Be creative when it comes to selling your house. If it is the type that might appeal to first time home buyers go ahead and market to them.

Richardson Texas House Buyers: Is your home for sale a potential candidate for first time home buyers? If so, it wouldn’t hurt to market it as such. Bringing attention to your home’s modest size, starter home price, or neighborhood filled with young families might bring attention to the buyer who is looking for just that kind of house.

First time buyers are almost always a good bet for certain types of homes for sale. Even when the market isn’t active for sellers, you can be sure that the American dream is still alive and well as many couples are anxious to buy their own home.

Don’t make the mistake of limiting your marketing to just new home buyers, however, as it is increasingly popular for older, more seasoned citizens to show interest in smaller, more modest homes as they down size their lives in later years.

While it is decidedly more difficult to qualify for a loan these days, those who are qualified are solid buyers. They must have good income, decent credit, and a healthy down payment. Any buyer who has these three of their ducks in a row will be great potential buyers for your house.

Don’t make the mistake of limiting your marketing to just new home buyers, however, as it is increasingly popular for older, more seasoned citizens to show interest in smaller, more modest homes as they down size their lives in later years. These buyers are also most likely good candidates to buy your house as they are more settled and tend to have fewer expenses once their children are grown and gone out on their own.

Where first time buyers are concerned, there might be something you can do to help their process along. If you believe that they have most of their qualifications in place and appear to check out in their credit use and jobs, you might have an easier time selling if you offer a creative financing option to get them started.

  • While it is decidedly more difficult to qualify for a loan these days, those who are qualified are solid buyers.
  • Where first time buyers are concerned, there might be something you can do to help their process along.
  • A lease option might be something that works for you, especially as a last resort.

This could include such options as carrying part of the cost of the house or down payment for them temporarily to build up the healthy down payment. A lease option might be something that works for you, especially as a last resort. If you must sell quickly and are having a hard time selling after a period of time, you can explore the option of leasing the home to a potential first time buyer. Where your reason for having to sell includes the inability to pay the mortgage, you can get some help with that by using the rent or lease paid to you by the new buyers who are temporarily renting or leasing to own.