When selling a house, most sellers are attracted to the instant cash received after the close of a sale. But do you know that there are better options out there in the DFW market? Yes, you read that right. There are more profitable options than just selling your house fast for cash and one of them is “owner financing” or “seller financing”.
Oftentimes we get asked, “What exactly are the advantages of selling our house to an investor?” There are many advantages and, of course, if we tried to write about all of them here, you would probably be scrolling down the page for quite a while. The top 3 key elements that we focus on here at Receptive House Buyers are Fairness, Speed and Costs but we'll also let you in on a couple others.
In simple terms, Market Value is the actual and current worth of your home in the Dallas/Fort Worth market based on other recent sales nearby. Whereas, assessed value is characteristically based on a percentage of the appraised and reviewed value. Although preferably a home's assessed value should match its real market value, this is generally not the case.
While there can be many descriptions for a “distressed” property, there are several that we find common amongst the people we have helped over the years.
For homeowners who are facing the prospect of foreclosure, the thought can be a scary one. In addition to losing your home, your credit rating will take a substantial hit which makes it tougher to secure the mortgage for your next home.
What makes the process of foreclosure worse is the seeming inevitability once you realize that making the next payment is not going to happen. Whether the situation is a temporary one of having to pay an unexpected medical bill or if you should lose your job, once the pattern of missing payments begins it seems that the process will eventually lead to foreclosure.
The act of foreclosure is not an inevitable one as many homeowners facing that situation might believe. This is because there are actions you can take to help halt the process of a foreclosure sale even if you do not have the money to make the payments. The key is to act as soon as possible so that you can address the situation as long before the foreclosure sale as possible.
The real estate market has finally stabilized, but this doesn’t mean that homeowners can sell their homes easily. The situation gets even more complicated during the winter period. The majority of real estate specialists claim that summer months are ideal for this type of activity, but there are certain things that every homeowner can do to sell their home during the winter period without any hassles. In this article, we will reveal some of the best tips for this winter home sales.