Holding costs can be a big consideration for property flippers and for those selling a home on a tight timeline. Here are a few things you need to know.
Whenever you understand as much as possible about your competitors, you’re in a better position, which holds especially true when concerning selling an old property. There are many differences between selling an old and new property, including the potential market value and final sales price, with the new property selling at substantially higher prices. With … Continued
Real estate offers many benefits if you are looking for a smart way to reinvest your cash when selling an old house. As a tangible asset, it cannot disappear overnight and while there are market fluctuations, they tend to take longer in real estate. Wise investors can maintain vigilance over national and local market trends … Continued
A damaged home in Charleston can be a nightmare to sell. Most buyers are not interested when there is visible damage on a listing, preferring homes ready for immediate occupancy. However, if they have the time, inclination, and finances to take on a project, some buyers may take a chance and toss an insultingly low … Continued
If you’re on the fence about selling your investment property, it never hurts to be well-informed on the various indicators your property may fall under. Read on as we explore these five signs that it’s time to sell your Charleston investment property! Aging When major systems like the HVAC or structural components like the roof … Continued
Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround … Continued
Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued
When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued
Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Charleston. Short Sale After attaining the approval of their lender to sell for … Continued
Not all home sellers fit perfectly into the traditional real estate listing mold, nor do they reasonably fit into the direct sale category. So Coach Buys Homes has found a way to combine the power of working with a highly educated local real estate agent with the market know-how of a local professional investor into … Continued
As sellers learn about the changes in the ever-evolving world of real estate, more are reaching out to iBuyers as a solution to sell. iBuyers utilize technology to quickly assume properties, making all-cash deals for homes without sellers needing to invest in prepping their house for the sale, dealing with showings or making repairs. However, … Continued