10 Best Ways To Increase Your El Paso Home Value

 

With all the time we have been able to spend in our homes in the past two years, many homeowners have taken several measures to increase home value. Now, homeowners are taking to the housing market to see what their houses can be sold for.

Whatever goals you have with your home, finishing some repairs and improvements can help you along the way. There are many projects, big and small, you can add to your checklist when sorting through your plans for your home. 

El Paso Cash Home Buyers will buy your home as-is so you can reap the rewards without worrying about the details. Give us a call today to learn more!

Clean and Declutter 

One of the most effective ways in increasing home value is by simply giving your home the declutter it deserves. No one is attracted to a cluttered, disorganized home. The more organized your home is, the more space you get to show off to potential buyers. Decluttering and cleaning make it easier to accomplish other tasks when looking to boost home value!

Add Energy-Efficient Features

There are many cost-efficient ways you can make your home an energy-efficient space including: 

  • Installing a smart thermostat
  • Replace old windows
  • Add new insulation to your home
  • Replace old appliances with energy-efficient appliances 

More and more people are looking for ways they can cut down on bills and other home costs. Implementing these features helps you earn more in the end. 

Get Maintenance and Repairs Done

You know all those home improvement tasks you’ve been holding off for so long? Now is probably the right time for you to get started on them. No one wants to move into a new home with maintenance and repairs to already take care of. Whether it’s a faulty HVAC unit or issues with your plumbing, the best advice our real estate professionals can give is to get started on them ASAP.

Add Usable Square Footage to Maximize Space 

Open space makes a home feel comfortable and larger than it really is. If you have some ideas on how to expand your home don’t be afraid to put them into action! You can expand your home by adding office spaces, a game room, or even an extra bedroom or bathroom to accommodate your guests or family members!

Clean Up Your Patio and Front Yard 

A few simple chores can get your patio and front yard looking as good as new. Some tasks to take care of when cleaning up your yard should include: 

  • Mowing the lawn
  • Cleaning the patio deck of dirt, grime, mold, and mildew
  • Trimming trees, bushes, flower beds 

If you want to add more character to your yard, you can look into adding some stone planters, shrubs, mulching, and a walkway. These simple touches can go a long way in creating a luxurious and high-end look!

Fix Broken Light Fixtures 

Even something as simple as broken light fixtures can throw off your home’s value. It is best to fix both outdoor and indoor light fixtures. If the issues lie in your electrical system, get in touch with an electrician right away to schedule repairs. You should always leave major electrical work to a professional. 

Throw in Fresh Paint 

Repainting your home plays a major role in staging your home. If you do decide to repaint your home, you can rent furniture to top off the look! Remember, you are styling to make your home value go up, so you need to consider everyone’s styles. With that in mind, it is recommended to throw in a little bit of every style to appeal to all kinds of customers!

Upgrade Exterior Doors 

Replacing old doors can also work wonders in boosting your curb appeal. After all, the front of your home is the first impression you make on neighbors and prospective buyers. Even your front door is enough to say what kind of homeowner you are and how you care for your home. You could even upgrade your garage door to dramatically improve your home’s appearance!

Give Your Kitchen Small Updates 

The kitchen is one of the most utilized rooms in every home. If your kitchen needs some sprucing, there are many tasks to get to work on. 

You can:

  • Add new countertops
  • Install a backsplash 
  • Paint your cabinets
  • Install a new sink

A minor kitchen remodeling project can have a great impact on your home’s value. 

Add Finishing Touches to Pending Projects 

Do you have a room in your home that was never completed? Maybe you need to add some drywall or add new flooring or carpet. Whatever the case may be, now is the perfect time to finish these projects. An unfinished space can hurt your home value. Whatever you have pending, make some time in your schedule to get these projects done. 

Sell Your Home Fast with Our Professionals 

When choosing our cash home buyers, we will help you sell and get your home off your hands right away. Give us a call at (915) 229-8974 to learn more about how you can get started. 

10 Important Qualities to Look For When Choosing a Cash Home Buyer

Man Handing Cash Home Buyer Thousands of Dollars For Keys in Front of House and Sold For Sale Real Estate Sign.

The time it takes to sell a home varies. It all depends on many factors such as receiving a good offer, paperwork, and closing the deal. When you work with an El Paso cash home buyer, you don’t have to worry about working through so many steps. In fact, a good cash home buyer is one that will do most of the work for you. 

If you have never worked with a cash home buyer before, it is important to know what makes a reputable and trustworthy team. We go through some factors to keep in mind when you search for a cash home buying business. 

Familiarity with Your Area 

Before making a final choice, you should narrow your options down to a cash home buyer that is familiar with the area you live in. When looking up buyers, you may want to go as far as using “near me” in your search, just to play it safe. The more they know your area, the better price they can offer. 

Ideally, They Have the Experience to Go With their Name 

Because the real estate market is a bit messy right now, cash home buyers are coming up left and right. This is where you have to be careful. When it comes to any business, you always want to look for experience. It is especially important to work with a company that has experience considering the current climate of the real estate market. 

Their Reputation is Solid 

While doing your research on cash home buyers near your area, don’t be afraid to read through reviews and customer testimonials. You can learn plenty about a business by simply reading through their information and references. Needless to say, you want to go with a cash home buying business that has tons of positive reviews to its name. 

Local Businesses Tend to be Best 

Cash home buyers should be involved in the community you live in. Most cash home buyers are expected to know the past and present conditions of one’s local real estate market. With a wealth of knowledge on a single community, you can rest assured that you’ll receive better service and business overall. Local businesses are preferable in this case. 

They Work through a Simple, Straightforward Process

The simpler a business process is, the better. If your cash home buyer asks for several amounts of documents, paperwork, home tweaks, or a bunch of other tasks, you probably won’t be able to get your home off your hands as fast as you’d like. Buyers who require you to sign a bunch of paperwork with legal jargon are usually untrustworthy. 

They Will Take Your Home As-Is

The whole point of working with a cash home buyer is that they will take your home off your hands right away, no matter what the condition of your home is. A cash home buyer that expects you to clean up your home and make repairs might as well be a real estate agent! This would only be worthwhile if they were to offer more money but that’s usually not the case. 

They Provide a Reasonable Cash Offer  

Once you have chosen a cash home buyer you would like to work with, you have to make sure they are offering a reasonable price or the best price possible. This is what separates cash home buyers from the more traditional real estate route. If you feel that they are not holding up their end of the deal, it’s time to move on and find another cash home buyer. 

No Hidden Fees

If a cash home buyer does require some fees, these should be done upfront. An untrustworthy cash home buyer is one that will charge a client with processing, administrative, and other fees with such names. You should never have to deal with hidden fees, especially when the real estate market is already as difficult to navigate as ever. 

Honesty and Transparency

This is something you should be looking out for when you begin to consult with a cash home buyer. Honesty is always the best policy, no matter who you find yourself working with. If a cash home buying business cannot be upfront with you or is avoiding giving you requested information, this goes to show they may have something to hide. 

They Will Cover Closing Costs 

Almost always, a good cash home buyer will cover the closing costs for you. Should they fail to do so, this is something to bring to their attention right away. A cash home buyer who does not offer closing costs usually operates on the cheap end or is strapped for cash. A reliable cash home buyer will sell your home fast and are in a solid position where they can cover the closing costs without any concerns. 

Work With a Reliable Cash Home Buyer, Today!

When you choose El Paso Cash Home Buyers, you can expect to work with a team that will give you a fair offer, from start to finish. With us, you don’t have to worry about any disruptions, we’ll get your home off your hands right away. Contact us to get started. 

Economic Outlook and the Need to Sell Your House Fast

A man wearing a suit holding a piece of paper that says "time to sell" in a bold fontAs of late April 2020, there were up to 30 million Americans who had filed for unemployment. This, of course, is an unprecedented number and exceeds the numbers of the Great Depression, which topped at about 15 million. The job market has certainly changed a lot since then, as has society in general. So at the time of this writing, there is still a lot of uncertainty out there about what’s going to happen and how the economy will pick up after being shut down for almost two months. Meanwhile, many people might be worried about the bills that are piling up and the unemployment checks that are not exactly covering the necessities. 

It’s a time that has affected us all and this has prompted many homeowners to wonder about whether it might be time to sell their house, and sell their house fast. And that might prompt some questions about the best way to go about doing that without doubling your worries or prolonging any anxiety you might be feeling. 

Here at El Paso Cash Home Buyers, we understand the type of anxiety that many homeowners are feeling. It’s possible that they’ve lost one or two money makers in the home and the income has been reduced significantly. Questions begin to arise like, what if we downsized and found something smaller? What if we moved to a town with better job prospects for my career? 

Going the cash route comes with some advantages, including:

You skip over the hassle

Putting your house on the market and finding an agent can be problematic in normal times, let alone when there is a shutdown or semi shutdown happening. 

You keep the money for the sale

In other words, there are no third parties. You don’t have to deal with hiring a realtor. The closing fees and costs that are a big part of a traditional home selling transaction vanish.  

Save on repairs

One of the big hurdles some prospective sellers face, is the fear of having to make major repairs. It’s a common conundrum: if I don’t make the repairs, no one will buy it, if I make the repairs, I have to spend money on it and not guarantee it’ll raise the sale price. That’s because some repairs would be required, depending on what it is and whether it affects the house’s livability. Selling your house cash means that you don’t have to worry about investing a couple of grand on the new roof, or replacing the bathroom tile, or changing out the floor to make it look pretty, etc. When you choose to sell your house cash, you are bypassing that process. 

It happens fast and doesn’t fall through

Ask anybody that has some kind of home buying or selling experience about sales falling through. In fact, to get to closing day and leave closing day without some little detail, or some little hiccup to cause the sale to fall through, sometimes feels like a miracle! You don’t have to worry about this with a cash sale. Not to mention the fact that you don’t have to wait around for the buyer to do the inspection, to write up their lists of requested repairs. You don’t have to wait until you get that list, refuse to do most items on that list, and then go back and forth on the price until you can agree on something reasonable. It can be a tedious process if you are simply wanting to move on to the next chapter of your life. Cash sales will close in 1-2 weeks, as opposed to the 5-7 weeks that it can take for a home on the market. 

The process is transparent

With a trusted and reputable cash home buyer, the process is relatively simple. There is no running around and no hassle. It’s a direct transaction that doesn’t involve a million people and endless paperwork. 

There are plenty of reasons why you might be considering a fast cash sale. Life happens and we’ve seen people of all walks of life choose this path because it is fast, convenient, and reliable. We understand the stress of selling your home and some of the emotional reactions that might come with that. 

During a time of uncertainty, this is not always the best way to say goodbye to a home that may have provided you with years of wonderful memories and the ability to grow a family. 

Go With a Buyer You Trust and a Process that Promises Peace of Mind

There is peace of mind in knowing that your home will be in good hands. Whether you are selling out of financial hardship, change in your family, or maybe you simply just want a change of scenery and don’t want to wait months. We’re here to help and here to walk you through the process. Call us today. El Paso Cash Home Buyers has a solution for you. 

Economic conditions don’t always directly affect you as much. In other words, whatever the economic downfall of this virus will be, if you are not relying on the traditional market to purchase your home, you might not be as affected. Of course, economic conditions affect everything across the board, but waiting for another buyer willing to pay a fair price might be hard in dire times. 

Sell Your Home With Us

a hand handing over keys while another hand has a handful of cash with a home in the backgroundHomes are, by and large, the most substantial purchase most of us will ever make. So much planning and careful thought goes into the home buying process that it’s something almost no one can do on a whim. Although achieving the prospect of being a homeowner is something only a few are able to boast, there are issues that can take place further down the line that may require homeowners to sell their homes as quickly as possible.

Perhaps your career took a turn for the worst and you were laid off, or maybe you’re on the bring of foreclosure. As unfavorable as these situations are, we’d like to let you know that there is an escape rope for you to get yourself out of whatever situation you currently find yourself in. This escape rope is El Paso Cash Home Buyers. Keep reading to learn more about what we can do to help.

Our Process

Homeowners, at some point or another, may decide to sell their homes. Perhaps a new job opportunity has arisen, forcing you to leave your home behind in order to move to a new city. Or, perhaps, your family has simply outgrown your current home. Whatever the reason may be, one thing remains true: you want to basically get rid of your home as quickly as possible, without losing too much money.

If you have the time to spare, you could potentially work with a real estate agent who could sell your home in a few months, but if you need to see your home fast, then you should steer clear from real estate agents. Instead, you should go with a fast home seller like El Paso Cash Home Buyers. You see, we’re here to help people who need to sell their homes as quickly as possible, for cash. We won’t beat around the bush and make you wait for months only to produce no results.  If this sounds intriguing, then let us explain our home buying process.

Give us A Call, We’ll Give You an Initial Offer

The very first step starts when you call us. We will ask the appropriate questions, such as the state of your property and the timeline you have in mind for when you hope to vacate the premises. With this info in mind, we will then provide an initial offer. After this, we will view the property in person.

We Will Get Acquainted with Your Property

Once we schedule a time, we will visit your property and gather information on its current state. You’ll be pleased to know we buy homes as-is, in any condition, so you don’t have to worry about fixing or cleaning it up. As you can expect, this is where we differ from real estate agents.

We will pay out-of-pocket to repair the homes we purchase; you’ll never have to worry about any of these maintenance costs. This is why our services are particularly popular among individuals who own property that they received as an inheritance. Perhaps that home has been in a state of disrepair for years and you’ve been looking for some way to basically wash your hands of it but it’d be too much work at this time to invest in remodeling it and fixing it up. Well, that’s where we come in!

Time for a Cash Offer

Now for the fun part, once we gather all the information we need, we’ll draft up a cash offer. This will be a fair offer, with no obligation to you. If, for any reason, you’re not happy with our offer, then you’re welcome to speak with other local home buyers. We guarantee our offers so if you’re able to find one that’s better than ours, then we’ll give you $500 in cash. That’s right, even if you decide to sell your home with another home buyer, we’ll give you $500 in cash.

If you do accept our offer, then you can expect for the deal to close in as little as one week. Unlike real estate agencies, our offers won’t require you to pay any extra fees or costs. You’ll receive your cash and you’ll have the freedom to walk away from your property, no strings attached!

Choose El Paso Cash Home Buyers, Today!

And that’s it! The process really is as simple as it sounds. We’ll buy your home, in any condition, for cash. You’ll have the freedom to easily rid yourself of the property that might’ve been a source of stress and anguish in your life. The sooner you contact us, the faster we’ll be able to provide a guaranteed cash offer. So, what are you waiting for? Contact El Paso Cash Home Buyers, today!

How The U.S. Housing Market Has Been Impacted by the 2008 Recession

3d image of house with graph falling

The financial crisis that occurred in 2008 threw everyone off unexpectedly. After all, it had been the biggest market disruption since the Great Depression. The number of renters to owners has decreased from 43.3% to 38.5%. The people that endured or forced to take up this shift were mostly far east and west coasters, older millennials, and wealthier households. The recession and its effects took most of a toll all the way up to 2014. It might not seem like a significant number, but we can construct a visual to show exactly how this decline has played out. 

An Increase in Rent

Not only is the amount of renters increasing, but so is the actual pay of rent itself, which has risen faster than income. The average rent in the top fifty markets has risen by 22.3%, while incomes have nationally fallen by 5.8% since the recession. To put this into context, the average homeowner spends approximately 30% of their paycheck on making and paying rent. Seems to be a bit much, right?

A Step Down from Homeownership

Not only has there been an existing decline in homeownership, but as well as many of the markets that were hit hardest by foreclosures. As rent increased, renters were having a harder time meeting the payment deadline, eventually being forced to foreclose. Although, most of this foreclosure ended up benefiting no one. Lenders weren’t even able to balance payments themselves. 

The Fortunate Few

There was only a small amount of markets that weren’t directly impacted by this recession. Most of the housing markets that saw the smallest increase in renters were in New York, Connecticut, and Boston. 

Cash Home Buyers Is Here to Help

It can be a gamble to buy a home, and if you’re not comfortable with owning one, it may be in your best interest to sell. Contact Cash Home Buyers today so we can take your homeownership off your hands!

 

Why A Looming Recession May Mean Its Time To Sell

A man stands atop a red line and tries to predict a future recession

With many economists and experts predicted a recession soon, many home sellers are wondering if now is the time to sell their home. It can be intimidating to think about, but many economic signals indicate that it could be a serious possibility in the next year to year and a half. If you’re on the fence about selling your home, here are a few factors to take into consideration.

What type of home do you own?

A recent study by the real estate brokerage group Redfin recently conducted a study to determine which homes were most likely to lose value in a recession. The conclusion was that condos and townhomes lose the most value overall, while single-family and two-story homes generally kept the most value. If you have a condo or townhome, your best financial option may be to sell quickly, before a recession torpedoes the value of your home.

What’s your current financial situation like?

If you’re strapped for cash or need to sell your home fast, a cash sale may be the best decision for you. In a recession, the housing market becomes what is known as a buyer’s market. This simply means that buyers have more sway in home buying negotiations since fewer people will be looking to buy a home. In this scenario, getting the value you want for your home will be even more difficult, and you may have to take significantly less money in order to land a sale.

What are your future plans?

People sell homes for a number of reasons. It may be their livelihood, or it could be a home they inherited from a loved one. A new job opportunity can also mean it’s time to sell, so it’s best to closely evaluate your situation before a big decision. If you anticipate a big move in your future, then a quick cash sale may best set you up for success.

El Paso’s Best Cash Buyers

El Paso’s real estate market continues to grow in size and value, and El Paso Cash Home Buyers expands with it. If you’re looking for the most cash return for your home, contact us to have money in your hand in as little as seven days!

The Perils of a Traditional Home Sale 

A massive decline in property values shown by wooden houses and a downward arrow overhead

If you’re not sure whether you should sell your home the traditional way, first read up on some of the issues that may arise from a traditional home sale.

How a Traditional Home Sale Works

Remodeling

Contractor gluing wallpapers onto a white background during a home renovation project

A traditional home sale can take months to years, depending on your location, the condition of your home, asking price, neighborhood that you reside in, and a plethora of other factors. The first step in a traditional home sale is often the remodeling period, which can take weeks or even months to complete and will bleed your wallet dry of thousands of dollars in the process. In some areas, older and stagnant homes can stay on the market for several years or even a decade, which can make a remodel a necessity to get your home sold. El Paso Cash Home Buyers allows you to skip this expensive step, since we buy your home as is.

Home on the Market

For sale sign in front of home waiting to be sold in a slow housing market

After the lengthy remodeling process, now the home has to sit on the housing market and wait for potential buyers to inquire. This can lengthen the home buying process by several months depending on where you live, and this can eat up more of your money since you have to maintain the home while it sits on the market. If you needed a quick turnaround for your property, this could be one of the worst decisions you could make for achieving that goal. If you find yourself in this situation, don’t hesitate to call us—we can have your home sold ad cash in your hand in as little as seven days!

Signing the Contract

Real estate agent instructing potential homeowner on how to sign the contract for the new house

 

Once a contract is finally agreed to between you and a buyer, you would think that you could wipe your hands clean of your old home, get your money and move on, right? Nope! The process is still not over. The buyer still needs to get a mortgage worked out by a mortgage company, and will likely have to get the home professionally inspected as well. This can add 30 to 90 days to the already several month or several year-long process, and this assumes that the buyer doesn’t change his mind halfway through and you have to start the process all over again. In a cash buyer sale, you can have money for your home in as little as a week, which means having cash to use right away for all your needs.

Hidden Fees and Commission

A hidden fee is revealed behind a light blue wallpaper

Once you finally reach a final deal on the home and all aspects of the home selling process have been finalized, you’ll still have a mountain of headaches from fees, taxes, and other financial surprises at the close of the sale. Fees may come from the realtor, title company, or attorney that helped close the sale, and that doesn’t even factor in the commission that the realtor may take from the sale, which can shave several thousand dollars off the money you recieve. In the end, the home selling process is typically a major financial and mental burden of the seller, and can be potentially ruinous if you need money in a short amount of time.

Skip the Hassle with El Paso Cash Home Buyers

The traditional home buying process can be a hassle. Call us today for quick cash for your home!

The Advantages of Cash Home Buyers Compared to Traditional Real Estate Agents

Cash home buyers

Popular online real estate databases like Zillow, Redfin, Realtor, and Trulia have made it feasible for anyone looking to sell their home to do so much more efficiently. Real estate agents rely heavily on online marketing in order to attract more potential buyers. While the tactic to sell homes have improved over the past couple of years, it can still be difficult to sell a home. Many consider other means like placing it for rent or gifting it to a child. Another option that has gained momentum is selling it to a cash home buyer. If you’re considering this route, you may be wondering is it worth it? What are the advantages? As a cash home buyer in El Paso, allow us to explain the main advantages of choosing this viable option.  

Maintain Privacy — No One Will Have to Know You’re Moving

Once you place a ‘For Sale’ sign on your lawn, you can expect your neighbors to take interest in your situation. For better or worse, sharing your need to move can be uncomfortable. A real estate agent’s job is to market your home the best of his or her ability so that will draw more attention to your situation. While you undoubtedly want to sell your home quickly, if you haven’t moved out, it can be extremely overwhelming dealing with the attention. Instead, cash home buyers will view the home at your convenience and make you an offering price without ever having to place a sign on your lawn. If privacy is of a concern for you and your family, you’ll want to consider working with a cash home buyer.

Save Time and Effort

Showing homes to potential buyers can be exhausting. First, you’ll need to prepare the home. This involves making repairs, moving furniture or emptying the home, and sprucing it up so that you can lure in buyers. You might wonder why you’re having to spend so much money on these repairs and visual improvements when you’ll be moving soon. The reality is, if you go the traditional real estate route, it involves more time and effort to sell your home. On the contrary, cash home buyers work fast and offer to buy your home as-is. At El Paso Cash Home Buyers, we often close deals in as little as seven days. You can completely avoid spending time, money, and effort in selling your home by working with us!   

You Can Move On From a Difficult Situation Much Sooner

There’s no telling how soon your home will sell when you go the traditional real estate route. This can be troubling if you’re trying to move on from a difficult situation. But not to worry — when you sell to a cash home buyer, you won’t have to wait much longer to leave your home. El Paso Cash Home Buyers can buy your home as-is and give you enough time to move out. We realize you’re already in a stressful situation, we won’t make it any more complicated!

Contact El Paso Cash Home Buyers Today

Whether you’ve had bad luck in placing your home on the market or need to sell your home fast because you’re relocating to another city, we can help! Believe us when we say you’ll see the benefits of a cash home buyer, right away. Give us a call today to learn more.