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4 Reasons Why Spring Is the Best Time to Sell Your Home

4 Reasons Why Spring Is the Best Time to Sell Your Home

One of the stressful aspects of selling your home can be deciding the best time to put it on the market. After all, the last thing you want is to have your home linger on the market as a result of the season you chose. That’s because the longer your home sits on the market, the more difficult it will become to sell, as homebuyers become wary of homes that haven’t garnered much interest from other buyers.

Apart from taking some stress out of the process and helping your house sell faster, choosing the best season to list your home on the market can also maximize the sale price you get from it. That’s why, in this brief article, we’ll be reviewing why spring is the best time to move forward with selling your home. If you’re looking for a way to sell your house for cash in Tampa as soon as possible, get in touch with our team at Ethical Home Buyers.

Related: Why You Need to Sell Your Home Now

Buyers Are More Active In Spring

Homebuyers have a tendency to taper off in the fall and the winter, and not just in the parts of the country that typically have below-freezing temperatures. A combination of kids in school and holiday obligations leads to many houses temporarily coming off the market and buyers pressing pause on checking out new listings. On the other hand, by the time spring rolls around, cabin fever has settled in, and people are chomping at the bit to begin the closing process so they can get in and get settled in their new home before fall.

Buyers Seek to Time Their Move With the School Year

Unless absolutely necessary, no parents are looking to pull their children out of school to move to a new home in the middle of the school year. This is exactly why, since it typically takes a few months to close on a house, most families will start looking in April or May. By buying a house in the early to mid-spring, families can move over the summer and ensure their kids are settled in and ready for the new school year by the start of September.

Related: Is the Fall Season a Good Time to Sell My House Fast?

Buyers May Have Tax Refunds from Late Winter or Early Spring

If buyers filed their taxes on time, then they should have those funds available in either the late winter or early springtime to play with — whether that means using it for a down payment or saving it to make some repairs or renovations to the home that they buy. Either way, it’s much easier for buyers to stay focused on home shopping when there are no big bills hanging over their heads like the rest of the year.

Buyers of a Feather Flock Together

In most markets, spring is the time of year when homes will start to fly off the market and sell for much higher prices than usual—the reason being supply and demand. Since more buyers are trying to snag a home, sellers receive more offers. Because of the heightened amount of competition, these offers roll in faster, and houses end up selling for higher prices. And nothing is better for a seller than multiple offers and a bidding war. More buyers mean more potential offers, and more offers mean more opportunities for a bidding war to break out.

If you’re not interested in putting your house on the market with the assistance of a real estate agent but still want to sell, it’s time to get in touch with a member of our team at Ethical Home Buyers. We buy homes for cash in Tampa, regardless of the condition.

If you’ve been wondering how you can sell your house for cash in Tampa, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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Considering an All-Cash Offer on Your Home? Here’s What You Need to Know.

Considering an All-Cash Offer on Your Home? Here’s What You Need to Know.

There are many reasons why homeowners may elect to sell their home, such as fire damage, falling behind in payments, or a job transfer. For whatever reason, you just know that you need to move, and soon. The only problem is, real estate agents often take months to sell a house on the market, and you know that you don’t want to “dump” your home for a ridiculously low price. You need a way that you can move out quickly and still get a good price for your home.

The solution may be accepting a cash offer from an investor, like Ethical Home Buyers. We buy houses in Tampa, regardless of their price range, area, or condition and are prepared to give you a cash offer in as little as 48 hours. In this brief article, we’ll delve further into everything you need to know about accepting a cash offer on your home over putting your house on the real estate market with the help of an agent.

Related: Reasons Why You Should Sell Your Home to an Investor

A Cash Offer Helps You Avoid Having to Make Extensive Repairs

Are you trying to sell a home in need of extensive repairs, such as water damage, a broken HVAC unit, or a sloping infrastructure? If so, it’s likely that the number one piece of advice you’ve received in regards to selling your home is to make any necessary repairs, whether it’s a new roof or an electrical overhaul. Unfortunately, particularly for homeowners looking to sell their homes as fast as possible, these repairs can be a huge problem. The last thing you need to do when trying to save money is shell out thousands of dollars in the hope of finding an interested buyer. When you accept a cash offer on your home from an investor, on the other hand, you simply sell as-is. No excess money spent on unnecessary repairs or upgrades.

Related: 3 Costly Home Repairs You Don’t Want to Make

A Cash Offer Allows You to Sell Your Home Faster

Whether you’re facing foreclosure, getting ready to relocate for a new job position, or inheriting a home you didn’t want, you’re likely looking to sell your home as fast as possible. Unfortunately, it can take anywhere from 30 to 45 days to finalize a sale when the buyer is getting a mortgage on the house. In the event you have to wait for appraisal, you may even find your closing delayed for as many as 10 business days at the hefty price of $400. All of this, of course, doesn’t even begin to account for if the buyer’s financial situation changes between pre-approval and loan finalization. It’s not unheard of or even uncommon to have what seemed like a great contingent offer completely fall through. But, with a cash offer from Ethical Home Buyers, we may be able to close in as little as 7 days.

A Cash Offer Alleviates the Stress of Selling Your Home

We’re all familiar with the stress involved in the traditional process of selling a home. Think finding an effective agent, dealing with an appraisal and inspection, and keeping your home spotless through the process of showings and open houses. With a cash offer, you can say goodbye to the hours and hours spent trying to take the perfect photos and hide any imperfections for the strangers coming to tour your home. Not only do you not have to deal with the stress and time it takes to put something like an open house together, but you also don’t need to worry about staging whatsoever. Cash buyers aren’t worried about the state of your home since they’re likely going to perform a good deal of work on it anyway.

If more speed, more convenience, less paperwork, and more cash sounds exciting, don’t hesitate to reach out to a member of our team at Ethical Home Buyers. We pay cash for houses in Tampa and can get you an offer on your home in as little as 48 hours, regardless of the condition or area.

For more information on how we buy houses in Tampa, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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Can I Sell My Home in Pre-Foreclosure?

Can I Sell My Home in Pre-Foreclosure?

If you’re a month or so behind on your home’s mortgage payments, you may have received a foreclosure notice in the mail. Once you’re more than 120 days late on payments, your lender has the legal ability to reclaim your home, sell it to recoup their money, and, yes, force you to vacate the premises. If that alone wasn’t enough, a foreclosure also goes on your credit report and can drop your credit score by as much as 300 points, possibly more. There’s no telling how this can impact your ability to obtain a credit card, cell phone plan, auto loan, or another mortgage in the future.

For that reason, it’s easy to understand why foreclosure is the last thing you want to be dealing with. That’s why, in this blog, we’re going to be exploring how to sell your home fast in Tampa with the help of Ethical Home Buyers.

Related: Consequences of Foreclosure

What Is Pre-Foreclosure?

The stage you’re currently in, also known as pre-foreclosure, is the first step in the foreclosure process. At this point, the lender has filed a notice of default on the property because the borrowing owner (you) has exceeded the contractual terms for delinquent payments (typically a few months of delinquency or non-payments). During this stage, federal law protects homeowners from foreclosure so long as they are less than 120 days delinquent in paying their mortgage lender. In other words, this period is your final opportunity to potentially reverse the default status by making up late payments, negotiating a modification, or opting to sell your home before it reaches a final foreclosure eviction.

How Can I Sell My Home in This Stage of Foreclosure?

When you’re facing foreclosure, you have a couple of options for selling your home. First, you can go the traditional route of listing your home for sale and possibly hiring a realtor. While this is certainly considered the best way to get the full market value for your home, it can also take months, even years, to sell a home in this manner. It goes without saying that, in a pre-foreclosure scenario, you don’t have this kind of time. You may only have a few months or even weeks of notice before your house is foreclosed and maybe a year or less of a redemption period, which can make it incredibly difficult to sell your house on the traditional market through a realtor.

Fortunately, there are options for selling your home that are quick, easy, and relatively painless, like getting a cash offer from Ethical Home Buyers — an investment company that purchases single-family and multi-family homes throughout Tampa Bay, regardless of price range or condition. We don’t list your house for a commission or fee. In fact, you don’t pay us anything.

Just tell us about your house and, if it qualifies, we’ll make a reasonable offer within less than 48 hours. In some cases, we close in as little as 7 days and provide you with cash. There is never an obligation to sell if you are not satisfied with our offer. So, if you’re considering selling your home before it gets foreclosed upon, choose Ethical Home Buyers. We can proudly say that we buy homes for cash in Tampa, regardless of their mortgage status.

If you’ve been saying, “How can I get someone to sell your home fast in Tampa?” submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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How to Determine If It’s a Buyer’s or a Seller’s Market

How to Determine If It’s a Buyer’s or a Seller’s Market

If you’ve been toying with the idea of selling your home but aren’t sure if you’re quite ready to take that leap, there’s one major factor that may be able to help you make your decision: the state of the local housing market. Whether or not you’re in a buyer’s market or a seller’s market can play a huge role in the number of offers you get, how much you’re able to sell your home for, and the length of time it takes to sell. Below, we explain the difference between these two markets as well as how you can determine the current housing market conditions in your area.

If you are interested in receiving a fair cash offer for your home in as little as 24 hours, get in touch with Ethical Home Buyers. We buy houses in Tampa and are prepared to make you a no-obligation offer for your home.

Related: With Rents Dropping Across the Country, Now Might Be the Perfect Time to Move

What Is a Buyer’s Market?

A buyer’s market occurs when the supply (available homes for sale) exceeds demand (the number of buyers looking to purchase homes). You’ll see an increased number of homes being listed for sale and properties selling for far below the original listing price as inventory levels rise and the days on market average continue to increase. Buyers are often offered additional incentives, such as a credit for new flooring or appliances.

If you’re trying to buy a new home, a buyer’s market is the ideal time to do so because you may be able to buy a great home for a much lower cost than you would in a seller’s market. If you’re trying to sell your home, your home may remain on the market longer, or you may have to lower your listing price in order to secure a buyer due to a large number of available properties.

What Is a Seller’s Market?

A seller’s market occurs when the demand exceeds supply, or there are more buyers looking to purchase homes than there are available homes on the market. Homes sell faster, buyers must compete with each other in order to score a property, and sellers can afford to raise their asking prices. Due to the shortage of homes available, these conditions often result in bidding wars in which buyers will make competing offers and drive up the price of the home.

If you’re trying to buy a home in the seller’s market, it’s important to act fast and remember that you are the one at a disadvantage rather than the seller. On the other hand, if you’re trying to sell your home in a seller’s market, it’s helpful to know how to increase interest in your property and carefully review the offers you receive. You never want to accept an unrealistic offer, only to be forced to put your home back on the market when the deal falls through.

Related: Why You Need to Sell Your Home Now

Is it a Buyer’s Market or a Seller’s Market?

Before you decide to sell your home, there are ways to determine whether or not the local area is experiencing a buyer’s market or a seller’s market, such as real estate inventory, recent sales, pricing, and time on the market. For example, if there seem to be very few homes being listed on the market, then it’s likely a seller’s market. On the other hand, if you find that homes are generally being sold below the asking price, then all signs may point to a buyer’s market. A similar process goes for the amount of time the house spent on the market and the current asking prices.

If you’ve been wondering, “Who will buy my house in Tampa?” The answer is Ethical Home Buyers. Regardless of the state of the market, the condition of your home, or the area you live in, we can provide you with a fair offer on your home quickly and at a great cash price.

If you’ve been saying, “How can I get someone to buy my home in Tampa?” submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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Why You Need to Sell Your Home Now

Why You Need to Sell Your Home Now

There comes a time when you may feel you need to move. When the market changes in your favor, selling your house can help you bring in the most money and give you a variety of options for where to move. For many people, that time is now. In this brief article, we’ll explore the many reasons why you may need to sell a house fast in Tampa.

Related: With Rents Dropping Across the Country, Now Might Be the Perfect Time to Move

Expect Tons of Inventory

In today’s distressed economy, a good deal of inventory is just sitting around collecting dust. Real estate investment property, after all, is one of the safest investments available, with nearly unlimited potential for appreciation. It is, however, a decidedly “high-risk” investment vehicle, given the current situation. People fear that they may not be able to afford their home over the long-term, need to move for employment in another city, or face foreclosure. The longer you wait to sell your home, the more inventory buyers will have to choose from. This means your house may sit on the market even longer.

Get Ahead of Foreclosure

With job losses and a decline in consumer spending, the real estate market simply can’t take much longer. If you’re in a position where you’re worried about being foreclosed on, you need to act fast. If you want to extract the equity you put into your home before you miss too many payments and the property goes to the bank, the only way to act is to sell a house fast in Tampa. Don’t wait for foreclosure and rental moratoriums to end before you accept that foreclosure might be a reality.

Related: Tips to Sell Your Home in the New Year

Benefit from Low Interest Rates

With over a trillion dollars of real estate being repossessed by banks and other mortgage lenders, more distressed homeowners are being left with no other option but to leave their homes in their current condition. This is bad for the economy, bad for the real estate market, and bad for the homeowners who are left out in the cold without a place to live. However, this is great news for real estate investors and families that want to move, as interest rates are very low. If you want to move, taking advantage of low interest rates resulting from the economic crisis can make a lot of sense. Once the economy rebounds, interest rates for mortgages will increase.

If you think you’re to move on and get an offer today, just grab your phone and talk to our friendly team at Ethical Home Buyers. We buy houses in Tampa, FL, in any condition or price range and will provide you with a prompt cash offer for your home in as little as 24 hours. 

For more information on how we buy houses in Tampa, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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The Safest Way to Sell Your Home During COVID-19

The Safest Way to Sell Your Home During COVID-19

COVID-19 is affecting every part of the construction and housing industries, including how you can sell your home. Social distancing and quarantine orders, for example, make it difficult to hold open house tours and be around other people. Still, it is possible to sell your home safely if you follow this process for you to sell your home fast in Tampa during the COVID-19 pandemic.

Related: What Are My Options for Selling My Home During COVID-19?

Working With a Company

The safest option to sell your home during a pandemic is to work with a company that buys houses for cash. You won’t have to work with a realtor, have people enter your home to view it, or go somewhere with your pets while someone else looks through your home and touches your things. Since you won’t be listing it traditionally on MLS, you won’t need to hire contractors to repair things around your home or have a photography team spend hours in your home capturing the perfect picture. The company will simply look at your home in its current state and make you an offer.

Limited Contact

The COVID-19 virus spreads through person-to-person contact. When selling your home in a pandemic, it’s a good idea to limit your contact with other people as much as possible. Strive for virtual and phone-based contact whenever possible. 

Related: Selling Your Home in the Age of Coronavirus

No Showings or Open Houses

With a showing or open house, you invite strangers into your home. There might be people from different households or families all congregating with your realtor and their realtor in your home unsupervised. By skipping showings and open houses, you limit the amount of access people have to your home. 

Virtual Tours

Virtual showings are among the latest methods that many people are using to advertise and sell their homes during the COVID-19 pandemic. Real estate investors are no longer seeing large crowds at in-person open homes, and, in some cases, they are simply deciding to skip open houses altogether. Instead, savvy investors and brokers are using virtual tours to show potential buyers the house inside and out, as well as giving buyers a sense of the overall layout and feel of the property. While many people are skeptical about the effectiveness of this strategy, it has been proven to actually save people money on the closing costs of selling a house, even when the real estate market is low. 

Have you been thinking, “Where can I sell my home in Tampa? At Ethical Home Buyers, we buy homes for cash! For more information, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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Tips to Sell Your Home in the New Year

Tips to Sell Your Home in the New Year

No one wants to wait months or years with their house listed on the market, waiting for it to sell. Fortunately, there are some strategies that you can use to sell your home faster in the New Year. In this brief editorial, we’ll cover five tricks to sell my house fast in Tampa.

Related: Should I Wait to Sell My House?

Declutter

The first thing you must do is get rid of your old furniture, clutter, and other non-essential items. Get rid of anything that does not enhance the value of your home. Your home should be your castle, so take it easy and make sure it looks the best possible. You want potential buyers to be able to see their own families living in the home. This can be difficult to do when there are a lot of personal items and niche decor in the house.

Stage Your House

Consider having your home staged for showing to prospective buyers. A professional stager will bring in furniture, antiques, collectibles, or any other item that might be a potential selling point for your home. They will use lighting and mirrors to reflect light in an attractive manner to show your furniture and other items. If you have any architectural features or special features in your home, your stager will definitely take advantage of those to sell your house.

Related: The Challenges of Making Your Home “Show Ready”

Find the Right Real Estate Agent

Not all real estate agents are the same. Hire a real estate agent who has a track record of fast sales that shows that they actually know how to sell your house fast. Are they familiar with the neighborhood? Can they walk through your neighborhood and tell you exactly what potential buyers will like? Ask them what their typical timelines look like to have an idea of what to expect.

Accept Cash Buyers

There are companies and buyers available with cash offers for your home. If you need to get out of your house fast to move into a new home or to another state for a job, this can be an excellent way to get the process completed as quickly as possible. You won’t have to worry about the buyer’s mortgage financing falling through and canceling the deal. In many cases, you won’t even need a realtor to help you.

There is a common misconception that buyers only want to move in the summer when kids are already on break. However, this simply isn’t true. Many people wait to start new jobs until the new year, and not everyone has kids in school. By following these real estate tips, you can sell your home faster in the new year.

Have you been thinking, “I need to sell my home fast in Tampa? At Ethical Home Buyers, we buy homes for cash! For more information, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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Reasons Sellers Prefer an All-Cash Buyer

Reasons Sellers Prefer an All-Cash Buyer

An all-cash offer maintains a special honor in real estate transactions, as many sellers prefer to work with cash buyers whenever possible. There’s no financing, no pending deals, or worries about how the buyer will pay for it. In this brief article, we’ll cover a few of the reasons why sellers prefer an all-cash buyer so that you can sell your home fast in Tampa.

Related: How Long Does It Take to Sell Your Home to a Cash Buyer?

No Need for Financing

With an all-cash buyer, the buyer does not need to secure any financing from mortgage lenders because they already have the cash on hand to pay for it. This means that there is no chance that an offer will fall through because the buyer could not secure the funding that they need in the end. This may cost less, as there will not be any closing costs associated with the loans, and could potentially translate to a higher offer from the buyer.

Less Time to Close

Because cash buyers do not need to secure mortgages, this can mean a much faster time from offer to the final closing. In some cases, it could be a matter of days before you close. You won’t have to wait the standard 60 to 90 days to get a closing date or pay for any of the bills associated with homeownership for longer than you have to. This includes insurance, utilities, and your existing mortgage. It’s too easy to overlook these expenses, but the longer it takes to close on the real estate transaction, the more these costs will add up.

Related: Reasons Why You Should Sell Your Home to an Investor

Quicker Transactions

On the day of the closing, the whole process should be quicker, too. There will be fewer forms for the buyer to fill out and sign, so this means a shorter meeting for you. Depending on where the cash offer comes from, some companies that specialize in cash offers might have other ways of speeding up this process, such as having their own notaries and closing professionals on staff. This can make the entire process easier and faster. If you need to sell your house after the death of a loved one or a divorce, the speed can seem even more important, as you will be able to move on sooner.

When it comes to real estate transactions, secure and quick transactions are often more desirable. Do you take the cash offer you have now or spend more money paying for utilities and bills associated with the house waiting for another offer to materialize? For many sellers, going with the first, best offer is most desirable. 

Have you been thinking, “I need to sell my house fast in Tampa? At Ethical Home Buyers, we buy homes for cash! For more information, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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How Long Does It Take to Sell Your Home to a Cash Buyer?

How Long Does It Take to Sell Your Home to a Cash Buyer?

If you are trying to sell your home using conventional real estate strategies, then you should know that selling your home will take time. In fact, some sellers may wait up to three years for the home to sell. This can be very frustrating for you and your family, especially if you are looking to move out of the home as soon as possible.

Accepting a cash buyer can speed up the process, as you won’t have to wait for the buyer to secure traditional financing. This can happen over the course of a few days or weeks. In this brief editorial, learn more about how long it will take to sell my home fast in Tampa.

Where the Offer Comes From

Cash offers come from a variety of places. When a buyer is looking for a house, they often turn to a listing agent to help them find a suitable house. Cash offers also come from banks, mortgage companies, private sellers, and real estate agencies. The amount of time that you can expect to sell your home will vary based on where the offer comes from. If you contact a company that buys homes for cash, this could take much less time than if you waited for a private buyer to come around to make you an offer.

How You Advertise Your Home

How aggressively you advertise your home can have a lot to do with how long it takes to find a cash buyer interested in buying your home. Unless you work directly with a company or bank to buy your home, you will need to list it on real estate listing sites, advertise it on social media, and field any questions that might come from interested buyers. You could also choose to work with a real estate agent to help find buyers.

Time to Legally Close

Once you find an interested buyer and accept an offer, you will still need time to legally close. Since you do not have to wait for the buyer to go through the process of finalizing financing, this may only take a few days or weeks versus months. However, you will still need time to schedule and conduct an inspection, move the funds over, and sign legal paperwork. This can take some time to get together for a legal sale.

Have you been thinking, “I need to sell your home fast in Tampa? At Ethical Home Buyers, we buy homes for cash! For more information, submit our contact request form or give us a call at (813) 458-7355.

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5 Tricks for Selling Your Home Fast

5 Tricks for Selling Your Home Fast

Are you looking for tips and tricks for selling your home fast? When you’re trying to sell your home fast, you need to be able to know what’s important to potential buyers and how to make the best use of that time. In this brief editorial, we’ll cover five tricks to sell your home fast in Tampa.

Clean Your Home Thoroughly

When someone looks to buy a home, the first thing they want to see is the inside of the house, so you need to ensure this is clean and inviting. You’ll have to check your windows and ensure they are clean and well maintained or you might have a very hard time selling your home to traditional buyers.

Take Great Photographs

Another tip for selling your home fast is to make sure you have plenty of photographs to show to prospective buyers when they visit your property to view the place for the potential quick sale. If you don’t, they may find something more viewable online to buy. Photographs of the outside should be taken, too, as this will give potential buyers an idea of how much space there is overall and the condition of the landscaping.

Use Online Listings

Take advantage of the internet. There are many different places to find a buyer for your property. The internet is the number one place to advertise for real estate because there are so many potential buyers out there looking for homes. So, you’re going to have to be willing to put your listing up online for a while to see what will happen. This could even solicit interest from out of state buyers.

Stage Your Home

When you are trying to sell your home, you need to know how to stage your home for sale to help increase its value. The first step in staging your home is to clean and organize the room or areas where you plan to sell the house. This helps prevent unnecessary clutter that might affect the look of your home when it is on the market. By staging your home before you sell it, you can help the potential buyers understand the home better and increase its appeal to them.

Accept a Cash Offer

A cash offer for your home is a cash bid, or “all cash” bid, that means a homebuyer wishes to buy the house without any down payment or any financing. These bids are usually more appealing to home sellers, as they generally mean a faster sale and no fall-through in financing. If you’re going to accept a cash offer, make sure you research all the companies you’ve received an offer from so you can make an informed choice. You need to be able to compare them and decide which one is going to be best for you.

Have you been thinking, “I need to sell your home fast in Tampa? At Ethical Home Buyers, we buy homes for cash! For more information, submit our contact request form or give us a call at (813) 458-7355.

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