Can I Sell My Home If Financed With Fha Loan The Truth For FSBO Sellers

You are searching about Can I Sell My Home If Financed With Fha Loan, today we will share with you article about Can I Sell My Home If Financed With Fha Loan was compiled and edited by our team from many sources on the internet. Hope this article on the topic Can I Sell My Home If Financed With Fha Loan is useful to you.

The Truth For FSBO Sellers

If you are serious about selling your home, selling it on your own in this market, is not the best way to do it. Here’s the brutal truth as to why:

In a Buyer’s Market, I have been representing many buyers lately. Most are “First Time Home Buyers”, using FHA loans (that’s who’s doing the most lending these days). FHA grants loans up to $280,000.00 – ish (it fluctuates). Anything under that amount is in a hot market right now.

A First Time Home Buyer is new to the housing market, therefore they will 99% of the time use a Realtor. My 1st priority is to protect my client, such as clear title, mold, inspection, proper disclosures, Chinese dry wall, etc… Knowing that and knowing that other Realtors must abide by certain laws and ethics as I do, I am going to only show my clients homes listed by other Realtors (remember…this is truth…others may not actually say this, but they’ll do it).

Another market is the “High End Buyer”. These are professionals who unless they are in Real Estate, are too busy to sweat the details of purchasing a home. They too will go to a reputable agency, and hire us to do the hard stuff.

That’s just some of the basics as to why Realtor’s won’t show your property, and you are limiting your market base. If you want to hear more reasons, please feel free to call me.

Now here is why you might be selling yourself short…

As a Realtor I must keep up with everything that is going on in the market. There are sooooo many options available, for many different situations. For instance do you know all of the options you may have if you’re “flipped” on your mortgage? There are ways to resolve this AND stay in your home (if that’s what you want to do), even if you have been behind on your payments. You can also do a “Short Sale”, which depending on your situation may not always effect your credit negatively. I personally do not list Short Sale properties on my own, I partner with a Realtor in my office that is a Certified Short Sale Specialist. That way my clients always get the proper representation. I handle the maintenance and marketing of the listing (that’s what I’m especially good at). The other reason why I do this, is that I am not a true believer in mitigation firms (we can discuss that at a later time if you would like).

Another reason is the temperamental mortgage market. I can’t even tell you how many deals fall through, due to financing. And many of those buyers were prequalified! Due to the current housing market, Realtors typically ONLY take out buyers that are pre-qualified, WITH a qualified lender. That also saves you time from chasing a buyer’s financing around. I am honestly in this business to help people. I have noticed many “For Sale By Owner” properties either end up in pre-foreclosure OR listed with an Agent. Save yourself the time and aggravation. I would also recommend researching Realtors. You can quickly “Google” their name, and see what sites they use to market themselves and their listings. Also check out their website…if it’s just a “heap” on the web…maybe they’re not E-savvy.

Video about Can I Sell My Home If Financed With Fha Loan

You can see more content about Can I Sell My Home If Financed With Fha Loan on our youtube channel: Click Here

Question about Can I Sell My Home If Financed With Fha Loan

If you have any questions about Can I Sell My Home If Financed With Fha Loan, please let us know, all your questions or suggestions will help us improve in the following articles!

The article Can I Sell My Home If Financed With Fha Loan was compiled by me and my team from many sources. If you find the article Can I Sell My Home If Financed With Fha Loan helpful to you, please support the team Like or Share!

Rate Articles Can I Sell My Home If Financed With Fha Loan

Rate: 4-5 stars
Ratings: 8128
Views: 62567034

Search keywords Can I Sell My Home If Financed With Fha Loan

Can I Sell My Home If Financed With Fha Loan
way Can I Sell My Home If Financed With Fha Loan
tutorial Can I Sell My Home If Financed With Fha Loan
Can I Sell My Home If Financed With Fha Loan free
#Truth #FSBO #Sellers

Source: https://ezinearticles.com/?The-Truth-For-FSBO-Sellers&id=2480008

Related Posts

default-image-feature

Can I Sell My Financed Car With No Down Payment Where to Invest 300 Dollars and How to Double It

You are searching about Can I Sell My Financed Car With No Down Payment, today we will share with you article about Can I Sell My Financed…

default-image-feature

Can I Sell My Financed Car And Keep The Money The Top Ten Reasons to Buy Your Next Used Vehicle From an Independent Dealer

You are searching about Can I Sell My Financed Car And Keep The Money, today we will share with you article about Can I Sell My Financed…

default-image-feature

Can I Sell My Car If Its On Finance Malaysia Singapore Travel – Top Things to Do on Holiday in Singapore

You are searching about Can I Sell My Car If Its On Finance Malaysia, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If Its On Finance Australia The Ancient Secrets of Making Money

You are searching about Can I Sell My Car If Its On Finance Australia, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If It Has Outstanding Finance 2011 Economic Forecast – Part 2: The United States (US)

You are searching about Can I Sell My Car If It Has Outstanding Finance, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If I Have Outstanding Finance 8 Steps to Building Outstanding Work Ethic & Reaping Excellent Results

You are searching about Can I Sell My Car If I Have Outstanding Finance, today we will share with you article about Can I Sell My Car…