Sell your house in a down market using This technique!

www.rebeccamarina.com So what if the market is down- there is still the prefect match that needs your house. Might sound silly…but it works! Use these techniques and watch your house sell quickly. I did this and sold my house to the very first ‘looker’!
Video Rating: 4 / 5

www.fittosell.ca – Learn why hiring a RE/MAX Real Estate Agent can help you understand your current local housing market, determine the correct listing price which will obtain a quick sale of your home. Depend on your RE/MAX agent to develop a market analysis, set a marketing strategy, and effectively promote your home to buyers through Remax.ca, Remax.com, and the RE/MAX network of agents. RE/MAX sells 1/3rd of all homes in Canada. Choose Wisely. Choose RE/MAX

Sell Home Fast – No Hassle From The Open Market

www.sell-home-fast.co.uk – We can buy your house fast for CASH (exchange contracts within seven days). There will be no cost to you – no further mortgage payments, no estate agent’s commission, no hidden charges, no survey fees or legal fees.
Video Rating: 0 / 5

Squatters have pledged to set up a “free school” in two properties owned by film director Guy Ritchie which they have taken over in central London. The adjoining town houses, located in Fitzroy Square, Fitzrovia, have been occupied since Sunday by a group called Really Free School. A repossession order, issued by Central London County Court, has been taped to the doors by the star’s solicitors.
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Quick House Sale on the Open Market

Quick House Sale on the Open Market

Quick House Sale on the Open Market


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Quick House Sale on the Open Market

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When you sign with an estate agent you know up front exactly how much money you will lose out of your sale price to pay their commission. What will they do to earn that much money? Well, they will list your home in the multiple listing service so that it will be available for all the buyers in your area to see. A potential buyer may be relocating to your area will need to check ads online, instead of visiting the area. Agents also eat the costs of advertising up front and handle open houses for you if your prefer. They should also be familiar with your area and know how much your home is truly worth on today’s market. But this doesn’t guarantee a quick house sale. If you’re willing and able to do the preparation there’s no reason why you cannot successfully market your own home and keep that commission in your pocket.

Here are some tips to help you make a quick house sale while earning the largest profit margin.

– Price Your Home Right from Day One
Homes that are priced right from the onset sell the most quickly. There are two reasons for this. Number one, the price you choose will attract customers looking to buy a home in that price range. If you price your home too high customers will be expecting amenities or square footage your home does not offer and walk away disappointed. You’ll also be excluding buyers who are looking for a home like yours because they thought your home was out of their price range. Eventually you’ll need to lower the price in order to sell it. By then your buyer will see it’s been on the market for a long time and think something is wrong with it because it hasn’t sold yet. They will then offer you an even lower price because they’ll think you’re desperate to sell it, which at that point you might be! To make a quick house sale you’ll need to be brutally honest with yourself on how much your home is truly worth in today’s market, not how much you paid for it when you bought it, and not how much you want or need it to be worth.

– Hire an Interior Decorator or Home Staging Company
You may think your home looks just fine but because it’s your home you’re not as objective as a potential buyer will be. Property stylists will come in with a keen eye and have extensive experience in getting your home sold. They may suggest you need to do some painting or repairs, but at a minimum they’ll want you to remove all the clutter. Remove personal items such as photographs because they draw attention away from your home. Research has shown that hiring a home staging company make a a quick house sale on average of one third to one half of equivalent properties, while at the same time receiving offers ten to fifteen percent higher than their competition.

– Hire a Professional Photographer
Once you have your home staged and ready to go you should hire a pro to photograph it for your marketing. While the ads with photos are usually more expensive, you’ll reap the rewards because photographs entice a greater number of potential buyers to come out and view your property. As they say, a picture is worth a thousand words! Professional photographers will be able to capture the essence of your home in a way that will have more people interested in your home, increasing the chances that it will be a quick house sale at your asking price.

– Don’t Forget the Garden
Curb appeal is a must! A potential buyer may fall in love with the photos in your ad but when they see the outside it doesn’t match up to the beautiful interior. Research has shown that a potential buyer will get their first impression in the first ten seconds of viewing your home, and they usually see the outside first! What does the outside of your home tell your buyer? A well groomed yard will get your buyer one step closer to making that offer.

– Schedule Open Properties and Advertise in Advance
By scheduling an open property at different times and different days of the week you will enable more buyers to see your home. Homemakers may want to stay home with their family on the weekends because it’s the only time they have together, but can come while the kids are at school. Some people work weekends and late shifts. Open your home at different times and make sure you advertise at least a week in advance. Don’t forget to put up bright signage or balloons so your potential customers don’t get lost on the way to their new dream house!

 

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I’m a British property buyer and have written this article to answer some of the many questions my customers ask me daily

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I’m a British property buyer and have written this article to answer some of the many questions my customers ask me daily

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The number of surveyors who reported a significant drop in house prices in January, exceeded those who reported rises by 54.7%. January 2008 was the sixth consecutive month in which falls out-numbered gains.

January saw the highest negative balance since November 1992 when the figure reached 60.1% after increasing for the five months previous. In December 2007 the figure showed was 49.1%, up for 3.1% in August.

A growth of 40% in the average number of unsold properties per surveyor since September has also been reported, this is the largest growth since February 1999. Analysts believe that this survey will spark even more fears of a sharp housing market correction.

The chief UK European economist for Global Insight, Howard Archer, said: “The very weak January RICS survey will heighten concern that the housing market is headed for a sharp correction in the face of stretched affordability and tighter lending practices resulting from the credit crunch.”

RICS has said that the slowing demand for property when contrasted with the lack of supply has caused the rapid price falls, the credit crunch has deterred would-be buyers from entering the market. The fear of rejection for a mortgage applications, unsteady house prices and wavering interest rate are stopping people who are not already on the property ladder, from jumping on during an uncertain market.

The rising number of house repossessions in the UK in recent months because of missed mortgage payments is also a constant worry for people looking to purchase a property. The credit crunch is meaning that people’s money is spread even more tightly than usual across debt repayment and necessities, making it harder to keep up with mortgage payments.

A spokesman for RICS, Jeremy Lead, believed that banks will have to pass on the Bank of England’s 0.25% rate cut to borrowers if demand is to be increased and the market stimulated once again.

He said: “A lack of demand and confidence in the housing market is clearly behind the recent price slowdown. Tightening mortgage lending criteria is a block to many who are keen to take the housing market plunge.

“Agents are finding it difficult to market properties to an audience which has decided to watch the current economic theatre from the wings.”

He continued by saying: “However, if mortgage lenders filter the recent interest rate cuts into the market, demand should begin to increase.

“In the near term, the housing market will continue to be shielded from significant price falls while employment conditions are strong. The market need only fear a significant fall in prices if job losses start to multiply.”

It seems the fate of the property market lies in the hands of mortgage lenders and advisers, to keep the property market above water these companies must adhere to recommendations and Bank of England moves on interest rates. This will keep the market buoyant for lenders, advisers and mortgage lead companies.

The place in the UK that has been hit hardest by falling house prices is Northern Ireland, the balance here is 88%, the North of England saw a figure of 72% and the North West saw the low number of 66%.

Scotland was the only place who managed to avoid the damage, here there were 5% more surveyors reporting losses as opposed to gains. It seems that bonny Scotland is popular as ever with house buyers and the property market continues to boom north of the border.

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By mid 2007 house prices were still rocketing with the early predictions for 2007 to be that house prices would continue to rise possibly by around 10%.  That was before sections of the investment world realised that their money had been invested in the US’s collapsed housing market.  With that realisation, money was pulled out of the system and lending came to a near standstill.  We know the rest of the story.

First time buyers had been priced out of the housing market and were fearing that the longer they out of the market, the harder it would be to buy their own place.   Family members would contribute to a deposit, friends could co-own a property with a shared mortgage, or people decided saved and rented meanwhile.    Now, with house prices set to fall further in 2009 affording a house will become easier.  In fact, according to The National Association of Estate Agents (NAEA) the proportion of first-time buyers entering the housing market in November 2008 increased for the third month in a row.  First time buyers accounted for 10.4% of all properties sold, up from 8.3% in August. 

Cash buyers are the next winners.  Cash buyers will be able to buy a property without having to secure a mortgage and will be the crème-de-la-crème of buyers, so sellers will be more likely to lower their price even more to secure them. 

Investors buying property at auctions to renovate or to let out are winners too.  As reported in the Guardian, the average price of a house sold at an auction has fallen by 31.1% in the three months to November, compared with the same period a year ago. This is more than double the falls reported by Halifax and Nationwide. 

Homeowners wanting to move up the property ladder could also be winners.  Assuming a mortgage can be secured, the percentage fall in higher priced property will equate to more money in your pocket.

The main losers are those that bought at the height of the property boom and now are facing negative equity for a number of years.  For some homeowner, the recession and the expected redundancies may equate to mortgage payments being unaffordable.  As such, house repossessions are expected to rise by 67% from 45,000 this year to 75,000 by the end of 2009.  This includes homeowners and landlords whose rental income no longer covers the mortgages. 

In terms of life satisfaction, sellers waiting to sell are losing out on a daily basis.  They want to move house, yet are stuck where they are until they find a buyer.  In the meantime the value of their property is falling and they are losing money.  Estate agents are trying to drum up business by holding a high-street end of year sale.  Yet, moving over Christmas and the holiday season is historically a quiet time for estate agents and the housing market in general.

The housing market is likely to continue falling in 2009 and may bottom out by 2010.  A slow recovery is expected and banks, adverse to risk, are unlikely to lend at the levels seen in 2007.  Property will be in comparison, cheap and more affordable.  Borrowers will be low risk and able to pay either fairly small deposits with a higher interest rate or larger deposits with a lower interest rates.  As a result the market and prices will be more secure and making money on property will be through long term investment or property renovation. 

If you are thinking of buying or selling now, or in the near future, review your options carefully and work out how you can be a winner.

Susy Copus writes about all aspects of home moving, properties for sale, estate agent directories and house prices for the UK Property Search Engine, Wheres My Property. Susy also writes for Renovate Alerts who specialise in finding property to renovate and Property Money Maker.