Common Problems Homeowners Face When Selling Their Homes In Atlanta

Common Problems Homeowners Face When Selling Their Homes In Atlanta

How can I sell my house fast in Atlanta?”

If you’ve decided it’s time to sell, this question is probably buzzing around your mind. The thing is, selling a home can be challenging, and you must be cautious at every step so you avoid blunders. In this article, we address the common problems homeowners face and provide solutions to these.

1. Improper Planning

“An hour of planning can save you ten hours of doing.” With this in mind, create a thorough plan before you embark on the home-selling process. Decide how you want to market the home sale, determine whether or not you want an agent, go through your home and see what damages need to be repaired, and get the deed and other relevant documents ready ahead of time. Also, have a backup plan, as you may need one of these.

2. Hiring An Agent

Hiring a real estate agent is essential if you want to list your home and have a professional take care of the major things. Choose an agent who’s easy to work with and good at their work. If your agent has multiple clients at once, they may be unable to sell your home quickly. So, before choosing an agent, look at their client feedback to gauge their reliability.

3. Pricing The Home

Analyze the real estate market and see what comparable houses in your neighborhood sold recently. If your asking price is much higher than nearby homes are worth, buyers will think you’re trying to scam them. And if your home is undervalued, buyers might think your house has many problems. To sell a house fast in Atlanta, you need to set a reasonable price that attracts a range of buyers.

4. Open House

Hosting an open house is essential, especially if your goal is to sell quickly. Buyers will check out the home during an open house and learn more about it from the guiding agent or home seller. At an open house, you want buyers to be able to envision living on the property.

5. Closing Phase

Closing is the most essential part of any home sale. At this point, a lot of paperwork needs to be signed, and closing costs need to be paid. If you don’t want to pay closing costs and you want to avoid real estate agent commissions as well, reaching out to cash home buyers in Atlanta will be the best move.

A home sale can be challenging, tedious, and exhausting, but that doesn’t mean selling for a fair price is impossible. Keep yourself calm and remain unemotional; this way you can lock in a fair selling price.

At Diamond Equity Investmentswe buy houses in Atlanta for fair cash, and you won’t need to pay any agent commissions or closing costs when you sell to us. You won’t need to repair things beforehand, either. Reach out to us today and enjoy a hassle-free home sale.

5 Mistakes to Avoid While Selling Your Home in Phoenix

5 Mistakes to Avoid While Selling Your Home in Phoenix

Do you own a house in Phoenix and are looking for ways to sell it? You want to make sure you make the sale as easy and profitable as you can. Here are the five most common mistakes homeowners make when selling their homes.

1. Skipping Major Repairs and Hiding Problems

Certain types of repairs can be expensive. But if you decide not to fix it, the buyer may ask for a credit to cover the repair later. If you have the time and money, it can be beneficial to make the repairs yourself. A repaired house will attract buyers’ attention once your property is listed.

If you can’t afford significant repairs, be honest with potential buyers about the home’s needs. It’s your responsibility to highlight any recent repairs, issues, and updates in the seller’s disclosure.

2. Forgetting Closing Costs

Another mistake is not considering the closing costs when considering the profit on the home sale. Your closing costs can be as high as 8 to 10 percent of the sale price. The closing costs include commissions, transfer tax, title insurance, prorated property taxes, HOA fees, ad costs, escrow fees, and attorney’s fees. Make sure to consider them before fixing the selling price.

But closing costs can be too much to handle if you’re in a financial crisis. Instead, consider a cash home buyer in Phoenix who offers to cover them. With Diamond Equity Investments, you can sell your house quickly in Phoenix without closing costs.

3. Pricing Too High

As a seller, looking to get top dollar for your house is quite natural. But it would help if you were realistic about its actual value and how buyers will see it. Many potential buyers will probably lose interest if you overprice the home.

4. Not Open to Negotiate

If you receive an offer for your home different from what you expected, be ready to negotiate. The only way to a successful deal is to ensure that the buyer also feels like they benefit. Also, if you want to see the sale price rise, offer to cover some closing costs for the buyer. However, such negotiations will not always be beneficial.

5. Choosing the Wrong Agent

If you want to work with an agent:

  1. Ensure they are qualified and will protect your interests. Since some agents charge a flat fee and a percentage of the sales price, you can negotiate for a lower agent commission.
  2. Always review the agents before you agree to work with them.
  3. Check their licensing and credentials, and chat with their previous clients to know more about their reliability.
  4. If you like to avoid paying commissions, consider selling your home to a cash buyer.

Diamond Equity Investments is a popular cash home buyer in Phoenix. We have a transparent process and ensure a quick home sale in less than 30 days. Contact us to get your fair cash offer!

7 Signs It’s Time to Sell Your Rental Property in Atlanta

7 Signs It’s Time to Sell Your Rental Property in Atlanta

Are you the owner of a rental property in Atlanta? Are you debating whether or not you should sell your rental home? If the property starts consuming your money and energy more, it is no longer worth being an investment. Here are the seven reasons to sell off your rental property in Atlanta.

Needs a Lot of Maintenance

If your property maintenance is cutting too deeply into the profit you’re receiving, it doesn’t make sense to keep up with it. You have two solutions. You can either renovate the house to increase the rent value or sell it to another investor. But if you have a good cash flow, it may make sense to keep it.

Rigid Financial Conditions

If you’re low on money and solely relying on the property’s rental income, you may want to consider selling it. What if your tenant is delayed in paying the rent or has to move for work? Selling your house for a fair cash price may be a better choice. At Diamond Equity Investments, we are ready to help if you need to sell your Atlanta house faster. Contact us to get your fair price quote for your home today.

Troublesome Tenants

Are your tenants giving you trouble? It could be anything from making late rental payments to damaging your property. You can take legal action, but it is a lengthy process. But if the property requires renovations, vacating the tenants will only solve part of your problem. Ultimately, the best option is to sell your home to eliminate the issues.

Low-Interest Rates

Mortgage rates have fallen to recent lows in many areas. Such low-interest rates have reduced the gap between the cost of renting and buying. So, many rental owners are losing long-term tenants to home ownership. If your property is vacant, it may be time to sell it to a cash home buyer.

Relocating Plans

If you’re moving somewhere, managing your Atlanta home will be hard. If you don’t have a property manager you can trust, consider selling it to avoid difficulties. Atlanta cash buyers can make the process much easier. You can quickly sell your house and move on to what’s next.

Hefty Taxes

The taxes you need to pay for the house can be expensive. Maintenance and house alteration expenses can cost you a fortune to keep the house ownership. If you’re financially unstable, it’s likely time to put your house up for sale.

Changes in the Local Market

In Atlanta, the inventory is low, and investment demand is high. Home value in Atlanta has increased by about 273% in the last decade. If you have had the house for a while, it could be the right time to sell it.

Investments are supposed to support you in a financial crisis and be hassle-free. If your rental property is causing a lot of misery, it is enough reason to consider selling it.

If you’re looking to sell your rental property in Atlanta for a fair price, connect with Diamond Equity Investments. We buy houses in Atlanta in any condition with zero commissions and no closing costs. Call us or visit our site to learn more about the buying process.

5 Tips You Can Use To Boost Your Atlanta Home’s Curb Appeal

5 Tips You Can Use To Boost Your Atlanta Home's Curb Appeal

When someone first sees your house, it takes just a few seconds for them to form an opinion on it. That said, if your home has lackluster curb appeal—i.e., it’s not appealing from the street—it probably won’t attract much interest. However, several things can be done to improve a home’s curb appeal, and many of these improvements aren’t budget-busting.

Consider the tips below when you want to sell a house fast in Atlanta. Ensuring the house has unquestionable curb appeal is essential.

1. Complete Any Unfinished Repairs

Rotted windows, smashed sideboards, and torn screens can all make your home look unsightly. If these flaws have existed for some time, you might have grown accustomed to them. But a buyer won’t think these defects are normal, and they’ll probably stay clear of them. For this reason, you should do minor home repairs to boost your home’s curb appeal before selling.

2. Put A New Coat Of Paint On

Adding a new coat of paint can bring life to your property. Worn-out and peeling paint, on the other hand, won’t fly with buyers. And make sure you paint the house a neutral color, as anything too bold may keep buyers away. Painting is one of the most cost-effective improvements you can make before selling.

3. Power-Wash The Exterior And Clean Up The Driveway

Cleanliness is a big part of curb appeal. Dirty siding, windows, and doors can turn a buyer off before they even walk through the front door. It takes little time to power-wash your deck and siding; if you do, you will surely see fantastic results. You can rent a power washer or pay someone to do this for you. Clean up your driveway and, if required, power-wash it so it’s immaculate.

4. Improve The Landscape

Your grass should be healthy and well-maintained. If your home has bushes around it, these should not be overgrown. It’s also a good idea to plant flowers around your home before you put them on the market. These will bring color to your property and smiles to buyers’ faces.

5. Consider Using Symmetry

Keep symmetry in mind when staging your home’s exterior. There should be balance, and everything should look like it belongs where it is. If you can’t stage on your own, get help from a pro.

In short, you want your property to make people say “Wow!” when they see it. That said, you shouldn’t spend an arm and a leg improving your home. Only do the cost-effective renovations, so you don’t essentially let money go down the drain.

And if you don’t want to make any improvements before selling, sell your property to Diamond Equity Investments, a trusted cash home buyer in Atlanta. We buy houses in Atlanta, GA, and neighboring areas regardless of condition. Selling your property directly to us is by far the fastest way to sell a property in Atlanta, GA.

5 Tips For Saving Money When Selling A Home In Lawrenceville, GA

Several reasons may force you to sell a home, but you’ll likely want the best deal. To do so, you need to know the costs of selling a house, such as escrow fees, insurance, appraisal fees, inspection fees, and closing costs. The total sum of these costs could be a five-figure number that takes a big chunk of your profit. While some of these costs are inevitable, some you can avoid. Read on if you want to sell your house fast in Lawrenceville, GAand avoid some fees when doing so.

1. Smart & Efficient Upgrades

A house should be in good condition before it’s put on the market. But you don’t need to go overboard with repairs and upgrades. Think about the return on investment (ROI) before renovating. Only do what will give you the most bang for your buck; this way, your house is more appealing to potential buyers, but you’re not severely in the red. For instance, a minor kitchen remodel will recoup almost 80% of the total cost, while a significant bathroom overhaul could recoup just 50 to 60%.

2. Negotiate Smart Seller Concessions

It’s normal for sellers to pay closing costs, including inspection and appraisal fees, legal fees, property taxes, and insurance. Closing costs can be 5 to 6% of the total sale price. Instead of paying all the closing costs, reduce the price in exchange for the buyer picking up some of the costs. This way, it’s a win-win for both of you.

3. Include Furniture & Appliances In The Deal

During the negotiation, do not hesitate to mention furniture, appliances, and other household items. Including these will add extra value to your home and could raise the asking price. A buyer may like this offer because it will save them money on moving expenses.

4. Negotiate The Realtor’s Commission

Realtor commission is typically 6% of the total sale price, which is a significant amount of money. Instead of accepting the standard commission, try to negotiate with your realtor. Many are open to working for a lower commission, especially if your home is in a good location and has a good market value.

5. Sell The House For Cash

A cash sale will help you avoid most of the costs associated with selling a home. There are no appraisal or inspection fees, and you will not have to pay for any repairs or upgrades. You will also avoid paying a realtor commission. Selling your home for cash is best if your main goal is selling fast.

In general, selling a home is expensive, but with a few smart choices and careful planning, you can avoid or reduce many of the costs involved.

If you’re looking to sell a house fast, consider selling it to cash home buyers in Lawrenceville, GA. You’ll enjoy a hassle-free, quick, and safe way to sell a house in 2022.

We are Diamond Equity Investments, and we buy houses in Lawrenceville, GA, as is and for cash. Reach out to our team to learn more about our process.

5 Tips For Determining The Value Of Your Atlanta Home

5 Tips For Determining The Value Of Your Home Sell A House Fast In Atlanta

Selling a home can be both exciting and challenging at the same time. But before you put your home on the market, you must know how to price it correctly. The value of your home is based on many factors, including its age, size, location, and amenities within. If you’re wondering “How can I sell my house fast in Atlanta,” use the tips below to price your home accurately and sell without any hassles.

Tip #1: Look At Comparable Houses In Your Area

Find out what nearby houses are selling for. Use the average of these figures as a benchmark. But remember to check out the amenities nearby houses have, as you can’t compare your home to properties that don’t resemble it and expect to get useful information from doing so.

Tip #2: Research The Current Market

Learn about how the real estate market works and see if either sellers or buyers are in control of the current market. When demand is high and available houses are few, it’s likely your home holds considerable value and can fetch a generous offer from an eager buyer.

Tip #3: Jot Down The Upgrades You’ve Done

You’ve likely made some renovations over the years. List those out along with associated expenses to get an idea of how much value renovations added. If you plan to sell the house with equipment and electronics included, the cost of these machines must be factored into the final asking price.

Tip #4: Use Online Evaluation Tools

Several online evaluation tools that will help you estimate how much your home is worth; these tools also list comparable homes in your area. Use these tools to prepare for the selling process. Specifically, come up with a price range for your home, and don’t accept anything below the low end of that range.

Tip #5: Get A Professional Appraisal

A professional appraisal is the most accurate way to determine how much your home is worth. An appraiser will take into account all the factors that influence your home’s value and give you a report that you can use when pricing your home. This will remove any ambiguity and give you the confidence necessary to negotiate the price correctly.

If you don’t want to wait for a detailed home evaluation and instead want to sell fast, a cash home sale is the best option for you. Cash home buyers in Atlanta will buy your home as is, meaning you won’t need an appraisal or home inspection.

At Diamond Equity Investments, we buy houses in Atlanta for fair cash. Call us today and our team will help you sell your house fast in Atlanta.

5 Tips For Finding A Genuine Realtor Who Can Sell Your Fulton Home Fast

Finding A Genuine Realtor

Selling a home can be a stressful experience. If you’re a novice in the real estate market, you have to find a realtor who can sell for you. But how do you know which realtor is the best fit for you and your home? How do you find one worth the hefty commission you will be paying? Let’s help you find the best realtor who can sell your home fast in Fulton County, GA.

1. Ask Family And Friends For Referrals

If someone you trust has had a good experience with a realtor, then chances are you will too. In addition, your family and friends can give you an honest opinion about their experience, which can help you weed out the good from the bad and sell a house fast in Fulton County.

2. Examine The Local Housing Market In Person

If you have enough time on your hands, drive or walk around your neighborhood and look for agent names that come up frequently on real estate signs—bonus points if their name is on a “sold” sign! According to our research, 5% of sellers find agents using a for-sale sign, while 16% hire an agent based on a personal recommendation.

3. Meet With A Few Realtors

It’s important to be comfortable with the person you’re trusting with selling your home. After all, you will be working closely with this person for some time. So take the time to meet with a few different realtors before you make your final decision. This will also give you a chance to ask them questions about their experience, their marketing plan, and their overall strategy for selling your home.

4. Learn About Their Selling Strategy

Once you’ve met with a few different realtors, it’s time to start learning about their selling strategy. Some realtors may opt for a traditional approach, while others may use more modern methods. It’s important to find out what they will use and if you’re comfortable with it. For example, if you’re not comfortable with the idea of an open house, then you’ll want to find a realtor who is willing to work around that.

5. Ask The Right Questions

How long have you been working in real estate? Do you primarily work with buyers or sellers? How many active clients do you have at a time? Are you part of a team? Are you well equipped to handle my unique situation?

These are some questions that can help you gauge a realtor’s skills and experience. Remember, you should only be choosing the best realtor you come across.

A cash home sale can be a great alternative for those who want to avoid the stress associated with a traditional sale and sell a house fast in Fulton County, GA. Cash home buyers in Fulton County can close in less than 30 days after you accept their offer.

Talk to our team of experts today to learn more about your options. We buy houses in Fulton County for cash, and you don’t even need to pay any realtor fees or commissions.

4 Legal Provisions That Can Protect Your Home in Dekalb County From Bankruptcy

Protect Your Phoenix Home From Bankruptcy

It’s hard to imagine your life without your home. But for some people, foreclosure is a reality. And when you’re facing bankruptcy, your home may be sold to pay creditors. Losing your home can be incredibly difficult, but there are legal protections that can help you avoid this. Below are four legal protections you should know if you’re facing bankruptcy:

What Happens In A Typical Bankruptcy Scenario?

The bankruptcy process is a legal way for you to restructure debts and get a fresh start. But during this time, your creditors are allowed to take over some of your assets. If you own a home, this will likely be one of those assets.

Ways To Protect Your Home During Bankruptcy

When a bankruptcy trustee is appointed, they automatically take over the property. They’ll also be registered on the title and can stay there for up to six years after the bankruptcy has been discharged.

The trustee will benefit from your mortgage balance being reduced, and also when the property’s value increases. If you act quickly, you can purchase your property interest from your bankruptcy trustee.

Keeping Your Home In A Chapter 7 Bankruptcy

In exchange for the discharge of qualifying debt, the Chapter 7 bankruptcy trustee will sell your non-exempt assets and distribute the proceeds to creditors. However, the trustee cannot take your property’s equity if it is entirely exempt. Subtract all mortgages and liens from the current market value of your home to determine how much equity you have. If you can acquire this interest, you may be able to keep your home.

Keeping Your Home In A Chapter 13 Bankruptcy

In Chapter 13, you keep your property while repaying your debts (some in full, some in part) over time. Because you keep your property in Chapter 13, you will not lose your home automatically.

However, keeping a home in Chapter 13 can be expensive. You must pay creditors with any nonexempt equity through the plan. You’ll also need to demonstrate that you have enough income to cover your monthly mortgage payments and all other required debt payments throughout the three to five-year Chapter 13 repayment plan.

Ways To Protect Your Home Before Bankruptcy

Be proactive and look for ways to save your home. Try:

  • Refinancing
  • Negotiating with your creditors
  • Selling your equity/interest to a co-owner
  • Selling your home for cash

A cash home sale can put cold cash in your hands fast and help you avoid foreclosure. Cash home buyers in Dekalb County, GA will close in less than 30 days after you accept their offer. If you sell this way, you have a chance to avoid bankruptcy.

We buy houses in Dekalb County, GA regardless of condition or location. Call us today and our team will help you sell a house fast in Dekalb County, GA for cash.

How To Find The Value Of Your Cook County Home Using Comparables

Determine A Fair Selling Price

If you’re hoping to sell a house fast in Cook County, IL, the first thing you’ve got to do is find out how much it’s worth. There are several ways to evaluate the current market value of your home. In this post, we discuss how you can calculate the value of your home using comparables.

First things first:

What Are Comparables?

In real estate terminology, a comparable (or comp) is a recently sold home in your neighborhood that’s similar in size and possessing a lot of the same features. The condition and location are also similar. Sellers, cash home buyers in Cook County and those who are doing for-sale-by-owner (FSBO) use comparables to determine the right listing price for a property.

Even if you’re selling the traditional way, i.e. with help from an agent, it’s a good idea to be familiar with comps, as this way you can ensure that your agent is recommending the right listing price for your property.

How To Find The Best Comps In Your Neighborhood

We’ve put together a handy list that’ll help you find the right comps in your neighborhood. Use these to accurately value your home:

#1: Browse Recently Sold Listings

You can use popular real estate sites like Redfin and Zillow to find recently sold properties in Cook County that resemble your home. Enter your zip code and use the map to locate recently sold properties in your neighborhood. Use the search filters available on these sites to refine your results. To find relevant comps, you can use filters like “number of bedrooms”, “amenities”, and “date sold”.

Here are a few points to keep in mind:

  • Take the final prices with a pinch of salt. For example, a home might be listed as sold for $300,000. However, if the buyer persuaded the seller to make concessions for around $40,000, the actual selling price might be $260,000, which you couldn’t see on the site.
  • Don’t include for-sale listings in your comparables list, as the final price could change.
  • Look for comps with plenty of photos so you can compare home features with yours.

Prepare a list of comparables that closely resemble your home. Ideally, the list should include no more than half a dozen properties.

#2: Visit Your Comps

As we all know, you can never trust marketing materials entirely in real estate. You’ve got to visit the place in person to get a clear idea of how it looks. It’s OK if you can’t get inside the home. Just drive around the property to get an idea of the home’s condition and surroundings. Compare the following features with your home:

  • Location – A home located in a quiet cul-de-sac fetches a higher price than those near a busy intersection.
  • Curb appeal – The first impression a house gives will in part determine its value.
  • Nearby attractions – Homes located near popular restaurants, entertainment zones, and shopping centers sell for more than homes located in noisy neighborhoods.
  • Enjoying the outdoors – Access to nearby parks and hiking trails is a bonus.

#3: Calculate Your Home’s Value

Using the information you’ve collected in the previous two steps, you can select a final list of three comps that closely match your home. Calculate the average selling price using these three properties.

This number will be close to the value of your home. You can adjust it up or down depending on your home’s quality, location, size, and features. For example, if your home has a modern kitchen, you can adjust your price accordingly.

Calculating the selling price of your home by using comps will give you a ballpark figure. You can then use this number to negotiate with potential buyers.

Selling A Hoarder Home In Phoenix: Should You Fix It Up Or Sell As Is?

Way To Sell A Hoarder House

Have you inherited a hoarder home? Do you think you can fix the property up and put it on the market? Reading this blog will help you decide whether or not fixing up a hoarder home is the best option for you. Remember that you can sell your Phoenix home for cash, even when it’s a hoarder home.

What Is Hoarding & Why Is It Dangerous?

Hoarding is an obsessive habit. Essentially, a hoarder “collects” items in their house and doesn’t throw anything away. Hoarders are psychologically predisposed to place intrinsic value on possessions that they do not need in the first place. Items like newspapers, takeout containers, oversized and old clothes, magazines, broken toys, and plastic bags are often hoarded.

Hoarder houses are not only messy but dangerous, as hoarding poses a threat to the homeowner if things get out of hand. Unfortunately the likelihood of a fire starting at such homes is high, and these tend to spread quickly. And with so many items around, often the fire alarm and exits are blocked. Additionally, hoarding junk makes it easy for bacteria, viruses, rodents, and other pests to thrive, and these pests can spread illnesses to those who are living in a hoarder home.

If you know a family member or friend who’s suffering with hoarding, do your best to encourage them, as committing to a fresh start is the best way to overcome hoarding.

And to really solve the problem, you can sell the hoarder’s home so they don’t have the ability to perpetuate this degenerative habit. This brings us to the pressing question:

“Should I sell a hoarder house as is or should I fix it up?”

If you’re hoping to make a big profit from the sale, making repairs is the best way to go. Here are some common repairs to consider:

  • Fixing the roof, electrical, HVAC, and plumbing systems.
  • Clearing junk and deep cleaning the place.
  • Remodeling kitchen cabinets and flooring.
  • Adding a fresh coat of paint.

Clearing a hoarder home is always a challenge, mainly because hoarders accumulate junk for several years, so there’s a lot to get rid of. To make things easier, you might have to hire professional cleaners and remodelers. Doing this can cost anywhere from a few thousand to tens of thousands of dollars. And don’t forget that it generally takes about 5 to 6 months to deep clean, repair, and fix up a property.

If you do not have the budget or time for a full-scale renovation, the better option is to sell the property as is. Selling it to cash home buyers in Phoenix is an excellent option if you’re strapped for cash and looking to get the process completed quickly. Look for trusted cash buyers and real estate investors who’ll take the property off your hands without requiring you to make repairs.

Selling to professional cash buyers ensures a fast closing, no agent commissions, and no closing costs. And the best part—you don’t have to go through the hassles of cleaning and staging the property. You can sell as is and even leave the junk behind.

To summarize:

  • If you want to profit handsomely, you can spend time and money fixing up the property before listing it on the market.
  • However, if you want a quick and hassle-free sale, consider selling the hoarder home as is to trusted real estate investors in Phoenix.