Tips To Sell Your Springfield Home Fast

July 24, 2013 by Leave a Comment

How can you sell your Springfield area house fast?

Many homeowners are facing foreclosure, tired of the burden of negative equity, need to relocate, or just need to sell their current Springfield home fast in order to capitalize on the market. However, what can they do to ensure it gets sold quickly?

Price is one of the most important factors when deciding how to sell your Western MA home. You’ve no doubt heard it before, but the importance of this cannot be underestimated. Over pricing your home won’t mean that you’ll get the chance to negotiate with potential buyers. Once you are beyond a certain range, your home listing will be instantly dismissed and ignored, resulting in lost time.

This carries over to its general visibility by potential buyers. If it isn’t seen and if home buyers don’t know it’s for sale, they obviously aren’t going to be contacting you to make offers on it. If you are trying to sell it yourself, you’ll definitely want to go above and beyond sticking a for sale sign in your front yard and taking out a newspaper ad. You’ll need online visibility to even reach out to cash buyers.

Of course, all of the above won’t matter much in your effort to sell your home fast if you don’t make it readily available for showing. Springfield area home buyers are in a wild rush and if they can’t get in to see your home within 24 hours of contacting you, they’ll find something else and make an immediate offer on it.

While overcoming the above hurdles, remember that first impressions are priceless. If you are in a hurry to sell your Springfield house, you may not have time or the funds to do much in the way of serious home improvements. However, you can certainly still spring for sprucing up the yard and de-cluttering to make it more appealing. Doing so may increase the perceived value so that visitors actually make reasonable offers.

Finally, watch who you contract with. Unqualified buyers could keep you tied up for months on end without ever resulting in a real estate closing.

If you need to sell your Springfield home fast and don’t want to wait for a traditional buyer, who my not even be qualified, contact Hampden Homebuyers today at 413-241-6859 or visit our website at www.HampdenHomebuyers.com.

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Why Should You Contact Hampden Homebuyers to Sell Your House Fast?

June 13, 2013 by Leave a Comment
Sell house Springfield MA

Sell house Springfield MA

Hampden Homebuyers specializes in buying houses in the Springfield, Chicopee, Holyoke metro area with cash in “as is” condition. So if your Springfield area house needs minor TLC and updating to major renovation and repair contacting Hampden Homebuyers to sell your house fast is a great place to start the home sales process.

Some sellers who have fixer properties to sell will first call a realtor in hopes that they can help them sell their difficult property fast. The reality is that most Realtors don’t really know how to accurately valuate a property that is in need of major repairs nor do most of them have real buyers for those types of properties. Because of this you run the risk of listing your property for a long period of time before it will sell and then potentially dealing with sale fails from unqualified buyers. This is why your first step to selling a property that needs major repair in “as is” condition should be to contact Hampden Homebuyers! We are professional house buyers who are quickly and accurately able to give you a fair priced cash offer within 24 hours of viewing your property. Since we purchase properties with cash there is never a chance of financing falling through and we even allow our sellers to pick their closing dates! Also because we buy and renovate so many houses we are able to give you a fair and accurate price in a very timely manner without the risk of a sale fail!

Sell Your house fast and in “as is” condition by contacting Hampden Homebuyers today at 413-248-SELL or www.MyHouseSoldNow.com  .

*We Buy Houses with Cash

*We Will Pay a Fair Price For Your Property!

*We Buy Houses in “AS IS” Condition!

*Sell Your House Fast in Springfield, Chicopee, Holyoke, East Longmeadow, Wilbraham, Ludlow and surrounding Western MA towns!

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What Factors Determine a Home’s Value

April 30, 2013 by Leave a Comment

Hello all my great readers!!

Cory Lowe and Trae Mindiola over at RepublicPropertyTax.com put together an informative article for our site about some of the major factors that determine a home’s value. Cory and Trae specialize in working with property owners to help them save money on their property taxes.

 

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What Factors Determine a Home’s Value

You may not worry much about your home’s value, but it will be important when you finally decide that it is time to sell your house. Even if selling your home is in the distant future, there are things you can do now to make sure that you get top dollar for the property. Here are some factors that can affect the value of your home and how much you will be able to get for it.

Updates

The market is filled with homes that can be customized to suit the buyers, which means that your home will lose value if you have not done any updates. In order to improve your home, install granite countertops, buy modern appliances and install new carpet or flooring. You may even want to add a fresh coat of paint to the walls or update the light fixtures in each room.

Structural Problems

If your house has any issues with the foundation or the structure itself, then your home’s value could drop drastically. In order to get the best price possible, you should make sure that the roof is in good condition and that there are no visible signs of foundation problems. You also should check the drywall of your home and identify any cracks that are greater than .25 inches wide.

Curb Appeal

Potential buyers will begin to make judgments about your home as soon as it comes into view, which means that you need to keep the exterior looking as nice as possible. If you have siding, make sure that it is clean and does not have chipped or peeling paint. Mow the grass, maintain the garden and remove any trash or debris from the property.

Outdoor Additions

While it may seem as though the value of your home should only be based on the house itself, this is not the case. The other structures and features on the property also have strong influences on how much you can get for your home. Swimming pools can be either a detriment or a benefit depending on the market. A nice garage will raise the home’s value, and a good fence will appeal to those who want to define property lines or keep their pets and children safe.

Location

The location of your home is the primary factor in determining its value. If you are close to railroad tracks or an airport, potential buyers may be concerned about the noise pollution. Nearby foreclosures could also cause the value of your home to fall, as will numerous rental properties in the neighborhood. Your home’s value may also be affected by rezoning laws and current crime rates. In order to reduce the negative effects of your home’s location, keep it looking as appealing and pristine as possible.

The value of your home is determined by many things, and you may not have control over all of the factors. The best thing you can do to improve your home’s value is to keep it looking clean and maintained so that any negative features will seem inconsequential.

Trae Mindiola works for Republic Property Tax in Houston, Texas. They specialize in commercial property tax disputes along with residential tax appeals.

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Garcia St – Part Deux – Flipping Houses

January 28, 2013 by 4 Comments

Greetings all my Flipping Followers.

It’s Matt and the team at Hampden Homebuyers coming at you with another great installment of our before and after series.

We’ve completed our rehab and sold another great property on Garcia St. You may remember back to last fall and winter when we renovated the home at 32 Garcia St. We ended up getting tons of offers on 32 Garcia St and sold it for well above our list price……. Well we were fortunate enough to purchase the property one house down from that project.

This Garcia St – Part 2 is a larger cape that needed a fair amount of work. We did a new roof, new siding, and a new kitchen. We converted the second floor half bath into a full bath and knocked out a wall or two to open up the floorplan a bit more. As usual, we did new flooring, fresh paint and just straight up made the home look awesome.

Here is a look at the “somewhat” before pictures. The guys beat me into the house and got some of the demo done before I could get all my photos.

Garcia St House Flip

 

Kitchen Demo'd

Kitchen Demo’d

 

Wall Being Removed between Kitchen and Dining Room

Wall Being Removed between Kitchen and Dining Room

First Floor Bath

First Floor Bath

Bedroom

Bedroom

Dining Room looking into Living Room

Dining Room looking into Living Room

Eat In Kitchen Area

Eat In Kitchen Area

Half Bath we Converted to Full Bath

Half Bath we Converted to Full Bath

 

 

 

 

So that is a look at the before shots. The house is somewhat dismantled but you get the general idea.

The renovation work went fairly quick with no major hiccups.

We built out a nice stand up shower in the second floor half bath to give us a full bath on each floor. We tiled that whole shower and put in our signature shower panel, it came out really sweet.

In the kitchen we chose to go with the new darker cabinets that we have been using and we topped those off with some light Cashmere White granite.

We did a nice stainless steel appliance package and recessed the fridge into the wall to give the kitchen some more space.

Here is a look at the after pic’s;

Garcia St House Flipped

Garcia St House Flipped

New Roof, New Siding, New Garage Door

New Roof, New Siding, New Garage Door

Kitchen

Kitchen

Kitchen w/ Eat In Area

Kitchen w/ Eat In Area

View into Kitchen from Dining Room with Opened up Wall

View into Kitchen from Dining Room with Opened up Wall

Living Room Staged

Living Room Staged

Living Room

Living Room

Renovated Bathroom

Renovated Bathroom

Bedroom

Bedroom

Tiled Shower

Tiled Shower

Living Room looking Good

Living Room looking Good

Granite Counters

Granite Counters… Tile Backsplash

Pimp Kitchen

Pimp Kitchen

 

 

 

Damn, another sweet rehab!!

We received a real strong offer on this home before we even got to put it on the market; just a few days before Christmas.

 

 

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New Short Sale Closed and Self Directed IRA’s

June 13, 2010 by 2 Comments

We spent the last couple days in Boston at a Pensco Trust Company symposium learning about all sorts of different alternative investments that can be made using a self-directed IRA. There’s so much you can do with your IRA beyond just buying stocks, bonds and mutual funds. Did you know you can buy and sell property within your IRA tax free?? You can wholesale real estate contracts, buy rental property, give notes and mortgages, and buy tax liens.

Since the majority of our private lenders use self-directed IRA money to lend on our deals, we find it helpful to stay on top of whats happening in this area. If you have any questions or want more info on self-directed IRA’s leave a comment below or shoot us an email at info@hampdenhomebuyers.com.

Now onto one of our latest short sale deals.

We started negotiations on the property at 35 Dorothy Ave in the beginning of January and had an approval by mid March. This is really fast seeing as how most of our other short sale deals have taken 6 months to a year to get approvals. I think this one went so fast because we were dealing with a small servicer and we had direct access to the Sr. Asset Manager who was very responsive and proactive in his approach to getting the approval. This asset manager would actually call and email us looking for updates if he hadn’t spoken to us in a few days. This is a very refreshing approach as compared to dealing with the likes of Bank of America or Citi, where every little task takes them 30 days to assign or review.

So we closed on Dorothy Ave right at the end of April. This is a real cute ranch home located in a great neighborhood in Chicopee.  It needs the usual updates; kitchen, bathroom, etc…. but the biggest improvements we are going to make is converting it from a 2 bedroom to a 3 bedroom and finishing off the basement. Adding bedrooms and additional square footage is a sure fire way to raise the value of any house!!!

Here are some pictures: 

This house will be renovated and for sale in Chicopee MA

35 Dorothy Ave, Chicopee MA

Garage - 35 Dorothy Ave

Overgrown Back Yard

Kitchen

Kitchen 2

Bathroom

Living Room

Master Bedroom

Well that’s it for now.

If you like our blog posts you can subscribe to the email update feature located in the upper right hand corner of the site under “Subscribe to this Blog”. This way every time we post something new you will be automatically notified, and you won’t miss any of our great updates!!!!

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Freezing My @$$ Off!!

December 30, 2009 by 5 Comments

Wow, it was bitterly cold today. The high was 16 but the wind was whipping at 30 mph so it sent a chill right through you…. it was almost unbearable.  Even my little snowdog Teddy couldn’t take it. Usually when I let him out to do his business in the morning he plays in the snow or meanders around sniffing the ground for 20 minutes, not today, he did his thing and raced back inside within a minute and headed straight for my jacket to warm up!! 

Teddy Warming Up

Well, enough complaining about the weather… not much you can do about it anyways, except move down south (Hi Mom and Dad).

So it looks like the two family on Leete St will be the last rehab that we buy in 2009. We’re hoping to close on the sale of 37 Mansfield St before the new year, but I’m not sure thats going to happen. We need the building inspector to sign off on our Certificate of Occupancy in order to close, and he is away on vacation and nobody within the building department seems to know when he is coming back???

Heres a look at Leete St. I don’t have any inside pictures because it is still boarded and I didn’t have my screw gun to get inside. The great thing about this property is that we’ve got a homeless guy living in the shed behind the house…. I’m sure he’s not gonna want to pay us rent so I think we’ll have to evict him!!!

Leete St

 

This house is located in a section of town we normally don’t buy in, but it was a good deal and we are looking to establish a good business relationship with the private lender who owned the property.

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New Rehab… 143 Lloyd Ave

December 24, 2009 by 2 Comments

So, it’s a few days before christmas, and it seems like everybodys on vacation this week…. but not us, we’ve been busy closing two deals over the last two days. The first deal was the purchase of a 2 family rehab located on Leete St in Springfield. I don’t have any pictures of this property but I’ll be getting some to post shortly. The second was the sale of our finished rehab at 93 White St in Westfield.

We also started work on a new project that we purchased a few weeks back. The house is located at 143 Lloyd Ave in Springfield. We purchased this property from the next door neighbor of our 17 Bessemer St house. He approached us as we were finishing up the renovation of Bessemer and said he had inherited his mother’s house, it needed a good amount of work, and he wanted to know if we would be interested in buying it. We took a look at the house and made him an offer…. after much negotiating with him and his brothers, we were able to come to an agreement. We had to wait a few months for the house to go through probate before we could close. It’s going to be a pretty easy rehab as the house is your basic single level ranch; we’re doing a new roof, new siding, new gutters, new windows, new kitchen, new bathroom, redo all the hardwoods, and convert the breezeway into a dining room. The house did have an inground pool that had not been maintained over the years. The liner was gone and trees were growing up out of the middle of the pool. Instead of spending some big bucks to fix the pool, we just crushed the concrete and filled it in.

Here are some before pictures;

143 Lloyd Ave

Backyard after Filling the Pool In

Rear of House

Kitchen 1

Kitchen 2

Kitchen/Eat In Area

Bathroom 1

Bathroom 2

Living Room 1

Living Room 2

Bedroom

Breezeway being Converted to Dining Area

Basement

I didn’t get any pictures of the pool before we filled it in as the guys were too quick in getting over there… too bad as it would have made a good video. This is going to be a great little house and will be perfect for a first time buyer once we are finished with the renovations.

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A Look at 209 Gifford St, Springfield MA

November 20, 2009 by Leave a Comment

I posted a video of this property last week but I wanted to post a couple pictures to show you what we’re up against at this house. I’m amazed that it wasn’t condemned…. actually if the city knew just how bad it was inside I’m pretty sure it would have been condemned.

It’s not the worst house we’ve done but it is up there…. the house is kind of a cross between Bessemer St and the Ware House. It is definitely real spooky inside!!

Gifford St

Gifford

Gifford - rear of house

Back Roof... notice the sweater coming through the hole in the roof! Who needs a tarp!

Living Room 1

Living Room 2

Kitchen.... love the chair!!

Bathroom

Dining Room/Bedroom

Bedroom - First Floor

Bathroom Ceiling

Second Floor Bedroom

Basement

Basement 2

The sweater coming through the hole in the roof is classic…. as you can see by the holes in the ceiling it didn’t do much to stop the water from coming in!! 

The house is all gutted out now and ready to be framed. I spent the day there today and we had a lot of fun. I’ll post a video and some pictures of the action there today, you’re not gonna want to miss it!!!!!

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