Buy my Reno NV house for cash – 2 Questions To Ask

Looking for a cash buyer for your Reno NV house? Ask yourself these 2 questions first…

If your Reno, NV house is facing a foreclosure, and you wish to avoid it… or if you just need to sell your Reno house fast for another reason (you inherited a house, relocating and need to sell, lost your job, agent can’t sell your house, etc.)… then one of the best options that you can consider is thinking about finding someone to buy your Reno NV house for cash. By doing this, you will not only profit by improving your credit rating but also get extra money into your account. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time, and you can use the extra cash from your sale in other projects. However, you have to study the prevailing market conditions. That is, find out factors that are likely to influence the value of your home… before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating.

Buy my Reno NV house for cash: The Plan

The first step that you need to take in order to sell your Reno house fast to someone else with a “buy my Reno NV house for cash” mentality, is to come up with a game plan.
Your real estate agent should help you come up with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of such properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.
1. How fast do you need to sell? 
This is one of the most important first decisions you need to make… because this really dictates what options you really have. If you have more time… you have more options open to you.
If you have less time… your options are a bit fewer… but you still have great options out there.
If you need to sell in less than 2 months (or even less time than that), you likely don’t have the time to list your house with an agent.  You’ll likely have to try to sell the house yourself (if you know how to) or sell your house to a local professional house buyer like Oracle Property Solutions (or you can call us at (775) 430-5200 and we can make you a fast-fair all-cash offer on your Reno area house).
2. How much do you need to sell your Reno house for? 
Note that above it says “how much do you need” to sell for.  If you’d like to sell your house for full retail… but you have to sell your house fast and can’t afford to list it with a real estate agent… determine what you need to get out of your house sale.
That’ll help guide you to your true options for selling.
If the price you “need” to get doesn’t leave room for a real estate agents commission… you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like us… to see if that gets you closer to where you need to end up.
On the flip side… if you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price… list your house on the MLS.  If you don’t have the time… consider talking to us for a fast cash offer on your house (we can make you an offer in less than 24 hours and close in as little as 7 days if you need to, with all cash).
3. Look into your options and take action! 
Like I mentioned above, if you’re looking for someone who can say “yes”! when you ask them to “buy my Reno NV house for cash”… the main things you need to determine yourself are:

1. How fast you NEED to sell
2. How much you NEED to get out of the sale

Once you know those… look at your options below as a quick guide to help you decide which options may work for you with your local Reno house sale.

• Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale. If so, going with an agent will likely get you your highest price on your property.
• Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Reno house in as little as 7 days. We won’t be able to pay full-retail on your house… but we don’t charge any fees at all. What we offer you is what we pay you. If you value your time and a quick sale more than making a few extra bucks 6 months from now… call us today at (775) 430-5200 or click the link below to fill out our online fast offer form.
• For Sale By Owner: If you can wait 3-6 months to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself.
• Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing foreclosure… your first step may be to talk to your bank to see if they have any mortgage relief programs.  Some banks offer assistance or can at least guide you in a direction to lessen the burden.

We can help you strategize how to sell your Reno NV house fast. Give us a call at (775) 430-5200 for help selling your house fast, or fill out our form to see if your property qualifies for a fast-fair all cash offer.

There are several reasons why you may be thinking “buy my Reno NV house for cash – please let it be that simple” (and it can be). Regardless of your reasons, you need to prepare your house for sale just as you would any other product. A thoughtful preparation WILL turn your home into an attractive option for buyers. Doing it this way, you can sell your house fast and get top dollars.

Cash for Homes in Reno Buyers – Will I Get A Fair Price?

Time and money are crucial factors when you are selling your home. If you need to sell your Reno house fast… there are local professional home buying companies who pay cash for homes in Reno NV.
Let’s dive into how you can sell your local Reno house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.

How Do Cash For Homes in Reno Buyers Work?

Finding reputable local Reno house buyers who pay cash for homes in Reno can be a daunting task. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, [company], we buy local Reno NV houses fast).
And before you dive in below… if you’re not sure how the process of a cash buyer like Oracle Property Solutions buying your local Reno house works… check out our “How it Works” page on this site and our FAQ.

Price And Time Are Trade-Offs – Which Is More Important To You?

As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash.  To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to find you the best buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)… so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait?
Most often, local Reno house buyers like Oracle Property Solutions, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.
But we can close quickly (in as little as 7 days if you need us to)… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at (775) 430-5200.

We can make you a fast no-hassle offer in less than 24 hours.

We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do.

How Much Work Do You Want To Put Into Making Your Reno NV House Sell?

Another big factor that local Reno cash home buyers like Oracle Property Solutions can offer is we take 100% of all of the work and hassle to sell your house off of your hands.
We handle it all.
No, we’re not listing your house like an agent does. With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work.
Especially if your house here in Reno needs some work.
But, we offer cash for houses in Reno NV because we’re professional home buyers based locally here in Reno.  If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… we’ll get it all created at a reputable neutral party closing agent in town of your choosing… or we can recommend the ones we’ve used for years.
Basically, we can make you a fair all cash offer on your Reno house (or Call Us Today at (775) 430-5200!)… and if it’s a fit, great! We’ll handle everything.

Do Your Research And Trust Your Gut

Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.
We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you.
When you’re ready to start the process of selling your Reno NV home for cash, fill out our form and we’ll help you get started.

Call Oracle Property Solutions today at (775) 430-5200 for an immediate cash offer on your Reno NV house… or Submit The Fast Offer Form Here >>

How to Sell a House You Inherited in Reno – the reality behind probate

Selling an inherited home in NV is not as easy as people think! Read on to learn how to sell a house you inherited in Reno NV…
First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
Therefore we at Oracle Property Solutions have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Reno, without having to sweat much.

Making the probate process go smoothly

Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too of course. We can also give you a fair deal for your inherited local Reno house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Reno
Before you embark on the selling process, your house must go through a probate. Most countries allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Reno, you can then put it on the market.
Tax consideration
The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.

How to sell a house you inherited in Reno

Agreeing to sell
If you are ready to sell your house in Reno, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Reno “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Here at Oracle Property Solutions however, we will always give you a fair deal and help you get as much value from your inherited house as possible. We often times buy local houses in Reno, repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Reno house meets a few simple qualifications, we can buy your house fast.

You can fill out the form or pick up the phone and give us a ring anytime at (775) 430-5200

Who are the cash house buyers in Reno NV?

Who are those “cash for houses in Reno” guys anyway? This article walks you through finding cash buyers here locally…

You’ve seen the “we buy houses in Reno” and “cash for houses” signs all around town when you’re driving around… even in other cities across NV… so who are these cash house buyers in Reno NV?  Are they legit? How does it work?  Who should I trust? We’ll dive into these questions here in this article… and don’t be afraid if you have other questions to hit us up on our Contact page or comment at the bottom of this article anytime as well!

Selling Fast: Who Are The Cash House Buyers in Reno NV?

Selling your home in today’s real estate market, isn’t always the easiest thing to do.
If you need to sell fast due to divorce, job loss, pressures of relocation, or any other of life’s tribulations, this process can be especially formidable.
Luckily, there are ways for you as a local Reno house seller to win! Selling to a cash house buyer can get you the cash that you need fast, while also taking your property off your hands so you can move on with your life.
Usually it will also relieve any pressures of repairs so you can sell your Reno NV home as-is. Selling your house to the perfect cash buyer can be a quick and easy process.
First ask yourself, Who are the cash house buyers in Reno NV?
Cash buyers will usually be investors (some locally based, like us here at Oracle Property Solutions… and some based out of town) whose goal is to create win-win situations and help homeowners like yourself.

Quick Tips to Remember When Looking For A Reputable Local Reno Cash House Buyer

• Price it right
• Be honest
• Be flexible

Price it right – When selling to a cash house buyer in Reno, keep in mind that they’re buying with cash, instead of using bank financing… and they can close very quickly.  We can buy your house in as little as 7 days from today if you wanted to sell that quickly… rather than waiting 30 days to 9 months to sell your house the traditional “listing agent” route. This means that a professional house buyer won’t be able to pay as much as a retail buyer (someone living in the house) would.
This also means that you’re getting a quick/ hassle free sale and cash in your pocket so you can move on with your life! Check out this article on pricing your home to sell.  So don’t go into the process with expectations of getting the same price on a quick cash sale that closes in a matter of days or weeks that you’d get with an agent listing your house to find the ideal retail buyer for months and months and months.
Also consider in your pricing the fact that local cash home buyers like us here at Oracle Property Solutions don’t charge any fees or commissions.  So consider that a savings right there!
Be honest – Always tell the truth when giving descriptions of repairs and values. An experienced cash buyer will do their homework, so tarnishing a relationship and potentially hindering a sale in the name of saving a few bucks, is never worth it. Just be honest with your buyer and they will work with you.
Be flexible – Cash house buyers in Reno can often come up with creative solutions to your problems. Be flexible, and willing to share and listen to make the best of your situation.
Sometimes after talking to many local Reno area house sellers we’ll find out that there are other options that make a lot more sense for them… rather than us buying their house. So, be flexible coming in and we’ll let you know what we feel are the best options for your situation. If it means us buying your house in a win-win transaction… great!  If it means you selling your house another way (or even finding a way to stay in your house)… great!
All we care is that you’re taken care of in the process. That’s how we win so many long-term fans of Oracle Property Solutions who end up referring their friends and family our way when they need to sell their Reno area houses fast too.
The bottom line is, regardless of how daunting the task of selling your home may appear, sometimes all it takes is finding out who are the best cash house buyers in Reno NV.

Start Here: If you need to sell your Reno NV area house fast, give us a call at (775) 430-5200 OR fill out this simple Fast Cash Offer Form >>

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Cash for houses in Reno – how to sell your NV house for fast cash

December 1, 2016

By Larry Crickon

Need to sell your local Reno house fast for cash? Explore your options below…

Yes, Local house sellers are still getting cash for houses in Reno NV even in this real estate market.  Years back, selling a Reno house for cash was quite easy and fun. All you had to do was hang a “For Sale” tag on your front yard and wait for potential buyers to call you… and sometimes you’d get 5 above asking price offers before dinner time.
However, in today’s tough economy, coupled with an unstable (but stabilizing) housing market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling houses fast in some parts of the local market.
Throughout the country, more and more homeowners are seeking to sell their homes fast thus creating stiff competition in the market.
However, if you are trying to figure out how to you can get cash for houses in Reno NV, then you should not lose hope, especially if you know what you can control; and there is a lot that you can control.
Here are a few tips that can help you sell your Reno NV house for cash in the shortest time possible…

Getting Cash For Houses in The Reno NV Area

There are a few viable options when you’re selling your Reno NV house for cash in today’s market… and I’ll walk through some options here in this article. Hopefully by the time you get to the bottom of this article you’ll have a pretty darn clear picture for the options you can go after to sell your house fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months.

Do not be carried away with emotions

When you are trying to sell your Reno house fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the house, it is quite easy to succumb to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to the task at hand.

Know your competition here in Reno and your neighborhood

While trying to sell their NV houses fast, most homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some house sellers can wait the 3-6 months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately.
So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell.  If you can’t wait that long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your house quickly?
As such, potential buyers will be doing a thorough research in order to find the best house that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively.

Objectively asses your situation and property

It is important that you establish whether your house can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your house before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).
However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at Oracle Property Solutions. We buy Reno houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all.

Give us a call at (775) 430-5200 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.

Get the pricing right

Most local Reno NV home sellers fail to sell their houses fast because they are asking for too much.
Be sure to talk with an experienced real estate agent in order to give your house the right valuation so you know what you may be able to sell it for if you list it with an agent.  If you can wait the 3-6 months to sell to a full priced buyer… awesome! Price it high and see what you can get!
If you have to sell your house fast… you’ll need to price your house more attractively and be willing to negotiate on price.
There are several reasons why you may want to get cash for houses in Reno. It could be due to a pending foreclosure, a recent divorce or death in the family or the need to downsize to save money. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.
Want to learn more quick home selling tips? Click here. Better still, call us today at (775) 430-5200 for amazing cash for houses deals in Reno. 🙂
We here at [company] offer cash for houses in Reno.  We’re local buyers helping local home owners sell their house quickly with no hassle.
We either hold these houses ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.
If your Reno NV house qualifies, we can you make a quick and fair cash offer.

Fill out the form to get a fast and fair cash offer on your Reno NV house, or give us a call at (775) 430-5200 and get an offer within 7 minutes

What is a Pre-Foreclosure in Reno?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process.

So what is a pre-foreclosure in Reno anyway?

Many homeowners across America and Reno are facing difficulties making their monthly mortgage payments.
When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying the homeowner to pay or lose their home. This period is known as “pre-foreclosure.”
Banks and mortgage lenders typically provide three months for the homeowner to become current.  Of course this number can vary by bank and situation sometimes.
If a homeowner fails to make the necessary payments, the bank will foreclose on the home, assuming ownership, and evict the homeowner. Thankfully, during this stage of the foreclosure process, a mortgage holder has the opportunity to take advantage of several options to prevent losing their home.

Pre-foreclosure Options for Borrowers

If you’re behind on mortgage payments, you’re likely to receive a “notice of default” from your mortgage lender.
This document will state that you have not made mortgage payments for the last 90-180 days. It’s important not to panic.
You have options that can delay or even prevent losing your home:

• If your mortgage is “above water,” (meaning you have equity in your house) you may be able to refinance your mortgage, receiving lower monthly payments.  Check with your local Reno mortgage broker… or contact us and we can connect you with a reputable one.
• You may be able to quickly sell your home to a real estate investor that’s reputable in Reno like us at Oracle Property Solutions, using the cash acquired to pay the months of back-payments owed (or we *may* be able to work out something with the lender that relieves all or part of your back payments.We can buy your Reno NV area home quickly, often in just a week or two, will pay in cash, and takes the stress out of trying to find a buyer.
• You can contact the bank and ask them to permit a short sale. In a short sale, you’ll sell your home for less than it’s worth, and the bank will take the loss as a tax write-off.  In some short sales you may still be required to pay the difference to the bank if the house doesn’t sell for what is owed on the loan.
• You may be able to declare bankruptcy, which can buy you time to pay your debt. Bankruptcy will remain on your credit report for years, and can cause significant damage.

Lenders are very much aware of the widespread financial troubles across the country and they’re willing to work with borrowers a lot of the time.
If you’re honest and communicate with your lender, you’ll often find that there are options that will allow you to remain in your home, or at least salvage your credit rating.
A foreclosure can often negatively affect your credit score by 200-400 points and can prevent you from obtaining a loan of any sort for 5-7 years, so be very dutiful if you’ve received a Notice of Default from your lender.
But if you’re not able to find a solution with your lender working directly with them… connect with us. We may be able to help.

Ways We Can Help If You’re In Pre-Foreclosure

• We can potentially help with a short sale – Submit your info on this website so we can evaluate your situation to see if we can help.
• We can buy your Reno area house – We buy houses in Reno and would love to make you an all-cash offer on your house too. Just fill out the form here to get started >>
• You can ask us questions and we can provide you FREE guidance and resources so you can make a well educated decision. This costs you nothing, there’s absolutely no pressure, no obligation… just free guidance without a catch.

If you’re in the pre-foreclosure stage… you’ve still got time to fix this situation.
Just connect with your bank to see if they’re willing to work with you… or contact us if you’d like to see what we can buy your house for or to tap into our free foreclosure foreclosure resources.

Want To Discuss Your Pre-Foreclosure Options? Call Us at (775) 430-5200
Or, Submit Your Info Here To Get A Cash Offer On Your House >>

How to Avoid Foreclosure in Reno

While the housing market is rebounding, many people in Reno] are still struggling to make their mortgage payments.
If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.
Thankfully, there are a number of things that you can do to avoid foreclosure in Reno. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.
So lets dive in on a couple quick tips on possibly how to avoid foreclosure in Reno with your home.

The Keys of How To Avoid Foreclosure in Reno Don’t Abandon Ship

Many people simply give up and walk away from their home. There are even areas of Reno have begun to resemble ghost towns, as the economy has impacted residents significantly.
Detroit is a prime example of what can happen when people abandon their homes.
This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.
While it’s extremely stressful, you do have options:
• Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Reno are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.
• Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.
We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Reno are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.
We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you.

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

How to Sell Your House to an Investor in Reno NV

Home ownership just isn’t what it was in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. If you’re looking to sell your house, you could be frustrated.
Despite the market trends in Reno slowly shifting, it’s still very much a buyer’s market. With so much property available, you could find yourself waiting months or longer to get a fair price on your home.

How To Sell Your House To An Investor in Reno

One option that many homeowners are turning to is selling to a real estate investor like Oracle Property Solutions to buy your house from you.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. Reno has numerous reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is relatively simple.
You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… usually within 7 days if you want to close that fast.

How Fast Can You Sell Your House To Local Investor?

This process is extremely quick compared to more traditional methods, often taking just 7-10 days.
If you need to sell your Reno home very quickly, with little hassle, selling to a Reno real estate investor is a great option.
When you work with a real estate investor… there usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs.
While real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another home owner.

The Hidden Costs Of Waiting To Sell Your Reno House

Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your home to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
Fill out the form below to get a fast cash offer on your home!

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

Selling Your Home During a Divorce in Reno

If you’re wondering about the ins and outs of selling your home during a divorce in Reno NV… we’ll dive into the steps and things to look out for in this article.
With over 50% of American marriages ending in divorce, many Reno NV residents are looking or advice for selling a home during a divorce.
A home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. While a divorce is one of the most stressful and emotionally charged life events, it’s important to remain rational. There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst.

Determine if (and when) You Will Be Selling Your Home During Your Divorce in Reno

In many divorce cases, one spouse will keep the home, buying out the departing spouse’s share.
In many cases, agreements are made where one spouse uses the house for a set period of time (this is usually used when there are children in the home), and then sold at a certain date (usually when the children reach a certain age).

Get Professional Help – Agents and Home Buyers / Investors

Selling a home is a difficult process when everything is going right.
During a divorce, you have a lot going on, and a lot to consider. You shouldn’t take on the task of selling you home yourself. You may have disagreements with your spouse about selling price or other issues. By working with a real estate professional… either a reputable agent or real estate investment firm, you’ll both have a neutral third party who can help you determine a fair selling price and handle the marketing of your home.
If you need to sell your Reno house fast… reputable local real estate investment firms like Oracle Property Solutions may be a great option.  Firms like ours actually BUY HOUSES (rather than listing them like agents do)… and we pay cash and can close quickly if you need to sell this house fast.
If you can wait the time it’ll take to list it with an agent and sell it on the open market, going with a real estate agent is your best bet.
But if you can’t wait the 3-9 months it sometimes takes to sell a house in this market in Reno… chat with us to see what we can offer you for your house during your divorce.

Set (and stick to) a Timeline

It’s important, when selling your Reno house during a divorce to keep a timeline.
You should put your home for sale in advance. Set firm closing dates, moving dates and times, and coordinate which spouse will be handling the sale (or talking to the real estate agent). Make sure that each of these agreements are in writing, and negotiate penalties for breaching the agreements.
This helps ensure a smooth, surprise free home sale.

Selling Your House Fast For A Fair All-Cash Price

One option that many divorcing couples have turned to in recent years is making a quick sale to a real estate investor like Oracle Property Solutions.
Reputable local real estate investors like us, purchase houses quickly and without stress, and the process can often take as little as seven days.
Deciding how to sell a marital home in Reno doesn’t have to be as stressful as the divorce itself.
By protecting each party with a qualified real estate agent or simply jointly deciding to sell and selling fast to a real estate investment firm like Oracle Property Solutions, and moving the process as quickly and according to an agreed upon schedule, all parties can walk away from the sale without stress.
If you want to discuss your situation with your divorce and see if we can help you save time, reduce stress, and get out of this situation fast…

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.

How to stay in my home after foreclosure in Reno, NV

A recent study estimates that 47% of foreclosed properties are still occupied.

When you first see that stat you may be surprised… but we’re not.
What most people don’t realize is that banks aren’t in the business to own homes.
They are in the business to loan people money. But when they have to foreclose on a house… the bank is forced to own the home until they’re able to sell it to get all or most of their money back.
But, what they had found is that when a Reno foreclosed house goes vacant… there is a much greater chance that the house will fall into disrepair.  Often times the bank would rather have you in the property even after you stop paying your payments and the foreclosure is started because it wards of vandals and keeps the house in good working order.
There’s been a lot of talk in the media about people living for free after foreclosure – and even many stories about banks “abandoning” properties.
In those stories, people are avoiding house payments for months, even years.
Man, that sounds great! Let’s all live for free. (wink)
Wait… it can’t be that simple, right?

Right.

No bank would purposely neglect collecting payments. The only way that you get to live without making any payments is when some major mistakes were made.
But you might get lucky! It’s possible, and it’s happened before. However, it’s not exactly legal to avoid payments that you owe, and it can get you in serious trouble.
So why are so many foreclosed homes occupied? It’s important to remember that no one wants the house to be vacant. Vacant homes are targets for vandalism and crime.
Staying in the property can help the bank maintain the value of their investment, so it’s actually in their best interests to keep it occupied. Partly because of the ways that the foreclosure laws are structured in NV, banks may ask you to leave while wanting you to stay.
There are a few perfectly legal ways to remain in your home, even after foreclosure.

How To Stay In My Home After Foreclosure In Reno

Not all these options are available (depending on your situation and your lenders), and you’ll need some expert advice along the way to help you get through.
1) Wait it out. Honestly, this is a pretty bad option, but it seems to be increasingly common. You definitely shouldn’t run away and abandon your house when the first notice of default shows up. Remember that the proceedings and the process takes months and sometimes years. It’s not over until it’s over, so don’t give up too early. On the other hand, don’t wait until the sheriff shows up to evict you to start packing up your stuff.
2) Go to court. In very rare cases, judges are granting stays and delaying evictions. This is really only a valid option if you (and your attorneys) can prove that the bank has neglected a legal requirement during the foreclosure process. During the past few years, a lot of fraudulent behavior at banks has been uncovered – so we may see an increasing trend of using the courts to stop foreclosure. Fighting banks with lawyers is very difficult, expensive and time-consuming, even if you’ve got a perfect case (most people don’t stand a chance).
3) Propose a move-out bonus. Often buyers of occupied foreclosure properties spend thousands of dollars on lawyers and other costs of eviction, so why not save everyone the time and expense by taking some of that money yourself? It’s known as “cash for keys”. It sounds a little greedy, but greasing the wheels does help everything to run smooth. Plus, you can help out the bank and the buyers by not abandoning the house to squatters before they’re ready to take possession.
4) Rent it back. It may sound crazy, but some banks are willing to take on previous homeowners as tenants in their property. That’s only a short-term fix, as they’ll want your agreement to vacate the premises as soon as they find someone to purchase the property. In some cases, we can even purchase the property and rent it back to you.
It’s really good that you’re reading this page and exploring your options. We help homeowners like you to find creative solutions.
We can’t help everyone, but we might be able to help you.
We buy local Reno NV houses like yours from people who need to sell fast.s

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

You want to sell your Reno house, and you want to get top dollar. Excellent!

You want to sell your Reno house, and you want to get top dollar. Excellent!

But “What do I need to do to sell my house in Reno“?

Here are some tips on how to get your home ready to sell if you’re looking for top dollar that the market will bear:
*NOTE: These instructions are if you’re looking to get full retail value for your house sale.  However, if you don’t want to do the things below… or don’t have the time or money to do the things below… you can still sell your Reno house fast for a fair value in a win-win sale that’ll save you time and expense.
1) Clean, clean and clean. Even vacant houses get dusty and dirty, so keep it up! Nothing short of gleaming perfection will impress buyers. If you’re not a total clean freak, hire someone who is to help you out until you sell.
If you’re a slob, consider finding somewhere else to live while you show your house. Maybe you can bribe your cleanest friend to trade houses with you? Seriously, keeping everything immaculate really helps buyers feel comfortable in your space. Nothing stops people faster from buying faster than feeling grossed out.
2) Cultivate a cohesive, neutral style. You don’t have to paint everything off-white. In fact, some subtle colors can really help change the perception of spaces – for example, a soft yellow will help brighten up a dark kitchen, while a deep dark blue or green will help a bright bedroom to feel like a calm place to sleep (but be careful, dark colors will also make rooms feel small).
Spend the money to get high-quality paint and professional help. Subconsciously people will pay more money for a property with just the right colors and very neat lines – it makes the home feel better built, even though it’s just paint.
Optical illusions are real, and psychologists study this stuff. Don’t believe me?
Look it up. And don’t neglect the outside and just do the inside, or anything else that’s unbalanced.
3) Fix or replace anything that’s broken. Yeah, it might feel like a waste of money to spend an extra couple hundred bucks on a dishwasher that someone else might just pull out and replace again. But really, quite a few buyers will get a home inspection and use the opportunity to negotiate with you. As the seller, you’ll often end up paying more if you try to hide neglected maintenance from the purchaser – and of course you don’t want to be guilty of fraud.
Make sure you stay in compliance with all the laws.
It’s often a good use of money to hire a home inspector to come through before you put the property on the market. If you ask in advance, they’ll often charge you a tiny rate to come back after you’ve done a bunch of minor repairs and deliver you a clean bill of health. Prospective buyers love to see an independent report on the condition of the house – it makes them feel very comfortable with the purchase.
4) Make only necessary improvements. The biggest mistake people make when getting their house ready to sell is over-improving. They often spend too much money on customized frills that can’t be recovered in the sale.
Paint is about the only safe investment – it’s easy to overspend on almost everything else, and it’s easy to get ripped off by unscrupulous contractors.
It’s important to know what improvements will produce a return on investment to avoid wasting money.
5) Get expert opinions. You should definitely find at least a few decent real estate brokers who will help you price your property, but be honest with them. If you’re going to market the property on your own, don’t make enemies by lying about your intentions. Great brokers are rare, but they make more money for their clients than they earn.
6) Have a really great marketing plan. Again, great brokers earn their value by doing this work and spreading the advertising expenses across many clients. It’s pretty expensive and time-consuming to start from scratch on your own, but if you’re already a marketing expert you’re ahead of the pack.
If you’re not, spend the time listening to what the best brokers do to sell houses in Reno – just to educate yourself on the options.
7) Get a cash offer. We buy houses all over the Reno area, and we do all the work so you don’t have to deal with any of this stuff.
——————————————-

Don’t Want To Do The Things Above Yourself? But Still Want To Sell Your Reno NV House Fast?

While everyone wants to get as much as they possibly can from their house sale… not everyone can do the things or wants to do the things required to sell it at full retail value to an end buyer.
Doing the repairs, cleaning the property up, upgrading the property, marketing the property… those all take money and can take lots of time.
If you have the funds to do these things... AND you can wait the 3-9 months it takes to sell houses in this market… then you’ll be better off financially to do those things then list it on the MLS (the main property listing service that real estate agents use).
If you don’t have the funds to do these things... AND can’t wait months to sell your house… then you may be a perfect fit for our local Reno house buying service. You’ll submit basic info about your house over here on our website, we’ll evaluate your house, we’ll make you a fair all-cash offer on your house, and you can decide if it’s a fit for you.
Then we can close FAST (often times within 7 days) if you need us to.
Take a look at what we’ll pay you not to do anything versus the time, expense and hassle involved with doing it on your own.
So if you’re still asking “what do I need to do to sell my house in Reno“… now you have 2 solid options.
Either…

1. Fix the property up and get it all nice and ready with the steps above to sell it at top dollar
2. Let us do all of the work and we’ll make you a cash offer on your house in AS-IS condition. This saves you time, money, and gets the hassle off of your hands.

If you need to sell a property near Reno, we can help you.
We buy properties like yours from people who need to sell fast.

We’d like to make you a fair offer on your Reno house

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

We buy houses in Reno companies – are they credible?

If you’ve been driving around in Reno, chances are you’ve seen some billboards advertising companies that buy houses. Often times they say things like “We Buy Reno Houses!” or “Cash For Your House”.

Are these “we buy houses in Reno companies” credible?

How do I know if the local house buying companies out there are honest and credible?
Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.
Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.
There are people who are really great, ethical folks who improve their neighborhoods one property at a time.
And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.
Yes, they are out there.
We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.
But let’s not focus on the negative – at least not yet.
First, let’s cover exactly what the best house-flippers are doing.

What Reputable Reno House Buyers Are Doing

• Helping folks improve their lives by accessing the money they needright away. People often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind.
• Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and month for a sale.
• Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Reno NV.
• Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
• Increasing the value of Reno neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Reno.
• Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure.  Again, improving our neighborhoods.

Pretty cool stuff, right?
Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring.
Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving parts.
So let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.

How To Ensure You’re Working With A Reputable Local House Buyer

When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.
Ask open-ended questions like:

• How do you help your clients?
• What do you do for people?
• Can you tell me more about your services?
• What aspect of your business makes you the most proud?
• How would you describe your investment philosophy?
• How can I know that you’ll close on my house when you say you will?

Second, look for tell tale signs of tactics that those few shady operators tend to use.

• “Kitchen table closings” – If a property buyer tries to get you to sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be leery.  Most reputable house buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
• Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision.  The reason reputable house buying services like ours at Oracle Property Solutions do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule.  If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.

Most scammers are looking for a quick score, and not an in-depth interview.
Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.
True investors who run honest and ethical Reno house buying services, however, are building long-term businesses based on relationships and community development.
So when you’re looking at one of the “we buy houses in Reno companies“… never be afraid to ask questions!

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

Understanding the Foreclosure Process in NV

Understanding the foreclosure process in NV is an important part of navigating your own home foreclosure.
Before we dive in…

What is foreclosure anyway?

Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments.
Foreclosure is no fun.  But just know that it’s not the end of the world.
When you know how foreclosure in NV works… it arms you with the knowledge to make sure you navigate it well and come out the other end as well as possible.

The Basic Stages of A Foreclosure

There’s a few stages that are important to any foreclosure process.
Foreclosure works differently in different states around the country.
The two ways different states use to foreclose upon a property are: judicial sale or power of sale.
Connect with us by calling (775) 430-5200 or through our contact page to have us walk you through the specific foreclosure process here locally in Reno.
In either scenario, foreclosure typically doesn’t go to court until 3-6 months of missed payments have elapsed. Usually (but not always), a lender will send out many notices that you are in arrears – overdue or behind in your payment.

Under Judicial Foreclosure:

• Your mortgage lender must file suit in the court system.
• You’ll get a letter from the court demanding payment.
• Assuming the loan is valid, you’ll have 30 days to bring payment to court to avoid foreclosure (and sometimes that can be extended).
• If you don’t pay during the payment period, a judgment will be entered and the lender can request the sale of your property – usually through an auction.
• Once the property is sold, the sheriff serves an eviction notice and forces you to immediately vacate the property.

Under Power of Sale (or Non Judicial Foreclosure):

• The mortgage lender serves you with papers demanding payment, and the courts are not required – although the process may be subject to judicial review.
• After the established waiting period has elapsed, a deed of trust is drawn up and control of your property is transferred to a trustee.
• The trustee can then sell your property for the lender at a public auction (notice must be given).

Anyone who has an interest in the property must be notified during either type of foreclosure.
For example, any contractors or banks with liens against a foreclosed property are entitled to collect from the proceedings of an auction.

What Happens After A Foreclosure Auction?

After a foreclosure is complete, the loan amount is paid off with the sale proceeds.
Sometimes, if the sale of the property at auction isn’t enough to pay off the loan, a deficiency judgment can be issued against the borrower.
A deficiency judgement is where the bank gets a judgement against you, the borrower, for the remaining funds owed to the bank on the loan amount after the foreclosure sale.

Some states limit the amount owed in a deficiency judgment to the fair value of the property at the time of sale, while other states will allow the full loan amount to be assessed against the borrower.
Here’s a great resource that lists the state by state deficiency judgement laws, since every state is different.
Generally, it’s best to avoid a foreclosure auction. Instead, call up the bank, or work with a reputable real estate firm like us at Oracle Property Solutions to help you negotiate discounts off the amount owed to avoid having to carry out a foreclosure.
Experienced investors can help you by negotiating directly with banks to lower the amount you owe in a sale – or even eliminate it, even if your home is worth less than you owe.
If you need to sell a property near Reno, we can help you.
We buy houses in Reno NV like yours from people who need to sell fast.

Give us a call anytime (775) 430-5200 or
fill out the form on this website today! >>

Other Foreclosure Resources For Reno NV HomeOwners:

• Resources On Avoiding Foreclosure from the U.S. Goverment >>

Can I sell my Reno house in foreclosure?

Do you have a Reno NV house that’s in foreclosure right now? Many people going through the NV foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell your property prior to foreclosure. Generally, the sooner you start, the better.

Selling Your Reno House In Foreclosure – How it works

There are a lot of folks in Reno who have faced foreclosure in the past few years. Since the changes in the economy, a lot of banks have been shifting the way that they deal with foreclosures.
Remember, the bank that carries your mortgage doesn’t want to see your home abandoned or auctioned. The bank stands to make the most amount of money by helping you to avoid foreclosure by selling your property. However, dealing with banks during any part of the foreclosure process can be a huge pain. Over many years of working with banks to help stop the foreclosure process, we’ve learned a few tricks that will help you.

Working With Banks During The Foreclosure Process

1. Always over-communicate with the bank (but don’t be annoying). Call with updates and show them what you’re doing to get your property sold.
2. Don’t miss deadlines. If anything will be late, call with advance notice.
3. Remember that bankers are people too. Don’t be overly dramatic, but explaining your situation and demonstrating your willingness to fix the problems to make it right goes a long way.
4. Start keeping careful records of every conversation you have with the bank. Nothing counts unless it is in writing. Make sure to keep track of each person you speak with, what they said, and any promises made.
5. Explore all your options, including short sale, loan modifications, and bankruptcy. Depending on the details of your personal situation, you may be able to dramatically slow down the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure.
6. Don’t wait. Unfortunately, time is not on your side. The further behind you become on payments, the less options are available to you.

If you’re looking to sell your Reno house in foreclosure fast, call us now.
We specialize in helping homeowners in situations including foreclosure around Reno and the whole state of NV get out of difficult situations and avoid foreclosure. In certain circumstances we can negotiate directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your property with cash.
If you need to sell a property near Reno, we can help you.
We buy properties like yours from people who need to sell fast.

Give us a call at (775) 430-5200 anytime
or fill out the form over here today! >>

Selling My House for Cash in Reno

Should you take a cash offer for your Reno house?
Not always.
I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.

Selling My House For Cash In Reno

If you’re selling a property in Reno to an end buyer (the person living in the home), chances are good it won’t be bought with cash.
Most transactions close with a bank loan, because most buyers don’t have the funds.
This isn’t news.
Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin.
At Oracle Property Solutions we don’t spread ourselves too thin, because our primary goal is to build stable communities around Reno.
In most cases, we’ll pay cash for your Reno NV property.

The Benefits Of An All Cash Sale Of Your House

The benefits of a cash sale are real:

• money fast
• when you need it most

You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be told that the lender eliminated the program and you’re back to square one.
You don’t have to list your house with a real estate agent and pay a huge commission.
You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. We don’t waste your time. This is our business.
You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors.
You don’t need to deal with any paperwork. We have it all covered.

Working With A Reputable Reno House Buyer / Investor

Always make sure that your cash buyer is reputable. At Oracle Property Solutions, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable.
We pride ourselves on being a strong part of the Reno community.  Our local mission is to help local Reno NV homeowners who need to sell your Reno house fast do it quickly, at a price fair to you, and to help improve the beauty of neighborhoods one house at a time.
If you’re wondering about selling your house for cash in Reno or just need to sell a property near Reno, we can help you.
We buy properties like yours from people who need to sell fast.

Give us a call anytime at (775) 430-5200 or
fill out the form on this website today! >>

How do I sell my house without an agent in Reno?

If you’re looking to sell your house or investment property in Reno without using a real estate agent, we can help.
Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.
After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, NV brokers and real estate agents can be very useful and earn their commission. Not always.

There’s a few ways to avoid paying high commissions in your NV sale.

First, there’s a tricky custom that you’ve gotta know about.
In most sales in Reno, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.
Doesn’t make much sense, right?
Why should you pay for the agent on the other side of the table?
Truthfully, it defies logic – it’s just what’s typically done.
You can use that to your advantage in a few ways.
First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.
Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Reno buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.
You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.
On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Reno.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Reno use to access information for their clients on the houses, condos, land and investment properties for sale, along with data on the sold prices.
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Reno, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Reno to the MLS, information on your property will end up on most of the major sites within a few days.
Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open houses in Reno NV can be a great way to sell property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.

To effectively sell your property on your own, you have to market it well.

Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.
In theory, real estate agents charge big commissions because they have to spend a lot of money up front to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.
Certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.

If you want to avoid paying any commissions, you can also sell your house to investors like us for CASH

We fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Reno houses, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in NV.
We’re investors who care a lot about Reno.
We close fast and pay cash in as little as just 3-5 days. Give us a call now at (775) 430-5200 or fill out the short form over here.

Sell Your Reno House Fast – Get A Cash Offer Today

Selling My House Fast in Reno

You need to sell your Reno house fast right?  If you’re saying… “I’m having the toughest time selling my house fast in Reno“… you’re at the right place 🙂
These tips will help you get your property sold.
[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Oracle Property Solutions

Selling My House Fast in Reno – Your Options

Lately the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property.  So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us.
Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets.
That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly. 
You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.
If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase.

But how do you get cash offers fast?

You can get a fair cash offer from us actually today.  We’re buying properties in the Reno NV area, which we’re local to… and we buy Reno houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house.
If your local Reno property qualifies, we can buy your house fast.

Just fill out the form or pick up the phone and call us anytime at (775) 430-5200

October 12, 2016

By Larry Crickon

You need to sell your Reno house fast right?  If you’re saying… “I’m having the toughest time selling my house fast in Reno“… you’re at the right place 🙂
These tips will help you get your property sold.
[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Oracle Property Solutions

Selling My House Fast in Reno – Your Options

Lately the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property.  So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us.
Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets.
That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly. 
You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.
If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase.

But how do you get cash offers fast?

You can get a fair cash offer from us actually today.  We’re buying properties in the Reno NV area, which we’re local to… and we buy Reno houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house.
If your local Reno property qualifies, we can buy your house fast.

Just fill out the form or pick up the phone and call us anytime at (775) 430-5200

I’m Relocating And Need To Sell My House In Reno

Relocation is a complicated exercise in coordination. We get local Reno home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Reno“.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Reno NV right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?

Don’t Agonize – Organize.

You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Reno, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Reno NV house fast?

Relocating And Need To Sell My House Fast In Reno… Your Options And Steps

First…

1. Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property.  Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
2. Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
3. Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money.  Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
4. Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house.  The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money.  That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
5. Take action!: Whatever you decide… decide and take action.  If you want to go the real estate agent route, great! Find a reputable local Reno NV agent.  If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂

If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.

Who Is Oracle Property Solutions And How Can We Help You If You’re Relocating And Need To Sell In Reno?

We’re investors. We support our families and beautify neighborhoods by buying houses from Reno home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…

• Need to sell fast (we can close in as little as 7 days if you need us to)
• Don’t want to hassle with listing a property with an agent
• Don’t want to pay real estate agent fees
• Can’t sell their house for one reason or another (we buy houses in as-is condition)
• … or a variety of other reasons

But we’re passionate people, and we believe in the Reno community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Reno real estate, so please feel free to call us at (775) 430-5200 and chat with us anytime.