Need to sell your house fast in any market?
Need to sell your house fast? There are many ways to sell your house beyond the traditional sale and even when the market is bad. Here are a few ways to do so.
Lower the price of your home.
This works only if you have sufficient equity to make it work and still make a profit. As simple as it is, lowering the price of your home 60-80% of the sales price is a huge eye opener for most buyers. Drop it and the buyers will come flooding in. You have 2 options in this case. Retail buyer or wholesale buyer.
Retail buyers an typically take 60 day or more to close on your property so if you are prepared to wait then you may be able to get a little more for your property.
If timing is everything when selling your home fast and you need to sell your home like … yesterday, an investor (wholesale buyer) might be able to speed up the process by offering all cash offers on your home. As a trade off for this kind of offer, investors typically want to buy your house at a 70 – 60% discount off the properties value. We buy houses all cash
That’s right offering a little seller financing could help speed up the process. If you need to sell your house fast in any market this is a big one that you need to really consider. If buyers are only approved for a certain amount and you seller finance the remainder you can open the door to more buyers and can get a higher price for your home. The nice thing about this is that you can get most of your money upfront and the rest as a source of income every month. If you like the idea of having a stream of income from the sale of your home then this might be an alternative to consider. Give us a call and let us know if you are offering any seller financing. We can get you an offer in less that 24 hours. We buy houses with seller financing.
Subject To Agreement
I would recommend this if you are underwater on your home and you need to sell your house fast. Meaning that the mortgage is currently more than the house is actually worth or if you need to sell your home fast, do not have any options left and cannot sell your home for above the current mortgage amount. You can sell your house fast via a subject to agreement where you can have the buyer make payments to the mortgage while they take ownership of the property. This comes with one downfall.
- The mortgage will stay in your name while the buyer makes the payments on the mortgage until they can refinance it to their own mortgage in their own name.
- If the buyer misses any payments it could have a negative effect on your credit.
Make sure that the person or company is capable of making the payments on time. You can do this by having them schedule the payments at least 15 days before the mortgage is due or even having an escrow account setup to hold the funds at least 2 months in advance. If done right this can help you maintain a healthy credit score while you are making plans for owning the next home. We provide services like this and can take over the payments on your home. Sell your house Fast. We take over your mortgage payments.
These are just a few of the many possibilities that are available. If you need to sell your house fast we can help. Give us a call and and well pull together a few strategies for us to buy your home.