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How To Sell Your House Without Any Hassle In Sioux Falls

When selling a house in Sioux Falls South Dakota, most people immediately think about hiring a real estate agent and listing the property on the MLS. This is a great solution for many people, however, you should know there are other options available to you as well. There are many ways to sell your house in Sioux Falls! Consider all of your options to discover which selling method is right for you and your situation!

If you’re asking yourself, “How do I when it is time to sell my house fast?” then this is a great article for you. 

Sell Directly to A Professional Home Buying Company

You can sell your house without using a real estate agent, ultimately saving a ton of time and money depending upon your situation. There are companies such as Advanced Home Buyers that will buy your Sioux Falls house using a straight-forward and simple process. With a direct sale, you won’t have to worry about commission, repairs, cleaning up or waiting for a buyer to come along. You will immediately know the amount you are receiving as well as the closing date so you aren’t left wondering when your house will sell.

Direct sales are becoming increasingly more popular, however, not all buyers have the same situation. Make sure you do your research on both the local market and the home buying company you are working with. A direct sale may not offer full price, but for some people, the convenience and the amount saved on repairs and wasted time makes up for the difference in price.

List Your Home With An Experienced Real Estate Agent

Of course, listing your Sioux Falls house is an option. Take the time to learn about all that is involved and what will be expected of you throughout this process. No two agents work the same and there are no guarantees. Your property can be listed for any price, but there is no guarantee that you will receive that price and you never know when that time will come. Watch out for agents who try to impress you with a high listing price. If it’s priced too high, it will likely sit on the market, possibly for months. You will then have to lower the price, while your property drops down the list of homes available on the MLS. If you decide to list, make sure your agent prices your home to sell. If you’re not in a rush to sell this might work for you, but if time is of the essence then you should be wary of the different listing prices you receive. 

Offer Seller Financing

This can work for some people who don’t need the cash from the home right away. You can elect to carry the note setting up an option to “rent-to-own” structure. Your tenant will “rent” the property at a higher than average price, with some of the money going toward a down payment on the home. They will then have the option to buy the property at the end of the option period, typically around a few years but every option is different depending on what you negotiate.

Consider Your Other Options

If selling simply isn’t an option for you and you need to move, there are other options available. You can rent the house out as either a short or long term rental property. The trouble with this can be finding tenants and retaining them for as long as possible. On top of this, you will have to manage the property, collect rent, and deal with any potential repairs or maintenance. Renters can be quite nomadic, and tenant turnover can cost you. If you haven’t done this in the past, consider hiring a property manager to help you keep everything in order.

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Would An Investor In Sioux Falls Pay Close To Asking Price For My House?

Are you looking to sell a house in Sioux Falls, or anywhere in South Dakota? Then this blog post will answer the question, “Would an investor buy my house in Sioux Falls for close to asking price?” Keep reading to find out the answer.

Find out what it’s like to work with a real estate investor.

When it comes to selling your house, you have a few different options:

You can sell it on the market by stating your asking price and then working with an agent to try and find a buyer (or trying to find a buyer yourself).

You can skip the “sell-on-the-market” process and just work with a buyer directly who can offer you a fair price for your house.

If you’re wondering, “Would an investor buy my house in Sioux Falls for close to asking price?” then here’s what you need to know:

Why Investors Invest

An investor invests in real estate with the hopes of buying at a lower price and either sell at a higher price or rent out the property. Therefore, investors are motivated to find houses that are priced affordably for them to purchase.

Before you set your asking price, think about what benefit an investor provides to you.

Understand The Asking Price

The asking price is where you start your negotiation. Even if you sell to someone on the market with the help of a real estate agent, your asking price will be the starting point and the buyer will usually try to negotiate a lower price.

But here’s what most people don’t consider: the asking price has other factors built into it for example, it assumes that you have fixed up and cleaned up your property so it’s in pristine condition and ready for buyers to move in. Don’t forget that you have to pay bills, insurance, and taxes on your property the whole time an agent tries to find a buyer (which can take months). Then you’ll have to pay the agents commission, which might be thousands of dollars (up to 6% of the purchase price).

So your asking price already considers all of these things.

An Investor Skips All This

When you work with an investor, you actually skip all of this. You don’t have to make repairs or clean up your house so you can save thousands of dollars there and also a lot of time. You don’t have to pay bills, taxes, and insurance for months while you wait for a buyer to be found, so you save thousands of dollars there. And, you don’t have to pay a commission because no agent was used, so you save thousands of dollars there.

Add it all up: you save thousands of dollars by selling to a real estate investor instead of selling through a real estate agent.

Summary

Selling to an investor allows you to sell faster and avoid all those expenses. That’s why an investor might not be able to buy a house near your asking your price. However, the discount you might provide them is money you wouldn’t see anyway while you wait months to sell your house on the market.

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How To Sell House Fast Tips

The tips that we share essentially cover three elements in order to put a home sale on the fast track. The appearance of the house, pricing, and the marketing strategy.

Let’s break them down to give you a better overview of the essentials to sell your house fast.

For more information on how to sell your house fast during the holiday’s check out this article from Advanced Home Buyers.

Improve Home Appearance

Inside your house, try to create a vibe by which prospective buyers could imagine themselves living in. This means not only having it clean and removing your personal items, but also storing them elsewhere, say a storage unit. It is likely for potential buyers to see the clutter touring your home if you place them in the attic, your basement, garage or closet.

Making your home look more impressive entails prepping up your property’s curb appeal. Make your porch look inviting, ensure that it’s spic and span with a clean doormat, potted plants and appropriate furniture. Hire a professional in home staging if you’re not up to this basic task of making your home market-ready.

Price Home Right

You may lose objectivity in pricing a pre-loved home and tend to overprice. Especially with all the time and effort you’ve spent prepping it up for sale. The best approach to avoid this pitfall among sellers is to estimate your house’s worth based on the market value of comparables and square footages in your neighborhood.

Broaden Marketing Reach

Use all media available to broaden market exposure of your home for sale. Don’t rely solely on traditional selling approaches, such as via a broker listing. Word-of-mouth dissemination could help too through friends and relatives. Tap non-traditional means such as Craigslist, Facebook Market Place, or Classified Ads in your local newspaper. 

As important, consider real estate investors, especially if your listing isn’t getting any attention from serious buyers on the market. With investors you can skip the time-consuming and costly efforts to make your house market-ready.

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Real Estate Investors Are Your Friends

Time is money is an old saying that most real estate investors swear by, and for this reason, they are friends to people who need to sell a house fast. Ventures in real estate investments require a sizable amount of money or at least have established resources to finance the purchase of a property. Entrepreneurial minds just can’t afford to let these financial resources sit there, wasting their time away.  

For more information on how to increase your Zillow estimate of your home, you can check out this article.

For most real estate investors, there is a challenge of generating returns higher than the other investment assets, such as stocks, bonds, or savings accounts for instance. Many among this breed of real estate professionals find satisfaction in being able to achieve better results than other businesses.

Why Investors are your Best Friends

Investors make the best of friends for homeowners who are no longer capable of making monthly payments and need to sell their home fast. An investor can save you from going bankrupt or going into a foreclosure with the bank. A quick sale might even help you preserve your credit score that could qualify you for a new house purchase in the future when your finances increase.

An investor is a great solution if you need to urgently sell but your house is not getting the attention of any serious buyers for one reason or another. Maybe it isn’t market-ready or its condition isn’t ideal to potential buyers. A real estate investor does not consider these factors and typically will buy houses in their as-is condition.

Faster Buying Process

Precious time isn’t wasted when you work with an investor, as the prevailing mindset is yours, which is to sell your house fast. Some home buying companies may even be able to close in as little as seven days. That’s a big difference from the average home sale of about 45 days in conventional markets.

Investors are seller-friendly and can close faster because the home sale does not rely on appraisals and financing approvals. Most will even buy your property for cash with just a short walk-through, and from there, they can make a fair offer.

Investors are your best friends

Like true friends, investors can let you select the mode of payment most convenient to you. A straight cash payment is one option along with pre-scheduled cash payments. 

In summary, dealing with investors typically means no time is wasted negotiating about property details.  Investors are great for buying properties quick and often pay cash.  Helping you sell your property so you can get on with your life and back to what is more important to you.

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Working With A “WE BUY HOUSES” Company

The choice to sell your house in its “as is” condition can be daunting. Choosing to work with an investor instead of a Realtor can also be a challenging decision to make. This article will help set the expectations for anyone looking to sell their house fast. We will also provide some tips along the way with some things to look out for.

For more information on the pros and cons of working with a real estate investor, click this link.

A credible real estate investor should arrive to look at your house on time and be able to provide you with a business card.  After the investor arrives they will need to take a quick look around your property.  An experienced investor will likely take notes and may take photos while touring your property and show interest in some systems of the house. How old is the roof? Have you had any water leaks? Plumbing issues? These are things investors will focus on more than the typical customer. They are not as concerned with the aesthetics of the property as much as the functionality of the house.

Be sure to be up front with the investor about the age of the systems, the repairs completed, when they were done, and the repairs that are needed. If you are able to point things out that need repair you will be able to build trust with the real estate investor.  When you get around to negotiating the price you have earned credibility with the investor and will be able to use this when negotiating for a higher a price. This will also help the investor give you an accurate market value of your home.  It is more common for investors to have a 2nd set of eyes with them when walking the property than to have a full home inspection (usually a business partner), and it will save you time and frustration if everyone knows the true condition of the property before any negotiating begins.

If you need to sell your house fast and are thinking of working with one of these  “we buy houses” companies, consider Advanced Home Buyers.  Thy are the easy solution to sell your property in Sioux Falls!

#webuyhouses #sellmyhouse #cashbuyers #realestateinvestors #sellmyhousefast

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Sell Your House Sioux Falls

We buy houses all around Sioux Falls and surrounding areas. Advanced Home Buyers call Sioux Falls SD home buying company with more than 5 years experience buying houses in the Sioux Falls area.

Do you have a house that you Need to sell in the Sioux Falls area?

We buy houses cash, we can close quick, and we buy them as is. We do not require the seller to make any repairs or to any updates including cleaning.

We make it easy to sell your house at Advanced Home Buyers.Call us at 605-777-0271 for a free offer on your Sioux Falls house.

For more information on how the process works, check out Advanced Home Buyers here.

#webuyhomes #webuyhouses #webuyuglyhouses #sellmyhousefastsiouxfalls #sellmyhouseforcash #houseforcash #cashhomeoffers #cashbuyers

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Coronavirus Precautions When Buying A House In Sioux Falls

Are you buying or selling a house in Sioux Falls? The Coronavirus has impacted all of our lives in various ways, but if you were planning to buy or sell, you may feel like there was a wrench thrown in your plans. The good news is that our team is here to help! While following the guidance of local, state, and national officials, we are still able to help you buy or sell. 

Precautions We Have Put In Place

When a team member or maintenance worker enters a home, they are equipped with gloves, a mask, and shoe coverings. We have closed our physical offices, we practice social distancing, and have eliminated any meeting that can be done over the phone or via a video call. We are taking this very seriously and are doing everything we can to keep our team safe.

How We Are Able To Serve You

While our physical offices are currently closed, we still offer a number of ways to help you! First, we are always available via a good old fashioned phone call! We’re happy to learn about your needs, buying or selling goals, and your situation! If you prefer, we are also available to video conference at any time. We can do home walkthroughs via Zoom, Google, or Facetime! Plus, many documents can be signed remotely via Docusign!

What You Can Do To Help

If you are buying or selling a house in Sioux Falls, there are coronavirus protections you should put in place for you and your family. We recommend holding off on seeing homes in person or having people in your house to come and see it. These things can be done online for the time being until the curve has been flattened and life begins to return to normal.

Try to avoid having outsiders come in for repairs or maintenance. However, if there is an emergency and something needs to be repaired, make sure they have protective covering and that you keep your distance. Be sure to sterilize your house on a regular basis, especially if a repairman or other professional comes into your home to provide a service. Washing your hands, disinfecting your house, and practicing social distancing are the best ways to keep you and your family safe. If you feel any sign of illness, stay home and call your doctor immediately!

It is Still a Great Time To Buy or Sell!

While we might all be going a little stir-crazy at home, there is no reason why things should not move forward if you are buying or selling a house in Sioux Falls. Even if you aren’t able to see a house in person or if we aren’t able to get to your property to see it for ourselves, we are more than happy to see it virtually via a video call. By getting the ball rolling now, you will be ahead of the competition when all of this is over. Don’t wait! The competition for real estate once the virus has passed will be fierce! There are still tons of houses being bought and sold out there, don’t miss out on the opportunities that are out there in front of you just because you are stuck on the couch!

If you want to buy or sell a house in Sioux Falls, don’t wait! With less competition out there, you may have an opportunity to buy or sell with even better results! Reach out to us to learn more about how we can help you with a house in Sioux Falls and what coronavirus precautions we are taking to help buyers and sellers in the area!

Contact us today for more info! 

605.777.0271.

#webuyhouses #sellmyhousefast #siouxfalls #realestate #cashbuyers #uglyhome #distressedproperties

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Foreclosure Procedure in Sioux Falls, South Dakota

Tons of people who take out a loan to buy a residential property in Sioux Falls, SD sign a written note and a deed of trust. A written note is basically an I.O.U. that contains your promise to repay the loan to the bank, as well as the terms for repayment. The contract of trust provides security for the loan that serves as evidence by a written note. We can buy your house in Sioux Falls “AS IS”. We won’t ask you to fix anything and won’t charge you for it either!

During the pre-foreclosure period, the servicer can charge you late fees and in many cases, they must inform you about ways to avoid foreclosure.

Late Charges

If you skip a payment, most loans include a grace period of ten or fifteen days after which time the servicer will assess a late fee. Each month you skip a payment, the servicer will charge you a late fee. To find out the late charge amount and grace period for your loan, look at the written note you signed. This information can also be found on your monthly bank statement.

Early Intervention Requirements In several cases, federal bank servicing laws require the servicer to contact the borrower by both phone and in writing during the pre-foreclosure period. Don’t ignore these phone calls and/or letters! This is a great opportunity to discuss loss reduction options and attempt to work out an agreement  with them— like a loan modification, patience, or payment plan-so you can avoid foreclosure.

South Dakota Foreclosure Process Most of the residential foreclosures in South Dakota are nonjudicial, which means the lender can foreclose without going to court so long as the contract of trust contains a power of sale clause. The power is in their hands.

Notice of Default and Intent to Accelerate South Dakota law requires the servicer to send the borrower a notice of default and intent to accelerate by certified mail that provides AT LEAST 20 days to cure the default before notice of sale can be given. The notice is then sent to the borrower’s last known address which must include the due amount and the date it must be paid on.

Notice of Sale Once the cure period has come and gone, and at least 21 days before the foreclosure sale, the servicer can then send a notice of deal (via certified mail) to each borrower who is committed to paying the bill. The notice of sale will also be:

Posted to the courthouse door in the country of which the property is located, and

Filed with the county clerk in the country of which the property is located in.

Absolution Period South Dakota has no permitted right of absolution after the foreclosure. Once a home has been foreclosed, it can not be rescued. 

If you find yourself in a difficult situation that you can’t seem to get out of, don’t hesitate to contact us for more details. We can walk you through the process and give you our feedback on the situation at hand. Don’t wait!

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Hello!

Hey guys! Just wanted to introduce myself and let you know what I’m up to. My name is Nick and I’m a real estate professional in South Dakota and Nebraska. We specialize in buying houses for cash, flipping homes, and acquiring multifamily real estate. It’s a fun industry and I can’t wait to share more with you all!

#sellmyhousefastsiouxfalls #webuyhouses #siouxfallsrealestate #multifamilyinvesting #diy #realestate #southdakota #siouxfalls #investor #cashbuyer