Today May be a Good Time to Trade Up
If you have some substantial equity in the current home, you are in a good position to sell.
Home Buyers In Culpeper VA: Have you wanted to move into a larger house? The one you bought several years ago was great for the two of you and the dog. Then you started your family and a little one moved into the second bedroom. The space problem was still non-existent at this point as you still had that third bedroom you use for a home office.
Then, the inevitable occurred and you were blessed with a second bundle of absolute joy. The kids are sharing a room for now, as you really need that home office now so you can shut the door and concentrate on your work. The children keep growing, however, and you know your cozy little house is no longer adequate for your growing family. With the low, low prices of homes everywhere these days, it seems like a terrific time to buy. There’s just one problem with that; since home prices are so low and so many homes are on the market, it could take forever for you to sell the house you are in today. You can afford to buy a larger house, but you can’t afford to pay two mortgages while your current house is still up for sale.
“You can save even more money selling to an investor because you will be able to sell the house just the way it is.”
You can be quite creative when it comes to buying a second house. If you have some substantial equity in the current home, you are in a good position to sell at a good price to prompt a quick sale. That may allow you to buy another home, even if you must ask for a contingency in the terms. That gives you some flexibility when you can’t afford to pay double mortgage payments. If you find a wonderful house that is larger than what you now live in and will suit your new family situation, you can talk to a real estate investor about buying your house. They generally give between 70% and 80% of the current market value for houses they buy.
The purchase takes only a week or so and they handle the paperwork for you. Another great thing about investor purchases is that they don’t charge fees or commissions.You can save even more money selling to an investor because you will be able to sell the house just the way it is. Most investors don’t require you to clean the yard, paint the house, fix the window screens, or remodel the bathroom as you would have to do if you sold it on the traditional market.
We Buy Houses Direct are experienced real estate specialists in Stafford Virginia. They buy houses that others won’t touch in the following areas of Virginia:
We are not real estate agents who list your house looking for buyers. We are Spotsylvania local home buyers, and there are no fees or commissions to you when we buy your house.
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Filed under: House Selling Tips
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