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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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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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Sell My House for Cash

 

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.

 

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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!

 

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What is a Pre-Foreclosure in Louisville?

What is a Pre-Foreclosure in Louisville

What is a Pre-Foreclosure in Louisville?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process.

So what is a pre-foreclosure in Louisville anyway?

Many homeowners across America and Louisville are facing difficulties making their monthly mortgage payments.

When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying the homeowner to pay or lose their home. This period is known as “pre-foreclosure.”

Banks and mortgage lenders typically provide three months for the homeowner to become current.  Of course this number can vary by bank and situation sometimes.

If a homeowner fails to make the necessary payments, the bank will foreclose on the home, assuming ownership, and evict the homeowner. Thankfully, during this stage of the foreclosure process, a mortgage holder has the opportunity to take advantage of several options to prevent losing their home. What is a Pre-Foreclosure in Louisville.

Pre-foreclosure Options for Borrowers

If you’re behind on mortgage payments, you’re likely to receive a “notice of default” from your mortgage lender.

This document will state that you have not made mortgage payments for the last 90-180 days. It’s important not to panic.

You have options that can delay or even prevent losing your home:

  • If your mortgage is “above water,” (meaning you have equity in your house) you may be able to refinance your mortgage, receiving lower monthly payments.  Check with your local Louisville mortgage broker… or contact us and we can connect you with a reputable one.
  • You may be able to quickly sell your home to a real estate investor that’s reputable in Louisville like us at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, using the cash acquired to pay the months of back-payments owed (or we *may* be able to work out something with the lender that relieves all or part of your back payments.We can buy your Louisville Kentucky area home quickly, often in just a week or two, will pay in cash, and takes the stress out of trying to find a buyer.
  • You can contact the bank and ask them to permit a short sale. In a short sale, you’ll sell your home for less than it’s worth, and the bank will take the loss as a tax write-off.  In some short sales you may still be required to pay the difference to the bank if the house doesn’t sell for what is owed on the loan.
  • You may be able to declare bankruptcy, which can buy you time to pay your debt. Bankruptcy will remain on your credit report for years, and can cause significant damage.

Lenders are very much aware of the widespread financial troubles across the country and they’re willing to work with borrowers a lot of the time. What is a Pre-Foreclosure in Louisville.

If you’re honest and communicate with your lender, you’ll often find that there are options that will allow you to remain in your home, or at least salvage your credit rating. What is a Pre-Foreclosure in Louisville.

A foreclosure can often negatively affect your credit score by 200-400 points and can prevent you from obtaining a loan of any sort for 5-7 years, so be very dutiful if you’ve received a Notice of Default from your lender.

But if you’re not able to find a solution with your lender working directly with them… connect with us. We may be able to help. What is a Pre-Foreclosure in Louisville.

Ways We Can Help If You’re In Pre-Foreclosure

  • We can potentially help with a short sale – Submit your info on this website so we can evaluate your situation to see if we can help.
  • We can buy your Louisville area houseWe buy houses in Louisville and would love to make you an all-cash offer on your house too. Just fill out the form here to get started >>
  • You can ask us questions and we can provide you FREE guidance and resources so you can make a well educated decision. This costs you nothing, there’s absolutely no pressure, no obligation… just free guidance without a catch.

If you’re in the pre-foreclosure stage… you’ve still got time to fix this situation.

Just connect with your bank to see if they’re willing to work with you… or contact us if you’d like to see what we can buy your house for or to tap into our free foreclosure resources. What is a Pre-Foreclosure in Louisville.

Want To Discuss Your Pre-Foreclosure Options? Call Us at (502) 631-9392
Or, Submit Your Info Here To Get A Cash Offer On Your House >>

 

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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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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! >>

 

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What Do I Need to Do to Sell my House in Louisville KY?

Sell My House In Louisville KY

Sell My House In Louisville KY

You want to sell your Louisville KY house, and you want to get top dollar. Sell My House In Louisville KY.

Excellent!

But “What do I need to do to sell my house in Louisville KY”?

Here are some tips on how to get your home ready to sell if you’re looking for top dollar that the market will bear:

*NOTE: These instructions are if you’re looking to get full retail value for your house sale.  However, if you don’t want to do the things below… or don’t have the time or money to do the things below… you can still sell your Louisville house fast for a fair value in a win-win sale that’ll save you time and expense. Sell My House In Louisville KY.

1) Clean, clean and clean. Even vacant houses get dusty and dirty, so keep it up! Nothing short of gleaming perfection will impress buyers. If you’re not a total clean freak, hire someone who is to help you out until you sell. Sell My House In Louisville KY.

If you’re a slob, consider finding somewhere else to live while you show your house. Maybe you can bribe your cleanest friend to trade houses with you? Seriously, keeping everything immaculate really helps buyers feel comfortable in your space. Nothing stops people faster from buying faster than feeling grossed out.

2) Cultivate a cohesive, neutral style. You don’t have to paint everything off-white. In fact, some subtle colors can really help change the perception of spaces – for example, a soft yellow will help brighten up a dark kitchen, while a deep dark blue or green will help a bright bedroom to feel like a calm place to sleep (but be careful, dark colors will also make rooms feel small).

Spend the money to get high-quality paint and professional help. Subconsciously people will pay more money for a property with just the right colors and very neat lines – it makes the home feel better built, even though it’s just paint.

Optical illusions are real, and psychologists study this stuff. Don’t believe me?

Look it up. And don’t neglect the outside and just do the inside, or anything else that’s unbalanced.

Sell My House In Louisville KY.

3) Fix or replace anything that’s broken. Yeah, it might feel like a waste of money to spend an extra couple hundred bucks on a dishwasher that someone else might just pull out and replace again. But really, quite a few buyers will get a home inspection and use the opportunity to negotiate with you. As the seller, you’ll often end up paying more if you try to hide neglected maintenance from the purchaser – and of course you don’t want to be guilty of fraud.

Make sure you stay in compliance with all the laws.

It’s often a good use of money to hire a home inspector to come through before you put the property on the market. If you ask in advance, they’ll often charge you a tiny rate to come back after you’ve done a bunch of minor repairs and deliver you a clean bill of health. Prospective buyers love to see an independent report on the condition of the house – it makes them feel very comfortable with the purchase. Sell My House In Louisville KY.

4) Make only necessary improvements. The biggest mistake people make when getting their house ready to sell is over-improving. They often spend too much money on customized frills that can’t be recovered in the sale.

Paint is about the only safe investment – it’s easy to overspend on almost everything else, and it’s easy to get ripped off by unscrupulous contractors.

It’s important to know what improvements will produce a return on investment to avoid wasting money.

5) Get expert opinions. You should definitely find at least a few decent real estate brokers who will help you price your property, but be honest with them. If you’re going to market the property on your own, don’t make enemies by lying about your intentions. Great brokers are rare, but they make more money for their clients than they earn.

6) Have a really great marketing plan. Again, great brokers earn their value by doing this work and spreading the advertising expenses across many clients. It’s pretty expensive and time-consuming to start from scratch on your own, but if you’re already a marketing expert you’re ahead of the pack.

If you’re not, spend the time listening to what the best brokers do to sell houses in Louisville – just to educate yourself on the options.

7) Get a cash offer. We buy houses all over the Louisville area, and we do all the work so you don’t have to deal with any of this stuff. Sell My House In Louisville KY.
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Don’t Want To Do The Things Above Yourself? But Still Want To Sell Your Louisville KY House Fast?

While everyone wants to get as much as they possibly can from their house sale… not everyone can do the things or wants to do the things required to sell it at full retail value to an end buyer. Sell My House In Louisville KY.

Sell My House In Louisville KYDoing the repairs, cleaning the property up, upgrading the property, marketing the property… those all take money and can take lots of time.

If you have the funds to do these things…AND you can wait the 3-9 months it takes to sell houses in this market… then you’ll be better off financially to do those things then list it on the MLS (the main property listing service that real estate agents use).

If you don’t have the funds to do these things…AND can’t wait months to sell your house… then you may be a perfect fit for our local Louisville house buying service. You’ll submit basic info about your house over here on our website, we’ll evaluate your house, we’ll make you a fair all-cash offer on your house, and you can decide if it’s a fit for you.

Then we can close FAST (often times within 7 days) if you need us to. Sell My House In Louisville KY.

Take a look at what we’ll pay you not to do anything versus the time, expense and hassle involved with doing it on your own.

So if you’re still asking “what do I need to do to sell my house in Louisville“… now you have 2 solid options.

Either…

  1. Fix the property up and get it all nice and ready with the steps above to sell it at top dollar
  2. Let us do all of the work and we’ll make you a cash offer on your house in AS-IS condition. This saves you time, money, and gets the hassle off of your hands.

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. Sell My House In Louisville KY. We Buy Houses Louisville.

We’d like to make you a fair offer on your Louisville house

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

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