Are you trying to sell your Orange County Condo or lower priced home?
Even though many people in this Real Estate market might think that a home that’s priced lower would be easy to sell, that’s not always the case and sometimes lower priced homes, condos or townhomes will stay on the market for a longer period of time because of reasons like lack of marketing exposure or types of loans available for the home.
In this post we’re going to cover the challenges to selling a lower priced Orange County Home and what needs to be done to overcome these challenges.
Choosing The Right Realtor
The first step to selling a lower priced home in Orange County is to choose a Real Estate Agent who has experience in selling homes that are on the lower end of the price scale and don’t cost more than $350,000.
To find the right Realtor you should first check the internet and do a keyword search based on your area; for example: “Orange County Realtor” or “Irvine Realtor”. Another option is to check review sites like Yelp with unbiased reviews from past clients of agents in your area to determine which one is best for you. Once you’ve found several Realtors that you would be interested in calling, take the time to review the homes that they are selling and ask yourself these questions.
- What are their homes priced at? Are they on the lower or higher end of the price scale?
- Does the Realtor have recent feedback from happy clients?
- Has the Realtor joined any community organizations?
- Is the Realtor a local Real Estate Expert who is well-known in the community and has a reputation of trust?
Getting Your Home FHA Approved
In the 2013 Real Estate market, a home will sit on the market longer if it’s not been approved for FHA financing because; more home buyers than ever before are choosing FHA and HUD loans since they are either first time home buyers or they are home buyers who are starting over and repairing their financial lives.
To get you home FHA approved, go through the HUD Review or Direct Endorsed Lender Review Approval Process; both processes take up to eight weeks but they are effective ways to generating more interest in a home and getting it sold quickly.
To learn more tips on selling an Orange County home, condo or town-home on the lower end of the market, or to view the latest Orange County homes for sale, contact Fred Sed & Associates today by calling us at (949) 272-0125.