The Top 8 Answers To The Question How Can I Sell My House Fast?

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how can I sell my house fast

How Can I Sell My House Fast?

Whether you just inherited a property or you’ve had your house for years, whether you’re facing divorce, job loss or foreclosure, selling your house fast and at a fair price is a possibility. You probably have a myriad of questions regarding the process. With that thought in mind, here’s a look at some of the most frequently asked questions in the real estate business and the surprisingly simple answers that accompany them.

  1. How Can I Sell My House Fast?

An unwanted property can drain your life and finances at accelerated rates, so this is probably one of the most asked questions in the entire real estate industry. The answer is to find a cash buyer as opposed to a real estate agent. Real estate agents rely on corporate funding, bank estimates, and other time-consuming methods in order to sell your house. The red tape will not only cost money. It will also cost you another valuable asset—your precious time. Cash investors don’t need to wait for lender approval. This means that the right cash buyer could get you an estimate in as short of a timeframe as one day, closing out on the entire deal in seven short days.

  1. How Can I Sell My House Myself?

In some states, such as the state of Fl., selling your house without an attorney present is a perfectly legal transaction, making it possible to sell your house yourself. The upside, of course, is saving the tens of thousands of dollars worth of commission that real estate agents pocket at the close of a sale. If you know the market really well, you can put your house up for sale and deal with the repairs, cleaning, and maintenance that go along with real estate sales. A shortcut is to look for a cash buyer who is already interested in purchasing the property. A home cash buyer will take care of the fees and repairs and make a reasonable cash offer right up front.

  1. How Can I Sell My House Privately?

You may be asking yourself, how can I sell my house fast myself? You can sell your house privately by getting it privately inspected and appraised. While an immediate appraisal is easily achieved, it never hurts to clean your home before calling around to have its value estimated. Once you learn the ballpark value of your property, you can market it accordingly. In some instances, the company that appraises your home might offer you cash for its sale.

  1. How Can I Sell My House To My Daughter Or My Son?

Giving the gift of a home can pose the burden of taxation, so it’s important to arm yourself with the knowledge of local IRS policies before you “sell” your house to your daughter or son. There are several ways to accomplish such a sale and your asking price should be used to determine your course of action. In short, there are five viable routes to closing this sale. You can:

  • Give it away as a gift by utilizing your Unified Federal Gift and Estate Tax Exemption. This could impose certain tax drawbacks on your children and it will require you to move out of your home.
  • Sell it to them for significantly less than the property value
  • Sell it to them for its current value. This will require them to have a pretty hefty down payment ready.
  • Make use of a Qualified Personal Residence Trust, an option that is recommended if you wish to stay in the home
  • Leave it to them when you pass away.
  1. How Long To Sell House?

On average, a house takes between four and six months to sell through a real estate agent. A cash buyer, on the other hand, can close a sale in just seven days. If probate is involved, this could significantly lengthen the duration of the transaction. If your house has been on the market for longer than six months, it’s probably time to take your property elsewhere.

  1. How Much Can I Sell My House For?

The best way to learn the cash value of your house is to request a valuation on your property. Some important factors to take into account are the property’s location, condition, and appearance. This information can be obtained in the next 24 hours if you submit a brief survey describing the home you wish to sell.

  1. How Much Does It Cost To Sell House?

On average, realtor fees account for 5%-6% of a sale. Realtors are also notorious for charging closing fees that can run as high as 4%. This means that the average seller pays a $15,000 commission on a $250,000 house and then another $10,000 or more upon closing. In between these two stages, other unexpected costs might come up as well. These include maintenance, repairs, attorney fees, inspection costs, plus the price of “staging” which is the technical term for having a professional come to rearrange the furniture for the purpose of presentation. Alternatively, sellers who go through a cash buyer do not have to pay any money to sell their homes.  In other words, it can cost you zero dollars to sell your house today.

  1. How Can I Sell My House Without A Realtor?

If you want to skip the wait and additional fees associated with selling through a realtor, or if a realtor has told you that you’re dealing with a property that’s just not marketable, you’ll be happy to learn that there is an alternate route. You may be wondering, how can I sell my house fast without a realtor? The answer is by consulting with a cash buyer. A cash buyer is in the market of investing in homes and does not rely on lenders. Your house doesn’t have to be in such superb condition in order to pique the interest of a cash buyer. You don’t even need to make repairs, advertise, or perform any household maintenance. This is an ideal option for novice home sellers hoping to sell their house fast.

Selling your house doesn’t have to drain your wallet, time, or resources. In fact, it can be a fast and rewarding experience. Contact a representative at our headquarters today to learn even more about how to close out and cash out on your unwanted property in record time.