Real Estate Tips Of The Week
Posted on Sep 15 in Free Educationby adminPrint- When selling an REO property, try to remember that aesthetics are an important part of what buyers are looking for. Try to make sure that your property looks good & looks like some care has been put into it.
- Remember that there is already a presumption that bank owned properties sell way under the market value. So if you’re looking to flip your REO quickly, be sure to price it under the market value.
- Selling a bank owned property should be no more difficult than selling a regular house, if you make sure to follow the simple guidelines of selling a house.
- When hiring a contractor, make sure to check that they have the proper liability insurance before signing a contract with them.
- Ask your contractor for some references, an even for some pictures of their previous look, so you can get a general idea of what their capabilities are.
- If you are still unsure if your contractor is reputable, contact the BBB (better business bureau) or your local city’s license & inspections office to see if they are familiar with your contractor, and how they do business.
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