Sell my House Fast for Cash
As a home owner, you might be wondering how you can sell your house fast for cash if you’re having a difficult time. Unfortunately, things occur like foreclosures, divorce, the loss of partnerships or family and other unseen events.
On the other hand, the good news is, you can still sell your property fast to quickly get to the next phase of your plan. We’ll be covering two great options to meet your home selling needs. Try one or both of these options to sell your house fast for cash.
Sell Your House to an Investor for Cash
Selling your house to an investor will be the fastest way to get rid of your property. An investor will has the cash to make the purchase as soon as the property passes inspection. This is much faster than a traditional sell which involves finding a family to purchase your home. In addition, a family typically needs a loan to close on the property which can easily be 30 extra days.
Why Investors Buy Houses
Investors love to buy houses because their goal may be to fix and flip or rent it out, in the hopes of long term gains. This explains why you do not need to make any repairs on the property. After the purchase is made the investor may likely put more cash into the building for renovations.
Following this further, when the property is fully renovated with upgrades, it should be able to be resold for market price or above it. If selling the property does not go well, it can always be used as a rental. Having several upgrades, the property can rent for market price. This is also and option for you if, you have the time and money renovate plus, learn the business. Click here to check out a step by step audio book.
Getting started with an investor cash buyer
If you would like to get started with an investor buyer, you would first need to find the investor AKA cash buyer. Luckily, JTRealProperty.com allows you to submit your address and phone number to receive a fair cash offer for your property. Once the price is agreed upon, we will do the rest. Just read through and sign your agreement. After that, you can almost sit back and count down the days.
You can get started right now by clicking here.
The reason you want to start here is because the cash is already available and you have already found a buyer. Since the money is ready, the only thing that need to be done now is come to an agreement on the price. This is quickly done by meeting up and doing a walk-through.
Expect a walk-through to done in less than a week and as little as within 24 hours. During the inspection of the property, the investor and the team, are looking at the condition of the property and trying to make an estimate of how much work will need to be done. After the estimates are made, a fair and reasonable offer can be given.
Next, after the offer price is agreed upon, you coordinate with the buyer on a closing date. If you need time to move belongings or other preparations like setting up your secondary household, this should be no problem. Most cash buyers are flexible. Once the date is set, and the price is agreed, a signing of the agreement can take place.
Signing the agreement is very easy and fast. All you have to do is read the document and sign once your terms have been checked. One reason why why signing is really fast is because the agreement can be sent to you as soon as the terms are agreed verbally.
Expect an electronic document to be sent to your email for a fast digital signature. Electronic signatures are the new standard for selling and buying homes but hard copies can still be used if necessary.
Pros and cons of selling to an investor summary
Pros:
- All cash sale
- Fast offer
- Optional closing costs
- Flexible dates
- Typically no repairs are required to sale
Cons:
- Usually less than market price
- Sometimes difficult to find an investor
- Potential closing costs
Sell Your House with an Agent
If you would like someone else with experience to represent you by doing all the talking, try using an agent. Typically, home owners who have 45 days or more to sell, consider using a sales agent to list their home. However, you can sell your house fast for cash with a sales agent by hoping for an investor. You do this by allowing the sales agent to list your house on the multiple listing service.
The Multiply Listing Service (MLS) will put your property in a database of other homeowners who listed their home’s with agents. With that being said, their will be a lot of homes for families to filter through. But we need yours to stand out and get an all cash offer. We do this by adding specific details in your listing that an investor can spot quickly.
After you home is listed on the MLS, you will want the price to be for sale below market price. You need to do this because investors do not pay market price for houses unless they have an exceptional plan for it.; this is rare. Investors know, since they have the ability to close quickly and make your wait very painless, they expect a discount. Without a doubt, if you try to get market price for your house, it will be over looked by investors. Here’s how you get the price right.
Have your sales agent help you find comparable properties to yours and let them help you price it competitively below market. Once this is done, your property will stand out among the others for buyers who have a keen eye. Next, let’s make sure you only get cash offers.
In order to only get cash offers and not have families attempt to purchase your property we need to filter them out. We can filter out buyers with bank financing by ensuring your listing says “Cash Buyers Only” or “No bank financing”. Once this is done, you should only have higher quality offers for your property from all cash buyers.
Once your cash buyer has stepped forward, most of the work will be done by your listing agent and cash buyer. You will only have to deal with signing paper work and answering questions. As long as your inspection goes smoothly, your property will be sold in no time once the purchase price is agreed upon.
One big reason why some owners are hesitant to use sales agents is because they do not want to pay the commission. Commissions paid to the agent are typically three to six percent of your homes selling price. If you’d like a net estimate after the sale of your home, ask the agent to draft a cost estimate sheet. If your net sales proceeds met your expectations, an agent might work for you.
Pros and Cons Summary
Pros
- Your agent represents you
- Agent does the work after signing agreements
- Easy to find an agent
Cons
- Paying 3% to 6% of your sales price as a commission
- Long contract terms
- Below market price
- Waiting for an all cash buyer
Get Your Fast All Cash Offer with Us
If you are ready to get a no obligation all cash offer, click here for your property to be considered now.