Due to the current down market, more and more people are looking for alternate, non-traditional ways to sell their home. The days of sticking a FSBO (For Sale By Owner) sign in the yard or simply listing it with the realtor that your friend at work used, just isn’t having much effect these days. Depending on your selling situation, selling your home to a professional home buyer can be the right selling decision. As with other home selling options, selling your home to a real estate investor has benefits.
Working with an experienced investor can really simplify and expedite the process. Some of the great benefits of selling your house to a professional property buyer are: you are able to sell your house fast, “as is” on the date or your choice, you do not have to pay large real estate commissions to a Realtor, you do not have to spend your time, energy and money updating and making repairs and you only have to have one showing. There are many other benefits that an honest, experienced and well trained Charleston real estate investor can provide, such as knowing exactly how to handle problem properties or situations where Low Country folks are taking the brunt of the current economy on the chin and are facing many of the more and more common financial problems like foreclosure that need short sales in order to sell their over leveraged home and avoid foreclosure.
I would recommend selling your house to a local real estate investor if you are in any of the following selling situations:
- I am behind on monthly mortgage payments
- I need to sell my home fast
- I am moving out of state or out of my local area and can’t afford two mortgage payments
- I have been transferred by my job
- I am going through a Divorce and need to sell my house
- My home is 100% financed and I do not have enough equity to list my home with a Realtor
- I need to Stop Foreclosure and avoid ruining my credit
- I am currently in Bankruptcy
- Someone in our family has health problems and can not work, therefore we can not pay our bills
- I am tired of being a Landlord and do not want to deal with tenants anymore
- My home needs lots of repairs and I do not have the time or money to fix it up
- My home is in pre-forclosure
- I want to cash out of my investment property
- My home has been on the market with a realtor for many months and my listing agreement is now expired, I want to sell my house fast, now
- We recently inherited a property and want to sell it quickly and want someone familiar with an estate sale and the probate process
- I own my house free and clear and am willing to wait for the market to turn around but would consider taking payments for my equity if I can get my asking price now
As you can see there are many reasons why you should consider selling your home to a local home buyer, and these are not all of them. Simply put, listing your home with a Realtor or trying to sell your home FSBO cost you money and time, it also does not get you offers within just a few hours/days. If you do not have time, do not have money, or simply do not want to deal with the hassles of selling your home, then sell it to a real estate investor. You may be happily surprised by the offer you get.
Before calling some random number on the side of the road off one of those “We Buy Houses” signs, it is important to make sure you know who you are dealing with. Unfortunately, there are a few unethical investors, like in any business, and currently the real estate market is a prime target. Thanks to the Internet it is relatively easy to locate information about a legItimate business. South Carolina business owners are required to register with the South Carolina Secretary of State and you can see if they the business you are calling has bypassed even that basic requirement. The Attorney General’s office handles consumer complaints, as does the Better Business Bureau. Realtors and brokers are licensed through the Real Estate Commission. These agencies can help to ensure you are working with a licensed, legitimate, complaint-free business or real estate investor.
Charleston Home Buyers, LLC is an Accredited Member of the Better Business Bureau, a registered LLC with the South Carolina Secretary of State, and an active member of the Charleston Real Estate Investors Association. “We pride ourselves on our integrity and conduct business under strict ethical principles. We say what we mean and do what we say!” Many references and testimonials are available upon request and some of which are posted on our website. We buy houses in Charleston, Dorchester and Berkeley County and work with a group of nationwide investors. We currently are looking to buy more real estate in Summerville, Goose Creek, North Charleston, Ladson, Hanahan, West Ashley, James Island, Johns Island, Mt. Pleasant, Downtown and all other area in the tri-county area.
If you need to sell your house quick, submit your property information via the “Sell My House” form at our website today for a Free, Confidential, No-obligation offer or call our toll free 24 hour recorded message at 888-52-BUYER (888-522-8937) for more information about selling your home to a professional house buyer. You can also always call us direct 843-72-BUYER (843-722-8937), however it is usually better to take 5 minutes to fill out our property information form first so that we can save you time by having the information already and do some research so that we can get an offer to you right away.
Here’s what some of our sellers have had to say:
“I had been trying unsuccessfully to sell my house for 9 months with a realtor…tired of having the house perfect… we closed the following week” Frank P. – North Charleston
“In less than a week’s time, all of my headaches were over… I would recommend anyone who needs to sell their house to this group of caring people…” Rev L. Greene – Summerville
“My experience with Charleston Home Buyers began and ended with extreme kindness, genuine concern, and sympathetic professionalism…” Brenda M. – West Ashley
“Selling a house can be quite difficult and stressful unless you can find someone like Charleston Home Buyers …… They saved me from losing my house to foreclosure and I was able to make some money and not lose everything.” B. Harvey – West Ashley
“….selling our home to Charleston Home Buyers was the best decision we made. They handled our affairs with the utmost care and efficiency…..” The Daniels Family” – Charleston
Copyright © 2009 Charleston Home Buyers, LLC. All rights reserved.
Questions related to home buyer
How will the home buyer tax credits be applied to me and my fiance?
In February 2010, I will have owned my home for 5 years, making me eligible for the $6,500 tax credit if I purchased another home by April. My fiance has never owned a home, making her eligible for the $8,000 tax credit as a first time home buyer. We're very eager to purchase a home before April. How would the tax credits on a purchase apply to a couple in our situation? Thank you.
It is all crap. They are bribing you to buy a home worth of $100,000 dollars for $600,000 dollars. It is a big gimmick. WAKEUP AMERICA; DONT FELL INTO THSE CRUCKS HANDS.
http://www.federalhousingtaxcredit.com/index.html
this site helps a little, but i think you meant april 8, 2008 right and to claim the date is your closing date not move in or pre-approved loan, at least thats what i am told. now i saw on internet saying obama might have where we dont have to pay back the 7,500 who know i am trying to found out this too. so if your closing date was after april 8 2008 then u quilfy so get that money
Yes it is good towards any home. It is 8K if the house cost 80K or more. You just need to fill out the form 5405 on your 2008 tax return. It is simple easy 1 page form you could do in your sleep, no need to hire anyone to help. If you already filed your 2008 tax return you can just amend it and get the refund right after you close. Go to http://www.irs.gov and look up this form.
Usually one would want to put down 10% of the cost of the loan. Also what does your credit score look like? There are several factors to determine whether you can purchase the home. If your score is above 720, I would suggest going to your bank, they have lower fees for loans. Good luck!
Both the taxpayer and the spouse must qualify as first time home buyers. If for example the spouse really only owned a vacation home not a full time personal residence they will still qualify.
Great ! Very responsive! This will be great to embed in my Blog thanx for being so on top of it!
Unfortunately I don't think it will be retroactive.
See link below.
(I'm still going to be keeping my fingers crossed though, I would have qualified for the $6500)
No. You must use the home as your primary residence for the full 3 years or else pay back the tax credit.
Three years for the tax credit. From when you last owned a home.
Great job Margaret…..thanks for all the content and inspiration…..
No you may not. You own that house with her. Unless you have not owned & lived in that home for 3 years you are not eligible. If it has been rental property & neither one of you lived in it for 3 years you then you would qualify as a first time home buyer. Why would you think a co-borrower would not own the home?
My wife and I are waiting for the tax credit to end before we buy and interest rates to go up.. We would rather pay a high rate for an affordable house ..than pay a artificially low rate for an inflated house price..END Fannie and Freddie..and the FED NOW!! It should not take a BRIBE in the form of tax payers money to buy a house.
The tax credit is a great gift for the real estate industry. It gets people out there to buy and sell, generating commissions. Congratulations, you’re milking billions from taxpayers and pushing people into houses they either a) were going to buy without the credit or b) couldn’t afford. Just disgusting.
This is great I just loaded it to my face book page
I agree.. house prices have dropped, but only a little and only in certain areas.. Consider that we are coming off of the biggest housing bubble the world has ever seen and comparing todays prices to 05 07 prices..well prices in alot of areas are still stupidly high.
If you *don't* get married, and buy the house together, you would have to pick a credit and then split it. If you opt for her to get the $8000, she can apply for all of it. (And runs the risk of paying the entire amount back.) If you opt for the $6500 credit, the details aren't out, but presumably you would claim the entire $6500 and she would claim $0.
while I will agree that prices were inflated between 2005-2007, they have dropped in most areas of the country to 2000 year prices in 2009 and now. This is a perfect time to take advantage of low housing prices, low interest rates plus the tax credit!
No, I assure you this scenario wouldn't even be submitted to the mortgage underwriter. It just doesn't fit.
If anything, it makes it worse because once you say "rent" will be paid and it's a single family home, the purchase becomes an investment property and all the rules change.
Very difficult to come up with scenarios like this to fool the experienced underwriter who's job is on the line. She's going to weed through every crack in the file.
If you have funds you can give a buyer, then the buyer should get an FHA mortgage where gift funds are allowed – depending on who is giving the gift. If the buyer needs more than a seller credit for closing costs and a gift for the down payment, then perhaps it's not the right time for him/her to purchase.
Whatever you do, make it legal so no mortgage fraud is involved.
So, Can this be used towards a down payment to what i’m already putting down.
I can really see that the people posting these comments are fucking sheeple.