Michael Mergell

Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers

The last situation that a homeowner wants to face is losing their home in the foreclosure process. That is why I wanted to provide you some tips on how to avoid foreclosure. We all take our homes seriously and we love the fact that we have a roof over our heads.property. It is a way to protect them from losing money in the long run.

What Is Foreclosure?

In case you have no idea what a foreclosure is; it basically states that when you purchase your home you enter a contract with the lender that you will be able to pay back the loan that they lent you. If you fail to repay the loan then the bank can step in and take back the home. Even though banks do not like to foreclose on the

If you know someone or if you are struggling to make your payments; here are some tips to avoid foreclosure so that you do not have to lose your home:

1. Short Sale: This is where someone can step in and purchase the home from the bank at a discounted price. Of course it is up to the bank whether they will be willing to take a short sale on the property. You will have to write a hardship letter to them stating why you can not make the payments.

2. Recognize The Signs: Unless you are willing to be honest with yourself when you begin noticing that you are having financial issues chances are you will not be able to stop the process from happening to you.

3. Seek Help: We as humans hate to admit defeat; however if you want assistance with your mortgage payments then you have to be willing to seek help at the first sign of trouble

If you are currently experiencing difficulties I understand that it is not the easiest thing to do. However you definitely should be taking all the steps necessary to avoid foreclosure so that you can salvage your credit. After all there are people that you can turn to for help if you find yourself facing the foreclosure process; however you have to be willing to move fast to avoid the process.

MICHAEL MERGELL (317) 645-8717 MICHAELMERGELL@REMAX.NET

Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers

If youre looking to sell your home fast, youll need to attract as much attention as possible. A real estate agent can help, although he can only do so much. He can show your home and help to get it out there to buyers, although he cant make it sell. If you want to sell it fast, youll need to do some work yourself. If you put the effort into selling your home fast, chances are that you will.

The quickest way to sell a home is by staging it. Staged homes literally invite the buyer in, making him feel right at home. Staged homes are also appealing both inside and out, and are more or less ready to be moved into immediately. They dont sit on the market for long at all, yet they bring a top dollar sell. If you are familiar with staged homes - you should know that they are among the fastest selling homes on the market.

MICHAEL MERGELL (317) 645-8717 MICHAELMERGELL@REMAX.NET

Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers

If youre looking to sell your home fast, youll need to attract as much attention as possible. A real estate agent can help, although he can only do so much. He can show your home and help to get it out there to buyers, although he cant make it sell. If you want to sell it fast, youll need to do some work yourself. If you put the effort into selling your home fast, chances are that you will.

The quickest way to sell a home is by staging it. Staged homes literally invite the buyer in, making him feel right at home. Staged homes are also appealing both inside and out, and are more or less ready to be moved into immediately. They dont sit on the market for long at all, yet they bring a top dollar sell. If you are familiar with staged homes - you should know that they are among the fastest selling homes on the market.

MICHAEL MERGELL (317) 645-8717 MICHAELMERGELL@REMAX.NET

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Making a quick sell has a little to do with luck, but it has more to do with how you market your home and present it to buyers. The following tips will help you sell your home fast:

· Market your Home - Marketing your home involves a lot more than placing an ad in the paper. You need to place ads, post signs, host open houses...Basically, you need to do everything possible to get people in to look at your home. Host a neighborhood fundraiser in your home. Put your home on the auction block. Do anything it takes to generate attention.

· Hire a Real Estate Agent - When it comes to marketing your home, the greatest asset you can have on your side is a real estate agent. A real estate agent can present your home to the largest amount of potential buyers. Yes, you should continue to market your home yourself, but having the help of an agent can take a lot of the pressure off.

· Spruce It Up - No one wants to buy an ugly house or a house that doesn't leave a lasting impression. Buyers usually visit numerous homes before they make a decision. Make your house stand out by giving it a fresh coat of pain. Make all necessary repairs and give it some curb appeal.

· Stage for Success - In order to sell quickly, you need to stage your home. Take out all clutter and items that you have stored. Put these in storage. Leave only the basic necessities. Furniture and decorative items are a must. However, if yours are worn, borrow some other items to change the "feel" of your home.

· Set a Competitive Price - Homes that are sold for less than their value sell quickly. If you have some room to negotiate, lower the list price of your home. If your home is a bargain, it will not last long on the market no matter how unstable it is.

In addition to attracting buyers quickly, you can also speed up the transaction once you have a buyer on the line. You can ask for a quick closing date. You may even want to help schedule inspections to move things along more quickly. Being accessible for all questions and concerns also helps speed things up.

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Michael Mergell
Managing Broker
RE/MAX Ability Plus
(317) 645-8717
MichaelMergell@Remax.net
www.MichaelMergell.com

" Oh, by the way... I'm never too busy for your referrals"

Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers

Making a quick sell has a little to do with luck, but it has more to do with how you market your home and present it to buyers. The following tips will help you sell your home fast:

• Market your Home - Marketing your home involves a lot more than placing an ad in the paper. You need to place ads, post signs, host open houses...Basically, you need to do everything possible to get people in to look at your home. Host a neighborhood fundraiser in your home. Put your home on the auction block. Do anything it takes to generate attention.

• Hire a Real Estate Agent - When it comes to marketing your home, the greatest asset you can have on your side is a real estate agent. A real estate agent can present your home to the largest amount of potential buyers. Yes, you should continue to market your home yourself, but having the help of an agent can take a lot of the pressure off.

• Spruce It Up - No one wants to buy an ugly house or a house that doesn't leave a lasting impression. Buyers usually visit numerous homes before they make a decision. Make your house stand out by giving it a fresh coat of pain. Make all necessary repairs and give it some curb appeal.

• Stage for Success - In order to sell quickly, you need to stage your home. Take out all clutter and items that you have stored. Put these in storage. Leave only the basic necessities. Furniture and decorative items are a must. However, if yours are worn, borrow some other items to change the "feel" of your home.

• Set a Competitive Price - Homes that are sold for less than their value sell quickly. If you have some room to negotiate, lower the list price of your home. If your home is a bargain, it will not last long on the market no matter how unstable it is.

MICHAEL MERGELL (317) 645-8717 MICHAELMERGELL@REMAX.NET