Mark faced a $7,000 per month problem: a mortgage on his home that he couldn’t sell.
Mark, a professional real estate agent, built the $1.25m property in an exclusive Phoenix, Ariz. neighbourhood, and then let it sit for over one year. Mark reduced his price several times because mortgage payments were reducing his potential profits. There weren’t any buyers.
“If you told me then what I know today, I would have shot you,”Mark joked. What did Mark not know? It would crash the housing market.
Profits in today’s low housing market are unrealistic. Owners who have a sitting property need to sell fast.
Mark, who is familiar with selling homes, turned to Fast Action Homes Sales System to find out how to sell his home. A combination of printed advertisements, signs and a custom-built web site resulted in a weekend-long bidding war.
Mark had spent a year and a quarter on the market before he was able to sell the property within three weeks of using the new system. Mark avoided the holding costs that could have led to financial ruin by selling his property at market value. Figuratively speaking, he lost two fingers to his real estate deal. But he saved his other hand.
People who set a high asking cost in a down market will find that holding costs are draining their savings. The market can’t absorb the volume of homes to be sold. Experts predict that the housing sector will continue to decline. Sellers will go bankrupt waiting for a recovery.
Two other Phoenix residents used Fast Action Homes Sales System the weekend Mark sold his property.
Judy, an interior designer used the Fast Action System for over 100 people to come to her open house. Nine offers were made to her.
John, an appraiser rented his house out to the wrong people. His former tenants caused $30,000 of damage. John took out credit card debt to pay for repairs. To pay his bills, he needed to sell the house. John’s house was sold by several buyers through the Fast Action Home Sales System. John couldn’t profit, but he was able to cover his losses.
Property owners have two choices in today’s market. Property owners have two options. They can either rent their properties out until the market improves or sell their homes immediately.
You can access a quick guide to the Fast Action Home Sales System by visiting either www.RealEstateKit.comCall 1-800-669-1038.