Selling for sale by owner during the holidays. Well it's November and the holidays are coming whether you’re ready for them or not. Most people think that it's the slowest season for selling real estate but that doesn't mean you can't sell. Yes it's probably true that there is less buyers buying during these times but there is also less sellers selling. This is your chance as a seller to make your home stand out and get noticed. It's important to take advantage of this lol in the business to maximize the opportunity available to make your home the one to buy this holiday season. Yes like I said there is less buyers but that's because there is less sellers willing to list and show during the holidays. Stand out. Schedule open houses and have showing availability be a top priority to insure that you stand out among the other properties on the market. Make sure your home is showing condition ready at all times and do all the usual things to insure that your home is inviting to those doing a walk through. Many people are going to have many different answers regarding how to stage your home and what to do and not do during your processing of trying to obtain an offer. I would say that it's safe to follow these five easy tips: 1. Keep the home clean at all times. 2. Make your holiday decorations minimal or none at all to avoid pushing people away or any other issues. 3. Have set hours for viewings 4. Hold open houses 5. Remove clutter It's important to try to get as much exposure as possible for your home. Use this holiday time to mention your plans of selling to all the people you speak to during the holidays and ask them are they looking fr a new home like yours or do they know anyone they could refer that might be looking for a home like yours? This is your time to shine make your home the star of the holidays and get it sold. For any questions please don't hesitate to contact me at any time. Also remember we have special flat fee options that will save you thousands while still providing you with full representation. So save money and get your home sold this holiday season. Just ask us how. We would be happy to schedule you for our no cost no obligation initial consultation. All it is, is an opportunity to make sure that working together is the best fit for both you and our company. Asset Management and Liquidation Solutions, Inc. G@amlsonline.com 424-209-8297 California department of real estate broker’s license number 01900987 Add Comment This real estate turmoil has created the best opportunities in decades for first time buyers who are looking not only to purchase their first piece of real estate but also want to start their real estate investment portfolio. I mean for example I'm seeing duplexes in my area for less than $280k that is a huge opportunity for first time buyers. These are usually a combination of a 2bedroom home with a smaller 1bedroom home on the same property. Now if a buyers mindset is properly set by the agent and or broker that he or she is working with they'll see that a purchase like this is one to jump on. Why is it such a great opportunity well let’s do the math. 1. Total down payment required 3.5%=$9800 2. Amount being financed $270,200 3. Principle and interest payment at 5% interest $1450.49 4. Estimated MI monthly payment $252.19 5. Monthly hazard insurance aka home owners insurance estimated at $67.55 6. Estimated monthly property tax bill $281.46 7. Total monthly mortgage payment estimated $2051.69 8. Rental income conservatively $800 but in my area can be as much as $1000 for a 1bedroom back house. 9. Mortgage payment after rental income from high end of $1251.69 to as low as $1051.69 Now no matter how you view the numbers that two bedroom house is less expensive to own then renting a two bedroom apartment or small house. The two bedroom homes and apartments in our area range from low end of $1300 to up to $1600. It is a no brainner. Now we used a FHA loan in the above calculation. Of course FHA allows borrowers to purchase anywhere from a 1 to 4 unit property as long as they’re going to live in it as their primary residence with only a 3.5% down payment. The other factor that we didn't include in this calculation is that there is a tax advantage to the home owner for owning this property. Also we used an estimated interest rate of 5% witch everyone knows is high for this current market. We also over estimated on all the other figures just to be sure no one thought we were using unrealistic numbers. So if you’re thinking about buying why aren't you looking and duplexes and or 3 to 4 unit properties? Are you not familiar with the advantages? Do you not think it is a smart decision? Or has your agent or loan officer not discussed how owning a duplex at today’s prices well have a huge effect in a positive way for you and your family’s financial future? Oh but wait we're not done, I know it doesn't seem like it will ever happen but yes that property will appreciate with time let’s think 5 or 10 years down the road. Will you gain any appreciation benefits from the place your renting now, no? Maybe you say to yourself I don't want to be stuck in a 2bedroom home for the rest of my life and I sure want my own home with no one else on the property. Well look at the numbers if you bought this property save for 3years your tax return and the money you'll be saving on renting because owning is at least $100 to $600 cheaper using our calculation then you can buy a new home in 3 to 5 years and have the one you buy now not only pay for itself but also maybe even bring in positive cash flow to your family. It is a option that as a first time buyer you would regret not considering. If you'd like to know how purchasing residential income property will benefit your family please don't hesitate to contact us for a no cost no obligation initial consultation. We are a full service real estate and insurance brokerage that specializes in wealth accumulation and protection. We are not your traditional real estate agents. We look at everything and guide you through your financial goals not just regarding buying and selling real estate. We are a licensed CPR aka College Planning Relief Advisor as well as so much more. We guarantee our initial consultation is not a sales pitch but a meeting to see if we are a good fit to work together. We will make sure even if you decide that working with us isn't the best fit that you leave with information that will help your family save money. Asset Management and Liquidation Solutions, Inc. Department of Real Estate CA License Guillermo Serafin California department of insurance license number Phone: 424-209-8297 Text me at 424-265-5992 Email: g@amlsonline.com www.amlsonline.com www.shortsalesdoneez.com www.guillermoserafin.com www.truecollegesolutions.com www.flatfeefsbolistings.com www.freerealestatebuyerhelp.com 1. | Guillermo SerafinI have been in the mortgage and real estate business since mid 2004. I started as a loan officer and shortly their after learned the real estate side of the business. When I attended the real estate training taught by my first broker and mentor the first day of class I knew this was what I was supposed to be doing. I have never looked back and have always looked to expand my knowledge about the mortgage and real estate business as well as the financial markets. As I transacted in my business I learned that no one really was looking out for the client’s total interest. I mean really looking at their financial picture as a whole and assisting them to create a game plan for long term success. I thought to myself this has to change there has to be a better way.. As I did more and more research and brain storming I found that better way. I learned the fix annuity and life insurance side of things as well as the property casualty business. I’m constantly striving to learn and expand my abilities as a wealth accumulation expert. ArchivesNovember 2011 CategoriesAll |
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