A Look at the Short Sale Process
If you do not know much about real estate in Atlanta , the process of buying or selling a home may feel somewhat overwhelming at times. Fortunately, a short sale real estate agent can help you get through the procedure and be satisfied with your results. Watch this video clip for a quick look at the short sale process.
The short sale process can help you to sell your property at its current market value and in a timely fashion, and it can help you even if your debts on the property are not fully paid off. You may work with an individual caseworker, a buyers’ agent, and other real estate professionals that will guide you as you create a short sale package and list your home. Your short sale real estate agent will also help you secure a buyer and a short lender’s approval so that you can finalize the deal.
If you are selling your home, you should make it as attractive and appealing as possible! Potential buyers want to see a clean and tidy home that they can picture themselves in. This is easiest when the home is kept clean and free from clutter that can take away from a space.
As you will see in this video, it is a good idea to start cleaning and caring for your for-sale home as soon as you list it. You never know when potential buyers might drive by, and a first impression can make or break your sale. Make sure your front yard looks great and use paint to touch up any marks or scrapes on your home’s exterior. Work with your family to clean and de-clutter your home’s interior for potential buyers.
A real estate agent can help you figure out what to do to make your home as appealing as possible, leading to the best sales in the shortest amount of time.
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When you’re ready to move, selling your home isn’t your only option. Renting out your current home lets you relocate while using your former home as an extra source of income. Which option is the right one for you? Start by finding a real estate agent near Atlanta who can help you understand the market and how property management works. As you weigh up your options, here are a few factors to keep in mind.
Is Your Move Permanent?
If you know that you’re only going to be moving away for a few years, renting out your house can save you time and money in the long run. You’ll earn rent on the property and avoid the hassle of trying to find a new home when you return to the area. However, if you’re moving away for good or relocating in the same town, selling your home could give you a large lump sum immediately to invest in a new property.
Are You Prepared To Be a Landlord?
As a landlord, you’re responsible for repairs and maintenance on the property, so these costs should be factored in when you’re considering how much you can make in rent. You are also responsible for everything from screening tenants to adhering to local rental laws. A rental property management company can handle many of these responsibilities on your behalf, but for some people, simply selling the property and moving on is more appealing than taking on the role of landlord.
Is Your Home in Good Condition?
If your real estate agent has told you that your appliances need to be updated or repairs need to be made to make your home competitive on the market, then renting the property could be a good solution. Renters are more likely to accept outdated appliances and minor flaws since they are not making a long-term commitment to the property. A property rental company can help you set a realistic rent rate for your property’s condition. If you’re still interested in selling, ask a real estate agent to help you weigh up the cost of modernizing and making repairs.
Tips for Selling Your Property
When you’re selling your home, anything you can do to make it stand out in the market will bring you closer to a sale. For starters, trust the advice of your real estate agent serving Atlanta . Real estate agents know their markets and understand what buyers in their areas are looking for. If you want to cash in on a fast sale with your home, keep these other tips in mind.
Boost Your Online Presence
Buyers are turning to the internet in increasing numbers to check out available homes, so having an online presence is a must. Work with your real estate agent to create an online profile of your home that includes multiple pictures—buyers are much more likely to view a listing if it has at least six pictures than if it has fewer. Be sure to also include relevant information about your property, like square footage and school districts, to make your listing as compelling as possible.
Stage Your Property Inside and Outside
Real estate agents have long recommended that sellers turn their homes into blank canvases, so buyers are better able to picture themselves in the property. This means painting your brightly colored walls a neutral color and boxing up most of your personal items. However, while indoor staging is important, don’t overlook your outdoor area. Clean up your landscaping and listen to your real estate agent’s advice about repainting your house. Buyers love the idea of outdoor entertaining, so set up a seating area in your backyard to show them how the space can be used.
Open Up to Viewings
If you make it difficult for buyers to view your property, they will move on to the other homes on the market. Work with your real estate agent to provide flexible hours for viewing your home. Be prepared toaccommodate last-minute showings so you don’t miss an opportunity to open the door to the perfect buyer.
It can be tough to make ends meet, especially in today’s difficult economic climate. If you have fallen behind on your mortgage payments or are facing foreclosure, a short sale could benefit you in a number of ways. A short sale helps you avoid foreclosure and the accompanying headaches, and may allow you to have an easier move into more affordable housing. If you are considering a short sale, you’ll need a real estate agent with experience on your side. Short sales can be complicated, so it’s best to find a real estate agency with a proven track record to match your sale to a qualified buyer.
In this infographic from the Atlanta short sale agents at Realty 1 st , you’ll learn what steps are involved in the short sale process, from putting together a short sale package to closing the deal. Please share this useful real estate info with your friends and family!