Category: sell a house fast

Traditional home sales might be daunting, but cash home sales can simplify the process, mainly if simplicity and speed are important to you. As the leading cash home buyers in Phoenix, we have prepared a frequently asked questions guide to explain the cash sale procedure thoroughly.

For homeowners hoping to sell their homes fast without the usual headache, this guide answers frequently asked questions and offers insightful advice.

1. What Does As-Is Mean?

When a cash home buyer purchases a home as is, homeowners are not concerned with repairs or showings. They undertake all the essential repairs following the purchase.

2. How Quickly Can I Close?

Once you give reputable cash home buyers, like Diamond Equity, information about the property, they will also make an offer within 24 hours. If you accept the offer, you can close in as few as seven days or whenever you are ready.

3. How Long Will It Take to Close With a Cash Buyer?

When you fill out the property information, they review it and, within 24 hours, give you a no-obligation cash offer. They will arrange to close the sale in as little as seven days or within the timeline you need.

4. How Much Can I Expect for My Phoenix Property?

The cash home buyers tend to use the 70% ARV rule to find an offer. After subtracting repair costs, they pay 70% of the market price. If your house is worth approximately $350,000 after repairs and the cost for its repair estimate is around $30,000, then the cash value would be roughly $224,000.

5. What Are the Main Benefits of Selling for Cash?

Cash sales have several benefits, especially for a quick and easy sale.

1. As-Is Sales: You can sell the house as is, meaning there is no prerequisite for repair or preparation of the home.
2. No Agents or Showings: You can avoid open houses and buyer tours, controlling who visits your property.
3. No Commissions and Fees: Cash sales often eliminate real estate broker commissions and closing costs.
4. Fast Disbursement: You will be paid in days instead of months, and the momentum will continue.

6.How Do I Start With Using Cash Buyers?

Begin by investigating reputable cash home buyers in Phoenix and tell them about your property. They will evaluate your home and make a fast, competitive offer. Upon acceptance, they will handle all the paperwork for you and schedule closing, often within a week.

7. What Should I Look for in a Cash Buyer?

A legitimate cash home buyer should offer transparent processes, reasonable offers, and positive reviews. For example, Diamond Equities has built a reputation here in Phoenix, Arizona, for providing fair, no-obligation offers based on the actual market value of homes.

Selling Your House for Cash: The Easy Way Out

Long months with traditional listing platforms involving realtors, repairs, showings, negotiations, and inflated agent fees. We offer an easy three-step process: submit your information, review the offer, and close on your timeline. We buy houses in Phoenix as-is without lengthy commitments or fees to agents, all set up to save you time, money, and stress.

Are you thinking, “I want to sell my house fast in Philadelphia, but I’d rather avoid a public listing?” If so, a pocket listing may suit your needs. This method is the new private way of selling a home, favoring discretion for the sellers. Unlike most listings on the Multiple Listing Service, pocket listings remain unlisted in public databases and are often seen by fewer buyers within an agent’s private network.

Here’s exactly what the sellers need to know about pocket listings: how they work, their pros and cons, and why sellers would choose them.

What Is a Pocket Listing?

A pocket listing is an off-market real estate sale managed by one broker or agent with no listing on MLS. It is often referred to as an off-market listing, and it’s done in favor of sellers who prefer some form of minimal exposure. Instead of being placed on the open market, the property is only shown to a few choice buyers, giving sellers even more control over the selling process. High-profile individuals or those undergoing more sensitive personal circumstances, such as divorce, often seek pocket listings for privacy.

How Pocket Listings Work

Agents usually include properties in the MLS in a traditional sale, following the regulations of the NAR (National Association of Realtors). The pocket listing holds an agent not including a property in the MLS and only markets it through private channels. This process keeps the sale more exclusive since it is shared only with the buyers with whom the agent or seller has elected to share it.

In most cases, NAR’s Clear Cooperation Policy requires an agent to list a property within one day of public marketing publicly. However, pocket listings bypass this rule by avoiding broad advertising, which might otherwise include social media, public websites, or yard signs. This strategy can benefit sellers by maintaining a low profile for the sale.

Advantages of a Pocket Listing

1. Exclusive Agent Control: The agent manages the sale privately and keeps full commission.
2. Market Testing: The sellers gauge interest and pricing privately before listing publicly.
3. New MLS Listing Option: If listed later on the MLS, it appears fresh to buyers.
4. Increased Privacy: It limits foot traffic to only serious buyers, enhancing privacy.
5. Less Buyer Competition: Fewer buyers create less competition, aiding buyer negotiations.

Disadvantages of a Pocket Listing

1. Limited Visibility: The minimal marketing restricts buyer reach, possibly resulting in fewer offers.
2. Missed Exposure: The lack of MLS and signage reduces property awareness and demand.
3. No Bidding Wars: The limited reach may lead to fewer or lower offers, reducing the chance for competitive bids.

Are Pocket Listings Legal?

Yes, pocket listings are legal but are subject to specific MLS rules. Sellers who want more visibility without broad exposure can sometimes enter their home as an office exclusive, where it is visible only to agents within the same brokerage. This rule benefits larger brokerages with a broad agent network, allowing for semi-exclusive exposure without going fully public.

An Alternative: Selling Directly to Cash Buyers

Consider selling to cash buyers if you want a quick, private sale without listing. This route offers speed—often closing in as little as a week—and avoids traditional agent fees and the hassle of preparing your house for the market. Cash home buyers in Philadelphia, like Diamond Equity, make it easy to sell your house fast and as-is. There are no repairs and no delays of a traditional sale.

Everything’s set ready to sell your house in Atlanta, but the most critical step of this house-selling process is the inspection of your home. It’s through the house inspection checklist that an ordinary seller can identify or realize issues in the house before the problem turns out to be a nightmare for the buyer. Here’s everything you need to consider about inspections when selling your home.

Why Get a Pre-Inspection?

A pre-inspection can be beneficial for a home seller. Here are some reasons why it can help:

• You notice issues early: Because it’s a pre-inspection, it allows you to catch any problems in the home before a buyer does. We don’t want buyers coming along and pointing out issues during the buyer’s inspection because this could result in having to lower the sale price or lose the deal altogether.
• Limit your liability: If you know about the various issues, you reduce your risk of getting into legal trouble later.
• It builds buyer confidence: A pre-inspection report helps prove everyone did their part in the inspection process so the buyer has an element of confidence in their purchase. If the potential buyer feels comfortable, it may speed up the sale.

What Do Home Inspectors Check?

When an inspector comes to assess your home, they will go through critical areas that check your home’s condition. Here is what they usually follow:

1. Structure: They check upon the foundation, roof, walls, and floor for any damage or wear.
2. Electrical: Wiring, electric panel, and outlets will be inspected for safety.
3. Plumbing: Inspectors shall test water pressure, check for leaks, and inspect pipes and fittings.
4. HVAC: They test the furnace, air-conditioning, and ventilation to be in good working condition.
5. Appliances: Major appliances are tested to be working properly.

Home Sellers Checklist of Inspection

Here are a few things to check before your inspector comes, so your home will shine in the best condition possible:

1. Walk Your Property: Start by inspecting the outside of your home. Make sure the exterior is well maintained because outdoor curb appeal can make a great first impression. Look out for:

• Look for standing water after rain, which could indicate poor drainage.
• Check for overgrown trees or shrubs touching the house, which can cause damage or pest issues.
• Check for cracks in driveways or walkways, which might need attention.
• Look for wood rot in fences, decks, or other wooden structures.

2. Test Essential Features:

• Make sure all window and door locks are functioning, and all seals are in order.
• Make sure all the water sources, including faucets and toilets, are operational.
• Check that bathroom exhaust fans work.
• Verify that all light switches work and the electrical outlets are functional.
• Test garage doors manually and with the remote, and check the reverse safety setting.
• Confirm that heating ducts in crawl spaces are connected.
• Inspect the fan ducts to ensure they vent properly out of the attic.

3. Check Utilities:

• Inspect plumbing for leaks.
• Ensure all visible electrical wiring is in good condition.
• Replace air filters in your HVAC system, and clean visible ductwork.

What to Do After Your Inspection

Fix any issues you find related to safety, code violations, or structural problems. If major issues like foundation damage or termite rot appear, consider selling your home “as-is” to cash home buyers in Atlanta, like Diamond Equities. We buy houses in Atlanta in any condition and close within 7 to 14 days. There are no closing costs, commissions, or hidden fees!

A staged property sells 88% quicker and for 20% more money than homes that aren’t staged. But staging itself isn’t the key. In fact, if you stage incorrectly, it could take your home longer to sell.

For this reason you must showcase your home smartly to achieve a quick and profitable sale. In this post, we explore common home staging mistakes and explain how you can sell a house fast in Atlanta. There’s plenty to cover so let’s begin!

Focus On The Curb Appeal

Ignoring the exterior of your home is a bad move. After all, if your home is unsightly on the outside, it won’t get much attention. Consider these tips to improve your property’s exterior:

• A well-manicured lawn is always a nice touch.
• Walkways should be clean and free of debris.
• Paint the exterior.
• Add some potted plants to the porch.

Eliminate Clutter

When home buyers come to see your property, they want to envision living there. But if there’s clutter all over the place, the space will feel cramped and uninviting. Here’s what you should do to remedy this problem:

• Organize every room, including storage areas and closets.
• Donate, sell, or get rid of things you no longer need.

We also recommend reading: “8 Fantastic Staging Tips to Sell Your Small Home in Atlanta.”

Embrace Neutral Colors

Bright colors might be your thing but that doesn’t mean they’re appealing to everyone. Neutral colors, on the other hand, are classic. They’ll make your home seem tidy and they go well with a wide range of wall fixtures. Consider:

• Whites
• Grays
• Beiges

If you have colored walls that might be thought of as gaudy by some, it’s wise to repaint them before listing your home.

Personal Touches Matters

Although decluttering is essential, you shouldn’t make your home seem impersonal. Adding personal elements is acceptable because they can help interested buyers develop a connection with the property. Consider displaying the following things to reflect your personality:

• Family photos
• Artwork
• Decorative items

Just be sure to keep personal effects to a minimum, as too many can be overwhelming.

Don’t Neglect Bathrooms Or The Kitchen

These spaces should be sparkling clean and well-organized.

• Repair leaky faucets.
• Replace outdated fixtures.
• Declutter countertops.

Putting out some fresh flowers or a bowl of fruit in the kitchen is a good move!

Overlooking Lighting

Without proper lighting any room is going to seem gloomy and dull.

• Get all the lights cleaned and ensure they work.
• Replace outdated fixtures with more modern options.
• During showings, open the curtains and blinds to let in natural light.

Choose Diamond Equity Investments

At Diamond Equity Investments, we recognize the significance of home staging. After all, if done right it attracts buyers and enhances the value of your property.

But you don’t have to sweat or put a lot of money into staging if you choose to sell your house as is. We buy houses in Atlanta as is and we can close a deal within two weeks. Contact us today if you’re interested in working with the most reliable cash home buyers in Atlanta.

In Georgia, 64% of people own real estate. However, most don’t understand what influences their home’s value when buying or selling the property. Many homeowners concentrate on increasing the value of their house but frequently ignore the things that can drag it down. At times, it’s more crucial to maintain or fix what you already have rather than add further features. If you want to sell a house fast in Atlanta, consider these important factors that can devalue your home.

What Brings Down Property Value? – Outside Factors

Postal Code and Address

A home’s postal code and address might affect its worth. Reputable communities tend to provide higher property values, so a posh postal code can have a more significant impact than most people realize.

Bad Neighborhood

An undesirable neighborhood might detract from the beauty of a house. High crime rates, inadequate schools, and a lack of facilities could turn off buyers and lower the value of every home in the community.

Mortgage Rates

The housing market and overall economy affect home values. Excessive mortgage rates may make it more difficult for purchasers to afford properties, lowering demand and property values.

Natural Catastrophes

Do you live somewhere prone to hurricanes, wildfires, floods, or other natural disasters? Homes in those areas are less desirable and more difficult to insure due to the increased danger of damage. These factors can bring down the home value.

What Brings Down Property Value? – Inside Factors

Building or Remodeling Without a Permit

Permits are needed for major upgrades, including HVAC, plumbing, electrical, home additions, and ducting. Ignoring permissions might result in fines and require you to repeat the work. Also, homeowners’ insurance won’t cover damage from unpermitted renovations, which can quickly become expensive.

Mold or Mildew Damage

Mold or mildew can significantly lower property value, especially if unnoticed. It can spread behind walls and be costly to address. Check for mold in damp areas like basements, bathrooms, or near plumbing, and quickly address any musty smells you notice.

Deteriorating Foundation

Cracks in walls or ceilings or constant creaking can signal foundation problems. Have a professional inspect your foundation to identify necessary repairs. It’s best to fix any major exterior cracks as soon as possible.

Damaged Driveways or Pathways

First impressions matter. Damaged driveways and pathways can turn off potential buyers. Patching up cracks or, if necessary, replacing the entire path can help maintain property value.

Damaged or Old Roofing

Old roofing can lead to issues like leaks. Have a roofer inspect your roof before deciding to replace it entirely. If you need a new roof, acquire several quotes to ensure you get a good deal.

Outdated Kitchens and Bathrooms

While essential repairs are necessary, outdated kitchens and bathrooms present a choice. Full renovations can be costly, but minor updates can significantly improve the room’s appeal.

Get the Best Offer for Your Property

Knowing what factors can lower the value of your house allows you to address them head-on. Taking care of these issues can improve your home’s appeal to potential purchasers and make you more money.

Renovating or selling a home in Atlanta can be drawn out and stressful, but Diamond Equities can make it simple and quick. We are reputable cash home buyers in Atlanta who provide fast and equitable cash purchases for houses. We aim to simplify your life when you sell your Atlanta, GA, property.

Owners of distressed properties often wonder: “Should I do some renovations or sell my house fast in Atlanta as is?” And if your property is damaged, you may be wondering if repairs are even worth it.

For some, the decision hinges on finances. Others care about location. In any case, understanding the pros and cons of renovating versus selling is important, and this knowledge will help you make an informed decision that’s in line with your goals.

The Burden Of A Distressed Property

Owning a home has long been considered part of the American Dream, but home ownership comes with responsibilities and costs. And when your home is a distressed property, keeping it habitable can put a big strain on your finances.

Homeowners typically spend between 1% and 4% of their home’s value on annual maintenance and repairs. So, for a $200,000 home, that’s $2,000 to $8,000 yearly. However, distressed properties cost more to maintain, especially if they’re in rough shape.

Deciding Whether Or Not To Renovate?

Assess Your Home’s Condition

Can your home be renovated? Will you need to make repairs before starting renovations? If so, the cost of renovating could be higher than expected.

Start with an appraisal of your house. Ask yourself: ”If I renovate, what else is needed to bring this place up to code?”

If you’re renovating more than 50% of your home, complying with current building regulations is especially important. You could need new wiring, plumbing, or insulation, all of which raise the cost of renovating.

Before you put money into renovations, you need to calculate the risks and returns. Will renovations increase the property value? Will this boost in value exceed the total cost of materials, labor, permits, and other expenses?

Often, the final cost is more than the initial estimate, so don’t rule out a lower return on investment or even a net loss.

The Emotional Toll Of Renovating

Along with being expensive, renovations can be emotionally draining. Managing contractors, adhering to building codes, living in a construction zone—all these things can stress you out. In short, the personal cost of renovating can be substantial.

Why Selling Your House As Is Can Be A Smart Move

Given the financial and emotional burdens that come with renovating a distressed property, many homeowners choose to sell to cash home buyers in Atlanta instead. But before you go this route, you need to know why it’s advantageous.

Advantages Of A Cash Sale

Cash transactions are fast and simple, so you don’t need to wait for mortgage approval or go through lengthy negotiations. This is why it’s a good option for sellers who need to resolve financial issues urgently and those who want to move quickly.

Avoid Financial Strain

Selling as is to a cash buyer means you won’t need to spend on renovations. Imagine spending tons on renovations only to see they didn’t add much resale value.

Market Fluctuations

The real estate market is always fluctuating, so your renovations may not get what you expected (in terms of asking price). Specifically, a market downturn can offset the value of improvements.

But if you sell quickly to a cash buyer, when the market is in good shape, you don’t have to worry about this.

Make Your Decision Today

Are you sick of the costs and effort required to maintain a distressed property in Atlanta? Consider reaching out to Diamond Equity Investments. Our team specializes in fast, all-cash home sales, and we buy houses in Atlanta in any condition. No commissions or closing costs!

It’s common to see homes with modifications completed without the necessary licenses. Unauthorized work is frequently done on homes by homeowners. However, if you’re thinking, “I just want to sell my house fast in Atlanta,” you must understand the specifics of this case. Having unpermitted renovations on a home when selling it can lead to major financial and legal issues. You might be held accountable even if the work was completed by an earlier owner. How can you go about selling a house with unpermitted work? Let’s dive in!

What Is Unpermitted Work?

Unpermitted work refers to any alterations or additions to your home that the local government has not authorized. Unpermitted work could entail tearing down walls, renovating a basement, or adding a bedroom. What counts as unpermitted work depends on local regulations. While some people may not even know they are saving money by working against permission, others may do it consciously.

How to Avoid Unpermitted Work

Permit requirements for house renovations can be complicated and subject to frequent modification. Ask the contractor working on your home if permissions are required before proceeding. If they tell you that you don’t need permission, make sure you examine the local regulations. If permissions are required, ask the contractor to provide documentation proving they were secured. But use caution; permits might be falsified at times. Call the local permit office to confirm that the permits are authentic.

Can I Get a Permit Before Selling My Atlanta House?

Fixing unpermitted work before selling is a smart idea if you want to sell your house for the best price (even if it involves paying for permits). Depending on the extent of the modifications, you can obtain the permits on your own. The work will be inspected by a building inspector once you apply for the permit. They’ll give you a list of things to correct if there are issues.

How to Sell a House With Unpermitted Work?

Due to the risks involved, most buyers are reluctant to purchase a home with unpermitted construction. Since they will have to pay for repairs and obtain permissions, a buyer’s offer is likely to be lower. Although it could seem acceptable to conceal the existence of unapproved work from the buyer, the risk is too great. You can get sued and have to pay to have the job done correctly. It is preferable to be upfront and honest about any unpermitted work. Being open may help you avoid issues with the law in the future.

Are You Struggling to Sell Your Atlanta Home With Unpermitted Work?

Finding a cash home buyer in Atlanta is essential if you’re in a difficult situation and need to sell a house fast in Atlanta. Diamond Equity Investments is one of the cash home buyers in Atlanta, and it specializes in handling various problems, including homes with unpermitted work. As investors, we regularly buy properties without permits, intending to renovate them.

A condemned house is one that local authorities have deemed unsafe for human habitation due to severe breaches of housing codes. Once a home is condemned, occupants are typically required to vacate the premises, undertake necessary renovations, or relinquish ownership to a third party. Sometimes, the government may seize the property, compensating the homeowners through market value assessments. If you own a condemned house, you might wonder if it’s possible to sell or fix it. However, before taking any steps, be heedful of the legal issues that might arise when trying to sell a house fast in Atlanta, especially condemned properties. Here’s a comprehensive guide on how to sell a condemned house in Atlanta.

The Difficulty of Selling a Condemned House

Selling a condemned house can present numerous obstacles, largely contingent upon the legal framework governing your specific location in Atlanta. In many areas, the sale of a condemned property may be prohibited until necessary repairs are completed and the property undergoes re-inspection. You may face restrictions on selling your condemned house until it meets specific standards set by local authorities.

The timeline for selling a condemned property can be constrained since the window of opportunity may be limited once the property has been condemned. Consequently, there’s often a pressing need to make arrangements for a sale before giving away control of the property.

The sale of a condemned house is further complicated by the reluctance of homebuyers to purchase these properties. Real estate brokers are unlikely to list or showcase condemned properties to clients unless they possess a Certificate of Occupancy and have clear ownership transfer protocols.

However, mortgage lenders are hesitant to extend loans for condemned properties for several reasons:

• The risk of the government seizing the property
• The inability to occupy a condemned property
• The uncertainty surrounding its future value post-repair

Selling a condemned house presents numerous hurdles, from legal intricacies to financial constraints. It can make selling the house challenging for property owners and prospective buyers.

Strategies for Selling a Condemned House

While selling a condemned house may seem daunting, there are viable strategies to explore:

1. Repair and Sell: Invest in making necessary repairs to bring the property up to code. Once renovations are complete, have the property inspected and certified as habitable. Then, market your house for sale to buyers.
2. Sell As-Is: Alternatively, consider selling the condemned house in its current state to cash home buyers in Atlanta. Selling as-is can expedite the process and minimize out-of-pocket expenses for repairs.

By selling your house for cash to trusted cash home buyers like Diamond Equity Investments, you can streamline the sale of your condemned property in Atlanta while maximizing your returns. At Diamond Equity Investments, we buy houses in Atlanta for fair prices in any condition in less than two weeks. To turn the burden of your condemned house into a profitable opportunity, reach out to us.

Owning a home is like hitting a major milestone. It’s a symbol of success and financial stability for many, but it can also drain your wallet. Like any good thing, being a homeowner has its ups and downs. As life throws curveballs, that dream home might feel more like a burden.
This blog will talk about important signs that your Atlanta house might be causing more trouble than it’s worth.

Too Many Repairs

As time marches on, every home requires maintenance and repairs. The older the house, the more frequent and pricier they become. Your trusty appliances and essential systems may need to be replaced due to the wear and tear of passing years. Cracks in the walls or a wonky floor are red flags that might hint at deep-rooted issues that are more than a quick fix. If the foundation is shaky, you’re in for a potential nightmare. Aging structural elements could force you into a wallet-draining game of catch-up, from foundation woes to plumbing and roofing headaches. If your Atlanta home demands a significant makeover, it might be time to reconsider its worth.

Done with DIY Drama

Maybe the idea of “I want to sell my house fast in Atlanta and buy a new one” isn’t as appealing as bidding farewell to homeownership altogether and embracing the carefree vibes of renting. Owning a house is like signing up for a never-ending to-do list. Your family might be over a house’s demands on your time, energy, and money. Alternatively, you could sell your current spot and swap it for something that’s more minimal maintenance. The choice is yours!

Extra Costs Alert

Taxes and fees sneak in as those not-so-friendly extras. Thanks to market ups and downs, your home’s taxes might skyrocket, possibly outpacing any income gains you’re making. Brace yourself for unexpected hits like tax assessments or those hefty homeowners association (HOA) fees for special projects. If it feels like your hard-earned cash is vanishing into the pit of property upkeep, your Atlanta home might just be causing more financial headaches than it’s worth.

Expanding or Shrinking Your Workspace

If your Atlanta house doesn’t quite fit your lifestyle anymore, it’s more hassle than it’s worth to stick around. Families often realize that the cozy home they fell in love with feels cramped as time ticks on and needs evolve. Maybe you’ve welcomed new additions to the family, or your lifestyle has taken a new turn, and suddenly, that once-perfect space feels a bit snug. Upgrading to a larger home could be the way to boost your everyday comfort and joy.

Wrapping It Up

When you’re ready to move, finding people who pay cash for houses in Atlanta, GA, is key. If you’re eyeing a sale in Atlanta, count on Diamond Equity Investments to have your back. We’re all about swift solutions and paying cash for houses in Atlanta, GA. Our cash home buyers in Atlanta are ready for a fast sale.