|Posted on April 19, 2010 at 9:54 AM|
Foreclosure is an ugly business and sadly due to the economic times, many people are facing its harsh reality.
It is not always about how much you have in the bank that will aid in getting your home ready when staying away from foreclosure. If you know that hard times may be headed your way, communication is key. Contact your lender and open up the dialogue about payment plans or other available options. Carefully explain your situation, making sure you are speaking clearlyand kindly. Most likely, no one willknow except you and your mortgage rep about this conversation, so try not be toself-conscious. Not having the conversation may result in an embarrassing case if you do end up in foreclosure.
Hopefully your options will be workable so you can stay in your home, however, if that is not the case. Selling it may be the best direction. If this is so, you want to sell fast and for a higher profit.
Check your local newspaper and see who the top selling agents are for your area. Arrange to meet them and learn how much they know about your community, the real estate market trends, if your home is comparable to the ones they are selling and other important skills necessary to sell your home quickly. It is important that you have the best agent.
Prior to your home being on the market, there are things that will need to be corrected to ready your home for listing. Hiring a RESA-PRO™ Certified home stager is a sure way that your home will be in the very best condition prior to online photos and open houses. The cost in hiring a stager may seem extravagant considering foreclose is lurking, however, their knowledge can help you focus your energies on areas that are most important. Most homes “as is” take much longer to sell, if at all. Once the home is sold, the small investment for staging will have paid off immensely.
In Metro-Atlanta there is an overflow of homes available, including new homes. Due to the market fluxing, they are more ambitiously priced. Your home needs to show better than theirs. Amy Powers, of Accent Home Staging often says, “Don’t sell the competition, be thecompetition©.” Meaning, do not let your homes condition be the reason they buy someone elses. Romancing the buyer is essential in getting the home sold, especially in a down economy.
Bottomline, your home is a marketable item that needs to be market ready when foreclusure is on the horizon. Price, how many people see it and how it looks when they see it are important variables. Eliminate as many obstacles before they enter the front door. In return, they will fall in love with your property from the portico to the patio. Contact a professional, proven experienced home stager today.
Atlanta Professional Home Staging
Accent Home Staging of Atlanta