Homes In Transition for Property Owners (Part 2)

Homes In Transition is a proven program

Homes In Transition offers a proven, comprehensive solution for all the issues related to vacant houses. HIT provides a unique and safe marketing environment for your house while providing asset preservation, security, staging, and greatly reduced operating costs for a fraction of what it costs to keep the property vacant. In fact, if we can't help you sell the property within the first 90 days of our occupancy, the cost for the HIT program is waived! Either way, we can show you how the HIT program will drastically cut your holding costs of your vacant property while we provide the essential breathe of life every vacant house needs. 

Our nearly 30 years of combined experience and nearly 300 houses proves our reliability and dedication to helping get vacant houses SOLD.

Lets face it, times are tough enough without the burden of another vacant house in the neighborhood. HIT can eliminate this burden for you and for your neighbors. HIT's unique arrangement with the Property Owner and Caretaker keeps property values in check because a HIT Caretaker occupied house is more attractive, is better maintained, always available for better showings, feels better, is fully functioning and sells faster, for more money.

No longer does your vacant house scream "make me a low ball offer, I'm desperate". People understand a vacant house is a burden and they believe you will take a lower offer just to free yourself from the weight around your ankle.  When your house is well cared for and HIT is part of the marketing solution, there is no appearance of desperation or burden, thus offers are more reasonable and other Brokers want to show it.

If you're facing foreclosure or worse, selling your house fast, and at the best price will reduce any deficiency judgment and could mean the difference between having your credit dinged and having to file bankruptcy. At this point, your house is not an asset, rather it's a huge liability that, like a weight around your ankle, is dragging you deeper into financial ruin. And even if you lose your house to foreclosure or give it back, you could still be responsible for loses to your mortgage holder. If you can salvage a sale before the house is sold at the court house, it could greatly offset what you might otherwise owe your lender. Homes In Transition can HELP!

Homes In Transition for Property Owners (Part 1)

Selling your house in any market can be a challenging process. If your house is vacant, getting it ready, getting it set and getting it sold can be a real challenge. Homes In Transition (HIT)is a program developed to help you and your Broker sell the house fast and at the best possible price.
 
If your house is for sale and vacant, you're not doing everything you can to get the highest and best price for what is probably your biggest investment. It's important to realize your house is no longer that special place where you raised your family, saw your dreams come true and created lifetime memories. Your house is just like every other vacant house on the market in the eyes of the prospective buyer which is why you must consider all your options to help it compete with all the other houses on the market.

Selling your vacant house will require a different prospective

To make the best decisions about selling your house, you must view the process as as a business proposition that will require the same decision processes used to sell your car, your boat, or other property.

Selling your house in this market will require listening to your Broker's advise. HIT can help your vacant house stand out from the competition. It is a well know fact that a house that is occupied (temperature controlled with a breath of life), nicely furnished and well cared for always sells faster and for more money. It is our goal at Homes In Transition to make that happen for every vacant house we breathe life into.

Tips for Shopping Online for Real Estate

The Internet has changed modern life in many ways, including the way that people buy and sell real estate. From real estate broker websites to personal blogs on real estate, there is tons of online information for potential buyers to utilize. Though most people already use the internet to search for homes listed for sale, there are some other things that can be done to get even more value out of shopping for real estate online.

Compare Homes

Online shopping allows people to compare homes side by side from the comfort of their own home. Though nothing replaces an actual property viewing, an online look at a home is a low stress environment that allows buyers to view the home without the pressure of a broker or other shoppers. The Internet also allows buyers to simultaneously look at similar homes in various areas. For example, an internet shopper can search for and compare all of the three bedroom homes with-in a 15 mile radius of his or her work.

Neighborhood

A residential or commercial real estate property is only as good as the neighborhood that surrounds it. The Internet allows a buyer to quickly learn about the neighborhood in which a real estate property is located. For example, a buyer can learn about the crime rate, the quality of area schools and the proximity of local stores and restaurants. Online mapping programs can even allow a remote buyer to view the local area from another location.

Research Values

There is often a vast difference between the asking price of a home and the actual selling price of a comparable home. An online shopper can quickly look up information on past selling prices for similar properties before viewing a home. With a smartphone, a buyer can even look up these prices while at a home or in a real estate broker's office. Having this information on hand at all times can help the buyer to negotiate the best deal possible.

Networking

The Internet allows a person to share information quickly and easily with people that they know. By posting on a social networking site that a person is interesting in buying a house or other real estate property, the buyer will let everyone know that he or she is in the market. This can help the buyer to uncover reel estate that is not yet listed, motivated sellers or for sale by owner properties that are often missed through traditional real estate searches.

Loan Acquisition

One of the most important parts of shopping for real estate is qualifying for a loan. The Internet provides shoppers with access to lenders all across the country that can best meet the buyer's unique needs. For example, a buyer with credit problems can use the Internet to find mortgage lenders willing to work with him or her to qualify for a loan. A buyer with good credit can also use the Internet to find the best deal on a mortgage loan which can result in thousands of dollars of savings over the life of the loan.

Article Source: http://EzineArticles.com/7505358

Testimonial from Realtor Sandi Pressley

My name is Sandi Pressley.  I have been using Homes In Transition since they opened their doors.  They are a great company.  They have helped me sell a number of my vacant listings much faster than they would have sold had they been vacant.  Their staff is very professional and always there when we need them. 

To see my listings and those we have in the HIT program, visit me at SandiPressley.com or call me at 505- 263-2173

6020 Black Ridge Dr NW (Albuquerque, New Mexico)

Attractive Mesa Verde Home in Northwest Albuquerque
Square Feet: 2,375

Attractive Mesa Vista home with outstanding features: Vaulted ceilings, arches and ledges for artifacts & more. Open floor plan includes family room with fireplace, formal dining room and gourmet kitchen with custom cabinetry. Newer features include tinted windows, hot water heater, Evaporative cooler, toilets and paint. House has a Vivint Home Security system. Oversized garage with extra storage space. TV in family room does not convey. 

This is a Caretaker Property. To learn more about becoming a Caretaker, please visit our website caretaker page at:
http://www.homesintransition.com/WEB3.0/pages/caretakers.html

The house is currently on the market, but its seller is looking for Caretakers to stage this home while it is for sale.

Join the Homes In Transition Caretaker Program and live in this beautiful home for only $680 monthly plus utilities!

We typically have between 6 and 11 homes to choose from.

If you are over the age of 25 then we have a great opportunity for you! We are happy to speak with you but please take the time to visit our website where you will learn all of the details about our program. Then feel free to give us a call and we will go over your particular situation. Thanks in advance!

http://www.homesintransition.com

To learn more about this opportunity to live in a home for $680 monthly plus utilities, call the HIT HOTLINE at 505-750-9500!

With the slowing real estate market, many homes are listed for an extended length of time and need someone to live in and care for them. This is a exceptional opportunity to live in and care for this home for a fraction of the cost!

There will be some conditions you will need to follow as this home is listed for sale, hence the drastic discount.

This is not a typical rental arrangement (average 6-7 months). If you have clean living habits, are somewhat flexible, and have nice furniture please visit our website today: http://www.homesintransition.com/

... Our homes go quickly so visit us today!

Risks of Leaving Your Home Vacant

Homes In Transition is a company that places Caretakers in vacant houses.  Having someone living in the home avoids a lot of potential hassle and helps sell the house faster.  Read on for more information about risks you can avoid by using our service.

A typical homeowner's insurance policy ends once the property is vacant for more than 30 days. Most homeowners don't know this. They continue to pay their premium but, if a claim is filed, it may not be paid because vacancy voids the policy.

If you leave a home vacant, you must have vacancy insurance. Premiums for this type of insurance can be more than double regular insurance. Even many landlord policies have vacancy limitations so, no matter what type of property you own, know what your policy terms are.

Insurance companies put a higher risk (and cost) on insuring vacant homes because of the increased risk of theft, vandalism, fire and water damage. These risks and costs may be higher in northern states because of potential damage due to extreme weather (frozen pipes bursting,etc.).

It may be cheaper, and safer, to keep your "for sale" home occupied. Before you or your tenant move out, take a look at your policy and talk with your insurance agent for guidance.

Some suggestions when thinking about vacant property:

• Protect your property. Install and use a monitored home security system.


• Make sure the smoke detectors are functioning.


• If your home has a sprinkler system, monitored central alarm for fire, smoke and theft and deadbolt locks, your home is safer and these features can lower your insurance premiums.


• Make the house look lived-in. Have someone bring in mail. It's always better to stop mail and other deliveries anytime you're away. Ask a neighbor to park their car in your driveway. Install timers on lights and leave window coverings and some furniture in the home.


• If possible, don't move out until you've sold the home. Perhaps someone in the family can stay behind or live there occasionally until the home is sold.


• Rent out the home. Not only will the home be lived in but the rent will help cover your carrying costs. In this case, you will need to change your homeowners insurance policy to a landlord policy but that will be cheaper than vacant home insurance.


• Hire a house-sitter or let someone you trust live there until it's sold.


• No matter what you do, you still have to keep the home maintained by cleaning the yard and gutters, trimming trees, checking for leaks, shoveling the sidewalks and driveway and winterizing as necessary.

Make sure any property you own is protected, and check with your agent to see how long the coverage lasts if no one is living there. The last thing you want is to file a claim and find out you don't have coverage because the vacancy exceeded the maximum number of days allowed by your insurance policy.

What's been your experience with vacant houses?

Article Source: http://EzineArticles.com/7265402

Can I Buy a House If I Have Bad Credit?

Can you buy a house if you have bad credit history? The answer is, yes. It is possible to buy a house or get a home loan despite bad credit. Nevertheless, consumers are strongly advice to work on credit improvement first before taking the next big step.

Purchasing a house is a huge investment so before signing up for mortgage, it is very important to carefully weigh the situation and consider the pros and cons of your decision. It is interesting to note that mortgage lenders offer the best deals to customers with good credit history or excellent credit rating.

On the contrary, consumers with unimpressive credit scores may have limited options when it comes to choosing mortgage loan deals. If you can wait for another year before purchasing a home, then you will be in a much better position to apply for mortgage once your credit score has improved.

How to Buy a Home with Bad Credit

Should you decide that you want to buy a home today, what are the steps that you can do? For instance, you may have been discharged from bankruptcy a few years ago and so far your credit score has significantly improved. If you feel that you are ready to take on a mortgage loan, consider the following tips:

Check your credit report. See to it that your credit report contains no error or inaccurate information which could be pulling down your score. If you have been discharged from bankruptcy 7 years ago, request the credit bureau to delete the record of bankruptcy and any other negative information from your report. If you are on your way to good credit, consider waiting a few more months before applying for a loan.

Evaluate your finances. It is very important to make sure that you will be able to keep up with your monthly loan payments from the start until the end of your loan's term. Is your monthly salary sufficient to cover for your expenses and mortgage loan payments? Are you certain that your employment status is stable at least within the next five years? Keep in mind that if failing to keep up with your mortgage payments would mean losing the home to your lender.

Find the right lender. Finding the right lending company is another challenge. Take note that not all subprime loan offers in the market are legitimate and fair. You may come across predatory lenders who may take advantage of your bad credit score by charging excessive interest rates and unreasonable terms. To find a good lender, you need to spend time doing research and comparison.

Choose a reasonable loan package. How much do you plan to borrow? It is very important to get pre-approved first before searching for houses on sale so you do not waste time considering homes that are out of your budget.

Plan repayment. It is very important to have a definite repayment plan to make sure that you can stay true to your payment obligations. It's a good idea to consult a trusted credit counselor who can help you create a doable repayment plan that fits your situation.

Article Source: http://EzineArticles.com/7423167

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