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I’m Relocating and Need to Sell my House in Louisville

Relocating and Need to Sell My-House in Louisville

I’m Relocating and Need to Sell my House in Louisville

Relocating And Need To Sell My House In Louisville

Relocation is a complicated exercise in coordination. We get local Louisville home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Louisville“.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Louisville Kentucky right now!).

There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.

So how do you make the most out of a difficult situation?

Don’t agonize – organize.

Relocating Need to Sell Louisville House Fast

You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.

Although the market is relatively stable right now in Louisville, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.

So how do you make the right choices when you’re relocating and need to sell your Louisville KY house fast?

Relocating And Need To Sell My House In Louisville Fast… Your Options And Steps

First…

  1. Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property.  Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
  2. Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
  3. Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money.  Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
  4. Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house.  The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).  Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money.  That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
  5. Take action!: Whatever you decide… decide and take action.  If you want to go the real estate agent route, great! Find a reputable local Louisville Kentucky agent.  If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂

If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.

Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.

You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.

In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.

In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.

We love helping people solve complicated problems.

Creative solutions can bridge the gap to get you where you need to be.

Who Is Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 And How Can We Help You If You’re Relocating And Need To Sell In Louisville?

We’re investors. We support our families and beautify neighborhoods by buying houses from Louisville home owners who need to sell fast for one reason or another.

The types of sellers who tend to work with us include people who…

  • Need to sell fast (we can close in as little as 7 days if you need us to)
  • Don’t want to hassle with listing a property with an agent
  • Don’t want to pay real estate agent fees
  • Can’t sell their house for one reason or another (we buy houses in as-is condition)
  • … or a variety of other reasons

But we’re passionate people, and we believe in the Louisville community.

We’re honest and straightforward.

We’ll quote you a fair price, and we can close fast with cash.

If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.

We’re happy to help you find answers to your toughest questions about your Louisville real estate, so please feel free to call us at (502) 221-3832 and chat with us anytime.

 

Photo by  veterinairebellevue

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Foreclosure Scams Louisville – Beware Of Scams Like These

avoid foreclosure scams

Foreclosure Scams Louisville – Beware Of Scams Like These

 

Foreclosure Scams Louisville

As you now, foreclosures over the past 5 years have been at record levels.  Just like with anything, when there’s an opportunity or when there’s people in pain… the dishonest and unscrupulous people in the world tend to come out of the dark shadows to prey on home owners who don’t know any better.

Foreclosure scams Louisville have even picked up in recent years.

We’ve been working with home owners for some time now, in fact we talk with home owners in foreclosure every single week.  You should hear some of the stories we’ve heard of people in foreclosure being taken advantage of by scam artists proclaiming to be reputable “real estate investors”. Foreclosure Scams Louisville.

Not All “We Buy Houses” Companies Are Created Equal

You’ve seen those signs that say “We Buy Houses Louisville“… or websites like ours that mention the phrase.  Yes, we buy houses in Louisville and I’ll walk you through how to spot potential scams vs. reputable house buyers in our area. Foreclosure Scams Louisville.

As a quick summary… there are companies out there that buy houses from people who need to sell.  But, in some cases… that’s where the similarities from the scam investors and legitimate companies with great reputations like us stop.

In this article I’m going to walk you through some of the ways a small percentage of people try to take advantage of home owners like you.  Foreclosure scams Louisville

This is meant to be a “consumer awareness” guide to help you spot the companies to avoid and pinpoint the “we buy houses” companies that you can trust (because the majority of home buyers are great people with great integrity… it’s those few bad apples that ruin it for everyone else.)

Some Tips and Warning Signs That You May Be Stepping Into A Scam When In Foreclosure

Foreclosure scams LouisvilleIf you’re in foreclosure and are looking for a solution to avoid foreclosure and get foreclosure help in Louisville, here are some “solutions” some less than honest companies may offer up.

Charge Upfront Fees To Get Mortgage Assistance From Your Lender – As Fannie Mae says, help is free.  Some companies will try to charge you for talking with your lender about your mortgage to find a solution. Don’t fall for this.  You can talk with your lender about the mortgage and your options anytime with no charge, or work with a company who will do your loan counseling for you for free. Foreclosure Scams Louisville

Signing Over The Deed To Your Home To “Save” Your House – This sounds backwards from the start. Some unsavory companies may tell you that you can sign over the deed to your house (essentially giving up ownership) to save your house. As Fannie Mae says, never sign over the deed to your house unless you’re working with your mortgage company to forgive your debt… or unless you’re physically selling your house to that company.  If that’s the case, ask the company to do everything at a reputable title company so everything is on the up and up (always consult legal advice before ever signing over your deed). Foreclosure Scams Louisville.

Don’t Unknowingly Give Up Ownership To Your Home – Some ways scammers have targeted home owners is by telling home owners they’ll pay off their mortgage.  With these scammers they hide clauses in the paperwork that sometimes gives up your ownership rights to the house and transfers them to the scammers.  A reputable company will be fully transparent, no hidden clauses, and everything will be known before any documents are signed.  But same as above, always consult your own expert to review any paperwork before you sign anything… even when working with a very reputable company… just so all of the “i”s are dotted and “t”s crossed. Foreclosure Scams Louisville.

Try To Say You Don’t Need A Title Company or Other Professionals In Selling Your Home – Selling your house, whether you’re in foreclosure or just need to sell quickly, should be done with the help of certain professional services.  With every house we buy, we always use a neutral 3rd party Title Company to handle the closing, drawing up the closing documents, and all related paperwork.  It instills confidence with the house seller and it makes sure there’s no funny business on either side of the transaction. If a house buyer says you’re going to do a “kitchen table closing” (actually signing all of the papers in your house) rather than a title company or attorneys office… ask why.  Kitchen table closings can work, but using a title company or attorneys office helps protect both sides and makes sure things are done right.

The Mortgage Payment Scam – Some scammers have pulled a scam where they instruct the home owner to pay mortgage payments to them (rather than the bank directly) and the scammer will then “handle paying the bank”.  In no circumstances should you do this unless you get your mortgage company’s approval in writing. Some of these scammers will then pocket your payments and not pay the mortgage company at all… harming your credit and causing you to be worse off then before.

We Buy Houses In Foreclosure. We Buy Houses In Louisville.

(Source: Summary of information from the Fannie Mae info site)

Do Your Homework And Do Business With Someone You Can Trust

We buy houses in Louisville and help people in foreclosure each and every week. So we know the market well and have seen lots of dishonest things happen to home owners who were duped by a scammer before they found us.

What we always say is to do your homework.  Ask any “we buy houses” company lots of questions before you do business with them to make sure that they’re real, that they’re honest, and that they can and will follow through with any offer they make you.  Some investors make lots of offers and back out on the ones they don’t have the money to close on. With Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we only make offers on properties that we know we can close on if our offer is accepted… no if’s and’s or buts. We Buy Houses In Foreclosure.

If you’re in foreclosure and need assistance, or just want to know your options… visit your local foreclosure counseling service or browse this site and download our Free Foreclosure Guide.  Or, if you’re looking to sell your house fast, we’d love to chat with you… learn about your situation and your house… and make you a fair all-cash offer within 24 hours of our talk.  We can close in as little as 7 days.  The beauty of the whole thing is that we’ll make you an offer and there’s no obligation, no pressure, and no catches… you get the offer, you take as long as you want to look over, pass the offer by those you trust, even shop the offer around to the other “we buy houses” companies if you want. We’ll be here for ya and you can get started whenever is right for you.

If you’d like a fair no-obligation offer todaygo here and fill out the short form.  After that we’ll give you a quick call, find out a bit more about the property, and make you an offer the same day.

We Buy Houses In Foreclosure. We Buy Houses Fast. We Buy Houses Cash. We Buy Houses.

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How To Avoid Running Into Mortgage Paying Trouble for Louisville Homeowners

 

How To Avoid Running Into Mortgage Paying Trouble

How To Avoid Running Into Mortgage Paying Trouble for Louisville Homeowners

 

How To Avoid Running Into Mortgage Paying Trouble

You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid running into mortgage paying trouble in your mortgage each month.

Keep your properties full. While it may sound overly simplified, this is the most obvious method for ensuring you’ve got rent money coming in each month to cover your property mortgage payments. Don’t allow yourself to get slack on advertising for new tenants. And don’t put off screening applicants or filling your properties because you get busy or overworked. Recognize filling your vacancies as a major aspect of your REI business success and deal with it quickly and efficiently every time.

Do your best to find quality tenants. While you want to keep your properties full, finding good quality tenants is key. By “good” it means they pay their rent on time, keep the property maintained and don’t abuse the lease. By using background and credit checks, you can find the best tenants available and thereby do what’s possible to keep your rental fees coming in regularly, which will help you pay the mortgage when it comes due. We Buy Houses.

Look for longterm tenants. Don’t assume that quality tenants will necessarily be longterm ones. Some good renters may know they can’t stay over a few months at most. They may be students or working a temporary job. They may just be living in an area waiting to move or retire somewhere else. Whatever the situation, opt for longterm renters when the choice is available. Doing so will make filling a vacancy at least a more infrequent possibility. We Buy Houses In Foreclosure.

Well Maintained Property

Keep the property well maintained. If you want good tenants, longterm tenants and tenants who pay their rent on time, do your part to keep them. Deal with maintenance issues quickly. Make repairs as necessary. Upgrade appliances or at least ensure the ones you provide are in good working order. Respond to your tenants’ calls quickly, or if you can’t be sure they know you’ll be unavailable for awhile.

Being a good landlord will go a long in way in developing lasting relationships with your tenants, which will in turn, help you keep them in your property longer. Often a tenant and landlord relationship can turn an average tenant into a great one simply because they want to keep that relationship intact.

In a tough economy, it’s important to do all you can to avoid facing the difficulty of paying the mortgage. That applies just as much to an REI professional as it does to the average renter. These simple tips can help as you work to develop lasting, longterm, rent paying tenants to keep your properties bringing in the income you need every month. We Buy Houses Louisville.

If You Want To SELL Your House Today!

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

 

Photo by Collection Agency

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