Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround … Continued
Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued
When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued
Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Chicago. Short Sale After attaining the approval of their lender to sell for … Continued
The law requires specific disclosures about the property with every home sales transaction wherein the owner makes a statement regarding any issues you are aware of that could affect the value or full enjoyment of the property. These sellers’ disclosures include information for the safety and protection of the new occupants, such as lead paint … Continued
Suppose you’re not in a financial position to ready your home for listing on the market, and you’re in a hurry to receive the proceeds from the sale. In that case, unless your house is new or like new, you may be concerned about how your home will fare with the traditional listing process. Another … Continued
It’s time to sell if you have outgrown your house; however, that is easier said than done. When you sell a house, there are many decisions to make, and it can be overwhelming to figure out where to start or what step to take first. If you should find yourself in this boat, read on … Continued
When you are ready to sell your house, if you are like most home sellers, your immediate thought is to find a real estate agent to list your home. Unfortunately, the listing process is fraught with expenses that you should keep in mind as you calculate your potential profits on the sale of your house. … Continued
When it is time to sell your house, it makes sense to reach out to a direct buyer to help you, but how do you sort out the good from the bad? The buyer you choose to work with can make all the difference in the ease, speed, and profits of the sale of your … Continued
Motivations for selling your house can vary as greatly as the method you use to sell. The sales method you select when selling your house impacts your bottom line and the time it takes to close. Among the many choices available to sellers in today’s real estate landscape is selling your house directly to a … Continued
Many unique sales methods can significantly increase your odds when you want to sell a house if you are concerned about attracting the right buyer to your door. Or maybe you’ve been trying to sell a house and haven’t gotten any bites. It can be highly disheartening for your home to sit on the market … Continued