Don't worry. You are not the only one who doesn't know how to sell your
house fast. The fast moving technology is shaping everything and the real
estate industry is not untouched. Though the process of selling house is
partially antiquated, technology has made it easy to market a property and
attract potential buyers.
However, you cannot completely rely on technology to sell your house
fast. By the way, what is your definition of fast? Do you want to sell it
within a few months? Or, you cannot wait for more than a week. The traditional
way cannot bring you a quick sale. You have to jump through hurdles and hoops
to get a quick deal. However, there are some quick ways for selling a house.
Selling To A
Cash For House Buyer
Roughly 40% of transactions involved in real estate happen in cash.
There is no bank involved in these transactions. This also means some
traditional hurdles are also eliminated. Wholesalers buy houses for cash.
Though you should not expect top dollar, a fair price is certain. With this
fair price, you do not need to spend anything to fix your home. Moreover, the
full amount will be paid in seven days.
Finding The Top
Local Real Estate Agent
Real estate agents do have the intention of selling your house fast and
for top dollar. However, we cannot ignore the fact that there are around 2
million active real estate agents in the US and not all are licensed agents.
According to the National Association of Realtors, there are 1.35 million
licensed real estate agents. So, you have to find a top, licensed real estate
agent in your area.
Reducing The
Price
You cannot change the
location of your house. However, one thing you can change is the price of your
house. Depending on the market, dramatic alteration in the price can speed up
the process. A small price shift will not work. You will have to make major
changes in the asking price. For example, if the asking price is $400,000, you
can drop it to $350,000.
Considering
A Short Sale
Most of the people sell their houses because they are underwater. They
have more debt to pay than the value of the house. The situation is compounded
by other problems such as bankruptcy. When they don't have enough income to pay
a mortgage, they risk losing their house. If you are threatened with
foreclosure, you can ask the bank to go for a short sale.
Transferring
The Mortgage To Someone Else
This is the last way to make a quick sale of your house. You can
transfer the mortgage to someone else. You have to read all the mortgage
documents to see if it is assumable or not.
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