As the real estate market in Los Angeles continues to evolve, it’s important for both buyers and sellers to explore out-of-the-box strategies that can help them achieve their goals. Whether you’re looking to buy your dream home, sell property quickly, or invest in real estate, there are a variety of creative strategies that can help you succeed.
At Golden Dog Properties, we specialize in helping buyers, sellers, and investors navigate the complex world of real estate. As both agents and investors ourselves, we have a unique perspective on the market and can offer a range of services to help you achieve your goals.
Seller Financing
One of the most effective strategies for buying and selling property is to think creatively about financing. For example, if you’re a buyer, you may be able to negotiate seller financing, which allows you to make payments directly to the seller instead of obtaining a traditional mortgage. This can be a great option for Los Angeles investors if you have a less-than-perfect credit score or don’t qualify for a traditional loan. As agents and investors, we can help you explore all of your financing options and find the best solution for your needs.
Subject To
One of the tools we are able to use in our tool belt is called buying a home subject to the existing mortgage. It is one of the most effective ways to buy real estate because of where interest rates are currently at. It can work for sellers who absolutely need to sell or for sellers who want to get maybe more than what they owe on the property. For example, if you’re a seller, and you owe $200,000 but your house will only sell for $210,000, you would lose money by paying commissions and realtor fees. We can come in leave the mortgage in place and take over the payments. Depending on the situation we can put some money in your pocket and complete the transaction very quick. This can be a great option for Los Angeles sellers if you don’t have a lot of equity in your home. As agents and investors, we can help you explore all of your financing options and find the best solution for your needs.
Lease to Own Agreements
Another creative strategy to help sell property in Los Angeles is to consider lease-to-own arrangements. In a lease-to-own agreement, the buyer rents the property for a set period of time with the option to buy it at the end of the lease. This can be a great option for buyers who are not quite ready to commit to a mortgage but want to start building equity in a property. As hybrid agents and investors, we can help you negotiate a lease-to-own agreement that works for both parties.
Selling Your House via Rent-to-Own
For sellers, one creative strategy is to offer a rent-to-own option for potential buyers. This can be a great way to attract buyers who may not qualify for a traditional mortgage but who are committed to eventually purchasing a home. At Golden Dog Properties, our team can help you structure a rent-to-own agreement that will help you sell your property, allowing both parties to prosper.
Utilizing a Short Sale
Another strategy for sellers is to explore the possibility of a short sale. A short sale occurs when the seller owes more on their mortgage than the property is worth, and the lender agrees to accept a lower payoff amount. This can be a great option for sellers facing financial hardship who need to sell their property quickly. As agents and investors, we can help you navigate the short sale process and ensure that your interests are protected. We can also provide other options, so you don’t lose your equity.
Creative Investment Opportunities
For investors looking to make money in the Los Angeles real estate market, there are a variety of creative strategies to consider. One option is to invest in distressed properties, such as foreclosures or properties that have been on the market for an extended period of time. Another option is to invest in Los Angeles rental properties, which can provide a steady stream of passive income. As agents and investors, we can help you identify investment opportunities and develop a strategy that meets your goals.
At Golden Dog Properties, we are committed to helping our clients achieve their real estate goals through innovative and creative strategies. Whether you want to buy, invest, or sell property, we have the experience and expertise to help you succeed. Contact us today to learn more about how we can help you navigate the complex world of real estate in Los Angeles. We are happy to answer any questions you have. (805) 257-5780