Sell My House Fast Johns Island SC Do you want to “sell my house fast” in Johns Island SC or in another area of Charleston, SC? We are the local sell my house fast Johns Island SC company and we can help. If you would like more information about how we buy homes or if you’re ready to sell your house fast in Johns Island, … Continued
While the housing market show signs of rebounding, many people in Charleston South Carolina are still struggling to make their mortgage payments.
If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.
Thankfully, there are a number of things that you can do to avoid foreclosure in Charleston. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.
So lets dive in on a couple quick tips on possibly how to avoid foreclosure in Charleston with your home.
The Keys of How To Avoid Foreclosure in Charleston Don’t Abandon Ship
Many people simply give up and walk away from their home. There are even areas of Charleston have begun to resemble ghost towns, as the economy has impacted residents significantly.
Detroit is a prime example of what can happen when people abandon their homes.
This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.
While it’s extremely stressful, you do have options:
• Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Charleston are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.
• Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.
We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Charleston are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.
We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you.
Avoid Foreclosure in Charleston SC
Give us a call anytime at (843) 800-2705 or
fill out the form on this website today! >>
It is a known fact that the longer you own a property, the more it is ultimately costing you. By selling your house quickly, you will be able to keep more cash in your pocket, putting it toward your next investment. In our latest post, we will offer tips for selling your house in a fraction of the time in Charleston, South Carolina!
As they say, time is money. The faster you are able to sell your Charleston property, the more cash you will be able to hold on to. Many people put the sale into an agent’s hands and go about their daily lives hoping a buyer comes along. To sell your house quickly, it will take a bit more work than that.
Find A Reliable Direct Buyer
Finding a reliable direct buyer is the easiest and fastest way to sell your house in Charleston. It will allow you to avoid the costs and hassles of the MLS while being able to sell your Charleston, you can be assured that you will receive a customized and fair offer based on current market conditions. We can provide you an offer right away and close in only a matter of days, as opposed to the months it may take for the house to sell via a traditional listing. Not only will you save money, but you will also save a ton of time too.
Know The Market
If you opt to list, you need to know as much as possible about your local market. What are houses in the area actually selling for? How long are properties typically staying on the market? Are there improvement or beautification projects happening in the area that you can highlight? What are the demographics of the people buying in your neighborhood? What can you do to market the house to them? By having a realistic perspective of the local market, you will be able to price, market, and sell your house quickly.
Price Below Others That Are Currently Listed
You don’t want to sell yourself short, but by pricing your house slightly lower than the other comparable houses in your neighborhood, you will attract more attention to the property. People will always look at the lower prices homes, even out of pure curiosity. This is a great way to get your house seen by many prospective buyers in the Charleston area.
Professionally Clean And Stage The House
This is where the real work can come in. To sell the house quickly, it is wise to clean the house from top to bottom, getting rid of any clutter lying around. Some people opt to put their personal items in storage while the house is listed. This will get everything out of the way, making your moving day that much easier. With the house free of all personal belongings, you can then opt to stage the house with a few decorative items or hire a professional to do it for you. You should keep things pretty neutral. Make the prospective buyers fell at home, yet don’t make things too personal.
Marketing Costs Can Be Worth It
Some people try to save money when it comes to listing and marketing the property, but this can be a mistake. For some properties, they need that extra boost in order to get their house some attention. Put your house on all the popular listing sites such as Trulia, Zillow, Homefinder, and Homes.com. You should always try to get the best photos of the property as you can. Take the photos when the house is free of all clutter and the lighting is good. Many people choose to hire a professional photographer, ensure they the have the best photos of their home as possible.
Pay Attention To The Yard
Oftentimes, sellers will put so much effort into the house, that they end up neglecting the yard. For many people, a house can sell them a house whether they know it or not. People will make subconscious decisions about your house from their very first impressions. These impressions are often the front yard and the entryway area. It important to have nice landscaping, that is regularly maintained. You should also make the backyard look as nice as possible, making sure there is no debris or clutter lying around. You can also arrange a dedicated seating area and remove some of the unused items that are likely sitting around the yard
Overall, a direct sale will be the fastest and most efficient way to sell your Charleston house. If you decide you would rather list, utilize our tips to find a buyer for your house. If you would rather avoid the costs mentioned above, and sell your Charleston house in a fraction of the time, we are ready to make you an offer!
Interested in selling your house in a fraction of the time? We can help you with any Charleston area house! Contact us today for more info! (843) 881-7171
The post Tips For Selling Your House In A Fraction Of The Time In Charleston appeared first on We Buy Charleston SC Houses.
We Buy Houses Scams You may have seen signs all over that have signs that say, “We buy houses for cash” and wondered what was going on with this type of fast home sale. A lot of people dismiss these types of companies as a scam, because they’re not yet familiar with them. Are they … Continued
Do you know about the costs of selling your house in the Charleston area? Learn what to expect before putting your house on the MLS, selling on your own, or working with a direct buyer. You might be surprised at how the costs of selling can eat away at your profits!
Selling your house can be expensive. There are a number of things to pay for both before and after the sale. If these costs are particularly high, a direct sale will be a far better choice. In our latest post, we will dive into the costs of selling your Charleston house using the three most popular methods. Compare all of your options before selling your house in Charleston!
Costs Of Listing
This will vary based on the agent you choose to hire. You will typically be paying about 6% of the final sale price to the agents involved in the deal. With some agents, you will also face costs for marketing and administrative services. Be sure you know what’s included before signing a listing agreement.
Whether or not your agent includes marketing services in their rate, there are a few marketing costs you consider adding. For example, many sellers will hire a professional photographer to take pictures of their home. Some will utilize videographers or even drone service companies to get aerial shots of the property. You might also want to upgrade your online listings to “premium” so they show up at the top when people are browsing through houses in your area.
Most houses will require at least a few repairs before going on the MLS. Once a buyer has been found, there will likely be negotiations as to who makes the repairs found during the inspection. You can negotiate to either make some of these repairs or discount the sale price of the home.
Cleaning And Staging Costs
Most sellers will have their homes professionally cleaned before putting it on the market. Many will remove personal belongings and clutter, storing all unnecessary things elsewhere. Some will even hire a professional stager to come in to make the house look as if it came out of the pages of a magazine.
In a typical home sale, the seller will need to pay about 2% of the final sale price in closing costs. This can be negotiated up or down between the buyer and seller, but 2% is typically what you can expect to pay.
Continued Ownership Costs
Listing your house with a Charleston real estate agent can take a few months. During this time, you will still be responsible for the property taxes, utility bills, homeowners insurance, maintenance, landscaping, and possibly a mortgage. When you add up all the expenses of owning the house each month, it can amount to thousands of dollars!
Costs of An FSBO (For Sale By Owner) Listing
While trying to sell your house on your own will help you avoid commissions and agent costs, there are other costs to consider. In addition to many of the costs above, here are some additional costs to expect when selling your house in the Charleston area.
Heightened Marketing Costs
When listing your house, the addition of extra marking is at your discretion. However, when you are selling on your own, 100% of the marketing is up to you. You will have to pay for all online listings, printed materials, signage, and open house costs. You will likely want a professional photographer to come in to help you present the house in the best light. You can also opt to add things such as virtual tours or videos of your property.
House Preparation Costs
Getting a house ready for a sale can take a lot of work. As with a listing, there are a number of things that will need to be done before the house is advertised for sale. You will need to thoroughly clean the house from top to bottom. You should make any needed repairs, and be prepared to make more after the inspection process. Many sellers will also face storage fees for their unnecessary items, as well as the cost of a professional stager or decorator.
The Price Of Your Time
When you choose to sell the property on your own via an FSBO listing, you will find yourself spending an excessive amount of time dealing with the sale. You will need to be available for showings, create listings and marketing materials, respond to questions, process paperwork, handle negotiations and more.
Costs of Selling Directly
When you opt to sell your Charleston house to a buyer such as South Carolina Homes, you will be able to avoid all of the selling costs mentioned above. There are no fees, repair costs, or even closing costs. We buy directly, as-is, potentially saving you thousands of dollars along the way.
Do you want to avoid the costs of selling real estate in the traditional way? We are here to help! Contact us today to learn more! (843) 881-7171
The post Understanding The Costs of Selling Real Estate in Charleston appeared first on We Buy Charleston SC Houses.