#realtors.com

[jass22]

Merlin Avana

Flats in Tollygunge

Sophistication in the heart of an Ecological Paradise, with amenities to enrich your life and a location to unwind, life becomes better at Merlin Avana.

[probrorealestatesoftware]

How to Prevent or Respond to Negative Reviews as a Broker?

As a real estate broker, you are well aware of the importance of client’s testimonials and reviews of your services, right? But what about negative reviews that come unintendedly to your website or other social platforms? How do you deal with them to protect your brand image as a broker?

The real estate business is not that easy to maintain or scale positively. Property investment is more personal to your customer than other businesses. They prefer your advice while investing their hard-earned money. That’s why it is common to be impatient and give negative reviews even with little discomfort. You can’t avoid them but how you deal with such reviews will help in shaping your successful real estate career.  

Positive and negative reviews both have a powerful impact on your prospect’s decisions. As per the Statista survey, 92% of people agreed that a negative online review put their decisions down while making purchases. So, take a negative review as a big red flag to your business growth.

But the question is how you prevent your business from these negative reviews or what if any negative feedback comes?

In this blog, we have comprised an elaborative solution for dealing with negative reviews. Now, let’s discuss: –

What are the most common review websites to keep track of your business feedback?

Proven ways to handle a negative real estate review positively.

And last, how to prevent negative reviews as a property manager?

The most common review websites that you must be aware of are: –

There are hundreds of review websites running on the internet. They have their own share of market size and niche but few of them have a strong impact on the brand value of online businesses.  As a broker, you should be aware of the websites or platform that has a strong impact on the real estate business. And try to maintain a good rating or feedback report on these particular ones.

Now, let’s start with top review websites and social platforms that you should keep track of: –

Realtors.com

Realtors.com is a prominent real estate listing website that has a great impact on the real estate industry. With over 100 million active users, Realtors.com help you to make a strong presence in the property market.

It gives a fair chance of reviews or feedback to both realtors and customers through a strong screening of every review before posting on profiles. However, if a negative review is posted you can’t remove it, but you can professionally handle it through a strategic reply or solve it personally.  

Zillow

Zillow is a real estate marketplace to list or advertise your properties. It also has a review system for brokers’ profiles to give ratings according to their property performances. Now, here you can’t directly remove a negative review from your profile, but surely get help from the mortgage support team of Zillow.

Google My Business

Google My Business is the most popular business listing platform to list any business free of cost. Its review process is open to every user which has a strong impact on your company’s reputation.  but as with other platforms, you can’t remove any feedback directly from your profile until they violate any policy of the website.

Facebook business

Facebook business is the meta business suite for business managers to place ads from their business Facebook profile. Its reviews feature also does not give direct permission to delete reviews, but you can report them as spam if are genuine.

Your own website

Your property business website is best to represent positive feedback from your customers. And it gives you full control to showcase your business in the best way. But if negative feedback comes, be careful not to remove it simply. Because you have control of your website but not a reviewer’s accessibility to other social platforms.

So, deal with your customer’s negative reviews carefully on your website to avoid any social discomfort.

Now, you know all the common review sites to maintain your business profile ratings, it is important to know how you deal with them. Cautiously dealing with negative reviews can give you a good opportunity to represent yourself as a responsible property manager. So, to change your negative feedback into positive one, here are some proven strategies to implement.

Proven ways to handle a negative real estate review positively.

1.Verify and acknowledge the review

Initial step, when you spot a negative review about your business is to verify the feedback. If it is genuine or not? If you find it spam or just posted to defame you, then strictly report it to as per platform policy. But if it is genuine feedback from your customer, then you should immediately acknowledge the issue and try to resolve it on your end.

2. Respond quickly

A quick response to any negative comment can give relief to the reviewer that at least, you have acknowledged it. Now, the ball is in your court. How do you deal with the customer’s inconvenience and what steps do you choose to resolve it?

You have to comment on the negative review to show your seriousness about your business. and be thankful to the reviewer that he/she has raised a genuine concern and you are eager to resolve it as soon as possible. This will change the scenario of negativity and show positive dealing from your side, which is a must in real estate to gain trust.

3. Regularly check review sites

Keep a regular check on all the review websites and motivate your customers to give more and more positive feedback about your business. it will help to maintain your business ratings on a positive side. If any negative reviews are posted will immediately come to your concern only when you are proactive.

If any review remains unheard it will heat up the matter and adversely affect your business. So, keeping a regular check on reviews is a must.

4. Don’t be defensive

Whenever you respond to any negative review or comment don’t be defensive in any way. Just take it as a suggestion and try to resolve it practically. If things are not in your control, then simply apologize and show the real reason for this inconvenience.

Because being defensive all the time will represent you as a bad problem solver. So, to handle your negative reviews positively, you must be practical in your approach.

5. Try to resolve it personally

Now, while resolving any negative review, take the discussion away from the social platform and try to connect with the customer personally. It will save you to be in a socially detrimental situation. It will give you more time to resolve the issue and can surely turn the situation in your favor.

At last, here are some ways to prevent negative testimonials that a property manager should know. If you prevent yourself from negative feedback in the initial stage, then it will help you to represent yourself as a responsible real estate broker.

How to prevent negative reviews as a property manager?

Be proactive: –

Being proactive in your business whether it is dealing with clients or responding to prospects’ queries will help you to represent yourself as a leader. You know your real estate business better so, the issues be. Now, it is your call to deal with customers’ issues actively, to not give them a chance to negatively review your services publicly.

To avoid this, you can create a system to review customers’ feedback at every stage of dealing to avoid any inconvenience.

Listen to your customers: –

Always listen to your customers carefully. It helps you to know the genuine problems or when your customer is in discomfort. Because property transactions are hard to handle, not just for a broker but for a customer also. So, take care of your customer’s situation and try to build a trusting relationship for a successful deal with positive feedback.

Emphasize positive testimonials.

Taking positive reviews and posting them to your social profiles is part of your real estate marketing strategy. But if you are in the initial stage, try to respond to your customers’ queries proactively and take reviews of every single step to personally monitor your business reviews.

When you have enough positive reviews on social platforms to maintain ratings then one or two negative reviews won’t affect it. But take negative’s cautionary to improve customer satisfaction.

Wrap-up: –

Having negative reviews is not bad, moreover, it shows that your business is genuine. But how you deal with them will show your sincerity about your business and customers. So, be careful while replying to negative feedback and try to resolve them as soon as possible.

Now, tracking every activity on all social platforms is not easy. You need relevant management software that helps you to track all the activities of your business or website cautiously. Here ProBro can help you to be a proactive real estate broker without much effort.

ProBro is an AI-based property management software that helps brokers and property managers to manage their overall property business in a single platform. Here you will get an integrated CRM system to collectively track your all-social activities and your website performance in a visual dashboard. It will give you a clear view of your property business and ease your customer management process to avoid negative reviews.

So, upgrade your property business now, and build your positive brand image with ProBro.  

[iwebdatascrape]

How to Scrape Real Estate Property Data from Realtors.com?

Read this blog to know how to scrape real estate property data from realtors.com, including type, location, sale price, amenities, etc., for best buying & selling decisions.

[efficientmovingservices]

Boston Efficient Movers

[jackietiger265]

Park Avenue Housing Society Lahore

[michaellerschmba]

What’s Ahead for Real Estate in 2019?

  As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”

 It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy.  Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest growth. However, shifting conditions could impact you if you plan to buy, sell, or refinance this year.

  HOME VALUES WILL INCREASE

 The value of real estate will continue to rise. Freddie Mac predicts housing prices will increase by 4.3 percent in 2019.1  While the rapid price appreciation we witnessed earlier in the decade has slowed, the combination of a strong economy, low unemployment, and a lack of inventory in many market segments continues to push prices higher.

 "Ninety percent of markets are experiencing price gains while very few are experiencing consistent price declines," according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.2

 Yun predicts that the national median existing-home price will increase to around $266,800 in 2019 and $274,000 in 2020. "Home price appreciation will slow down—the days of easy price gains are coming to an end—but prices will continue to rise."

 What does it mean for you? If you’re in the market to buy a home, act fast. Prices will continue to go up, so you’ll pay more the longer you wait. If you’re a current homeowner, real estate has proven once again to be a solid investment over the long term. In fact, the equity level of American homeowners reached an all-time high in 2018, topping $6 trillion.3

  SALES LEVELS WILL STABILIZE

 In 2018, we saw a decline in sales, primarily driven by rising mortgage rates and a lack of affordable inventory. However, Yun isn’t alarmed. "2017 was the best year for home sales in ten years, and 2018 is only down 1.5 percent year to date. Statistically, it is a mild twinge in the data and a very mild adjustment compared to the long-term growth we've been experiencing over the past few years."2

  Yun and other economists expect home sales to remain relatively flat over the next couple of years. Freddie Mac forecasts homes sales will increase 1 percent to 6.08 million in 2019 and 2 percent to 6.20 million in 2020.1

 “The medium and long-term prospects for housing are good because demographics are going to continue to support demand,” explains Tendayi Kapfidze, chief economist for LendingTree. “With a slower price appreciation, incomes have an opportunity to catch up. With slower sales, inventory has an opportunity to normalize. A slowdown in 2019 creates a healthier housing market going forward.”4

 What does it mean for you? If you’ve been scared off by reports of a market slowdown, it’s important to keep things in perspective. A cooldown can prevent a hot market from becoming overheated. A gradual and sustainable pace of growth is preferable for long-term economic stability.

  MORTGAGE RATES WILL RISE

 The Mortgage Bankers Association predicts the Federal Reserve will raise interest rates three times this year, resulting in a rise in mortgage rates.5 While no one can predict future mortgage rates with certainty, Realtor.com Chief Economist Danielle Hale estimates that the rate for a 30-year mortgage will reach 5.5 percent by the end of 2019, up from around 4.62 percent at the end of 2018.6

 While mortgage rates above 5 percent may seem high to today’s buyers, it’s not out of line with historical standards. According to Hale, “The average mortgage rate in the 1990s was 8.1 percent, and rates didn’t fall below 5 percent until 2009. So for buyers who can make the math work, buying a home is likely still an investment worth making.”7

 What does it mean for you? If you’re in the market to buy a house or refinance an existing mortgage, you may want to act quickly before mortgage rates rise. To qualify for the lowest rate available, take steps to improve your credit score, pay down existing debt, and save up for a larger down payment.

  AFFORDABILITY ISSUES WILL PERSIST

 Although the desire to own a home remains strong, the combination of higher home prices and rising mortgage rates will make it increasingly difficult for many first-time buyers to afford one.

   “Buyers who are able to stay in the market will find less competition as more buyers are priced out but feel an increased sense of urgency to close before it gets even more expensive,” according to Hale. “Although the number of homes for sale is increasing, which is an improvement for buyers, the majority of new inventory is focused in the mid-to-higher-end price tier, not entry-level.”6

 What does it mean for you? Unfortunately, market factors make it difficult for many first-time buyers to afford a home. However, as move-up buyers take advantage of new high-end inventory, we could see an increase in starter homes hitting the market.

  MILLENNIALS WILL MAKE UP LARGEST SEGMENT OF BUYERS

 “The housing market in 2019 will be characterized by continued rising mortgage rates and surging millennial demand,” according to Odeta Kushi, senior economist for First American. "Rising rates, by making housing less affordable, will likely deter certain potential homebuyers from the market. On the other hand, the largest cohort of millennials will be turning 29 next year, entering peak household formation and home-buying age, and contributing to the increase in first-time buyer demand.”4

 Danielle Hale, chief economist for Realtor.com, predicts the trend will continue. “Millennials are also likely to make up the largest share of home buyers for the next decade as their housing needs adjust over time.”6

 What does it mean for you? If you’re in the market for a starter home, prepare to compete for the best listings. And if you plan to sell a home in 2019, be sure to work with an agent who knows how to reach millennial buyers by utilizing the latest online marketing techniques.

  WE’RE HERE TO GUIDE YOU

 While national real estate numbers and predictions can provide a “big picture” outlook for the year, real estate is local. And as local market experts, we can guide you through the ins and outs of our market and the local issues that are likely to drive home values in your particular neighborhood.

 If you’re considering buying or selling a home in 2019, contact us now to schedule a free consultation. We’ll work with you to develop an action plan to meet your real estate goals this year.

   START PREPARING TODAY

 If you plan to BUY this year:

    Get pre-approved for a mortgage. If you plan to finance part of your home purchase, getting       pre-approved for a mortgage will give you a jump-start on the paperwork       and provide an advantage over other buyers in a competitive market. The       added bonus: you will find out how much you can afford to borrow and       budget accordingly.

  Create your wish list. How       many bedrooms and bathrooms do you need? How far are you willing to       commute to work? What’s most important to you in a home? We can set up a       customized search that meets your criteria to help you find the perfect       home for you.

  Come to our office. The       buying process can be tricky. We’d love to guide you through it. We can       help you find a home that fits your needs and budget, all at no cost to       you. Give us a call to schedule an appointment today!

  If  you plan to SELL this year:

    Call us for a FREE Comparative Market Analysis. A CMA not only gives you the current market value of your home,       it will also show how your home compares to others in the area. This       will help us determine which repairs and upgrades may be required to get       top dollar for your property, and it will help us price your home       correctly once you’re ready to list.

  Prep your home for the market. Most buyers want a home they can move into right away, without       having to make extensive repairs and upgrades. We can help you determine       which ones are worth the time and expense to deliver maximum results.

  Start decluttering. Help       your buyers see themselves in your home by packing up personal items and       things you don’t use regularly and storing them in an attic or storage       locker. This will make your home appear larger, make it easier to stage       ... and get you one step closer to moving when the time comes!

    Call (916) 660-3002

mikelersch@hotmail.com

Sources:

1.     Freddie Mac Economic & Housing Research Forecast – http://www.freddiemac.com/research/pdf/201811-Forecast-04.pdf

2.     National Association of Realtors 2019 Forecast –   https://www.nar.realtor/newsroom/2019-forecast-existing-home-sales-to-stabilize-and-price-growth-to-continue

3.     Bankrate 2018 Year in Review – https://www.bankrate.com/mortgages/year-in-review-for-housing-market/’

4.     Forbes 2019 Real Estate Forecast – https://www.forbes.com/sites/alyyale/2018/12/06/2019-real-estate-forecast-what-home-buyers-sellers-and-investors-can-expect/#a98b80a70d9a

5.     Mortgage Bankers Association Forecast – https://www.mba.org/2018-press-releases/october/mba-forecast-purchase-originations-to-increase-to-12-trillion-in-2019

6.     Realtors.com 2019 National Housing Forecast – https://www.realtor.com/research/2019-national-housing-forecast/

7.     FOX Business – https://www.foxbusiness.com/personal-finance/where-mortgage-rates-are-headed-in-2019

[americanbeaches]

Pensacola Beach Condo Sales, Portofino Resort

Pensacola Beach Florida Real Estate Sales

Pensacola Beach Florida

Portofino Resort Condominium Homes

Listed at: $840,000 Property Details:  3 BR, 2+ BA, Portofino Condo, 2,030+/- s.f. Property Location: 2 Portofino Drive, Pensacola Beach, FL 32561 One of a kind condo at Portofino Resort in Pensacola Beach. This residence as been remodeled and fully upgraded. Some upgrades include: New tile flooring throughout, new plumbing fixtures in kitchen and bathrooms including new toilets, new concrete countertop in kitchen and new countertops in bathrooms, all new furniture and accessories, newly remodeled master closet with organized locking cabinets for owner, all new smart TV’s, repainted all walls, and new outdoor furniture. Portofino includes a European Spa and Lifestyle Center – Enjoy working out in the state of the art exercise facility with pool view over the Bay.

Listed at: $769,000 Property Details:  3 BR, 3,5 BA Portofino Condo, 2,030+/- s.f. Property Location: 2 Portofino Drive, Pensacola Beach, FL 32561 This Pensacola Beach condo at Portofino has amazing views of the Gulf of Mexico, the Bay and the beautiful natural sand dunes that stretch along the shore line. The condo is designed to take full advantage of these great views. This condominium has never been rented and only used on special occasions – it still looks new. The kitchen is open to the great room making entertaining easy. The bedrooms are all spacious with plenty of closet space and each has it’s own bath in addition to the half bath off the foyer area. The resort property comes fully furnished and ready just to open the door and enjoy! The residence also comes with 2 parking spaces in the garage. Portofino Resort and Spa offers two outdoor infinity edge pools with hot tubs, and an indoor Olympic size lap pool. A great place to be on vacation every day while lounging at the pool deck with casual outside dining from the Grill and seasonal live entertainment.

Visit: Portofino Vacation Rentals, Pensacola Beach FL

Source: Realtors.com

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[coolhelpforhomebuyersposts-blog]

Ready to graduate from renting?

New Post has been published on https://www.helpforhomebuyers.com/uncategorized/ready-to-graduate-from-renting/

Ready to graduate from renting?

With graduation season in full swing, many may be pondering a change in their living quarters. Some may be moving out of Mom and Dad’s house into dorms, or maybe out of dorms into their own apartments.

But what if you’re ready to take an even bigger step—moving out of a rental into a home you can call your own?

Buying a house, after all, is a great way to put down roots and build wealth (since homes tend to appreciate so you can sell later for a profit). But purchasing property isn’t a simple process, so you should make sure you’re prepared.

So, how do you know if you’re ready to move from an apartment to a house? Ask yourself these questions below to get a sense of where you’re at—or what you have to do to transition easily into home-buying mode once the time is right.

Can you afford to buy a home?

For starters, let’s talk money. Buying a home is a hefty purchase, probably the largest you’ll ever make. So, you’ll need a down payment (typically recommended to be 20% of the home’s purchase price) and steady income (i.e., a job) to pay your mortgage.

There are other costs also associated with homeownership:

Closing costs (typically 2% to 5% of the home’s purchase price)

Home insurance (cost varies by state)

Maintenance

Utilities

Budget for unseen repairs and emergencies

While renting might seem more economical than owning at first glance, that’s not always the case.

Are you settled in your job?

Your job situation is not only important in terms of income to buy a home, but also whether you’re happy where you work and plan to stay put. Because once you own a home, your career prospects do narrow somewhat, purely because a home anchors you to one area.

Do you know where you want to live?

Since moving once you own a home is not as easy as just packing your bags (which, let’s face it, is a hassle in itself), you really need to make sure you’re picking a home in an area where you’ll be happy.

When in doubt, try renting for a few months to make sure you like the area before you start shopping for a home to own for good.

How much home maintenance are you willing to tackle?

If you love the challenge of fixing a leaky faucet and figuring out which shrubs will flourish in your yard, homeownership may be right up your alley. But if the idea of mowing a lawn or messing with the HVAC makes you depressed, then you may want to stick with renting, which gives you a roof over your head without the work.

Living in a house you own is a different story. There’s no landlord to call if anything goes wrong; it’s all up to you. So you have to be either adept as a handyman, or willing to find and pay someone else to do such tasks. Or else consider buying a condo or co-op, where the lawns and public areas around your home are maintained by hired help.

Bottom line: There isn’t a set of rule on when you should purchase a house but you should look into housing market trends and your situation carefully to decide.

   Realtors.com

[isabellefysh0-blog]

Valuation pay overs forthat property now you know this is aninternal debate that we have when we'reobviously buying for clients in marketswhere there is competition because weactually don't mind to buy in somemarkets where there is competitionbecause that endorses our belief thatyou know an hour DSR demand-supply ratiothat we use is exactly based on thatfact we are increasing our probabilityof gettingl.

[firstimpressionrealtyflorid-blog]

Common Mistakes When Pricing Your Home To Sell

2) Pricing Too High From The Start

Statistics show that overpriced homes generate fewer showings than those priced closer to the market average. Also, homes priced correctly when first offered usually sell closer to the asking price than homes that start too high.

We have more tips for you when pricing your home to sell. Visit our blog soon and check us out on our webpage!

https://www.firstimpressionrealtyflorida.com/

Sources: National Association of Realtors, Realtors.com, Real Estate Staging Association

[gyassuncion55-blog]

Preparation to Get Your Dream

Lots of individuals are dreaming concerning that little cottage with the white picket fencing or that modern apartment with an awesome view or that fixer-upper in the country or ... Greenville Homes For Sale The dreams are endless, but the concept is just the same-- owning your very own residence is a significant landmark in life. Many individuals dropped like they can not ever before reach the day they move right into their own residence, but it is possible for any individual. All it takes is a lot of hard work.Having your personal home is greater than simply the dream. There is a reality also it likewise. You have to consider the many responsibilities that feature it. Don't jump into purchasing a residence before you are ready. See to it that all of your bases are covered first.Below are five things you have to do before you get a home.Produce great credit ratingThis does not just prepare you for buying a home, but additionally for every one of your life. You ought to start actually focusing on your credit score long before you ever before plan to purchase a home. Frequently, you could require at the very least a year to obtain to where you need to be. Maybe much longer if you have poor credit report.The main things that will aid your credit rating is paying your costs on time as well as using your credit scores wisely. This commonly suggests using it extremely sparingly. A poor credit score ranking will cause you being denied or needing to approve less advantageous terms-- greater rate of interest and less loan.Conserve, conserve, saveThe largest advantage you could give yourself is as much of a deposit as possible. This reveals loan providers that you are putting a significant investment right into your home.You need to likewise recognize that you will certainly have additional expenditures in having a house. A savings strategy could assist you to deal with any kind of covert costs or unanticipated expenses.Make a budgetIf you do not already have a budget plan, you require one. Check out all of your costs and also decide just how much you can afford for your brand-new residence. Don't just include your home mortgage payment, consider your insurance as well as tax obligations also. If you are relocating better from work, include the difference in commuting expenses. You want a practical budget. It will certainly inform you what does it cost? you could manage.Always remember that you will certainly have energy costs and also hookup costs, some maintenance, closing prices as well as moving costs. These are added costs that are easy to ignore.Obtain assistanceAsk member of the family or pals exactly what it resembles to get a house. They can be a great resource of information. Every person has an excellent tale concerning exactly what can fail. You could also request for recommendations for lending institutions as well as realtors.Come to be mentally preparedFunds aren't the only thing that will worry you out. Emotions run high when acquiring a residence. Be ready as well as plan ahead. This is the very best way to earn the experience positive. Don't set your expectations expensive. If you are well ready and also prepared to adjust to any kind of feasible modifications, you will have the ability to purchase a residence as well as delight in the process.

[apollorealestateinvesting-blog]

Easiest way to stop your “FORECLOSURE” in a short time.

Foreclosure is a word just like any other word in the dictionary, but it’s a nightmare millions of Americans face every day. Regular folk like us are haunted with that word every day. We work so hard for our home, and until the mortgage is fully paid off, we are under constant stress to keep up with mortgage payments for fear of losing our home sweet home. Nobody wants to see their family ending up homeless. Our children will be doomed, and our lives will be ruined. All of us want the same thing out of life, a good life surrounded by our loved ones. Back in 2008, we could see the pain and depression felt by the people that fell victim to the market crash. We don’t believe anyone deserves to be kicked out of their home, and have their credit ruined for years to come. Life is full of peaks and valleys, we hope after reading this everyone will understand a little more on how to stop a foreclosure, and not ruin your credit.

Owning a home is the greatest pleasure there can be for most American citizens. We spend our entire lives working really hard to save enough money to have a place we call home, a personal space that we can relax, and enjoy ourselves with our families. Some of us are fortunate enough to reach the end and pay off a mortgage, but it can be difficult to get there for the rest of us. The main reason for that is because life is a turbulent ride, the economy can go down and we can lose our jobs, or our job hours can be cut, or it can become difficult to pay for unforeseen household maintenance (mold, leak, repairs, etc.). We don’t have the money to fix it, so we have to sell our homes in order to find a better place to raise our kids.  Welcoming a new member in the family also increases expenses, and can make it harder to meet our mortgage payments. There’s an innumerable amount of reasons behind it, and we can’t possibly go through all of them, life can throw us a curveball at any time of the day, any time of the week. It’s always good to have a back-up plan, we will never know when it will come in handy.

There are two main ways to stop a foreclosure. The first method is to find someone that’s willing to take over the loan for you. The second method is to sell the house before losing control of it. In each solution there will be different pros and cons that will impact way your life.

Foreclosure will ruin your credit score for any future loans, and it will give you a bad reputation when all you are trying to do is support your family. Read this blog thoroughly to know what you can do to escape the death grip known as foreclosure.

Finding someone that is willing to take over our homes is a simple yet big task. Not many people would swoop in to take over our mortgages while they might be struggling on their own mortgage as well. It’s not impossible, there are good people in this world and good things happen to good people all the time. A family member, or a trusted friend can help bail us out. Regardless of who might help, we must make sure to repay them for their kindness because this is a big task. Once we’ve found someone to help, the rest of the process is very simple.

It’s similar to a home selling process but the loan doesn’t pay off. Usually, in a home selling process, the seller and the bank will get paid by the buyer’s bank. However, in this case, the closing agent will take care of all the paperwork for you. It’s just a process of transferring the loan over to the buyer. If you are having a hard time finding someone to take over your loan for you, check out Apollo Real Estate Investing. They will take over the loan and instruct the closing agents to do everything for you with a fee. The second method will probably be easier since there are many different way to sell a house. The traditional way is to list it through an agent. Another method is to try to sell the house by posting it online through pages like zillow.com or realtors.com, or selling it for cash. Each of these option has its own pros and cons.

First method is by selling through an agent: This is the traditional way to sell the property and the majority of people do this. This process include the listing your house into the MLS (Multiple Listing Service) so all other agents and everyone else can see. Then when someone puts an offer on the house, the agent tries to convince the seller to take it. When the offer has been accepted, then they will move on to closing which takes about 30-45 days. The offer can be declined and counter-offered, then the agents will try to convince the buyer to accept the offer. The tugging war for the price can go on for months and the house can stay on the market for months before everyone agree on the price and then it takes 30-45 days to close the deal because then the buyer will have to be approved with their bank, and then the title company will do research on the title of your home. On average the house is sold about 90% of the original asking price. The price is heavily influence buy the current market. 

By the time you read this, the price may not apply to your current market at current time, but the process will remain the same. Agents usually take anywhere in-between 3% to 6% of the sold price. After closing cost and all the agents and realtors’ fee and everything, we’d end up with around 80% of the house’s total worth. This is written with the assumption that the house is in perfect condition. There are many agents around the country, but the agent I personally contact when we run into a property that I like is Alex Capozollo. He is young and energized, and gives the most accurate information within a reasonable timeframe.

The second method is to sell the house by yourself. While driving around town and commuting to work, I see a lot of signs “For Sale By Owner” along the way. I always wonder how long it takes for them to sell those houses because it seem like ages to me. So I did a little digging around before I wrote this blog and to my surprise, “For Sale By Owner” houses can take up to one to two years before their house is sold. Of course this can be affected by the market and the area. “For Sale By Owner” usually put out signs around the neighborhood, post on websites like zillow.com or realtors.com or redefines.com if they’re available in the area. “For Sale By Owner” mean that there are no agents representing you, so you will have to do all the work for yourself, you will have to market your property on those websites, and pretty much to anyone you meet so there will be a lot of people who would come to take a look at your house.

That’s why it takes so long for the house to be sold. You will also have to be responsible for showing the house to people that are looking to buy it. If you can drive a good traffic to your house, then you probably have about 10 to 12 appointments during the weekend for people to come and take a look at the house. The real pain is that people will come in one by one, so you will have to stay home all weekend and keep it clean all weekend for a year or two until it sells.

Then once you found your buyer and agreed on the price, you will have to sign a contract with them. This is very important, I highly recommend getting an attorney to help you with this since real estate law is very complicated. Then bring the contract to the closing agents, and the process will take about 30-45 days complete.

It’s the same as when you’re selling through an agent, they have to go through the buyer’s bank, and check on your property’s title. After all the fees for the website and price negotiation, usually you will end up in-between 85% - 90% of what your house is worth. This is assuming that your house is in perfect condition.

The third choice to sell your house is to sell your house for cash. Selling your house for cash is the quickest way to sell your house. Usually, you sell your house to an investor who has a lot of cash, or services where they will buy your houses with cash for a discount. The process is very simple. You only need to contact them and tell them that you are interest in selling your house. They will set up an appointment to come and take a look at the house. If your house fits their criteria, then they will buy your house right away. The best part about selling your house for cash is that you don’t have to fix anything up. You can just give them a discount for them to fix up everything in the house. This doesn’t work with agents, to list your house on the MLS, you need to have a presentable house. It may need a few touch-ups but nothing major. To sell your house for cash, especially to a house flipper, then they’re going to renovate the house so they don’t mind all the repairs that the house might require. These are people who use their effort to earn money from your beat up house. So selling your house for cash by far the quickest and easiest way to sell your house because the closing process is less than 30 days. As long as your title is confirmed to be cleared by the closing agents then the deal can be closes at any time. We don’t have to wait for the buyer’s bank to approve any loan since they’re buying it with cash. Sometimes the investor even offers to pay the whole closing cost to you. This way you know exactly how much you getting for you house. In general, selling your house for cash will give you around 75% to 80% of what your house is worth.

Out of the three main methods of selling your house, we can clearly that the one that will give you the most money for your house is “For Sale By Owner”, netting you about 90% of your house’s worth with the downside of it requiring up to 2 years to sell.

The most convenient and quickest way is to sell your house for cash, granting the possibility of selling your house right then and there when they come to check it out in person. However, selling your house for cash gives a little less than when you sell it by yourself, or when you list it through an agent. So the whole process is to decide whether we need to sell the house quick, or to sell it to get as much money as we can. However, since we are on the topic of stopping foreclosure, time is of the essence. So our choices are narrowed either the second method or the third method. It’s still possible to list it through an agent, or to sell it for cash to an investor. It boils down to how fast you want it done, and how much money are you willing to settle for. This is with the assumption of our house is in a presentable state. If there’s a lot of damage to the house where it needs tens of thousands of dollars to fix then our only choice would be to sell it for cash.

So out of all of the possible solutions, you can either find someone to take over the loan, or selling it for cash would be the two greatest options in the foreclosure situation. We can make a quick transfer and get to pay the mortgage off. Our record is clear of foreclosure and we are happy. We can safely move on with our lives, and make a new loan for a new house in the future without having to worry about having a bad record.

I hope that everyone that is facing foreclosure found this blog somewhat helpful, and that it gave you a better idea on how to solve it. To those of you that are not in a foreclosure situation, you can put this in your back pocket, and use it to help yourself in the future, or to help someone that you know that is stuck in this situation.

Thank You For Reading My Blog and Have A Good Day!

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