What I Need to Sell my Home During the Coronavirus

What I Need to Sell My Home During the Coronavirus

What I Need to Sell my Home During the Coronavirus
What I Need to Sell my Home During the Coronavirus

Firstly, every day that passes, people have a need to buy and sell homes.  Especially if they are wondering what if I need to sell my home during the pandemic. It has not stopped during the current pandemic. If you’ve had a major life change recently, you may be in a position where you need to sell your home.  And Fast! While you probably feel like timing with the current pandemic isn’t on your side, that is false. Making a move is still very possible. Rest assured, with our technology at your side and fewer sellers on the market, you can list your house and make it.  Most Importantly make it happen safely and effectively.  Especially when following the current COVID-19 guidelines. Furthermore these were set forth by the National Association of Realtors (NAR) and the Centers for Disease Control and Prevention (CDC).

You may have a new baby, a new employment situation, or you just built a home that’s finally ready to move into.  Maybe even some other major part of your life that has changed in recent weeks. Buyers have those needs too! You can rest assured that someone is likely looking for a home just like yours.

According to the NAR Flash Survey: Economic Pulse taken April 5 – 6, real estate agents indicate, not surprisingly, that there’s a noticeable decline in current homebuyer interest. That said, 10% of agents stating in the same survey that they saw no change or even an increase in buyer activity. So, while buyer interest is low compared to normal spring markets, there are still buyers in the market. Don’t forget, you only need one buyer – the right one for your home.

Here’s the other thing – people are spending a lot of time on the Internet right now. Buyers are actively looking at homes for sale online. Some of them are reaching out to real estate professionals for virtual tours and getting ready to make offers. Homes are being sold in many markets.

There Is Less Competition Right Now , so What I Need to Sell my Home During the Coronavirus

Furthermore, 56% of home sellers are removing their homes from the market. This can definitely work in your favor. Although other sellers are removing their listings, your home has a better chance of being notived.  Keep in mind, listings will pick up again soon. This is because 57% sellers are only planning to delay the process. If you need to sell right now, don’t wait for the competition to get back in!

Delayed listings from the typically busy spring season will push into the summer months, so more competition will be coming to the market as the pandemic passes. Getting ahead of that wave now might be your biggest opportunity.

The McLain Realty Team can Help Selling your home during the Pandemic

Furthermore, our Real estate team is working hard every single day. Under traditional circumstances, utilizing technology to help both buyers and sellers who need to continue with their plans.

  1. We’re using virtual tours to show homes currently on the market
  2. We are holding Online Virtual Open Houses
  3. We constantly stay connected with the buyers and sellers through video chats, leveraging resources to complete transactions electronically.
  4. Most Importantly, we’re making sure the families we support remain safe especially as life is changing so rapidly.

Bottom Line

Finally, homes are still being bought and sold in the midst of this pandemic. If you need to sell your house and would like to know the current status in our local market, let’s work together to create a safe and effective plan that works for you and your family.

 

New Jersey Short Sale Specialists

New Jersey Short Sale Specialists

Firstly, at RE/MAX 365, our New Jersey Short Sale Specialists is the Leading Short Sale Negotiation Company.  We are the Top Short Sale Company on the East Coast.

If you or someone you know needs help, We are here for you.  We are your one-stop shop for the most superior Short Sale Negotiation Services.

In addition, we offer a true, all-inclusive Short Sale Negotiation suite of services.  Also, we represent and help attorneys, homeowners and other real estate professionals.

Equally important we have perfected our negotiation process so thoroughly that we are confident in our ability to get the Short Sale Contract approved and Fast!

Home Owners

Do you owe more than your home is worth and need to sell now?  Well, if you are not sure what to do, we have the answer for New JeNew Jersey Short Sale SpecialistsShort Sale Specialists.

In addition, you have probably heard horror stories about foreclosures, the banks and Short Sales.  It is not all bad and YOU have Options!

In light of, you can ultimately sell your home, avoid bankruptcy and foreclosure.  This will save your credit and you could possibly walk away with no debt or tax consequences.  Furthermore, you can do all of this by means of a short sale.

PROPERTY OWNERS

Are you one of the THOUSANDS of Homeowners who need to sell, but owes more on your home than it is worth? If you are wondering or ever have wondered what your options are in dealing with your lender, we have great news for you.

Through a process called a short sale, we can help you:

  • Avoid foreclosure and bankruptcy
  • Help Save your credit
  • Sell your home for less than what you owe your lender
  • Possibly walk away from with no debt or tax consequences

If you owe more money than your home is worth, and you Must Sell, our Short Sale New Jersey Team can Help you!  We will sell your home quickly, easily and for the most amount of money.  But, most importantly, you will not foreclosure or declare bankruptcy.

Not to mention, you will pay absolutely nothing in agent commissions.  You may also possibly owe nothing to your lender.   Foreclosure and bankruptcy will stain you credit for 7 years. Instead of having to wait 7 years to buy another home, you may be able to buy again within 24 months, even less in some instances.

Unfortunately, most real estate agents, and mortgage brokers are not experienced in short sales.  They do not have the necessary experience to move along the short sale transact with speed and efficiency.   Moreover, short sales are time intensive transactions and require detail-oriented processing in order to get the job done correctly.  If your agent slacks off, drops the ball, makes a mistake in the short sale process, you could very well wind up in a horrible situation with respect to you lender.

Time is of the Essence

Whether you are thinking about selling your home and participating in a short sale, time is of the essence. The sooner you start the process, the more options you will have. Procrastinating is the worst mistake you can make.  Additionally, all it takes is a phone call to get started. Because each situation is unique,  it is best to contact us for a FREE one-on-one consultation in order to understand your options!

Finally, at RE/MAX 365, our team is comprised of expert negotiators, attorneys, and real estate professionals with our goal to educate and assist homeowners.  This way you can make the right selling decision for whatever your personal financial situation may be.  Most believe that short sales are a real estate issue.  This is not true.  Short sales are a mortgage lending issues and we have the experience and knowledge to be successful.

Top 4 Reasons We Buy A Home

The Top Reasons We Buy a Home

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons.

No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.

1. Owning your home offers stability to start and raise a family

From the best neighborhoods to the best school districts, even those without children at the time of purchase may have this in the back of their minds as a major reason for choosing the location of the home that they purchase.

2. There’s no place like home

Owning your own home offers you not only safety and security, but also a comfortable place that allows you to relax after a long day!

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take this all into consideration when buying your dream home!

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Tired of paying an additional pet deposit for your apartment building? Or maybe you want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t in your own home?

Bottom Line

Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.