house selling tips Archives - Handsome Homebuyer

Jul 2023

Selling Your Long Island Rental Property

Glenn Haskings2024-04-17T10:04:05-04:00July 20, 2023|house selling tips, rental property, Sell My House, We Buy Houses|

Owning a rental property is like being a ship captain. You’re responsible for navigating the waters, maintaining the vessel, and ensuring the well-being of your passengers. However, after years of sailing the seas, you may find yourself exhausted and longing for change.

Selling your Long Island rental property is like docking your ship and stepping onto solid ground after all those years out at sea. It’s a chance to step away from the constant maintenance and responsibilities of being a captain.

Like passing the helm to another seafarer, selling your property lets you transfer the landlord’s duties to someone else. You get to avoid the demands of property management while embarking on a new journey.

This post explores why you would sell your rental property and how to use the cash for your next venture.

Why You Might Want To Sell Your Long Island Rental Property

You can sell your Long Island rental property if you’re tired of being a landlord. There may have been multiple factors that contributed to this. Being a landlord can be stressful, from dealing with tenants and maintenance issues to navigating financial considerations.

In 2020, 31% of landlords received less than 90% of the rent collected the year before. Other common reasons may indicate that selling your rental property will be beneficial.

Save Time and Effort

Managing a rental property is a time-consuming endeavor. It involves advertising vacancies, screening potential tenants, collecting rent, and addressing maintenance requests. Additionally, staying updated with changing rental property laws and regulations would be best.

The constant demands on your time can be exhausting. You likely have little opportunity to focus on other aspects of your life. By selling your Long Island rental property, you can free up your time and enjoy life outside landlord responsibilities.

Save on Extra Payments

Rental property management includes various expenses, including property taxes, insurance, repairs, and regular maintenance. In addition, vacancy periods can impact your income as you may face months without rental payments. About 6% of rentals remain unoccupied.

Furthermore, having a mortgage on the property would mean monthly payments. These payments can put a strain on your finances. Selling your rental property can provide you with a lump sum of cash to pay off debts, invest in other opportunities, or provide financial stability.

Maximize Fluctuating Market Conditions

Real estate markets are known to fluctuate. However, current statistics show selling a Long Island rental property to be a favorable option. In particular, the demand for housing in the Long Island area has increased.

The median price for properties in Nassau County has reached $660,000. With limited inventory and increasing property values, this favorable market condition means you can sell your rental property competitively.

Focus on Your Changing Goals and Priorities

As time goes by, personal circumstances and long-term goals can change. You may find that the rental property you once saw as a sound investment no longer aligns with your objectives. You may want to downsize, relocate, or invest in a different property type.

Selling your Long Island rental property can help you realign your goals and priorities, allowing you to pursue new opportunities. Considering New York is one of the most challenging places to flip houses, selling property for cash may help you reach your new goals.

Emotional and Personal Factors

Being a landlord often involves dealing with several challenges. Tenants who fail to pay rent, property damages, eviction processes, or the poor condition of your property can take an emotional toll. This can lead to stress and burnout.

The constant responsibilities and emotional strain may affect your well-being. Likewise, your overall enjoyment of being a landlord will suffer. Selling your rental property can relieve these burdens, allowing you to focus on your physical and emotional well-being.

Sell Your Long Island Rental Property to a Reputable Home Buyer Quickly

When selling a rental property, finding a reliable homebuyer is crucial. Regardless of code violations or elemental damages that your house may have, a good company can offer a fair cash price.

Read Our Reviews

While you can do your best to avoid scams, reading reviews and testimonials can provide valuable insights into the experiences of previous sellers. That way, you can make an informed decision. Confirm your decision by reading some testimonials about Handsome HomeBuyer.

Get Started: Request a Free Instant Cash Offer for Your Long Island Rental Property

Selling your Long Island rental property has several benefits, from saving time and effort to adapting to your new goals. If you are ready to sell your Long Island rental property, request a free instant cash offer from Handsome Home Buyer because we buy houses Long Island.

Our team of experts will assess your property, provide you with a fair cash offer, and guide you through the selling process if you want to sell your house fast Long Island. Seize the opportunity to sell your rental property and embark on a new chapter.

May 2023

Selling Long Island Homes in Bad Shape or Poor Condition

Glenn Haskings2024-04-16T14:41:35-04:00May 31, 2023|house selling tips, real estate agents, Sell My House, We Buy Houses|

Fixing up your home before trying to sell it is like cutting your hair before going to the barber. You don’t need to do it, and it only ends up causing you extra stress.

When homeowners or rental property owners sell their homes, they often keep them in excellent and optimal condition to attract more buyers. In fact, in 2021, 55% of homeowners remodeled their homes, a 2% increase from 2020. But doing so will mean extra costs on their part. They must splurge on funds to keep the place in tip-top shape.

What should you do if you’re not financially positioned to do so? This article tells you how to sell your Long Island home in poor condition or bad shape. In addition, we’ll give you all the tips you need to know to get the most value out of your property.

Selling a House in Poor Condition

If your home is in poor condition, it likely has minor problems like cracked paint, dirty spaces, and scratches on the floors. As a homeowner, your initial instinct may be to sort everything out before putting your property on the market. But doing so will mean renovating your property for around $185 to $300 per square foot.

This price doesn’t include paint and installation of other appliances, which can increase the total amount. So, if you want to avoid going through all that, how can you sell a house in poor condition?

Accentuate the Positive Elements of the House

When you market your house, make sure to focus on the positives. Highlight the features that will interest people and downplay the negatives. This will make potential buyers look at your property from a different perspective, increasing your chances of selling it.

Price Realistically

The average home value in Long Island in 2023 is a little more than $560,000, a 4.9% increase from the previous year. This, of course, is the case if your home is in tip-top shape. But if it’s not, you may need to lower the price of your property to accommodate all the repairs that need to be done.

You may be losing money by lowering the value of your property. But in actuality, you may have a price advantage and entice more buyers to your lot.

Disclose Repair and Maintenance Requirements

When selling your property, you always need to be transparent. Informing prospective buyers of your home’s defects will help them make a reasonable and realistic offer.

Selling a House in Bad Shape

So, now you know how to sell a house in poor condition. But what if your home is a little worse for wear? There may be cracks in the foundation, leaks on the roof, or unsafe plumbing. You may have an outdated HVAC system or lack of aesthetic and structural appeal. Maybe your house has sustained damage from a fire. In such cases, what can you do to sell your home?

It may seem impossible, considering what bad shape your property is in. However, there’s always a way. In this case, the best way to sell your home in bad condition at the best value is to partner with a legitimate as-is buyer who will purchase your property in any condition — an as-is buyer like Handsome HomeBuyer!

Finding a reputable, accredited, and trustworthy buyer in Long Island is important because the last thing you want is to get scammed by “We Buy Houses” ads in New York.

What Determines That a House Is in Bad Condition?

If you’re looking at your property and assessing whether it’s in bad condition, here are some telltale signs you need to consider to determine the quality of your house.

Bad electrical wiring: Besides a damaged roof, you may notice bad electrical wiring in your house. Burnt sockets, too many extension cords, flickering lights, or unpleasant odors are signs that your electrical wiring needs some work. This is a significant safety hazard that can lead to potential fire hazards.
Visible structural damage: Extreme weather conditions in Long Island can lead to substantial structural damage to your home. These signs can indicate that your home is in bad shape, from visible cracks and big holes in the walls to uneven flooring, vulnerable foundations, and so much more.
Unsafe plumbing: If your pipes are made with toxic materials like lead, they risk bursting or producing an onslaught of mold growth and water damage. That said, not only is unsafe plumbing a danger to your health and well-being, but it can also lead to other significant problems that can deteriorate the value of your home.

Sell It to Us for Cash Quickly

Rather than dealing with all the repairs and maintenance or trying to sell your poor-condition house on the market, we at Handsome HomeBuyer can take care of everything. We buy houses in Long Island NY in all conditions and give you the most value for your property.

We want to take the load off your shoulders by buying your house in poor condition or bad shape. We’ve bought some of the ugliest houses in Long Island, and we can fix and flip biohazard homes. We’ve seen it all, and we’ll buy them all.

If you don’t believe us, read some of our reviews.

If you want to sell your house to us, request a free instant cash offer today to sell my house fast in Long Island!

Apr 2023

Sell Long Island NY Property With Code Violations

Glenn Haskings2024-04-17T16:30:18-04:00April 19, 2023|house selling tips, real estate agents, Sell My House, We Buy Houses|

Selling a Long Island property with several building violations is like giving a sick cat oral medication. You know it’s the right thing to do, but it can be challenging and painful. Conventional home buyers want a good value proposition and are less keen to purchase houses with structural or legal issues.

Moreover, there has been a 39.3% increase in New York real estate prices over the past few years, making prospective buyers wary when purchasing a property. Thankfully, there is a convenient way to dispose of your troublesome house — cash home buyers. Read on to learn exactly where to sell Long Island, NY property fast, even with code violations.

Common Code Violations That Cause Home Selling Problems

Building codes are implemented to ensure that residential properties remain safe and livable. However, as your house ages, certain areas are bound to deteriorate. Moreover, some contractors need to repair better and remodel houses. These factors lead to violations. Here’s a list of the most common code violations found in homes.

Damaged or Missing Fixtures

All homes must have essential fixtures. For instance, there should be handrails and decking that offer adequate support. Moreover, ventilation systems should be installed appropriately to avoid air circulation issues and pathogen buildup. Missing or damaged fixtures can make a house unfit for dwelling and constitute code violations.

Substandard Electrical Wiring

Faulty or botched electrical wiring is a safety hazard. Aside from being a significant cause of home electrocutions, wiring issues are responsible for 6% of all house fires and 11% of fire-related home deaths. Hence, inspectors quickly place a code violation note on real estate with substandard electrical cables and circuitry.

Defective Plumbing

Plumbing systems transport clean water to your home, removing liquid waste and sludge. Compromised plumbing not only causes inconvenience and frustration but can also impact home sanitation and the health of inhabitants. Thus, any plumbing system defect, including how it’s installed, is counted as a building code violation.

Improper Flashing

Improper flashing is another common code violation. Flashing is a protective layer that prevents water and moisture from penetrating your doors and window frames. A defective or improperly placed flashing is a violation since it leads to leaks and mold buildup.

How Code Violations Affect Your Home’s Value

The average value of residential property in Long Island is $541,700. However, if it has many violations, you’ll be hard-pressed to find someone purchasing your home for that amount. You’ll either have to sell your home for less than its worth or keep it and let it deteriorate further.

This is because unresolved code violations severely impact a home’s resale value. They are red flags that warn would-be buyers about the structural and safety risks of purchasing your property. Moreover, the legal consequences of owning a house with violations will be transferred to the buyer. All of these complications make your home less marketable.

Get Freedom By Selling Your House for Cash

Cash home buyers are in the business of purchasing houses, regardless of their condition or how many violations they have. These companies will not only free you from your property, but they will also pay in total cash. Fortunately, there is an alternative way to sell your house quickly and reasonably priced.

Hence, you no longer have to spend money to hire a real estate broker or go through the exhausting process of finding a buyer. You can immediately sell your house for cash today.

Sell It to Handsome Homebuyer for Cash Quickly

If you want a reputable home cash buyer who can provide a decent offer, look no further than Handsome Homebuyer. We are a leading buyer of Long Island single-family homes, land, and commercial real estate.

Our process is simple. We’ll conduct a property assessment and then give you a reasonable offer within 24 hours or less. If you accept, we’ll pay you in total cash. Hence, there’s no need to enter into any mortgage, installment, or conditional sale agreement.

Furthermore, Handsome Homebuyer will purchase your property as is. Thus, you don’t have to shell out money for repairs or maintenance. Since we’ll buy your home directly, you also don’t need to pay anyone a commission fee.

Read Our Reviews

You don’t have to take our word for it. Handsome Homebuyer has many satisfied Long Island home sellers. You can read their testimonials to discover their experience working with and selling their property to us.

You no longer have limited options to sell my house fast Long Island, NY, even with code violations. Instead of resorting to tedious and costly conventional sales methods, you can sell your house directly and for cash to a home cash buyer like Handsome Homebuyer. Contact us today at (516) 518-5515 for a free cash offer and learn how much your home is worth.

Apr 2023

Avoiding “We Buy Houses” Scams in Long Island NY

Glenn Haskings2024-04-16T14:43:31-04:00April 6, 2023|house selling tips, real estate agents, Sell My House|

You’ve been trying to sell your property in Long Island, NY, but have yet to have any luck. Suddenly, you get a call or email from an investor offering to buy your house quickly and with cash — sounds great, right? Well, not so fast!

Unfortunately, scams like this are common in the real estate market. Spotting and avoiding these “We Buy Houses scams” can save you time, money, and hassle. Read to learn more about protecting yourself from scammers in Long Island, NY.

Do Your Due Diligence

If someone contacts you with an offer to buy your house in Long Island, New York, you should do your due diligence and make sure they are a legitimate buyer. Please take the time to research any offers of purchase before committing to anything.

These are the steps you can take for the background check:

Ask for Their Licenses and Permits

Be sure to ask for their licenses and permits before agreeing to anything. This is especially important if they are a real estate broker or agent. You should also verify that they have the proper qualifications to operate legally in New York before you sell your home for cash in Long Island.

They should have the following:

A real estate broker or agent license
A business license
Proof of funds
Any other permits necessary to conduct business in Long Island

Check Online Reviews

In addition to checking the license and permits, you should also check online reviews. Look for negative comments or experiences other people have had with this company. This can help give you an idea of what kind of service they provide and if they are reputable.

Verify With Legitimate Agencies

Finally, once you have researched and discovered that the company is legitimate, you should verify this with a legitimate agency. The Better Business Bureau (BBB) or local state agencies can help provide additional information about the company. This will ensure they operate legally in Long Island, New York.

Know What the Real Off-Market Process Should Be

Selling your home to legitimate cash home buyers and real estate investors is relatively similar. It starts with an assessment of your home, which is then compared to the current market conditions and trends in New York. For instance, the average price of Long Island homes is approximately $500,000, so it’s reasonable to expect any offer to be close to that amount. This was up 15% from the previous year.

After a fair offer is presented, it should be followed up with an inspection of the property to ensure it meets all local building codes and regulations. Once both parties agree upon everything, the closing can happen quickly and without hassle.

When dealing with cash home buyers, you should always ask for proof of funds from the buyer before signing anything or entering into any agreement with them, even if you’re looking to sell your house fast. This will ensure that they can purchase your property.

Be Wary of the Investor’s Behavior

As a homeowner, you need to be extra cautious and stay vigilant about how the investor behaves. One red flag you should pay attention to is when an investor quickly offers to buy your home without asking questions. This is a sign that they may not be interested in the actual property but instead looking for easy money from homeowners who are desperate or unaware of their rights.

Another would be rushing you to close the deal. If an investor pushes you to sign paperwork or make a decision quickly, they likely have something to hide and may be trying to take advantage of your situation. Do your due diligence and thoroughly research all offers before agreeing to anything.

You should be careful when someone asks you to sign over the title of your home without any paperwork that guarantees the money you are owed. It is common for investors to promise homeowners a certain amount and then lowball them once they have the title.

Some also fall for paying upfront fees when, in fact, the buyer should be paying all the closing costs. If you are asked to pay a fee before closing, this could also be a scam.

Work With a Legitimate Cash Home Buyer

Cash home buyers are a legitimate way to sell your home. Unfortunately, they’ve gained a bad reputation due to some unscrupulous operators who are out to scam the unsuspecting homeowner.

Avoiding “We Buy Houses” Scams in Long Island, NY, entails finding legitimate cash home buyers in Long Island, NY. Do your research, check references, and ask for proof of funds. You can also check online reviews, especially from verified sites like the BBB, to ensure you are dealing with a reputable cash home buyer.

Handsome Homebuyer is a legitimate cash home-buying company in Long Island, NY, earning an excellent rating from the BBB. We focus on helping homeowners get a fair price for their homes and quickly close on the sale if you need to sell my house fast Long Island.

As part of our commitment to customer service, we are transparent in all of our dealings with customers and strive to make sure they understand each step of the process so they can make informed decisions about selling their homes. We look forward to helping you sell your home quickly and at a fair price.

Mar 2023

Long Island Real Estate Statistics

Glenn Haskings2024-04-16T14:45:00-04:00March 1, 2023|commercial property, flipping houses, foreclosures, house selling tips, real estate investing|

Long Island Real Estate Statistics 2023-2022

Long Island’s median home price reached a record high of $560,000 in 2022, up 15% from the previous year.
Home sales on Long Island totaled 9,408 in 2022, a 17% increase from the prior year.
The average home value on Long Island is $541,700, up 14.5% from the previous year.
The median price of luxury homes on Long Island increased by 29.3% in 2022.
Homes on Long Island are selling on average for 6.8% above their asking price.
The average rent in Long Island NY was $2,292 in December 2021

Key Long Island Real Estate Stats Explained

Newsday.com reports that Long Island’s median home prices have reached a record high of $560,000 in 2022, an increase of 15% from the previous year. This statistic suggests a strong demand for housing on Long Island, driven by low-interest rates, an influx of homebuyers from New York City, and limited housing inventory. This trend may significantly impact affordability and the overall housing market on Long Island.

LIBN.com highlights the increase in home sales on Long Island, with 9,408 sales in 2022, a 17% increase from the previous year. This statistic suggests that the real estate market on Long Island is thriving, with a higher demand for homes and more buyers entering the market. However, this may also lead to a need for more available housing options and increased buyer competition.

Long Island’s average home value is $541,700, an increase of 14.5% from the previous year. This statistic suggests that Long Island’s real estate market is a strong seller’s market, with high demand and limited supply. It may also impact Long Island’s overall economy, as a strong housing market can lead to increased economic activity.

Other sources also provided valuable insights into Long Island’s real estate market in 2022. For example, a Douglas Elliman Real Estate report suggests that the median price of luxury homes on Long Island has increased by 29.3%, indicating a strong demand for high-end properties. Meanwhile, a report by Redfin.com shows that Long Island’s housing market has become increasingly competitive, with homes selling 6.8% above their asking price on average.

Long Island’s real estate market in 2023 is thriving, with a record-high median home price, increased home sales, and a strong seller’s market. While this may be good news for sellers and the local economy, it may also lead to affordability concerns and limited housing options for buyers. As such, it will be necessary to closely monitor Long Island’s real estate market trends in the coming years.

Cited sources:

More Facts About Long Island NY Real Estate Market Trends

The median home value in Long Island, NY, is $542,876 as of December 2021. This suggests that the real estate market in Long Island remains strong. (Source: Zillow)
Redfin found that the median home sale price in Long Island was $509,000 in December 2021, up 26.6% from the previous year. This highlights the trend of rising home prices in the area. (Source: Redfin)
The number of homes sold in Nassau County, Long Island, increased by 29.5% from 2020 to 2021. This suggests that the real estate market in the area is experiencing growth. (Source: Long Island Board of Realtors)
The average rent in Long Island was $2,292 in December 2021, up 4.4% from the previous year. This highlights the trend of rising rental prices in the area. (Source: RentCafe)
The number of building permits issued in Long Island in 2021 was the highest in a decade, suggesting a growing demand for new construction. (Source: Newsday)
The luxury real estate market in Long Island saw a surge in sales in 2021, with 248 homes priced at $2 million or more sold in the first three quarters of the year. This suggests that high-end real estate in the area is in demand. (Source: The Real Deal)
A study by DataUSA found that the most common type of housing in Long Island is single-family homes, which comprise 61.3% of all housing units in the area. This suggests that single-family homes are a popular choice among homebuyers in the area. (Source: DataUSA)

Long Island Business News found that the commercial real estate market in the area is experiencing a surge in demand for industrial and warehouse space, driven by the growth of e-commerce. (Source: Long Island Business News)

Jun 2022

Can I Sell My House for Less Than It’s Worth?

Charles Weinraub2024-01-06T12:51:09-05:00June 27, 2022|house selling tips, short sale|

A homeowner can sell their home at any price they choose. If you own your home outright, the choice of when to sell, how much to sell for, and how to do it are all up to you.

There are special situations where there are other factors to be considered.

Gift of Equity: When a seller chooses to sell well below market value because they are dealing with family or a close friend, the amount of the difference between the price they charge and the market value is the gift of equity. This amount is not taxable for the buyer but may be in some form for the seller if the amount is large enough.
Short Sale: This is when a lender agrees to allow a debtor to sell equity, such as a home, at a lower value than what the debtor owes.
Sale Price: Sometimes, a seller will set the price of a piece of property slightly lower than market value just to give buyers extra incentive to buy to get the property off the market sooner.

Should I Sell My Home for Less Than Market Value?

Whether or not it is a good idea or even necessary to sell your home at a price point below market value will depend heavily on your specific situation. Selling low because of using a gift of equity is almost always based on familial connections or a very close friendship, and is done because the seller is financially able to do so.

Selling low in the case of a short sale is almost always a matter of necessity for the seller. It most often happens because the owner’s debt exceeds the home’s actual value, and it is best to cut losses where they are and move on from the situation.

When a seller chooses to sell my house fast for market value, it may be because of economic situations in the market overall, a need to sell a house quickly to relocate, or other personal matters. When selling below market value during a short sale or to produce a fast sale, it is a good idea to consider alternatives to the traditional housing market.

How Can I Sell My House Fast at the Best Price?

In many situations, the best way to sell a house fast at the best price and with the least hassle, you will want to opt for working with cash buyers. The problem with this scenario is finding cash buyers quickly.

Some lucky people will know someone who wants to buy their home, such as a next-door neighbor looking to expand their lot. However, most people are not lucky enough to just fall into this kind of perfect scenario.

Where to Find a Cash Buyer Now

If you have decided that finding a cash buyer would be your best-case scenario, you should look for investors or investment companies that buy homes for cash, like Handsome Homebuyer. They buy houses in an as-is condition and pay the homeowner cash fast for their property.

The best part is they can work with homeowners in almost any situation, including bankruptcy, foreclosure, divorce, or even those with damaged and unlivable homes.

Unlike most companies or investors who buy homes for cash, Handsome Homebuyer can also work with you to put your house on the traditional market to try for a better price. So if you need to sell your home fast for any reason, contact Handsome Homebuyer today!

Jun 2022

Can I Sell My House With a Judgment Against Me?

Charles Weinraub2024-01-06T12:51:04-05:00June 26, 2022|house selling tips|

When you have a judgment against you, your credit takes a big hit. It can eventually lead to the freezing of bank accounts, garnishment of wages, and the seizure of your property. This sounds like a scary process, and it really can be.

The most important thing you can do is understand the laws about a judgment. It is also crucial to be proactive in taking care of the debt involved. This may leave you wondering, “Can I sell my house with a judgment against me?”

You can sell your house, but only if you satisfy your debt first or through the sale.

Let’s take a look at what you need to know about selling a house if you find yourself in this situation.

How Long Does a Judgment Last?

The laws about debts and debt collection vary by state. How long a judgment lasts depends on the state that it was filed in. For example, in Ohio, it will be enforceable for five years. In Massachusetts and New York, it is enforceable for 20 years. In New York however, it must be renewed after the first decade to remain applicable.

It is important to understand that a judgment will stay attached to your property, even if you sell it. This may make your property unmortgageable or hard to sell.

When private home buyers go through the process of buying a home, they may be told that the title company found a judgment on the seller. This presents a problem because the seller may be forced address the debt before the property can be traded, sold, or purchased.

Can You Be Forced to Sell Your Home to Pay for a Judgment?

In some cases, a creditor will be able to force the sale of the property to satisfy a debt for which they have received a judgment. However, understand that this comes at the very end of the process and is not the immediate resolution.

How to Remove a Judgment Lien From Your House

What a creditor wants is to be paid what they are owed. Therefore, removing a judgment lien from your house is to pay the debt or negotiate a payment plan with the creditor. Many people choose to sell a home specifically to pay the debt. Doing so can be advantageous for the seller in situations where they want to start over financially with a clean slate.

Can Judgments Be Paid at Closing?

Judgments can and often are paid at closing in a couple of ways. They are paid by either party or with the proceeds from the sale of the home. However, this can become complicated when dealing with private buyers who are using banks to finance their purchase.

In this case, it is far easier to work with a cash buyer for the best outcome and to streamline the process. Using a professional home buyer who purchases in cash can alleviate problems associated with selling your house through the more traditional routes. But can you be forced to sell your home to pay for a judgment?

Looking for a Cash Home Buyer?

When you need to sell your home quickly and would prefer a Long Island cash home buyer, you should contact Handsome Homebuyer. They purchase homes that have a mortgage, lien, or even a judgment.

As professional homebuyers, they know all of the system’s ins and outs and can help you keep the most money in your pocket possible. To see what they can do for you, contact Handsome Homebuyer today!

Jun 2022

How to Sell a Fire Damaged House?

Charles Weinraub2024-01-06T12:51:00-05:00June 25, 2022|house selling tips|

There are between a quarter and a half a million home fires every year in the United States, many of which result in extensive damage to the home. Following this traumatic experience, homeowners are left with big decisions about what to do with a house in the aftermath.

A house fire not only damages the home, but it can also be a downright traumatic experience to face even if no one is injured or worse. On top of that, a myriad of decisions must be made about repairing the home, and no one enjoys dealing with insurance companies in such stressful situations.

This leaves many homeowners ready to just throw their hands up in the air and be done with the whole situation. The stress takes a toll after a while, and frankly, many people want to move on and start rebuilding their lives rather than be burdened the burned-out house.

Can I Sell My House After a Fire?

After a fire, the home is still yours, and there is nothing that prevents you from selling. But, of course, if you want to get top dollar for the home on the traditional market, you will need to repair the home.

However, houses are like cars; they may be sold in any condition, from brand new to damaged. The most important thing when selling a house that has been damaged by fire is to be transparent about it and to keep great records. This is what will protect you from ending up in any sticky situations like being held responsible for liabilities and possibly lawsuits.

It can be a bit more difficult to sell a house damaged by fire because it may be harder for a buyer to get financing. Many prospective buyers may be concerned about underlying issues they could unknowingly be strapped with. This makes the biggest issue with selling a house after a fire finding a buyer for the house.

Who Buys Fire Damaged Homes?

As stated above, private buyers for fire damaged homes can be found, but often the process is much slower, and they will expect to pay a bare minimum or undervalued price because they are purchasing a fire damaged home. To avoid these traps, you may want to sell your home to a company like Handsome Homebuyer, which pays cash for homes in all conditions.

Handsome Homebuyer has a quick, convenient, direct, and upfront process. You can sell your home to them whether you have already made repairs after the fire or not. The best part is that Handsome Homebuyer will give you a fair and reasonable price for your home based on its current condition, whatever that is, and you will be able to move as quickly or slowly through the process as you want.

With Handsome Homebuyer, because they are a diverse and experienced team, if you decide you want to try the traditional market, they can even help you do that too! In fact, you can even try the traditional route, and if it isn’t working for you, then you can opt to sell your home to them for cash and finish the process faster. There really is no better company to work with to learn how to sell a fire damaged house on your terms and within the timeframe you choose.

How to Sell Your Home Today

Selling a fire-damaged home may seem incredibly difficult or even downright impossible, but it doesn’t have to be. Even though you may face challenges in the open real estate market, there are options available for you to sell your home.

Whether you have had a fire that damaged your home or you are dealing with bankruptcy, foreclosure, or something else, contact Handsome Homebuyer now, and they will help you to sell my house fast Long Island.

Jun 2022

How to Remove a Lien From My House?

Charles Weinraub2024-01-06T12:50:56-05:00June 24, 2022|house selling tips|

Having a lien on your property means that you will not be able to sell your property until the lien is removed. A lien is placed on the property as a form of surety that you will pay your debt before making money on your property sale.

There are several reasons that you may end up with a lien. All of the reasons stem from some type of debt or another, ranging from personal debt to child support to court-ordered payments.

If you want to sell your property with a lien on it, you may be wondering how to remove a lien from your house. There are a few different ways that can happen.

Removing a Lien from Property

If you are unsure whether or not there is a lien on your property or you do not know the specifics of it, you should start by doing a title search. That will help you to find the information you are looking for. Do not assume that someone has or can put a lien on your property, make sure you check and know all the specifics beforehand.

Here are the ways that you can remove or get a lien removed from your property title:

If it was obtained fraudulently, or you can prove that it has already been paid off, you can ask the courts to remove the lien.
You may be able to negotiate with the holder of the lien and simply ask them to remove it.
Sometimes, filing for bankruptcy will remove a lien from certain properties.
If your particular state has a statute of limitations for liens, you can always wait for it to run out if that is applicable in your case.
Satisfy your debt. Once you have paid the money that is owed to the creditor or taxation agency, you will be able to have the lien legally removed.

Can I Sell My House to Get Rid of a Lien?

Yes, you can sell your house or property to get rid of a lien as long as the sale satisfies the amount of the lien and will be paid before or at the time of purchase. For many people, this is the best option. It may be enough to satisfy the lien and leave you with extra capital to pay off other bills or put a down payment on a new home.

There are lots of ways to sell a home. First, you can go with the traditional method of putting it on the market. However, this will take some time, which may be an issue for people looking to close out the lien situation as soon as possible so they can move on. Additionally, private home buyers looking for a new home may need financing, which could also slow and complicate the process.

If you are lucky enough to know someone who will buy your home for cash at the market value, this is the best-case scenario; it’s just not the case for most home sellers. If you don’t have someone waiting in the wings, it is a good idea to call a professional home buyer like Handsome Homebuyer.

Sell Property to Remove a Lien

Sell your house and get rid of a lien now by working with a fantastic home buyer. Why deal with the hassles of having a lien against your property when you can readily rectify the situation instead.

Handsome Homebuyer has a straightforward, transparent, and painless process. They buy your home for cash right now and get rid of the lien on your house all at once. To ‘sell my house for cash‘, contact Handsome Homebuyer today!

Jun 2022

Can I Sell My House While in Bankruptcy?

Charles Weinraub2024-01-06T12:50:52-05:00June 23, 2022|house selling tips|

If you are going through a bankruptcy, during the actual proceedings, in other words, after you have filed, until the bankruptcy is granted, you will not be able to sell your house unless ordered to.

Should I Sell My House to Avoid Bankruptcies?

It depends, and you must make this decision based on your specific situation. However, for many people, it does make sense to sell your home to avoid bankruptcy.

A whole cultural revolution of downsizing encourages people to sell their large or expensive homes to cover bills and start over without the burden of bankruptcy on their record. This can be a great option if you are considering bankruptcy, are just looking to streamline your finances, or are making dramatic changes to your lifestyle for other reasons.

Can You Sell Your Home After Chapter 7 Discharge?

The legal discharge means that the process is over, and in this case, you will be able to sell your home. However, doing so may have legal and financial ramifications, so you will need to contact your bankruptcy attorney to ensure that you understand all of the ins and outs of the buying and selling process.

How To Sell Your Home Before Bankruptcy

If you are trying to avoid bankruptcy, one of the best things you can do is sell your home for cash and pay off your debts. Many people sell their homes and then choose to either rent or purchase a smaller home and use the remaining proceeds from their home sale to offset bills.

Filing bankruptcy or allowing liens on our property to persist will end with someone else in control of your financial situation. As a property owner, sometimes it’s just best to “stop the bleeding” yourself. You can nip the problem in the bud by selling your home and using the proceeds to decide how to handle your debt.

This will allow you to opt for strategies like tackling credit card debt, eliminating liens and garnishments, downsizing or relocation that may be far more attractive to you than filing a bankruptcy.

Did you know that in many cases, if you sell your home to a cash buyer, that capital will give you a way to work directly with your creditors to pay off your bills? In some cases, creditors may even be willing to accept a lesser amount if you can pay them a lump sum amount in full immediately.

Who Buys Homes Before a Bankruptcy?

Handsome Homebuyer is a professional home buyer and investor who will work with you to sell your home under almost any circumstance, including before or after you file a bankruptcy. They can provide you with a unique opportunity to have a guaranteed sale at a guaranteed price so that you can consider the value of your home and how selling it will impact your finances.

A quote from Handsome Homebuyer is a great tool for helping you plan your financial future and strategy to get out of debt. It will even give you grounds to negotiate with lenders to whom you may owe money or even be behind with.

If you are ready to sell your home now and get a fresh start, or you need a cash home buyer, reach out to Handsome Homebuyer today. They are a transparent and professional company that can help you seamlessly get through the home selling process no matter your current situation.

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