Category Archives: Home Mortgage

Want to Sell Home, Fast?

However here we’ll go over a few things you can do to hopefully sell it as quick as possible.
Firstly, try and have your home presentable. The difference just a clean and perhaps paint can make is truly enormous. People do tend to make quick first impressions and as everyone knows, these can be hard to change afterwards, so it’s best to get it right first time.

You don’t need to go overboard or anything, just have it presentable. If the walls are a bit shabby then a few hundred pounds spent on painting them is possibly one of the best investments you’ll ever make. Have the house clean – minimize stuff lying around the place, make sure it’s been hovered recently, and don’t forget those windows – they really only take a few minutes each to clean but the difference they make is massive.

Things like dirty ware in the sink (you’d be surprised how often this happens on viewings) are a massive turn-off.

If you have any outside space, then try to make this look its best as well, whether that’s cutting the grass, sell home quickly or perhaps trimming the hedge or whatever, the time you spend doing this will be time well spent.

Next, decide how you want to go about selling it. Do you want to try selling via an estate agent or would you prefer to avoid the stress and uncertainty involved with that? If selling through an estate agent then see at least 2-3 agents and go with whichever one you feel the most comfortable with. Be wary of agents who over promise, and be especially wary of ones that tell you they think your property is worth a lot more than your common sense would indicate. If every house on your street is the same and there’s a few on the market at £100,000 but your agent is telling you that yours is worth £130,000 even though there is no significant differences between yours and the others, then alarm bells should be ringing.

Also beware of having to enter into very long term agreements with any estate agents – a typical one is 8-12 weeks – be very careful about entering anything longer.

Be conscious of their fees – don’t necessarily go for the lowest, but certainly avoid any that are way above the average.

If you would prefer to avoid estate agents altogether then you could consider selling to an investor. These typically offer less than what you would hopefully get on the open market, but it typically is a guaranteed offer, there should be no fees with any decent investor, and the investor should be able to complete quickly. If you do go down the investor route, then make sure that the offer is final and that it’s not going to change at the last moment, make sure there are no hidden costs, and get an idea of when completion should be. If the investor can’t provide the answers to these questions then move on to the next one.

FNMA Foreclosure Listings is Your Guide to Affordable Housing

Anyone with a clean credit slate and a livelihood can check out FNMA foreclosure listings and become home owners. This American dream is available to everybody through FNMA or Fannie Mae foreclosures but it particularly favors first time buyers who plan to reside in the property.

What is the Federal National Mortgage Association?

The FNMA is a government-backed business entity operating in the secondary mortgage market. The company’s mission is to enable home loan providers more capital to keep offering mortgages to the general public. What Fannie Mae does is to purchase closed mortgages and offer them back through foreclosure homes. Buyers can check with their real estate agent or broker for homes being offered through Fannie Mae loans. They can also consult online FNMA foreclosure listings for leads on cheap homes.

Anyone wanting to purchase Fannie Mae foreclosed properties should first learn how this process works. Fannie Mae only deals with agents or brokers which they certified. If you consult any listing of Fannie Mae homes it will have the contact information of the property manager to deal with. Before making contact be sure you have been pre-approved by any bank or lending company. A pre-approval certification is a requirement when making an offer for Fannie Mae homes. You have to make sure that you plan to make the home your primary residence as Fannie Mae gives priority to owner-occupiers.

There are other government grants and assistance programs you can apply for to further lower down you financial exposure. These grants can be applied to your down payment or your closing costs. Fannie Mae also permits buyers to use donations or a cash gift as down payment for the home. With all these advantages, buyers should not fail to check out FNMA foreclosure listings when considering distressed properties as they are the lowest priced homes you can ever find in the market today.