Sunday, February 21, 2016

How do I sell my house without an agent in Charlotte NC?

If you’re looking to sell your house or investment property in Charlotte NC 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 Charlotte NC, 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 Charlotte NC 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 Charlotte NC.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Charlotte NC 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 Charlotte NC, 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 Charlotte NC 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 Charlotte NC 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 Charlotte NC 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.

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH

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 Charlotte NC 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 Charlotte NC
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.

Fast Cash Home Buyer


Selling My House Fast in Nashville

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


http://www.nashville-home-buyer.com/

I’m Relocating And Need To Sell My House In Nashville

I’m Relocating And Need To Sell My House In Nashville

Nashville Home BuyerRelocation 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.
So how do you make the right choices when you’re relocating and need to sell your Nashville house fast?

Relocating And Need To Sell My House Fast In Nashville… Your Options And Steps

First…
  1. 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.
  2. 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.
  3. 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 >>
  4. 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?
  5. 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.

Tuesday, October 20, 2015

Buy My House For Cash In Nashville – Our TN Cash For Houses Program

One question we get all of the time here at Anderson Real Estate Investments, LLC about our local Nashville house buying program is, “Can you buy my house for cash in Nashville or do I have to wait for a buyer to get a bank loan?“.
Great question and totally valid.
95% of all buyers of houses listed with a real estate agent go through the traditional “bank loan” process, which can take from 20-60 days from the time you accept their offer, to actually close on the property.
All the while you’re paying your mortgage payment, the utilities on the house, insurance, and a real estate agent commission at the end.
Keep reading this article to learn about our local “cash for houses in Nashville” program and how we can close on your house in as little as 7 days. 

“Can You Buy My House For Cash In Nashville TN?” – How It Works

Here at Anderson Real Estate Investments, LLC we’re a local professional house buying firm.
We buy houses for cash, fix up the property to beautify the house and the neighborhood, and find another happy homeowner to buy the house.
The local house sellers we tend to work with usually need to sell their house fast… and the fastest way to sell a house is with a buyer who can pay cash.  A cash house buyer helps you avoid having to wait for that buyer to get approved for the loan… and for that loan to work it’s way through the bank underwriting and funding process.
If you’ve ever gotten a loan from a bank to buy a house, you know how long the process can take.
If you don’t have the time to wait that long, that’s where we come in.
We can buy your house for cash, close quickly, and we pay all of the closing costs and fees associated with fixing up the property.
You get a quick, no-hassle sale.
You get cash in your hand on the schedule you need (in as little as 7 days), and we get the chance to help improve the neighborhood by doing any repairs or upgrades the property needs and getting a new home owner into the house as soon as possible.
So, yes…

We Buy Nashville Houses For Cash. Get Your Fair Cash Offer Today.

Give us a try! At Anderson Real Estate Investments, LLC we believe in a 100% no-hassle and no-obligation process.
Selling your TN house shouldn’t be tough or stressful.
If you need to sell your house fast and can’t wait the 3-6+ months it can take to sell your house yourself or through an agent, you don’t have anything to lose by seeing what we’ll offer on your house.
Fill out the short form through the link below or give us a call anytime at (615) 431-1577. We’ll get some basic information about your house and within 24 hours will send you a formal written offer. If the offer works for you, we’ll work with a local neutral 3rd party title company to put the sale paperwork together and set a closing date that fits your schedule.
Get the process started below or call (615) 431-1577! 

Start Here: Get My Fair Cash Offer! >>


How to Sell a House You Inherited in Nashville – the reality behind probate

Selling an inherited home in TN is not as easy as people think! Read on to learn how to sell a house you inherited in Nashville TN…
First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
Therefore we at Anderson Real Estate Investments, LLC have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Nashville, without having to sweat much.

Making the probate process go smoothly

Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too of course. We can also give you a fair deal for your inherited local Nashville house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Nashville
Before you embark on the selling process, your house must go through a probate. Most countries allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Nashville, you can then put it on the market.
Tax consideration
The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.

How to sell a house you inherited in Nashville

Agreeing to sell
If you are ready to sell your house in Nashville, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Nashville “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Here at Anderson Real Estate Investments, LLC however, we will always give you a fair deal and help you get as much value from your inherited house as possible. We often times buy local houses in Nashville, repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Nashville house meets a few simple qualifications, we can buy your house fast.

You can fill out the form or pick up the phone and give us a ring anytime at (615) 431-1577


Sunday, August 9, 2015

How to Evaluate A Real Estate Investment Deal in Nashville (resources)

How to Evaluate A Real Estate Investment Deal in Nashville (resources)


We talk with lots of people looking to buy real estate investment properties in Nashville and surrounding areas.  Some of them know what they’re doing… and some of them are still in the learning process.
But, since our entire business is finding great deals… and often passing those deals onto real estate investors like you at huge discounts… I thought it would be a great idea to share with you some resources on how to effectively evaluate a Nashville cheap real estate wholesale investment fix and flip or buy and hold deal.  This works in any market… Nashville, surrounding areas, TN, any other states across the country.local-cash-buyers,Nashville Real Estate Wholesalers,wholesale deals,wholesale real estate deals nashville,nashville wholesale deals,investment properties,cheap investment properties
When you really boil it down… evaluating a real estate deal is a pretty simple process.  If you’re looking to buy real estate as an investment, wholesale properties, hold them for rent… whatever, one of the most important parts is buying it right (i.e. – not overpaying).
So lets dive in.

How To Evaluate A Real Estate Deal – (for single family houses)

There are just a few main elements when you’re evaluating a deal.
  • Cost of repairs needed to get it back up to good condition
  • The after repair market value of the property (what it’s worth and can sell for today once it’s fixed up)
  • If you’re going to buy and hold for a rental… you need to know what you can rent it out for and what your “debt service” (mortgage payment) will be.  Knowing this makes sure you’re buying so the property cash-flows each month
There are other things you can (and should) look at too… but those 3 are the main important things to look at first.

Cost of Repairs

One of the things you should do when you are looking at a property is find out how much it’ll cost you to fix it up to a point where it’s in great shape.  In other words, the cost of repairs. This could be a new roof if it needs it, carpet, paint, a new kitchen, yard, maybe even more.
To find a good estimate of cost of repairs, the best advice we have is to get to know a contractor or two in your area and have them walk through the properties with you the first few times… have them quote out the repair cost… and build that into your offer.

After Repair Market Value

This is simple, but many investors get stuck on this part. This is essentially what you could sell the property for today… after you repaired it and brought it up to a great condition. This is found by finding out what other similar houses in the same area are actually selling for. NOTE: Don’t look at the “Listing” price… look at what houses similar to yours have actually sold for in the past 3 months. This helps you determine how much you could actually sell that house for if you had to… right now. You never want to over pay to a point where you can’t sell it for a profit in the next 3 months.
How do you find this?  There are services out there that can help you with this… but often times the best way to find out the true value of a house is to talk to a Realtor that you know… or an appraiser.  Heck, if you don’t know one… call up a few today… tell them you have a property that you’re potentially going to sell in the near future… and ask them what they think it should sell for.
Buy And Hold For Rental 
So, you’re going to buy and hold for rental? Great! You don’t need to worry about what it’ll sell for right away. What you need to know is if it’ll pencil out on a month to month basis. You know… cash flow.
So, talk to a mortgage broker (or a private lender) and find out what the monthly mortgage payment will be for that specific property.
Then find out what you can rent the place out for on a monthly basis.
Then, you work backwards… and find out at what purchase price your mortgage payment will be low enough so you can make the monthly cash flow you need to make on the property. Be sure to figure in other expenses too like property taxes, maintenance expenses, property management fees, and keeping money in reserves for future repairs.
So, your offer price here should be:
Monthly Mortgage – Monthly Rents – Operating Expenses – Taxes / Insurance – Monthly Cash Flow = Offer
Simple enough right?
The cool thing is, the more you’re bringing into the deal in cash… the lower your mortgage is.

Making An Offer

We’ve been talking about how to look at the numbers and analyze a real estate deal.
From there, just make an offer.  Many times the properties we let you know about will already be so deeply discounted that we get multiple offers… often above our asking price.
So, if you really want a property… find out what is the bare max you could buy the property at… and offer that. Otherwise you may lose the deal because someone else is likely making an offer too.
With that said, the golden rule in real estate is to never over pay for a property.  That’s why our own deal analyzing criteria is so darn strict… and why our buyers (like you) get such great deals.
I hope this little tutorial has helped you sharpen up your real estate deal analyzing skills… and we really look forward to working with you in the near future.
If you have any questions at all… don’t hesitate to contact us anytime for anything.

http://activerain.com/blogsview/4721875/how-to-evaluate-a-real-estate-investment-deal-in-nashville-
resources-
Happy investing!

How to Avoid Foreclosure in Nashville

How to Avoid Foreclosure in Nashville

While the housing market is rebounding, many people in Nashville] 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 Nashville. 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 Nashville TN with your home.

The Keys of How To Avoid Foreclosure in Nashville Don’t Abandon Ship

Many people simply give up and walk away from their home. There are even areas of Nashville 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 Nashville 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 Nashville 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 at Anderson Real Estate Investments, LLC 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.

Give us a call anytime at (615) 431-1577 or
fill out the form on this website today! >>