3 Things to do with your old vacant house

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There’s a lot of reasons why some old houses are vacant. Some properties were inherited from their parents or relatives and some moved to another location for better mobility and career opportunities. Let’s face it, we do not want these old houses to rot. Also in some areas, these properties are robbed or vandalized because no one is living in them anymore.

Tip #1 – Rent it out

Here are practical solutions for your old vacant houses.

There’s a lot of reasons why some old houses are vacant. Some properties were inherited from their parents or relatives and some moved to another location for better mobility and career opportunities. Let’s face it, we do not want these old houses to rot. Also in some areas, these properties are robbed or vandalized because no one is living in them anymore.

Tip #2 – Have a family relative live on your property

e have family relatives that might be starting with their careers and family that might be interested in taking care of your old vacant house. Instead of relatives paying rent, why not have these families renovate that property and taking care of all the quick fixes for themselves. Be sure that they will be responsible for the property and visit them just to make sure.

Credit: Shutterstock

Tip #3 – Sell it fast with real estate investors

If you need to dispose of or sell your old vacant house, there’s a lot of real estate investors like 8dayhomesale.com who will buy the house. Fast transactions, especially with old vacant houses, are the niche of real estate investors. They take good care of your property and renovate it to find the perfect buyer for your once-old vacant house.

In conclusion, old vacant houses can be made into a perfect home for the right family.

Check out out our other blogs for more real estate tips especially in Washington DC, Maryland and Virginia.

5 Tips on how to sell your house fast

Let’s face it! Selling your house especially if there are events in our lives that we need to act quickly. Relocation is always better if you have sold your house before you moved out and get that needed money for your new home. So what are some hacks on how to sell your house fast?

Some old houses can’t be sold especially to banks because the value of the property is not worth investing in. So what can you do as a seller? Here are some tips from experience in real estate investing for more than 10 years. Investing in Maryland, Virginia, and Washington DC.

Choose the right real estate agent or investor

Real Estate Investor with Home buyer or seller

This one tip is crucial, this will decide on how many days you can sell your property, its either 7days or up to 60 days. Choosing a real estate investor can buy your property at a reasonable price without you renovating your house and can buy it from you with 8 days or less if the documents are already processed. Check out 8dayhomesale.com for more details of a real estate investor in Washington DC, Maryland, and Virginia.

Choosing a real estate agent is also an option but you also have to choose the agent with a lot of experience and business network. They know a lot about the location of your community and how to sell it. But with a catch, they want your property to be attractive enough for an open house to attract buyers to sell it. So it depends on your decision. If your property has recent renovations, you may not need to invest in a major fix.

Clean and Declutter 

It always one of the best tips for every home selling. Well, who wants to buy a dirty rotten house, right? If your house is in the market and buyers will see it, they will negotiate to lower the price for up to 20 to 30% of your asking price. That’s a lot! And you don’t want that. 

So the next weekend, schedule a major cleanup with your family and separate things that can be donated or be sold in a garage sale. Check out Marie Kondo’s tips on how to declutter things and you start right away! We need to sell your house fast, right? You can also hire a professional cleaning service to help you out with the cleaning and save a lot of money and time.

Goodhousekeeping.com has great tips on how and what to declutter. Check it out too!

Paint it white

Painting it white will increase your chances of getting it sold fast. Not red, not pink, and definitely not violet! Study shows that white is one of the best paint to attract buyers. It’s a symbol of purity and cleanliness, and buyers will appreciate a fresh white-painted property. Let the color white do the magic and get offers to your house.

Don’t get too emotional 

Based on our experience, a lot of people are getting emotional in selling their houses. The delay in selling it! A lot of excuses not to sell it. We interviewed a lot of emotional sellers and a major reason is that they grew up on that property and they have their closest friends in their community.

Think about the future, and let go of the past. Say goodbye to the property that you loved dearly. Do not worry because future homeowners will also take care of your home and make memories of it.

Quick Repairs will make magic

This is in relation to the Clean and Declutter tip, its twin brother. Faucets, squeaky doors, shelves, and electrical wirings are some of the things you can fix. Hire a handyman to make an evaluation on what parts of the house are needed for a quick fix. You will be surprised that there’s a lot of it. If your house is recently renovated, it might be few. 

A lot of buyers are always opening lights, faucets, cabinets, and everything they can open. They will open it. Trust me. They will open it. Of course, they want to buy the perfect house for them so they are keen on details in properties.

Take away

If you are really decided to sell it, these tips will take days to do. If you schedule it in your free time, this will be easy for you. Do it on weekends. Hiring some help will also do the trick, of course, you still spend a few hundred dollars for it, but it will be worth it. Maximize the value of your property.

If you want some other 5 minute reads, check out our Real Estate Blogs. It’s easy to read, and you will learn a lot from it. 

If you are from Washington DC, Maryland, or Virginia, we are investing in houses and buyers are satisfied with dealing with our sales managers. Check out our website and call us to give a reasonable cash offer. Sell it for 8 days or less and get your cash fast.

How to buy a house in Washington, Maryland, and Virginia

How to buy a house in Maryland, Virginia and Washington DC

A lot of movers, renters, and buyers of properties are taking considerations moving in Maryland, Virginia and Washington, DC.

But wait a minute, buying a house is not that easy, it’s not just a beautiful interior of the property is the only consideration in getting that dream house. We have listed down, factors to consider in choosing the best home for you because home buyers are very important to us.

Commute to work

If you were relocated to a new location by your employer, you have to consider the time getting to work. Less time to travel means less energy spent and more productivity for you. More time with your family, less stress means a healthier lifestyle.

One tip is to use Google Maps with your prospective property and your new work location. Do not do it on a Saturday with less traffic, do it on a Monday morning and see how long is your work travel. As a result, you will be satisfied with the travel time. You can now add plus points to your property.

Schools and Universities

If you have children, you have to consider what school they will go to, there’s a lot of great schools and universities in DMV (D.C, Maryland and Virginia) so choosing a home means also choosing the school for your kids, too! Check out great!schools.org about the ratings of the private and public schools in your desired property and see what schools to consider.

Check out these top universities in DMV states

Size of the home

It also depends on the perspective of the buyer what size they want in a home, some consider a minimalist or a bigger space. If you want to consider a smaller space, it’s usually near the urban area which is an advantage to those who work in it, less travel time.

But if the buyer is also a work from home employee, or a 2 to 3 times a week go to work employee, they can consider a home which is 1 hour away from their work. The advantage of these properties is that they have bigger floor areas which is best for bigger family. More backyard parties for them too!

Malls and other Commercial areas

A lot of people take considerations properties that are minutes away from groceries, malls and other commercial areas. It also depends on their lifestyles and personalities, right now, you can get your groceries and items to buy in Amazon and Costo thru online shopping.

Great hospitals are also a factor in choosing a property.

So research now and take these factors to consider in getting a property. List those schools, hospitals, commercial areas and be more specific in what you really want. We as real estate investors in 8dayhomesale.com are here to help you out.

A Look at the Increase in Property Values in Washington, D.C.

We buy houses in Virginia, Maryland, and Washington DC

If you’ve ever been to Washington DC, you’ll understand why thousands of people continue to flock there.  It’s a beautiful city, with a rich history and all the amenities residents could wish for. And for the first time in over a decade, property in the nation’s capital is selling as fast as it can be listed.  Property values are on the rise in Washington, D.C., and don’t show any sign of stopping.

High Demand

The reason for the increase in property values is simple: high demand and short supply.  There are more buyers looking for property than homeowners selling. When the demand is high, prices go up.  Even homes valued in the millions are selling quickly, a strong indicator of the desirability of the area. Houses and condos that are listed in the region are off the market in an average of 18 days.  With property selling so fast, buyers need to be ready to make an offer immediately, and many sellers are enjoying bidding wars, which can drive up their selling price significantly.

New Inventory

With so many buyers looking for a place to call home, new construction and development is expected to increase as well.  Developers can sell these new houses and condos at a premium, since many homeowners don’t want to have to deal with renovations and repairs.  Buyers in today’s market want their house to be move in ready, looking like the properties they see on T.V. and in magazines. These conditions in the D.C. real estate market are all coming together to create the perfect scene for increased property values.

Washington, D.C., and its surrounding areas, have long been one of the most stable real estate markets in the country.  The region continues to enjoy an influx of residents, and the rising property values reflect the high demand for housing, with no signs of slowing!

Everything You Need to Know About Homeowners Associations

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If you’re in the market to buy a condo, freestanding home, or townhouse in a shared community, chances are the areas are maintained by a homeowners’ association.  What are homeowners’ associations and how will they affect your life? Here are the things you need to know.

What is a Homeowners’ Association?

A homeowners’ association helps ensure that shared living communities look their best and everything functions smoothly. This could mean maintaining the neighborhood pool, tennis courts, landscaping, security gates, garbage collection, etc. Communities can’t expect individual homeowners to fix the pool pump when it breaks so the homeowner’s association will take care of the problems should they arise.

Who pays for their services?

These repairs and services aren’t free, so the community pulls together to pitch in. Homeowners’ association fees are typically monthly or annually, and the price that you would pay depends on the size of your home in the neighborhood. A family of six in a large home will probably use the shared facilities more than the single person in a small studio apartment, so the rates are adjusted accordingly.

How are they organized and what are the rules?

Homeowners’ associations have a board made up of homeowners in the community. These board members are elected by other homeowners in the community, and they make all decisions related to the community. Most associations typically hold regular meetings to discuss important issues or decisions and all homeowners are welcome to voice their opinions.

Each community will have its own set of rules or “covenants, conditions, and restrictions” that homeowners will sign and agree to once they move in. These rules can stipulate anything from the size of your mailbox, the type of dogs you’re allowed to have, and more. Associations put these rules in place to make sure the community runs smoothly and is consistent.

If you are buying a home in the Washington DC location, Virginia location, Maryland location, or Baltimore location. It is worth researching the rules of any homeowners association for a prospective property.