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Low-ball Offer

Low-ball Offer

“Low-ball offer” can be a divisive term and it’s a common one too. How a “low-ball offer” is considered depends greatly on whether you’re on the selling or buying side, an agent or an owner. While some offers may be made purposefully low with the hope by the buyer’s side of getting a great deal, it’s much more common for the offer amount to simply reflect the value that the property has for a particular buyer. The intended use of the property ranging from a prospective owner & occupant to an investor is going to result in different views of the value. Try not to be offended by “low-ball offers” if on the selling side and don’t be afraid to make them either if you’re on the buying side. While the money and impact of real estate on people’s lives can be great, at the offer stage it’s just business and a considered counter to a low offer is a reasonable expectation for all sides to have.
Are you thinking about selling?  Give us a call or fill out the short form here and get a cash offer within 24 hours!

Tenant Snow Removal

Tenant Snow Removal

While a tenant may be responsible for shoveling as part of your lease or rental agreement with them, it will still be your obligation as owner to make sure that all snow removal is being completed in accordance with the city ordinance. If it isn’t, the city may perform the task and send you the bill! 
 
TIP: Make a similar process a part of your lease agreement! Include specifics on the tenant snow removal is to performed, and stipulate that if those conditions aren’t met that you as owner may do the removal with a charge back to the tenant.
 
Need help with your lease or rental agreement paperwork? EZ Landlord Forms is a helpful resource to check out with some free options.
 

Get a hassle-free, no-obligation, quote on your house within 24 hours.  Give us a call or fill out the short form on our website’s main page here.

Heat in Winter

Heat in Winter

If you own a vacant property, remember to take steps in winter to maintain heat in the house or winterize the house prior to temperatures falling below freezing. If you’re moving out of a house over some period of days or weeks, remember to maintain the heat as you begin to spend less time at the house. Smart thermostats may allow you to monitor the heat remotely until you disconnect wi-fi services to the house. If you’re selling as-is to an investor, ask them if they’re able to check in every 1-2 days during winter while the house is unoccupied to make sure the heat is on. They might also be willing to help winterize the house once you no longer need to use the water, bathroom or furnace. 
Smart Thermostats are getting more popular and affordable. Check out this article on different smart thermostat brands & reviews from cnet.com.

Get a hassle-free, no-obligation, quote on your property within 24 hours. Give us a call or fill out the short form on our website’s main page here.

Money At Closing

Money At Closing

Sellers typically have two choices on how to receive their money at closing: title company check or wire transfer. Even if a buyer is paying cash, the title company performing the closing won’t have a bag of money at the table. A title company check works much like a regular check that you’ll bring to your bank and deposit with the funds usually being available in 2-3 days. A wire transfer typically costs a fee to have sent but has the advantage of delivering the funds into your account for immediate or next day use. If you’re getting a wire transfer, remember to work face to face with your bank and the title company to avoid any frauds or scams that are commonly initiated via scam emails.
Cash For Houses pays for all of the closing costs/fees so you can walk away with more money in your pocket. Call anytime, 24/7 or fill out the short form on our website’s main page here to get a no-obligation hassle-free quote!

Price Reduction Vs. Re-list at a New Price

Price Reduction Vs. Re-list at a New Price

Most data suggests that if a house is not selling it’s because it’s priced too high. Certainly a price decrease usually makes the house affordable to more buyers. Whether you’re buying or selling, be aware that there are several strategies that may be employed when a house price is being decreased. A seller and a seller’s agent may decide to simply reduce the price on the existing listing. This has the benefit of being completely transparent and visible to buyers and buyer’s agents who may be tracking the home as part of their ongoing search. But unless the price drop is very significant (think over $10k), a listing that’s been on the market more than a few weeks may be stigmatized in the minds of some who think there must be something wrong with the house or it would have been sold already.

Canceling the existing listing and relisting the house at the new reduced price is a strategy that some may consider deceptive or misleading. But the reality is that the information on the house being listed previously is out there for those that dig for it, and the benefit of being a new listing at a reduced price is that’ll appear at the top of buyer’s radars who may be looking. That sort of immediate impact is often what it takes to get new attention regarding a new price in today’s work.

Curious what your house might be worth as-is? Give us a call anytime 24/7 or fill out the short form on our website’s main page here.

HELPING YOU THROUGH THIS PANDEMIC

We want to assure you that we take the health and well-being of our community, customers, and associates very seriously. Like you, we're closely monitoring the quickly developing effects of the Coronavirus (COVID-19) pandemic. MN Gov Tim Walz’s Executive Order describes the real estate and construction fields as “critical” or “essential” services. While we take the health and safety of everyone seriously, we are open and available to help you through this challenging time.