Selling your home doesn't have to be stressful
For many families owning a home is their biggest monthly expense. Investing in a home is a rewarding venture but it can quickly turn stressful.
There are numerous situations where you might find it's time to sell your house. Selling a house can add more stress and anxiety due to the complicated process, the paperwork, and the time it takes to complete the transaction.
If you have ever tried selling your house only to have the buyer’s financing fall apart, you can relate more than most.
It feels like it takes 100+ phone calls to get all the little details worked out.
Luckily there is help out there for anyone looking to sell their home.
Selling a house the traditional way (with an agent) is a great way to have someone help you along the home selling process. But for most families they are unaware that other options even exist.
For example, did you know there are local investors in nearly every market who will buy your house for cash? Take for example a client I have worked with Buying NM Homes. They are a reputable company who can close quick on your home.
That is why we have created The Ultimate Guide To Selling Your House Fast.
In this guide, we are going to break down all of the situations you might find yourself in and exactly what your best options are. It's our hope that this guide is incredibly helpful for you and removes the stress and worry that is often associated with selling your house.
Letters from your mortgage holder are the last thing you want to see in your mailbox. But the unfortunate reality exists.
We were around during 2008 and know that a lot of great families lost their homes. We want to help you avoid foreclosure and the stressful situation of a bank taking your home.
According to RealtyTrac, an industry-leading research firm, 18% of homes in New Mexico enter pre-foreclosure this year.
The first thing you should do when you are entering pre-foreclosure is not feel bad, it happens to honest hard working people.
But don't delay, you should consider selling as soon as possible so you can take advantage of all your options.
If you are fighting foreclosure your best bet might be to consider reaching out to a local real estate investor. They can help you avoid the time and hassle it takes to go through the banks and Agents to get your house listed and sold.
Here are the benefits of working with an investor.
- You pay no fees
– No Realtor Commissions
– NO Closing Costs
– They pay all the costs for you
- They buy houses in ANY condition, regardless of what you OWE
- Super fast close with CASH in your hand within 7 – 10 days
Inherited An Unwanted Property
Most people would welcome the idea of inheriting a house. Unfortunately, it's not always as great as it seems.
Often times the house needs a ton of work and repairs to make it a great home to live in. These repairs have high costs.
In addition, there is something called "probate" which is the process of the court moving the house from one person to the other.
It's shocking that 55% of people don't create a will which makes the probate process last 6 months or longer to figure everything out.
If you find yourself in probate or inherited an unwanted property you can unload the property for cash and close quick.
This option is great if you are out of the state in which the property is located and don't want to spend hours on the phone with an Agent and constantly have to check in on the home selling process.
You can try listing with an Agent but if you just want to be rid of the property fast you might consider a real estate investor.
Selling A House During Divorce
Getting a divorce is incredibly stressful. There are a lot of emotions involved in splitting your lives apart. We are sympathetic to any couple going through a divorce and struggling to decide what to do with their biggest asset, their home.
If you both want to get rid of the house, walk away with cash in your pockets, and start fresh..you have multiple options.
Listing with an Agent means you will both likely need to remain married before things get complicated with the names on the title.
It really depends on your state, your specific situation and an attorney might need to be hired to make these types of decisions.
You can also talk with a real estate investor to see if they can close on the house quick for cash and split the proceeds with your spouse 50/50.
The idea of renting out an investment property is great in theory. You can make money letting someone else live in your house.
The sad reality of the situation is most tenants don't take care of your home the way you would.
This means stains on the carpets, holes in walls, broken appliances, and who knows what else.
We have heard of tenants having the cops called on them and the homeowner being liable...talk about not fun.
If you find yourself in a situation where you don't want to be a landlord anymore you should try listing your property with an Agent.
Often times an Agent will know a select group of people who are looking for rental income properties.
One of the best ways to increase your wealth is to go for a new job. Getting a new job allows you to renegotiate your salary for a higher price.
Unfortunately, sometimes that means relocating to a new city or state to get that job. If you need to sell your house fast so you have the cash and time to move to your new opportunity you should consider a real estate investor. Why? Because they can give sell your house and give you cash the fastest.
Most times they can even close on the day of your choosing so you can live in the house until it’s time to load up the UHaul.
How does the home selling process work?
5 Simple Steps:
- 1st – Call the investor of fill out a form on their website.
- 2nd – They will gather information from you about the property.
- 3rd – They will meet in person at the home for a quick walkthrough or jump on a phone call if you live outside of the area.
- 4th – They will give you a no-obligation, fair price, all cash offer. They will answer all of your questions and determine when you want to close.
- 5th – The day of closing they will meet with a local Title Company and get you your check.
What are the advantages of selling your house to an investor?
- Working with them is fast, convenient & painless – you can start the process today.
- You can have cash in your pocket in days, not months.
- You will avoid paying the thousands (or tens of thousands) of dollars in commissions, closing costs, property taxes, insurance or multiple mortgages payments.
- Avoid any risk of uncertainty like your buyer’s financing falling through or dealing with property inspections that weren’t satisfactory to them.
- No need to make the needed repairs, get caught up on late payments, settle outstanding utility bills, tax liens or more.
- Also, please understand that the price they agree on is the price you walk away with! This is a net cash offer = money in your pocket.
- Most are knowledgeable and have an excellent reputation.
How do I know you are legit?
It’s important to do your research. Call around and get a couple of quotes.
One of my favorite ways to tell if they are legit is if they have testimonials on their website. Legit investors will tell you about other families they have helped.
Also give them a call and see if they sound professional. Do they return your call right away? Do they seem to know what they are talking about?
Don’t be afraid to ask questions.
At the end of the day, it’s your home and your life. You need to make the right decision for you.
But it’s also important to know that real estate transactions aren’t what they use to be. You have options when selling your home and it’s important to be educated on the ways you can sell your house fast.