Sellers, trying to decide whether to hire an agent or go it alone? This may be the biggest decision of your life. Selling to a professional buyer is an alternative that could save you thousands! Traditional listings leave you facing an unknown end date while taking all the legal risk and paying for all the charges involved when selling a home. When making any important decision in life, it’s best to go into the venture with a realistic understanding of just what will be involved. Most especially when the consequences of being ill-informed could leave you severely indebted at a time you may already be stretched to your limits. Discover these 4 ways selling your house now in New Jersey will save you money!
Selling Your House As-Is
Absorbing additional losses when selling your house is the last thing you want or need. Especially if the property is older or has serious issues. In traditional listings, you may ultimately be responsible for repairs. Even if your property is listed “As-Is.” Listing your home with an agent or by yourself can leave you open to exorbitant surprises after an inspection. Depending on the problem discovered, you could be spending thousands of dollars for labor and repairs. There could even be potential legal risks associated with disclosure laws. All of these costs are subtracted from the purchase price originally offered. Not only can this be extremely disheartening, but it could completely wipe out the plans you’ve made for your future. By working with professional buyers, you’ll know the offer is one you can depend on being a firm price. You can avoid legal headaches and keep your money instead of paying for repairs. By selling now to a professional buyer you can literally walk away, which is another way selling your house now in New Jersey will save you money.
Marketing Costs
Whether you are considering taking it upon yourself to sell your own home or working with an agent, there is simply no way to avoid the need to market real estate. No matter who is in control of your marketing plan, you’ll be the one who pays. Depending on the budget outlined, you’ll want to include professional-grade photos, 360-degree, and virtual tours with professional drone footage, which are all the norm for today’s online buyers. Most real estate agents are now including staging expenses in the marketing plan, along with bringing your interior and exterior up to magazine quality presentation. This could mean anything from touch up paint to renovations and modernizing the property to suit the needs of your potential buyer. Likewise, standing out in searches means paying to be on the main real estate sites. Avoiding all of these costs when selling your house now in New Jersey will save you money.
Closing Costs
After finally maneuvering your way through the sale, it’s time to sit down and collect your long-awaited funds at the closing table, which may be virtual given today’s business models. Bypassing these charges at closing by selling your house now in New Jersey will save you money. The largest of these deductions from your sale is in commissions if you work with an agent. Title insurance, which protects the buyer against any problems with your title, is commonly paid by the seller as well. Again, you’ll be facing another outlay for transfer fees, recording fees, and property taxes, which can vary depending on how the contract was written and the day of the month you actually close. Certain fees will be locked in, discounts on some services required for closing the transaction, and transferring the funds can be found by shopping around.
Holding Costs
Be it due to foreclosure or other changes in circumstances, a looming deadline that could spell personal financial disaster can lead to anxiety. If you’ve been forced to move before the sale has closed, you may now be facing the monthly bills and maintenance responsibilities of two properties. In traditional listings, contracts often contain contingencies, such as waiting for the buyer’s home to sell before you can close, which means your sale definitely is not guaranteed. Often, inexperienced buyers end up backing out of deals after several weeks have passed, due to lack of qualifying for financing. By working with a professional buyer, you can alleviate the stress involved for everyone in waiting for closing. Having a quick guaranteed closing date when you are selling your house now in New Jersey will save you money.
Just leave it all to our professionals. Imagine! No more concerns over financing your life while you are holding out for the closing, repairs, marketing, or closing costs. All you need to do is sell to The Cardwell Thaxton Group, we handle everything for you. Selling your house now in New Jersey to The Cardwell Thaxton Group will save you money. To learn more about what we can offer, send us a message or give us a call today! (908) 456-1593
STEP 1
We research the details of your home and start crafting a great offer for you.
STEP 2
We present you with a fair cash offer with no obligation and no fees.
STEP 3
Get the cash you need now. You do NOT have to wait 6 – 12 months to get your house sold.
Need to sell your house in New Jersey? Tired of waiting for the right buyer to walk through the door? When a property lingers on the MLS it can send a signal to buyers that there is something wrong with the property, or it would not have been sitting on the market for so long. Should you find yourself in this predicament, identifying and resolving the problem is the key to getting your house sold. Here are some things you can do if you can’t sell your house on the MLS in New Jersey.
Lower Price
Reassessing your asking price is one move you can make if you can’t sell your house on the MLS in New Jersey. If your home is overpriced, no matter what other fixes you may try, this issue cannot be overcome without a change. Emotional attachments can add a significance and value to our own homes that others simply cannot appreciate. Comparing properties in order to determine the right asking price can be difficult for a novice. This is why it is extremely important to do your own review of the listing price of current homes similar to yours on the market, as well as what they have been selling for. While it can be costly, a professional appraiser can help you and should be happy to answer any questions you may have about how they came to their determination.
FSBO
Selling your home as an FSBO, or for sale by owner, is another option if you can’t sell your house on the MLS in New Jersey. Buyers prefer to move into homes that are move-in ready, easily imagining enjoying the convenience and comfort of the home, and they are willing to pay more for this convenience. If your strategy is to save money by not staging the property, with neutral tones and a lack of personal belongings visible to potential buyers, this could be another problem that you may need to rectify to attract more buyers. If you do stage your property, you may also need to rent a storage unit, for your own furniture and other extra belongings that are not being used on a daily basis.
Update
Curb appeal, basically how attractive the entire property appears to a viewer driving by on the street, may be the problem. If your home has outdated decor and is antiquated in design, buyers may not be able to imagine living in the property. Should your property not “fit in” with the surrounding properties, the lack of conformity may affect the valuation of the real estate appraisal. Additionally, buyers may be unwilling or unable to put in the work, money, and time to remodel the home. Updates to decor, appliances, and even remodeling is something you can do if you can’t sell your house on the MLS in New Jersey. By making this investment to bring the interior and exterior up to more current standards, you are likely to see much more interest in your home. Regrettably, all of these efforts mean even more time will pass before your home will sell and can easily add up to thousands of dollars. At the end of it all, whether you listed your home with an agent or are selling on your own, you are left without the guarantee of a buyer.
Repair
Making necessary repairs is another thing to do if you can’t sell your house on the MLS in New Jersey. Selling your house in the traditional method of listing, either on your own or with an agent means fixing any issues out of pocket before the property closes. This could include thousands of dollars in repairs, depending on what problems are discovered by the inspector. Hiring your own inspector to identify any major repairs that are required can give you a realistic picture of the work required. Next, have a professional in that industry, such as a roofer, give you a reliable estimate. You will want to be certain to invest the time to make yourself fully aware of all local, state, and federal laws governing disclosure when conducting the sale of real estate either on your own or through an agent. Sadly, you could face legal ramifications, even if you were unaware of a problem with your property before the sale.
The Easiest Solution…
What if there was one simple step to take when you can’t sell your house on the MLS in New Jersey? The solution is a direct sale to The Cardwell Thaxton Group! If you would rather save your time and money while skipping all of the headaches and expenses of listing yourself or with a real estate agent, The Cardwell Thaxton Group is here to help. With The Cardwell Thaxton Group will be buying your property as-is, our vast experience means understanding the risks and expenses involved. With The Cardwell Thaxton Group your closing date is quick and guaranteed. Why not just sell directly to The Cardwell Thaxton Group? Call us at (908) 456-1593 today!
Considering selling your house in New Jersey? You’ll want to understand your listing costs first. It’s important to understand all of the options available when you’re selling your home. While the go-to method of home sales is to list in the traditional method, either through a real estate agent or on your own, many homeowners don’t realize they will be paying much more out of pocket by choosing either of these methods. We’ll explore some of the listing costs to expect when selling your house in New Jersey and how to avoid them.
Repairs – Before and After Inspections
Prepping your home to be in selling condition may be one of the largest of the listing costs to expect when selling your house in New Jersey. Sadly, sellers must pour money into the house, after having listed the home with an agent or on their own. Inspections can sometimes deliver the worst of news, especially in older homes. Structural issues, foundation, or even plumbing problems can literally run into thousands of dollars in many cases. In order to remain within the local, state, and federal laws governing real estate sales, any known issues with the home that devalue the property must be disclosed. Otherwise, you could end up facing legal fees and penalties. In order to avoid this, you could make a direct sale. With a direct sale to The Cardwell Thaxton Group, we take on the risks, buying your home as-is, eliminating any concerns over the costs of repairs.
Commissions and Agent Fees
The services of a real estate agent can be one of the highest listing costs to expect when selling your house in New Jersey, as the agent’s high commission and additional fees eat away the profits. You should carefully consider the benefits of accepting a cash offer from a professional buyer and avoid all of the expense and the built-in frustrations of the listing and showing experience. When you work with a professional buyer like The Cardwell Thaxton Group, there’s no need to concern yourself with the hassles of keeping your house spotless, showings, or the outrageous expenses of a traditional sale. The price you’re quoted is the amount you’ll receive for the property.
Marketing
Marketing is the objective of listing and must be budgeted for in the costs to expect when selling your house in New Jersey. While yard signs still bring in buyers, the internet is the new highway that brings buyers to your door. Merely listing your property on the MLS is no longer enough to be caught in the swift-paced stream of online listings and the variety of sites that users frequent. All of this additional marketing adds up to additional costs, which you as the seller are responsible for. Working with a professional buyer like The Cardwell Thaxton Group lets you avoid these expenses.
Professional Photography and Marketing
Agents will have demands of you as the property owner which add even more to the listing costs to expect when selling your house in New Jersey. In order to compete, online listings require the highest quality photographs, submitted by a professional photographer. This may also include the services of a professional drone pilot for virtual tours given today’s high demand for this feature on listings. You can avoid the behind-the-scenes expenses that come along with traditional listings by selling directly to a professional buyer like The Cardwell Thaxton Group.
Closing costs for the seller must be considered as well in the listing costs to expect when selling your house in New Jersey. While some of these costs may be negotiated in the contract, you will be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs. It’s very easy to avoid these costs by selling your home to a professional buyer like The Cardwell Thaxton Group because we pay all of the closing costs.
Real estate agents can only inform you of the average time a house is on the market with a traditional listing. however, they cannot tell you a specific closing date. Regrettably, when you list, at the end of all of your work, the buyer could be denied financing. For those who have moved forward with plans and already moved or those who can no longer financially afford the house, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in New Jersey. Now, to avoid them there is another option to sell your home quickly, with a definite closing date and firm offer from The Cardwell Thaxton Group!
It costs a small fortune to sell your house in New Jersey! Why not start off on the right foot? Avoid the listing costs you’d normally expect to pay by selling to The Cardwell Thaxton Group instead! Contact us at (908) 456-1593 today to find out more about what we can offer you!
When you begin your journey flipping homes, there are some things you need to know, and other things you will want to avoid. We’ve put together some tips on how to sell a fix and flip house fast in New Jersey.
Flipping a home in New Jersey can be a great way to turn a profit, but it is never as easy as it appears on HGTV. We hope our tips and tricks will help you sell a fix and flip house fast!
First You Must Understand Your Location and Market
They say a home’s value is based on location above all else. 60% of the home’s value comes from where it is located on the map. Home prices may vary drastically as you move from neighborhood to neighborhood.
A house that might be a great value in one part of town, may sell for considerably less just a few miles away. Make sure you have done your homework and have a good understanding of home prices in YOUR neighborhood.
You will also want to have a grasp on the demographics in the area. Who is buying? Families, seniors? What are they looking for, and what can they afford?
Don’t Over-Improve The Home
When making improvements to a home you plan on flipping, remember that less is more. There are no guarantees that you will recoup the costs spend to fix it up. Replace things that are not working or that appear very old but leave it at that.
Do not sink money into a home adding excessive details and upgrades. If bathroom cabinets are old and ugly, replace it with a simple (and cost effective) pedestal sink.
Always keep in mind, that no matter how many upgrades you make, a home will not sell for $500k, when the neighboring homes are going for $150k.
Price Your Home Before Anything Else
Before you sign the papers to buy the home, have the number in your head of what you will sell it for. Be careful not to overinflate this number. You should be pricing low in order to get a buyer and sell the home fast.
Be realistic and stick to your numbers. Do not think that by making a $40k renovation to the basement, you will be able to add $40k to your asking price.
Review all your numbers before getting started, and keep in mind, repairs typically require more money than what you initially plan for, so give yourself some cushion.
Only Drop Once
When you initially price your home, give yourself enough room to drop the price once. Plan to make a significant drop of $5-$10k if the house isn’t receiving much attention at your original asking price.
You will only want to drop the price once. Dropping the price more often can make the house appear as if something is wrong with it, or that you are desperate to sell.
Before starting any real estate investment project, it is important to educate yourself and work with professionals you can trust.
To learn more about selling a fix and flip home fast, give our office a call today! (908) 456-1593