Friday, July 29, 2016

Denver Mortgage Working For You?

Owning a home is a great achievement that is worth every effort you put into it. However, since most of us are simply not in a position to pay for a new home in cash, mortgages have become part of our lives. A mortgage allows you to pay for the price of the home over an extended period of time, but this allowance presents a number of challenges you need to be aware of. Visit Quick Note Buyer if you have a mortgage note to sell.

mortgage company

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For instance, a mortgage incurs a huge debt that can be a significant financial burden. On the other hand, though, it gives you the ability to purchase an asset whose value increases over time. This adds to your financial portfolio, gives you tax breaks and takes care of your basic need for shelter. We buy houses in any condition.

When getting a mortgage, ignorance may just be your worst enemy, which is why you need to get as much information as you can about what you’re getting yourself into. The following post discusses some of the mistakes home buyers make when dealing with mortgages:

The 5 Biggest Mortgage Mistakes You Can Make

For most buyers, the mortgage is the largest monthly expense they will have. Yet most borrowers will do little to no preparation, negotiation, or shopping to get the best deal. And they end up paying much more for their loans than they need to. You? You’re smarter than that, or you wouldn’t be reading this article. Here are five of the biggest mistakes that can cost you real money. Read full post at Realty Times…

One of the biggest hurdles you need to jump when you want to purchase a new home is getting approved for a mortgage. You may assume that mortgage approval should not be a problem when mortgage rates are low (as they are now), but that is often not the case. This is because mortgage lenders will typically be working with more customers. As such, it can actually take longer to approve a mortgage.

The following post discusses some ways to ensure your application is actually approved:

Home Mortgage Loan Guide: 10 Easy Tips to Get Approved

The housing market may fluctuate with the economic trends of the day, but one thing that often remains the same no matter what the current conditions bear is the difficulty many consumers will face when applying for a home mortgage.

For some it can be a long and frustrating process that ends in denial of their application for any number of reasons. But those who enter into the mortgage application process having done their homework first can greatly improve their chances for success, and it doesn’t require much more than taking some preliminary steps that will prove beneficial for matters far beyond application on a home mortgage loan. Read full post at Banking Sense…

Mortgage application

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Mortgage requirements apply for everyone, but they are typically designed for employed individuals. With a growing number of Americans being their own bosses, it only makes sense that there are now more self-employed people that would want to buy homes. The mortgage application requirements are the same, making it a challenge for them to meet. The following post offers some tips to meet these requirements:

Self-Employed? 8 Keys to Getting Approved for a Mortgage and Buying a Home

Your office might be a built-in desk in the corner of a spare bedroom, a downtown co-working space — or the front seat of your pickup. The Bureau of Labor Statistics reports there are 15 million self-employed workers in America living the dream, being their own boss. Sure, it can be a struggle, but there is great satisfaction in seeing your very own business grow from a sketch on paper to profitability.

Until you try to get a home loan. Self-employed people have to work harder to score a mortgage. Here’s how to crack the code on getting the credit you deserve. Read full post at Redfin…


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You need to learn all the ins and outs of a mortgage before committing your finances to this type of loan. You do not want to end up in a foreclosure, as this will leave a huge dent in your wallet as well as your credit score. Remember that every mortgage is different, so take your time to choose the lender and mortgage structure that will work for you. If you are facing foreclosure and want to sell, we are buying houses in the Denver market.

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by esther via Mason Buys Houses

Wednesday, July 13, 2016

What’s So Special About Homeowners That Pay Off Their Mortgages Fast?

Most people, if not all, would be ecstatic about paying off their home loans quickly and living debt-free. Unfortunately, a lot of us tend to think of that as nothing but a pipe dream, or something reserved for those who earn more than they need. If you have a second home that you inherited and would rather have the cash, we would like to make you a fair cash offer.

However, this is not the case at all. It’s possible to clear off your mortgage quickly, but you must be willing to sacrifice – delayed gratification anyone?

mortgage math

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Here’s an inspirational story from Canada about a guy who chose to do whatever was needed to live debt-free:

Pay off your mortgage, live debt free: how one guy did it in 3 years

“Ding dong, the mortgage is dead,” a jubilant Sean Cooper announces as he sets fire to his mortgage in front of cheering friends outside a Toronto restaurant.

“I feel like the weight of the world has been lifted off my shoulders,” he declares.

Cooper has just achieved what many Canadians aspire to do: pay off our home and celebrate with a mortgage-burning party. He just did it decades faster than most of us.

In 2012 Cooper bought a house in Toronto for $425,000. He then embarked on a painstaking financial plan — including working three jobs and living like a pauper — to pay off his $255,000 mortgage as soon as possible.

He achieved his goal in just three years and two months — at the age of 30. See full article at CBC…

Living frugally is one of the sacrifices you’ll probably need to make if you are to pay off your mortgage quickly. The good thing is that there is now a lot of helpful information out there about how to be successful at frugal living.

home money

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Unfortunately, most people miss the point entirely when it comes to making the most of their money by being frugal. As Alex from Team EOD argues, you’re not really gaining much from being frugal if you’re not also working toward paying off your mortgage quickly.

Why Being Frugal Is Pointless Unless You Crush Your Mortgage

I’m sure I’m not the only one around here that gets a lot of benefit reading the great tips and insightful behavioral issues that we all have with money here on Enemy Of Debt, however over the course of many years I’ve talked to a number of friends and family in confidence as well as read a lot about how people handle their finances and there is one HUGE pitfall that I’ve noticed almost everyone has.

They all have tunnel vision.

Most people are so busy, so concerned, so consumed with the immediate things in front of their eyes that they completely ignore everything else. For example stop and think about what money related issues you dealt with today. Read full post at Enemy Of Debt…


Image Courtesy of Pixabay

Image Courtesy of Pixabay

On the other hand, depending on what you do, you just may be one of the lucky few that happen upon a windfall and pay off all their debts. It might just happen, especially if you’re a close friend to a famous artist like Ed Sheeran and you get to co-write a hit:

Ed Sheeran Pays Off Woman’s Mortgage So She Never Needs To Worry About Money Again

It isn’t common knowledge, but one of Ed’s most famous songs, “Thinking Out Loud” was co written by a close friend of his called Amy Wadge. He recently told the story of how she came round to his house for a songwriting session whilst being strapped for cash. The end result was one of Ed’s most famous tracks.

Ed, 24, revealed:

“She drove to my house – my album was nearly done – and she asked if I could put a song from when I was 17 on the deluxe album, so she could get a little bit of money and pay the mortgage and bills and stuff. While she was there, we wrote Thinking Out Loud. Now she never has to worry about money again. She was going through financial troubles about a year ago.” Read full post at Aunty Acid…

But even Amy’s ‘windfall’ was really from her work, and keep in mind she was previously facing financial problems too. The message here is that paying off your mortgage quickly is something you can do. Why not start working on it now?

At Mason Buys Houses, we’re rooting for your financial success. However, things may have already gone horribly wrong and you may not have any way to pay off your mortgage. If you’re looking to sell off your house for cash, we can offer you a fair price that will give you the financial boost you need. Contact us for more information.

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The post What’s So Special About Homeowners That Pay Off Their Mortgages Fast? appeared first on Mason Buys Houses.

by esther via Mason Buys Houses

Monday, July 11, 2016

Important Advice For Pricing Your Home When Selling

One of the most vital decisions you’ll make when selling your house is how much to ask for it. First off, you don’t want to set the asking price too high. Sure, there are exceptions to this rule, as the following post clearly reveals:

Kitsilano home sells for $735,000 over asking price, sets new record

Kitsilano real estate records were broken on Tuesday after a home sold for $735,000 over the asking price of $3.5 million.

The house at 3555 West 1st Avenue was built in 1912, is 3,400 square feet and sits on a standard 33 x 120 foot lot without a view. The selling price of $4.23 million is about $1.6 million above the lot’s assessed property value.

A standard lot selling that far over its asking price is a new record for the area, according to Brandan Price, the real estate agent who sold the house.

“For it to go over $4 million is remarkable. I had five offers,” Price tells Vancity Buzz. “These were local buyers just looking to make a shift who wanted to move into this area.” Read full post at VanCity Buzz…

price tag

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By and large, however, over-pricing is a bad idea. It may seem logical to overprice and then go lower later on, but this strategy seldom works. In fact, pricing your home just 10 percent over the market value could cause you to sell for even less than you would have if you priced it realistically.

This is because buyers can usually tell when a house is overpriced, and rather than stick around and negotiate, they go looking elsewhere. What you’re really doing then is discouraging would-be buyers who are qualified and motivated, and you end up with few, if any, serious offers.

On the other hand, you don’t want to set it too low, because although you may draw a lot of attention, you will likely end up selling for less than the market value. It’s important to price your home just right, and this is possible with the right knowledge and if you’re willing to do your homework.

home price

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Here are some very helpful tips to get you started:

7 Awesome Tips To Accurately Price Your Home

There are so many ways that you can get the pricing wrong when you are getting ready to list you home. Here are some tips that will help you to accurately price your home the first time so you can sell quickly. Many sellers have already made up their mind on what they want for their house long before they ever decide to list it because they have checked Zillow, gotten an appraisal, or think they have a handle on the market. The problem is that only a small percentage of those sellers will be able to successfully sell their home at that price. Real estate when priced incorrectly will sit on the market until a price reduction is made however, once a house sits on the market buyers already believe that there is something wrong with it. Read full post at Russian River…

In some cases, however, it becomes necessary to lower your asking price, even when you had set it realistically to begin with. This largely has to do with the prevailing market trends.

real estate

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The following video post reveals the three major indicators that it’s time to lower your asking price:

3 Telltale Signs You Should Lower Your Asking Price

When exactly should you cry “uncle” and lower the list price of your home to attract more buyers? Keep an eye out for these three situations. Watch Video at…

With the above tips, you should be well on your way to selling your home and making the most of it.

However, you may own an Atlanta  house that is run down and unlikely to attract buyers. A lot of buyers simply can’t afford to pay for repairs and other home-selling expenses. If you are in such a dilemma, you still have the option of selling your house to an investor for cash.

A cash sale means you won’t need to worry about repairs, upgrades or even agent fees and commissions. At Mason Buys Houses, we offer homeowners fair rates for their homes – in cash. Contact us today for more information.

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The post Important Advice For Pricing Your Home When Selling appeared first on Mason Buys Houses.

by esther via Mason Buys Houses

Tuesday, July 5, 2016

Important Considerations For Selling Your Home To Investors

When you’re thinking about selling your Miami home, it’s important to weigh all your options about how to go about the sale. One of the important decisions you will need to make is whether to sell to a traditional buyer or an investor.

It goes without saying that both of these options have their advantages and disadvantages. The main advantage of selling to a traditional buyer is that you typically get a better price for your house. However, it will take longer to close the deal and you will need to cover a number of costs.

home for cash

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On the other hand, selling to an investor means it will be a cash sale, you’ll get your money much sooner and you need to worry about fixing up the house or covering closing costs and other expenses. Here is a breakdown of these advantages:

There are plenty of good reasons to sell your home for cash

Q – Dear Real Estate Adviser,
What are the advantages of me selling my house for cash?
— Reggie M.

A – Dear Reggie,
There are many upsides and very few downsides.

Tops in the “pro” column are speed of sale and convenience. Once you accept a cash offer, you can often get your money in days. For folks facing a relocation, foreclosure or bankruptcy, this can be a life saver. Read full answer on…

dollar sign over house outline

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While selling your house to an investor may sound like a great idea, it’s important to note that it’s not for everyone. The better choice between selling to a traditional buyer and selling to an investor is largely based on your individual circumstances. Adam Justiniano discusses what you need to know if you’re thinking about selling your house to an investor:

Should I Sell My House To An Investor?

Should I sell my house to an investor? Often we think of individual buyers or families as the typical buyers for houses. This has changed rapidly over the last few years and investors, or companies that buy houses are now making a large portion of the purchases of single family houses. Knowing if selling to an investor is key to making the right decision, as you shouldn’t always do so. In fact, sometimes selling to an investor may net you less money from the sale, other times it’s the best possible decision to make. Here’s how to tell if selling to an investor is the right decision for your situation. Read full post here…

It’s also worth noting that selling to an investor comes with various risks. One reason for this may be that while real estate agents have to pass an exam and get certified in order to become agents, investors don’t really need any formal training. As such, just about anyone can say he or she is a real estate investor.

There are a lot of scammers today posing as real estate investors in an attempt to enrich themselves through unscrupulous means. It’s important to be on your guard and tread carefully when selling your home for cash.

scam alert

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Here is a very helpful post on how to tell between a scammer and a legit cash buyer:

9 Signs a Cash Homebuyer Is a Scammer

Beware this common real estate scam.

It’s unfortunate but true: Scammers, posing as would-be cash buyers, are out there. And these all-cash home sale scammers are hoping to swindle sellers — and their agents — out of their hard-earned cash.

Even if the details of the scams differ, one fact is common to them all: These cash buyers don’t really want to buy your home… Read full post at…

Depending on your personal situation, selling your home for cash may still be your best option. If you’re looking for a legitimate home investor to buy your house for cash at a fair price, we’re here for you. Contact us today for more information.

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Mason Buys Houses
25 Stone Plaza Dr
Greenville, SC 29609

The post Important Considerations For Selling Your Home To Investors appeared first on Mason Buys Houses.

by esther via Mason Buys Houses