Interest rates for mortgages recently hit record lows again!
The average interest rate on a 30-year fixed mortgage dropped all the way to a measly 2.86%. And while there’s been a very slight uptick since then — to 3.09% — interest rates are still stifling low.
Of course, it’s hard to know how long that is going to last; the real estate market is constantly changing.
But one thing’s for sure: right now is a great time to buy a home.
Maybe you’ve thought about upgrading to a bigger home or downsizing to something simpler… now is the time to do it!
Only problem is… how do you sell your home quickly for a fair price?
At Blue Anchor Properties, we’ve worked with Northern New Jersey sellers for a long time. Here’s what we recommend…
Selling The Traditional Way — When you sell your home the traditional way, it’ll take an average of 65 to 93 days to find a buyer and close the deal. Plus, you’ll need to repair, update, clean, and stage your home. This can take a lot of time, money, and patience. But it’s always an option.
Selling For-Sale-By-Owner — If you want to avoid paying a real estate agent up to 6% commission on the sale of your home, then you might list your property as FSBO. You can sometimes make a little more money this way, but you’ll still need to clean, update, and repair your home. It’s also important to note that the average time-on-market for FSBO homes is 68 days longer than realtor properties.
Selling to a Professional Home Buyer — At Blue Anchor Properties, we can purchase your home as-is for a fair cash price, and we can close in as little as two weeks (we’ll even pay all closing costs)! Give us a call at (201) 713-5312 to learn more and get your no-obligation cash offer. 🙂