Are You a Motivated Seller? Are You a Motivated Seller?

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Are You a Motivated Seller?

In today’s real estate market, efficiency in the selling and buying process is expected from home owners and potential home owner. It is even more crucial when one is motivated to sell their home who usually expect a shorter time duration for the home sales process to be completed.

So who are these motivated sellers?

 

1. Homeowners who are under threat of foreclosures

When a homeowner is behind in paying their mortgages, sooner or later, the homeowner will be foreclosed on by a bank. To save their credit rating, the homeowner will try to work out with the mortgage lender on a short sale deal.

This means that the home will be sold and all the proceeds will go to the lender who is willing to accept less money than the amount owed on the home mortgage.

The homeowner will be eager to sell the property to avoid foreclosure.

 

2. Job relocation 

Every year, thousands of employees get transferred to a different part of town or even the country. These homeowners ideally would like to move to the new relocated area before their jobs begin.

The homeowner would not have much time to look for the right buyer as time will not be on their side. Instead, they’ll want to ensure that the sales process is quick and hassle free to facilitate their upcoming move to the new area.

Most of these homeowners realize that it will be much harder to complete the sales process once they’re out of town due to the distance and time from their new relocated area.

 

3. Expecting new family members 

A couple who is expecting a baby can often induce the need to upgrade from their first smaller home to something more suitable. With the days counting down to the delivery date, most families would want their housing situation taken care of so that they can focus on raising the little ones from day one.

 

4. Heir’s Property 

Once a homeowner dies, their asset is passed down to his or her heir through a will. Most of the time, the largest asset of the deceased will be the home.

However, most times, the heir to the property do not plan to stay in the property and may choose to sell it. The heir also knows the costs of holding on to a property without the intention of staying as home ownership carries with it a whole list of costs such as property taxes, insurance, as well as home maintenance to name a few. They will be more driven to sell the property as quickly as possible.

 

Are you a motivated seller or do you know someone that it a motivated seller? We here at Revival Property Group are able to assist homeowners with a wide variety of real estate problems. We pride ourselves on our reputation for working one-on-one with each customer to handle their individual situations. Contact us today!

In today’s real estate market, efficiency in the selling and buying process is expected from home owners and potential home owner. It is even more crucial when one is motivated to sell their home who usually expect a shorter time duration for the home sales process to be completed.

So who are these motivated sellers?

 

1. Homeowners who are under threat of foreclosures

When a homeowner is behind in paying their mortgages, sooner or later, the homeowner will be foreclosed on by a bank. To save their credit rating, the homeowner will try to work out with the mortgage lender on a short sale deal.

This means that the home will be sold and all the proceeds will go to the lender who is willing to accept less money than the amount owed on the home mortgage.

The homeowner will be eager to sell the property to avoid foreclosure.

 

2. Job relocation 

Every year, thousands of employees get transferred to a different part of town or even the country. These homeowners ideally would like to move to the new relocated area before their jobs begin.

The homeowner would not have much time to look for the right buyer as time will not be on their side. Instead, they’ll want to ensure that the sales process is quick and hassle free to facilitate their upcoming move to the new area.

Most of these homeowners realize that it will be much harder to complete the sales process once they’re out of town due to the distance and time from their new relocated area.

 

3. Expecting new family members 

A couple who is expecting a baby can often induce the need to upgrade from their first smaller home to something more suitable. With the days counting down to the delivery date, most families would want their housing situation taken care of so that they can focus on raising the little ones from day one.

 

4. Heir’s Property 

Once a homeowner dies, their asset is passed down to his or her heir through a will. Most of the time, the largest asset of the deceased will be the home.

However, most times, the heir to the property do not plan to stay in the property and may choose to sell it. The heir also knows the costs of holding on to a property without the intention of staying as home ownership carries with it a whole list of costs such as property taxes, insurance, as well as home maintenance to name a few. They will be more driven to sell the property as quickly as possible.

 

Are you a motivated seller or do you know someone that it a motivated seller? We here at Revival Property Group are able to assist homeowners with a wide variety of real estate problems. We pride ourselves on our reputation for working one-on-one with each customer to handle their individual situations. Contact us today!

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