4 Mistakes You Should Avoid When Listing With An Agent In Louisville

Selling your Louisville house through an agent? Make sure you read this blog post that reveals 4 mistakes you should avoid when listing when an agent in Louisville…

If you’re looking to sell your Louisville house, or if you’re an agent who is selling houses in Louisville then here are 4 mistakes you should avoid when listing when an agent in Louisville…

First, Don’t Assume That You Can Sell Right Away

The market varies and can even shift from one day to the next, depending on a number of factors. So make sure you set realistic timelines about how long it will take to sell.

If you are a seller, assume it will take months for the sales process to be completed – from fixing up the house to showing buyers to negotiating to setting a closing date to moving out. If you are an agent, be careful not to over-promise a timeline to your sellers – set their expectations.

Second, Don’t Assume That The Asking Price Will Be The Selling Price

Mistakes you should avoid when listing with an agentThe asking price is the starting point in the sales process – it establishes what a seller wants to sell for.

If you are a seller, realize that the actual selling price might be different than the asking price. If you’re an agent, make sure you explain this to your sellers.

Third, Don’t Assume All The Money Goes Right Into Your Pocket

Some people make the mistake of assuming that the selling price (minus anything they owe on their mortgage) is pure profit. But this is not true.

If you are a seller, make sure you know that there will be agent commissions, closing costs, and other fees you’ll have to pay. If you’re a real estate agent, make sure you explain to your customers.

Fourth, Don’t Assume That The First Offer Will Go Through

Buyers often make offers and then discover that they can’t get financing for some reason.

If you are a seller, be prepared to have one or two buyers fall through before a buyer can be found. If you’re a real estate agent, prepare your sellers ahead of time by explaining this so they can be ready in case it happens.

Summary

Whether you’re a property owner looking to sell, or you’re a real estate agent who is representing sellers, these are 4 common mistakes that can happen during the sales process – so make sure you’re aware of them.

Are you thinking about selling? Are you an agent who is representing sellers?

We are real estate professionals who would love to connect with you and see how we can work together for a win/win scenario. Call our office at (502) 221-3832 or click here now and get in touch by filling out the form.

Can a house be sold while in probate in Louisville ?

selling a house while in probate in Louisville ?

Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not.

Whatever is the situation, the property is reassigned to the heirs with the court of law, and this extensive thorough process is known as probate.

Sometimes a question arises, “can a house be sold while in probate in Louisville ?“, and the answer is that it can be sold if simple steps are followed. As real estate investors in Louisville , Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 advises sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property on probate period in Louisville.

As real estate investors in Louisville , Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 advises sellers to go through the following steps and also suggests other investors check the procedures when buying property in probate in Louisville.

Can a house be sold while in probate in Louisville, ? Yes, but make sure to follow these steps first!

Property Appraisal

With the help of the independent certified appraiser, a property can be appraised. You can very easily look for an appraiser in the local phone book or by contacting a real estate agent for their recommendations.

So, as real estate investors, we look for buying property on probate in Louisville that has already sought property appraisal.

Obtain the Petition

When you are in the process of selling the property during the probate period you have to seek probation from the court. So fill out the petition form and provide all the details related to the sale of the property in Louisville along with mentioning the methods of sale.

Then with the help of the independent appraisal, fill out the form and wait for the approval from the court.

An investor only buys the property that has already completed the procedure of obtaining the petition, and we do look into the fact that the seller has gone through the process of obtaining the petition.

Place your Property for Sale

Next step is placing your property on sale. Be sure to inform the buyer about the matter that the property will be sold only after confirmation from the court as it is on probate. All real investors only buy the property that is on sale after seeking court petition. If your property matches these conditions then we might be able to take it off your hands.

Fill out the form to see if your Louisville property qualifies for a quick all cash offer.

Seek the Court for Confirmation

As a buyer, you have to seek the court for confirmation to confirm the sale of your property in Louisville. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make arrangement and take 10 percent of the price from the buyer before the date of hearing from the court. As investors ourselves we tend to ensure the fact that the seller seeks the court for the confirmation soon.

Advertise in Local Newspapers

Inform about the sale and advertise it in local newspapers. This is done so that the public is informed about the property sale during probate period. It also allows open bidding for the other interested people so that the property gets the best price. So if you are seeking to buy property on probate period in Louisville, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers.

Attend the Hearing

Attend the hearing of the court. This is the place where bids are done and buyers and real estate investors come for bidding. After the final agreement is done the cashier’s check is given to court after the bid is confirmed. If there is a new buyer, refund the money of the previous buyer and take the deposit of the buyer after the confirmation has been given by the court… We tend to always pay some money as a deposit of the original price, to the court after the contract has been confirmed.

After this, you can complete the contract with the buyer after the above-written steps. Real investors look for property that follows all the procedures and abides by the rules of the court.

If you’re looking for a REAL investor to buy your property in Louisville, then we can help.

Fill out this form or give us a call at (502) 221-3832 for a Fair Cash Offer

 

 

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Sell A House For Cash In Louisville – Advantages Of Working With Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392

Do you want to sell a house for cash in Louisville ?

If so, read the rest of this article to learn about our local home buying program here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 and how it works.

Here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we’re an established home buying company based in Kentucky. If you’d rather connect with us over the phone and talk about our local home buying program, give us a call! You can reach us at (502) 221-3832.

Here are a few of the advantages of working with us to sell your local Louisville house fast.

Advantages of Working With A Professional Home Buying Company When You Sell A House For Cash In Louisville

You have a few options when you sell your house here in our local market.

You can sell the house yourself, list it with an agent, or sell it to a reputable professional home buyer like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392.

Here are a few of the advantages of working with a local professional home buying service.

  • Convenience of the sale – Our company will buy your house “as is”, meaning you will not need to spend more money for repairs, you won’t need to fix it up, or worry about making it “pretty” for a showing. The sale will be on the timeline you pick (we can close in as little as 7 days) and have cash in your hand immediately.
  • Avoid traditional buyer loan complications – When you sell a house for cash in Louisville through our “cash for houses” program, you avoid the complications that come with a traditional home buyers loan application. Your buyer may not get the loan approval when it was anticipated or they may change their mind altogether. Since Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 and our local partners use our own cash to buy houses, we can close quickly and aren’t at the mercy of banks. This means a faster closing with less hassle than going the traditional route.
  • Speed of the sale – In many occasions, when we work with local home owners who need to sell a house for cash in Louisville, they don’t have the luxury of waiting 6+ months to sell. It may be foreclosure, financial difficulty or even bankruptcy to cause sellers to look for a speedy process that will alleviate these problems. Once you accept the cash offer, we can close on the timeline that you want.

Need To Sell A House For Cash In ?
Get A Fast, Fair No Obligation Cash Offer Today!

Louisville area home owners work with us for many reasons including convenience, speed and less hassle than the traditional “list it with an agent” route.

For more information on how you can sell your house quickly for cash in Louisville , call us today at (502) 221-3832 and one of our local representatives will assist you with a cash offer at hand or you can simply fill out our online form and we shall get back to you promptly.

How To Sell A House Off Market In Louisville Without A Real Estate Agent

In this blog post you’ll learn our best 3 tips about how to sell a House off market in Louisville without a real estate agent.

When it comes to selling your house, you have 2 options….

The first option is to sell your house through a real estate agent. This way can be expensive since the agent will charge you a commission for their services – and that commission can be anywhere from 5% of the sale price or higher (often thousands of dollars).

The second option is to sell your house without a real estate agent. This way can be much cheaper, since you won’t have to pay an agent thousands of dollars in commission – that’s money that stays in your pocket.

Here are 3 tips about how to sell a House off market in Louisville without a real estate agent:

Sell A House Off Market – Tip #1: Clean Up The House

The more “ready-to-live-in” your house is, the higher price you might be able to get for your house. So this might involve some cleaning up or even fixing up. If there are renovations that you’ve started, you might want to hire a contractor to finish them. Maybe the roof needs to be reshingled. Perhaps you should paint your house.

Sell A House Off Market – Tip #2: Tell Everyone!

Next, tell everyone you know that you’re selling your house. Post about it on Facebook. Find a local “For Sale By Owner” (FSBO) website or newspaper and post there. Put up flyers at the grocery store. In other words: Just tell everyone you can… and ask them to tell everyone they can.

Sell A House Off Market – Tip #3: Be Prepared To Show Your House

People will want to come through your house to look at it and decide whether or not to buy. Be prepared to show your house – morning, noon, or night. It can be quite time consuming but just keep remembering all that money you’ll save!

Did you know there’s a way to sell that’s even easier?

It can be expensive and time consuming to sell a house this way. Fortunately, you can skip the costs and effort of cleaning up and fixing up your house, and you don’t even have to show you house to anyone, or wait months while you try to find a buyer! You can sell your house directly to us at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, as quickly as you want! Save thousands of dollars in repairs and bills, and skip all the waiting and hassle. Just call our office at (502) 221-3832 and tell us about the property or click here now and tell us how quickly you want to sell. We’ll give you a fair all-cash offer to buy your house as quickly as you’d like.

What happens when you inherit a house in ?

Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in ? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be a demanding task, but definitely not impossible! With the right information and assistance from Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, you should have no problems selling your inherited house. So where does the difficulty come from selling an inherited house in ?

Exactly what happens when you inherit a house in ?

There are a number of factors that should be taken into consideration when planning to sell an inherited house in . Some of these factors include…

• Dealing with the emotional aspect of selling a loved one’s home
• The financial cost of making the necessary updates intended to attract buyers
• Dealing with potential costly liens and other hidden challenges

First thing, get ready for a rollercoaster of emotions

Selling a loved one’s house can be such an emotionally draining activity… This really cannot be stressed enough. The activity may involve removing his or her stuff, depersonalizing everything even more.

When our emotions get carried away, we often don’t make the best business decisions. Times like that are when you need people with experience buying and selling probate homes in to help walk you calmly through the whole process.

Negotiating and managing the selling process

And other times, one might have to deal with expensive liens or other problems that don’t become apparent right away. Regarding these things, disagreements among your siblings might arise about the selling price of the house.

Apart from that, you will have to meet the financial cost needed for making the required updates to make potential buyers aware of and (hopefully) interested in your inherited house. There are also legal and taxation aspects of the sale that you must understand to make the sale successful.

These are the major problems that potential inherited house sellers have to deal with. Unless you are a professional in this area, the process can be tiring and daunting.

Now you know what happens when you inherit a house in . This explains why you need to seek the help of real estate professionals who have had experience helping people sell their inherited houses. If you are considering selling your inherited house now or in the next few days or months, then you are better off speaking to one of our real estate experts. He or she will come in handy extremely to help make the process as simplified as possible. Give Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 a call now at (502) 221-3832.

As a matter of fact, some of our real estate investors will be more than willing to buy your house if it meets their expectations.

We’ll Buy Your Inherited House In 7 Days Or Less:
Fill out the short form OVER HERE to see if your house qualifies.

Cash For Homes In Louisville – The Latest Trend We’re Seeing

we pay cash for homes in Louisville

You may have seen a lot of ads or websites around saying “We pay cash for homes in Louisville!

As one of the area’s most respected cash home buyers, here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 we wanted to dive in and write an article on what these types of companies can do for a local home seller, and how it works.

Do you want to relocate, but are still struggling to sell your home? Are you tired of waiting and feel like you are about ready to give up? Going through a divorce, bankruptcy, foreclosure, inherited a house, loss of a job, or any other reason that is putting you in a bind and making having that house on your hands a burden for you and your family?

This is where the “Cash for homes in Louisville  type of services may be able to help you.

What Does The Whole “Cash For Homes” Thing Mean?

At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, our cash for homes in Louisville program is simple.

Other companies in may offer a similar program… often with small differences.

The main differences between one “cash for home” company and another are…

  • The amount they’ll pay for your house
  • Their history and credibility in helping local Louisville home owners
  • Whether they’ll pay the closing costs or not (we usually pay all closing costs)
  • How fast they can close on your house (we can close in as little as 7 days, or whatever timeline works for you)
  • What they do with the house after they buy it

Some cash for homes companies fix up the houses and sell them to happy new home owners, others work with local companies that will take the house from there and do the work.

Either way, a company that says “cash for houses” in or around Louisville simply offers a service as an alternative to you listing your house with a real estate agent or selling it yourself.

Our Local Louisville Cash For Homes Program – How It Works

With Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, our process works like this

  1. Fill out the short form on this site or give us a call at (502) 221-3832. This helps us learn basic info about your house so we can make an educated and fair offer on your house. Many “cash for houses” or “we buy houses” companies throw out low ball offers without learning about your house. We try to learn as much as we can about your house and your situation so we can make sure our offer is the highest possible price we can pay for your house, and a fair offer for everyone.
  2. Take as much time as you need to see if the offer is right for you. There are no hassles when working with us. We make you a fair offer, you can then take that offer and talk to people you trust, shop it around, whatever. We never want to do a transaction unless it’s an absolute fit.
  3. We draw up the paperwork and handle everything from start to finish. You just have to show up at closing on the date of your choice, and sign the paperwork.
  4. You get cash in your hand quickly, rather than waiting months and months selling the traditional route.

Give Us A Try! See How Our Fair Offer On Your Louisville Area House Stacks Up! Start Below…

Step 1: Give us a call at (502) 221-3832 or fill out the short form on this website

Step 2: We’ll connect with you with your offer and to discuss the options

Step 3: Make a well educated decision on what your best option is.

Go fill out the form on this website and let us know if you have any questions!

Should I Hire A Real Estate Agent To Sell My Home In Louisville Or Sell To An Investor?

Are you thinking about selling your house? Perhaps you’re weighing the pros and cons of how to sell and wondering, “Should I Hire A Real Estate Agent To Sell My Home In Louisville Or Sell To An Investor?” If so then this blog post is for you! (It also applies to anyone looking to sell a house in zipcode or surrounding area)…

Selling a house is a big, complex decision, so you’re smart to be thinking through all the steps of the process.

Should I Hire A Real Estate Agent To Sell My Home In Louisville Or Sell To An Investor?

Pros And Cons Of Working With An Agent

Pros:

  • The agent has probably done this before so they know the process
  • You won’t have to do the actual negotiating – the agent will take care of that for you
  • The agent will guide you step-by-step
  • You might get a price closer to your asking price

Cons:

  • You’ll have to pay to fix up your house
  • You’ll have to clean up your house
  • You’ll have to wait while an agent shows your house to buyers – this could take months
  • … which means you’ll have to pay bills, taxes, and insurance on the property the whole time the house is being shown
  • You’ll have to pay the agent’s commissions
  • You might not get a price closer to your asking price

Should I Hire A Real Estate Agent To Sell My Home In Louisville Or Sell To An Investor?

Pros And Cons Of Working With An Investor

Pros:

  • The investor will have done this often and knows what they are doing
  • You’ll know exactly what the offer is right away – there’s no guesswork or gambling on the market
  • You don’t have to pay to fix up your house
  • You don’t have to clean up your house
  • You don’t have to wait months
  • … which means you don’t have to pay bills, taxes, and insurance on the property that whole time
  • You don’t have any commissions or fees to pay

Cons:

  • You might not get “market price” for your house – an investor may pay less

Which Is Better For You?

For many property owners it comes down to just a few simple questions:

  1. How soon do you want to sell?
  2. Would you rather gamble and see IF you can get market price (but pay more in bills) or know right away exactly how much you’ll get (and save money in all those expenses)?

When you answer those questions then you’ll discover the answer to your question, “Should I Hire A Real Estate Agent To Sell My Home In Louisville Or Sell To An Investor?

Ready To Sell Soon?

If you’re thinking of selling and have questions about the process or to see how much we can offer for your property, just reach out to us and let us know about the house and we’ll see how we can help – we might be able to give you a cash offer to buy your house right away or we might be connected you with a great real estate agent that we know and work with. Just call us at (502) 221-3832 or click here now and fill out the form and we’ll get back to you right away.

Cash House Buyers In Louisville Tips – Do I Need To Make Repairs To My House?

The quick answer to that question is no.

We are local cash house buyers in Louisville and work with local home owners who need to sell fast.  The home owners we’ve worked with come to us with all kinds of reasons for needing to sell fast.

But one of those is that the house is rundown and in dis-repair and they just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent.

But here’s the “official” reason we’ll buy a house in any condition in and around the Louisville market (including other cities in ).

Why Cash House Buyers In Louisville Will Buy A House “As-Is”

Since we buy houses with cash and don’t need to get bank approval… we have the flexibility to buy local houses in any condition.

Normally traditional banks won’t finance a house if it’s in disrepair.

They see it as a risk and won’t lend on the normal “fixer upper” house.

That leaves a lot of home owners in our area without a good option to sell the house because 95% of the buyer pool has to get a traditional loan to buy a house.

That’s where we come in.

Here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we are cash house buyers in Louisville. Our business model is to help homeowners who need to sell a house fast (especially houses that need work) by buying your house for cash… then us and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new home owner.

We pay for all of the repairs.

We pay for the closing costs.

We do all of the work, so you don’t have to.

Our goal is to make the whole process no hassle for you, so you can move on with your life and put this house behind you.

We Buy Houses In Louisville In Any Condition, Give Us A Try! Call Us At (502) 221-3832 To Get A Fast-Fair Offer On Your House Today!

Or, Fill Out This Short Form To Get Your Fair Cash Offer >> 

Tax consequences when selling a house I inherited in Louisville

Inheriting a home is a pretty sweet experience, yet bitter at the same time… You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. So you may tend to ask yourself at this point “what are the tax consequences when selling a house I inherited in Louisville ?” The tax laws have been designed in a way they will not add any more burden unto you upon inheriting the property. This implies that the financial consequences are less daunting than what you would expect, which is good news for you. 🙂

tax consequences when selling your Louisville house in you inherited

Tax Consequences when selling a house I inherited in Louisville,

Calculation of basis
In order to comprehend how you’ll be taxed having inherited a home, you need to know how basis is calculated. Basis, in this case, refers to the asset cost for purpose of the calculation of capital gains along other taxes. When a person dies, the value or basis of their property in Louisville is increased to the market value as at the time of their death. For instance, if a person purchased a home 20 years ago for $25,000 but it was worth $100,000 at the time of their death, that property would be valued at the latter amount for the purpose of calculating capital gains.

Taxation of gains/losses

Capital gains or losses refer to what you earn from selling property that you use for either personal or investment purposes. Such can be houses, furniture and many more things. If you decide to sell an inherited home in Louisville, that sale is regarded as capital gain or loss for the purpose of income tax. In most cases, for you to qualify for lower rates of long-term capital gains, you are required to have held that property for at least a year. However long the duration you have been in ownership of an inherited home, any gain or loss will still be treated as long-term.

Reporting the sale

Upon selling an inherited home, you have to report it for the income tax purposes. You should first calculate your capital gain or loss. This is done by subtracting the basis from the sale amount. You should then report that amount to the necessary authorities.

Having an inherited home can be stressing given the fact that you have new property to take care of and pay taxes for it at the same time… You should go through the probate process in Louisville as the first step to selling your home. The court will then authorize you to proceed as you wish. If there are any other individuals involved in the inheritance, you should first agree with each other on that decision. You can then file a petition requesting the court to allow you to sell the property.

You should then consider how much tax you are to pay. This will be paid against the capital gains or losses resulting from the sale of the house. You can call Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 now at (502) 221-3832 to undertake a smooth and legitimate sale of your home. We are local here in Louisville and we know the market here better than anyone else. If you are still asking yourself what are the tax consequences when selling a house I inherited in Louisville, then we would be happy to discuss it with you in more detail.

Selling an inherited house can relieve you of quite a burden. In addition to that, selling the property to an investor is a basic simple and fast process. Contact us for inquiries on how to go about things when selling your home in Louisville and we will be glad to help you.

Just fill out the form through this link to get a FAST FAIR
Cash Offer On Your House >>

How Long Does It Take To Sell My House With An Agent Vs An Investor?

Sometimes you need to sell your house fast. Sometimes it doesn’t matter. If you find yourself pressed for time and wondering “how long does it take to sell my house with an agent vs an investor?” then this blog post will guide you through the answer…

You want to sell your house, and perhaps you need to sell in a hurry. Chances are, you arrived at this blog post because you’re hoping to find the best solution for you that sells your house as quickly as YOU want.

Before we get to the answer, it’s important to understand the difference between what an agent does and what an investor does:

When you sell your house with an agent, you are asking the agent to represent you in a sale and to try and find a buyer on your behalf. In other words, you’re selling THROUGH an agent to a buyer.

When you sell your house with an investor, you are actually working directly with the one who will be buying the house. In other words, you’re selling TO an investor (they are the buyer).

Now that you understand the difference, here’s how long it can take…

How Long Does It Take To Sell My House With An Agent Vs An Investor?

The Agent…

An agent needs to show your house to prospective buyers and try to convince them to buy. Therefore, they’ll want your house to be in pristine condition, and then they need to find as many prospective buyers as they can to show your house to.

Therefore, it can take weeks or months for you to fix up your house before an agent feels that it’s ready to list. And once the agent lists it, it can take months for the agent to find buyers to show your house to, and for one of those buyers to make an offer (on average, it can take 3-6 months… sometimes as long as 12 months for this to happen). And what people don’t realize is: if the buyer can’t get financing or gets cold feet in the deal then they can back out and you go through the process again.

Therefore, it can take months to sell your house through an agent – it all depends on how quickly you can get your house in “showroom condition” and how quickly they can find a buyer and whether the buyer goes through with the purchase.

How Long Does It Take To Sell My House With An Agent Vs An Investor?

The Investor…

How Long Does It Take To Sell My House to an investorThis part surprises most people: an investor can buy your house very fast – some investors can even buy in as little as 7-10 days if that’s what you want. That’s because the investor is the buyer (so no showings are necessary) and many investors (including us here at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392) buy houses in any condition so you don’t have to fix up the property either.

So, should you sell through an agent or sell to an investor? That’s up to you. An investor is faster so if speed is important to you then you may want to think about selling to an investor.

Want more information about selling?

Great! We’re here to help. Whether you need to sell fast or just want to understand the process a bit more, get in touch by calling (502) 221-3832 or by clicking here and entering your information and we’ll gladly spend the time talking to you about the house-selling process for your situation.