ive been trying to sell my 3000 sq. ft. home for over 1 year, its in a well known, community with very few homes, and the negiborhood is lighted, paved sidewalks and all the works. its in south carolina. is there anyway a company can buy it, or anyway of selling it quick. im not droppin my asking price of 255,000 by much, seeings how it started at an asking of 320,000. please help, i need to get it sold quickly.
2007-09-30 16:24:29 · 4 answers · asked by boredashell 1 in Business & Finance ➔ Renting & Real Estate
contact the producers of 'Sell my house' and ask them to help you. Or get a realtor to help you stage it.
2007-09-30 16:31:51 · answer #1 · answered by James Watkin 7 · 0⤊ 0⤋
Contact a local real estate investor and sell your house "subject to". Selling subject to means your are selling your home subject to the existing financing remaining in place.
I do a lot of these here in Ohio in situations just like yours. Me and the sellers put the house into a land trust. Then I find someone that has some sort of reason why they can't get financing right away. We then lease-option the home to them and I fix the reason why they couldn't get financing on their own. They then buy the house and the sellers and I cash out. You would be suprised how many people there are out there, that for some reason don't think they can get financed but I show them how they can.
Unless you own your home free and clear, purchase price is irrelevant. You have equity in your home. You need to talk equity not price. How much you keep and how much you give to the investor is up to negotiation.
By far this is the absolute quickest way to sell any home, anywhere in any market with out taking a bath. If I was in your area I would do this in a heartbeat. If I gave you 255K, that would leave me anywhere from 10-65K to work with. I could structure a win-win with this all day long. Forget real estate agents. 97% of all homes listed by an agent are not sold by the listing agent. They just want the listing and then they hope someone will come along and sell the house for them.
Contact the SC Real Estate Investors Assn at www.SCREIA.com for an investor in your area that buys homes "Sub2" and they can explain in further details how the process works and how quick they can help you. E-mail me if you have questions. Good Luck.
2007-09-30 16:48:39 · answer #2 · answered by RealEstateGuy 2 · 0⤊ 1⤋
So you tried the Realtors ?
Ya , the market has tanked in most areas . . .
Try craigslist too .
Those cash out companies are offering about 30 cents on the dollar i heard , but you check them out .
Could be wrong .
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2007-09-30 16:32:16 · answer #3 · answered by kate 7 · 0⤊ 0⤋
Sorry - that's the market right now.
2007-09-30 17:40:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋