74 Beaver Lake Rd, Ware, MA 01082
132 & O Comins Pond Rd, Warren, MA 01083
If you're anticipating putting your home on the market soon and want to sell it as quickly as possible, you're probably thinking that the best way to accomplish this is to accept a major drop in price. Although it's true that price points can affect how quickly a property sells, you don't have to dip much, if anything, below market value to facilitate a fast sale as long as you live in an area with a moderately healthy real estate market. Following are five proactive ways you can help your upcoming home sale go quickly.
Declutter and Depersonalize
One of the key components of a successful home sale is creating an environment where potential buyers can easily envision themselves and their family enjoying a pleasant life. Too many family photos and general clutter takes away from this. Renting a storage unit helps by providing a place to keep things and also gives you a head start on your move.
Homeowners who limit when the house can be shown are missing out on a lot of potential buyers. Although it's a hassle to always have to be available, you can make it easier on yourself by doing a general quick cleaning every morning and by using the above strategy of keeping clutter to an absolute minimum. If you simply can't guarantee availability for last-minute showings at all times, at least try to do so on weekend because that's when most people are looking at homes.
Have Professional Photos Taken
Professional photographs that show your home in the best possible light make it more likely that prospective buyers will ask to see your home. Don't settle for just any local photographer, though -- ask your real estate agent to recommend someone who specializes in home photography.
If you move out of the home, you and your family won't have to endure the inconvenience of people coming in and out, and your real estate agent will be free to show the property at literally any time.
Paint Your Home in Neutral Colors
Now is the time to make your home look as much like a blank slate as possible without sacrificing any of its charm. Neutral colors don't clash with anything, so buyers are therefore less likely to pass on your home due to aversions to certain colors, and there's something really appealing about a fresh coat of paint.
You'll also want to amp up the curb appeal of your home to make it more attractive. Because people are often blind to the faults of their own environments, ask a trusted friend or relative to look at your home exterior from the critical eye of a potential homebuyer and add improvements from there.
10 Ridge Dr, Dudley, MA 01571
When you're considering buying real estate as an investment, it's a good idea to weigh the pros and cons. That's especially important with "subject-to" real estate, because there can be risks and rewards with this type of property that are different from traditional purchases. Here's what you should be considering, before you decide on this investment strategy.
The Pros of "Subject-To" Real Estate
On the "pro" side of buying "subject-to" real estate is the way you can acquire multiple properties for your portfolio. Additional benefits include:
The Cons of "Subject-To" Real Estate
With any real estate transaction or investment of any kind, there are cons that come along with the pros. When you weigh them carefully, here's what you should be thinking about:
Why Choose This Type of Real Estate Investment?
If you don't have the money or credit to buy investment properties, buying "subject-to" can be a good choice if you understand and mitigate the risks. You may also want to choose this option if you're trying to acquire a lot of properties quickly, and you want to save money over traditional purchasing options. For people who buy "subject-to", there can be big opportunities to buy quality properties they might not be able to afford under typical circumstances.
But it's very important that you're aware of the risks and legalities. Getting an attorney to help you with the first few properties, and to collect and make the mortgage payments on all the properties you buy, can be one of the ways you can make this type of transaction safer and better for you and the seller.