Uncategorized | Tucson's Premier Home Buyer https://stainedglasshomes.com Welcome to Tucson's Premier Home Buyer Mon, 10 May 2021 19:26:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://stainedglasshomes.com/wp-content/uploads/2020/03/cropped-SGH-favicon-32x32.png Uncategorized | Tucson's Premier Home Buyer https://stainedglasshomes.com 32 32 Time to Downsize? https://stainedglasshomes.com/time-to-downsize/?utm_source=rss&utm_medium=rss&utm_campaign=time-to-downsize Mon, 24 May 2021 19:17:55 +0000 https://stainedglasshomes.com/?p=1570 There comes a time when you realize it is time for a smaller Tucson home, it is time to downsize.  We have compiled some tips to help you save your memories, yet minimize the clutter in your new home.  Making the move to a new home can be bittersweet.  It is exciting to move into …

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There comes a time when you realize it is time for a smaller Tucson home, it is time to downsize.  We have compiled some tips to help you save your memories, yet minimize the clutter in your new home. 

Making the move to a new home can be bittersweet.  It is exciting to move into a brand-new Tucson home, but it can often be a sad time leaving behind all of your cherished memories.  And if you are looking to downsize that can make it even harder.  A smaller home means that you can’t keep all of those keepsakes that you have collected over the years.   

But downsizing can be an opportunity to start fresh and get rid of the clutter.  It is just a matter of keeping the things that you really love to make your new place feel like home. 

1. Make a Plan 

Visit the new house and determine the space that you have in each room and storage space.  This will help you determine how much you will be able to take with you.  It is always best to underestimate this as there will be new things that you will want to add as well. 

It is wise to undertake just one room at a time as you decide what to take and what to get rid of.  As moving is a huge task, you don’t need to do everything at once.  Set aside some time each day and be sure to allow extra time so you don’t feel rushed. 

It is best to select which furniture you would like to move first.  If you select the large items first it will give you a better idea of how much space you will have left.   

2. Sort Things Out 

time to sort out and declutter

Is it something that you will use again?  It becomes very easy to convince yourself that you can still get into a 10-year-old shirt that you have never worn.  But odds are that if you haven’t worn it in the past year, you probably won’t be wearing it in the future. 

This is also a time to get rid of duplicate items.  Do you really need 2 toasters, or several sets of dishes? Since you can only use one at a time, you probably don’t need to keep both. 

When it comes to sorting, utilized the “Yes/No” policy, no “Maybes” are accepted.   Make 2 piles, a Yes and a No pile, make yourself make a firm decision. 

After you have sorted out your “No” pile decide how you would like to divvy it up.  Just because you don’t need it anymore doesn’t mean that someone else can’t make good use of it. Consider handing down some of the special items to family or friends. Some items would sell great at a garage sale or Craigslist.  Some items can be donated to Goodwill.  Any item that is damaged or worn out should make its way to the dump or the recycle bin. 

3. Keeping Memories 

Turn all your images in to digital version to save space and make it easy to share with family and friends.  Photo albums take up a lot of space and many times we just let them collect dust in the corner. Consider purchasing a digital photo frame and setup a rotating slideshow. 

Take photos of items that bring back fond memories.  That way you can still look back at the memories without having to keep the item. 

To be sure that those special items are in good hands pass them along to your children and grandchildren or close friends.  This will still allow you to see the item being used without eating up your space. 

Making the move to downsize is an emotional process.  As you start sorting you will find items you haven’t seen in years.  Give yourself plenty of time to reminisce and then make the hard decision.  Pack along only what is truly of value and what you can’t do without. 

When you are finally moved in you can enjoy your new home surrounded with your warm feeling of home. 

If you find yourself ready to downsize we may be able to help.  Contact us for a free, no-obligation offer.  We can close whenever you are ready and you won’t have to worry about house showings or open houses.  Call 520-200-3334 or click on the button below and send us your contact information.

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Things to Consider When You Sell Your Tucson House https://stainedglasshomes.com/things-to-consider-when-you-sell-your-tucson-house/?utm_source=rss&utm_medium=rss&utm_campaign=things-to-consider-when-you-sell-your-tucson-house Mon, 05 Apr 2021 12:00:37 +0000 https://stainedglasshomes.com/?p=1442 There are a few things that you should do if you are planning to sell you house.  Some of these are basic common sense but it can have a major impact on your bottom line.  Even if you live in a seller’s market, there is so much more than listing your house and sit back …

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There are a few things that you should do if you are planning to sell you house.  Some of these are basic common sense but it can have a major impact on your bottom line.  Even if you live in a seller’s market, there is so much more than listing your house and sit back and wait for the offers to come flooding in.  There is more to it than making upgrades and some rehab work.  You will need to highlight the special features of your home in the best possible way. Here are some techniques to help you get the most from your house.

Find a Realtor that you feel confident and comfortable with. There are dozens of awesome Tucson realtors and to assure a successful sale of your Tucson house you need to select the right realtor for you and your house.  There are many buyer’s agents, but they may not be the best at marketing your property and highlighting the benefits of your house.  When looking for a realtor, don’t be afraid to ask questions like how well they know the Tucson real estate market, how they intend to market you house and what is their commission rate. While commission is important, it may not be the most important. The goal is for you to be able to get the most out of your house and have a smooth closing.

List Your House at the Right Price.  The most critical part of selling your Tucson house is pricing your house at the correct price.  This will not only help you sell your house quickly in Tucson, but it will help you sell it for the maximum price.  Buyers and realtors are looking for a house that is priced right, they aren’t looking to negotiate down.  If you price your house too high, many buyers will ignore the listing and move on to the next one.  It won’t create that buzz which drives up the number of interested buyers and higher offers.  Your house will sit vacant while cheaper houses are getting sold.

Stage Your House for a Perfect Showing.  Setting the correct price helps, but it may not be enough to get an offer on your Tucson house.  When you list your house, it must be in pristine condition for every buyer that tours your house. Take a walk through your house as though you were the buyer.  Does it have great curb appeal?  Is the entry way to your house clean and inviting?  Be sure your house doesn’t have any odd smells, if it is warm weather, be sure to have the air conditioner running, if it is cool, keep the house warm and inviting but not too hot.

Accepting the Right Offer.  Don’t be tempted to take the highest offer.  While price may seem like the best offer to accept, be sure to check on the buyer’s financing, closing date for the house and any contingencies.  If you select an offer that doesn’t close, it will force you to start all over again.  There is no guarantee that the same buyers that were interested earlier are still interested.  The correct offer is the one that will close in the fastest, easiest possible way.

Should you be interested in just getting your Tucson House sold quickly without having to make any repairs or updates, or paying realtor commissions, you may be interested in getting a no-obligation offer from Stained Glass Homes.  We are able to save you time, effort and money by giving you a below market offer that can put cash in your pocket in as little as 14 days.

Call us today at 520-200-3334 for an offer or click on the link below and provide us with your contact information. We will be in touch with you quickly and can usually make you an offer within 24 hours.

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Foreclosure, Is It Too Late to Save My Home? https://stainedglasshomes.com/foreclosure-is-it-too-late-to-save-my-home/?utm_source=rss&utm_medium=rss&utm_campaign=foreclosure-is-it-too-late-to-save-my-home Mon, 22 Mar 2021 12:00:42 +0000 https://stainedglasshomes.com/?p=1428 Homeowners facing foreclosure are finding themselves in an incredibly frightening and stressful situation. The options may even be fewer than they were a few months ago, While foreclosures are on the rise, many homeowners are procrastinating. Many people think help will magically appear in their mailbox or fall out of the sky, or that lenders …

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Homeowners facing foreclosure are finding themselves in an incredibly frightening and stressful situation. The options may even be fewer than they were a few months ago,

While foreclosures are on the rise, many homeowners are procrastinating. Many people think help will magically appear in their mailbox or fall out of the sky, or that lenders will rush to work with them, or even that the government will step in and save them. Unfortunately, for many people, nothing ever happened.

Now that the market is changing banks are rushing ahead with foreclosures and pushing up the foreclosure process.

While it is possible to slow down the foreclosure sales process or pause the sales process for various reasons, it doesn’t put a stop to the foreclosure process.  And to make matters worse, banks are now racing in to grab the homes and resell them.

 So what are your options if you are just a few days away from foreclosure and you recognize that it would be much better if you can sell your home quickly and thus prevent further damage to your credit records.

You could try to approach your bank or mortgage broker and see if they can assist you, however, there is no guarantee that they can slow down the foreclosure process.

There may be options such as refinancing, but chances are it may be too late for this step to work.  You could try selling your home with a local realtor, but that an take time and eat up any equity that you may have left in your home.  And even if a realtor brought you a seller today, it may take months to actually close on your home with the potential buyer having to get a mortgage plus any repairs that the new buyer will want you to work.

There is one other option available to you.  You can turn to Stained Glass Homes who can quickly assist you with a CASH sale on your home and we can close on your home in as fast as 14 days.  If you are interested in how this works or would like a no-obligation offer, please call us at 520-200-3334 or click on the button below and send us your contact information.  We will be glad to listen to your situation see what we can do to help.

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The Fastest Way to Sell a House in Tucson https://stainedglasshomes.com/the-fastest-way-to-sell-a-house-in-tucson/?utm_source=rss&utm_medium=rss&utm_campaign=the-fastest-way-to-sell-a-house-in-tucson Mon, 08 Mar 2021 12:00:31 +0000 https://stainedglasshomes.com/?p=1393 Getting your house sold fast is the ultimate challenge, no matter your motivation. However, the longer a house is on the market, the less valuable it seems to become.  Derek Gutting, top #2 ranking real estate agent in Indianapolis, Indiana, explains that “the longer the home is on the market, the higher the probability of …

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Getting your house sold fast is the ultimate challenge, no matter your motivation. However, the longer a house is on the market, the less valuable it seems to become.  Derek Gutting, top #2 ranking real estate agent in Indianapolis, Indiana, explains that “the longer the home is on the market, the higher the probability of getting a lower offer.”  So if you plan to sell your house, getting it done quickly is essential and you need to be be smart to accomplish that.

 

  1. Start with a Top Selling Realtor

Locating a successful realtor in Tucson is the first step after you decide to list your home.  They will work as the liaison between you and any potential buyers.  They will create marketing, a listing for the MLS and schedule showings for your property.  Typically, homes that are sold without a Tucson realtor will sell for thousands less than those sold by an experienced realtor. In addition, you will need to invest many hours of your time to try to screen potential buyers, schedule showings, request necessary documents to close on the property not to mention the risk involved.  If you are unfamiliar with the process you are putting yourself at a huge disadvantage.

 

  1. Be Sure About the Listing Price

Listing a house at the highest possible price would seem like the best strategy as most buyers will want to negotiate the price to a lower value.  Unfortunately, that’s not quite right.  Many times, the buyers don’t have the patience nor the time to check out property that requires lots of negotiations.  Gutting mentions that buyers won’t even be interested in your house if the price is too high.  If no one is interested in your house, it will become a stale listing and likely buyers will avoid the property because they feel there must be something wrong with it.  This might end up getting you a lower price for your house.  If you list your home for a reasonable price that is inline with the market value of properties in your nearby neighborhoods you will more likely create a bidding war and receive an offer that is close to or possibly higher than the price the house is listed for.

  1. Fake It Til’ You Make It

Appearance is everything when you are selling a house. There are 2 ways a home is viewed: Vacant and Non-Vacant.  It is crucial to appeal to people’s emotions.  Here are 5 specific updates you should make to your house:

  • Replace the carpet
  • Put fresh paing on the walls
  • Update appliances if your can afford it
  • Update your light fixtures
  • Hire a landscaper
  • These suggestions along with removing personal items and all clutter from the house will give your house a new look and feel. The updated look will appeal to buyers in their eyes and their hearts.

If the house is vacant, it is strongly recommended to hire a stager to professionally decorate the house.  It can take you from zero to hero overnight.  Staged homes sell about 87% faster and for almost 17% more than those not staged.

  1. Bring in the Professionals, Don’t Cut Corners

When it comes to selling your house fast in Tucson, cutting the corners can be a huge mistake.  If you feel that you might be interested in selling your house without paying for the realtor commission and get a CASH offer fast, contact Stained Glass Home for a free, no-obligation offer.  We can close on your house as fast as 14 days and you can avoid making any repairs, paying no closing costs and no commissions. Call us today at 520-200-3334.

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Selling a Tucson Probate Property https://stainedglasshomes.com/selling-a-tucson-probate-property/?utm_source=rss&utm_medium=rss&utm_campaign=selling-a-tucson-probate-property Mon, 01 Mar 2021 12:00:33 +0000 https://stainedglasshomes.com/?p=1367 Property that is hung up in the court system can be overwhelming and frustrating.  Once you overcome all the hurdles involved in getting an estate settled you then have to deal with what to do with the property.  Along with inheriting the property comes the continuous utility bills, insurance, upkeep and repairs, homeowners’ dues, and …

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Property that is hung up in the court system can be overwhelming and frustrating.  Once you overcome all the hurdles involved in getting an estate settled you then have to deal with what to do with the property.  Along with inheriting the property comes the continuous utility bills, insurance, upkeep and repairs, homeowners’ dues, and taxes to name a few. 

If you are responsible for a property that has cleared probate and you are now facing the all the expenses that come along with it and you find that you need to quickly find a solution, we can help!  If you are planning to hand it over to a realtor in the Tucson area, you should be aware of the extra expenses you will need to pay to get the property sold.  For example, you will need to pay the realtor commissions that can be up to 6% of the sales price, you will need to pay a portion of the closing costs.  You will need to pay for an appraisal and any repairs that the buyer wants made.  In addition, it typically takes at least 3 months to close on a property in Tucson, so you will need to continue to pay for taxes, insurance, utilities, etc. until the property closes.  All these expenses can add up quickly.

Should you be interested in a much easier, hassle-free option, you should contact Stained Glass Homes at 520-200-3334 for a fast, no-obligation, CASH offer.  At Stained Glass Homes in Tucson, we can make you a below market cash offer within 72 hours.  However, you don’t have to pay realtor commissions, closing fees, or repairs. In addition, we can close in as little as 2 weeks, so you can get cash back in your pocket quickly.   We can even arrange to clean out the property for you, so you don’t have to sort through boxes of someone else’s belongings.

If there is more than one person who inherited the ownership of the property, it is very important that all owners are in agreement on what to do with the property.  It would be best to arrange some type of agreement in advance of trying to sell the property.  This will avoid any hurt feelings and the possibility of the sale of the home being contested.

Oftentimes, probate property is a very emotional situation.  It follows the loss of a loved one.  While we understand the healing that must go on, we at Stained Glass Homes will be sensitive to each person involved and will do our best to make the transaction as hassle-free and simple as possible and will allow you to get your money out of the property as quickly as possible. 

We can provide you with a CASH OFFER quickly and can close on the property whenever you choose.  Call us today for a no-obligation offer at 520-200-3334 or click on the button below and complete your contact information.  We will respond to your request quickly.

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What To Do If You Are Behind on Mortgage Payments https://stainedglasshomes.com/what-to-do-if-you-are-behind-on-mortgage-payments/?utm_source=rss&utm_medium=rss&utm_campaign=what-to-do-if-you-are-behind-on-mortgage-payments Mon, 22 Feb 2021 12:00:17 +0000 https://stainedglasshomes.com/?p=1374 Sometimes we find ourselves in a situation where nothing seems to go right, unexpected bills, problems at work, health problems, or family issues.  When we find ourselves facing financial shortfalls it oftentimes turns into a snowball effect, where we get behind on one payment and then two and before long, we are over our head …

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Sometimes we find ourselves in a situation where nothing seems to go right, unexpected bills, problems at work, health problems, or family issues.  When we find ourselves facing financial shortfalls it oftentimes turns into a snowball effect, where we get behind on one payment and then two and before long, we are over our head in debt.  You dread having to answer the phone or look at the mail.  You receive that dreaded letter informing you of pre-foreclosure on your home.  Fortunately, there are some steps you can take to help prevent the loss of your home or a foreclosure on your credit history.

Steps to take if facing a Foreclosure:

  • Alert your lender as soon as possible. Explain your situation and see if the lender is able to work out a deal to help you make up the missed payments.
  • A repayment plan is an option where the overdue payments are split up over several months and added to your current payment
  • Another option might be reinstatement and forbearance.  With this option you will delay payments of your mortgage payments with the intent that you will make a large payment for all the late payments at a later date.  This option may only be a good choice for someone expecting to receive a large windfall of money.
  • You and your lender may also see if there is a way to make changes to your existing payments to ease the current burden you are facing.  It may involve reducing interest rates, extending the length of your loan or adding the missed payments to the balance of your loan.  This option makes it easier to make your monthly budget and can help you get back on track and when your economic situation is only for a short period time.
  • A more drastic option is to file for bankruptcy; however, bankruptcy will have a huge impact on your credit score and your ability to find another place to live.
  • You could sell your house which will allow you to get a fresh start and prevent you from falling into foreclosure or bankruptcy and may allow you to get your other bills paid up and some cash in your pocket.
  •  

Should you think that selling is the best option for you, should you turn to a Tucson realtor for assistance or perhaps work with a cash buyer like Stained Glass Homes.  With a realtor you will need to pay for their commission (up to 6% of the sales price), plus closing costs, make any repairs and wait on a buyer to make an offer.  Oftentimes it takes at least 3 months to close on your house before you can see any money.

If you are thinking about working with a Cash Buyer like Stained Glass Homes, you will receive a below market offer within 72 hours, however keep in mind, there are NO commissions, there are NO closing costs, and there are NO repair bills.  We can close in as fast as 14 days with cash in your pocket. 

If you are facing a serious financial situation and need help, don’t wait, contact Stained Glass Homes for a free, no-obligation offer and get a fresh start again.  Call us now at 520-200-3334 or click on the button below and complete your information.  We look forward to hearing from you today!

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A Diamond in the Rough from a Tired Landlord https://stainedglasshomes.com/a-diamond-in-the-rough-from-a-tired-landlord/?utm_source=rss&utm_medium=rss&utm_campaign=a-diamond-in-the-rough-from-a-tired-landlord Mon, 15 Feb 2021 12:00:54 +0000 https://stainedglasshomes.com/?p=1354 An excellent real estate buying option is purchasing from a tired landlord who owns rental property and has them for rent. Most of these landlords are experienced sellers and know something about real estate investing. It is typically about 3.5 years for a landlord to become a tired landlord. They generally do not live at …

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An excellent real estate buying option is purchasing from a tired landlord who owns rental property and has them for rent. Most of these landlords are experienced sellers and know something about real estate investing. It is typically about 3.5 years for a landlord to become a tired landlord. They generally do not live at the property and rarely pay a visit.

What causes a tired landlord? Usually, it is due to the complying with building or community requirements. The landlord may also find he is needing to separate from a partner investor. Such as in a divorce settlement or an inheritance situation. Sometimes it is due to a lack of cash flow and financial troubles. Occasionally, it is due to the property being upside-down on the mortgage.

So why would these properties be a good deal to real estate investors? It may be the property is in need of many repairs and maintenance, or it could be the property was part of an estate and the new owner doesn’t want to be a landlord. Perhaps, the landlord already owns too many properties and wants to get rid of some of them. There is a higher probability that an owner who has had rental properties for 20 or more years has become fatigued and ready to unload his portfolio of properties. You may have noticed that not all of the properties of a landlord are well maintained. There may be some that need to be remodeled before they can be leased. There is a good chance that the landlord would be willing to let go of these properties as-is as it may cost more to repair the damage of the former tenants.

Some of the houses owned by a landlord may currently be rented out by a tenant who continually causes damage to the property or may be delinquent on his monthly rent payments or refuse to move out after their lease is up. Many of these types of tenants are very familiar with the law and can tie the case up in court for many months. Oftentimes, these properties can be acquired by good negotiating skills. This type of property will require lots of clean-up and repair work, in addition to replacement of fixtures and appliances and even re-doing plumbing and electrical services. By doing a good inspection of the property with an experienced contractor, you should be able to determine what it will cost to bring the property up to high neighborhood standards.

In some areas, you may find rental property that has been flood damaged or had fire or smoke damage. After fighting with the insurance company, only to receive a small payment for the damage and facing higher insurance premiums, the landlord is ready to throw in the towel and sell the property for a good price.

To find tired landlords, you may want to check on Craigslist under properties for rent to see if you can find a landlord who is interested in selling some or all of his rental portfolio. Also try networking with your fellow real estate investors in your community.

If you are a tired landlord and looking to unload some or all of your properties, please contact us at 520-220-3334 for a no-obligation offer and see if we can work together to help you recover your freedom.

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Handling an Inherited Property https://stainedglasshomes.com/handling-an-inherited-property/?utm_source=rss&utm_medium=rss&utm_campaign=handling-an-inherited-property Mon, 08 Feb 2021 12:00:21 +0000 https://stainedglasshomes.com/?p=1288 When you inherit a property you also inherit a huge responsibility.  You may have good feelings when left with a possession, whether it is a large company or a small parcel of land.  It can change your life, but it can also be a burden and a hassle.  The inheritance makes the heirs wealthy, but …

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When you inherit a property you also inherit a huge responsibility.  You may have good feelings when left with a possession, whether it is a large company or a small parcel of land.  It can change your life, but it can also be a burden and a hassle.  The inheritance makes the heirs wealthy, but it also has its drawbacks, says the ET Contributors of Economic Times (2019). Should you find yourself in the possession of an estate, you should take control of it as quickly as possible.  Here are some tips to help you best deal with inherited properties.

 

Be sure you completely understand the debts, taxes and titles.  Not everyone who inherits property understands the implications and that could cause problems later on.  The first thing you should do if you find yourself with an inherited property would be to do a title search on the property to see if it could be involved with multiple ownership, housing associations, multiple mortgages, and any other loose ends. You would also want to check on any liabilities involved with the property.  Consulting with a financial or tax consultant would be very important. These professionals will advise and guide you in selling some of the assets and any tax implications. Be aware that there will most likely be some tax debts and increased recipient taxes associated with an inheritance.

 

Follow up with an Accurate Property Evaluation.  As an heir, you will need to assess the value of your inherited property and the reasonable worth.  Everyone wants to get the most from their possessions, yet no one wants to buy something that is overpriced. To sidestep these mistakes, you need to become very familiar with your asset. Investopedia (2020) says the value must consider the economic, social, governmental and environmental factors of its location.  Most likely, you will need to turn to someone who has a good knowledge in assessing home values to understand your new possession.  The process can be daunting depending on the age, condition, and location of the property.  Other considerations are the upkeep of the property, has it been carefully maintained and updated?  Also, the ongoing cost of paying taxes, insurance, homeowners association fees and utilities to mention a few.  Listing the property with a realtor may be an option, however, it may take several months to find qualified buyer and the property closed.  In the meantime, you are still paying for the expenses of the property.  At Stained Glass Homes, we may be able to provide you with an option that will save you some money and quickly get you some cash from your inheritance.  We can provide you with a CASH offer and close as fast as 14 days.  Our offer will be at a below retail price, but when you weigh out not paying monthly fees, realtor commissions, repairs and maintenance, you may come out ahead.  We are pleased to be able to make you a no-obligation offer on your property within 72 hours or less.  Call us today at (520) 200-3334

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The Process of Selling Your Tucson Home for Cash https://stainedglasshomes.com/the-process-of-selling-your-tucson-home-for-cash/?utm_source=rss&utm_medium=rss&utm_campaign=the-process-of-selling-your-tucson-home-for-cash Mon, 01 Feb 2021 12:00:41 +0000 https://stainedglasshomes.com/?p=914 Property values have skyrocketed to some of their highest levels in over a decade.  Depending on your personal situation, and the growth of your area it may be a great time to look into exploring a cashing out and selling your home.  Based on the condition of your house, you may be money ahead to …

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Property values have skyrocketed to some of their highest levels in over a decade.  Depending on your personal situation, and the growth of your area it may be a great time to look into exploring a cashing out and selling your home.  Based on the condition of your house, you may be money ahead to work with a cash buyer.

There are some differences when you work with a cash buyer versus working with a Tucson realtor.  If you are aware of these differences you will understand what to expect and it will help you have a simple and easy closing.

Here are some steps to consider when working with a cash buyer.

Locate and Qualify Cash Buyers

Not all cash buyers are equal, it is very important to find the right buyer when you want to sell your Tucson home for cash.  With the growth of social media and the reliance on the Internet, it is so much easier to reach prospective buyers.  You could try selling on your own (For Sale by Owner) listing or you could try to do a quick Google search of real estate investors to start the process.  Most cash buyers will respond to you quickly and are glad to submit a cash offer if you are interested.

When you get a couple of interested buyers, it’s reasonable to expect some offers.  Normally, you will receive offers with in 24 hours.  It is important to recognize that price is NOT the only item to look at.  The best cash buyer will provide you with an inspection period, closing timeline and any special terms that you need to achieve your goal, such as no repairs, no fees, no commissions, as-is and even assistance with moving costs.Compare Offers

Inspections

How long should a cash buyer need to perform inspections?  It is reasonable for a cash buyer to have a period of time available to do an inspection of the property.  Usually, it’s agreed that the inspection time will start on the day that the contract is accepted or “executed”.  Ideally, you will want the inspections to be completed within a reasonable amount of time, Inspections can vary dependent on the inspector and the condition of the property.  It is important to realize that some cash buyers will give you a long list of deficiencies with the property in an attempt to get you to lower your price.  Some of these items may be legitimate while some may be highly exaggerated.  Don’t take this inspection process personally.  A quality cash buyer will carefully go over any items with you that will affect the offer.  You are welcome to reject the results of the inspection, but be aware that the next buyer will most likely find the same results with their inspection.

Earnest Money Deposit

Will the cash buyer be expected to have skin in the game?  On each contract there is a section devoted to Earnest Money Deposit (EMD).  Simply stated EMD is a down payment that may be paid to the owner if the cash buyer doesn’t uphold their end of the agreement.  The money will be deposited with a 3-party such as an Escrow agent.  It is normally deposited within 72 hours after the contract has been accepted.   The Earnest money that has been paid is then deducted from the total amount at closing time.

Closing Period

Is the cash buyer able to close at a time that is best for you?  A good cash buyer should be able to close on your property as soon as 14 days after the contract is accepted. However, if you need to wait for several weeks to close, a good cash buyer, like Stained Glass Homes, should be able to accommodate your needs.  In addition, they may be able to assist with things like moving assistance.

At Stained Glass Homes, we try to keep the process as simple as possible with the less amount of hassle for the home seller.  If you are thinking of selling your home, click on the button below or call us at 520-200-3334 for a free, no obligation offer to get you started.  We will be glad to listen to your concerns and be as transparent as possible with the entire process.

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Is It Worth It to Hire a Realtor? https://stainedglasshomes.com/isitworthittohirearealtor/?utm_source=rss&utm_medium=rss&utm_campaign=isitworthittohirearealtor Mon, 25 Jan 2021 19:36:41 +0000 http://stainedglasshomes.com/?p=752 For the majority of people looking to sell their homes the first thing they do is turn to a realtor.  Realtors may be the obvious choice, however, there are other options out there that may work to your advantage.  By selling your home yourself or turning to a local real estate investor may allow you …

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For the majority of people looking to sell their homes the first thing they do is turn to a realtor.  Realtors may be the obvious choice, however, there are other options out there that may work to your advantage.  By selling your home yourself or turning to a local real estate investor may allow you to put more money back in your pocket.  In this article, we will cover some of the costs associated with a traditional listing so you can decide if hiring a realtor is your best choice.

Pre-Listing Costs

Before you decided to list your home on the market, browse through the homes in that are currently listed for sale in your area.  You can find homes on Zillow.com, Realtor.com or Redfin.com.  Find out how much others are asking for their homes that are similar in size and location to yours. Does your home compare in size, number of bedrooms and bathrooms, the year your home was built, the age of appliances, the condition of the roof, air conditioner and furnace?  You need to look at your home from the buyer’s point of view as they will want to get the most for their money.  That may mean that you will need to upgrade and make repairs to your home to be competitive with other homes for sale. House that don’t sell quickly lose interest to prospective buyers and it if doesn’t sell fast, people believe that something is wrong with it. Your best bet is to place your house on the market that wows potential buyers and is a good value.

Realtor Fees

Realtors don’t work for free.  Most realtors work very hard and are deserving of what you pay them. However, be aware that there are a few who don’t.  While every contract varies, when you sell with a realtor you will commit to pay their commission, which works out to be around 6% of your home’s sale price.  If you should sell your home on your own to someone that you already know you will still need to pay the realtor’s commission.  In addition, you may find that your realtor will charge you for administrative costs, listing fees, listing sites, marketing, a photographer and more.  Be sure that you know exactly what is included In your realtor’s agreement as these agreements vary greatly.

When You Close on your House

When it is time to close on the sale of your house, in addition to the realtor’s commission, you will also have to pay for the closing costs.  This can usually be estimated to be about 2% of the final sale price. Closing costs include deed recording, taxes, appraisal fees, title search, credit checks and more. In addition to your expenses, your buyer may have problems obtaining funding from the bank to pay for your house, which may delay your ability to get paid when you expected.  If you choose to sell your house to Stained Glass Homes in Tucson, we can bypass all of these expenses and delays.

Time is of the Essence

Listing your house can be a gamble.  There are no guarantees like how much you will get for your home or when you will be able to close on it.  This will make it very difficult to plan ahead and move on with your life.  While you are in the process of selling your house, you will still need to pay for insurance, taxes, and monthly utilities and upkeep.  A realtor can make a recommendation as to how much you may get for your house, but that doesn’t necessarily mean that you will get it.  When you sell your home to Stained Glass Homes, you will know the exact amount you will get for your home and what day you will get paid before you sign anything.  We try to make the process as easy and upfront as possible

Before you hire a realtor, give us a call or send us a message, find out how we are able to help you.  Call us at (520) 200-3334!

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