California real estate is probably the most valuable asset
anyone could own and is desired over almost any other
state. Over the years, California property values have
soared, and more recently there is an abundance of
properties for sale with values dropping every day. This
opens the door to opportunities for buyers as well as
sellers.
California real estate is being affected by lowering prices
and includes all types of real estate from homes, duplexes,
multifamily, commercial, industrial, office to land. Most
people will own single family homes, but later branch out
into other types of investment properties, often building a
sizeable portfolio of properties. Unfortunately, there may
also come a time when the portfolio is stretched thin and
there is a great need to sell property fast. If repairs or
vacancies are high or tax bills need to be paid on income
properties, for example, an owner may have no choice but to
sell and sell quickly.
Fortunately, there are ways to sell California property
fast. The first is to put it on the market with an agent
that you have thoroughly interviewed by checking out
references, current listings and sales and then hope that
an approved buyer comes along quickly and strikes a deal.
This may be wishful thinking. The second, more reliable
method is to call a real estate investor who has available
cash or credit to purchase a lot of real estate. Usually
they can close a deal within a matter of days, and spare a
seller from having to pay out of pocket broker and escrow
fees.
A property owner may be reluctant to sell California real
estate without the aid of a real estate agent because of
the complications of completing a transaction. This is a
reasonable concern. But what if the buyer were to be a
seasoned professional, able to handle all the details for
the seller, and offered cash or other options that solve
the seller's problem? If the sellers call an investor, that
situation becomes their reality. Investors are very
familiar with all the intricacies and difficulties
associated with selling a home. In summary, while getting
the most money for your property is always the goal, a
seller needs a buyer to make that happen. Selling to an
investor makes the process simple, easy and seamless method
with the investor doing all the paperwork and in return the
burden of ownership is removed and you can go on with your
life, yet there is a cost for this convenience.
For informative articles on mortgages, foreclosures and
selling tips visit www.property-partner.com.
Copyright Property Partners, LLC 2008
----------------------------------------------------
For informative articles on mortgages, foreclosures and
selling tips visit http://www.property-partner.com .
No comments:
Post a Comment