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How to Sell a House

What Rising Interest Rates Mean for Sellers

What Rising Interest Rates Mean for Sellers

Interest rates have been at historically low levels for the last couple of years as the Federal Reserve has attempted to keep the economy strong amidst the pandemic. Low interest rates correlate to low mortgage rates and can help to make homeownership more affordable and attractive. As a result, over the last two years, Birmingham has seen rising home prices and competitive real estate markets. However, as interest rates begin to rise, this is a trend that will likely change as borrowing and homeownership become more expensive.

Can luxury homeowners benefit from home cash buyer services?

Can luxury homeowners benefit from home cash buyer services?

When it comes to selling a single-family home to a home cash buyer versus traditionally through a recognized licensed realtor, very few visualize it applying to the luxury house category. Frequently active property types transacting for a fast cash exit involve flood or fire damage, which the house owner can’t afford to repair. Alternatively, they don’t have the cash flow necessary to create curb appeal, implement minor renovations, declutter, or stage their homes – crucial realtor requirements when listing on the MLS.

Do I Need a Real Estate Agent to Sell My Birmingham Home?

Do I Need a Real Estate Agent to Sell My Birmingham Home?

The Birmingham real estate market is strong right now. That, combined with the substantial commission that real estate agents charge, has left many Birmingham homeowners wondering whether they need to hire an agent to sell their house. To help answer that question, here’s an overview of what agents do and some tips to help you decide about how to sell your home.

How easy is it to sell a home with tenants in it?

How easy is it to sell a home with tenants in it?

Selling a tenanted property is not a straightforward proposition. First, the situation depends on the circumstances involved, covering a range of possibilities. Even in a hot sellers’ market, single-family (SF) or multifamily (MF) homes can get stuck in a rut if you ignore the real deal drivers. On the other hand, a systematic approach can remove unnecessary obstructions from the selling process and be very rewarding.

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