Category Archives: Real Estate

Fast Cash: Sell Your Home for Cash in Hagerstown, Maryland

Do you need to sell your house for cash in Hagerstown, Maryland? Your house is your most valuable asset, but this doesn’t mean this value is tied up and inaccessible to you in the short term. You can sell your house for cash fast with the help of Grays Home Solutions.

Grays Home Solutions is a home buyer in Hagerstown and throughout the tri-state area. We work exclusively in fast home sales for cash, for buyers who need immediate access to the value in their home. If you need to sell your home for cash in Hagerstown or anywhere in the tri-state area, we can help.

Why Should You Sell Your Home with Grays Home Solutions?

Fast

Time is money, and no one knows this better than we do. We complete our home sales fast. How fast? Within 7 days. As a home buyer in Hagerstown and the tri-state area, we take care of home care sales fast so you can get access to the value in your home when you need it, now.

Cash

We pay for all of our homes in cash. No waiting for endless paperwork, no waiting for checks to clear, no deductions from check cashing services, just cash in hand.

No Fees

We don’t charge you any fees. This helps speed up the sale, and is convenient for you.

No Repairs

Does your house need repairs? No matter the extent of the damage, we’ll buy it. As a home buyer in Hagerstown and the tri-state area, we’ll make an offer on your home even if it needs extensive repairs. We take care of all the repairs ourselves after we purchase your home.

You can access the value in your home fast for a quick sale. If you need to sell your home for cash in Hagerstown or the tri-state area, contact us today to get started. By this time next week, your house could be sold, and you could have cash in hand.

Even if you don’t need to sell your home, you may know someone who does. How would you like to get paid to help out a friend? Help your friend sell their home with us and we’ll pay you a referral fee. Everyone wins!

Please don’t hesitate to call us with questions or concerns. Our services are 100% free and we are here to help. Contact Grays Home Solutions, your Hagerstown home buyers, today.

Why You Should Invest in Real Estate

In today’s world, the road to financial freedom is traveled by those who are willing to make investments of time and money, and willing to put in the work necessary to realize the potential of these resources. Real estate is one of the areas where this combination can pay off. And with the state of the real estate market being what it is today, investors are finding that it is easier than ever to get into the market and turn a profit.

Real estate investing is often thought of as a game for large-scale commercial investors, but the truth is that even individuals with a little capital can easily get their foot in the door. After the market crash of the late 2000’s, the number of foreclosed and rundown houses on the market skyrocketed. The market has slowly recovered since then, but has a long way to go to reach pre-crash levels. While it’s on its way back up, investors are getting in at the bottom and riding this wave to its crest. Real estate investors everywhere are buying rundown homes at a low cost, fixing them up, and turning them around to put on the market. Many investors are also choosing to fix up these properties and rent them out as opposed to flipping them. This provides investors with a fixed stream of income once the house has been fixed up.

In Maryland in particular, this investment strategy is gaining popularity and yielding substantial results. In 2011, about 1,000 homes were flipped in Maryland. In 2013, this number jumped to 3,522. As for earning potential, in 2013 the average gross profit for a flipped property in the state was $98,122. Nearby in the D.C. metro area, real estate investors realized an average profit of $112,000 on flipped properties. USA Today ranked Maryland as the 3^rd best state in the country for buying and flipping homes in 2013.

If you’re interested in learning more about this real estate investment strategy, Grays Home Solutions can help. As a home buyer in Maryland and the tri-state area, we offer properties with lots of potential for investors looking to get their start in the real estate market. Contact us today for more information on investing in real estate and getting on the path to financial freedom.

Source

http://www.usatoday.com/story/money/business/2014/02/02/6-best-states-to-flip-a-house/5115321/

How to Sell Your House for Cash in Frederick, Maryland

If you need to sell your house for cash in Frederick, Maryland, you need to ensure you’re working with the right person. There are a several benefits to selling your home for cash, but there are also things you need to watch out for. Unfortunate as it is, unscrupulous home buyers aren’t uncommon in this line of business. We’ve put together a list of things to watch out for when looking for a home buyer in Frederick, and help you sell your house for cash knowing that you’ve picked a reputable service you can work with.

When Selling Your House for Cash

Does the buyer want to see the property?

Any reputable buyer will take a look at the property in order to assess its condition and make you an offer. If a buyer says he doesn’t need to look at your house, this should prompt you to think twice about working with him.

Watch out for check scams

A common scam in this kind of transaction involves a buyer who renders a check for the property, and then says they changed their mind and want a refund after the seller had deposited the check but before it cleared the bank. The seller writes a check and refunds the buyer’s money, only to find that the buyer’s check never cleared the bank, leaving the seller out for the whole amount.

No negotiating?

If the buyer says there’s no need to negotiate, this is another problem. It’s in the best interest of both parties to negotiate, so a lack of interest in negotiations means something is off.

Does payment seem suspicious?

Many buyers who pay in cash have reputable sources for their money, but some use cash from illegal sources such as money laundering. If you feel this may be the case, contact law enforcement. If you don’t, you could be involved in an unwanted legal situation, even losing your home.

As you can see, the saying “let the buyer beware” applies here, but that shouldn’t dissuade you from selling your house for cash. If you’re smart and know what you’re getting into and who you’re working with, you can enjoy the many benefits of selling your house for cash.

Why should you sell your house for cash in Frederick?

Cash

It’s worth repeating: a cash sale means cash in hand. From there, it’s yours to do with it what you want.

Fast

Cash sales are much faster than other methods of selling a house. If you need to sell your house fast to avoid foreclosure, for example, a cash sale may be exactly what you need.

Convenience

A fast sale that ends with cash in hand? What could be more convenient than that?

If you’re interested in selling your house fast and for cash in Frederick, consider Grays Home Solutions. As a home buyer in Frederick and throughout the Tri-State area, we conduct fast home sales and helping out buyers who need to sell their house fast. Contact us today for more information.

Source

http://homeguides.sfgate.com/things-watch-selling-house-cash-7279.html

What are the Benefits of Working with a Real Estate Agent?

The majority of real estate transactions are done with the help of a real estate agent, and many consider their assistance money well spent. Navigating the complex world of real estate can be difficult for both buyers and sellers, and the experience of an agent can really help simplify this process. Though buying or selling without a realtor has the allure of not having to pay commission, many people in the market still choose to work with a realtor for all the benefits that this entails.

What are the Benefits of Working with a Real Estate Agent?

Time Management

You have a job, and so does a real estate agent. If you choose to work without a real estate agent, suddenly you are essentially working two jobs: your job and the job of the agent. This takes up a lot of time, and can be very stressful. Working with an agent allows you to pass off many of the responsibilities of house-hunting or selling to the agent, and overall can make the process a lot less stressful, and leave you with time to do the things you enjoy.

Access to the Market

As an outsider, you only have so much access to the market. You can use public listings and attend open houses on your own, but you’re not exposed to the full range of properties that are available. Agents use the Multiple Listing Service, which gives a complete picture of properties for sale in your area. Agents also have industry contacts and a network which gives them much greater access to the real estate market. If plenty of options is what you’re after, an agent can help.

Market Knowledge

It’s not reasonable to expect someone who’s not involved in the real estate market to know the ins and outs and keep up with local trends in their area. A real estate agents makes it his or her job to do exactly this. Working with someone with this insider knowledge can help you in a number of ways. From knowing the real value of a property to advertising to determining your buying power, buyers and sellers stand to gain a lot from the insider knowledge of an agent.

Experience

In a similar vein, agents have a lot of experience doing what they do, whereas the average person doesn’t. This is especially important during the more difficult or complicated parts of buying/selling such as negotiation. An agent knows how to negotiate and how to get close to the price you’re looking for. Agents also know how to guide you through the complicated and paperwork-filled process of closing.

Customer Service

Due to the nature of their line of work, agents have great people skills, and know how to provide good customer service. Working with an agent who is a good communicator and enjoyable to be around can make the process of buying or selling a home much less stressful.

Grays Home Solutions is not a real estate agency, but we do work with many talented agents in the area. We are very fortunate to have some of the best real estate agents right here in the tri-state area. For more information about local agents or our services, don’t hesitate to contact us today.

Get on the List for Great Real Estate Deals

Anyone who is in the market for real estate wants to find a great deal, but not everyone has the time or resources to do so. If you’re concerned that great deals on real estate in Maryland are passing you by, you don’t have to worry anymore. All you have to do is sign up for our email notification list, which delivers great deals on homes in the Tri-state area right to your inbox.

As a home buyer in Maryland and throughout the Tri-state area, Grays Home Solutions makes it our priority to find great deals on real estate and make them available to you. Just tell us about the kind of home you’re looking for, where you’re looking, and your price range, and we’ll email you as properties that fit your criteria become available. There’s no obligation, and this a great chance to take advantage of a free service that can bring you great deals on homes. Navigate to our email notification list to get started today.

If you’re looking to invest in low-cost properties with lots of earning potential, we can help. Gray’s Home Solutions has properties of all types across the state of Maryland. Contact us for a full list of properties. Even if you’re not looking to buy right now, you can participate in our sellers referral program. Here’s how it works. Send us the phone number and property address for a For Sale By Owner or vacant property. We’ll take a look, and if we buy the property we’ll pay you $250 as a thank you for providing the lead.

Are you interested in learning more about selling your home fast? Our ebook has a ton of great information for you. We also have an ebook with information on how to avoid foreclosure, available for download here. They’re both free, so give them a look. You can also connect with Grays Home Solutions on Facebook, Twitter, Google+, and LinkedIn for more real estate made simple.

How to Sell a Home Fast in Maryland

When you need to sell your home fast in Maryland, you don’t have time to wait for a buyer to show up. Grays Home Solutions is a home buyer in Maryland and the Tri-state area, and we’ll buy your home within 7 days. No matter what situation you’re in, we’ll make you an offer. If you’re facing foreclosure, time is of the essence, which is why you can’t afford to wait for something to happen, or hope that you can negotiate with your lender. Buying homes fast is what we do.

So how do we do it? One reason we’re able to buy homes so fast is our approach to repairs. We take on the burden of any repairs that your home may need, so instead of spending time fixing your home, you can move on to more pressing matters. Also we make you an all cash offer, and you don’t pay any fees, which helps to speed up the process.

To recap, we make an all cash offer, take care of repairs, and buy your home in the Tri-state area all within 7 days. For more information, don’t hesitate to contact us. By this time next week, your home could be sold.

Selling your home doesn’t have to be a difficult process. Gray’s Home Solutions will buy your home quickly. We’re looking for properties of all types across the state of Maryland. Whether you’ve got a townhouse in Frederick, a rowhome in Baltimore, a rancher in Carroll County or a duplex in Rockville, we’d like to make you an offer. It doesn’t matter if your house is in pristine condition or if it has seen better days, we buy it all. Best of all, in addition to our speed, you pay no fees or commissions when we buy your home. Now there’s an offer that you can’t refuse.

Even if you’re not looking for a buyer, you can participate in our sellers referral program. Here’s how it works. Send us the phone number and property address for a For Sale By Owner or vacant property. We’ll take a look, and if we buy the property we’ll pay you $250 as a thank you for providing the lead.

How Can I Sell My House in Frederick, Maryland?

Are you looking to sell your house in Frederick, Maryland? If you need to sell your house fast and don’t have time to waste, Grays Home Solutions can help. As a home buyer in Frederick County, we’ll buy your home fast. How fast? Within 7 days. In addition to our speed, here are a few more reasons to work with Grays Home Solutions to sell your house in Frederick:

All Cash Offer – We’ll make you a free, no obligation, all cash offer on your home.

No Commission – You don’t pay any commission or fees when you work with us.

No Repairs – Don’t pay for repairs, we’ll take care of them.

Speed – We’ve said it before but it’s worth repeating: We buy your home fast!

Ready to sell your house in the Tri-state area? Contact home buyer Grays Solutions today and sell your home in a week!

Shopping for a Home

After you’ve got your finances in order, it’s time to start shopping for a home. There are lots of things you want to consider when shopping for a home including price range, area, size, and specific home features, so lets explore these further.

Price Range

Your price range is dependent on your yearly household salary. In general, you can afford a home that is 2.5 times your yearly salary. Say you and your spouse take in $100k a year, then you could afford a $250k mortgage. There are plenty of online mortgage calculators out there that can give you a good idea of what you can afford.

Area

Now you want to consider where you want to live. Your three options are in an urban, suburban, or rural area, each with their own pros and cons. Urban areas are often closer to employers, entertainment, schools, and shopping, but may be more expensive. Urban areas may also have crime problems and be noisy. Suburban and rural areas aren’t as expensive as living in the city, but the drive to work, school, or shopping centers will probably be longer. These areas are definitely quieter than the city and also most likely don’t have the same level of crime problems.

Home Size

Home size is another factor you want to consider when shopping for a home. One-story or two? How many bedrooms and baths? What kind of square footage should I look for?

Square footage – Homes with high square footage are cheaper per square foot than homes with less square footage, but you should also consider the layout of the home in this equation. Small homes that have an efficient layout may seem larger.
Stories – One story homes are easier to clean and most likely less expensive. However, this means the bedrooms take up more space overall in the home. Two story homes have more living space and provide a nice separation of the bedrooms from the rest of the living space. However they are more difficult to clean and heat/cool as well.
Bedrooms, Bathrooms, etc. – If you have or plan on having a family, you’ll need at least 3 bedrooms if not more. Singles or seniors are generally fine with two bedrooms. Similarly, families will probably want more than one bathroom in order to avoid conflicts in bathroom time when everyone gets ready in the morning. Singles and seniors may be fine with one. Adding a second bathroom is always an option. You’ll also want to consider other features like a garage, which protects your cars from the elements and adds more storage. Finished basements are also a nice option, though you can most likely finish an unfinished basement unless it’s very old.

Source

http://homebuying.about.com/od/buyingahome/a/buyerinfo.htm

The Purchase of a Home: Part One

Buying a home can seem like an overwhelming and complicated process, and the truth is, it can be. Fortunately, if you go about buying a house in a methodical way and plan well, you can make the process a little more easy to manage. Over the next few weeks in our blog posts we’ll talk about the process of buying a home and how to make it work for you.

The First Step in Purchasing a Home

Before you even set foot in a home that’s on the market, you have to get your financials in order. This means credit scores, pre-approval, mortgages, first time buyers programs (if you’re a first timer) and possibly a lawyer. Let’s get into some specifics.

Credit Score – Your credit score measures how reliable you are in terms of paying off your debts on time. This includes things like credit card payments and bills. Your score can range anywhere from 300 (worst) to 850 (best). You build your credit score by paying off bills and payments on time. Having a good credit score is important when buying a home because it can get you a better interest rate on a mortgage. Even a difference of half a percent can save you tons of money over the years you pay.
Pre-approval – Before you start shopping or dealing with a real estate agent, “apply to several lenders within a two week period so that the inquiries do not damage you credit report.” This will tell you how much house you can afford. This benefits you in several ways. First, it keeps your purchase expectations realistic, because you know what you can and can’t afford. Second, if you get pre-approved, you’re much more attractive to sellers, who will recognize that the deal has a better chance to go through if you already have the backing of a lender.
Mortgage – It might seem strange to look for a mortgage before you buy a home, but doing so is another way to keep yourself in a ballpark of homes you can afford. A problem many people encounter when buying a home is that they find a home they love but can’t afford, and are unable to find a mortgage to pay for it.
First Time Buyers Program – Many state and local governments offer first time buyers programs that reduce down payment requirements.

Source

http://www.wikihow.com/Buy-a-House

How To Turn a Fixer Upper into a Great Deal

Many people are quick to judge a house based on its appearance. And while it’s true that many of the homes we offer need some work done, it’s also true that behind a tired exterior, they have a lot of potential. And while others might pass this opportunity by after determining that they’d never live there after a quick glance, those who see this potential see the chance to make huge profits.

Here’s an example that shows the numbers really do add up. We recently had a home with an asking price of $50,000 and in need of repairs, estimated at about $30,000. Fixed up, the house was worth $190,000. We have private money which you can borrow for around 8%, which would allow you to make an interest only payment until the home was repaired and sold. Four months is sufficient for this process. This means you would have a $533 payment for 4 months, which adds up to $2,132. For $2,132, you could have purchased the home, directed subcontractors to do the repair work, resold the home, and made close to $108,000. Making over $100k in 4 months time with 8 months remaining in the year to live off your profits is absolutely a great deal.

Grays Home Solutions has nice homes in move-in condition for sale, and you don’t have to qualify for the loan. Just come up with a small down payment, pay no closing cost, no fees, and the home is yours. The rest is up to you. You can move in to the home, rent to others for positive cash flow, or resell for profit after the market has recovered. We find the deals for you, get you the financing, and you make the money. It really is that simple. You can contact us at any time to discuss a plan that will turn that fixer upper into success and wealth for you.