Posts Tagged ‘Investments’

Tips on Buying and Selling Colorado Springs Houses

Thursday, December 1st, 2011

Buying and selling real estate is a difficult job. It’s a fast paced industry with many rewards if you know what you’re doing. A good case scenario is when a house is sold in minutes, hours, days or weeks. The worst case scenario is when it sits on the market for months or even years. This is why having up to date information is vital to “win” in this industry. I will offer some helpful tips to make the house buying and selling process in Colorado Springs a little more manageable.

Tips on buying Colorado Springs Houses

1. Acquire as much background information as possible before you decide to work with a bank, mortgage banker, credit union or any kind of institutional lender. In addition, make sure that you know beforehand all of the fees associated with a loan.

2. Do not put yourself in a position where you are over-obligated where certain things are concerned. Some areas are best to be left up to the seller to take care of. This is where good negotiating skills come into play.

3. Never make a purchase that is far beyond your financial reach or just about there. Even though Colorado Springs houses make great investments, you want to take into account the fact that anything can happen in this economy pertaining to your financial status. Therefore, the ideal house should be 25% to 30% lower than your present income so you can still afford it.

4. Whether or not you have decided to use a real estate agent, you should make a list beforehand of what you are looking for. You should determine what areas are crucial like a good school district or being close to work and what you are willing to sacrifice such as granite countertops or a whirlpool tub.

Tips on Selling Colorado Springs Houses

1. They always say spring is the best time to put houses on the market. But besides the season, the best time to make sales is when interest rates are at their lowest. Low interest rates are beneficial to buyers and sellers and if you are both then there is no better time than the present.

2. When selling a house, you should ensure it is showcased in its best light. Basic home improvements can make a big difference in the real estate world. The exterior of the house should have curb appeal. Potential buyers should see your house from the outside and be excited to see what’s inside. Also, if the inside needs painting then take the opportunity to choose a paint color that will appeal to most buyers. Even simple things like fixing cracks, and giving the house a really good cleaning so it smells and looks good can have a great impact on house hunters.

3. If you want to sell your house on your own as opposed to hiring an agent, it may take longer. This is especially true in a buyer’s market where there are more sellers than buyers. In this case a real estate agent will have the upper hand because they have more contacts in the real estate community.

4. It’s best to sell your house at market value. Going higher can discourage a lot of potential buyers. Also, it’s better to appeal to a wider market than take the chance of hoping that one person will want to pay it. In addition, you may end up getting more money anyway if you have a hot property as there may be competition with multiple bids.

Selling Your Colorado Springs House Quick Even Without A Realtor

Friday, April 3rd, 2009

We know for a fact that real estate investing is one of the biggest if not the most challenging investments you can ever make. On the other hand selling your house is one of the most difficult decisions you will ever make as there are a lot of things to be considered. These includes the pricing, the methods on how to sell fast, the right people to deal with, finding motivated buyers, finding a trusted real estate agent and a lot more. It is especially crucial with the latter factor in cases where you as a motivated seller is much eager to sell your house fast. But do you know that you can still quickly sell your house even without having to look for a realtor to assist you? And how is it possible when you are selling your Colorado Springs house?

Knowing the fundamentals in selling houses quickly will aid you in finding all the significant information you need so that you will successfully sell your Colorado house. For instance, you’ll need to recognize and learn all but the market price of houses you may own in the area in this case

Colorado Springs areas to be specific. If you want to do it profitably, take note that it would require a significant amount of time and effort on your part so that if you prefer not to ask some assistance from a realtor, you will still be able to do the deal without any hassles. Some of the tasks entails between addressing prospect queries, viewings, follow-ups, and marketing, you must anticipate and be prepared to put more or less twenty to forty or more hours weekly and likely even a lot more. This is quite true especially if you are still starting as you set up your marketing campaign in addition to your sales tools.

One of the advantages in selling your house without the help of a real estate agent is that you can save a quite amount of money in realtor commissions. If you decide to do so make sure that you can handle all the dealings on your own and you will not end up in the losing end. Although this idea is not an easy one, it is becoming a popular resort in the current housing market and an available resort among sellers. Without a knowledgeable and honest Realtor to direct you through the whole process, you will have to hone your know how on the housing market in your area, the lending practices, the loan availability as well as the prerequisites for a house sale. You will also need to polish your negotiation and people skills and most of all pull in time in your schedule for you to be available to show your house for sale to the prospective buyers. Read on for some tips on how to sell your house even without a Realtor.

Louis Batides is not a Realtor - he makes it clear on that one - but he buys houses and he can help you on how to sell your Colorado house fast. Since he does not ask for fees or commissions, he assures whoever he helps that they will get a fair deal in selling houses. As an expert in selling and buying houses in Colorado, he can help you out on how to sell your house in Colorado and he can also work in all types of mortgages.