Archive | September 2012

Cash for House as a Solution

You need cash. You need it so bad that you’ve even toyed with ideas such as robbing a bank or buying all the tickets in a million-dollar raffle draw. You need cash to pay off a long list of debts- electric bills, credit card statements, your daughter’s tuition in law school, your health plan benefits- the list goes on and on, and each item promises yet another blow to your meager finances. You’ve tried signing up for additional credit cards to provide relief, but the banks won’t approve your applications anymore- your credit record has gone down the drain because of your overdue status in so many bills. You’ve even tried begging for cash from your relatives, but they don’t have much to go by either, and they have pressing financial problems as well. The worst part, however, is that your mortgage rate has reached a record high. The bank already sent you a terse warning last week that if you’re unable to pay off your mortgage in a month’s time, your property will be repossessed. You can’t bear facing your friends and relatives if ever that sorry scenario occurs. Luckily, you read an article on the Internet which suggested that you can get cash for house. Selling your house, it stated, may be the only saving grace you have left.

Selling your house, however, is not an easy task. A house is not a commodity that can simply be patched with a price tag and handed over to any eager buyer. Like any other product or service for sale, it must be presented attractively in order to garner potential buyers. First, you have to clean and clear out your house. Do you still remember how your house looked when it was newly constructed? The rooms devoid of furniture, the floor and corners free from dust and clutter- that’s how your house should look like if you’re putting it up for sale. Second, you need a good broker to help you with the selling price and negotiations with potential buyers. You can opt to sell your house by yourself, but having a good broker by your side gives you the advantage of knowing all the financial aspects of house selling. You might even score profit if your broker manages to sell your house above its market value. Every bit of cash counts, so even if you’ll have to spend some money hiring a broker, it’ll all pay off in the end.

Third, you need to learn how to initiate good sales talk. Some people have this ability already, especially those who work in the corporate arena. However, if you lack good sales talk skills, now is the time to learn, because your interactions with potential buyers will be a great deciding factor in whether you’ll seal the deal or not. If you have a friend who’s a salesman or a customer service representative, ask him or her to give you a crash course on proper sales talk.
With these steps, you’ll be able to get cash for house, and solve your financial troubles once and for all.

The Many Types and Faces of House Buyers

If you are selling your house for a good amount of time, you probably encountered (or at least entertained yourself or your agent) several house buyers that are interested to see your house and hopefully, buy it from you. However, they are many types of home buyers as much as there are many kinds of house sellers in the housing industry. Here are some examples of house buyers and their distinctive characteristics.

  1. The Forceful Buyer. You might have a big reservation for this type of buyer. This type of buyer will force you to sell your house to him for some reason. As much as you are probably delighted that you will finally sell your house, you might not like their attitude towards things. But if you are in for the cash, take the offer and give him the house.
  2. The Negotiating Buyer. This type of buyer also loves your house but hates your pricing. This type might try to haggle the price tag into something lower than you considered. It is up to you whether you will entertain this one or not. You may love the buyer’s interest but his price might not give you any profit at all.
  3. The Reasonable Buyer. This type of buyer is like milder form of the Negotiating buyer. You find him negotiating for a price but he does not have an aggressive approach when it comes to negotiating. If he feels that price is justified as some point, he will make an offer.
  4. The First Time Buyers. These people are full of excitement and fear when they come to inspect your house. They are probably brought an agent, friend or a family member along. They might like your house, appear interested but you cannot be sure if they are actually make an offer or agree to your price.
  5. The House-Window Shopping Buyer. Another term for these types of buyer sis the lookers. There are really house buyers but they usually do not make an offer. They would love to see and look around your house but it might not directly translate to cash.
  6. The No Question-Asked Buyer. This is your ideal buyer. This buyer will buy your house at any cost. They just want your house for the same condition like the Forceful Buyer. Unlike the Forceful Buyer, they do not use force and they let the money speak for itself. They do not negotiate, they do not look – they just want the house, period.