Whenever property owners put their houses on the market, they hope to sell them as quickly as possible. However, factors like the state of the market, property condition, property location, asking price, and the duration the house has been on the market will affect the speed of a house sale.
The average time to sell a house is almost two months (55-70) days. This assumes that the offer arrives within 15 days of listing the property, and it takes up to 45 days for the deal to close. In reality, it might take longer for people to sell their houses.
There are circumstances where the lengthy sale procedure can cause too much stress and financial strain for homeowners. If you find yourself in such a situation and want to speed up the home sale procedure, sell your house to Louisville home buyers. (1)
Below are the three situations you might want to sell your house fast.
Life will not be great, and there are times when you may find yourself in tough situations. These situations will make you miss paying your mortgage and have notice of foreclosure. If this happens, selling the house fast might be the only play you have.
Foreclosure happens when the property owner forfeits a home to a mortgage lender. Then, the lender will sell the property to cover the debt the mortgagor failed to pay. The perfect way to handle a foreclosure situation is to accept the situation and sell the house pre-closure. However, you can sell the home independently if it's in foreclosure.
Selling your house in foreclosure or pre-foreclosure offers you a chance to get the highest value for your property and make good money from that sale. Furthermore, you prevent foreclosure from affecting your credit score as it might affect your eligibility to purchase again.
2. Inheritance or divorce
Once you inherit a house from your loved one, you might move in, rent it out, or sell it. Selling the house may make sense to most people, particularly if they live in a different region or are not ready to pay for maintenance costs, utility, and taxes. To these individuals, selling the home faster is their priority.
Even if you need to sell the inherited home quickly, ensure you have the necessary documentation. You might need the consent of other property heirs and even the will executor before selling the house. Therefore, ensure you have everything in place before you put it up for sale.
Divorce is another situation that might force you to sell your house fast since living under one roof is unfeasible. Furthermore, one party can pay the mortgage and handle the maintenance costs of the house. In that case, the best alternative is to sell the home and share the proceeds from that sale.
The earlier a couple going through a divorce can sell their house, the faster they can get their share and start a new life.
3. New job opportunity or emergency purposes
When individuals get new job opportunities across the country or far from their original location, they might consider selling their house and relocating to another town. This happens if you have been after that job for a long or it's what you consider your dream job.
Because you don’t want to shuffle between different locations, you want to sell the house faster and concentrate on your new job. You might need the money from the sale to purchase a new house, which needs you to sell your house quickly.
Emergency purposes are another genuine reason for selling your house fast. Life is always unpredictable. You might need cash instantly, and when you’ve exploited all the options, you realize that the only way to get quick cash is to sell the house.
If you want to sell your house because you need the funds fast, you need a service that provides you with that.
Here are the wise things you should do to get your house to sell faster.
Whether a potential home buyer has viewed your listing or not, the first thing they will see isn’t the foyer but the house's exterior. So, this is the time to work on the lawn, fix the front yard and repaint the faded doors. A good-looking exterior will even greatly impact prospective buyers right off the streets.
2. Upload good photos in your listing.
Whether you opt to list the house yourself or have a realtor do the work, you need to make a perfect impression both online and in real life. The listing should have the necessary details in reading language for home buyers. Don’t forget to include beautiful photos.
3. Work with an experienced realtor
Good luck if you want to go through the home-selling process alone. However, be prepared to field calls every hour of the day, make dozens of calls, and do a heap of paperwork. Even though you might save a few bucks doing things alone, a reliable realtor will take the burden off your shoulder and ensure you sell the home fast. The professionals have the experience and skills to sell your home quickly and at the best prices.
4. Install barn doors and subway tiles.
If you are updated on home décor and home design trends, you know barn doors are becoming popular. A Zillow Study indicates that house listings with the keyword “barn door” sold for 13% more and almost 60 days faster than the average homes, so if your house doesn’t have a barn door, it's time to install one.
As you’ve seen, property owners might need to sell their houses quickly in numerous situations. In most cases, people are tired of owning a house and need a change in life. Irrespective of the reason, it's vital to deal with a reputable cash home buyer to ensure you get the best price. Contact us, we can help you,
we buy houses Louisville KY.
We here at Kentucky Cash Home Buyers are dedicated to getting the most cash possible into your pockets for your home as-is, so that you can get the most out of this situation and prepare to move on. We will buy houses in any condition without you needing to fix your home before sale.