The single most important factor to consider when selling a house in Hampton Roads is the home price tag: how much your house is worth. You don’t want to overprice the house because you will lose the freshness of the home’s appeal after the first two to three weeks of showings. After 21 days, demand and interest wane. On the other hand, don’t worry about pricing it too low because homes priced below market value often will receive multiple offers, which will then drive up the price to market. Pricing is all about supply and demand. It’s part art and part science, and no two agents price property the same way. Look at every similar home that was or is listed in the same neighborhood over the past six months. Compare similar square footage, within 10% up or down from the subject property, if possible.

The price you can get for your house depends on whether the present market is a buyers market, a sellers market or a neutral market. A buyer’s market exists when there are a lot of homes on the market and very few buyers competing for that inventory. Typically, an inventory of more than six months of homes is considered a buyer’s market. When inventory rises, buyers have more choices and can take more time to choose. In addition, prices typically fall to meet the demands of the buyers. A seller’s market exists when there are a lot of buyers vying for little inventory. Neutral markets are balanced. Typically, interest rates are affordable and the number of buyers and sellers in the marketplace are equalized. The scales don’t tip in either direction, meaning the market is normal without experiencing volatile swings. 

If you are looking to sell your home fast in Virginia Peninsula cities of Hampton, Newport News, Poquoson, York County- Yorktown, Williamsburg, and James City County and the Hampton Roads/Tidewater cities of Suffolk, Norfolk, Virginia Beach, Chesapeake, Portsmouth, Smithfield, Isle of Wight and you want the best price, no matter what the market situation is, contact www.757webuyhouses.com NOW. We buy houses ‘as is’ at a Fair Price on the Date of Your Choice in any type of market

Remember back in the day, where the Realtor would bake cookies or an apple pie to help put prospective buyers in a buying frame of mind.  Well, now days it takes more than making your house smell warm and inviting to make it more appealing to those who come to look at it.  It’s take careful planning and knowing how to leave a lasting impression on the home buyers.

Two simple words for you, Home staging is the act of preparing a home (and the contents of the home) for sale, with a special emphasis on presentation and appearance.  By decorating and arranging a home’s interior to present an ideal way of life, buyers are assisted in visualizing themselves in your home. 

Basically, there are five steps to home staging.

• Clean it up
• Getting rid of clutter
• Depersonalizing
• Decorating and accessorizing Maintaining

Clean it up

Even though it may be tough to live in a spotless home ALL the time, this is a necessary change when selling your house.  Make sure you maintain the clean you’ve achieved, even if it requires hiring a house cleaning company.

Getting rid of clutter

Remember that how you live in your home and how you sell your house are two entirely different things. You’re going for a “show home” look! Go room by room, closet by closet, and look at every item. Then decide whether or not you will keep it or donate/sell it!

Depersonalizing

Your charming family pictures, children’s artwork on the refrigerator, and shelves full of sports trophies may mean a lot to your family, but it makes buyers feel as if they are intruding in personalized home. Pack away your personal items into storage.  This help buyers picture their things in your home without having to get past your personal belongings.

Decorating and accessorizing Maintaining

You don’t need to spend a fortune. Even fresh flowers in a vase brighten a bathroom counter. A fresh coat of paint doesn’t cost very much but will add a lot of impact.  New window treatments, fresh flowers, green plants and pretty accessories all pack a punch without breaking the wallet.

Are you facing a foreclosure or pending default? If you are heading towards the foreclosure route, you need to stop it before it affects every part of your life. You are already under stress enough because you have fallen behind on your payments. Foreclosure create even more stress, can destroy whatever is left of your credit rating, and leave you wondering where you are going to live.

The only guaranteed way to stop a foreclosure process is to pay off your mortgage debt. In simple terms, if you are behind by three payments, you’ll need to pay them plus any other applicable fees immediately. Sounds simple enough but if you have had difficulties keeping the payments up to begin with this simple task is almost unreachable.

Approaching the bank or lender after foreclosure proceedings have started is one way to try to stop foreclosure. However remember they are more than likely to want the amount you are already behind before they will continue any sort of amicable conversation with you. So since you are facing the worst case scenario, what should you do?

If you are unable to bring your monthly payments up to date, the only solution may be to sell your home quickly to avoid foreclosure. If you have other assets that you can sell, that may be an option as well. Attempting to pay it up using credit cards is really not advised as you will find yourself in a bigger financial mess than what you are already in.

Selling your home to a professional real estate investor, is the quickest and most economical thing you can do to stop a foreclosure. You can salvage what is left of your credit rating and stop the legal process against you. It is a difficult decision but one that you cannot put off at this critical time.

If you can find a way to make up your back payments quickly without getting into further financial difficulty, that should be a priority at this time. When looking at things realistically, and seeing that the only way to resolve this is to sell your home you must act quickly. Many real estate investors can close on your house in as little as seven days in some cases.

Foreclosure is a scary thing and difficult situation to deal with alone. Take action and talk with a real estate investor today and begin to take steps to stop the legal proceedings and start getting your financial life back on track