you sell through an agent, the agent usually has to pass an exam and get certified in order to be an agent. And they have to usually pay money to different organizations (such as a brokerage and/or a licensing board – it varies from one state to the next).

On the other hand, anyone can be an investor without any formal training or certifications. Someone can just say they’re an investor and they’re an investor… without any additional training. This can be a disadvantage to house sellers like you who might be looking for help in your situation but you end up working with an investor who has no experience.

Fortunately, there ARE investors out there who have the skills, knowledge, and experience to help you in your situation, no matter how complicated it is. Disadvantage Of Selling To An Investor Over A Traditional Buyer.

Here’s How To Find A Great Investor To Sell To

Start by looking for the investor’s website. Do they have one? What information is on there? Are they helpful? Do they give you lots of information? Do they have testimonials or case studies that demonstrate their experience?

Then, call their office and talk to them. Are they respectful of your time? Do they sound like they know what they’re talking about? Are they helpful? Ask them about their process and how they work with you. They shouldn’t be pushy and should offer no-obligation offers to you.

You can learn a lot about an investor with just these two steps. While anyone can be an investor, there are many great real estate investors out there who have your best interests at heart and who will work hard to help you.

Consider our company, for example: you are welcome to click around our site and learn more about us. We are an open book and always happy to help. Feel free to get in touch with us to ask our team questions before you decide.

When it comes down to selling your house through an agent or to an investor, selling to an investor is faster and easier… as long as you find the right investor! We’re happy to talk to you before you make any decision! We want to get to know you and earn the right to buy your house. Disadvantage Of Selling To An Investor Over A Traditional Buyer.

 

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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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about selling your house.

We’ll be happy to walk through a closer comparison

between selling to agent versus selling to an investor.

 

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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.

Fill out the quick form below to get your fast-fair cash
offer for your Louisville house TODAY!!!

 

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Sell My House for Cash

 

Sell Your House Without an Agent in Louisville KY

Sell Your House Without an Agent in Louisville KY

Another happy buyer – 2015!

Well, we did it again.

Gave somebody money to get rid of a house they didn’t want anymore.

I got a call the other day from a very nice lady named Barbara who wanted to sell her house without an agent here in Louisville Kentucky. She’d been thinking for a long time about what to do with her old house. She’d raised a family there and had a lot of fondness for the place, which anyone can understand. Her family had been nudging her for a while to sell the thing, but she couldn’t quite do it. Sell Your House Without an Agent in Louisville KY.

However, the years had taken their toll on Barbara’s house. It wasn’t abuse or neglected, but time marched on and houses like hers naturally just kind of wear out just from sitting there. Paint starts to fade, carpets get dusty, etc. The roof will wear out just from the weather and Father Time. After a period of time, home doesn’t look like home anymore.

Once Barbara was ready to sell, she didn’t want to fool around with an agent. Not that there is anything wrong at all with selling with an agent, but what Barbara REALLY wanted was a BUYER, not an agent. As it turned out, she’d known about Marie and me and called me up. We talked on the phone for a little while. It sounded like we were generally in agreement about what the house was worth, so I came out to take a look at it. Sell Your House Without an Agent in Louisville KY.

The house had various things wrong with it due to the passage of time. It was not in the kind of shape that a regular buyer who wanted to move in would want it, but that was fine with me. I knew that it would cost some money to fix the place up. Barbara knew it, too, but wasn’t too keen on spending that money. She just wanted that house GONE.

After I looked at the house, she and I (and her son) just talked out in the yard for a few minutes and reached an agreement. After that we wrote it down on one page of paper and each got a copy so we all understood what we agreed too. We arranged for a sale the next week. As it turned out, Barbara’s son had something going on at work the day of the closing, so we moved the date to suit Barbara and her son’s needs. Sell Your House Without an Agent in Louisville KY.

We met at a real estate attorney’s office and had a closing that lasted maybe 30 minutes or so and she left with a check, and without a burdensome house.

Sell Your House Without an Agent in Louisville KY

Does this true story sound like something that would be good if it happened for you? Would you like to sell your house without an agent in Louisville KY? If so, just give me a call at (502) 631-9392. I’ll be glad to talk with you and see if we can help you.

Thanks and God bless,

-Dave
(502) 631-9392

 

If you like to sell your house without an agent in Louisville,

fill out the form on this website to get started.

Or Give Us A Call Anytime at (502) 631-9392.

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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?

****************
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!

 

Photo by Bart Everson

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I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

I Inherited a House, What To Do? – Should I rent or sell in Louisville

Inherited House – Should I Rent or Sell in Louisville?

First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times.

You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it?  How should I sell it?

Tons of options open for you, but…

… we can help.

We’re seasoned investors in Louisville real estate, and we’re looking to buy several houses each month in the Louisville Kentucky area. Every month we get calls from those who have inherited a house and are looking to sell the house… so the info below are some tips to help you navigate the process.

I Inherited A House, What To Do Next?

Here’s a few important considerations to help you make the right decision:

1) Make sure the mortgage is paid.

This may sound obvious, but if the person who left you a property also had a mortgage (unless it had no mortgage and was paid off, which is great!), you have to pay it (assuming you want to keep the property). Some banks will allow you to assume the loan, while others may force you to refinance into a new loan. If you don’t qualify for a new loan, renting may not be an option for you. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

2) The investment is only as good as the manager.

If dealing with brokers, maintenance, tenants, rent collection and all the nuances of property management isn’t the best use of your time, hire a professional to help you or cash out now.  Some people who inherit homes decide to keep the house and rent it for extra income. That’s a great strategy for sure. You just need to be prepared to manage the property and the hassles that can go along with tenants and toilets.

3) Property ownership costs money.

It’s rare to see a building that’s been perfectly maintained. Most inherited houses need major improvements.

Consider hiring a professional property inspector to give you a detailed rundown on what you’ll need to do within the next five years, along with estimated costs. Surprises are very, very expensive. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

4) Selling a property for top dollar costs money.

If you don’t want to deal with making repairs, updating kitchens, improving landscaping and overall cleanup, don’t worry. We buy Louisville houses for cash, as-is. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

5) If the market will continue to grow faster than your other options, hang on to the investment.

We can help you analyze the value of your property today versus the long-term benefits of renting. If you can use the equity in your property in another way that outpaces the performance of the real estate market, you should. If you don’t have anything better to do with the money and the neighborhood is rising in value, hang on – real estate can be a great investment if you know how to correctly read the market.

6) Uncle Sam wants a piece of the action.Tax Inheritance

Don’t forget to discuss your inheritance with tax and legal professionals before you take action. There are major property and income tax consequences that will dramatically impact the cost of owning your investment. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

7) Consider all your options.

In certain situations we may be able to help you structure a lease-option agreement that allows you to rent and sell at the same time – capturing the best of both worlds. These kinds of deals can be complicated, but our Louisville investment experience can help you win.

8) Compare a few scenarios.

We’ll help you determine prices for any property near Louisville – if you sold it today without doing any work, the highest price the market will bear, and the projected value of keeping it as a rental (along with the costs). I Inherited a House, What To Do? – Should I Rent or Sell in Louisville? We Buy Houses.

Just call us today at (502) 631-9392 or contact us now for more information
on how we can make you a fair cash offer on your inherited house today!

 

Photo by Seneca Real

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Foreclosure Notice of Default in Kentucky – What Is It?

 

Foreclosure notice of default in Kentucky What is it

Foreclosure Notice of Default in Kentucky – What Is It?

If you’ve gotten a foreclosure notice of default in Kentucky and want to know what the heck is going on, keep reading.

Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure.

The foreclosure notice of default must be sent to anyone who has an interest in the property (any other loans, lenders, or even contractors who are owed money for work done to a property will get a copy).

The foreclosure notice of default must also be published in a newspaper and physically posted in a prominent place on the property itself.

Although this can be really embarrassing to someone going through foreclosure, it’s actually a very important protection for consumers.

Back before US law required a notice of default, people were sometimes foreclosed on without any warning.

In fact, it’s happened even in the past few years – at least one bank has accidentally foreclosed on the wrong property and kicked people out of their house without due process or warning. It’s even happened around Louisville. Foreclosure Notice of Default in Kentucky.

The notice of default is a very important step within the foreclosure process that gives people with an interest in the property to step forward and claim their rights – before it’s too late.

If you’ve received a notice of default, don’t wait. Time is definitely of the essence, and you should take action.

Foreclosure Notice of Default in Kentucky

 

Here are a few key steps you should take:

1) Stay calm and don’t panic.

This may sound obvious, but it’s probably the most important. Anyone in foreclosure is dealing with a lot of stress beyond just the property. These situations don’t happen overnight, and they take a while to solve. You’ll get through it by practicing good coping techniques and taking good care of yourself and your family. Panic leads to bad decisions, so stay cool.

2) Educate yourself.

Learn everything you can about the foreclosure process in your state so that you know what’s happening and what’s coming up next.

3) Gather your resources.

There’s also many non-profit and government resources available out there. You’ll want good legal and tax advice along the way. Definitely don’t try to do it all yourself. This stuff is super complicated with lots of rules.

4) Learn your options.

We’re here to help you avoid foreclosure. We buy houses with cash. We can help you with short sales and even rent-back situations so you (potentially) may be able to keep living in your home. There are many more options than you think.

5) Communicate.

The banks involved don’t want your property. They want money, and what you say matters a lot. You can slow down or stop the foreclosure process if you take the appropriate action.

Foreclosure Notice of Default in Kentucky.

Want to know more?

Call us anytime (502) 631-9392 or connect with us on our website
and we’ll lay out all of your options for your specific situation.

 

Photo by attorneyrobertflavell

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Help, I’m Behind In My Mortgage Payments In Louisville!

I’m Behind In My Mortgage Payments In Louisville

Behind on your mortgage? Read this article for a few tips on what you can to do prevent and avoid foreclosure

When you fall behind in your mortgage payments on your Louisville home, it can feel like you’re drowning in debt.

Even if you’re able to make your monthly payment, catching up on a past due balance can be an overwhelming challenge.

Help, I’m Behind In My Mortgage Payments In Louisville!

There’s a few options that can help you to avoid foreclosure in Louisville and maybe even keep your house, even if you’re seriously behind in payments. Lots of properties in Louisville have been lost to foreclosure, but there are many ways to avoid it.

1. Bankruptcy:

This is usually the tool of last resort. If you’re being crushed by lots of debt, bankruptcy can be a good way to negotiate with lots of lenders at once. It’s a lot of work, and it won’t help you avoid your mortgage. Different lenders will treat your circumstances in unique ways. You’d benefit from serious professional help – the best you can afford. I’m Behind In My Mortgage Payments In Louisville.

2. Reaffirm:

This can be a good card to play, but it may come with some unseen penalties. Basically, reaffirming the loan is an additional commitment to pay. In some states where it’s allowed, an affirmation can create additional liabilities if your property is auctioned. I’m Behind In My Mortgage Payments In Louisville.

3. Making Home Affordable (MFA):

If your mortgage qualifies, you might be able to participate in MHA. Any loans backed by Fannie Mae or Freddie Mac must be considered for MHA, and other lenders choose to participate in MFA.

With MFA, your payments and/or interest rates might be lowered – even the principal balance (if your home is worth less than you owe). If you’re unemployed, you might be able to get your payments temporarily suspended or reduced.

MFA is a government program, so be prepared to deal with lots of paperwork. It ain’t free money – you gotta work for it. I’m Behind In My Mortgage Payments In Louisville.

4. Negotiate with your bank:

Lots of lenders routinely offer some level of assistance. You have to work hard at it, but you might be able to get your interest rate reduced, or a temporary reduction in your payment. I’m Behind In My Mortgage Payments In Louisville.

Most of the time, lenders will want to steer you to refinance your loan – but by the time you’re a few payments behind, you probably don’t qualify for a reduction in interest rate.

You have to work really hard to negotiate with a bank. Usually it takes lots of calls and the patience of a saint to get through the bureaucracy. Never, ever act rude. Ask for help from everyone you speak with, but don’t sound desperate. Explain your situation, offer supporting documents, and reassure the bank that you want to live in your home for the long term.

If you’re in need of a temporary fix and want to stay in your home, most banks can be forgiving. Sometimes they’ll be willing to add a few months of payments back onto the primary balance of your loan. It’s all dollars and cents to them, so remind them that you need their help to give them a lot more money in the long run. If they have to sell your house at a foreclosure auction, they’ll take a huge loss. I’m Behind In My Mortgage Payments In Louisville.

That sounds obvious, but for some reason bankers seem to forget it when saying no to someone in need of help.

5. Borrow money from a private investor:

If you’re behind in your payments and need to sell fast, we can help.

In certain circumstances, we may even be able to help you stay in your home.

We work with homeowners in Louisville to find solutions to foreclosure problems.

We’ll let you know how we can help. I’m Behind In My Mortgage Payments In Louisville.

Give us a call now at (502) 631-9392 or
fill out the form on this website to get started.

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The State of the Market for Buyers in Louisville Kentucky

The State of the Market for Buyers in Louisville Kentucky

The State of the Market for Buyers in Louisville Kentucky

 

Is it still a buyer’s market today in Louisville?

As experts in the Louisville real estate market, we get asked this question a lot.

The answer isn’t as simple as yes or no.

First off, it really depends on the property type and location.

Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns.

 

The State of the Market for Buyers in Louisville

Buyers are often looking for the same thing – good neighborhoods, access to transportation, shopping, good schools, close to work, etc. Properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market.

But for condos and townhouses – especially those a little off the beaten path, or with some funky features – it can be quite a different story. Prices were down in certain areas of Louisville, but seem to be rebounding as the rental market increases.

Investment properties are in demand. The massive amounts of foreign cash flooding in to invest in US real estate have impacted the Kentucky market in unique ways.

Overall, those people in a position to pay cash for properties have been picking up the good deals in the marketplace.

Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out.

The State of the Market for Buyers in Louisville Kentucky

Financing is still a major obstacle for buyers. Banks are being incredibly strict, requiring lots of money down and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago.

Overall the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle.

Sound confusing? It is. But We Can Help.

There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once.

We’re investing in Louisville because we believe in the community and the people here.

If you need to sell a property near Louisville, we can help you.

We buy properties like yours from people who need to sell fast. The State of the Market for Buyers in Louisville.

Give us a call anytime (502) 631-9392 or fill out the form 
over here today if you’re looking to sell a Louisville house fast!

 

Photo by MiCasa Realty

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