+359 878 91 9292
info@cash4bulgarianproperties.com
Cash Logo New Final

Are you truly happy with your property in BANSKO, BULGARIA? While there are several upsides to homeownership, as with everything in life there is always a cost to benefits. Over time, circumstances can change meaning that what may have once made your dream BANSKO home is an asset no longer serves you. We will explore these five ways to know your house in BANSKO RESORT is more trouble than it’s worth.

Taxes or Fees
BANSKO Property taxes may rise dramatically, depending on market fluctuations and could outpace any increase in your income over the same time period. Another expense that may be unplanned is tax assessments or homeowners association (HOA) fees for special projects, which can be extremely expensive. If you find that it is costing you a lot of money just to own your BANSKO property because of these fees or taxes, your house in BANSKO is likely more trouble financially than it is worth.

Sell Property In Bansko Fast

Repairs
As homes age, the progression of repairs usually increases in both frequency and expense. Eventually between the effects of time and wear and tear, major systems and appliances wear out. Depending on the age and condition of the major structural elements, you could be facing thousands in structural or foundation issues, or even plumbing or roofing repairs. At the same time, the decor of the home usually needs at minimum a touch up, if not a complete updating. You may even need to consider major remodeling. If you are facing a great deal of upgrades and repairs, your house in BANSKO is probably much more trouble than it’s worth.

Maintenance
Maintaining a home can become extremely burdensome, especially if your circumstances change. While you may have had the time or the ability to handle all of the responsibilities of caring for your property when you purchased your BANSKO home, it may have become impossible physically or financially. Allowing routine maintenance to be delayed for prolonged periods can mean thousands of dollars in damage to your home, or worse. Should an issue such as an overgrown tree cause damage from falling limbs, you could be facing legal fees and penalties as well. Depending on the size of your property, hiring help could be quite costly as well, meaning your house in BANSKO is more trouble than it’s worth.

Downsizing or Upsizing
If your home isn’t working for your current needs, your apartment in BANSKO is more trouble than it’s worth. As time passes and families grow, they often find the house that worked perfectly when it was purchased has become much too small. Later in life, as homeowners begin to focus on retirement years, they often prefer to live in and maintain much less home. In either event, when your home just doesn’t suit you, it’s time to move on.

Difficult to Rent
If you can afford to hold the property, turning it into an investment property as a rental, your home could become a dependable source of monthly income. However, if your home is not in what is considered to be a good location in BANSKO, which would be desirable to tenants, it may be difficult if not impossible to find good tenants. Should you find yourself in this situation, your property in BANSKO is more trouble than it’s worth.

Would you like to avoid paying for these and other expensive costs homeowners face when their homes in BANSKO no longer suit their lifestyle? You can avoid these and many more unexpected costs by selling directly to Cash 4 Bulgarian Properties! Please give us a call today at + 359 878 60 77 22 to discuss these and other reasons why your house in BANSKO SKI RESORT may just be more trouble than it may be worth. To learn more about how to end your burdens of an unwanted property, send us a message or give us a call today!

It’s been said that selling property in BANSKO can be more stressful than many other major life events. When you’re under duress and need to sell quickly, additional strain is added to the mix. We’ll help you by exploring your options when selling your BANSKO apartment.

Exploring All of Your Options When Selling Your Property in BANSKO

Listing BANSKO Agent

 

Let’s explore selling your apartment in BANSKO through a professional real estate agent, which is the traditional method. Agents are paid based on a percentage of the sale price in addition to other possible fees they or their broker may also charge. Market conditions can impact your asking price in this demand-driven market.

You’ll need to invest in updates and repairs in preparation for showings while playing a waiting game until the right buyer comes along. Usually requiring inspections of the property, they may also require repairs prior to closing. Sadly, you could end up with a buyer that doesn’t qualify for the mortgage, after taking all of the steps to meet the qualifications from banks and waiting for the mortgage underwriting process and property inspection.

Cash Offer

Because professional buyers usually offer cash, you can expect a quick closing on your property in BANSKO. The sale is usually as-is, which speeds the process even further, saving you both time and money. This also alleviates you of the legal responsibilities associated with disclosure.

Professional BANSKO buyers are taking higher risks, offer faster cash sales, and usually pay the closing costs. For these reasons, their offers are usually lower than properties sold listed on the property portals. Regrettably, there are less than honest buyers who may try to take advantage of time or financial constraints you reveal to them, so research carefully just who you’re working with. At Cash 4 Bulgarian Properties, we are dedicated to making offers to BANSKO homeowners that are fair and well thought out.

For Sale By Owner

Selling a property in BANSKO on your own may sound appealing because you will be controlling everything. Professionals, such as BANSKO real estate agents or auctioneers, charge fees for their services, cutting into your profits. Should you be experienced regarding legal issues where real estate advertisements and transactions are involved, you can save a great deal of money on the deal. However, it can be extremely costly and legally devastating to make an error on either advertising or how you handle all of the aspects of your sale with the buyer.

Cash 4 Bansko Bulgaria

Short Sale

Depending on the circumstances you find yourself in, you may be able to negotiate a short sale with your lender. You will want to note that this is a very slow-moving process which means that the lender has agreed to allow a sale for less than the remaining debt on the loan.

Auction

Avoiding the headaches of showing your BANSKO apartment is one of the favorable aspects of auctions. Additionally, these properties close quickly, selling as-is, so you won’t need to continue to pour time and money into repairs and upkeep of your property in Bansko, Bulgaria.

Keep in mind the usual fee for their service is a rather high 10 percent of the final purchase price. Because most auctions charge their fees to the buyer, lower bids are likely to be made in the attempt on the buyer’s part to pay a lower fee. Make sure you’re aware ahead of time if you’ll be responsible for their fee, which takes more away from your bottom line. Actually, realizing a sale of the property at auction isn’t guaranteed, there could low attendance or several properties up for auction at the same time, leading to lower bids

We’re happy to further explore all of the options for getting started now on selling your property in BANSKO. Just call Cash 4 Bulgarian Properties today at + 359 878 60 77 22 or send us a message to learn more!

You’ve come to the difficult decision to sell your BANSKO apartment, but you realize there is some damage to the property. If you don’t have the extra cash to make the repairs before selling, here are 5 tips for selling your property with damage in BANSKO SKI RESORT.

Tip #1: Include As-Is in Your Listing

One way to sell your property with damage in BANSKO would be to include the term “As-Is” in your property listing. This will signify that you are not willing to make repairs to the property before the sale, and any interested buyers will understand this. You must take into consideration that using “As-Is” in your listing will also signify that there is likely something wrong with your BANSKO property and may deter buyers, especially since you will not fix any damage. On the other hand, there may be BANSKO investors with large enough portfolios who may not mind As-Is listings.

Tip #2: Inspect and Disclose Everything!

Another tip for selling your house with damage in BANSKO, BULGARIA is to have the property inspected and make sure to disclose any known damage to potential buyers. Making these inspections and disclosures available on your listing will help the buyers determine how severe the damage is and if they are willing to repair it if they buy it. Some BANSKO properties may be in such disrepair that it is less expensive to have the structure demolished and build a new structure to the buyer’s taste. Some properties in BANSKO have such a great location that the land itself is worth most of the asking price and it is worth buying and tearing down the structure, especially if it is a great mountainfront property or has some other fantastic feature.

0 02 05 D762afa7f7e81a85014d27205097dad1097fa81ca811710f9be811769468514b A60f18ca

Tip #3: Visually Spruce it Up

Another tip for selling your property with damage in BANSKO RESORT is to visually spruce it up. The damage might not seem so overwhelming if the rest of the property is taken care of. This may include a fresh coat of paint, a few new flowers in the flower bed, or just simply pressure washing the property. This will help make the property look more promising and more ready to be occupied. Keep in mind the repairs that will need to be made so you don’t waste your money improving the look of an area that will just be destroyed during repairs anyway.

Tip #4: Entertain “low-ball” offers

Another tip for selling your apartment with damage in BANSKO is to entertain “low-ball” offers. If you have added As-Is to your listing, disclosed all known damage, and visually spruced up your BANSKO property, you will most likely be receiving many offers that you feel are a bit too low. You may need to entertain a few of these offers and really take them into consideration. With damage, you will probably not receive offers near the average market value, so you may have to sell at a lower amount than you maybe would prefer.

Tip #5:  Sell Directly to a BANSKO Home Buyer

One of the easiest ways to sell your property with damage in BANSKO is to sell directly to a professional home buyer. Most of these buyers are in search of any property they can get their hands on and are willing to purchase them with damage. Most of these home buyers will also make you cash offers with short closing time frames. This would be the ideal buyer to go with because you do not have to work with a real estate professional, you probably won’t have to deal with showings or order inspections or do any improvements at all to your BANSKO property. You will also have to be prepared to receive a lower than market value offer from these BANSKO buyers since they are willing to put in all of the work and may also pay for your closing costs!

To discuss these and other tips for selling your property with damage in BANSKO, give Cash 4 Bulgarian Properties a call at + 359 878 60 77 22 or send us a message now!

Do you need to sell your apartment in BANSKO? Learn how you can take the emotion out of selling in our latest post!

 

Selling your property in BANSKO isn’t always easy both literally and emotionally. If you have lived in the home for a long time, you will likely feel very attached to the property, even if you know it’s time to move. It can be difficult to remove your emotions from the process, treating the transaction as nothing but business. While it’s great to think back on your property fondly, by removing some of the emotion, you will be able to make the transition much easier.

Think About What You Are Gaining

When you keep your focus on the next chapter, selling your BANSKO property can be a bit easier. Think about all your gaining and what a new fresh start in a new apartment will mean for you. While you may have many memories tied to your current BANSKO home, you are sure to many many wonderful memories in the next place you live.

You can also remind yourself of why you are selling. Maybe the BANSKO property is too large after the kids have all moved out. Maybe the apartment is too small for your growing family. Maybe you have an excruciating commute you will get to leave behind. While the selling process may feel difficult, if you remember why you are doing it in the first place, things will progress much easier.

Make A Virtual Memory Box

If you have a lot of fond memories of the property in BANSKO that you would like to hold onto, taking photos and storing them digitally can help make remembering special moments easier. You can gather up photos and videos taken in the home throughout the years, storing them all in one place to look back on whenever you want. This can also help if you are downsizing. By photographing items you won’t have room for in the next place, you’ll be able to remember them, without having to physically be there. Another idea is to create a journal, filled with stories of some of the great memories made in the BANSKO home.

Cash 4 Bulgarian Properties

Remove Personal Items Ahead of Time

Long before your actual moving day, packing up personal items and storing them away can subconsciously reduce your attachment to the property. It will feel less and less like your BANSKO home and more like an empty space. This will help if you are listing and want to declutter and also when you do actually move, your belongings will already be packed. Of course, you don’t want to pack away anything you need. Also, keep in mind that if you are listing your BANSKO apartment, the process could take a while. Selling directly to Cash 4 Bulgarian Properties will make things move much more quickly, helping to rip the bandaid off instead of dragging out the process.

Don’t Overprice The Property in BANSKO!

When you own a property in BANSKO you truly love and are in a position where you need to sell, you may overprice it based on what the property is worth to you not the actual real estate market. You can call a pro to help you get an accurate estimate of what your apartment is really worth in BANSKO SKI RESORT. While you may disagree with the number, knowing it will help you save some trying and energy trying to sell a BANSKO property for more than its worth.

When selling a property in BANSKO BULGARIA, removing your emotion and treating the process as a business transaction will ultimately make things easier for you.

Learn more about how to take the emotion out of selling! Contact us today for a fast and fair solution! + 359 878 60 77 22 

 

Traditionally, when most people are ready to sell a home, one of the first things they do is hire a real estate agent. After all, an agent does nearly all of the heavy lifting for you. But those helping hands comes at a significant cost, and this expense leads many to wonder if they just could have sold the house themselves. The good news is that it’s possible to sell property in Bansko (Bulgaria) without a realtor IF you’re armed with the right information. Read on to learn what to know when selling Bansko Property by owner!

Reasons for Selling Bansko Property By Owner

There are many reasons why you may need to sell your Apartment in Bansko Ski Resort by owner, including:

Furthermore, many people choose to sell a home without a realtor because they don’t want to pay real estate agent commissions and fees, which very likely will run into the thousands.

20190328 184107

Steps to Selling Apartment in Bansko Area By Owner

If you want to move forward with being your own real estate agent, here are the steps you need to take:

  1. Determine the Property’s Price

The first step in selling a property in Bansko by yourself is to determine the home’s price. You can get a reasonable estimate of what your apartment is worth by conducting a search online. Simply search for similar homes in your neighborhood, zip code, town or city and see what they are currently being sold for. This will help you determine how much to price your home for.

It’s critical to complete step 1 before moving on.

  1. List the property on the MLS.

After you’ve set a price, you will need to list the property on the Multiple Listing Service, or MLS. The MLS is the largest list of real estate that is currently for sale in Bulgaria. Both prospective buyers and realtors have access to the latest listings on the MLS.

Be aware that there is a fee associated with placing your property on the MLS. Realtors generally pay a monthly, quarterly or annual rate to list on the MLS. However, if you’re selling by owner, you can purchase your spot on the MLS for a flat fee. But be forewarned, this fee can cost hundreds of euros.

  1. Utilize Other Marketing Strategies

Adding your property to the MLS should be the first step in your marketing efforts, but it should also be far from the last. Take advantage of all the social media platforms that are available to market your property, including Facebook, Twitter, Linkedin and Instagram. While you can promote your Bansko property for free using these platforms, there are also paid promotional and advertising options available. You can also place real estate ads on websites.

Meanwhile, don’t forget about traditional advertising, such as newspapers, flyers, brochures and “For Sale” signs.

When creating any time of marketing material, be sure to highlight your home’s basic information, including the price, bedrooms, bathrooms and square feet. And don’t forget to highlight its most appealing features, such as stainless-steel appliances, backyard or garage size, and vaulted ceilings.

Make sure potential buyers have as much basic, important and ACCURATE information about the property as possible!

  1. Prepare for Open Houses & Showings

Now that all your marketing materials have been prepared and are set to be distributed, it’s time to prepare the home for open houses and showings. 

The first step in getting your apartment in Bansko, Bulgaria ready is to deep clean everything. This includes every nook and cranny of your kitchen, floor, bedrooms, bathrooms and any other area of your property visitors will see.

Next, remove any personal items from areas potential buyers will visit. Personal items include family photos, awards, toys, drawings and anything else that has a personal connection. Buyers want to view themselves in the house, so keep it as open and bare of personal items as possible.

Once the property is ready, be prepared to take calls from buyers and real estate investors interested in taking a tour of the property. Be ready to be home during daytime hours or weekends to give people an extensive look at the house.

  1. Negotiate & Close the Sale

If you find a buyer or investor ready to make an offer, it’s time to negotiate and close the sale. A buyer or investor will submit a contract to you. As the owner, you have the right to accept the offer or make revisions and send the new contract back to the buyer. These negotiations will continue until an offer is mutually agreed upon.

Though most real estate contracts are fairly standard, you should have any deal reviewed by a real estate attorney. An attorney will also ensure that you are complying with all real estate laws in your area.

Once negotiations are complete and the contract is signed and ready, closing can generally be completed within 30 days.

Sell Your Property in Bansko Without A Realtor With Cash 4 Bulgarian Properties!

BEFORE you list your home on the MLS and go through the hassle of selling a property in Bansko by owner, contact the real estate professionals right here at Cash 4 Bulgarian Properties!

With Cash 4 Bulgarian Properties, there are:

And what’s more, you can receive CASH for your home in as little as 30 days!

You can save loads of time, piles of money and lots of effort by selling your Bansko property the easy way with Cash 4 Bulgarian Properties now!

To receive a FREE, NO OBLIGATION OFFER on your Bansko Property, submit your information in just a few clicks with the button below!

WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
???? Hi, how can I help?
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram