Is new construction the best choice for me and my family?

The real estate business is one of the largest in the country, and everyone needs a house to live in because every human requires shelter. Most people buy a home that is used and that has a history of housing countless other families. Families rarely get the opportunity to live in house that is brand new and has never been lived in. Most families don't the chance to say, "You know what, I'm going to sell my house fast for cash and build a brand new house."
The experience of building a new house is not for everyone however. It takes time and lots of patience to make it happen because typically a new build is anywhere from 3-6 months to build. You also have to have the money to build a new house while you pay the mortgage on your other home. This might not be able to be accomplished by everyone.
If you want to sell you house to build a new house, here is what you need to do. You need to decide if this will be the right move for you and your family. Can you afford it? If you can, what design do you want? You have to design the kitchen cabinets, you have to design the floor plan, you have to design the everything there is in the house. We buy houses in Birmingham, Alabama.
You have to build everything and design it all. But the pros out weigh the cons I believe because you get to build a house exactly how you want it. You don't have to deal with poor design choices of someone else in a home you have to live in.
If you would like to make this dream a possibility, I would suggest contacting Favor Home Solutions because they can help buy your current home to give you the money to build your brand new dream home! They really are the best in the business!

Home Owner's Association (HOA): Should I live with one?

Every house is in a certain city or county that has certain governing rules for how things operate as far as taxes, building codes, inspections, building permits, zoning and many more things. Then, the level of control can be broken down even further. On a smaller scale, each sub division of houses can have their own governing body that has its own set of rules and standards that each house must meet or it can result in fines and even the loss of your house. Who can possibly do this? Well the answer is simple, Home Owner's Associations.
What is a Home Owner's Association? It's more commonly known as an HOA. An HOA is usually over a single subdivision, but sometimes more than one. But they have rules or laws that help maintain the look of each house, the lawn care of each house, the amount of cars you're allowed to have in your driveway and so many more things that each HOA specify for each subdivision they are in. They can even control whether you have a boat or an RV parked in your driveway.
The benefits: you get to have your neighbors not be so messy and be an eye sore. You get to sell your house in a place where your neighbors are junky and move somewhere where your neighbors are clean and tidy.
HOA's can be a great thing if you like things nice and neat, but if you don't want anyone controlling you and your stuff, you may not want to live under an HOA because they will most certainly do just that.
If you need to sell your house if you want to move into or out of an HOA, then I suggest you talk to Favor Home Solutions because they are the best when it comes to finding you a home and selling your home. They pay cash for your house, no matter if it's in an HOA or not!

Country living versus City living: Which is best for you?

You can quite easily guess what this article is about based on just the title, but I'm going to more in depth in to what each living situation looks like because each situation is very different from the other. When you're looking to sell your house and move somewhere else, keep these things I'm getting ready to discuss in mind.
The city life is about as convenient as it can possibly get in a life time. You have every thing you need right there at your fingertips. You have restaurants, you have shops, you have grocery stores, you have entertainment, you have movie theaters, you have arcade places, you have a bunch of different walmarts, fifteen Mexican restaurants, and so much more. You have everything within a five mile radius of your home, which makes things extremely convenient for your busy, fast paced life.
Country living, however, is much different. It might take you 20 minutes to get to the nearest Walmart to just get groceries. Grocery shopping is not a when you need it thing, it's a once a week thing that you better hope you buy everything for the next two weeks because you're not making it our to the store at a moments notice. You have one little country store, maybe, that has crazy high prices because of how far out they are located. It's definitely more slow paced, laid back type style.
So for you, which is best? Where do you want to live? No matter the situation, city moving to country to country moving to city, we can help sell your house fast for cash in any area.
You have to decide what is most important to your family: convenience or privacy from the rest of the world. Only then will you be able to make the best decision for you and your family members. Once you're able to do that, then you can contact me about helping you make that move!
I suggest speaking with the experts with Favor Home Solutions because they will be able to guide you wherever you need to go. They know of many investors in any city and any country setting that will meet you and your families needs and wants.

I inherited a house: should I hold it, rent it or sell it?

First and foremost if you're reading this article, I'm so sorry for your loss. I really hate the fact that we have to even discuss this type of thing with other people because I myself have experienced it and I do not wish this upon anyone. In any case, it does happen and you need to know what to do when I inherited a house what do I do?
You have to be thinking to yourself, "What should I do with this house? Should I sell it? Should I rent it? Should I hold it for my children?" Hopefully we can be of some assistance as to what we think you should do with this inherited home you have.
Let's look at option one, selling my inherited home. Chances are, the house you inherited needs work... most likely lots of it because it was most likely an older home. Older homes usually take more to rehab and update because of the sheer age of the home itself. If you don't have the money to sell this inherited home, you will have to sell it to an investor. Keep reading because we'll give you the best investor we know to buy your house as is when it needs repairs.
The second option is to rent it. You could do that but after losing your loved one, you don't want to deal with chasing a tenant around for rent money each and every month because that just causes more stress on your life. Plus you have to be in charge of every single repair that needs to be made. That just causes too much stress. It takes a lot of work to be a land lord.
You can also just hold the property for your children when they get old enough. But that typically is an expensive route too because you have to pay for lawn maintenance, you have to make sure the house is secure and safe and not being broken into and you have to pay yearly taxes on the house. These are just extra expenses you will have.
In our experience, using Favor Home Solutions to sell your inherited home is one of the best answers to your problem because they have dealt with this time after time. They know what you're going through.

What do I need to do in order to sell my house?

If you're asking yourself, what do I need to do in order to sell my house fast, then you're in the right place!
We're excited you asked that question because this blog will help you answer that tough question!
Here are some tips to sell your house at TOP market value, getting the most amount possible for your home when you sell it.
You have to clean, clean, clean everything. By everything, we mean everything. You have to clean the kitchen counters, the kitchen sink, the stove, behind the stove, inside the stove, the refrigerator, behind the refrigerator, inside the refrigerator, the kitchen floors, the kitchen cabinets, you guessed it, the inside and the outside of the kitchen cabinets, the base boards in the kitchen, the air vents in the kitchen, the ceilings to remove cob webs, the window or windows that are in the kitchen. This is a long laundry list of items and I just mentioned things you have to do in just the kitchen alone. This doesn't even company toe everything you have to do that is outside and the rest of the inside of your home.
You have to design everything, like paint colors and cabinets, to be extremely neutral. Your color scheme when your sell your house for full market value cannot be too bold or people will not want to buy your home. You have to appeal to every single buyer out there on the market.
If you need to get some ideas, you can always head down to your local hard ware store like Lowe's or Home Depot or others to get great paint points from paint professionals.
You have to fix things that are broken. If it's broken, you better fix it! No one is going to want a home that is going to need fixing. You have to fix everything, even if it may seem small or stupid. You still need to fix it.
If this seems like a little too much for you to handle, then it's  perfect natural to feel that way. That's what lots of people I know sell with Favor Home Solutions because they take all the hassle of selling your house out of it. They buy houses as is, meaning that you don't have to fix anything at all in the home!

Rent or Own — that is the question

People have different opinions of whether they should rent or own a home. Both options have tons of upside, but they also have major downsides. There are people that need both options because of different situations in life, but it can be a major obstacle to buy a house. The typical median age for renting a home is 24. So that means that mainly young people are renting homes because they are the ones that need it the most, but there are still people in their later years that rent because that's just easier for them. So what should you do? Should you say I'm going to sell my house fast to rent or I'm going to buy a house to own?

When you rent a house, you have a landlord that owns the home, and he/she is in charge of things that  may go wrong. Let's say that the HVAC unit goes caput and you're stuck with no air conditioning in the middle of July. That's going to be huge expense... for the home owner. The home owner who you rent from will take care of all the repairs in the home because that's their duty to fulfill. If you owned a home, you'd have to do it all yourself! You'd be out 4,000 to 5,000 dollars because of that one thing that happened. 

So as you see, renting has the benefits of fixing all of those major repairs. However, with renting, you lose the ability to make it your home. You can't paint the walls the colors you want, you can't renovate a house to make it the open or closed concept you'd like for it to be, you can't extend your driveway, you can't do lots of things! Any work you do in a rental home that updates and upkeeps the home does absolutely nothing for you, but it just makes the owner of that home more and more money with your hard, sweat equity. This is where owning a home is amazing.

Owning a home, you can do whatever you want to your home. You can paint it, you can extend a driveway, you can pour a patio out back, you can do so many different things that you couldn't do if you rented a home.

If you need help finding a home or selling you home, give Favor Home Solutions a call or check out their website because they can help you get into a rental or they can help you buy a home!

How long do people typically stay in their homes?

Like I have previously stated, the American Dream is you and your lovely spouse and your two children living in the suburbia world outside of a big city, living the 9 to 5 lifestyle. You have your white picket fence, typical mini van to cart around the kids to soccer practice and baseball and gymnastics, and waving to all of your neighbors. So how long should you stay in your house and how long before you should say where can I sell my house fast?
The typical American family lives in one residence for five years before moving onto the next home or apartment. That's a lot of moving if you move every five years, but it makes sense if you have enough equity in your home to cash out. The best way to determine your equity is by looking at the market around you. What are homes around you selling for? If homes are selling for more than you paid for, then you need to sell my house fast to cash out because that's an incredibly smart move to make for you and your family.
So if you need to know how long you should live in one place, here's my advice. I believe the best time frame to live in a home is that 3-5 year mark because it gives you enough time to settle, but it gives you enough time to not settle too much if you want to move to make more money. If you have a family with children, I think you should stay somewhere longer, especially while they are in school.
These are the times you should move in my opinion with children: before kindergarten, after 5th grade, after 8th grade and after graduation. These times are best for children to move because they are transitioning out of a school and moving into a new school. Moving at these times will lessen the chance of your child struggling by making new friends and such because they'll be transitioning into a new place anyway.
If you need someone to help you find that 3-5 year or longer home for you, give a call to Favor Home Solutions because they can buy your old home and they can point you in the direction of where to buy a home from. There are lots of different options out there but Favor Home Solutions is definitely a great choice!

Why do some lots have two house on them? How is that possible?

The typical home in America is built on it's own piece of beautiful, grassy land that you get to take care of by cutting the grass, weed eating, mulching the flower beds, planting flowers and trees and so much more. But sometimes, your lot of land might have a second home built on the same piece of land, which makes things a little less complicated for lawn maintenance because you get to share it with someone else. You might want to sell my house fast to move into a house like this!
But how in the world can this happen?
Well, simply put: it depends on the zoning of your property. There are different zoning codes and letters and numbers and all of that for every city, county and state in the United States of America, so as you can imagine, there are thousands of different codes used. But the most simple codes use R1 through R10. This is something to think about when you're looking to say, "Where can I sell my house fast."
The R stands for Residential. It lets people know that your piece of land is zoned for residential property and usage only, meaning a single family home that you and your family live in. If it has a C before the number, it means it is Commercial. This means your land that Walmart is built on or your local store or local businesses. If it has an I in front of a number, it means it is zoned for industrial usage. This I is used for a warehouse that manufactures something. For example, Nissan has one of their largest plants in Smyrna, TN, so they have that whole big piece of land zoned as I because it's industrial because they are building goods there. Same would be said for a general mills factory or any other large factory that produces food, clothing, cars, etc.
So how can you have two houses on one lot of land in a residential setting? Typically, it must be zoned R6. If it is zoned R6 that means an investor can buy your lot of land and build 2 houses on the piece of land instead of one, meaning that investor gets to make double the money off of just one piece of land.
If you have questions or need to sell a piece of land zoned R6, you can call Favor Home Solutions because they are experts in dealing with this type of zoning and telling you what the best way to get out of it is.

What is a tax lien?

Owning a home is something that is extremely time consuming, but very rewarding because you get to make the home you own your and your family's home for, hopefully, a very, very long time. For most people, the American dream is rained upon by having to pay for unseen expenses like paying for a new roof, fixing the HVAC unit outside, fixing the hot water tank or heater, and so many more. But what happens when you can't pay for this expenses? Or what happens when you don't pay your yearly taxes to the state or city?

Sometimes, construction crews and companies place a lien on a home to ensure they get their money if you can't pay them. Other times, companies that loan you money can use your house and other assets as a collateral. If you can't pay their price of interest and what you owe them, they will take your house away. However, there is a solutions to bypassing all of this headache when it comes to tax liens or other types of a lien.
Likewise, the city or state can place a lien on your house for the amount of taxes owed to them to ensure that the government gets their money that they are owed for your house. If you don't pay those taxes, you can lose your home.

So what happens when you have a lien?
When you go to sell your house, you won't be able to sell the house until you pay off those liens against your property. If you don't pay them before selling, those lien holders have every right to take away your house and you lose everything.
However, THERE IS HOPE! There are companies out there that specialize in helping people selling their homes to get out from under those vicious tax liens, one company being Favor Home Solutions. They are one of the very best when it comes to getting you out from under those pesky tax liens.

What does a title company do?

Every time someone buys and sells a home, a title company is involved in some way, shape or form. Title companies make real estate transactions happen and come to life. Without them, there would be no money to be made. But when you are thinking of selling your house, you need to know your fees associated with something like this so you know exactly how much money you can expect to make when you sell your house.
So if you're saying, what exactly does a title company even do? Why are they needed? Why can't I just sign a deed over to a buyer and just make things happen that way. Well, things aren't always that simple because in the American world we live in, contracts and paperwork are a must have when business transactions are done.
A title company goes through the record of who has owned the home. They look up who currently owns the home, how long they've owned the home, what they paid for it and so much more. More importantly, they look to see if any tax liens are on the house. What is a tax lien?

A tax lien is something the government can place on the property if you have not paid your taxes year after year. Other people can also place a lien on your property. Let's say for instance you get a new roof on your home, but you don't pay them for their work they did on your roof and house. That construction company can, with the correct paper work, file a lien on your house to ensure that they get their money for the work they did.
Without a title company, these debts cannot be paid off, so the new home owner would be screwed over in essence if a title company did not exist.
Sometimes, real estate companies, like Favor Home Solutions, will buy a house even with a tax lien or a regular lien on a house! That's great news for someone who cannot afford to pay off a lien on their home. Another reason title companies are so very handy, they allow you to pay off all your debt in one fail swoop, which saves time and saves you from the headache of dealing with each lien individually. These companies do charge a typical fee of $200-400 to process all of these charges.

When are repairs too much? At what point should I sell?

Everyone is, at some point or another, faced with the challenge of having to put money into their house. Sometimes you just need to put a couple hundred or under a couple thousand dollars every year or so just with basic up keep of the home: cutting the grass, pressure washing the siding, spring cleaning activities and whatever else is needed for basic up keep. At what point should you say, "I'm spending too much, I need to sell my house fast!"
Every house at some point will need a new roof, a new HVAC system or unit, a new hot water heater or tank, new cabinets, new paint, new carpeting in bedrooms and other rooms, new hardwood flooring, new kitchen appliances, and any newer bells and whistles the home owner wants to make their home look top of the line. All of these add up really quickly, causing your bank account to drop dramatically.

Everything depends on how much money you have in your bank account and what kind of a job you have. If you have a job that you make $250,000 a year with no problem, then you have no reason to sell your home. But if you're like the rest of us Americans making between $40,000-70,000 a year, repairs on a home can add up all too quick. So when should you sell your home?
I personally think when repairs get upwards of $10,000 in a year is when you need to seriously consider selling. What happens if I don't have the money to fix up the house? How can I sell it?? Well I'm glad you asked! A company like Favor Home Solutions will always buy any house as-is, meaning that you don't have to fix anything before you sell it to them, saving your time and money. You literally can press the easy button and be done with pesky repairs!

What to do if I'm facing a foreclosure?

People buy houses every day throughout America. Every day, people's dreams of owning their first home come true. However, at the same time people are experiencing a dream come true, another person or family is having their worst nightmare come true: foreclosure. If you're worried about foreclose and saying, "where can I sell my house before I go into foreclosure," keep reading.
First off, what is foreclosure? Foreclosure is the process that begins to happen to a home owner when they stop making payments to their mortgage. After a certain amount of missed payments, the bank will repossess the home to ensure they get their money they loaned to the homeowner. The banks are ruthless!! But you have time before they take your home away from you, ruining your credit for at least 7 years, for you to sell your home and pay off your loan. This can happen to anyone if you're not careful!
http://www.favorhomesolutions.com/sell-my-house-fast-hendersonville-tn/
So if you're missing mortgage payments, be careful! If you are facing foreclosure, you can do a multitude of things. You can just pay off the amount the bank is demanding you pay, which is typically the amount of the payments you've been missing. But who has the ability to pull 4-6 months worth or mortgage payments out of thin air? So you're left with selling your home with a realtor, but that can take months to happen! Seeking a cash investor can give you cash for your home in a matter of weeks. That's going to give you the flexibility to sell your home, pay off the mortgage and NOT ruin your credit for 7 whole years, which is a crucial thing to avoid. Favor Home Solutions specializes in dealing with foreclosures. They can guide you in what you should do to insure you're home is not taken by the bank, ruining your credit for 7 years. You can't be too careful, give them a call and see what they can do to help. They helped my family from facing foreclosure, and they'll help you too!

How much money do you lose selling with a realtor?

When you own a home, you typically list your home you're selling with a realtor because they know the lay of the land and what houses buy and sell for in your area. Realtors, however, don't do this service for absolutely nothing. They charge a fee to sell your home of typically 3%. Sometimes, their fee is more to sell your house, but 3% is typically the fee. So if you want to save that fee, where can you sell my house fast to save that fee?
When you sell a home, you're typically known to pay your side of the closing costs plus the buyers closing costs, which can add up to about 5-6% in total. Plus you're going to tack on the realtor fee, so you're looking at 8-9% off the top by selling your house the traditional way. If you sell your house for $100,000, you'll lose 8,000-9,000 in just closing costs and realtors fees that goes, poof. Yes, there is a much better solution to sell your home fast without paying these fees.
Real estate agents are going to try to possibly bundle your house with other houses, too, which slows the process of selling your home. They might try to find these investors, but why not find these investors yourself? Doesn't that make so much sense to just cut out that middle man? So why not just go on the internet and search it for yourself? If you have questions of how to find local cash investors, please contact me! I'll connect you with the best one around!
As a seller of a home, you have an opportunity to use a real estate investor instead of typical realtor and retail buyer. Using a real estate investing company like Favor Home Solutions is great choice for you. They offer all cash and a fair offer. Most companies like Favor Home Solutions buys houses as-is, which means you don't have to even fix anything or sweep the floors! I would recommend checking them out  for sure because they could save you so much money that would otherwise be lost to stupid fees!

Using social media to sell your house

Social media in today's day and age can be a huge distraction or one of your most valuable assets you can possibly have. Social media allows people to connect with other people, like family and friends, but it also allows businesses to connect with their clientele and find new customers. If you own a home, chances are you're going to sell it one day because of a divorce, financial crisis, a sickness in your family, or some other reasons. If you know you're going to have to sell your house fast, might as well be prepared and know what to do.
I would suggest using Facebook because Facebook will allow you to search groups and like pages or real estate investors and professionals who can help sell your home. In my opinion, you don't want to sell with a realtor because you will have to pay commission when they sell your home. With a real estate investor, there are no fees whatsoever, which allows you to keep you money!
So when you first go onto Facebook, use the search bar to search, "real estate [your city]." When you search that with your city name in there, group will pop up about real estate investor groups, so you need to join all that you can! When you join, post that you're selling your house at whatever address. Then investors will begin to comment and message you, and they will want to pay cash for your house! How cool?!
You can also search pages on Facebook, like Favor Home Solutions. You can search their page, view their postings and visit their website. These Facebook pages can really help you sell your house because local investors do local Facebook Marketing. They want people to come find their company online. Facebook groups are incredible! Don't under estimate the power of the Facebook group! It really is incredible how powerful they truly are!

What to do if your house is condemned

Every city in the United States of America has a codes and violations department. For each city, a house must meet a certain amount of requirements to make the house livable. But when houses are neglected and not taken care of, things can snowball pretty quickly. If you have a house that is condemned or needs a ton of work, check out this site to get a free cash offer.
If a neighbor calls in your city's codes, then things might get ugly fast. If the inspector or structural engineer says the home is less than 50% up to codes, the house will then be condemned unless everything is fixed.
For most people, they don't have the money to just fix everything in a home on a whim. So in these situations, you have a choice to either knock the house down or sell it to an investor. You won't get full market value for your house that's condemned, but you will still be able to walk away with cash in your hand from the investor. So once your house is condemned, your best bet is to go with a local investor. You can search for local investors by searching, sell my house fast with whatever city you're located in. You should search something like, "where can I sell my house fast in Chattanooga, TN," or whatever city you're located in! This will pull up the best investors around, who will give you top dollar for your house that is unfortunately condemned. It's almost not fair that you're house got condemned, but make the most of the situation. You deserve to get paid for your house!
People will try to cheat and scam you in these situations, but don't let them! You need to do your research! You need to vet each and every person you have come along. If you cannot find someone to buy your house, contact Favor Home Solutions. They give cash offers at no obligation and are not going to scam you.

How to get the most money out of your home when you sell it

The typical American Dream is to move to the suburbs, buy a house and start a family. This is nice for a portion of your life, but what happens when used to be little kids move out to go to college? What happens when your job moves you into the city or into the country? The answer to any scenario of you leaving suburbia is: you have to sell your house fast.
Selling your home can be a big nightmare because you have to fix everything up in the home, make it look spotless and you have to have people traipsing through your home day in and day out. Sometimes, realtors are a bit nit picky on what they think should be fixed. As a real estate investor, I am going to be sharing with you a list of what I think are the most important things to think about repairing and enhancing when you sell your home. http://www.encyclopedia.com/literature-and-arts/art-and-architecture/architecture/suburbs
For starters, let's begin with the outside of the home. If the siding is dirty, pressure wash it. You might not have to replace anything, but you need to give it a nice shine to make it more appealing. Then maybe add some mulch and cheap flowers from Walmart or Lowe's. The outside of the home is one of the biggest selling points, but you don't have to always worry about that with Favor Home Solutions.
Moving inside the home, make sure your floors are prestige. That means: wash the carpet or get new ones entirely, sand and stain older hardwood floors, steam kitchen tile, scrub grout of kitchen tile and whatever is needed to make it look spotless.
The walls: if your walls have black marks and everything from normal life with children, invest in a painter and a fresh coat of a neutral paint color that goes with everything. Walls are extremely important when new homebuyers are coming in to take a look at a home. Walls can literally destroy a sale you thought you had.
Kitchen: you have to have nice cabinets!!! I cannot stress this enough, but cabinets are extremely important to people. They can't be old 1970's cabinets, they have to be stained if they are older or just brand new entirely. Make sure the counter is a new, clean look; not that old cork board stuff from the 1960's and 70's. If you're leaving appliances, make sure they are nice, stainless steel appliances.
Bathrooms: Make sure the vanity is not some weird design or pattern, neutral tile colors will do just fine. Update any and all tile that's out of date, and make sure your toilet isn't a shade other than white. Replace the toilet if it's one of those retro red or green ones.
Light Fixtures: Make sure you have new updated light fixtures, please please please make sure this is done.
If you follow all of these guidelines, you'll be able to find someone who will buy your home for cash in Nashville!