Posted by Joe on May 10th, 2012
When selling your home, an open house is one of the most important things you can do to get the home sold. It could mean the difference between “Where do I sign?” and weeks upon weeks on the market. With that in mind, we have put together a list of five simple ways to prepare for open house have the greatest impact.
1. Curb Appeal
Patchy lawns and overgrown bushes can leave a bad impression on potential buyers. Fortunately, getting your jungle into great shape is a simple fix. You can either take matters into your own hands, or you can hire a lawn care company to trim your grass and shape your hedges. For a couple hundred dollars, you’ll give a fantastic first impression without a big dent in your wallet.
2. Keep Things Clean
From the outside to the inside, things have to look well-maintained because you want to give the “wow” factor to anyone who walks in through the door. Your best bet to prepare for open house is to hire a cleaning service to give your house a very thorough cleaning. Although you may personally clean your house often, you don’t always manage to cover all of the details that some picky homebuyers somehow always manage to find.
3. Visually add square footage
Although actual square footage is a huge aspect in determining the price of your home, visual space is often overlooked when selling a house. Visual space is how big a home feels. The third way to prepare for open house is to make each room in your house feel larger. The first tip is to add more light because a sunny room feels more open. Remove heavy draperies and replace them with vertical blinds to allow more sunlight to enter the room. The next tip is to add some mirrors as this will visually double the space. Lastly, take out whatever you can. Any clutter on the floor, old furniture, and knick-knacks don’t appeal to buyers. They want to see themselves calling this place home, so give them a good reason to buy.
4. Little updates to the bathroom have a great return
You don’t have to spend an arm and a leg to do a full remodel. Simple updates like replacing old wallpaper with a textured finish and changing dated light fixtures with newer ones will greatly improve the bathroom – a key selling point in any home.
5. Replace outdated fixtures with attractive, energy-efficient fixtures
No one wants to look up at an old, wobbly ceiling fan that looks like it could come crashing down at any moment. An easy way to prepare for open house is to add a new, functional and decorative ceiling fan adds a great vibe to a room as it increases necessary light and creates a nice breeze in the warmer months.
People want to picture themselves living in this home, so follow these simple ways to prepare for open house to give them all the incentive they need. And if you have questions about other ways to prepare for open house, contact us and let us know.
Posted by Derek on December 4th, 2011
Most of us have seen the signs- We Buy Houses, Cash for Your Home, Fa$t Ca$h Now, and many more, sometimes very creative, variations.
The question then becomes, “Are these signs part of a scam?” Like most things in life, the answer is mostly no, but some can be. There are some things you can watch out for.
- When you call them, are they interested in your property or do they just tell you they can help you and don’t need the details? Any legitimate investor is going to want to know the details of your property, such as how much you owe, what repairs are needed, what reason are you needing to sell, and more.
- Do they try to get your financial information right away or do they actually engage you? Most legitimate investors want to work towards a Win-Win situation. Those looking to scam you are only looking for their Win.
- Does it seem like you’ve called a telemarketer when they pick up or does it seem like a real person on the other side that will likely work with you? A legitimate investor will want to discuss what the issue is and see if there’s a way that he or she can solve that problem so that everyone wins. They don’t want to waste your time, or theirs, by trying to sell you lots of other, unrelated things.
So, can I trust these We Buy Houses companies?
If you keep these tips in mind and make informed decisions, then most of these companies/individuals will be just fine. The investors that provide this service can provide real relief for distressed homeowners that desperately need to sell their homes faster than possible with the normal selling process. Most of them can even close in one to two weeks, instead of three months or more.
If you have any questions about this or would like to inquire about selling your house, you can contact us using our Contact Form or call 916.234.6460.
Posted by Derek on November 29th, 2011
In today’s economy, more and more homeowners are facing foreclosure. Whether it’s because they are upside-down in their mortgages and owe more than the home is worth or they had an adjustable rate mortgage that has skyrocketed their monthly payments, the problem is growing. And there doesn’t seem to be a permanent solution in sight.
Foreclosure can also leave the worst mark on your credit record. And that can affect you a long time into the future. Here we have some ways to avoid foreclosure.
1. Investor Lease-Back
This method is where the distressed homeowner (seller) sells the house to an investor (buyer), who then leases the home back to the seller with either a normal lease or a lease with option to purchase. The normal lease will allow you to avoid foreclosure and continue to live in the house. The lease with option to purchase is exactly the same, but gives the original seller an option to buy the house back at a predetermined price down the line.
2. Short Sale
This method allows a buyer, usually an investor, to offer the bank holding the homeowner’s mortgage a purchase price that is lower than the amount owed on the property. After the homeowner agrees to the price, the offer is submitted to the bank for consideration. This process can several weeks, and even several months. This is currently the most popular method of pre-foreclosure home sales.
3. Loan Modification
This method is where the distressed homeowner attempts to negotiate with the bank holding the original mortgage to modify the terms so that the homeowner can afford to continue making payments to the bank. This method would be the simplest for homeowners, if the banks were taking the bailout money and applying it to this. It is currently one of the more difficult methods, as it is up to the bank whether or not to make the necessary modifications. The best option here is to use a loan modification company that is separate of the bank, to negotiate with the bank.
4. “We Buy Houses” Companies
This method involves distressed homeowners who have a property they have to sell, usually quickly, due to imminent foreclosure, it needs a lot of work, they are moving, or the property was inherited. They then sell the house to a “We Buy Houses” company, such as B&D Properties. These are homeowners that cannot sell their property using normal methods, such as listing with a realtor.
If you have any questions or need to reach B&D about selling your house, you can reach us at 916.234.6460 or through our Contact Us page.
Posted by Derek on November 28th, 2011
Are you considering a short sale to get out of your property?
Do you need to sell your house before it goes into foreclosure?
Does your house require too much work to be sold conventionally? At B&D Properties, we can close on your house in 2-4 weeks in most cases, allowing you to move on quickly. We specialize in combining your unsellable house with our investors to get your house sold as quickly as possible.
We currently cover the greater Sacramento area, as well as Placer, Yuba, and Sutter counties.
To have one of our support representatives give you a call, fill out our Sellers Form. Only your name, email, and phone number are required, but fill it out as completely as possible to ensure the time you need to spend on the phone with us is minimal. Your information will always be kept confidential.
If you have any questions, you can reach us at 916.234.6460 or through our Contact Us page.