Are you a tired landlord looking to offload your rental property and simplify your life? Selling your rental property to an investor might be the solution you've been seeking. The Trusted Home Buyer, specializes in helping landlords transition out of the rental market with ease. In this blog post, we will explore the benefits of working with real estate investors like The Trusted Home Buyer and the various options we provide for selling your rental property without the traditional burdens of listing and marketing.
Owning rental properties can be a lucrative venture, but it also comes with its set of challenges. Managing tenants, dealing with repairs, and handling the administrative aspects of rental property ownership can be time-consuming and stressful. Moreover, changes in personal circumstances or shifting investment priorities may prompt landlords to seek a way out of the rental business. In such cases, real estate investors like The Trusted Home Buyer offer a viable exit strategy.
Real estate investors understand the urgency of selling and can expedite the transaction. Unlike the conventional real estate market, where listings can languish for months, investors can make an offer within 24 hours and close the deal in as little as seven days. This swift process can be beneficial for landlords who need to sell quickly due to financial constraints, life changes, or other pressing reasons.
One of the most attractive aspects of working with real estate investors is the ability to sell the property in its current condition. Investors like The Trusted Home Buyer buy properties as-is, sparing landlords from the need to undertake costly repairs or renovations. This not only saves time and money but also eliminates the stress of preparing the property for the market.
Real estate investors typically have the financial means to make cash offers, ensuring a secure and reliable transaction. Unlike traditional buyers who might be dependent on mortgage approvals or financing, investors have readily available funds, minimizing the risk of deals falling through.
The most straightforward option for landlords is a direct sale to a real estate investor like The Trusted Home Buyer. After evaluating the property's condition and market value, the investor will present a fair cash offer. If you accept the offer, the investor will handle all necessary paperwork and closing details, facilitating a hassle-free process.
For landlords open to a more flexible arrangement, real estate investors might offer a lease purchase agreement. In this scenario, the investor becomes the tenant-buyer, taking responsibility for property maintenance and expenses while providing you with rental income until the agreed-upon purchase date.
When considering selling your rental property, partnering with real estate investors can be a prudent choice. Their efficient and transparent process, willingness to buy properties as-is, and ability to make cash offers provide landlords with viable options to transition out of the rental market smoothly. If you're ready to simplify your life and divest yourself of your rental property, exploring the benefits of working with real estate investors is a crucial step toward your next investment venture.
Real estate has been, for so long, providing a primary means of survival to humans. Being a primary sector, the demand for workers is constant. As a result, the real estate industry keeps growing, and many people want a piece of it. For instance, you can easily land real estate jobs on reputable aggregators like Jooble. However, despite its attractiveness, many people need to learn the full advantages the industry offers.
As such, we have collaborated with real estate experts from the international job posting platform Jooble to discuss the advantages of working in the real estate industry.
When people talk about real estate, they think about being a real estate agent. Unknowingly to them, there are more jobs in the sector than being an agent. For instance, you can be an appraiser or surveyor. You can also be a developer or zoning manager.
No matter the career you choose in the field, it has many perks. Real estate is an appealing sector from the great pay, flexible schedule, and numerous opportunities for newcomers.
The real estate industry is a cash cow allowing everyone to earn their full potential. Most jobs in the real estate industry pay above $100,000. On the other hand, almost every position in the industry pays at least $50,000, and a real estate broker can earn up to $200,000 annually. This means that most people working in the real estate industry earns more than the average salary considered to be good in the US, which is $54,000.
The most popular job in real estate is being a real estate agent, and they earn between $53,000 to $98,000. The considerable pay in real estate makes the sector attractive, as income is the primary reason many people work.
Another great thing about the real estate sector is that there is no glass ceiling to stop you, and neither is there a sky to be your limit. The field of real estate market allows you to be your own boss, making it possible to grow and develop yourself.
Also, real estate is a market that exists for life. Whether there is a hike or a depreciation in the prices of properties, the real estate market is still available. This means that real estate is a sector that can never be outdated, and therefore, you do not need to put a cap on your success.
For instance, pouring your all into a market that may not exist in a few years can be risky, making business owners have divided their attention on growing the business. However, this cannot happen in real estate as it is a sector that has always been and can accommodate any growth you bring into it.
As mentioned above, you can be your own boss in the Real estate market. And one of the advantages of being the boss is that you own yourself and your time. Most real estate jobs only require you to be in an office for part of the day (often even less).
For instance, a real estate agent has an opportunity to do other things and only attend to clients when they need to check properties, pay, or do any other necessary work. This goes for many jobs in the field, like being a broker, real estate lawyer, property developer, and property appraiser, among others. Time flexibility at work is a great way to get an optimal work-life balance.
Working in the real estate industry means you deal with properties. Who else deals with properties? Everyone ─ the buyers, the brokers, the investors, the renters, and the leasers. These sets of people can include anyone from all walks of life.
This means working in real estate can give you access to the high and mighty. It can connect you with people who you may not be able to see ordinarily. This also means you can build strong connections that you can use for other purposes from working in the real estate industry.
One significant thing many people seek from their jobs these days is being able to work remotely. Remote work provides an excellent work-life balance, reduces stress, and helps people choose the ideal space for them to work. However, not many jobs can offer workers the option of working remotely.
Presently, just 26% of the American working population can work remotely. Remote works are majorly common in content creation, mathematics and analytics, and customer relations. However, the good news is that real estate can allow you to work remotely.
Many jobs in the industry afford people the opportunity to work from wherever they want. The fact that someone who works in the real estate industry can take their job wherever they want is a fresh breath that makes many people consider the industry.
With the high level of uncertainty in other industries, dabbing into real estate scares most people. Also, the limited property option and price inflation affect many people buying or investing in a property.
However, housing is a basic human necessity, so people do not have a choice but to find a way around it. This problem, however, can be solved with the right professionals on board.
Working in the real estate industry allows you to help people. While many jobs are created to solve one human need or another, real estate goes more profound as it solves a basic need, and its effect is immediate and direct.
Real estate is for you if you enjoy the diversity and intriguing work. While you can specialize in real estate, choosing to work in commercial or residential property, the result tends to differ each time. Between traveling to meet a client one day, scheduling an inspection tour another day, and finding properties the next day, there is barely room for boredom.
The good news is that you can get into real estate even if you are not the academic type. Most jobs in the industry only require you to have a high school diploma to get started. So while you may consider getting a degree to boost your range, the license is all you need to get started in most real estate jobs. However, jobs like being a real estate lawyer require a degree.
Most jobs require that you retire at a certain age. Retirement is mandated in some sectors as it is believed that older people are frailer and less productive. However, you do not need to have such worries in the real estate industry.
Most real estate jobs do not require heavy lifting, and you can use your years of experience instead. Also, most real estate jobs are entrepreneurial. You can choose when to quit or never quit as a business owner.
The industry that deals with the earth’s most abundant resource, land, cannot be faulted for growing at an unstoppable rate. After all, it deals with a resource that is available and necessary. Also, with a lot to offer young and ambitious beginners, the real estate industry demands the right amount of self-motivation, hard work, and social skills.
Inventory of resale homes is low, and the rising interest rates are making it harder for buyers to leap into home ownership, potentially causing a surge of failures comparable to 2008. We are now seeing a rise in mortgage lenders' bankruptcies, which is troubling news for an already uncertain market.
Now there is an uptake in NQM loan programs that use non-traditional income verification, which includes self-employment, among other non-traditional income situations, that real-estate experts are beginning to question. Moreover, many of these NQM lenders are now filing bankruptcy and shutting down, further alarming home sellers.
Perhaps not. However, non-bank lender failures might still significantly impact home buying as many potential buyers will be left out of the market since they will struggle for approval. This means fewer buyers for the many houses already waiting to be purchased.
We should note that NQMs only made up about 4% of the market, but this has doubled since 2020. The growing popularity of NQM financing can be attributed to the government's tighter lending rules which have left out significant potential buyers. While the popularity of NGM has increased, the Federal Reserve is moving to raise interest rates.
With big changes and values dropping, NQMs do not have the same access to emergency financing or other assets they can tap into as a bank lender can. Banks also have access to safer loans due to their strict income qualification practices. They also don't feature interest-only payments.
We should also note that if you have a mortgage through a lender that is going bankrupt, your mortgage still has to be paid. The FDIC will often pick up the orphaned mortgages. While many factors can affect the market, interest rates carry immense significance. With a focus on raising rates to compensate for inflation, it makes sense to conclude that lending and house markets will continue to feel these effects.
Higher mortgage rates will dictate how much buyers can afford and affect sellers who will eventually become buyers. These, coupled with the non-bank lender problems and stringent rules for bank lenders, create caution for all sides.
Buyers will need to ensure their credit is in order, and they might need to consider other tactics, such as higher offers to get into a home. However, many cannot afford higher prices due to higher lending interest rates. This can cause a problem for sellers, who will now be more motivated with cash offers to erase rising interest rates from the picture.
We will also start to see a rise in cash offers from real estate investors to ease the changing lending restrictions. Cash buyers like The Trusted Home Buyer offer competitive offers, quick closings, painless transactions, and quick closing dates. This will help deter the painful process of finding buyers in a highly unpredictable housing market.
If you need to sell your home fast in Arizona, The Trusted Home Buyer can help. We are here through the market uncertainty and offer a fast, fuss-free process.
Last weekend our CEO participated in the annual "Hotshots 19" charity and memorial event to honor the 19 members of the Granite Mountain Hotshots firefighting team who lost their lives in the Yarnell Arizona fires.
As part of the local CrossFit community, Martin and his family supported this event through donations and participating in their annual workout to honor those fallen heroes.
Every year, Martin and his family attend this event and other local events to raise money for our communities and their families.
This charity event took place on Saturday August 27th at Captain CrossFit in Prescott, AZ.
The WOD included:
The WOD is 6 Rounds for time (45 minute time cap) of 30 air squats, 19 Cleans with 135 Lbs, 7 strict pull ups, and a 400m run. And there are options for people to "scale" which means to modify to lesser weight or volume as needed so that anyone who wants to participate can do so.
If you or a family member have a cluttered house, you might find yourself questioning whether or not it is hoarding vs. clutter. Is there a difference between the two? And how can you fix the situation? First things first, understanding if you are, in fact, dealing with hoarding will help you develop an action plan to address the clutter.
Hoarding is considered a compulsive disorder characterized by the inability to discard or part with possessions due to an inherent need to save them. While we all have sentimental items we don't want to part with, hoarding takes this further. It can directly affect the quality of life by creating difficulty navigating into rooms, uninhabitable living conditions, and dangerous stacking that could hurt the person living within the home.
While hoarding can sometimes include rooms filled floor to ceiling with items, clutter is more so accumulated items that don't have a place, full shelves, or a generally messy space. Clutter is simply messy or disorganized spaces. It is still liveable, just not tidy. Clutter might take days to weeks to clear out, and hoarding could take weeks to months.
There are several different types of hoarding, though most people assume hoarding falls under one category.
As the name implies, shopper hoarding is when chronic shoppers hold onto every item they buy whether or not they have a use for them. They may purchase several items during sales, the shopping network, or even hoard common household items like vacuums and soaps.
Paper hoarding is when all paper items are saved from bills, letters, invoices, and magazines to unusable, stained papers.
Food hoarding is where a person might have a full pantry and fridge, yet they still continue to buy more food. They might struggle to let go of rotten food and will continue to stockpile food even if they have more than enough.
When someone has trouble discarding garbage or waste, they may be trash hoarders. With trash hoarding, there might be piles of their personal trash. However, they might also take trash from other homes and businesses as well. Some trash might harm their health and attract vermin and insects, which can make the home uninhabitable and unsafe.
Since hoarding is primarily a mental health disorder, psychotherapy can be a huge help, along with cognitive behavioral therapy. It's important to reach out to a therapist or mental health professional with hoarding experience. Finding the root cause of hoarding is important to help require the brain and behavior. Once the mental health aspect of hoarding is addressed, you can move on to the process of cleaning the house.
You can look into local organizations for hoarding cleanouts, or if you need to sell the home, our specialist can help. We will buy the home as-is, handle the cleaning out and save any items that are important to the homeowner. We can also arrange for items to be sold, giving you the cash. It's not easy to sell a hoarder's home, but if it comes down to clutter vs. hoarding and you are experiencing the latter, we can help. We offer moving assistance, buy the home as-is, and work with compassion and discreteness while also offering fast closing and a fair cash offer.
Last month we teamed up with Homes of Hope and went to Mexico to help build a home for the Solana Muñoz family. It was a privilege to serve this family and build a space that will bring them joy for many years to come.
Giving back is a big part of The Trusted Home Buyer philosophy and is deeply rooted in our values. We believe that blessing others, giving back, and making our community and other communities stronger is an important part of our mission. Therefore, our team brought their own families to help, so their children could also learn the value and importance of giving back and helping others.
What started as a slab of concrete and a stack of supplies was quickly turned into a safe, cozy, and beautiful home for this family. We spent two days building and decorating their new home, and we were so grateful to meet Uriel, Ruth, Fabian, and Uriel Jr. After four days of travel and building, we ended the trip by presenting the keys and a fresh start to the Muñoz family.
Ruth was born in Veracruz, and Uriel was born in Oaxaca. Ruth and Uriel's families moved to Ensenada as children to find more job opportunities.
Ruth's first son Fabien came from her first marriage. Unfortunately, her husband struggled with alcohol abuse and would not work, leaving her to fend for herself and her son. After a few years, Ruth met Uriel through a mutual friend. They started dating and fell in love, moving in together shortly after.
Now, Uriel works in one of the local agricultural fields for $360 per month, and they have been living on their land, making payments for one year. Uriel built a room for them to live in, but the small space was not enough for their growing family. They hoped and prayed to get assistance to build a home that could give their family more space and stability.
The Muñoz family was kind, gracious, and grateful. It was an absolute privilege to be able to meet this family and help them achieve their dream of having a space of their own. We believe everyone deserves access to safe housing and we will continue to give back and help in any way we can.
If you need to sell your house quickly, you should consider selling it to an investor. Investors like The Trusted Home Buyer can even navigate tough situations like foreclosure, divorce, probate, or other issues that make selling your house very difficult and uncertain.
In fact, real estate investors are some of the best buyers in the market because they can provide you with fast closing dates and cash offers that allow you to sell quickly without having to worry about fees, long months on the market, and repairs. With this in mind, here are 10 reasons why you should sell your house to an investor.
A real estate investor can offer a fast closing date, meaning you won't have to wait months for your house to sell. In fact, we offer to close in 14 days or less! Some sellers choose to sell their homes through a real estate agent and put their trust in them to find a buyer. While that approach is reasonable, it does take time – typically about three months or more from start to finish. So when it comes time for your home sale, you want things wrapped up as quickly as possible to begin moving on with the next stages of your life.
When you're selling your home, one of your biggest concerns is probably getting a buyer who won't expect you to make repairs. Real estate investors are often cash buyers and will eliminate costly repairs from your sale process. As-is sales are also ideal for investors since they have the time and resources to handle renovations and repairs.
There's no need for any new listing expenses like signs, marketing, or advertising. The Trusted Home Buyer will work with you to negotiate a deal that gives you exactly what you want. No new listing expenses mean more money in your pocket and an easy transaction! Many investors will even agree not to charge you any fees but instead add them back into your cash offer (this helps keep your costs low). Cash offers also make it easier on your bank account – meaning that your home is paid off faster and you don't have interest-related expenses!
The quickest way to sell a house is to sell it to a real estate investor. Since they're able to close quickly, even if you are out of state or dealing with probate. This can be especially helpful if you need to navigate tough situations like foreclosure, divorce, and extensive repairs that will take time and money. Investors offer unique solutions to these situations because they can make cash offers that banks cannot match.
Foreclosure can put a lot of stress on you and your finances. Investors offer a fast, convenient solution that doesn't put you through the hoops and headaches of foreclosure, either. Selling to investors often means a fast closing date and a cash offer; you could have thousands in your pocket in just a few weeks or less!
The process can be overwhelming, whether you want to sell your house through probate or avoid it altogether. A real estate investor can help remove a lot of the burden of selling your home through probate by providing you with quick cash for your house and working directly with the legal and financial professionals involved in your case. Then, if you need to sell through probate, we'll be able to help streamline the process so that everyone is kept in the loop. We can also avoid lengthy court proceedings and costly fees that traditional listing sites might charge you.
We offer legal fee assistance, move-out extensions, moving assistance, and cash advances. So if you're selling your house and have a tight deadline or need assistance with packing up and moving out, we can help. Many of our clients use our cash advances for these very reasons—to get through a tough time period like a divorce or separation.
If you are dealing with tough situations, you need someone who understands and can work with you. If your home is in probate, it's facing foreclosure, or you want a fast sale, a real estate investor might be your best bet. Most investors can complete their transactions within one month or less. In some cases, The Trusted Home Buyer can close escrow in as little as 14 days.
That's partly due to our streamlined process; there's no need for them to do an expensive remodel on your property—just something that will make it livable and safe enough for someone else for a short time. It's true: Investors tend to focus more on cash flow than home appreciation, which means if you're dealing with a personal situation like divorce or inheritance taxes (or simply looking for quick cash), selling to an investor could be just what you need.
Many of these folks even have their own fix-and-flip teams, so if your house needs extensive repairs before going on the market, that's not a problem.
It's a tough situation: you bought a house but can't afford renovations and repairs before putting it on the market. Before you give up on your dream of selling your house, consider selling it to an investor instead. We can make repairs as we see fit and help you avoid living in a construction zone while preparing your home for resale.
For example roof repairs can get expensive. In Arizona, a typical roof repair may cost around $1,500 while a roof repair in Los Angeles may cost up to $1,800!
With so many people and situations, there are so many unique reasons why you might want to sell your house. Our team can help with legal fees, cash advances, and even moving, so you can stress less.
1. We Help with Legal Fees
2. We Can Provide Cash Advances
3. We Can Help You Move
4. We Buy Homes in Any Condition
5. We Pay Closing Costs
6. No Bank Repossession
7. No Foreclosure
The fastest way to get rid of any property hassle is by selling it directly to an investor like us. When you work with us, we'll make sure that everything is taken care of properly, and that your unique situation is handled with consideration and care.
If you own or have inherited a hoarder home and want to declutter, it can be very overwhelming. Typically there are years of accumulation of stuff that makes the process seem impossible at times.
But it is not impossible, and we have a helpful list that will aid in your cleaning and help you determine the best way to declutter a hoarder's house.
