Sight unssen.What is that? It’s buying a piece of property without ever walking in the home before you close.
I have been working with a set of buyers for over a year, trying to find them the right condo for them. This set of buyers were out-of-state, located in Boston. There have been several condos that we have put in offers on, sight unseen but were not accepted, we were out bid. Happens all the time.
They had been looking on-line for the condos in Hollywood Beach, when something came across that they liked, they would call me and ask about the unit. I would go down and do what I do, did a property preview on the condo, the building, the amenities and anything else that the buyer would want to know about.
So when she sent me the last one she was interested, I do what I and I sent it to her. She said yes, yes, let’s put an offer on it. We did, it was a Homepath listing, so everything was done online. I get the email back 3 days later, OFFER ACCEPTED!. Now the buyers are happy, I handle all the leg work down here.
Closing was set of May 10, interview with the HOA May 9. So after the interview was done, we go upstairs to see the unit for the first time in person. She had tears in her eyes, my first reaction, Uh Oh, what’s wrong? She says she is happy, it’s even more beautiful in person. Look at my views, I have the ocean and the intercostal.
I was happy to see her so happy. Selling a home based on a video is fantastic. Love love love it. Now I plan on doing more property previews of listings, as well as my own listings. Buyers like to be able to have a visual. Pictures only go so far, how many times have you seen a picture and then walk into the house and think, this is not what the picture looked like. Well this is house she felt. She was able to see herself walking through the condo as I was recording it.
I do what I can for my buyers, so if that means taking the extra time to go out and record so they can have an idea of what it looks like so they don’t have to fly out every time so that they don’t miss out on the opportunity, then I will do that!
Here is the video of the unit I did for her.
Do you take the time out for your buyers like this. I do!
You ready to sell to now what?
You have been reading the papers, listening what others are saying. The Real Estate market is doing so much better, and now is the time to sell if you were ever thinking about it. So you want to contact a REALTOR to list and sell your home. So now what do you do.
There are so many things you can do to get your home ready to put it on the market. My very first tip is to de-clutter your home. You want a buyer to be able to see themselves and their furniture in the house.
Clear your counters especially in the kitchen. I have two pictures here on the same kitchen. Before and after the seller cleared the counters to get it ready for the potential buyers to come through her home. I can tell you that this particular house went under contract within 24 hours, for above asking price!
See how good it looks?
How great is it to see how nice the counters look like without all the stuff you may use on an everyday basis. It can make or break you getting your house sold. There are many other things we can do to make it sell faster. Stay tuned for more tips to getting it ready to put on the market, such as Curb appeal, Painting, Landscaping. If you also have any ideas or tips would love to hear them as well, any input is great feedback.
Do you have any questions on getting your home listed to sell, are you ready to get your home on the market? Why not contact us here at Condodomain/Better Homes. It would be our pleasure to sell your house.
We can get you results!
Would you color your walls?
When you list your home for sale, I know most agents say to paint your walls a neutral color. It’s easy on the eyes and usually goes with all styles of furniture no matter the color of it, but here is my problem with that. When buyers are shopping for a home, they usually have more then one home they are scheduled for in a day. So when they are going from house to house, they tend to blend into one another. So when you have that one house that has color on the walls it stands out, it’s bold!
Now when the buyer starts to narrow down on which home is the one for them, they start out by describing each home. The one with the island kitchen, or the one with the circular driveway, or in this case the one with the Green living room, since that’s the one they can remember. It’s how they described the home.
Now am I telling you to go out and paint your walls with color? No not at all, but if you have colored walls, don’t go and paint them white/neutral. You want to be remembered.
Here are two different pictures, one with Neutral colored walls, and the other with Green walls. Which one stands out to you? Which one would you remember? I would love to hear your input? Have you gone looking at homes? What do you remember about it?
On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. The extension of this act, which has saved homeowners more than $1 billion dollars in taxes, is great news for struggling homeowners nationwide.
For another year, distressed homeowners can pursue foreclosure alternatives, such as loan modifications and short sales, without paying potentially thousands of dollars in taxes on forgiven mortgage debt.
To learn more about the Mortgage Forgiveness Debt Relief Act and foreclosure alternatives, browse the information on my site and download a copy of my free report entitled “Attention: Distressed Homeowners! Congress Renews Critical Homeowner Relief Program!”
As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I offer all of my clients the benefit of the best expertise and insights when it comes to foreclosure avoidance.
If your or someone you know is facing foreclosure, contact me for a free, confidential consultation, and I’ll help find the best possible solution.
To view listings for sale visit here.
To be honest, its hard to really say how long it can take. I have seen short sales last 30 days and others for over a year. It really depends on the bank the lender is with, and who is handling the file. When you are using a CDPE REALTOR (Certified Distress Property Expert), they handle their own files. They will be on top of it, calling and checking on status. If a third-party is handling it and the many others that agents send, they can not call as often. Now I am not saying short sales handled by them or not handled properly, I just see that they take much longer.
Time frames can vary also based on the Listing price. If the home is listed at a fair market value, based on the most recent sales, then you can generally see the home being shown quite frequently. After that when an offer is made, at that point all papers are sent to the lender. At some point the bank will send someone out to value the house, this step usually can take up to 3 weeks. Once the value is in, they will compare it to the offer that was made and will either deny or approve it. If we have an approval, the buyer at that point will have 30 days to close on the home.
Based on the steps above, your average time it takes to sell a Short Sale listing is in and around 60 to 90 days, from beginning to end. Now remember I said AVERAGE….
If you have any questions in regards to short sales, or are interested in listing your home as a short sale in Broward County, please contact me at 954-993-4104 or email me at Jeannette@CondoDomain.com.
Jeannette Neerpat, CDPE, e-PRO
7727 NW 79th St
Tamarac, Fl 33321
If you have been contemplating on selling your home as a Short Sale and you have a Bank of America loan…Pay attention, you may be eligible to receive up to $30,000 to help you with moving expenses. Read below to see how it works:
Bank of America is excited to offer enhanced relocation assistance. Qualified homeowners who initiate a Preapproved Price Short Sale (without an offer) could be eligible to receive $5,000 - $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property, depending on the investor involved.
Determining your clients’ eligibility is easy:
The homeowner must participate in one of the Preapproved Price Short Sale Programs, such as:
HAFA (Home Affordable Foreclosure Alternatives)
Bank of America’s Cooperative Short Sale Program
Specific investor participation and eligibility criteria do apply to these programs.
Homeowners not meeting eligibility requirements for the enhanced relocation incentive may still qualify to receive $2,500 – $3,000 in relocation assistance from government and bank-sponsored programs.
If you would like a FREE consultation, please feel free to contact me at 954-993-4104 or by email at Jeannette@CondoDomain.com.
Jeannette Neerpat, CDPE, e-Pro
7727 NW 79th St
Tamarac, Fl 33321