Winter is a magical time for many people, and even with the cold weather, people don’t stop purchasing and selling homes. Keep reading to find out what you should expect when you sell your home in the winter. 

Sell Your Home During the Coldest Months

Winter is when people are focused on home improvement. Your property may need some repairs or updates before you sell your home, so take advantage of spending time inside your home to repair the house or update it. Ensure to do this before listing your home on the market so there won’t be problems during the appraisal process.

Another great benefit to selling your home during the winter is that it can take some time to close on and for the buyers to move it. So you and the buyer can look forward to moving during early spring. 

Sell Your Home As Quickly as Possible

If you choose to sell your home in winter, there’s a good chance that you’ll want to sell as fast as possible. To do so, follow these simple tips: 

• Stage your home to look warm and cozy to welcome in potential buyers
• Keep up on your curb appeal and front yard 
• Price your home accurately to sell
• Have your home inspected and appraised ASAP
• Let your agent and buyers know that you’re motivated to sell fast
• Get a reputable listing agent 
• Have most of your things packed up for a quick move 

The Benefits of Selling Your Home in the Winter

If you want to sell your home in winter, there are a lot of great reasons to do so. Here are a few things to consider: 

1. There’s less competition in the winter because many people choose to wait to list their house. However, people don’t stop buying homes in the winter, so you may get more offers and better offers than if you were to wait. 
2. January is the time of year when a lot of people relocate for new jobs. By listing your home in early winter, you can hit the target market of people moving for work. 
3. People looking for houses in the winter are more motivated to put in offers and close fast. 
4. Your listing agent may not be as busy during this time of year, so they may be more attentive and responsive to your needs. 

Sell Your Home During Any Season With Offero Home Buyers 

Whether you need to sell your home in winter or the middle of summer, Offer Home Buyers has your back. We buy houses as-is with all cash. All you need to do is call us, tell us about your house, and wait for a no-obligation, all-cash offer! No need to wait for the season to change; we’ll buy your home now! 

We are currently purchasing homes in Nevada, Minnesota, Indian, Florida, and other states too! Contact us today to learn about our process and get started on selling your home!

The post Why You Should Sell Your Home in Winter first appeared on The REI House Buyers.

Staging a house might feel intimidating for homeowners looking to sell, but trust us, it’s not as bad as it may seem. We’re here to walk you through the basics with some easy tips to get your house ready to sell. Please continue reading to learn more!

Staging Rooms

Since your home is for sale, you’re going to want to make it look good. One way to make it look better is to stage each room to make the house feel welcoming. Most people will use staging services, but that can be money-consuming. Before you rush to spend thousands on a professional staging company, consider how you can do it yourself. While it will take some time, it is quite affordable.

There are a variety of steps you can take to stage a room. Here’s what you need to know to get started:

• Clean the room top to bottom
• Pack up your personal items
• Arrange the furniture to make the room look more spacious
• Keep the beds made and the surfaces clear of clutter
• Anything visible should look like it was placed there purposefully

Get Rid of Clutter

Clutter is the number one thing that potential home buyers have a hard time overlooking. Whether you live in a single-family home or a condo, having a bunch of boxes or other items around can feel like clutter to people that come into your home for showings. For this exact reason, your house will most likely sell faster if you make an effort to get rid of any clutter.

When you’re staging your home, and you have a lot of things around your home, just be sure to pack up all the nonessentials before listing your house and accepting showings. Cleaning ahead of time is going to make the whole staging process much easier and faster. Also, the more organized your home is, the more people will like it and see themselves living there.

Make it Comfortable

By now, you’re likely aware that a house’s energy can make or break the sale. After all, what can sell for hundreds of thousands of dollars without making everyone who steps through the door comfortable? Most people want a house to feel like home, so it’s essential to do your best to make your home comfortable. 

When it comes to staging your home, you might feel like you want your decor to be as minimal as possible, but a home should still feel like a home. A great way to achieve this is to put out throw pillows on couches, use welcoming wall decor, and stage your home in such a way that you would feel happy living in it yourself.

No Need to Stage Your Home With Offero Home Buyers

If you’re selling your home and feeling overwhelmed about staging your house, don’t sweat it! With Offero Home Buyers, there’s no need to stage it! Instead, we’ll buy your home as-is for a fair purchase price, and we’ll pay all-cash for your home upfront. So, if you’re ready to sell your home in a hurry without staging it, contact us today to learn about our process and get a no-obligation offer!

We purchase homes across the United States in Tennesee, Alabama, Arizona, Nevada, Ohio, and many other states, so don’t wait! Call today!

The post Staging Your Home: How to Get the Most Out of Your House first appeared on The REI House Buyers.

Let’s face it, selling a home is no easy, stress-free task. And while you might have nothing but good intentions, there are a lot of mistakes you might make without even knowing. So instead of working against yourself, continue reading our knowledgeable guide to help you avoid common house selling mistakes.

Mistake 1: Not Pricing Your Home Right

For starters, this might be the most important mistake to avoid when selling your house: pricing your home incorrectly. Think about it this way, when you put a home on the market, how do you price it? At an asking price? Or at a selling price? Do you just aim to get the highest price? Or do you think about how you’re going to achieve a profit?

Of course, there are different types of homes with different values, and it all depends on a lot of factors. But one thing is certain: if you price your home incorrectly, your listing will probably be unsuccessful. In a real estate market, sellers are forced to price their homes accordingly so they don’t take a hit on a lower sales price.

Mistake 2: Badly Staged Home or Not Staging at All

If you are going to invest time and money into selling your house, you want it to be a good showing. That means staging it so it looks great from the moment someone walks in the front door.

A quick look at some basic things you want to look at include:

1. Interior: It’s important to have a fresh coat of paint on everything, including walls, ceilings, moldings, trim, and accessories. Get the floors professionally cleaned and do a deep clean on the furniture, blinds, ceiling fans, and everything in between. 

2. Exterior: Keep your grass mowed and your hedges trimmed. You might even consider repainting the exterior of your home or having the siding professionally cleaned. It won’t hurt to bring that staging outside either, but putting out some patio furniture or just decorating for the season. 

Mistake 3: Poor Quality Pictures

Here’s the thing – it’s easy to hire a professional photographer that will take high-quality pictures of your home. And trust us, it will make all the difference. As long as you have great photos that accompany your listing, you’ll find that you’ll get lots of interested potential buyers asking to see your home. And it’s simple math – the more showings you do, the more offers you’ll get, and with more competition, you’ll definitely get much higher offers!

Sell Your Home to Offero Home Buyers to Avoid Making These Common Mistakes 

When it comes to selling your house, there’s a good chance that you’ll want to sell it fast and for the best price. You might wonder, what the secret? Selling to Offero Home Buyers is the secret! We purchase homes across the United States in Nevada, Arizona, Florida, Indiana, Kansas, Ohio, and so many other states for fair competitive prices in cash! If you are curious about our process, contact us today to learn more and get an obligation-free offer!

The post The 3 Biggest Mistakes When Selling Your House first appeared on The REI House Buyers.

• The labor shortage has slowed down construction nationwide. 
• An influx of people wanting to take advantage of record-low mortgage rates.
• There is a limited amount of land available. 
• People are looking to own a home instead of renting.

Should you sell your house during this housing shortage?

The short answer is yes! From a seller’s perspective a housing shortage means there is more demand than there is supply so now is a time to sell. With housing prices at an all-time high just make sure you are ready to move because houses are selling fast.

How to take advantage of the housing shortage if your house is not ready to be listed. 

Putting your house on the market can take a lot of time considering you have to prep and clean your home along with making repairs to be sure it is market-ready. Selling now means you can take advantage of this short-term housing shortage. Cash buyers will buy your home as-is and they will give you a fair cash offer. This gives you the ability to get a fair price, sell your home fast, save money on repair costs, and avoid real estate agent commission fees and closing costs.

The post What does the housing shortage mean for potential sellers? first appeared on The REI House Buyers.

The element of risk is slightly higher when considering investing in Fix & Flips on your own because the math behind it requires a more accurate estimate of how much repairs will cost and the time needed to complete them. For a successful Fix & Flip, there a few key factors to consider; invest in areas that have high demand and understand the entire process from acquiring the home, estimating repairs, the time needed to complete all projects, and how you plan to list the home on the market once it is ready to sell.

Most experts suggest if you are new to Real Estate investing to work with an experienced partner to help navigate the system. You need someone who can provide you with a comprehensive estimate and someone who can manage the project from start to finish. The longer you hold onto the property, the less money you make, so you’ll want to be sure to stay on your timeline and within your budget.

For nearly twenty years Offero Home Buyers has worked with investors of all sizes, to create successful Fix & Flip opportunities. If are looking to start investing in Fix & Flips, we have the expertise you are looking for. We find the property, generate a comprehensive report including the estimated rehab budget, and have our team of contractors complete the projects. All you do is provide the capital and we handle the rest! 

Since we primarily invest in properties that are in areas that have a high demand we can typically flip a home and collect returns in roughly 120 days or less. We can bring a quarterly return on investment to our partners of up to 30%, this is far better than a typical return on the market of 6-7% annually depending on how aggressive you are.

Like all investment decisions, the best real estate investments are the ones that best serve you, the investor.

The post How to start investing in Fix & Flips first appeared on The REI House Buyers.

The biggest problem is that home prices are skyrocketing and buyers can’t find anything they can afford. Some prices can increase by $75,000 over a period of 8 weeks, making it challenging for those that have saved up a down payment but are still being priced out. One way to overcome this would be to sell, and rent until there are more homes available.

The location of where you’re looking to buy is also a factor in the price you’ll pay. If you are able to move to a different part of the Valley you may be able to find a home at your price range. Here is a list of the zip codes that have seen the biggest increase in home value over the past year.

• 85249 in Chandler – Home prices are up 43%
• 85201 in Mesa – Home prices are up 43%
• 85268 in Fountain Hills – Home prices are up 47%
• 85255 in Scottsdale – Home prices are up 51%
• 85253 in Paradise Valley – Home prices are up 59%

Those that are looking to sell a vacant or tenant-occupied property are in a better position. They will get top dollar for their property and selling to an off-market buyer could give them a competitive price and allow them to sell without taking on additional costs to improve, repair, or prep their home for selling on the market.

Like the temperatures here in the Valley, the housing market will continue to heat up this Summer.

Source:
Phoenix housing prices set new records, creating challenges for home buyers.
Jason Barry, AZFamily.com; May 10, 2021

The post Phoenix just set another record for home prices! first appeared on The REI House Buyers.

In this week’s blog, we’re going to highlight recent predictions from the real estate experts at AZ Big Media.

Prediction 1
The first of our housing market predictions are mortgage rates will stay grounded. Currently, the 30-year fixed rate is hovering around an all-time low of 2.75%, which is a 50-year low.

Prediction 2

Next, inventory will stay sparse. This is good news if you plan on selling. In fact, it’s not uncommon to have a home go under contract in just a few hours because inventory is so low.

Prediction 3

First-time home buyers will remain a strong force as well. The largest group of Millennials are now in their mid-30s and this is bringing a wave of demand from renters looking to buy their first homes.

Prediction 4

Rental inventory is also low, and home rental prices are also on the rise, so if there’s any way to hold onto your home and rent it out, do it.

Prediction 5

Lastly, buyers are putting down a lot more cash. We expect to see buyers continue to put more than 20% down in order to avoid paying for mortgage insurance.

The experts are also saying, that many buyers aren’t waiting for a return to normal. They’re anticipating a ‘new normal’ in which they live, work, and entertain and having a home is a big part of that.

Click here to read the entire article.

Source: AZ Big Media, 5 Arizona housing market predictions for 2021, by Asher Cohen, Founder of Scottsdale-based BUYAZRE.com, May 22, 2021

The post Five Arizona Housing Market Predictions first appeared on The REI House Buyers.

What is a seller’s market?

A seller’s market simply means there’s more demand for homes than there is supply. In a seller’s market properties will cost more due to the limited supply.

What does it mean for a seller?

This is a perfect time to sell but make sure you have a plan. Decide if now is right for you and your family based on you and your family’s schedule and your financial situation.

If you don’t have the time or resources to get your house market-ready, an alternative to the traditional sales process is to sell your home to cash buyers like us.

With the growing demand for houses, selling off-market allows you to get a fair cash offer and can sell your home as-is and sell on your timeline.

What does it mean for a buyer?

As a buyer, you need to be ready for some tough competition and prepared to be out-bid from time to time. Be aggressive but stay within your financial means and make sure you’re flexible with your next living situation.

How does selling off-market fit in?

Selling your home off-market means that instead of a traditional listing with a real estate agent, you sell your home directly to a buyer. Most off-market buyers will offer you a fair cash offer – which can give you a little peace of mind since you don’t need to worry about a potential buyer backing out of the deal. The other benefits of selling your home off-market are: you can sell your home as-is, there are no commission or fees, you don’t have all of the time-consuming paperwork, and since they buy with cash, you’ll be able to close on your timeline and sometimes within as few as seven days.

The post It’s a seller’s market, what does that mean? first appeared on The REI House Buyers.

If you’re a homeowner who is avidly watching housing prices skyrocket to all-time highs across the U.S., you may feel like you’ve won the lottery!

As median home prices are up and continue to follow the soaring trend in the top markets: and with the number of home listings down below the typical real estate market inventories (due to extreme high-demand and low inventory), it has come together as a perfect storm of high demand and low supply of houses with plenty of eager buyers looking for a little more space after spending months in their homes or apartments during quarantine.

“Massive price gains are pretty common all across the U.S., we’re talking double-digit price gains over a year ago.”

Realtor.com, Chief Economist Danielle Hale

While it may be tempting to cash in right now and make a profit on your home, there’s plenty to think about before you put that “For Sale” sign up.

1. Research first – know where you want to move to and when you want to sell.
2. Don’t try to predict the market – once you decide to sell, stick to your plan.
3. Decide if now is right for you and your family based on you and your family’s schedule.
4. Do you need to sell fast due to a divorce, foreclosure, probate, or other unforeseen circumstances? Selling off-market allows you to get a fair cash offer and you can sell fast.
5. If you need to sell your house as-is you may want to consider selling off-market and skip all the time-consuming paperwork and costs that come with using a Real Estate Agent, plus you’ll save money because you won’t have to repair or prep your home to sell.
6. Have a plan and know the timeline in which you need to sell, find a new home, and prepare to move.
7. Most importantly, if it is right for you – now is the time to sell.

Source: RealSimple.com, Money Confidential, Is Now the Right Time to Sell Your House?,
By Lisa Milbrand, March 19, 2021

The post Is now a good time to sell your home? first appeared on The REI House Buyers.

In this blog, we’re writing about the highlights from the CNBC article published, Thursday, April 29th. In 2020 millions of Americans refinanced their home mortgage to take advantage of record-low interest rates, however, there are still millions of homeowners that haven’t taken advantage of the lower rates.

With the new refinance program millions of eligible borrowers will be able to refinance their mortgage at a reduced interest rate and lower monthly payment starting this summer. According to the Federal Housing Finance Agency, which oversees mortgage-backers Fannie Mae and Freddie Mac, this would save them an estimated $100 to $250 a month. Participating lenders would also need to waive the current adverse market refinance fee for borrowers whose loan balance is no more than $300,000. And if the borrower is ineligible for an appraisal waiver, the lender would need to provide a credit of up to $500.

Of course, borrowers will need to meet eligibility requirements, which include having an income that is no more than 80% of their area’s median income.

Sources:

CNBC Article – 2 million homeowners may be eligible for this new mortgage refinancing program, published Thursday, April 29, 2021; by Sarah O’Brien

CNBC Article – Refinancing your mortgage will cost more thanks to an ‘adverse market’ fee, published Friday, September 18, 2020; by Sarah O’Brien

The post You may be eligible to reduce your mortgage and interest rate on your home. first appeared on The REI House Buyers.