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Tips To Sell Your House Fast In A Depressed Real Estate Market – Miami

December 31, 2015 | Author: | Posted in Investing

To sell your house fast, you must prepare your house for the market.  The following points are a good check list of the things to pay attention to:

1)    Price
Most house buyers always look at the price as the first thing when looking to buy a house. If the price is lower than other similar houses in the neighborhood, your house will stand out in the market even before someone drives over to see it.

Houses that have been on the market for more than 3 weeks lose their appeal to most buyers.

Detach yourself emotionally from the house when setting the price tag.  It is no longer important what you paid for it; what matters is how does the current price compare with similar houses in the neighborhood.

If you have a low mortgage balance that allows you to price it lower than other similar houses, go for it!

Invite realtors in your area to provide views about its condition and pricing to be competitive in the market.   Look at the house more like  a buyer instead of the seller. Highlight all amenities – location, size and other factors that make it more appealing than other similar houses.  If you were looking to buy a house in this area, would you buy it at the price with the amenities it has?

2)    Physical condition of the house
When you look at the house from the outside, what is the first impression you get?   Would it do with some TLC?

When they step through the door, are the smell and atmosphere welcoming to them?  Would this be your dream house if you were looking for a house?

Do not spend too much money fixing it up or you cannot price it competitively.

If at all, most of the work should be simple clean up and minor touches.

3)    What if have a high mortgage balance or it needs repairs?
Sometimes your mortgage balance might be too high or it needs repairs.

In such a case, it may be necessary to talk to real estate investors who buy and sell houses in your local market.

Real estate investors can buy your house even when it needs repairs or even if the mortgage balance is high.

A real estate investor can let you know if they can buy your house in as little as 24 to 48 hours. Usually they will make you an offer and are open to discuss all numbers and terms of the sale with no obligations.

David West  is a real estate expert and real estate investor buying houses in Miami Florida, and the surrounding areas.

He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to sell your house fast, please visit

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David West is a real estate expert and real estate investor buying houses in United States.

This author has published 1 articles so far.