Bear DeSanctis Real Estate

Bear DeSanctis Real Estate We buy houses in Erie PA. Sell your house fast, easy, and discreet. Bear Buys Houses, Sell To Bear!

We Buy Houses in Erie Companies – Are They Credible?If you’ve been driving around in Erie, chances are you’ve seen some ...
01/02/2023

We Buy Houses in Erie Companies – Are They Credible?

If you’ve been driving around in Erie, chances are you’ve seen some billboards advertising companies that buy houses.

Often times they say things like “We Buy Erie Houses!” or “Cash For Your House”.

Are These “We Buy Houses in Erie Companies” Credible?
How do I know if the local house buying companies out there are honest and credible?

Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.

Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.

There are people who are really great, ethical folks who improve their neighborhoods one property at a time.

And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.

Yes, they are out there.

We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.

But let’s not focus on the negative – at least not yet.

First, let’s cover exactly what the best house-flippers are doing.

What Reputable Erie House Buyers Are Doing
Helping folks improve their lives by accessing the money they needright away. People often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind.
Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and month for a sale.
Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Erie PA.
Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
Increasing the value of Erie neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Erie.
Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure. Again, improving our neighborhoods.
Pretty cool stuff, right?

Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring.

Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving parts.

So let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.

How To Ensure You’re Working With A Reputable Local House Buyer
When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.

Ask open-ended questions like:

How do you help your clients?
What do you do for people?
Can you tell me more about your services?
What aspect of your business makes you the proudest?
How would you describe your investment philosophy?
How can I know that you’ll close on my house when you say you will?
Second, look for tell tale signs of tactics that those few shady operators tend to use.

“Kitchen table closings” – If a property buyer tries to get you to sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be leery. Most reputable house buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision. The reason reputable house buying services like ours at Bear DeSanctis Real Estate do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule. If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.
Most scammers are looking for a quick score, and not an in-depth interview.

Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.

True investors who run honest and ethical Erie house buying services, however, are building long-term businesses based on relationships and community development.

So when you’re looking at one of the “we buy houses in Erie companies“… never be afraid to ask questions!

https://www.selltobear.com/blog/we-buy-houses-in-erie-companies/

01/02/2023

Statistics and Sale Trends of Real Estate

"Existing-home sales fell for the tenth month in a row in November 2022, with all regions of the U.S. recording month-over-month and year-over-year declines." Existing home sales have fallen by 7.7% in from October to November 2022 and have fallen by 35.4% from November 2021 to November 2022.

It’s important, then, to be aware of what the figures surrounding certain aspects of home selling can tell you – if, that is, you want to sell your home quickly and get a good price for it as well. It might behoove you, then, to take a look at these statistics of home selling in PA.

Time on the Marketing
Over a wide spectrum of markets and homes, the median home spends 65 days on the market form listing date to closing. But keep in mind that this is the median. Some homes sell faster, and some take a lot longer to sell. Some of the determining factors for this first of our statistics of home selling in PA are:

Location – Homes sell faster in hot markets.

Season – Sales, in general, are better during spring and summer.

Price – Typically, high-end homes sell more slowly because there is a smaller pool of buyers.

Inventory – Where there is a shortage of homes in relation to demand sales happen more quickly.

School districts – Homes in areas with good schools sell faster and usually fetch higher prices.

When You Enhance Curb Appeal
Sprucing up the exterior of your home and landscaping (especially) will improve what buyers first see when they pull up to your curb – hence “curb appeal.” And we all know first impressions are hugely important.

Landscaping carries the potential for a much greater return on investment than any other major upgrade or improvement you can do – a potential ROI of 215% in the sale value of your home. In addition, landscaping usually costs less than any major improvement.

With Professional Staging
You can do the staging yourself, but you are much better off calling on the services of a professional staging company. And these statistics of home selling in PA, gleaned from the National Association of Realtors surveys, will convince you.

ACCORDING TO BUYER’S AGENTS:
49% said staging had a marked positive effect on a buyer’s view of the home.
77% said staging obviously facilitated a buyer’s ability to visualize a house as her own home.
A full third said that staging increased the value of the offer by 1% to 5% over offers for similar unstaged homes in the same market.
And 39% of seller’s agents stated that staging a home greatly reduced the length of time a home was on the market. In addition, 21% indicated that staging increased a home’s dollar value by 6% to 10%.

Using an Agent
Should you use a real estate agent, or can you sell your home yourself (FSBO)? Let’s see what the statistics of home selling in PA say.

First, almost 90% of sellers use a listing agent – and for good reasons. Agents understand the intricacies of the process, have valuable industry connections, have knowledge of neighborhood trends, and possess valuable negotiating skills. In addition, 89% of buyers use an agent, and you have to have access to those buyers.

According to the NAR, the typical FSBO home sold for $185,000 in 2016. And those sellers didn’t have to pay the standard 6% agent commission and so saved about $11,000. But here’s the catch. The typical home sold by an agent in that same year sold for around $245,000 – that’s a difference of a whopping $60,000. The upshot is that your agent’s commission is a small price to pay in order to make tens of thousands of dollars more on the sale.

As you can see, then, doing the right things – like using professional staging, enhancing curb, and using a real estate agent – can profoundly impact home selling in PA. These things will affect both how long your home is on the market and what price you get. So let us help you get it right.

If you're thinking about buying or selling a property in 2023, CALL ME!!!!

Bear DeSanctis, Realtor
814-480-9015

https://www.bearsellserie.com/blog/the-statistics-of-home-selling-in-pa/

Sell My House Fast In Erie – What Are My Options?“What Are My Options To Sell My House Fast In Erie?”Homeowners in Erie ...
12/16/2022

Sell My House Fast In Erie – What Are My Options?

“What Are My Options To Sell My House Fast In Erie?”
Homeowners in Erie who want to sell their home quickly need to know what their options are…
If you own a home and you’re thinking, wondering, “how do I sell my house fast in Erie,” this blog post is a quick tutorial on your available options, and how you decide which option is right for you.

The speed of selling your home comes down to three main factors:

1. How long you’re willing to take to sell your house
2. How much you’re willing to spend to sell your house
3. How much you’re asking for your house

Option #1: What Is Your Timeline?
The first factor is: how long are you willing to take to sell your house? Most people think of selling their home the traditional way, by listing through an agent. This method of selling can take 3 to 6 months (sometimes longer, depending on market conditions). So if you have a lot of time and are not in any rush, this might be a good option for you.

However, many homeowners don’t want to wait that long. Usually people sell because they need to move and they don’t always have 3 to 6 months (or longer) to wait for a sale. So there is another option, and that is to bypass the agent and sell directly to a home buyer.

If you’re in a hurry and want to sell your house right away, let us know. We can help! Just click here to fill out this form or call us at (814) 806-1343

Option #2: How Much Do You Want To Spend?
Most people are surprised by this question because they don’t realize that they have to spend money to sell their house but if you sell the traditional way, there are two times that you have to spend money: before you list, when you renovate your property to get it ready to sell; and after you sell, when you pay your real estate agent a commission for selling the property. Both of these can costs THOUSANDS of dollars.

Not all homeowners are comfortable SPENDING all that money in order to SELL their house. If you’re a homeowner who would prefer to keep more in your pocket, you have another option: you can sell your house direct to a homebuyer like us at Bear DeSanctis Real Estate. We buy houses as-is and take care of all costs (and there are no fees or commissions).

Option #3: Selling Price
Some homeowners believe that the market price for their house will be high, so they’re willing to wait and gamble and see if a buyer will purchase it for that price. When a buyer is eventually found, they MIGHT offer more, the same, or less than the asking price.

But not all homeowners like the “unknown” of this gamble. They don’t want to wait months in the hopes that someone will offer what they’re asking. They subscribe to the saying, “a bird in the hand is worth two in the bush”, meaning that they’d rather work with a home buyer – even one who might offer slightly less than a market price – in order to know EXACTLY how much they can get for their house right this very instant.

If you’re a homeowner and you’re wondering, “What are my options to sell my house fast in Erie?” then it really comes down to these 3 factors that will determine whether you’re willing to list or to sell right now.

https://www.selltobear.com/blog/sell-my-house-fast-in-erie/

5 Costs You May Not Be Aware of When Selling Your House in ErieThinking about selling your house in Erie? Traditional ho...
12/15/2022

5 Costs You May Not Be Aware of When Selling Your House in Erie

Thinking about selling your house in Erie? Traditional home sales carry several expenses, some of which you may not have taken into consideration. No matter if you select to work with a professional real estate agent or sell on your own, you’re likely to run into all of these expenses. We will explore five costs you may not be aware of when selling your house in Erie.

Commissions and Fees
Along with the traditional commissions that real estate agents charge, there may also be fees charged for the brokerage services and other costs associated with using an agent. Even if you sell on your own, a buyer is likely to be working with an agent, who will take the commission from your profits. These commissions and fees can run into the thousands and are something you may not be aware of when selling your house in Erie.

Marketing
Marketing is what listing is all about and while yard signs may bring in buyers, the internet is the new highway that brings buyers to your door. Besides the inconveniences of showings, successful marketing comes with costs you may not be aware of when selling your house in Erie. In order to compete, online listings require high quality photographs, submitted by a professional photographer. This may also include the services of a professional drone pilot for virtual tours given today’s high demand for this feature on listings.

Repairs
Prepping your home to be in selling condition may be one of the largest and most stressful of the costs you may not be aware of when selling your house in Erie. When the last thing you want to do as a seller is to invest even money into the house,this is just what you may end up having to do. Inspections can deliver some very expensive news, especially in older homes. Structural issues, foundation or even plumbing problems can literally run into thousands of dollars. Any known issues with the home must be disclosed. If you aren’t able to afford the repairs, be ready to deduct the costs from your asking price.

Holding Costs
Holding onto a property that is lingering on the market carries costs you may not be aware of when selling your house in Erie. One delay could be caused by your buyer being denied financing. If you’ve moved forward with plans and relocated, holding the property is a burden and adds greatly to the listing costs to expect when selling your house in Erie. Now, to avoid them there is another option to sell your home quickly, with a definite closing date and firm offer from Bear DeSanctis Real Estate!

Closing Costs
Closing costs for the seller are also costs you may not be aware of when selling your house in Erie. While some of these costs may be negotiated in the contract, you’ll be responsible for items such as the transfer tax and title insurance, there are also escrow and closing fees along with any HOA fees, attorney fees, and prorated property taxes. Some sellers also sweeten the deal to attract buyers by paying a credit towards the closing costs.

You could be facing a small fortune in costs that you may not be aware of when selling your house in Erie. Why not avoid the listing costs you’d normally expect to pay by selling to Bear DeSanctis Real Estate instead? With a direct sale to Bear DeSanctis Real Estate closings are quick, usually within 30 days or less and you don’t need to worry about repairs. Bear DeSanctis Real Estate takes on the risks, buying your home as-is. Bear DeSanctis Real Estate even pays all of the closing costs. Send us a message or call us at (814) 806-1343 today to find out more!

https://www.selltobear.com/blog/when-selling-your-house-in-erie/

How to Sell an Off-Market Property Listing in ErieA traditional property listing isn’t the only way to sell your house i...
12/14/2022

How to Sell an Off-Market Property Listing in Erie

A traditional property listing isn’t the only way to sell your house in Erie. As the population pushes away from larger cities, along with a pool of skimming over the rental phase typically experienced in earlier adulthood, opting for the benefits of more permanent housing with recreational amenities and a more home-based lifestyle driving the current seller’s market. Off-market or pocket listings aren’t marketed to the general public, add the allure of grabbing an exclusive opportunity for buyers, and may garner a higher sales price.

When you sell off-market, you control who knows your home is for sale and when they see it. There are far fewer showings by the very nature of being private, and the buyers who know about the off-market listing are likely to be much more serious about the property. Listing your property off-market also tends to create an act now or never feeling.

We will share the inside scoop on how you can sell an off-market property listing in Erie.

Commissions
Real estate agents love off-market listings because they can market the property exclusively to select clients and collect whatever commission you have negotiated in the contract. Additionally, because other agents in the Erie market are unaware of the listing, they don’t have to split the commission with anyone else. They will earn the other side of the commission because they are bringing the buyer. You can avoid commissions altogether when you sell an off-market property listing in Erie to a professional buyer like those at Bear DeSanctis Real Estate.

Prepping or Repairs

Most buyers seek to move into their new home as soon as possible. If your home is older or maintenance and repairs are lacking, you as the seller must worry about passing the inspection and making repairs out of pocket before closing or taking a deep discount off of the asking price. Preparing the home for the showings ahead and making updates is costly. When you sell an off-market property listing in Erie through a direct sale with a company like Bear DeSanctis Real Estate, we buy homes as-is, so there is no more need to worry about repairs or even cleaning up. Bear DeSanctis Real Estate takes on all the risk.

Agent Fees
Many agents also charge a fee for transaction processing and other expenses that agents may hide. When you sell your off-market property listing in Erie to a professional buyer like those at Bear DeSanctis Real Estate, they charge no agent fees. There will be no hidden fees to pay at closing; the offer will clearly outline how much cash you’ll receive at the closing.

Time
When properties are listed traditionally through the MLS, potential buyers can track the number of days the property is on the market. A great many days passing indicates to buyers that something is wrong with the property that the listing doesn’t disclose, typically resulting in bargain-basement offers, if any. The number of days an off-market property has been for sale is unknown to the buyer, which is one of the motivating factors behind off-market listings. Instead, sell fast to a direct sales company like Bear DeSanctis Real Estate, closing on your private listing can be in a matter of days or whenever best suits your needs.

Bear DeSanctis Real Estate makes it simple and straightforward to sell an off-market property listing in Erie. We make the process easy! When you get an offer from Bear DeSanctis Real Estate, we will handle everything, and we can guarantee your home will close fast, often in just a few days. Whether your home is older and needs repairs or you want to limit the number of strangers who come through your home, why not reach out to Bear DeSanctis Real Estate and learn more about your options with no obligation. Send us a message or call Bear DeSanctis Real Estate at (814) 806-1343.

https://www.selltobear.com/blog/sell-an-off-market-property-listing-in-erie/

5 Benefits of Offering Owner Financing To Home Buyers In ErieOffering owner financing is an excellent way to sell your h...
12/13/2022

5 Benefits of Offering Owner Financing To Home Buyers In Erie

Offering owner financing is an excellent way to sell your house for the price you want, all while making money off of the interest. Learn more in this post!

Utilizing owner financing or a rent-to-own agreement is an excellent way for investors and homeowners who want to sell a house quickly and for the price they want. While the home won’t be sold outright until the end of the agreement, it can be a way to increase what you’re making each month, while almost guaranteeing a sale on a pre-determined date. Many people don’t consider this option when selling their Erie house. However, if you don’t need the entirety of your proceeds upfront, selling your house in Erie with a rent to own agreement may be right for you!

1. Sell Faster
When you use a rent-to-own agreement or offer owner financing to buyers, you will open the door for many people to buy your house who may not have been able to before. More potential buyers means that you will be able to get a contract signed much more quickly. You will be able to find potential buyers who are eager and determined to follow through on their end of the transaction. Be sure to do your homework on your prospective borrower. If a traditional bank had turned them down in the part, there is likely a reason why.

2. Create Consistent Income
By offering owner financing, you’ll be able to bring in a consistent income each month, with a lower risk of a late or missed payment. Your tenants are invested in the property and are much less likely to default on their payments when they know they are in it to eventually own the home outright. In most cases, you aren’t going to have to worry about any vacancy during the life up the agreement. A savvy investor may be able to facilitate a few of these agreements on multiple properties, thus producing a very strong, somewhat passive, income for themselves.

3. Get The Price You Want
People who are taking advantage of your owner financing offer are going to have less room to negotiate for a lower price. In many cases, they are eager to buy, especially if they haven’t been able to in the past. As such, you will likely be able to find someone who will pay you exactly what you want for the house, even if it does take a little bit of time to collect 100% of your proceeds.

4. Collect More Each Month
In addition to getting the overall price you would like to receive for the property, your tenant will also likely pay you a higher than average “rent” payment each month until the agreement has completed and they buy the house outright. In some cases, a percentage of the monthly payment will go toward the down payment on the house, owners can still find themselves collecting a higher than average check each month.

5. Peace Of Mind
When you consider offering owner financing to prospective buyers, you’ll get the peace of mind in knowing that the people moving in are going to take care of the home. If they trash it, miss a payment, or otherwise violate the agreement, they could be out a hefty down payment along with their opportunity to purchase your home.

Offering owner financing for your house in Erie may feel risky, however it is how investors and homeowners all over the country are able to create consistent income while selling a house they’d rather not hold onto for the long term. Our team is happy to answer all of your questions and help you facilitate the process!

Reach out to us today to learn more about offering owner financing when trying to sell your house fast in Erie!

5 Ways A Direct Sale Will Save You Money in ErieSo you find yourself ready to sell and while you don’t want to pay all o...
12/12/2022

5 Ways A Direct Sale Will Save You Money in Erie

So you find yourself ready to sell and while you don’t want to pay all of the commissions and fees that come along with a traditional real estate agent, you also dread all that is involved with listing the property as for sale by owner. At Bear DeSanctis Real Estate, we’ll take the time to listen to all of your questions about the process and the potential savings involved with a direct sale, get started today by calling (814) 806-1343.

Besides avoiding all of the headaches of listing your home on the market, as a seller, you can save yourself money in the following ways by making a direct sale of your Erie property.

No Repairs or Renovations
Inspections and appraisals are an integral part of the traditional home selling process, leading many to put thousands of dollars into a home that they’re ready to walk away from. In order to pass inspections, it’s possible that you could end up facing overwhelming repair bills for an issue you weren’t aware of previously. Real estate professionals know that many buyers won’t be able to realize the potential you may feel your property possesses because they can’t see past anything that is outdated. These upgrades can be anything from aging cabinetry to apparent wear and tear in flooring, woodwork, and even the paint on the interior and exterior of the home.

Pack and Go
Cleaning? Sell direct and forget it! Experienced real estate agents know that most buyers don’t have the vision to see beyond your clutter or any apparent decorative flaws. They’ll advise that nearly every surface be free of objects. Most especially photographs or items that are of a more personal nature. Today’s real estate professional will likely advise that you store your own belongings and spend further on staging the home, both for advertising publications and showings. In addition, you’ll need to keep up the exterior curb appeal for these reasons. This allows the buyer to more easily visualize themselves living in the home. You can save all the costs involved in a deep clean of your Erie home when you sell directly. In many cases, you can just leave behind any items you’d rather not take along to your new residence.

Forget Closing Costs
You’ll save money when you sell directly in Erie by eliminating most of the normal fees associated with traditional closings. You’ll also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties.

No Marketing Expenses
Whether you are working with a real estate agent or selling your home on your own, any marketing expenses will be passed on to you. Naturally, the more you spend, the better your advertising vehicle and reach to the public. As a part of the marketing plan, you’ll need to have your home picture perfect.

Monthly Costs Eliminated
The monthly costs of homeownership can add a lot of pressure, especially if you’ve already had to relocate for work or personal reasons. These costs can run into the thousands, including taxes, mortgage, insurance, utilities, and maintenance. If your home is aging, repair bills are usually depleting your funds on a more regular basis and can be extremely expensive. The financial burden and personal stress can add up quickly. By choosing a direct sale, you could quite literally save yourself thousands!

Just pack what you want to keep and sell your Erie property directly. You can leave the monthly payments behind sooner than you think. Call Bear DeSanctis Real Estate today at (814) 806-1343 or send us a message to learn just how quickly we can help you start saving money!

Sell My Home Fast In Erie – 5 Tips to Help You Sell Quicklyhttps://www.selltobear.com/blog/sell-my-home-fast-in-erie/“He...
12/09/2022

Sell My Home Fast In Erie – 5 Tips to Help You Sell Quickly
https://www.selltobear.com/blog/sell-my-home-fast-in-erie/

“Help! I’m Trying To Figure Out How To Sell My House Fast In Erie“
5 Tips For Home Sellers
If you own a house in Erie and want to sell it quickly, read this blog for 5 tips that will help you sell your house sooner!

Tip #1 – Skip The Fix-Up
One of the most time-consuming reasons that homes don’t get sold as quickly as the seller wants to sell is because of the renovations, repairs, and clean-up that needs to happen before the home can go on the market. Real estate agents understand what their buyers are looking for, so they usually urge sellers to make renovations. Unfortunately, the larger the renovation, the longer the sale is delayed.

Tip #2 – Forget Retail
When a home is sold “on the market” (usually listed by an agent), the prospective buyers are usually called “retail buyers,” meaning that the buyers are looking to buy a home that they want to live in. Unfortunately, retail buyers are notoriously unpredictable and they buy on their own timeline, which may not be your timeline! A better option is to think about selling to a professional home-buying company.

Want more info about how to sell your Erie house quickly? Click here to fill out the form or give us a call at (814) 806-1343

Tip #3 – Gather Your Data
One surprisingly time-consuming piece of the sales process is when the buyer requires information that the seller needs to find. This might include information such as when the HVAC unit was installed or when the roof was last shingled, etc. Homeowners who anticipate these questions and have the answers at their fingertips can usually accelerate the buyer’s timeline and potentially sell their homes faster.

Tip #4 – Bypass The Agent
An agent is motivated to sell your house and try to get the best price for it. While that is important, it means that they may not always have your preferred timeline in mind – since an agent may choose to delay if they think they can get a higher price. Bypassing an agent and selling directly to a buyer, such as a buyer like us at Bear DeSanctis Real Estate will help you to sell your house faster. (We are home buyers and we have cash on hand to buy your house right now)

Tip #5 – Get Ready To Decide
It is our experience that homeowners who think they are ready to sell are not always truly ready. They WANT to sell but when it comes time to make a decision, they have difficulty moving forward. If you are really interested in selling fast, and you get in touch with a company like us, get ready because we can move very quickly and can even close in and put a check in your hands in about a week!

We can help:
Any person
Any house
Any condition
No matter what you owe.

Call us today.
Bear - 814-806-1343

Address

Erie, PA
16506

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