noknowshouses-blog - Tumblr blog

[noknowshouses-blog]

Not the 9-5 rat race but the 5-9 grind... You'll never work a day in your life if you love what you do real estate I love this game! www.NoKnowsHouses.com #WeBuyPhillyHouses #SellYourHouseThisWeek #NoKnowsHouses #PhillyRealEstate #MNOP (at No Knows Houses)

[noknowshouses-blog]

It's been a few years now going strong #WeBuyPhillyHouses #SellYourHouseThisWeek #NoKnowsHouses #MNOP #PhillyRealEst (at No Knows Houses)

[noknowshouses-blog]

Why won’t my listing sell??

So your home has been on the market for a while. Plenty of potential buyers have come to an open house; family and friends have referred your home to those that are seeking, yet, still no sale. The days on the market has turned to weeks, possibly months, and you dare entertain the idea of a year.

Bottom line: Your listing won’t sell Philadelphia, and you need it to.

Let’s explore the possibilities of why this is the case:

(Courtesy of Jessy McCarl Article Source Here)

The reasons your listing wont sell Philadelphia can be minor such as a better clean:

98% of real estate agents recommend deep clean and de-cluttering

It increases property value up to $2,000

Maybe your asking price is a bit too high:

Statistics show that 40% of buyers overlook home priced over market.

If that is the case, then why is your asking price so high? Re-evaluate the numbers, be sure they are reasonable, and solicit the property under a new asking price.

Major renovations and additions are highly recommended, as it enhances what may be considered a “bad floor plan”, which could be the reason your listing wont sell Philadelphia.

In addition, consider the geographical location.

Is it ideal? What makes it desirable? Perhaps the lack thereof could be the hindrance. Scope out the cons of your home’s location, and address them in the interview with your potential buyer.

Minor things or perhaps things out of your control can cause your sale to prolong, however, there’s no reason as to why your listing won’t sell Philadelphia, and you can’t make it possible.

[noknowshouses-blog]

So you've come to the realization that you need to sell your home fast. Unfortunately the house needs a lot of work. Is there a better alternative than going broke repairing it? Check out this article with some information that can help you in this situation http://www.noknowshouses.com/selling-a-house-that-needs-work-in-philadelphia/ #philadelphia #homedepot #homerepair #sellmyhouse #NoKnowsHouses

[noknowshouses-blog]

Avoiding Foreclosure Mistakes in Philadelphia

“Foreclosure” is a scary thing. Even just reading that word may send shivers down your spine. Most people understand the general concept of what a foreclosure is: You don’t pay on your mortgage the bank takes the home. The process is a lot more in depth beneath the surface. Lenders have different time spans for when they deem a property to be in foreclosure. We all know what happens when we don’t pay the bills. If you don’t pay your car note eventually your vehicle gets repossessed; if you don’t pay your phone bill... your phone gets cut off.. if you don’t pay your utilities those get shut off too. It’s inevitable; if you don’t pay your mortgage you will eventually lose your house. Very often people wave the “white flag” early in the foreclosure process and a lot of times that speeds things up or makes things worse than they actually are. This article from Wikipedia sheds some light on the ins and outs of the foreclosure process.

One of the most important things homeowners need to be aware of is the fact that foreclosures are not only a headache for the person being foreclosed on, but they are also a major headache for banks/mortgage companies. Foreclosures are not good for both parties (home owner AND lender).

One of the worst mistakes that someone facing foreclosure can make is ignoring phone calls. Specifically phone calls from the lender. The foreclosure process can take several months and during that time, the lender may attempt to contact you on numerous occasions. Some people think if they ignore the problem it will go away, but it won’t… and not talking to your lender may be the worst thing you can do. If you avoid contact with the lender, you may miss out on options to save your home, or you may cause your lender to expedite the foreclosure process.  A pending foreclosure won’t just disappear if you don’t speak with the lender. It is imperative to keep the lines of communication open to know the specifics of what is going on in the process.

Another big mistake people facing foreclosure make is not trying to negotiate. As I explained earlier banks absolutely hate having to foreclose on a property. For one it’s a bad debt, secondly the longer the foreclosure process takes the bank... that’s more money that is costing them. A wise man once said “Everything is negotiable”. That is EXTREMELY true EVEN in a situation where a home owner is facing foreclosure. A homeowner may be able to restructure their loan to save their home. Even declaring bankruptcy may be able to stall the foreclosure process. The bottom line is that even after a homeowner gets a pending foreclosure notice there is still a light at the end of the tunnel. A light that many homeowners fail to see because they have already given up.

When some people learn that their property is being foreclosed on not only do they give up on the situation they also give up on the house. Some people let their property go into disarray and some people even go as far as vandalizing a property once they learn it is up for foreclosure. Not a VERY wise decision. Even when facing foreclosure a short sale is an alternative. A short sale saves a homeowner from having the blemish of a foreclosure on their credit AND could be a win-win situation for the homeowner and the lender. If the property is in horrible condition that makes it more difficult or nearly impossible to sell in a short sale. 

Feeling hopeless in a situation is never good. Being misinformed is also never a good thing. Many home owners are not aware of the long term effects of a foreclosure. We all need somewhere to live. Unless you plan on renting for a VERY long time it would be in a homeowners best interest to understand the ins and outs of the process and what happens after the fact.  Many people facing the grim reality of a foreclosure think think that once the bank takes over the house that is the end of the situation and that they can simply walk away. In some instances, unfortunately this isn’t true. The bank may be able to come after you and get a deficiency judgment if the house sells in the foreclosure auction for less than what you owe or if they can’t find a buyer to pay what is owed. This means you could still end up having to come up with the money to pay the difference between the home’s value and your loan amount if you live in a state that allows these deficiency judgments. Make sure you find out about this before foreclosure happens so you can get try to negotiate a short sale or otherwise get the help you need to minimize the chances of a deficiency judgment against you.

Last but not least there is another alternative to avoid foreclosure. Time is of the essence so listing the property with a realtor can take 90-180 days. 90-180 days one may  not have if they need to sell their property quickly to avoid the bank foreclosing. The majority of people that opt to go the FOR SALE BY OWNER route never end up selling. Short sales are actually long sales because the process takes a long time. What is the other alternative? Selling your property to an investor! No Knows Houses can give you an AS IS ALL CASH offer on your property... which is non obligatory. If you do decide to accept the offer the property will be sold in as little as 14 days. 14 days and the headache of a foreclosure will disappear.

[noknowshouses-blog]

#webuyhouses #webuyhousesphiladelphia #phillysupportphilly #NoKnowsHouses #phillyrealestate #ibuyhouses #sellmyhouse #phillycheesesteak

[noknowshouses-blog]

#webuyhouses #webuyhousesphiladelphia #phillyrealestate #investmentproperty #investment #sellmyhouse #sellyourhome #NoKnowsHouses #MNOProperties #MNOP #phillysupportphilly

[noknowshouses-blog]

#NoKnowsHouses #phillyrealestate #investmentproperty

[noknowshouses-blog]

#ibuyhouses #webuyhouses #webuyhousesphiladelphia #allcash #payday #fast #fastcash #sellmyhouse #sellyourhome #probate #MNOProperties #MNOP #realestate #realtor #realestateagent #propertytaxessuck #stopforclosure #investmentproperty #realestateinvestor #southphilly #southphiladelphia #brewerytown #germantown #olney #logan #northeastphilly #northphilly #westphilly #westphiladelphia #westphiladelphiabornandraised #wyndmoor #westoaklane #southstreet #downtown #phillycheesesteak #phillysupportphilly #flippinghouses #houseflip #houseflipping #fishtown #fishtown_philly #northernliberties #overbrook #handyman #section8

[noknowshouses-blog]

#webuyhouses #webuyhousesphiladelphia #NoKnowsHouses #philadelphiainvestment #MNOProperties #MNOP #sellmyhouse #sellyourhome #phillyrealestate #stopforclosure #propertytaxessuck #propertymanager #realtor www.noknowshouses.com

[noknowshouses-blog]

*Red Alert* *Red Alert* Serious Investor Special!!!! Property located in the heart of the Fairmount section. Construction has been started and needs you to finish. Currently framed for 3 one bedroom apartments. Comps in the area are $800k-900k+. Call or text me for more info 267-908-3860 #fairmount #philadelphiarealestate #investment #investmentproperty #investmentproperties #webuyhouses #webuyhousesphiladelphia #cashflow #cashflip #MNOProperties #philadelphiainvestment #MNOP #NoKnowsHouses #19130

[noknowshouses-blog]

Or visit us online @ www.NoKnowsHouses.com #webuyhouses #sellmyhouse #homebuyers #homebuyer #probate #backtaxes #sherriffsale #buymyhouse #NoKnowsHouses #MNOProperties #iBuyHousesFast

[noknowshouses-blog]

#webuyhouses #sellmyhouse #homebuyers #homebuyer #probate #backtaxes #sherriffsale #buymyhouse #NoKnowsHouses #MNOProperties #iBuyHousesFast

[noknowshouses-blog]

#webuyhouses #sellmyhouse #homebuyers #homebuyer #probate #backtaxes #sherriffsale #buymyhouse #NoKnowsHouses #MNOProperties #iBuyHousesFast

[noknowshouses-blog]

#webuyhouses #sellmyhouse #homebuyers #homebuyer #probate #backtaxes #sherriffsale #buymyhouse #NoKnowsHouses #MNOProperties #iBuyHousesFast

[noknowshouses-blog]

Take heed #sellyourhouse #noknowshouses #webuyhousesphilly #makeaquick500dollarsjustforpayingattention

[noknowshouses-blog]

#noknowshouses #sellyourhouse #webuyhousesphilly