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July 31, 2020

Will COVID-19 Affect When You Can Sell Your Home?

Selling a home has always been a fairly difficult process. In the midst of a global pandemic, it is even harder. You have to worry about safety precautions and whether prospective buyers will want to handle the process in-person or online. You also have to think about what a local outbreak could mean for your sales prospects. After all, if your community has to go into lockdown again at some point in the future, that could mean no homes are getting bought and sold. Here is what you need to know about how COVID-19 could change your timeline for selling your house.

COVID-19 Has Changed The Way Homes Are Bought And Sold

The biggest change is how so many processes have been moved online. Many showcases are now virtual. But in some cases, prospective buyers are still coming to a property to see it in person. Often, they are signing statements that they do not have any COVID-19 symptoms and that they have not been in contact with anyone who does either. But this still comes with risk, and you have to determine how much risk you are comfortable with when it comes to selling your property. 

An Outbreak In Your Town Could Make A Traditional Sale Impossible

If you are more comfortable with in-person showings, you should be aware that an outbreak could make a traditional sale impossible. If your town becomes a COVID-19 hotspot, you might not be able to conduct in-person showings at all. Are you prepared to wait it out? Do you have to sell immediately? If you need to sell right away, it might be better to call a company such as 4 Brothers Buy Houses and sell your property for cash. 

Your Sale Timeline May Change Based On Events Outside Your Control

The biggest thing you need to realize is that COVID-19 has moved events outside of your control. In the past, selling a home was frustrating or tedious, but you knew how the process would play out, for the most part. Now, your county or state government may mandate a lockdown, or institute new regulatory changes on how homes are bought and sold. Navigating this process can be expensive and time-consuming. Some homeowners may want to wait for more favorable conditions. Others may decide they want to try to have a traditional sale despite the virus. Some may want to sell as quickly as they can to a company that will purchase their property for cash.

Trying to sell your home during the COVID-19 crisis? Don’t fret. You can call 4 Brothers Buy Houses and sell your property on your own timeline. We’ll come to your property and provide you with a free, no obligation quote. We’ll purchase your home for cash and give you the value that you deserve for your property. If you don’t want to have to worry if the COVID-19 crisis will prevent you from selling on your timeline, then call us today. We’d be happy to buy your property so that you can move on.

February 28, 2020

Selling Property As A Landlord Doesn’t Have To Be Difficult

As a landlord, selling your property can seem like a tall order. After all, you have to worry about selling while you have tenants who are currently living in your property. Traditional home sales typically have owners hold an open house for interested parties. But as a landlord, this generally isn’t an option. For one family who owned a rental property in Washington DC, the idea of selling presented a problem. That was until they began working with 4 Brothers Buy Houses. 4 Brothers Buy Houses helped Marvin and his wife sell their rental property so that they could move on into retirement. Here is their story. 

Marvin Owned A Rental Property On Croffut Place

Marvin and his wife owned a rental property on Croffut Place SE in Washington, DC. The family had bought the property in 1988, and had used it as a rental for most of the time that they owned it. Eventually, Marvin and his wife decided that they wanted to retire. They no longer wanted to be landlords. Dealing with fixing up rental properties and working with tenants no longer had an appeal. First, Marvin’s tenants approached his family about purchasing the property. They were interested in making a deal, but they couldn’t receive the necessary financing. Marvin and his wife weren’t sure what to do–they wanted to retire, but they didn’t know how they could sell their property in a timely manner. That is when they heard about 4 Brothers Buy Houses. 

Selling To 4 Brothers Buy Houses Took A Month And A Half

Marvin first made contact with 4 Brothers Buy Houses on October 1st of 2019. By the 10th of the month, we met with him, took a look at the property, and made an offer. Marvin took a few days to think about the offer, and accepted on the 15th of October. The sale couldn’t be finalized until the tenants moved out of the property, which they did on the 31st of October. The sale was closed on November 20th. It took Marvin about a month and a half from first contact with us to final closing. He and his wife were able to get the cash value they felt their property was worth. The money allowed them to start a new chapter in their lives and move on to retirement. Selling a rental property with tenants living in it wasn’t so difficult after all. 

If you own rental property and are worried about how you are going to sell, don’t fret. Contact 4 Brothers Buy Houses in order to get a free, no obligation quote. The sale process is handled on your terms and your timeline. You can make a decision at the time that makes the most sense for you and your family. Give us a call today, and we can help you start the process of selling your rental property, just like we did with Marvin and his wife.

February 26, 2020

2020 Expected To Be A Strong Year For The Housing Market

The supply of homes up for sale in the United States has fallen dramatically, playing into the hands of sellers who are looking for a strong market. According to the National Association of Realtors, the housing inventory for the month of December was just 1.4 million units. That would be the lowest level in about two decades. With demand increasing, sellers are in a stronger position. Low interest rates are also helping buyers afford mortgages and driving up the number of offers that sellers are getting. Let’s take a look at the state of the housing market in 2020 and why this might be the best time for you to sell. 

Here are the reasons: 

Housing Demand Increasing While Supply Dries Up

While housing units on the market have fallen, the amount of interested homebuyers has spiked. Several mortgage purchase indices, such as the MBA Purchase Index, which tracks the percentage of homebuyers applying for mortgages, have seen huge gains in recent months. This indicates that buyers aren’t waiting for market conditions to change, they are interested in purchasing a new home now. This could partly be due to millennial buyers gaining comfortable employment or starting families.

Low Interest Rates Driving More Buyer Interest

Low interest rates have helped to spur this interest in the market. Buyers are finding it relatively easy to afford financing, and this has provided them with outsized purchasing power. Analysts expect buyers to remain motivated in the coming months, which could keep the housing market hot for at least the first half of the year.

Sellers May Find This Is The Best Time To Sell

Sellers who are interested in putting their home on the market may find that this is the best time to move. The housing market conditions are favorable to sellers right now, but that may not always be the case. In the coming months or years, rates could rise, meaning that it becomes more expensive for buyers to borrow. If that happens at the same time when the housing supply increases, there could be a glut of homes on the market with few buyers to scoop them up. If you are interested in selling your property, this might be the best time in the near future to make a move. 

Want to sell your home without having to jump through all the traditional hoops? You don’t have to chat with multiple prospective buyers or spend months sitting down with your real estate agent on the repairs and renovations you’ll need to make. You don’t have to sit at your computer considering the trends of the market and if they’ll move against you. Instead, you can call 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home for  cash, as-is. We’ll provide you with a no obligation quote and you can make the decision that best suits your needs. Contact us today and find out how easy selling your home really is.

January 14, 2020

Understanding the costs of selling your home

Ready to sell your home? Perhaps you are retiring and moving to a different community. Maybe you are taking a new job and are selling before you go. Maybe you just want to sell to see what you can get for your property. Whatever the case may be, you need to be aware of the costs. Selling your home will cost you money in repairs, cleaning, landscaping, and inspection fees. There are also real estate agent commissions and closing costs to worry about. Before you sell, you need to make sure that you are comfortable with these costs.

Repairs, Cleaning, Landscaping, And Inspections

When you sell your property, you’ll need to be prepared to handle things like repairs and landscaping. Those things cost money. You’ll need to have the cash on hand in order to make any necessary repairs or landscaping fixes. You’ll also have to keep the property clean and pay for any inspections that must be done before the sale is finalized. These repairs can easily run in the thousands or tens of thousands of dollars.

Real Estate Agent Commissions

Real estate agents get a commission on the sale of your property. Typically, the commission is worth several percentage points of the total value of the home. This commission can be costly, but it is typically worth it if you need help making the sale or if you don’t really know your local real estate market that well. The good thing about real estate commissions is that they generally aren’t paid until the end of the process.

Online Marketing

Selling your property means that you’ll need to reach interested parties. This is done through online marketing. You’ll need to market your property both through traditional mediums and through new ones such as social media. Online marketing may be handled by your real estate agent, or you may decide to work on it yourself. Either way, this kind of marketing costs money and you’ll need to be prepared to pony up. The cost of marketing online depends on the reach that you want to have. But you can expect a marketing campaign to cost several hundred dollars at the least. A very extensive campaign could run into the thousands.

There are real costs to selling your home that you can’t ignore. Sellers must be aware of the costs of repairs, maintenance, renovations, landscaping, cleaning, and inspections. Of course, there are also real estate agent commissions and other miscellaneous costs. If you want to avoid these costs, then you can work with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home regardless of the condition, without any need for repairs or renovations. Give us a call today and we can get started on the process.

January 14, 2020

5 ways to stay safe while selling your home

If you are selling your home, it is critical to make sure that you keep yourself safe during the process. That means not leaving out personally identifying information like financial documents or credit cards. Identity thieves are becoming more and more sophisticated, and they use a variety of tactics to get access to your information. You’ll also want to keep the door locked when you aren’t showing the property, so that it is only available when you want it to be.

Here’s how you can keep yourself safe during the showing process.

Don’t Leave Bills Or Credit Cards Out In The Open

Make sure that when you are selling your property, you don’t have any bills or credit cards left out in the open. That means taking all of your financial documents and files with personal information out of your home before the showcase process begins. Take all of those files and put them in a safety deposit box or some other form of storage. If a bad actor gets their hand on that kind of information, it can be used against you via identity theft.

Keep The Door Locked When You Aren’t Showing The Property

When you are selling your home, everyone knows. Sometimes even the wrong people. Make sure that your property is locked when you are not conducting showings. You only want prospective buyers to be there at the time that you want them to be there. Keeping your home locked will keep your property safer. If your real estate agent is conducting showings, make sure that they keep the key in a safe place. Your property is extremely valuable, and you need to make sure that you are taking all of the necessary precautions.

Make Sure You Don’t Leave Valuable Items Out

Just like credit cards and bills, you don’t want valuable items left out during your showings. Memorabilia, jewelry, collectables, and other important items should be moved to storage. You don’t want to take the risk of losing something that is valuable to you during a showing. Remember, you aren’t going to be able to watch over your entire home while prospective buyers are walking through your property.

Staying safe during the sale process is important. It is something that sellers don’t often think about, but it is critical for avoiding identity theft. If you don’t want to have to worry about these kinds of issues, then you can avoid the showing process altogether by working with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property cash, and we can give you a free, no obligation quote at any time. We’ll work on your schedule so that the entire process is convenient for you. Call us today to get started.

January 14, 2020

How to sell your home in a difficult market

There are times when you want to sell your property where you aren’t exactly in a sellers’ market. If you need to sell your property at a difficult time for sellers, then you should be aware of the extra steps you’ll need to take. The first step is to make sure that you are working with an experienced real estate agent who has done years’ worth of work in the area. You’ll also want to make sure that you are showing the house on a regular basis and that you are investing in online marketing. You’ll also need to make sure that you understand what buyers in your market are looking for, so that you can show your house in a way that is advantageous to you. This is how to get started.

Work With An Experienced Real Estate Agent

When times get tough, it is important to work with real estate professionals who have experience. Real estate agents have seen the ups and downs of various markets over long periods of time, and they can help you understand what to expect. If you aren’t working with a real estate agent, trying to navigate a difficult market on your own can seem almost impossible. You don’t have to put yourself in that position–make sure to hire a real estate agent that you can trust. 

Make Sure You Are Regularly Showing The Property

In a difficult market, it is critical that you are showing your property regularly. If you aren’t conducting showings, then prospective buyers aren’t getting to see your home up close. You may need to conduct more showings in a tough market than in one that is more beneficial for sellers. That is to be expected–you’ll have to put in more time and effort to get a sale in this type of market. Be prepared for longer showings, so keep your schedule open.

Learn What Buyers In Your Market Are Looking For

You’ll need to stay aware of what buyers are looking for in this kind of market. Do research on what similar homes have sold for in the past. Check your neighborhood to see which homes have sold recently, and what kind of repairs or renovations were done. Your real estate agent may have more information on this. 

When the market is difficult for sellers, you might have the temptation to wait until market conditions change. If you don’t want to wait, then you still have options. You can sell your property to 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property in cash, immediately. That means that you don’t have to worry about the market conditions or how many showings you need to do. You don’t have to worry about finding a real estate agent or handling online marketing. Contact us today and we’ll provide you with a free, no obligation quote.

December 23, 2019

Sheryl Sells Her Property From Out Of State

When you are trying to sell a home that is in rough shape, you are going to face some issues. When you are trying to sell that same home from out of state, you can run into even bigger roadblocks. Sheryl wanted to sell her Fort Washington property while living in South Carolina. She had owned the property for over 10 years, but it fell into disrepair and she didn’t have the means or the desire to fix it back up. This is her story–how of the problems she faced while owning the home, and how she was able to sell to 4 Brothers Buy Houses and get the value she felt she deserved. 

Dealing With Squatters

Living out of state with a property in disrepair can lead to some significant issues. For Sheryl, the biggest problem was squatters. Squatters had come to live in the property, and they vandalized both the interior and exterior. Sheryl eventually got rid of them but the damage had been done–the squatters damaged the property’s infrastructure. By the end of their time in the home, the electrical system and the plumbing no longer worked. 

Making The Decision To Sell

Initially, Sheryl did not want to sell the property. She wanted to find a way to salvage it, despite the problems and the damage that the squatters had caused. Eventually, she realized the cost that would be associated with keeping the home and fixing it back up. She made the decision to sell in September. 4 Brothers Buy Houses followed up with Sheryl and she felt comfortable working with their staff. 

Selling Her Home How She Wanted To

Sheryl was able to sell her property without even meeting her buyers in person. 4 Brothers Buy Houses sent staff members out to the property to inspect it while communicating with Sheryl via phone and email. The inspection took place in mid-September, after a few weeks of title work, the home went to closing on October 28th. Sheryl was able to sell her property without having to go through lengthy, expensive repairs. Which is exactly how she wanted to sell. 

Even though Sheryl’s property fell into disrepair, she was still able to sell for a price she was happy with. Even dealing with squatters and electrical and plumbing problems didn’t stop her from being able to get good value. The best thing about the sale was that Sheryl was able to get a price from 4 Brothers Buy Houses that she likely wouldn’t have been able to find on the open market, due to the repairs needed on the property. If you are looking to sell your home, give 4 Brothers Buy Houses a call. Even if your property needs repairs! We’ll provide you with a free, no obligation quote at your convenience.

November 22, 2019

Why Selling Your Property Takes So Long

Wondering why your property is taking so long to sell? There are a lot of factors that go into how long a property stays on the market. Understanding these different factors will help you to make your home more attractive to prospective buyers. The truth is that when your home stays on the market for an extended period of time, buyers start to think there must be something wrong with it. So it becomes a sort of a self-fulfilling prophecy. You want to avoid this by understanding how to sell your home faster. Let’s go over some tips. 

According To Zillow, The Average Property Was On The Market For Two Months

That’s right. Most properties are on the market for a little over 60 days. If your property has sold in under two months, congratulations! You’ve beaten out the average seller. But if your property has been on the market for longer than 60 days, it may be time to start thinking about what you can do better. You may be asking too high a price, making marketing mistakes, or perhaps you need a new renovation. 

If Your Property Isn’t Selling, You May Be Asking Too Much

One of the easiest ways to turn away prospective buyers is to ask too much price-wise. You don’t want to give the home away for free, but asking for too much can spook away the very buyers you want to showcase your home to. Take a look at other properties in the neighborhood and see how your home’s price matches up. You may need to take it down a bit. 

You May Not Be Marketing Your Home Properly

Are you online? Are you on all of the major home buying services? How is your real estate agent advertising your property? You need to make sure that your real estate agent isn’t just using old mediums, like direct mail. These days, a sizable portion of prospective homebuyers are only looking online. If you aren’t there, they don’t see you.

Your Home May Not Be In The Best Shape

Your home may be on the market longer because other comparable properties have renovations that your property doesn’t. You may need to look at renovating your kitchen or bathroom. Of course, major repairs also fall into this category. Nobody wants to buy a home that needs a new roof or that has plumbing issues. Talk to your real estate agent about what you may need to fix. 

Most sellers want to sell their property as quickly as possible. And you can’t blame them! The longer a home stays on the market, the more prospective buyers think that something could be wrong. If you want to sell your property without worrying about how long it is going to stay on the market, then you need to call 4 Brothers Buy Houses. We can purchase your home for cash, immediately. We’ll provide you with a free, no obligation quote at your convenience. That way, you can start the process at the best time for you. Contact us today to learn more.

October 20, 2019

When Is The Right Time To Sell?

If you have been wondering when is the right time to sell your home, then you aren’t alone. Thousands of families in your area are thinking about the same thing. Selling your home is an individual concern, and everyone’s circumstances are different. Some people are selling their property to finance their retirement, and some people are selling their home in order to move to a new state and start a new job. Whatever your reasons, it can still be difficult to find the right time to sell. Here are a few instances when you may want to think about selling the property and moving on:

 

1. When You Are No Longer Attached To The Home

 

If you no longer have an emotional attachment to your property, it might be time to sell. Especially if home values in the neighborhood have risen recently. You may want to start considering what you can get for the property by working with a real estate agent or talking to a professional appraiser. 

 

2. When Your Kids Move Out And You Want To Downsize

 

When your children move out and go to college or get their own professional jobs, you may find that you have much more space in your home than you actually need. This is a great time to start thinking about downsizing so that you can get more value of your property. You might want to consider selling your current property and using the money to fund the purchase of a condo. Or maybe you just want to take a long overdue vacation. 

 

3. When You Are Going To Retire

 

If you are going to retire, your current home may not suit your needs anymore. Maybe you want to move to a warmer climate or to a city where you are closer to your family members. Retirement is a big milestone in life, so it can be a great time to sell your property and get a solid return after all of those years of paying your mortgage and watching your equity increase. 

If you are thinking about selling your home, know that you have options. You don’t have to go through the traditional process of completing renovations, updates, and showcasing your property with a real estate agent. You can sell to 4 Brothers Buy Houses and get cash for your property immediately. Give us a call at your earliest convenience and we will provide you with a free, no obligation quote. We’d be happy to buy your property on your terms, so that you can get the money you deserve when you want it. Sell your property on your timeline with the help of 4 Brothers Buy Houses. See how we have helped others just like you! https://www.4brothersbuyhouses.com/testimonials/

September 16, 2019

4 Brothers Buy Houses Allowed Alfred And His Family To Move On

Sometimes, families inherit properties that they live in for awhile. These properties might be inherited after a relative moves, retires, or passes away. Often, families want to try to hold on to these properties until they are ready to sell. But problems with repair costs or other pressing financial needs makes it important to sell on a faster timeline. This is the story of Alfred , from Capital Heights, Maryland, and how 4 Brothers Buy Houses helped him get cash for his property, so that he could finally move on.

Here are the scenarios

At First, Alfred Wasn’t Ready To Sell

When 4 Brothers Buy Houses first contacted Alfred, he wasn’t ready to sell his property. His brother was still living in it with him, and he wasn’t quite sure what he wanted to do with it long term. Alfred wasn’t yet sure if he wanted to work on repairing the home himself, or if he wanted to take advantage of the immediate cash offer from 4 Brothers Buy Houses.

After His Brother Moved Out, Alfred Decided To Move On

Once Alfred’s brother moved out, he decided it was time to move on from the property. He indicated he was ready to sell in February of 2019. He wanted to downsize and move into something smaller. 4 Brothers Buy Houses set up a time to view the property in March and make an offer. The home needed some work–it needed a new air conditioning system, a new furnace, and a range of cosmetic updates. Alfred got an offer from 4 Brothers That Buy Houses that worked for him, and the two parties setup closing for May.

Getting An Advance And Selling On His Own Terms

Alfred needed money to be able to move out of the home before closings. 4 Brothers worked with Alfred and gave him an advance on the sale which allowed him to move into an apartment before the process ended. By May 20th, the property went into settlement, and Alfred got all of his money. Both parties were happy with the transaction, and Alfred was able to move on with his life.

If you are like Alfred, and have a home in the state of Maryland that was left to you by family, it is important to understand that your property doesn’t have to be a burden. You can call 4 Brothers Buy Houses at any time and we’ll provide you with a no obligation quote. You don’t have to feel trapped, or that you’ll need tens of thousands of dollars for repairs before you can sell. 4 Brothers is able to provide many solutions other home buyers can’t, in order to make the home sale easier. How many buyers do you know that would give an advanced payment on a house before the purchase date? Contact our team today and we’ll work with you so that you can sell on your terms. We may even be able to provide you with an advance before closing is finalized. Don’t get frustrated with the traditional home sale process. You can sell your property on a timeline that works for you without sacrificing any of your time, money, or resources. Call 4 Brothers Buy Houses today and we’ll help you get started.