Do You Need to Relocate and Sell Your House Quickly?
Many clients contact PropertyLark because they are in a position where they need to sell their house quickly. One of the most common reasons is because they are relocating for a job or for their family. This puts the homeowner in a position where they need to sell their home as soon as possible, so they can move onto the next chapter of their life. The seller may also be depending on the proceeds from the sale to fund their move or get a new place wherever they are headed.
So, what do you do with your property in this kind of situation? How can you sell your house quickly during a sudden relocation?
The answers to these questions may depend on your overall financial situation and how much time you actually have available to plan your move. Let’s take a look at both of these factors and how they may influence your home selling decisions.
What is Your Financial Situation?
If you have saved up plenty of money and can get by just fine for awhile in your new location, then you may be able to take your time selling your house. You can get it prepped for the market, hire a Realtor® to represent the listing and market the property, and wait for offers to roll in from interested buyers. This is going to be your best bet if you want absolutely the highest dollar value out of your home sale. Keep in mind it will take time (a couple months at the bare minimum) and you will be paying ongoing homeownership costs including mortgage payments, property taxes, insurance, utilities, etc.—not to mention the commissions for any real estate agents/brokers involved in the sale.
In other words, a traditional home sale on the open market will cost you some time and money as you are already spending money in your new location. However, it is still likely the best solution if you want to make the most profit from your home sale. Or, you may even opt to hold onto your current property and keep it as a rental. You can hire a local property management company to oversee the unit and you could earn some extra income each month.
If you are depending on any money from your home sale to move into your new location or you don’t want to spend any more than you are already spending on the move, you may want to consider alternative home selling solutions. A cash home sale to a real estate investor is a fast and easy way to sell your house. The transaction can be completed within a couple weeks—not months—and you can have the cash in hand for your relocation.
How Much Time Do You Have?
As we mentioned, it may take several months to sell your house in a traditional manner through a real estate agent or on your own as a “for sale by owner” property. If time is not on your side, then you will want to seek out other home selling solutions like the cash home sale mentioned above. Real estate investors may also be able to present creative financing options or other home selling plans to best suit your needs—both in terms of timing and finances.
PropertyLark will be glad to help you explore all your home selling options. If you are looking for a fast cash sale, we can present you with a fair cash offer within 24 hours and we’ve been known to close transactions in as few as seven business days. Or, we can connect you with a reputable local real estate agent or show you other home selling/financing solutions based on your specific relocation situation.
Contact us today to get started. Please fill out the form on the right of this page. Let us know a little about you and your house and we’ll get back to you right away!