Wednesday, February 14, 2018

Follow These Tips To Avoid Foreclosure

Owning a home is a huge step toward financial stability since a significant amount of cash is used in paying rent. In fact, the average investment made in renting a home is so much more than buying a home or constructing one. If you have successfully obtained your home, even if on mortgage, the last thing you need is your home going into foreclosure for one reason or the other. This post will help you avoid foreclosure.

tips to avoid foreclosure

The very fact that a foreclosure threatens to make you regress in your journey toward financial freedom means you’d best steer clear of it. Elizabeth Weintraub explains how you can do this, one step at a time:

Best Ways to Stop a Foreclosure

Home owners who are hoping to stop foreclosure often dread dealing with the facts that got them to the place of being in foreclosure. It can be depressing. If they think back to when they first bought that home, losing the home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure.

Reasons For a Pending Foreclosure

Apart from those who knowingly participate in mortgage fraud — with the intention of never making a single payment — most homeowners face sudden extenuating circumstances that force them to stop making timely mortgage payments.

Here are a few of those reasons: Read more at The Balance…

While it is true that no one actually plans to go into foreclosure, it is also true that there are steps you can take to salvage your home from foreclosure.

tips to avoid foreclosure

Guess what? Even the Government can get you out of a sticky pre-foreclosure situation. Peter J. Rawson explains how this can happen so you can get the peace of mind you so desperately want:

How You Can Get The Government To Help You Pay Your Mortgage And Avoid Foreclosure

Approximately 2.2 million Americans have an adjustable-rate mortgage (ARM) that is due to adjust this year. For many homeowners, these newly adjusted rates will significantly increase their mortgage payments and lead them into foreclosure. If you are facing foreclosure or believe you will have difficulty paying your mortgage because of an ARM reset then the Federal Housing Administration (FHA) has a new program designed just for you. Read more at Mortgage…

Sounds like good news? It’s important to do your homework and save your home from foreclosure by taking some proactive steps, which you will be glad you took several years to come.

tips to avoid foreclosure

As you work round the clock to ensure that you keep your home, information is power. If you’re wondering whether the best option is to sell the house, read the following post first:

Avoid Having to Sell Home to Prevent Foreclosure

Your home is likely your biggest asset, and your mortgage your biggest debt. Whatever you do with that asset and that debt has a big effect on your present and future financial life. If you are having financial trouble paying the mortgage it only makes sense to fully understand your options about your home and its mortgage. You likely have options and advantages you don’t know about.

DOESN’T IT MAKE SENSE TO SELL YOUR HOME IF YOU CAN’T AFFORD IT AND TO PREVENT ITS FORECLOSURE?

Maybe. But this question leads to two important other questions: Read more at Socaladvocates…

When nothing else works and you need to sell your home, then a properly agreed short sale is the way to go. If you need to sell your house fast in Hialeah, FL then Sell Fast Fair Offer is the company to work with.

tips to avoid foreclosure

We specialize in relieving homeowners of the hassle that comes with selling a house. We charge no commissions and we cover your seller’s fees for a stress-free experience. Once you call us, we will give you an offer within 24 hours, and you then get to choose when you want the closing done.

Call us today on (305) 590-8500 or visit our website to learn more about our procedure. We will be glad to be of assistance to you.

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Wednesday, February 7, 2018

Considerations To Make About Your Home During Divorce

Once you and your spouse make the decision to go your separate ways, there are several factors you need to take into account. It’s almost impossible to find two divorce situations that are exactly the same, so it’s best to carve out the path you will follow as early as possible. Many decisions will call for your attention, touching on every aspect of your shared lives. A large part of that involves around your children, if there are any. Another typical bone of contention is the marital home.

home considerations during divorce

Making the decision on what to do with the house is a challenge for any couple. The following post describes some of the common issues associated with home ownership during the divorce process:

Common Problems Regarding Home Ownership During Separation, Divorce, or Dissolution

Home ownership can represent some significant challenges when a couple decides to divorce—particularly if one or both spouses want to sell the home before the divorce is finalized.

And while community property law applies whether or not a spouse continues to live in a home he or she partly owns, there are concerns about other factors that can arise — particularly when one spouse has moved out of the home.

These include questions of who will be responsible for mortgage payments, property taxes and insurance. Read more at Family Law Attorney Cal…

You need to pay attention to the other responsibilities you have regarding the house, such as mortgage payment or taxes, among others.

home considerations during divorce

There are several ways you can approach the problem of mortgage during a divorce. Craig Berry highlights them in the following post:

Mortgage Options That Help When Facing Divorce

In the United States, a divorce occurs every 13 seconds.  When you add shared homeownership to divorce, things can get even more complicated.

Homeowners going through a divorce face a variety of difficult matters.  Your home is typically the largest shared asset, from both a financial standpoint as well as a sentimental one.

The decisions made concerning the home are crucial to long-term financial well-being.  Knowing your options as you prepare for separation can make the notion of divorce easier to manage. Here are a few recommended options you may want to consider. Read more at My Mortgage Insider…

If none of you wants to stay in the house, then selling it would be your best option, as it will allow you to clear your mortgage and have enough left over for other things.

home considerations during divorce

In a case in which one of the spouses acquires the home by buying out the other’s share, there are legal expectations that must be met. This is especially the case when the house was bought in both spouses’ names. Jeffrey Lalloway explains more about this in the following post:

How to remove your name from a house deed after a divorce

One very popular question that I frequently receive is how to remove your name from a house deed after a divorce.

Often, a divorcing couple’s most valuable asset is their marital home. In a divorce, couples are concerned about how to divide the equity in their home, which is the difference between what the home is worth and any loan on the property.

To divide the equity, the house must either be sold or one of the spouses can buy-out the other’s interest. Read more at OC Divorce…

Removing your name is important to eliminate any liability for the legal responsibilities associated with the house.

home considerations during divorce

In a case in which you opt to sell the property to a third party, you can always short sell it or choose to sell it to a real estate investor.

If you are looking for a real estate investor to whom you can sell your house fast in Opa Locka FL, then Sell Fast Fair Offer is the company to work with. We specialize in buying houses directly from sellers. Our job is to help you sell quickly and conveniently, at your own pace.

We will give you an offer within 24 hours after you contact us – one you will be very happy with. Afterwards, you get to choose when you want the closing done. You don’t have to worry about seller’s fees or commissions; we’ve got you covered. Call us today on (305) 590-8500 or visit our website for more information.

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Wednesday, January 31, 2018

Here’s What You Should Know About Selling Your Home During Probate

When you lose a loved one, there are lots of adjustments that need to be made. One of them is sharing the inheritance among the beneficiaries. If the deceased had prepared a last will and testament, it needs to be validated. During this process, the court will determine all of his or her assets and the outstanding debts and thereafter, the inheritance can be distributed.

selling your home during probate

Probate is carried out in different ways in the various states in America. In Florida, there is a specific way you can expect things to run. Julie Garber gives a comprehensive explanation in the following post:

Understanding Florida’s Simplified Probate Process

The probate process can vary a little from state to state, so Florida has its own probate rules when someone dies owning property within the state. Many states have laws in place that allow for a streamlined probate process when the value of a decedent’s estate is less than a certain amount. In Florida, this streamlined process is called “summary administration.” Read more at The Balance…

If an estate is not large, you can expect things to go a bit differently, and this could be the one you are liable for.

selling your home during probate

Wondering where to start? Well, the following post explains the basic steps you can expect to go through:

Step 1 – File a petition and give notice

The first thing you’ll have to do is file a petition with the probate court. The Last Will and Testament of the decedent will have to be admitted to probate and appoint the Personal Representative, or, if there is no will, a personal representative will have to be appointed.  You will also be required to provide notice of the probate to all interested parties – most of the time that is beneficiaries and heirs. Read more at Ohallaw…

If you are not aware of the details, it is best to get an experienced attorney to represent you because any mistake could be very costly.

selling your home during probate

Selling your home during probate is also an option when the home is part of your inheritance. Allan Coleman offers tips on how you can do this:

Tips For Selling A Home While In Probate

If one of your loved ones has recently passed away and you have been named the executor of the estate, then you may have quite a few assets to deal with. If a home is one such asset and it has not been willed specifically to a beneficiary, then the home will likely need to be sold as part of the probate process. Houses and other real estate properties can be sold while an estate is in probate. However, there are some very specific things that need to be done to ensure that the sale is legal in terms of probate law.

Get A Home Appraisal

One of the most important things you will need to do and also the first step in the home sale process involves having the home appraised. However, not just anyone can appraise the home. Read more at Zenner Consulting…

It is possible to make a good sale even while probate is going on. However, all the conditions for selling a house in probate must be met.

selling your home during probate

Once you get clearance and you need to sell your house fast in Orlando, FL, call Sell Fast Fair Offer. We are your best bet if you are looking for a legitimate buyer within a short time.

You’ll get an offer within 24 hours of calling us, and you do not have to worry about commissions or seller’s fees. The best part is that the closing date will eventually be up to you. Call us today on (305) 590-8500, or fill the contact form below.

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Wednesday, January 24, 2018

Here’s What You Need To Know When You Inherit A House

The loss of a loved one is not easy to deal with, and the fact that it comes with the need to make many weighty decisions can be overwhelming. In a situation where you inherit a house, there are things you need to keep in mind as you plan the next course of action. This post will give you the necessary information and the different options you have so you can make an informed decision.

advice when you inherit a house

The best place to start is at the beginning. Inheriting a house comes with some responsibilities you probably hadn’t thought about. Liz Wolf discusses your options:

You Inherited a House, Now What?

Inheriting a house often comes with the emotions of dealing with the death of a loved one. However, it also means making some tough financial decisions: Do you keep it and move into it? Do you rent it out? Do you sell mom or dad’s house? What happens if it’s in desperate need of repairs? And even if the mortgage is paid off, there’s really no such thing as a “free” house.

“It can be a pain in the butt and you want to make sure it’s dealt with very efficiently, because if you’re not efficient with your decisions you have costs accruing on the home – property taxes, insurance, a mortgage, home-owners’ association fees. All of these things add up,” said Paul Tharp, a Minneapolis Realtor at Coldwell Banker Burnet. Read more at Spare Foot…

An inherited house can mean different things, depending on several factors including the age of the beneficiary and the condition of the house. All these need to be looked into if you’re going to make the best decision.

advice when you inherit a house

Determining whether you can afford to wait before making any move is important. You get time to decide whether to sell the house or rent it out for some extra income, as Sarah O’Brien explains in the following post:

Deciding what to do with an inherited house

When the family home gets passed on to heirs after the death of parents or other relatives, there are three options that beneficiaries typically choose: live in it, rent it or sell it.

If you’re uncertain about what to do, even tackling the task of figuring out how to proceed can seem overwhelming, especially while grieving.

“I recommend inheritors wait if they can afford to,” said certified financial planner Mitchell Kraus… Read more at CNBC…

Avoid making a rushed decision because this is an asset you are dealing with, and whichever decision you go with will have an impact on your financial future.

advice when you inherit a house

There are other mistakes that people make when handling family inheritance issues, especially where tax is concerned. Dana Anspach highlights them for us:

Family Inheritance? Avoid These Tax Traps!

Receiving a family inheritance can be great! It can also lead to expensive mistakes. Do the most with what you get by avoiding these inheritance mistakes that others have made…

Mistake 3: Not Evaluating All Options When You Inherit a Home

When you inherit a house, your primary concern should be figuring out how to secure and maintain the home until you decide what to do with it. Can family or neighbors help? Do you need to install a security system? Can someone stay in the home? Maintaining the home will be important to protect its value. Read more at The Balance…

Once you weigh all your options and decide on the best course of action, then you are good to go. You’ll also have the peace of mind that your decision was the best.

advice when you inherit a house

If you need to sell your house fast in Oakland Park, FL the best company to work with is Sell Fast Fair Offer, a real estate investment company that is committed to ensuring your home selling process is smooth and stress-free. We give you an offer within 24 hours of contacting us, and then you get to choose when to close.

When you work with us, you don’t have to worry about seller’s fees or commissions. Our goal is to make sure you’re smiling all the way to the bank. Call us on (305) 590-8500 or fill the contact form below. We look forward to working with you!

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Monday, November 7, 2016

Learning To Sell Your Home: A Short Guide

Selling your home takes a lot of skills you may not have used before. It is not as easy as it looks, and if you are serious about selling your house, then you need to really think about what steps you will take to make a sold house your reality. Here are some steps you can take to make sure that things go well.

First, you have to know what a fair price for your home is. If you don't know, there are two things you can do. First, you can get your home appraised. An independent appraiser will be able to give you a solid opinion of your home's value. Not only that, but you will be able to see a list of comparable sales in your neighborhood which assisted your appraiser in coming up with your value. Another thing you can do to find out a fair price for your house is to check out recent sales in your neighborhood. However, you have to keep in mind that other houses may have sold for more or less than your house will, based on factors like location, age and features in the house.

Once you have a fair price for your home and put it on the market, you need to set about marketing your house. This might not be something you're comfortable with, especially if you are not used to marketing. That's why a lot of people are interested in getting realtors to help them with this step. After all, their job is to get your house sold.

Whether or not you use a realtor, you need to know basic marketing techniques to make sure that your house is being publicized. It has to show up in major databases online, and you have to make sure that you put the listing into local newspapers. To take the extra step, you need to have an Open House event where people can just come over and take a look through your home to see if it is a house that they might like.

Fix your house up. Start thinking of your house the way a buyer might. Are there weeds growing out in your lawn? Are there major broken appliances in your home? If you don't plan to fix some of the cosmetic problems, your buyers may want you to pay for those repairs. Make sure you know what the problems are, so that negotiate about them fairly and to the point.

You have to be patient. You should be able to tell from the appraiser report, or by talking to the realtor, that typical exposure time for a house is a few months. Don't be discouraged if your house doesn't sell right away. You might be just around the corner from a sale.

These considerations will help you to sell your house, if you take them to heart. Selling your house gives you a lot of options, but you must think carefully about which steps you plan to take. Use the information in this article to help you.

Learning To Sell Your Home: A Short Guide was first posted here.

4 Reasons Why Your Home Isn’t Selling as Quickly as You’d Like

You’ve put your house on the market, and months have gone by without a single serious inquiry. What do you do in this scenario? There are a number of factors that could be contributing to your home’s extended stay on the market. Here’s a list of reasons to consider:

Your asking price may be too high. 

Just because your home is remodeled and features fun and unique attributes, it doesn’t mean it will sell for any price.  The housing market will always determine how high or low your home is valued at—no matter what you feel its value is.  That being said, take the time to examine what other homes for sale in the neighborhood are valued at.  Even dropping your asking price by 5-10% could make a huge difference in perking potential buyers’ interest. Not only is a price drop enticing, it brings in a whole new demographic of buyers from a different budget bracket. And if you’re worried that lowering your asking price will lose you money, think again. Lowering your asking price even slightly, can open doors to more buyers that could potentially result a bidding war; giving you your original asking price anyway (in the best case scenario).

Your curb appeal isn’t appealing at all. 



It’s a known fact that people are less likely to be interested in stepping into a home for sale if its curb appeal is seriously lacking.  If the grass in your front yard is patchy and dead, the front fence is broken, and the home’s exterior paint is in dire need of a fresh coat; buyers notice and and are immediately put off.  Make sure you’re giving potential buyers a great first impression of your home by planting some flowers, touching up the paint job, and tending to anything else that needs fixing. For more tips on curb appeal read more on the do’s and don’t of curb appeal.

You’re too present in your home.

While your home may boast a bold, unique style; potential buyers may not dig it as much as you do.  Don’t be offended that your taste may not be “universally appreciated” – it’s not about that, it’s about selling your home.  When potential buyers look through your home, they should be envisioning their possible life there– not wondering what the current owners are like.  Consider hiring a home stagger to help make the space more appealing to buyers.

Another tip: Be sure to be out of your house during showings and open houses.  Buyers will not be honest about how they feel about the home in fear of offending the seller. Having your presence there can be off-putting to buyers, and can slow the selling process down significantly.

You don’t have a strong online presence.

These days, a reported 7 out of 10 people do research online before making a major purchase– and a new house definitely counts as such.  Knowing that, taking the time to take good pictures on your home for online listings is imperative in garnering interest in your home. Consider hiring a professional home listing photographer to take pictures of your property– or even do it yourself if you have a knack for it.  If you can spare the cash, posting a video of your home’s exterior and interior can be even more effective in sparking potential buyers’ interest.

4 Reasons Why Your Home Isn’t Selling as Quickly as You’d Like appeared first on http://dreamcasa.org