National average for first time

download-21Phoenix’s homeownership rate increased to 63.4% in the second quarter, surpassing the national average from the first time since 2010, according to the Second Quarter 2016 Economic and Single-Family Housing Market Outlook Report for Phoenix released byTen-X, an online real estate transaction marketplace

“The city’s strong underlying economic fundamentals, high employment, growing wages and increasing population, bode well for continued growth in the housing market,” Sharga said.

Existing home sales in the city increased 12.5% from last year to 123,600 during the second quarter, according to the report. This is a new cyclical peak, and passed up the national average for the first time since early 2015.

While home sales are increasing, available inventory remains tight even after an increase of 7.2% from last year. New home construction remained weak, with both housing starts and permits down on a year-over-year basis, and lagging well below historical levels.

Home price appreciation slowed, but continues to increase in the metro. In the second quarter the median home price in Phoenix increased 8.4% from last year to $222,194.

“Compared to other major metropolitan areas, Phoenix real estate remains relatively affordable, even as prices continue to rise,” Sharga said.

Real estate finance that you should know

download-22Women in real estate finance, a small but steadily growing group, now have a place online to go to strengthen their network and exchange ideas and information about the industry, answering increasing calls for such a platform within the market.

On Tuesday, the Mortgage Bankers Association launched a new networking platform for women in the real estate-finance industry, mPower, which stands for MBA Promoting Opportunities for Women to Extend their Reach.

Marcia Davies, chief operating officer at the Mortgage Bankers Association, explained that last year the MBA started hosting its first networking events for women in real estate finance. “It was informal in nature since I wanted to see the level of interest to share information,” she said.

Well, there was definitely interest, and it’s only growing.

“What started out as a hunch and was tested with a few starting events, we realized very quickly was filling a void,” said Davies. “And the positive feedback we have gotten since clearly indicated that we not only are filing a void, but we also struck a nerve and need that’s out there.”

Davies stated that mPower is designed to recognize and promote the rise of women in the real estate finance industry, as well as the overall workforce.

According to the MBA, members can access the platform through this newly created webpage. Once someone joins the networking group, they can receive notices of MBA’s women’s events, gain access to its resources and information, and join their peers in a private, member-only online community.

Davies added that the MBA is launching the website now, before next week’s 2016 MBA Annual Convention & Expo in Boston, to raise awareness.

Davies explained that through the website women can know immediately where the other events are and who the speakers are, as well as have immediate access to some of the recent data and studies that have come out.

At MBA Annual in Boston, the MBA is hosting an event titled “Women in Mortgage Banking Networking Event Featuring MSNBC’s Mika Brzezinski.

According to Davies, more than 350 women have already indicated that they are going to come.

Davies added that an important factor in this launch is that it’s not just women that are supporting this; it’s the industry as well.

Davies said that one of the biggest advocates for this is the president and CEO of the MBA, David Stevens, who wanted to make sure the MBA took a strong formal approach.

“He was the one who saw the trend, and during one of our meetings said,  ‘I really want you take this to the next level,’” Davies said.

“Addressing the needs of this important segment of our workforce is essential to our industry’s success,” said Stevens. “MBA can be the catalyst for creating a strong, diverse network of women in our industry.”

Looking back at the early stages of this, at the MBA’s Secondary Market conference in May, the MBA dedicated a lunch on one of the conference days to the women in real estate finance, featuring Davies and Kim Azzarelli, chair and co-founder of Cornell Law School’s Avon Global Center for Women and Justice and partner at Seneca Point Global.

Even before all this became more formalized, there was a lot of interest from the industry, as the room that day was filled to the brim with women eager to learn more from each other and connect.

Home Loans in unpaid bills

download-23The New York Department of Financial Services is already reportedly looking intohow Caliber Home Loans and its parent company, Lone Star Funds, after receiving complaints from consumers about how the companies handle foreclosures.

But now, the companies have another fight on their hands over their foreclosure practices, and it comes from an unlikely source – one of their own vendors.

Chronos Solutions, formerly known as Matt Martin Real Estate Management, is suing Caliber Home Loans and Lone Star Funds, accusing the companies of failing to pay approximately $2.9 million in expenses to Chronos for work done on foreclosures owned by Lone Star Funds.

The lawsuit, filed in Dallas County and obtained by HousingWire, states that Caliber contracted Chronos in May 2014 to help with the repair and sale of foreclosed properties.

Over the last few years, Lone Star Funds has become one of the housing industry’s biggest buyers of non-performing loans from Fannie Mae and Freddie Mac through its trust, LSF9 Mortgage Holdings.

In just over the last year, LSF9 Mortgage Holdings purchased more than $3 billion in non-performing loans from Fannie Mae and Freddie Mac, chronicled here.

Lone Star Funds also purchases non-performing loans from the Department of Housing and Urban Development, a practice that’s rankled several community organizations and even some prominent members of Congress, including Sen. Elizabeth Warren, D-Mass.

After purchasing the distressed mortgages, Lone Star engages Caliber Home Loans, its wholly owned subsidiary, to service the mortgages and in some cases, foreclose on the mortgage.

According to Chronos’ lawsuit, Caliber will foreclose on the non-performing loans “when it is in Lone Star Funds’ financial interest.”

Chronos’ lawsuit states that after foreclosing on a property, Lone Star Funds uses Caliber to sell the property for the highest price possible, which is often done by repairing and making other improvements to the properties.

That’s where Chronos comes in.

According to the lawsuit, Caliber used Chronos for a variety of services, including obtaining an estimated sales price for a foreclosed property either “as is” or “with repairs.”

Chronos would then present these estimates to Caliber, which would then decide whether to follow Chronos’ recommendation and then whether to obtain bids for the suggested repairs or not.

According to the lawsuit, Caliber had the “ultimate decision-making authority” as to whether a property would be repaired or sold in its current condition. Chronos states that it did not have authority to make expenditures without Caliber’s approval.

If instructed by Caliber to do so, Chronos would obtain bids for the suggested repairs and provide the bids to Caliber, the lawsuit states. Caliber again then decided whether to proceed with the suggested repairs or to sell the property as is.

Then, if Caliber told Chronos to move forward with the repairs and capital improvements, Chronos would hire contractors and pay them from Chronos’ own funds.

Under the terms of the agreement between Chronos and Caliber, Caliber was supposed to reimburse Chronos’ out-of-pocket expenses for making the repairs.

But that’s not what happened, according to Chronos. Chronos’ lawsuit states that Caliber required the use of an electronic platform to request reimbursement from Caliber.

According to Chronos, the platform did not perform as intended, which led to more than $820,000 in reimbursement requests that were either improperly denied by the system or were stuck in the system and therefore never received by Caliber.

Additionally, Chronos said that because of the problems with Caliber’s chosen system and its related issues, more than $2 million in of Chronos’ additional out-of-pocket costs were never formally submitted or processed.

Chronos’ lawsuit states the Caliber is aware of all the costs Chronos incurred on each subject property.

“In fact, after the repairs were performed by contractors, evidence of completion was provided to Caliber and Caliber then instructed Chronos to pay the contractors,” the lawsuit states.

The lawsuit provides one example of an email exchange between employees at Caliber and Chronos where the costs of repairs ($24,000 in this instance) is discussed and then approved by Caliber.

“This property is just one of numerous examples in which Caliber instructed Chronos to order repairs; Caliber was provided with evidence of completion of the repairs; Caliber instructed Chronos to pay for the repairs; and now Caliber refuses to reimburse Chronos its out- of-pocket costs incurred in paying for the repairs,” the lawsuit states.

Caliber also set the sale price for each property, and Chronos did not have authority to lower it without Caliber’s approval. Chronos also did not have the authority to accept any offers on the properties, even if the offer was above list price, without communicating it to Caliber.

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Nevertheless, its not all the health benefits of losing weight are prolonged-expression there are lots of many benefits which people begin to see following shedding a few pounds, like having the ability to wander up stairs without leaving inhale, sensation significantly less worn out plus minimizing the pain of circumstances like osteoporosis as you set out to placed much less stress on your own joint parts. There are the visible modifications that come on account of healthier living. Having all that water to help you get the maximum Phentermine 37.5 milligrams  and upping your intake of fresh fruit, greens and crucial nutritional supplements won’t only cause you to be much healthier, additionally, it makes you search better as well. Think: sparkly head of hair, obvious shining pores and skin, strong fingernails and sparkling face – and who might not want all of the?! Not forgetting, consuming healthily also enables you to better, so it isn’t just your system that positive aspects if you lose weight with Phentermine 37.5 mg , your mind does way too!

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Usually, men and women slimming down see that what seemed impossible earlier is an every day issue, whether it is making healthy alternatives, accepting new problems or owning a minor more each day, and these kinds of do it yourself-enhancement could only bring more positive alterations in your living. By tracking these changes by hooking up with folks and blogging on our Phentermine 37.5 milligrams  forum, or simply by keeping a journal tracking how you are progressing, encounters and feelings, allowing oneself the ability to think about your accomplishments, when you already know how much you’ve acquired by reducing your weight, you won’t want to stop. People that see the finest Phentermine 37.5 milligrams  results and who’re the most profitable at retaining weight away completely are those who observe that healthy eating and routine workouts are for life and not until finally they achieve their target bodyweight. Lots of people getting Phentermine 37.5 mg  worry that when their doctor prescribed comes to an end they’re going to gain the weight again, but Phentermine 37.5 mg  is not a miracle tablet, it’s the kick-begin you possessed to start out on which is usually a hard trip. Knowing what number of changes you made as well as the many ways you’ve took advantage of turning out to be better because of your efforts with no one particular else’s, inspires one to proceed producing these much healthier choices to be the very best form of you. For an additional improve while you are having Phentermine 37.5 milligrams  or as soon as your prescribed comes to an end, our recommendation is that you take an appetite suppressant health supplement which provides you with curbing your appetite with an vitality increase that may help you proceed to shed weight, and then while you move into servicing, which can be an entirely diverse challenge to reducing your weight, but nothing that this new you simply can’t deal with!

The Best Advice About Properties I’ve Ever Written

Why Must You Invest In A Ranch? It is an essential thing that you will certainly know where you are actually putting your money such that you can make a really good investment, and that you can do so when you are going to be putting or investing your money in a ranch. Keep in mind that there is actually that romantic quality as you are investing in a ranch and that is actually something that you have to keep in mind, it is essential that you will know where you are putting your money into. Investing in a farm is something that is not an easy task to do and that is why, it is important that you will make sure that you are doing all it takes in your power so that you can be assured of good results that you will see in the end. It is an essential thing that you will really know full well all the essential details about the farm that you are having and that it is an important matter that you will have to fully and finally settle once and for all. It would be an important matter that you look at the fact about having a ranch, and that is something that you will have to take a good look at so that you will fully enjoy the different benefits that you will get along the way. There are different aspects that you will have to very much understand and that it is essential that you will fully get the right matters ready so that you can have the right results that you deserve to get in the end. There will be a lot of factors that you will have to check and pay a closer attention to and that it is essential that you will get a good understanding of what it is that is being given to you so that you can get the right results that you would love to see. It would be an important thing to have all these things be established so that you will see how it can fully positively affect you. Certainly, a lot of important details have to be looked into and that it is a matter of necessity that you will really be happy about the outcome of what is due of you and that is what you should always remember. It is a matter of importance that you will get the right kind of understanding so that you can know the right results and that you will really see to it that you have better outcome of what it is that you will have.Short Course on Properties – What You Should Know

Valuable Lessons I’ve Learned About Properties

The Essential Laws of Houses Explained

Tips and Important Reminders When Buying a Ranch Buying a ranch is no doubt a major investment. And with that in mind, you have to be particularly sure you’re taking this journey very seriously. One thing you have to understand is that ranch ownership as a responsibility does not end after you’ve made the purchase; in fact, it’s just the beginning. But the thing is at this point of the planning stage, all you have to focus on is buying a ranch in a way that you won’t be making any regrets later on. Well, to put it in other words, it means that you need to really figure out and fully understand what sort of investment you’re actually making. In all instances of buying a ranch, it really boils down to choosing the right property. But the big question is how do you determine if it’s right? Well, in order to figure that out, it helps if you’re an expert and qualified ranch broker. So if it is your first time to invest in a property like this, the best way to get the right one is by enlisting the help of a ranch broker. Try to look for ideas on where to find them online and there’s a guarantee you’ll have your list of prospects in no time. Once you do find a prospect or two, make sure you find time to sit down with them so that they will know what it is that you’re really looking for in a ranch. This is a very important step in the buying process because it will give the broker an idea as to what to include and omit in the list of prospective ranch properties. You likewise must understand that when it comes to searching for a ranch property to buy, every prospect you see out there is different from one another. In other words, one prospect could be equipped with amenities and features that the other doesn’t have and vice versa. In this regard, you need to set your priorities straight. Well, just to give you an idea on what ranch properties are usually being used for, the most common functions are for recreational and sports, agriculture and any related income-generating prospects, and for privacy and rest.
Discovering The Truth About Properties
In the end, you need to be sure you’re working with a group of people or company that genuinely works for your specific interest of looking for a good ranch property. You really need to be extra cautious in trusting people especially in huge investments like this because some of them might well be existing to rip you off.5 Uses For Houses

Study: My Understanding of Homes

Tips On How To Buy A Ranch. It will be very important to consider making realistic plans when it comes to determining the kind of a ranch that you will need in this case. This will be some things like if you want to rear animals then you have to ensure that the land is enough for it. It will be important to consider r a case where you will look at the soil type which will be right for you in this case if you will want to grow some crops. Just a look at the ranch will not be enough to ensure that you know if you can get the best out of it. Here are some of the factors you have to consider in this process when choosing a ranch. It will be important to consider the proximity to the markets as well as the major roads from the ranch. You will find that there will be equipment which will need to be used at the ranch and that will in many cases require a transportation system. The roads in this case will require a way in which they will be passible enough as well as wide enough to accommodate all the tractors in this case. It will be important of you to know whether or not the road cutting thorough the farm will be safe for the animals in this case.
What Do You Know About Houses
You will need to decide whether or not you will need a farm house so that you may be close to the property. Ensure you know how close you will be to the major amenities like the shops, schools as well as the hospitals in this case. Consider looking around to know if there are any neighbors to be seen in the vicinity. It will be important to consider the access you will have to all the major amenities like the water, electricity as well as the other services in this case.
What You Should Know About Options This Year
You will need to consider that when you are dealing with different locations then the lands will also differ. It will be in this manner that you will need to know why you will require a case where the land will be required for use. You will look at the acreage that will be sufficient for the ranch to accommodate all that you need it for. Also the topography is quite important since if the land is too flat it may be difficult to have a drainage system thus leading to flooding. Consider flooding to be the main problem that the farmers have to deal with in this case in their farms.

Getting To The Point – Houses

Easy Ways to Sell Your Home Moving or migrating from one place to another is something that we all get to do from time to time, meaning that, you have to know of the best means in which you can be able to sell your house if you have one so that you can move into a better one, getting to do so will also provide you with some additional capital which will be of some help too. You, therefore, have to know a few things, which means that, you will need to know of the best means in which you can get to sell your home, this means that you will be able to find some value for your money or even that you will get to successfully sell your home which will eventually get to work to your advantage, that is, getting to sell your home much faster. There are numerous options which you can use to selling your home, the first being that you can get to learn how it is that you can best use an investor, some of them might be online which makes it even much easier that having a for sale sign out of your house, this will ensure that you can find someone who you can trust and eventually get to sell your home.
Doing Homes The Right Way
More so, you can get to make sure that you can consider other options, from time to time, you might find that companies too need to invest, the advantage with companies is that they will get to pay you in cash thus making sure you will be fully settled, this will be a less risky means since you do know whom you have sold your home to and also you will have received the payment which you would need.
What Has Changed Recently With Houses?
This means that, you will have to take your time so that you can figure out what would really get to work best for you, that is, get to know if you would rather sell your home to an online investor or even a company, for both these parties, you will find that this is what they do meaning they will need to have a website which most people can get to access when they do need to sell their homes. This therefore will mean that, since both of these parties will be using the internet, it will be much simpler getting to look into their websites, this means that you will find it much easier to know what it is that would get to work best or even what it is that you can do thus making sure that you can get to benefit or even get some value for your home.

How I Achieved Maximum Success with Agents

Components To Consider When Hiring A Real Estate Agent A land specialist is an expert person who is authorized to mastermind and arrange a deal bargain for a land. A land operator’s capacity is to flaunt the property that is available to be purchased, put down posting courses of action filling in contracts and furthermore posting property among different sorts of administrations that they offer to their customers. With the mushrooming of many buildings nowadays there are several real estate agent s who ensure that they provide services to their clients such as the real estate agent Waterbury, however there are several factors and individual should consider when hiring the services of a real estate agent, One of the factors to consider is the reputation of the real estate agent and the company he or she works for and the best way an individual can be able to know more about the quality of services offered by the agent is by getting reviews from individuals who have been able to contract the real estate agent to for their services as the reviews of these clients often determine whether or not the individual will hire the real estate agent. The other variable to consider is the expense the land will charge you for contracting their administrations as there are numerous land operators who charge diverse rates of commissions thus an individual ought to endeavor to enlist a land specialist who will charge them low commissions in order to guarantee that they get the chance to spare some cash from the offer of the house.
3 Resources Tips from Someone With Experience
The other calculate to put thought is the permit of the land operator in that they ought to be enlisted under an expert board and furthermore become more acquainted with if there was any disciplinary activities or any objections that have been disclosed against the land specialist this is on the grounds that there are numerous fraudsters who may act like a land specialist then wind up cheating people off their cash.
Lessons Learned About Agencies
Another variable to consider is the experience of the land administrator in that he should have no not as much as a trial of no less than three years as this has a tendency to exhibit that the authority has been in the business for quite a while and that they think about how to offer a house and meanwhile and diverse segments which should be put into thought when they are setting up the clients house accessible to be bought as this tends to make the client sure about the land administrator that they will have the ability to orchestrate a sensible settlement for the house.

A Simple Plan For Investigating Rentals

If You’re a Student Renting Your First Apartment, Read This Moving into your first apartment as a student is one of the most exciting rites of passage you’ll experience as a young adult. Before you make any hasty decisions, let’s consider a few of of the most important details that go into this choice. Keep Your Specific Needs in Mind The first thing to take into account is the specific features and qualities you’ll need in your new living space. The distance to your college or university will certainly be one of your principal considerations. Will you have a roommate to save on costs? In that case, you’ll need two bedrooms. Parking will be have to be arranged if you use a car for transportation. Certain factors will be more significant to your specific circumstances, so focus on those and be willing to compromise if price is an issue.
Why Apartments Aren’t As Bad As You Think
How Long is the Lease?
On Apartments: My Rationale Explained
If your college or university uses a semester system, your academic period will generally last eight months. Unfortunately, your landlord will probably want to rope you in for a full year. Ask him about subletting the place during the summer vacation, since that’s the usual way to deal with this problem. You might also choose to stay in the apartment over the vacation. Whatever you decide on, figure it out in advance so that you know where you stand financially. What’s Your Budget? Depending on your income and parents’ support, the monthly rent may be one of the most critical parts of your choice. If you ask around, you’ll find that the most common guideline is to avoid spending more than around a third of your income on rent. As a student, of course, life isn’t always that simple. You’ll also want to know whether the quoted rent includes things like hydro costs and furnishings like chairs and a bed. The last thing you want is to run out of money before the end of the year, so ask your landlord exactly what is included in the price. Know if You Need a Cosigner Young apartment hunters are often discouraged to find out that they are not able to rent on their own without proof of income. Lots of properties require students to have a cosigner — someone with a proven income who will need to pay your rent if you cannot. Anyone you know who trusts you could potentially perform this function for you. Helpfully, property managers generally just want to see that you are dedicated to paying on time. As long as you don’t cause them any trouble, they may release the cosigner from responsibility after some time. Pets Can Be Problematic Have a beloved dog or cat that you’d like to take along? That could end up being an issue. Certain apartments will allow small pets, while others may ban them altogether. With careful research, you’ll have a smooth transition to your first apartment. Good luck!

How I Became An Expert on Properties

Ways of Selling a Home Fast. Homes are places where we dwell. Expect individuals to acquire their homes by buying, building, or inheriting . Real estate brokers help individuals to real homes of land for building a home. The role of real estate brokers is to market real homes. Parents and relatives have been known to leave their will to their children. It is not a normal thing to leave our homes and move to live other places. There are some special factors that can make us to abandon our real homes. Expect wealth to push us to leave our original homes. One can decide to leave their homes to occupy other better homes. Expect job opportunities to push us to leave our original homes. One can be transferred to new regions for job purposes. We can leave our homes due to insecurity. Leaving our real homes requires us to sell them to our partners. It is a requirement for us to renovate our homes before selling them. It is the mind of homeowners to sell their homes at a profit. Preparing a home for selling by use of cheap methods can help homeowners to get a profit. Expect all homeowners to love selling their homes fast. It is possible to sell your home fast by the application of some methods. You should clean and decorate the external part of your home. It is obvious for buyers to love a clean and a decorated home. You can decorate the outside by painting the walls of your house. You should not paint the walls of a building without first cleaning and smoothening it. This makes the paint to stick well on the walls. You should trim the flowers to make them look beautiful. It is beneficial to prune the trees and shrubs on the lawn. It is good to trim and level the grass in the lawn. It is important to clean both the pavements and the pathways. Such inexpensive activities are meant to make the outside appear beautiful. It is possible to win more buyers by selling your home at an expectable price. It should be your option to make your home well lit by installing light fixtures. This aids buyers who come to see your home access any point of your home. You should liaise with real estate agents to market your home in the online. It is a requirement for you to pay a listing fee for your home to be advertised via online. You should first negotiate with your real estate brokers for a fair listing fee. You should also market your home in social media platforms. Expect social media platforms to allow you to market your home by use of messages, pictures and videos.3 Houses Tips from Someone With Experience

Interesting Research on Options – What You Didn’t Know

If You Think You Understand Options, Then This Might Change Your Mind

Know the Very Factors that Will Help You Sell Your House and Get Fast Cash Offers For people who are looking forward to sell their house, chances are that you will want to make sure that you are looking at the right things. If you are going to look into such specifics, the possibilities of you making the right move should be opted and prioritized, considering the fact that this will most likely lead you to success no matter what. But the thing about this is that there are just too much that one could find and considering just about anything you will find could lead to a high possibility of devastation in the long run. Basically speaking, having to look into the right things is a great way for you to be certain that you will then make the most efficient decision at the end. Make sure that you will start your search in the most efficient way possible just so you will be certain that you will have a great selection and decision at the end of the day. It is very important that you will have to opt and make sure that you will not overprice your house as this is a very wrong move for everyone. Only do so when you have made the right planning and that you are certain that you are selling at the right time of the year. See to it that you will also load yourself with the understanding and timing of when houses should be sold to the market to get the most out of it.
How I Achieved Maximum Success with Options
Don’t forget to clean the house and that you should depersonalize it in order for potential buyers to sell their vision in your house. Having this done will ensure that you will give them a clear understanding on what their house will look like in the future. Bear in mind that it also is in your best interest to make sure that you will have the damages repaired respectively in a way that this will show the potential buyers that their investment will be worth it all. To really opt and make sure that you will check on such is great but remember that the investment should not be too much as it could risk your overall gains at the end of the day.
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Do your part and make sure that you will also have to make the move and place your house advertisement to as much social media sites that you could use. Doing so will allow you to further the popularity and the news about you selling your house. A good tip that you should know about is that you should have about 6 photos attached to it for your buyer’s perusal. Remember that you should also consider professional real estate agents to help you along.

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Is Your Real Estate Property Already a Fixer Upper? Your home is described in the real estate world as fixer upper if it already requires repair or reconstruction work, although you can still live in it. Buyers who wish to get a return of their investment by raising the potential value of the property, would usually look at a fixer upper property. This practice of buyers is known as flipping, or would serve it as a starting home for buyers who are on a limited funds. Because of home improvement television shows, fixer uppers have become popular especially with the do-it-yourself techniques shown during the shows. In order to get the best price for your fixer upper, it is good to know how to promote it in the real estate market. It is important to understand the various factors that would affect the saleability of your upper fixer so that you can get the highest price for it.
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Since the decision of buyers are usually affected by their first impression, it is very important that you know how to present your fixer upper. You can enhance the looks of your house if you maintain it well and this is something to remember. It is recommended that you take the effort to adorn your house, mow the lawns and have your fences neat before you go on advertising your property. If you can paint the exteriors with cheerful colors, this will give an inviting look of your property.
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Several investors who are new in the real estate industry would find help from a good real estate agent which would prove to be good in this new venture. An experienced real estate agent knows the real estate market and the professional can bring in potential buyers. An experienced real estate agent is usually a good negotiator too. Homeowners usually are very eager to sell their properties at profitable rates, however, it is good to know that there are certain limits that would determine the price of your property . If you plan to sell your house in order to buy a new one, it is better to sell is as close to your estimated price so you can dispose it immediately. Be aware that the price of your house would depend on the present market position and location of your property. It is better to have a good understanding of the market trends of real estate so you can fetch the price of your property at a reasonable amount. It would also be helpful to ask from people who had recently sold their fixer upper in your same locality. Be aware that the competition your area will have an effect in the price of your house. It is also important to have a promotion strategy to be ahead of your competition.