In today’s market, selling a home the traditional way might not work like you might expect. Take a look at the Charlotte, North Carolina real estate market. In the month of July home values started to plummet quicker than homeowners actually figured.
Two years ago when the Charlotte market was looming with We buy houses for cash sales, there were only 27,000 homes roughly according to the Carolina Association of Realtors, with 4,200 of those houses selling at the time of July 2007. In July 08, the number of houses sold fell to 3,100 and even lower in August, of the same year, to 2,200. The numbers in August show that the market fell or lost momentum from the previous year by more than half.
Homeowners looking for a quick sale will realize that they will either need to find a creative way to separate their house from all the other homes on the market or take a major lost to sell their home fast. Offering to pay closing cost will not make a difference to the buying party in a depressed market. You might want to throw in perks to make life easier for the current buyers’ market.
For homeowners that need to sell their hohouse fast, they might want to consider some type of owner financing or some other creative ways to relieve themselves from their mortgage obligations.
In this article there are different strategies to use to turn your house in an ATM faster than main stream methods. Using incentives to sell your house is the best way to sell your house fast during tough times as the mortgage crisis threatens home values. Selling now can mean the difference between a profit or loss.
