Sell Your Home For Cash
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5 reasons to sell your home for cash today!
Selling a home for cash offers peace of mind and a solution to many problems. If you need to move very quickly and get your money much sooner, a cash as-is sale is possible in as little as five days. No matter what you’re selling, you can sell your home for cash quickly and be on your way to starting that new adventure in a brand-new home right away. No mortgage term or loan required. No complicated paperwork to fill out.
In the not-so-distant past, selling homes meant waiting until the last minute to set up financing and deal with closing. Then there were the closing costs, which could total thousands of dollars. There was also the worry that closing could set you back months or even a year, depending on where you lived. These expenses are completely eliminated when you sell your home for cash. The actual selling process takes just a few minutes and costs nothing.
In addition, once you’ve sold a home for cash, there’s no foreclosure or mortgage crisis to deal with. This is the most popular option for selling a home and it’s actually the best. With foreclosure, you still own the property until the bank takes actions (either accept the offer or reject it). With a cash offer, you sell the home and pocket the money right away, without any added fees. There’s no reason to wait and worry about the situation. Plus, there’s no mortgage to repay or closing costs to deal with either.
But the fact that there’s no closing or mortgage payment to deal with could make selling your home fast an even easier process. Most people who need to sell their home fast don’t have time to put up with extra fees and expenses. They don’t care how much time it takes or what it costs. All they want is cash in hand and a house in their possession.
No matter what your reasons are for wanting to sell your home, you have to sell it with a cash offer if you want to get the best price and sell it fast. If you can’t do it with a standard transaction, then consider one of the following options. Either way will work just as well. Here are the top 5 reasons to sell your home for cash:
No Mortgage or Bad Credit. Many homeowners facing foreclosure are selling their home with financing already in place or simply paying the mortgage with a low interest rate. If this isn’t an option for you, consider selling your home quickly with no money down. Even with bad credit, you can most likely to sell your home quickly with the right options.
No repairs required. A cash offer on a house normally requires some kind of repair. But for a conventional home sale, you have a much shorter time frame to make those repairs. You’ll also be able to get the potential buyer to pay a premium price since repairs are almost always needed before a buyer will agree to take a chance on a home.
No Contingent Fees. Some sellers are concerned that they might be forced to cover any potential repairs that are necessary. But by choosing not to go with a contingency fee, you can save yourself thousands of dollars. Plus, there’s a big difference between a contingency fee and a flat fee that is charged when selling. These fees are typically lump sum amounts and require you to pay them up front even if you don t get as much money as anticipated.
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Three basic steps to selling your home are pricing it right, staging it well, and negotiating. Sounds easy, right? Then why is it always such a complicated process? Listen to the experts and you will find out that doing these things well can take time, patience and persistence. Here are some tips that can help.
Selling your home in today’s sluggish real estate market can be difficult, but you can make it easier by improving your home’s appeal with some quick and easy fixes. Updated kitchens are a main concern of potential buyers. If yours is outdated and a complete overhaul is too costly, consider having your cabinets refaced. This costs substantially less than investing in new cabinets, and the change can be dramatic. Give your bathroom a facelift with a new pedestal sink and toilet seat. A prefabricated tub surround can quickly make those chipped and dingy tiles disappear. Give the walls of any room a fresh coat of paint in a neutral color. Now stand back, and watch the bidding war begin!
Make sure your house is move-in ready. The last thing a buyer wants to do when they move into their new home is start fixing things. If the house needs work, do it before you put it on the market. If a buyer sees too many things that need to be changed or replaced, they will quickly lose interest.
When you’re trying to sell your home, you want to make it look attractive to the potential buyer. One subtle way to do this is to go out and buy a decent looking shower curtain and put it up. Most homes for sale either don’t have one up or it’s an old one from the previous owner. You may not think it’s a big deal, but it can leave a subtle negative impression.
Do your homework. Read up on real estate investments, financial availabilities, marketing and acquisition techniques. Being knowledgeable about the very topic of real estate will put you ahead of other prospective buyers and will also help you have realistic expectations as you move towards buying your home. Even a new buyer can feel confident about home purchases when they are well informed.
To make your home more attractive to the buyer, try getting rid of some of your furniture. Big pieces can make your home look small. Find a place to store these items until you move; you will be surprised at how much larger your rooms appear. This will help the buyer see the potential in your property.
Around five days before the closing of the house that you are selling, you need to do a final walk-through. This is to assure that the house is in the condition that you have stated in your offer. You also need to make sure that any repairs which were noted, have been performed. Be sure to add a final walk-through stipulation to your initial offer.
Keeping one’s property free from mice, insects, and other pests can not only bring peace of mind but guarantee that if one is trying to sell the property potential buyers will not be scared off by something crawling around in their future purchase. A pest free property is a desirable property
Try not to be home when potential home buyers come to look at your home. By being home, you may make the potential buyer uncomfortable or pressured. Let your real estate agent show your home. You can go visit family or friends or go to your local mall when your home is being shown.
If your home has been on the market for a long time without selling, try to slightly lower the price. The price drop could attract many new potential buyers. Also, offer incentives in your asking price, such as you paying half of the closing costs or you paying for new appliances.
Sell when there is news, and buy when there’s a rumor. By the time something is publicized, most of the trading juice has been squeezed out of it. Pay special attention when something hits the news, because it’s usually time to sell. By contrast, a rumor might be a great tip. Just make sure that you’re financially covered to take that risk and do your research.
Selling your home comes down to three basic steps – pricing it right, staging it well, and negotiating. These steps don’t always come together so easily though. As we have explained in this article, following a few helpful tips can make the process easier, and your home sell quicker too.