What You Can Do To Sell Your Home Fast

Yes, you want to sell your home and you want to sell it fast. It may be a seller's market and every other home in your neighbourhood is selling and you think it's going to be a cakewalk selling your home. You put your house up for sale, people come, a few offers pour in, negotiations take place and then something happens that the deal falls through. This happens more than not when it comes to selling homes. The critical stage is when someone's given you an offer and when the negotiation starts. First thing, when you get an offer, which in your opinion is ridiculously low don't just reject it outright. In most cases, the buyer's just testing the waters to see the best he can get. Always give a counter-offer however disparate your figure may be with the buyer's offer. Once that's done, you want to make sure the deal doesn't fall through. There are many ways in which you can close the deal fast and ensure that both you and the buyer are satisfied. What you can do is negotiate with some other items. Here below are a few examples:

- Include a few items or appliances along with the price like your alarm system, dishwasher, dressing table, etc. This may also be a way to rid yourself of the items you were in any case not intent on using for yourself.

- Offer a decorating allowance. This may be particularly applicable if the buyer likes everything but the way you've done up your home.

- Offer pre-sale inspection and home warranty. A comprehensive home inspection combined with a home warranty reassures buyers that the property is in good condition and that certain repairs will be covered by insurance.

- Offer a lease option where the buyer may rent the property with an option to buy later on. A percentage of the rent may be set aside as the buyer's down payment.

- Offer to pay for some of the closing costs such as the prepaid interest charges or the first year's property taxes.

Feel free to be a little innovative with your negotiation and you may just find yourself with a deal faster than you thought.

Sameer S Panjwani is the CEO and Founder of ChoiceOfHomes.com - Real estate listings of homes for sale and rent.

More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms.

More than 40 states signed onto a proposed $25-billion settlement with major mortgage servicers over faulty foreclosure procedures, but California, New York and other key states were still not among them.

California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open.

With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's largest banks, a source said Sunday.

The talk show host pays $12 million for the 4,088-square-foot house with four bedrooms and four bathrooms. The ocean-view home sits on 1.26 bluff-top acres with beach access.

In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million.

The four-bedroom, five-bathroom house built in 1920 for industrialist James Wigmore lists for $2,875,000.

A decorative cast stone entrance opens to this restored Spanish Colonial Revival-style house in Pasadena's South Orange Grove area. Built in 1920 for industrialist James Wigmore, the house retains such original details as coffered wood ceilings and arched doorways.

They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable.

Do you fit any of these descriptions?

A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it.

When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves.

The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.

 

The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.

The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market.

Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration.

L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.