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Pamela Harris

HOW SHOULD I SELL MY HOME IN DUNDALK MARYLAND?

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There are always a few options when it comes to selling your home. You could go with a real estate agent, you could do For Sale By Owner, or you could sell your home to a reliable investment company like VIP Keyz Homebuyers. Unlike real estate agents, we do not charge a commission. Our goal is to help you sell your home as quickly and as hassle-free as possible. Many people also ask us, “can I sell my house as-is?” The answer is yes, you absolutely can! You’ll also save a great deal of time because we buy homes as-is. You won’t have to spend time and money on repairing and replacing parts of your home, even if it is in poor condition. You can even leave the cleanup to us! Get to Know more about our process. 

How Does VIP KEYZ Really Work?

  1. Send an online form or call their toll number on their website. Once done, for 24 hours or less, we will assign a representative to do a house inspection.
  2. The representative will make an offer for your property through a series of property valuation models.
  3. You can then sign the legal paperwork and documents to begin the sales process once you accept the deal.
  4. The seller then schedules a closing date for the signing of sale paperwork —you hand over the keys and the money will be transferred. That’s all there is you have to undergo.

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What are my options if I can’t sell my house in Dundalk?

Here are five other things you can try when you can’t sell your house in Dundalk :

1) Take It Off the Market

You may be trying to sell your home at a bad time, such was when there are a lot of other houses just like yours on the market, during the winter months, or during the holidays.

If this is the case, you might be best served by taking your home off the market for a few months – if you can afford to keep paying the mortgage – and wait until market conditions improve.

2) Take Out a Second Mortgage

If you have built a lot of equity in your home, you may want to take out a home equity loan — if you can afford to pay the higher monthly payment, that is. If not, you may be able to renegotiate a loan modification plan with your lender or convert your adjustable rate mortgage into a fixed-rate mortgage that has a lower interest rate. The loan can be used to fund other things, including real estate investments.

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3) Rent Out Your Home

If you can’t sell your home and don’t want to hold two mortgages (your old home and your new home) one option may be to rent out your home at or near the price of your monthly mortgage payment. That allows you to apply the rent to your mortgage without having to incur any additional expense – other than upkeep, maintenance and repairs.

4) Consider a Short Sale

“I can’t sell my house in Dundalk because I owe too much!” This can happen if you purchased your home within the past few years and currently owe more than the home is worth (called being upside down).

In some instances, you can negotiate with your lender to accept less than what you owe on your mortgage. If it looks like the other option is foreclosure, your lender probably will accept a short sale.

To do this, you’ll need to have a buyer on board who can close quickly. Fortunately, we can! Give us a call today for a no-hassle offer on your house.

Keep in mind, however, that short sales can affect your credit. Redeeming a pre-foreclosure on your credit history might disqualify you from getting another mortgage, at least for a little while.

5) Offer a “Lease to Own” Option

A lease to own option is when you rent your house to somebody with the option to purchase your home at or before the lease expires. This is a good option if you can’t find qualified buyers because you can collect rent plus a lease option fee from a tenant while giving them time to save up for a down payment and establish their credit so they can get a mortgage to buy your home down the line.

You also can add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – you can keep it as income.

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