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How a Quick House Sale can Happen to you
Generating a cash offer for my house with 7 simple tips
Dealing with trying to sell real estate can be difficult. The process can often be slow and painful. Is there a better way? Yes, in fact, there is! A quick house sale is no longer impossible to achieve. There are several tips that homeowners can use that can drastically improve the process. Have you wondered how to attract a cash offer for my house? By employing these strategies and tips, you will receive a cash offer for your home in no time.
What is a Quick House Sale?
Have you sold a house before the year 2000? For those who have, you probably experienced a terribly slow process. There is lots of paperwork. Hardly anything was done online. Nowadays, selling a house is quick. Most of the process can be done online and through email.
Fast forward two decades, the process of selling a home is high-speed. People can text each other when needed to get instant answers to questions. You can even text photos of a house or a document to someone. This keeps the process moving along. A quick house sale means that you don’t spend months waiting for the process to be over.
Which types of houses sell quickly?
Selling a single-family house
The beautiful thing about real estate is that it works regardless of the type of property. Are you the owner of a single-family house? Then you are in luck. Those can be some of the easier properties to sell. Especially in an area where most of the houses are similar in size, style, and age. These houses sell quicker because they are easier to analyze. Home buyers know what they are getting into before they even step foot in the house.
For example, if all the houses on a block are 3 stories tall, between 1000-1200 square feet, and all built the same year, there is a good chance they will be worth similar amounts. Of course, value also depends on the condition. But for this example, let’s say that they are all in similar condition. There are fewer variables that could positively or negatively affect the value of the house. This means that home buyers can offer to buy your house for cash without having to spend as much time thinking about it.
Multi-unit Buildings
If you are looking for a quick house sale, but your property is more than 3 units, it may not be as easy to sell. When it comes to properties that are more unique, or simply larger in size, they usually take more effort to sell. Now, that’s not to say you can’t find the perfect buyer on day one that will give you a cash offer for your house. It can happen. However, it’s less likely the bigger the property is.
For example, if you are trying to sell a property that has 50 units inside, you have a limited pool of buyers that would be interested. Think about it. There are fewer people in the world that have the means to buy a 50-unit building versus a single-family house. Naturally, when working with fewer buyers, it can take longer to get the cash offer that you are looking for. It will take more effort from your end, as well as any real estate professional helping you out.
Vacant Land
Selling vacant land can go both ways in terms of speed. Land buyers usually pay in cash more often than traditional home buyers. Banks also provide fewer financing options for land versus houses and buildings. If you own a small vacant lot within a city, it can be extremely easy to sell quick.
You don’t have to take many photos of a small piece of land. There are no open houses like there would be when selling a house. Additionally, you do not have to stage a piece of vacant land. You can simply take a photo, add a quick description, and begin marketing it online. Cash home buyers are usually also interested in buying vacant land. There are opportunities to develop on it and build houses. That is a common, yet complicated, strategy for some real estate investors.
Do you own a huge piece of land that has hills, trees, and gullies? Maybe it is a large farm with dozens of acres to it. Either way, it can take longer to find the right buyer for a property like that. Achieving a quick sale for large pieces of land is not easy. There are limited people looking for pieces of property like that. You may have to be flexible with your price to get a quick sale. If not, the process can take longer than a usual property sale.
How to generate cash offers for my house?
Now that we know all about what a quick house sale is, it’s time to start getting offers. To receive cash offers for a house, you must first let the right people know about it. Finding cash home buyers is not as hard as it used to be. By attending local real estate meetings, you can usually find home buyers who will give you a cash offer for your house. For smaller areas that don’t have local real estate meetings, I suggest going online. You can type in a search for companies that buy houses for cash near me. Once you do that, check out their reviews and decide who would be the best fit to work with.
In addition to networking locally to find a cash buyer, you can also market your house to the world. A great place to start would be to place a for sale sign outside in your front yard. Have you said to yourself that I need to sell my house fast so I can move? If you are dreaming of a quick house sale, it can happen but may require some effort.
By placing a for sale sign outside of your house, you instantly let the people around you know what is going on. Word spreads quick, and people like to talk. The people that will give you a cash offer for your house will show their faces soon. If it is a good deal in their eyes, they won’t want to miss out on the opportunity to buy your house. You can count on a quick house sale when you let enough cash home buyers know about it.
What to look for in a cash offer?
Cash offers come in all different shapes and sizes. More specifically, the contingencies within a cash offer are the things you will want to pay attention to the most. What is a contingency? It is essentially an out that the buyer has, where they can opt-out of the contract that they signed with you depending on certain circumstances or events.
Contingencies in an offer
If you have questioned whether you can find a cash offer for my house, make sure it doesn’t have too many contingencies. Some contingencies are standard, such as a final walkthrough of the house. Others are stricter. Cash offers for houses that have dozens of contingencies might as well not even be cash offers. They seem sexy at first, but don’t actually carry much weight. Don’t be fooled by these weak offers. Make sure to read through the contracts and identify exactly what the cash home buyer is requiring.
When to sell a house quick for cash?
Timing is everything. Typically, selling a house is best to do during the summer months. May is known as the ‘best’ month to sell a house. Thankfully for homeowners, if you plan to work with a cash home buyer, the time of year doesn’t matter.
Home buyers that do this for a living do not limit themselves to certain months of the year to buy houses. You can still achieve a quick house sale during the winter. This is extremely helpful for homeowners. If you get into a pinch and need a quick sale of your house, you can make it happen at any time.
Don’t put yourself in a box and think you need to wait until the summer to get a good price for your home. Follow the tips we reviewed earlier to locate cash home buyers. Network with them, and see if they can help you sell your house fast. Do you need money for Christmas gifts during December? Consider working with investors who can give you a cash offer for your home.
Why do cash offers help make a house sale quick?
In general, cash offers are much quicker than offers that are backed by a loan. Cash is instant. That helps speed up the process of selling your house by a ton! Click here to review tips on exactly how to sell your house quickly for cash. It can be achieved and is not as hard as you may think.
Homeowners can get out of trouble by selling their house quick to a cash home buyer. When time is of the essence, you can rely on people doing this for a living around the clock. They don’t take time off during the year and can help you sell your house when you need to. Whether you locate them yourself, or they find you, cash home buyers are there to help.
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Process
Tell Us About Your House
Call in or use the online form. Jon will crunch the numbers and determine an estimate of what we can pay you.
We Call You to See The House
We usually call within minutes to chat and learn more about the situation, answer questions, and set a time to see the house.
Receive Your Cash Offer
Since we buy houses as-is, there are zero repairs required before closing. We will make you a fair offer to buy your house as it stands.
Set Move-Out Date
You pick the date. We work around your schedule and at your pace! Stress-Free.