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Real estate alternatives to sell your house fast
You need to sell your house fast. But where do you start? The process of selling a home can be complicated, especially if you do it all on your own. There are so many details you have to observe to sell your house fast. Unfortunately, due to the slowing real estate market, there is little you can do to guarantee a fast sale. There are so many properties listed for sale right now that the average house can sit on the market for months unsold.
Taking the traditional route to sell your house fast
You may think that hiring a realtor is the best way to sell your house fast. They will handle the entire process for you and get the asking rice for the home in just a few weeks, right? When the real estate market was at its peak, and homes were literally selling without being seen or inspected, many real estate agents were credited with making this happen.
But things are different now. The market has changed dramatically, and no one - not even real estate agents - could have predicted all of the changes that have occurred. Your goal is to sell your house fast. If you hire an agent who does nothing but list your property in a multiple listings computer database along with lots of other homes with descriptions similar to yours, it won't be enough to sell your house fast. Even if you have an agent who advertises and markets your property aggressively, your home could still remain listed on the market for a very long time.
Auction your own home
The National Auctioneers Association says residential real estate auctions are occurring more often. If you are really looking for a way to sell your house fast, you may be considering auctioning off your home. Experts say that it can take anywhere from three weeks to well over a month to sell your house fast through an auction. You will also be expected to pay a sellers fee. It can be anywhere from five percent to eight percent of the purchase price of your home. Some auction companies require advance payment to cover the marketing expenses which are around two percent of the purchase price of your home.
Auctioning may help you to sell your house fast compared to traditional real estate selling methods, but it may not be fast enough. If you are faced with only a couple of weeks or a few days to sell, this is not an option that will help. You also need to consider all of the fees involved, and whether you have five to eight percent of your home's purchase price available for an advance payment.
Why work with real estate investors?
When you need to sell your house fast, real estate investment companies may be the best choice. These companies are able to buy your home within a few days. Some companies may even be able to do so within 24 hours! Real estate investors use private funds to pay for the sale of your home. That means they can close much more quickly, and in some cases offer you a full cash settlement. If you are dealing with a deadline like a foreclosure or you are moving across the country for a job, you don't have time to waste when you need to sell your home fast.
The choice is yours
You have more than one option to choose from when you want to sell your house fast. But if you only have a few days to get it sold, real estate investors can help. There are no hidden fees involved, and you don't need to worry about paying extra money to repair or fix up your home. Investors will buy your home in its current condition, making it more than possible to sell your house fast.
Saturday, April 29, 2017
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