Carrying back a second trust deed on your house can help a lot of people qualify who may have not otherwise been able to. If you need all of the proceeds from the sale of your house, this method may work for you. You carry back a note for, let's say $40,000, but you offer the note to the buyer for only $35,000 providing the note will be paid off within the first month of ownership.
The buyer will now need to get approval for an equity line or second trust deed, which can close in as little as 4 days after the buyer takes possession of the home. Have a talented lender assist with this type of a deal, but realize that even though the buyer agrees verbally to this agreement, they aren't obligated to retire your note any sooner than the note itself states. The motivation to retire your note quickly has to come from the discount incentive. Sounds tricky, but it works.
If you have a pool, it should look like you're just ready to throw a pool party, even if it's the dead of winter. You want to be sure to remind the buyer of how much fun a pool really is! This means a clean, uncovered pool with all of the furniture out and looking its best!
Polish all fixtures in your home. Brass, chrome, glass, etc. with a high polish will add a sparkle to your home!
Offer to make the buyer's first 3 mortgage payments. This looks very attractive in your advertising. Many people like the idea of having a little grace period after moving into a new home, but usually when it gets down to negotiating, a lower price seems to prevail. Be sure you (or the buyer) are using an experienced lender, since seller concessions seem to confuse many less experienced lenders.
 |
| Look Familiar? |
Did you ever find you were having trouble pulling your car into the garage because you have so much stored in there? Clean it up by storing everything you can at a helpful relative’s home, or a rented storage unit. This way, your garage area will appear larger and when it comes time for you to move, you will be more organized.
When you are ready to list your home, it’s always a good idea to have the carpets cleaned. A clean home will always sell faster, and you should accentuate the fact that you have a clean home. Leave a few pairs of shoes just inside the front door to imply that you are meticulous about the appearance of your house!
A fresh coat of paint will always help sell the house faster, but if you can’t afford it, try this instead: paint the front door and, if needed, the entry area around the front door. If you don’t have any matching paint around to use, see if there is a plate fixture or some other item you can remove and take to the paint store with you to have the paint matched.
 |
| Wow! Look at that Shine! |
Tip #4: Clean or paint appliances
Appliances should be sparkling clean at all times. If your kitchen appliances have broken knobs, replace them. If your stove is green, your dishwasher is gold and the trash compactor is black, have a professional come in and paint them one matching neutral color. This is much less expensive than buying all new appliances, and it will add dramatically to the “salability” of your kitchen!
