How to come up with a down payment

Posted on Mar 28, 2009 under Buying A Home | 1 Comment

houseonbundlesofmoney-main_thumbZero-down mortgages are fading as lending rules tighten. If you lack the cash to get into that new home, consider these 12 options along with some buying strategies.

Not long ago, no-down-payment loans were the height of fashion for homebuyers. But now that lenders have tightened their standards, borrowers once again are expected to “put some skin in the game,” to use a favorite industry catchphrase. Read the rest of this entry »

Sellers: How to make your house irresistible

Posted on Mar 28, 2009 under Real Estate Sales Tips | 2 Comments

1428The longer your house sits on the market, the less cash it commands. To maximize your profits, use these expert tricks.

5 easy fixes to make your home more inviting

  • Place a box of chocolates and a water pitcher with lemon slices in the kitchen.
  • Hide pet toys, bowls and litter boxes.
  • Heat an apple pie in the oven. Studies show that the smell of baked goods makes people nostalgic for childhood.
  • Light candles in every room to create a glow.
  • Put away toilet brushes, plungers, sponges, toothbrushes and medications. Read the rest of this entry »

Selling Your House Quick & Cheap

Posted on Feb 28, 2009 under Real Estate Sales Tips | 12 Comments

housesalegraphicSelling a house quick and cheap

Companies that promise to buy homes for cash will do it, but their lowball offers probably will appeal only to desperate sellers.

Q: Our house has been on the market for nearly eight months. I recently transferred jobs to another city, and we desperately need to sell because we are now paying two mortgages. Should we relent and turn to one of those “buy your house for cash” operations? How do these businesses operate, and how much do they typically pay? Read the rest of this entry »