5 Easy Fix-Ups to Get Your Massachusetts Home Sold Fast?

5 Easy Fix-Ups to Get Your Massachusetts Home Sold Fast?

When you want to sell your home quickly there are several options to achieve your goals. The most common and practical way is to give your home or rental a quick cosmetic touch-up to get it ready to show.

What are the most practical and cost-effective fix-up strategies to sell my property fast in MA and get the best price?

That’s what we’ll answer in this article. Please read on to explore 5 essential strategies that will get your home or rental sold in the absolute least number of days. It’s no secret: there better it looks… the faster it sells.

Straightening-up and Doing a Little Organizing

This is the easiest way to get your home sold fast. Spend an afternoon with friends and family, or hire some outside help, to clean up the front and back yards, porches, and parking areas. The same thing goes for inside your property: ask for help or hire cleaning pros to make sure your home looks and smells great (this goes a long way to ensuring a timely sale). Inside the home, it’s very important to organize and de-clutter to make it as pleasing and inspiring as needed to attract retail buyers. Buyers must be able to image living in the property to seriously consider moving forward with the purchase.

Put a Coat on It

This sounds like a big job, but it doesn’t have to be time consuming or expensive. If the paint is in relatively good condition, there’s a chance you can bring up the value and get it sold faster by touching up cracks and faded or water-stained areas. Where the paint is peeling and requires more work, it may need to be completely repainted. Although this can cost in the general range of 2-5k for a typical single-family residence and 4-10k for a small multi-family, it can be worth spending the additional cash to ensure a fast sale.

Primp the Landscaping

Curb appeal counts. Clear out as much as possible, especially any plants that aren’t doing so well, to let the eventual buyer visualize and see the potential of the home as their own. If you have the time and funds, plant inexpensive perennials and shrubs to give the property a fresh look. If the lawn needs major care, consider removing the grass or groundcover and tilling the dirt to aerate the soil and provide a blank slate to the ideal buyer.

Make Sure Everything Works

Mechanical, electrical, plumbing… make sure it all works. If you’ve been living in the property, this may already be that everything works. In most cases, you shouldn’t have to spend a lot to fix up all the odds and ends that need to be addressed to avoid repair requests and delays in escrow. Consider offering a home warranty plan that provides complete protection for all the property’s systems.

Payable at escrow and usually under $500, warranty plans give you tremendous peace of mind should anything breakdown after closing. Let the buyers know exactly what’s wrong with the property to avoid getting sued when they discover problems that should have been disclosed, as is legally required.

A significant benefit of selling to an investor is that since we don’t plan to live in the property, you’re not required to make any disclosures about the condition. We’re buying it as is with all its charm and imperfections. This includes any problems or ‘material facts’ that could negatively affect the value of the property.

Make it Easy for the Buyer to Buy

This one isn’t really a repair, but some advice about how to do some extra little things, requiring minimal effort and expense, that add tremendous additional value and build goodwill in the transaction, resulting in your home being sold fast.

Be sure to be available for showings. Tradition buyers need to see the property and build an emotional connection with it; whereas, investors make an objective decision and are ready to close promptly. Without any loan, appraisal, or repair request issues to deal with, selling for cash is a relieving experience that gets great results and lets you move forward with your homeownership goals more quickly.

Our final advice is to price it right. Set a competitive listing price that considers the location, condition, and age of your property. While it’s tempting to overprice, it will lead to less interest and a much longer selling period.

If you’re ready to sell your property for the best price and skip all the tedious steps involved in the traditional selling process, call us at (617) 250-7100 or click here to request an offer.

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Getting Cash for Houses in Massachusetts

Getting Cash for Houses in Massachusetts

Getting cash for houses in Massachusetts is as simple as calling BostonBd for a prompt cash offer. We take this business seriously and do everything we can to get property owners the cash for houses they need to move forward with their real estate goals. The process of selling your home for cash to an investor is much simpler than the traditional model using agents in selling to retail buyers. This article will provide a brief overview of the process and let you know what to expect.

Initial Questions and Cash Offer

After you call or reach out to us online, we’ll ask you a few questions to get to know your property and situation. Our goal is to learn as much as we can to help build you the best solution. There are many different strategies available to assist homeowners and rental property owners dealing with a full range of property and financial situations. Everything you share with us is held completely confidential.

After we’ve gathered information and done a little research, we’ll get right back to you with your cash offer. The offer we make to you is a net offer, meaning you pay no closing costs and the price we offer is what you will get at closing. We include very few contingencies in our offers and won’t back out over condition issues.

Reviewing and Accepting Your Offer

When we present your offer, either over the phone or in person, we encourage you to ask as many questions as needed. It’s imperative that you understand what you are agreeing to so that you are fully confident in making the decision to sell your property. We will try to answer all your questions, but also encourage you to speak with an attorney for guidance.

Once you see that it’s an unbeatable cash offer with no closing costs, no repairs required, and minimal contingencies, you’ll feel certain accepting the reasonable terms. We work with you to choose a flexible closing date and make sure all the proper documentation is completed. Once the offer has been accepted, we open escrow as soon as possible.

Quick Inspection and Fast Closing

After the agreement is signed, we’ll arrange a brief inspection of the property to verify the condition. From there we’ll guide you through the streamlined escrow process and answer any questions you have along the way. If you respond to all information requests from escrow promptly, there’s an excellent chance to close in as little as 10 days, possibly even sooner if circumstances permit.

Try to be as open as possible with us about the condition of your property and your reason for selling. Open communication will allow us to develop the most appropriate solution to fulfill your objectives. More importantly, full disclosure will prevent any problems with transfer and chain of title during the later stages of escrow.

Getting cash for houses in Massachusetts is a simple process that will take all the challenges out of selling your house or rental. You get a cash offer with no closing cost and no buyer repair requests or loan complications. Call us at (617) 250-7100 or click here to request an offer.

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Should I Sell My Rental Property?

Should I Sell My Rental Property?

This is an excellent question that requires a lot of care in determining the answer to. There are many things to consider, including your experience with the property, quality of tenants, cash flow generated, how much you’re spending in maintenance costs every month, and numerous other things that affect how well rental property ownership will continue to fit with your lifestyle.

Problem Tenants

The number one reason that property owners elect to give up a rental investment is due to poor quality tenants. Tenants that cause excessive damage, neglect to report maintenance needs, and have little respect for payment due dates can be a major source of stress in managing rental properties. If your cash flow permits, it can be a good decision to hire professional property management; however, it won’t make high vacancy rates or non-paying renters any more tolerable.

If you’re facing the need to evict a tenant, it may require legal counsel and the need to judicially, and potentially forcibly, remove the tenant. Frequent overdue payments can be mitigated by maintaining a strict late payment policy and immediately issuing notices once the payment is due and unpaid. Regular involvement with the management of the property is essential to building rapport with and earning the respect of tenants.

Lost Opportunity Costs

Are there other investments you’re considering, but don’t have the liquid capital available? If this is the case, you may be losing money by not making the best return on your investment dollar. If your cash is tied-up in a poor or non-performing investment, you’re losing potential profit that could be earned by reinvesting that capital in higher return assets. Maybe you’re interested in transitioning your portfolio to stocks, REITs, or some other more attractive investment.

Accepting a cash offer from an investor will allow you to obtain almost immediate liquid capital to reinvest in whatever high return vehicle you see fit. Your lost opportunity cost may also be in the form of time. Rental property management is a time-consuming business that can take time from your other personal and professional priorities and responsibilities.

Declining Market

You never know what the market will bring in the coming years for your rental property’s value. In the years leading up to the market collapse in the late 2000s, there was a great deal of overconfidence in the continued appreciation of property values. While the same market factors that contributed to the prior crash are not present today, it is still prudent to consider the likely direction of the market over the short and long term.

Pay attention to market factors including industry growth, unemployment, population growth, and rental rates. When a community has reached the decline phase of its lifecycle, it is an excellent point to pursue an exit strategy. At the point which an investment property no longer provides an economic benefit, the best decision is to either sell the property, or raise the capital and invest the time to improve the property in terms of condition, operational efficiency, and consequent value.

Should I sell my rental property?

Depending on your situation and the economy, it may be either the right time to sell the property, or to recommit and put more money and effort into the project. If you’re leaning towards selling the property, contact us for a fair no-obligation cash offer backed up by experience and capital. Call us at (617) 250-7100 or click here to request an offer.

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How We Buy Houses in Massachusetts

How We Buy Houses in Massachusetts

When we buy houses in Massachusetts, we put all our emphasis on meeting your precise needs as a seller. Our process starts with asking you very simple, straightforward questions regarding the condition of the property and your goals in selling it. We will ask you questions about the condition of the roof, whether the plumbing is working, and other types of repairs the property may need. Even though we will have some detailed questions about the condition, please be as open as possible and know that we will buy your property no matter what condition it is in.

Cash offer with no closing costs

After you reach out to us for an offer by calling, texting, or submitting the request form, we will quickly research the data for your property, as well as similar properties that have recently been listed or sold. Once our brief analysis is complete, we will contact you to present your offer. The offer that we make to you is a cash offer, meaning we don’t use any conventional financing, or the loans that tend to slow down escrow. Also, we pay all the closing costs and no commissions to agents are involved.

We buy in any condition

Conventional buyers are notoriously picky, but that’s not us. BostonBd will buy your house in truly any condition. Even if the only thing left of the property is the foundation, we will make you an offer. Don’t worry about fixing things up, it’s typically not worth it, and it will take time. In nearly 100% of cases, the money that you might spend on making improvements will not be recovered when you resell the property. For example, if you install a pool for $10,000 it may only yield you an additional $5000 in sales price.

Choose your closing date

If you have any reason that you’d like to pick a closing date in the future, we can professionally accommodate your situation. We can put the agreement in place to secure your offer, while you make new living arrangements or handle any matters that need to be addressed before selling. You can pick any date in the next 6 months for your closing, knowing that the amount we offer is the price you’ll walk away with at closing.

Maintaining your privacy

Working with an investor to sell your property offers the additional advantage of maintaining your privacy. Since the sale of your property will never be marketed to the general public, you won’t have to worry about providing showings or dealing with buyers. It will minimize questions asked by neighbors, coworkers, and family about the sale of your property, allowing you to keep your business to yourself.

Conclusion

If you’re ready to sell your property now, and you don’t want to wait 60 to 120 days or longer for your home to sell, working with an investor is the perfect solution. We eliminate all the closing costs, repair worries, and buyer hassles. We buy houses in Massachusetts and the surrounding areas, including rentals. Reach out to us today at (617) 250-7100 or click here to request an offer.

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‘I need to sell my house fast in Massachusetts!’ 3 Tips to Sell it Quick

‘I need to sell my house fast in Massachusetts!’ 3 Tips to Sell it Quick

What are the three most essential things to consider when your goal is to sell your house quick? In our extensive experience helping homeowners and rental property owners we’ve found that the three most common issues are pricing, condition, and marketing. Each of these considerations plays a very important role in the number of days that your property will spend on the market before going under contract and closing escrow. If you give special attention to price your property right, measure the effect of condition on value, avoid unnecessary repairs, and market properly, you’ll have a much better chance of selling a property in a short timeframe.

Price it Right to ‘sell my house fast in Massachusetts’

There probably isn’t anything more important in the sale of real property than proper pricing. I’m sure you’ve heard this before, and it’s true. No matter how beautiful your property is, an inflated price is guaranteed to diminish your chances of selling the property in a reasonable timeframe, or at all. Condition isn’t the only aspect of proper pricing, you also need to consider market conditions and the prices that nearby properties have recently sold at. By looking at the value of similar properties, what appraisers call the ‘substitution method,’ you can get an excellent idea of what your property may be worth.

Aspects to compare include location, amenities, property age, transportation access, bedrooms and bathrooms, square footage, condition, and any other significant difference between the properties. The science of making adjustments to comparable properties to provide the most accurate value estimate, is a process best left to professional appraiser’s; however, you can make these adjustments roughly yourself.

If a property you’re gauging the value of your property against has a new roof, and yours was replaced 15 years ago, consider how much the value of that new roof adds to the competing property. If you subtract that amount from the sold or list price, you’ll have a somewhat more accurate idea of how much your property could sell for. Also, don’t rely on the automated valuation provided by any of the major real estate listing websites; they are all grossly inaccurate and provide outdated information.

Skip the Repairs

If your goal is to sell your property quickly, don’t bother spending your cash reserves or using credit to make repairs. In almost all cases, improvements you make will not pay for themselves when you resell the property. Aside from saving money on doing repairs yourself, it will also save you a significant amount time. The process of ordering repairs, having them scheduled, ensuring completion, and acquiring verification can end up taking weeks and months, especially if any code issues are involved.

After you agree to our cash offer, you’ll have your closing check in as little as 10 days. If you include the savings on holding costs such as mortgage expenses, property taxes, insurance expenses, and other maintenance and operational costs for the property when selling in such a short period, it makes even more sense to leave the property as is and leave the maintenance and cleanup to us.

Effective Marketing

Considering selling the property yourself? One of the most important things to consider, next to price, is how to effectively market your property to get it in front of the eyes of potential buyers. This is one of the most challenging aspects of the job of real estate professionals. The technical and paperwork side of the job is actually relatively simple, compared to many other professions.

Even if your property is perfectly priced, it won’t sell if the public isn’t aware of it. If it does sell without being properly advertised, you’ll much likely receive a lower selling price, and may have cause for damage claims against your representation. To get the best price, and get it sold in the least amount of time, put together a carefully thought-out marketing strategy that uses conventional as well as modern tools.

Some of the most common marketing strategies are also the most effective. Make sure that your property is listed in the MLS and is properly staged. Take the extra time and expense to have it professionally photographed, including a virtual tour and drone fly-over. You can list the property in local real estate magazines, newspapers, online bulletin boards, and also inform the community through conventional means such as flyers and open houses.

If you have any other questions or need any specific advice regarding getting your home sold quickly, please reach out to us for friendly, no-obligation counseling. (617) 250-7100 or click here to send us a message. We’re also here to make you a prompt offer with no pressure.

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