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Tips To Sell Your House Fast In A Depressed Real Estate Market
by
Rafael Castillo 1
To sell your house fast, you must prepare your house for the market. These tips will help you get a buyer for your house even in a depressed real estate market.
1) Price
Obviously, this is the first thing people see when they need to buy your house. If the price is lower than other similar houses in the neighborhood, your house will stand out in the market even before someone drives over to see it.
Your house will lose market appeal if it has been on the market more than 3 weeks.
Detach yourself emotionally from the house when setting the price tag. What you paid for it is not important; people look for the current value of similar houses in the neighborhood.
If your mortgage balance allows you to set the price lower than other similar houses, by all means go for it.
If you work with a Realtor, they might help you with the best pricing for your house. You should look at your house more like a home buyer, instead of looking at it like a seller. What factors make it more appealing than other houses, location, size and other factors etc? If you were looking to buy a house in this area, would you buy it at the price with the amenities it has?
2) Physical condition of the house
What is the first impression you get when you look at it from the outside? Does it need some TLC?
When they step through the door, are the smell and atmosphere welcoming to them? If you were a buyer, would you love to live in this house?
You must be careful not to spend too much money fixing it up, or you may be unable to price it competitively.
Do not go beyond minor cleaning up and touch-ups.
3)#What if have a high mortgage balance or it needs repairs?
Sometimes it needs repairs or the mortgage balance it too high.
Real estate investors who buy and sell houses in your area might be able to help.
Most real estate investors can buy your house even if it needs repairs or the mortgage balance is too high.
A real estate investor can let you know if they can buy your house in as little as 24 to 48 hours. They will discuss all the numbers with you with no obligation.
Rafael Castillo is a real estate expert and real estate investor buying houses in Modesto California.He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to
sell your house fast
, please visit
centralcalbuyhomes.com
Article Source:
ArticleRich.com