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Showing posts from August, 2022

Unlocking Swift Solutions: We Buy Houses in Collinsville IL Fast & Easy

 In the bustling real estate market of Collinsville, Illinois, homeowners often find themselves in situations where they need to sell their properties quickly and with minimal hassle. Whether it's due to financial constraints, a sudden relocation, or simply the desire for a speedy transaction, the need for a fast and easy home sale solution is paramount. This is where companies that specialize in buying houses fast and easy step in to offer a lifeline to homeowners in need. Understanding the Need The need for expediency in home sales is a common scenario faced by homeowners across Collinsville IL. Life can throw unexpected curveballs, leaving individuals in situations where they must liquidate their assets swiftly. These circumstances could include job relocations, impending foreclosures, divorce settlements, inheritance properties, or urgent financial requirements. In such scenarios, traditional methods of selling a home through real estate agents may not be feasible due to

How to Avoid Spending Too Much On Your Belleville Home Sale

  Listing your home on the market can be costly, so it is best to understand what you will spend money on in advance as you undertake the traditional selling process. Now, let’s discuss real estate agent commissions first. If you’re like most home sellers, your second thought after deciding to sell was about saving the real estate commissions and listing the property yourself as an FSBO.  However, no matter which method you select to list your property, there are industry standards required by both in today’s technically savvy world of real estate sales. So, read on as we explore how you can avoid spending too much on your Belleville home sale. Sales Method You can avoid spending too much on your Belleville home sale by choosing the correct sales method for your situation, and you can only do this by making an educated decision. By working with a professional home buyer like those at Cardinal Creek Properties, you’ll know all the data you need to make the best c

Costs of Selling Your Belleville House With an Agent vs. to an Investor

  The decision to sell your home is a big one. Now that you’re ready to sell, you must consider the method you select to sell your home. While most homeowners first thought is to call a licensed real estate agent, why not consider the alternative of selling to a professional investor, like those at Cardinal Creek Properties.  Real estate all comes down to the numbers, so it is helpful to understand the differences in the costs between selling your Belleville house with an agent versus to an investor. Agent – Marketing expenses for selling your Belleville house with an agent are part of the listing contract. They outline all of the steps that the agent will take towards selling the home, which can vary significantly by property. Listing costs will include anything you must do to prepare to sell your Belleville house with an agent. These listing costs could consist of simple cleaning so that it is in ready condition for showings, to significant updates to the

Why Real Estate Investors Should Consider Lease Options In Belleville

  Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move; the buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the jump in home prices has made it difficult for many buyers to attain the dream of homeownership. Whatever the reason you’re researching the subject, there are many methods to sell an investment property, and lease options offer benefits for Belleville real estate investors that are worth noting. So read on as we explore why real estate investors should consider lease options in Belleville. Tax Benefits Who doesn’t like to realize savings on their investments? Your tax advisor can clue you in on the tax benefits for real estate investors who offer lease options in Belleville. Eliminate Holding Costs While you won’t realize your enti

How to find good investment property in Belleville

By Mike Lots of investors are looking to get started, and as active real estate experts in Belleville IL, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ”  How to find a good investment property in Belleville IL? ” With the flood of foreclosure deals all but dried up (compared to where they were a few years back)… people are having to get more creative in finding the best deals on great local Belleville investment properties . We source our properties from a variety of marketing routes… online, offline, etc… so there is no one way that is the best way to find good investment properties in Belleville. But the info below walks you through some ways you can put into action to find great properties to add to your investment portfolio. Most investors are afraid of competition – they think that if they share their secrets, someone will steal their ideas from them

5 Signs A Traditional Sale Isn’t Right For You in Belleville

  While the first option to sell your home that comes to mind may be to call a real estate agent and list, very often, homeowners have second thoughts about doing so for various reasons. Listing the property on their own as an FSBO may be the next thought; however, many of the same factors that govern successful listing with a real estate agent apply to listing as an FSBO and fails to solve the significant stumbling blocks. For these sellers, a direct sale to a professional home buyer may be the answer they seek.  But what red flags can clue you in on which method may be best for your circumstances? Read on as we discuss the five signs telling you a traditional sale isn’t suitable for you in Belleville. Your Privacy  If you’d rather not deal with the showings, you aren’t alone, as many sellers dislike the showing process, then a traditional sale isn’t right for you in Belleville. Instead, a direct sale to a local professional home buyer like those at Cardinal Cr

Giving My House Back To The Bank In Belleville

“I’m behind in payments…will I be giving my house back to the bank in Belleville?” Nobody wants to lose their home. But sometimes financial circumstances turn against you and those financial commitments become simply too much to manage. If your situation progresses too far, you may be forced into the unfortunate situation of having to give your house back to the bank in Belleville IL, leaving you temporarily without a place to stay. In addition, there may be long-term consequences, including a dramatic and long-lasting impact to your credit (and your ability to get a house in the future). No one wants that. That’s not an ideal outcome. Fortunately, there is a strategy you can take today to help you proactively protect yourself and get back on track to financial solvency. Here’s a brief overview of the foreclosure process The foreclosure process can vary depending on location and the type of mortgage you have. Usually, if you miss a few mortgage payments, your loan compa

A Buyers Guide To Lease Option Properties in Belleville

  Many buyers want to avoid a permanent living arrangement where they realize they’re unhappy, and lease options are a solution for these buyers. During the contract period, you have a chance to try out the home and ensure that you want to stay in residence for the long term, following through with purchasing the property. For other buyers, lease options allow them the time to save for a downpayment and get their creditworthiness in order while enjoying the perks of homeownership.  A lease option gives you the right to buy a property, but not the obligation, given you live up to your end of the agreement. In addition, the owner agrees that they won’t sell the property to any other interested party during the contract term and won’t pursue you legally if you decide not to buy at the end of the agreement. It’s best to go into such a significant financial transaction with your eyes wide open to the agreement’s limitations. Typically between one to a three-year legal co

How To Sell Your Fire Damaged House In Belleville

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  How To Sell Your Fire Damaged House In Belleville How To Sell Your Fire Damaged House In Belleville According to the National Fire Protection Association, an average of 358,500 homes experience a structural fire each year which causes 6.7 billion dollars in property damage.  If you’re reading this, there’s a good chance one of those 358,500 homes belong to you and you’re wondering, what do I do now? Here is a quick list of some of your options after a house fire and what to do next: Contact your Homeowner’s Insurance Agent It is important to contact your insurance company quickly so they can evaluate the extent of the damage. You are forced to have homeowner’s insurance for reasons just like this.  Each policy is different, so make sure you talk to an insurance agent to maximize your insurance benefits.  Not only will they pay out money for you to make repairs, in some cases they can cover the costs of temporary housing and food whi

How to Find a Good Real Estate Agent in Belleville

  Hiring a real estate agent in Belleville can be frustrating. So what are the steps on how to find a good real estate agent in Belleville ? Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Belleville. However, the agents backed by the most promotion dollars aren’t always the best , and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Belleville. [ NOTE : If you need to sell your Belleville house fast and can’t wait the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ] How To Find A Good Real Estate Agent In Belleville – Get Reviews… Real Reviews Online

4 Deadly Reasons Not To Over Do It On Rehabs

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  Are you interested in rehabbing properties for profit? If so then this blog post will help you know what to do, what not to do, and will give you 4 deadly reasons not to over do it on rehabs (because it will cost you a lot of money and headaches if you do)… There are a lot of rehabbing shows on TV, and they can be pretty entertaining to watch. Unfortunately, too many people see rehabs as an easy and fun way to get rich quick, which rehabs are most definitely not! Yes, it is possible to make good money on rehabs but it’s also possible to overdo it and end up losing money. Here are 4 deadly reasons not to over do it on rehabs. 4 Deadly Reasons Not To Over Do It On Rehabs Reason #1. Your Budget Can Easily Go Out The Window On a rehab, you set a budget of money and time – how much money you want to spend and how much time you plan to spend it in. Unfortunately, it’s very easy for that budget to go out the window and you may end up spending more money and more time than yo

How Do Lease Options Work For Your Belleville House?

  Suppose you own a home and can wait out the term of a lease option to exit the property, typically from one to three years. Or perhaps you have a property you’ve had trouble selling. In that case, a lease option is an excellent sales method that can be pretty lucrative—combining the benefit of a flip by receiving a hefty option fee at the beginning of the contract with the benefit of long-term renters.   Of course, tenant screening should always be top-notch with lease options. First, you’ll want to perform a rigorous review to bring in highly qualified tenants, staying within all local, state, and federal guidelines governing tenants. Then, with the right property and the buyers in place, you could cash in on this advantageous method of selling real estate. So read on as we discuss how lease options work for your Belleville house.  Sales Price Lease options work for your Belleville house because buyers are willing to pay extra to enjoy the benefits of homeown

How Do Lease Options Work For Your Belleville House?

  Suppose you own a home and can wait out the term of a lease option to exit the property, typically from one to three years. Or perhaps you have a property you’ve had trouble selling. In that case, a lease option is an excellent sales method that can be pretty lucrative—combining the benefit of a flip by receiving a hefty option fee at the beginning of the contract with the benefit of long-term renters.   Of course, tenant screening should always be top-notch with lease options. First, you’ll want to perform a rigorous review to bring in highly qualified tenants, staying within all local, state, and federal guidelines governing tenants. Then, with the right property and the buyers in place, you could cash in on this advantageous method of selling real estate. So read on as we discuss how lease options work for your Belleville house.  Sales Price Lease options work for your Belleville house because buyers are willing to pay extra to enjoy the benefits of homeown