If you need to sell your house fast, then there are some things you need to know. The real estate industry is transitioning into a new era, and things don’t always work the way they used to. The process is much more fast paced, and the most important preparation steps don’t really include mowing your lawn or painting the trim anymore. Here’s what you really need to know.
Figure Out the Value of Your Home
This is the most important step, and most people skip it. You need to have a clear idea of what your home is worth. It’s not enough to do a quick internet search or make assumptions. If you don’t work in real estate, estimating housing values can be difficult.
Take your time, and do your homework. Get an appraisal if you need to. You have no chance of selling your house if you grossly overestimate its value. If you underestimate the value, you’re going to lose a lot of money. Neither of those scenarios is ideal.
Double-Check Your Finances
While you are researching housing values, it’s important to check on your finances. How much is the house worth? How much is left on your mortgage? Hopefully, when you compare those numbers, the result is promising.
If it isn’t or, worse, if you’re upside down on the mortgage, then it’s time to talk to the bank. You can’t sell your house for less than you owe unless the bank agrees to a short sale. It can get complicated, and it’s important to know where you stand before you start taking offers on the house.
Consider the Costs of Repairs
Every house needs some level of work. Some houses need a lot more than others. Before you start fixing things on the assumption that it will improve the value of the home, do a little research. Get free estimates on what it would take to fix each thing on the house. Then, research how much that should improve the value of the house.
You’re going to find that some repairs actually aren’t worth the time and money. Other repairs might be. These should be financially-driven decisions if you want to get the most value out of your time and energy.
Weigh Selling Options
A lot of people think that if you want to sell a house, you have to hire a realtor. That’s certainly a viable approach. A realtor can list your house, help you find potential buyers, and ensure that you get through the paperwork correctly.
But there are other ways to sell a house. You can also sell to a cash home buyer. These are people and groups who buy houses for a living. They can help you skip a lot of hassle in selling your home, and they can save you a realtor fee. Especially if you’re in a hurry, cash home buyers are the fastest option available.
Figure Out Where You’re Going
This is another important point that gets skipped by a lot of people. Sure, you know why you’re moving, and sure, you have an idea of where you’re going. But you need to have living arrangements fully secured. Houses sell a lot faster than they used to (in a lot of cases). You might not have as much time to figure things out as you thought.
Secure your living arrangements before you start accepting offers on the house.
You can simplify the whole process. Contact Geaux Home Buyers today, and we’ll give you a cash offer on your house. If you like the offer, we’ll walk you through the whole process, and you can sell your house in as little as a few days.
We will also work with you on a move-out date. So even though you can sell your house very quickly, you have time to figure out your living arrangements and where you are going from here. You can get an offer with absolutely no commitment on your part. Just fill out our contact form to get started. We buy houses all the time. There is no better way to sell your house fast.