Is their any agencies or companies that will buy houses? It's a nice house, but the market is so slow it is not moving, and having two mortgages will put me in the poor house. Any suggestions??
2007-06-03 18:03:05 · 8 answers · asked by toothfairyfriend 2 in Business & Finance ➔ Renting & Real Estate
Find out if there is a real estate investment club in your area and go to them. They have lots of investors with cash who will either improve your property and rent it out or sell it, and they have cash and can make quick sales. You won't get the best price, but you'll get it quickly. You can also talk to them about the possibility of renting it out for enough cash to cover the mortgage.
2007-06-03 18:07:32 · answer #1 · answered by Katherine W 7 · 0⤊ 0⤋
Two things. Have a good MLS-listed agent selling your home. Don't do it yourself in this market, Another thing that might help is putting a price "range" on the sale price of your home. I don't know where you live, but let's say you want to sell it for $500,000. When people go online looking for homes, and they have a maximum they want to pay of, let's say, $450,000, they won't see your house when they do a web search. If you put a range of $400,000 - 500,000, then they will. Get them emotionally attached to your house and they usually go higher than what they were originally wanting to pay. It's worked three times for me.
2007-06-03 18:10:24 · answer #2 · answered by DCG 2 · 0⤊ 0⤋
Lower the Price...even if you don't take any equity with you...Can you back out of the other house? I mean isn't better to Loose your down payment then going bankrupt? Good Luck...you should never buy another house til you have a Solid Offer on your house
2007-06-03 18:07:45 · answer #3 · answered by Do I know you? ya right LoL 4 · 0⤊ 0⤋
Lower the price (think of all the extra interest and installments you're paying day by day). The sooner you sell it the better. Did you try selling it yourself to save on agent's fees? Post your property online with websites like www.imagehomes.co.uk and others. Quite a few of them are free so no loss to you!
2007-06-03 21:49:37 · answer #4 · answered by L1LVN 3 · 0⤊ 0⤋
Have you or your agent contacted potential buyers who have looked at your current house? Find out what they didn't like- price, decor, neighbors, etc. If it is something is within your power to address, then that will make it easier to sell.
Aside from that, lower your price. somewhere between $1 and $1 billion, there is a price that will induce a buyer to snap it up immediately with no questions asked.
2007-06-03 18:14:07 · answer #5 · answered by Homer J. Simpson 6 · 0⤊ 0⤋
wheres your house? i no someone whos looking to buy even relocate!!!!
one option would be to rent to own it. There are alot of ppl who r good ppl w/ decent incomes but after something like a divorce or a split after a ltr has left their credit a lil blemished.
2007-06-03 18:08:57 · answer #6 · answered by Jen 2 · 1⤊ 0⤋
put them both on the same morgage . rent one out . or keep trying to sell . there are places that buy i ve seen the posters on poles everywhere . i don t have a # for you .
i'm sure you'll find a solution , keep looking . sorry
2007-06-03 18:16:33 · answer #7 · answered by martinmm 7 · 0⤊ 0⤋
Can you post a web address for a site with all the info and pictures of your home?
2007-06-03 18:07:52 · answer #8 · answered by zander1331 3 · 0⤊ 0⤋