We Buy Houses Nashville, we are Home Buyers in Middle TN that can close quickly with cash and no fees. Sell My Nashville House Fast, is a Anderson Real Estate Investments, LLC Company, founded by Michael Anderson
As we begin the year 2016 many folks face strange perhaps even unique circumstances in their lives. One of the biggest challenges to those in drought areas like California, Arizona, Nevada and other parts of America as well as the rest of the world, is water. And basically, you can only get it two ways; rain and a ground well. No, you can't use ocean water due to the salt content. What this means is that plants, trees and especially lawns will be, or already are, on many "hit lists." That said, when you
Can't Mow Your Grass? Check out these 5 Alternatives
In the western area of America, homeowners are giving up on their lawn maintenance. There are strict water bans in action, which makes it impossible for homeowners to keep their grass green or even be able to do some lawn mowing. For the fourth year now, California, is trying to go as far as offering those who own homes rebates if they just rip out their lawns all together. In places like
It’s no secret, tax is a burden we bare out of patriotism and not choice. All government functions depend directly on the taxes we pay on the goods we buy and the income we earn. Therefore if the budgetary plan for that fiscal year is projecting some serious heavy investment of infrastructure, you can be sure that some tax rates will most definitely be adjusted. The best and legal way to cushion yourself from all tax crunches is to conta
KEEPING YOUR LAWN LOOKING BEAUTIFUL AND HEALTHY AT THE SAME TIME
I was speaking with a neighbor the other day. She was telling me about how her lawn was not as healthy as it could be. She told me that the flowers in her front garden bed were not producing anymore flowers; and yet, her back flowers were doing okay in this situation.
There's nothing better than being able to walk out of your door, into your yard and to your very own garden. There's something very gratifying in planting, growing, and harvesting your own produce.
While it may sound simple and basic, maintaining a garden can be tricky, especially if you want to go green.
Organic lawn care may tend to be more costly than inorganic lawn care but it's very worth it.Organic lawn care is a compost of a combination of all sorts of natural things from manure to sewage sludge to phosphorous. However, phosphorous is illegal in some states so you'll want to do a double check with that. Inorganic lawn care on the contrary, tends to contain very harmful substances
Remember the old saying, “the grass may be greener on the neighbors lawn, but it is just as hard to mow”? If you are the type of person who rather be mowing a lawn with full, lively, health green blades of grass, then you are going to need to know how to water your lawn properly in order to
(The following is an excerpt from the new book from BiggerPockets, The Book on Rental Property Investing. If you are looking to buy more rental properties this year,pick up a copy today!)
As you begin investing in real estate, you’ll likely hear people talk about a property being in an A, B, C, or D location.
Just like your high school class grades, a neighborhood can receive a grade, though the classification is a bit more subjective than a simple high school test. There is no government organization, board, or company that classifies locations.
It’s honestly more of an unwritten rule accepted by most investors, and the lines are not incredibly clear. You might think a location is an A location (the best), while I might think it’s a B location (second best), but for the most part, investors will agree on the class distinctions.
Some investors grade locations on an A through C scale, whereas others grade on A through F scale. In other words, you might say a location is a C location, meaning that you think it’s the worst, because you grade on an A through C scale; at the same time, someone who grades on an A through F scale might think it’s pretty middle of the road. For the sake of our discussion in this chapter, we’ll use an A through D scale, which is probably the most common grading scale.
Related: How to Identify A, B & C-Class Areas (& How to Know Which You Should Invest in!
In addition to the location receiving a grade, the property itself can be classified as an A, B, C, or D property. So you might hear someone say, “I have an A property in a B area.” To add more specificity to the classification system, some will add a + or – to those grades, so you might hear “The property is a B- house in a B+ area.” I’ll leave out the + and – designations in this chapter, but you can always use them if you want to get fancy or more specific.
Let’s take a minute and talk about the different classes of locations and property types.
Class A Real Estate
A Class A location is an area that has the newest buildings, hottest restaurants, best schools, wealthiest people, and highest-cost real estate. This is truly the best location you can find, and the highest-quality tenants are looking to rent here.
A Class A building follows the same concept. It is generally newer, probably less than ten years old, and therefore has fewer maintenance issues. The building has modern amenities, such as granite countertops, hardwood floors, and other in-demand features. Class A properties generally command the highest rent but may provide a lower amount of cash flow, because of the high-demand for an “easy investment.” More demand, higher purchase cost = lower cash flow.
Class B Real Estate
A Class B location might be slightly older than a Class A one, but perhaps still has decent restaurants, schools, and people. This might be your “middle class” areas, but these will attract more sell my house fast in nashville tn investors blue collar workers who live paycheck to paycheck.
A Class B building follows the same concept. It is probably 15–30 years old, mostly upgraded but perhaps lacking the shine of a Class A property. Rental income is probably lower than what you might find with a Class A property, and the maintenance costs will likely be higher because of the age of the home.
Class C Real Estate
A Class C location is likely a lower-income area with homes that are old—30 years or more. This area tends to attract the we buy houses nashville tn people who are either on government subsidies or working low-wage jobs. You’ll likely find a lot of check-cashing businesses, pawn shops, and other such businesses in this area.
Related: Why I Don’t Buy Houses for $30,000 or Apartments in D-Class Areas
A Class C building follows the same concept. The property is likely older than 30 years and looks the part. Numerous repairs are likely needed, and ongoing maintenance should be expected. Systems in the property, such as plumbing and electrical, may be outdated and require ongoing attention. Properties will typically rent for a low amount in this area, but the properties will also be much more affordable than Classes A or B.
Class D Real Estate
A Class D location is a war zone where you likely would not want to travel alone. Not every city has a Class D area, but you’ll likely recognize one when you see one. Often, even cops are nervous about entering these areas, and crime and drug use/sales run rampant. There are probably numerous buildings with boarded-up windows and other indications of being vacant.
A Class D building is likely old, similar to a Class C one, but with far more neglect. Chances are, the property is currently uninhabitable, needing significant repairs before it could be lived in. Class D properties are generally exceptionally cheap, but getting good tenants can be difficult and dangerous. Unless you really know what you are doing, I don’t recommend getting involved with a Class D building or location.
As I mentioned earlier, the class distinctions are not very rigid or defined, but the classifications I just outlined here should give you a general indication of how investors view properties and neighborhoods. While doing research for this book, I stumbled upon a humorously accurate interpretation of the four classes, written by Matt R on the BiggerPockets Forums:
If you’re looking to sell your house or investment property in Nashville without using a real estate agent, we can help.
Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.
After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, brokers and real estate agents can be very useful and earn their commission. Not always.
There’s a few ways to avoid paying high commissions in your sale.
First, there’s a tricky custom that you’ve gotta know about.
In most sales in Nashville, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.
Doesn’t make much sense, right?
Why should you pay for the agent on the other side of the table?
Truthfully, it defies logic – it’s just what’s typically done.
You can use that to your advantage in a few ways.
First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.
Don’t underprice your property– be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Nashville buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.
You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.
On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Nashville.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Nashville use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Nashville, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Nashville to the MLS, information on your property will end up on most of the major sites within a few days.
Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Nashville can be a great way to sell property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average Nashville house buyer.
In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.
Certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.
We fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Nashville houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in .
We’re investors who care a lot about Nashville.
We close fast and pay cash in as little as just 3-5 days. Give us a call now at (615) 431-1577 or fill out the short form over here.
You need to sell your Nashville house fast right? If you’re saying… “I’m having the toughest time selling my house fast in Nashville“… you’re at the right place
These tips will help you get your property sold.
[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Anderson Real Estate Investments, LLC
Selling My House Fast in Nashville – Your Options
Lately the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property. So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
To avoid having the Nashville House Buyers pull out at the last second because of financing… one option is to sell your house to a local investment firm like us.
Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets.
That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly.
You’ll have to do some due diligence to make sure you’re dealing with a qualified local Nashville Home Buyer investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.
If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase.
But how do you get cash offers fast?
You can get a fair cash offer from us actually today. We’re buying properties in the Nashville area, which we’re local to… and we buy Nashville houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house.
If your local Nashville property qualifies, we can buy your house fast.
Just fill out the form or pick up the phone and call us anytime at (615) 431-1577
Relocation is a complicated exercise in coordination. We get local Nashville home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Nashville“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Nashville right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Nashville, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
Relocating And Need To Sell My House Fast In Nashville… Your Options And Steps
Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form on our site Nashville Home Buyers to get started >>
Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling to a Nashville Home Buyer at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Nashville agent. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Anderson Real Estate Investments, LLC And How Can We Help You If You’re Relocating And Need To Sell In Nashville?
We’re investors. We support our families and beautify neighborhoods by buying houses from Nashville home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
Need to sell fast (we can close in as little as 7 days if you need us to)
Don’t want to hassle with listing a property with an agent
Don’t want to pay real estate agent fees
Can’t sell their house for one reason or another (we buy houses in as-is condition)
… or a variety of other reasons
But we’re passionate people, and we believe in the Nashville community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Nashville real estate,so please feel free to call us at (615) 431-1577 and chat with us anytime.