How to Sell Your House Fast

Why would you want to know how to sell your house fast? The usual reasons for wanting to sell fast are too much Debt putting the ownership of your house at risk.  Divorce is a common reason. A couple wants to settle up, split the proceeds along with the sheets, and move on. Death is another common reason. You inherit a house. You have no intention of renting it out. Maybe you live in another city. You may look at the house and feel is needs too much work to bring it up to today’s buyer’s standards. Then there is Downsizing. You and your spouse want a smaller place, you want to travel, maybe even move to a warm tropical climate. All good reasons.

Recently, I’ve seen another reason to want to sell a house fast. At one time over 30% of the mortgages in this country were underwater, meaning the house was worth less than the amount of money owed. We have seen a continual decrease in the numbers. The average homeowner under water is now below 15%. Maybe it’s time to sell.

Svenja Gudell, Zillow’s chief economist said recently, “Although home value appreciation has been quite good over the past four years, it’s starting to slow down across the board. If homeowners aren’t upside down on their mortgages, it’s a good time to sell because of limited inventory at the lower end of the market

How to sell your house fast?

If you have been holding off waiting for the best time to sell your house, maybe Gudell’s right about the timing. We buy “as is” houses. You don’t need an inspector to go through your house, telling you what items to fix before you can sell. You don’t have to reduce your sale price by the cost of the repairs pointed out by the inspector. There are no realtor commissions of 5 to 6% to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and you lose the buyer.

When we say you can sell your house now, we are usually talking 30 to 45 days, though in some cases we have closed in a week. That means you could be out before winter officially starts, basking in some warm tropical sunshine.

How does it work? We know your neighborhood and the house prices. We do a walk-through of your house, note any deficiencies, and figure out what it will cost to fix those items and what price we could sell the refurbished house. We calculate the profit we need on our investment and offer you a price.  We will explain how we arrived at our offer to you and answer any questions you might have. Then it’s up to you to accept our offer or go the traditional selling route. One call, no obligation.

Isn’t that what you want?

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Sometimes in Life a Little Rain Falls

A Child's Garden of Verses

       Verse 142

Author: Robert Louis Stevenson

Illustrator: Jessie Willcox Smith

Sometimes in life a little rain falls and you experience financial difficulties just like the rainfall we had here in the Los Angeles area in mid-September. With no rain for a couple of months, the road got hazardous with the first drops. A few drops isn’t bad, but we had two inches in places and 2,500 lost power in Montebello.

In life, sometimes a loss of a job, or an adjustable mortgage payment spikes, or medical bills get to be too much, and all of a sudden it gets hard to make payments. If you get to a point where you are skipping the mortgage payments, or you borrowing on one credit card to pay another, or you have to decide between food and some financial emergency, you are experiencing hazardous financial conditions. When you start missing payments on the house, you are running a big risk of losing the house in foreclosure.

Don’t ignore the warning signs. The approaching signs of trouble should spur you into action.

Contact your lender and level with them. They may be stunned by the extent of your problem, but they have seen this before and will demand you take steps to fix it. That may require you selling your toys and making major cuts in your spending.

Do not ignore your mail. Many have been in your shoes. The first thing many did when the mail came was throw the bills in a drawer. Those first envelopes will contain helpful suggestions to get things under control. Then will come legal action. Ignoring these notices can cause you to lose everything.

Know Your Rights - You can participate in pre-foreclosure mediation with your lender to discuss options to avoid foreclosure. Also, once the foreclosure has started, you have the right to cure the mortgage default by paying the past-due amounts, although you must do so within a certain period of time before the sale.

You can fight the foreclosure by challenging the technical rules or you can seek bankruptcy. Credit.com says, “A bankruptcy filed before the foreclosure sale will “stay” or temporarily stop a foreclosure…”

Contact Professionals – Your banker may be able to refinance the loan or your creditors may be able to give you repayment options. Contact a credit counselor. Sure you will feel like a failure or worse, but take responsibility for your actions. Contact a bankruptcy attorney. That sounds contrary to taking responsibility, but you need to know your options so you can make informed decisions.

Contact a professional real estate investor.  You may want to sell your home fast to get out of the problem or to save your credit rating. Red Hill Real Estate Solutions is here to help homeowners out of any kind of distressed situation.  As investors, we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Beware of foreclosure scammers. Do not sign over your deed to them and then rent it back. Real professionals do not charge up-front fees for their services or want you to make mortgage payments to them.

In summary, recognize approaching trouble, don’t procrastinate, do something, and seek professional help.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Inherit a House in Montebello

If you grew up here, there comes a time in many lives when you inherit a house in Montebello. You and your siblings now face some difficult choices. What to do with the house; renovate it, rent it, live in it, or sell it?

Take a deep breath. Nothing has to be done immediately. Ron Calderon Director of Acquisitions at Redhill Real Estate Solutions LLC agrees. “You and siblings will have a lot of different emotions and memories about the home. Think about what the home means to each of you.” Some may want to sell and split the proceeds immediately. Others may think about living in the house again or renting it out. You all may want to know what the house is worth.

Seek the advice of professionals. A real estate agent or real estate investor is a must. The agent or investor can walk through the house, see if work needs to be done to sell it and give you a feel for the neighborhood and the house’s worth.

The real estate investor, Red Hill Real Estate Solutions, can offer cash and close within a week to a month. No fees, upfront costs, commissions will be charged. The house will be sold as-is.

Another professional could be an attorney specializing in taxes and real estate. These professionals will answer any questions you have and will help you make selling decisions.

Clean the house. As you clean, you can divvy up the folks personal belongings and arrange to sell the rest in a garage sale or estate sale. Anything left can be given away to charity. If you plan to sell, the house will present a better face to the public if it is clean and empty or staged.

Decide to sell or rent after the house is clean. Cleaning may reveal structural damage. The family will need to decide to sell as is, or rehab.

People always ask if you have taxes due on the inheritance. If there are taxes due, the estate of the deceased pays the taxes on the difference between cost and market value. Your cost or basis in the property is the market value at the date of death. For example, if your new or stepped up basis is $350,000 and you sell the property for $400,000, you would have a gain of $50,000. Each sibling would pay any taxes due on their share of the gain.

Understand in this process, nothing can tear a family apart more than money. Be wary of arguments about renting vs selling; what price to sell the house; who gets what possessions; what is the proper sharing arrangement; what professionals to use; and how any comingled money is to be invested.

Preserve your capital. Old money has a saying, “Never touch the principal.” They live off the income. Capital can be hard to accumulate. Even if you save 10% of your income each year, it takes considerable determination to save and invest to accumulate a large savings account, especially in this interest rate climate. So treat it kindly. Would your parents, who passed on leaving you their wealth, feel good about the way you spend your inheritance?  Consider hiring a professional investor.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Important Tips on How to Sell your Home Fast and read about Nations Largest Living Generation

Younger adults are selling their homes fast for cash.This year, according to Richard Fry at the Pew Research Center, the “Millennial” generation is projected to surpass the outsized Baby Boom generation as the nations largest living generation, according to the population projections released by the U.S. Census Bureau last month. Millennials (whom we define as between ages 18 to 34 in 2015) are projected to number 75.3 million, surpassing the projected 74.9 million Boomers (ages 51 to 69). The Gen X population (ages 35 to 50 in 2015) is projected to outnumber the Boomers by 2028.Ron Calderon Director of Acquisitions at Redhill Real Estate Solutions LLC "Agrees"

New changes seem afoot:
The LA Times recently wrote, “Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.

Hadley Malcolm at USA Today wrote, “2015 may prove to be the year of homeownership for millions of Millennials. Real estate website Zillow predicts Millennials will overcome Gen X as the largest group of home buyers this year — more than half of 18- to 34-year-olds said they plan to buy a house in the next one to five years.”

This might surprise many, but millennials are good at saving and investing in themselves. Fifty-six percent of 18- to 34-year-olds saved at least 5 percent of their income in 2014, an increase of 6 percent, reports Bloomberg Business. Improving savings rates mean millennials are paying themselves first. It also helps that they’re generally pretty thrifty, preferring to keep their money rather than spend it.

“Millennials tend to plan their purchases and shop for value online,” said David P. Sims, certified public accountant (CPA) and managing member of RidgeHaven Capital LLC. “This may be a result of necessity, as incomes remained stagnant over the past few years, especially for entry-level professionals.”

Melissa Dittmann Tracey, REALTOR® Magazine wrote something surprising. She said, “Millennials may be willing to sacrifice extra square footage in a home and even features like an outdoor kitchens or two-story foyer. But there’s one thing they say they aren’t willing to sacrifice in a new home: A separate laundry room.”

“Fifty-five percent said they wouldn’t buy a new home that didn’t have a separate laundry room. They also ranked storage as important, such as linen closets, a walk-in pantry, and garage storage.”

It could be a very good time to be real estate investors, if millennials are truly coming to market. Just remember in your marketing to stress that your house has a separate laundry room.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation. As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Sell My Home Fast

The reasons to sell my home fast continue to be divorce, bankruptcy, death, and too much debt, leading to foreclosure, and pre-foreclosure.

Suppose you are experiencing some of those stressful reasons. How can you sell my house fast in Montebello?

Normally, you consult others about how to sell your home. They will tell you to:

1. Price it right. Price your house too high, meaning higher than a comparable neighborhood house, and the house will sit. Then you may be forced to lower your price and buyers will wonder what’s wrong. Be careful of Zillow Zestimates, They can be wildly under or over your market value. It’s best to use a realtor for comps.
2. Make their first visit to your home a lasting impression. The lawn should be mowed and edged, dead stuff taken away or raked, plants trimmed, and flowers should bloom in the flower beds. Wash the siding and windows. Doing those things will improve curb appeal.
3. Freshly paint the front door. This is the welcome mat to your home. And while you are at it, make sure the doorbell and porch light work.
4. Make it smell good when they walk in. Walk into your favorite spa and what do you smell when you enter the lobby? You are greeted by a clean, smell that makes you want to linger. Have a friend walk into your home and give it the smell test. There should be no pet or garbage odors.
5. Declutter every room. “Get rid of the family pictures,” says, Staci Byers, home stager. “Get out of your house!” You want them to imagine their belongings, pictures, art, books in “their” new home. Get them to thinking, “This is my house” from the time they walk in the door.
6. Clean out the closets, the medicine cabinet, and the tops of dressers. The buyer doesn’t want to see any of that.
7. Stage your home for sale or hire a home stager. Your home will be clean, sleek, no distractive décor, and your chances will be great for a quick sale. Homes that have been staged sell quicker, and for a higher price.

The tips are time-consuming aren’t they? After doing all that is suggested, there’s no guarantee you won’t be here next winter. Deals can fall through for a number of reasons

There is a better way!

Try calling a real estate investor. It is quick! You can sell my house fast in Montebello normally in 30 days or less. That is much quicker than a traditional sale, even if there are no major items that need to be repaired before closing. In most cases when an investor and a seller can agree on a price immediately, they can close as quickly as one to two weeks.

A real estate investor will buy as-is. Worrying about some repairs that you’ll need to fix based on an appraisal? An investor will estimate the repairs needed to restore your property and will purchase the property in whatever condition the property is currently in. He needs also to take into consideration what today’s buyers want and plan to upgrade your house accordingly.

No Fees! A real estate investor doesn’t charge you a real estate commission that typically runs 5-6% and may take care of any other nagging financial problems such as back taxes, code violations, or past due water and sewer bills.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!