Not everyone has the months that it typically takes to sell a home. There are a host of reasons for needing out of a property quickly. Maybe you are struggling to make payments or you are being relocated for work. You might even be a landlord desperate to unload property or the beneficiary of a home that you can’t take care of. Whatever the reason, here are three ways to significantly reduce the time it takes to sell your home.
Find a Cash Buyer
You can cut weeks off your home sale by finding a cash buyer. With a cash buyer, you don’t have to wait on funding or worry about the loan falling through. It also eliminates the need for an appraisal, which can take several weeks. When you sell to a cash buyer, there is generally nothing to stop you from closing within a month. The downside of this strategy is that you still have to market your home and hope for a cash offer.
Sell Your Home Direct
Selling your home direct means that you don’t work through a third party like a realtor. Instead, you have a buyer already in mind, such as a friend, relative, or investor. If you and the prospective buyer can come to an agreement on the terms then you can eliminate the middlemen and the marketing, allowing you to close on your home much more quickly. Just be aware that, even though you might know your buyer well, they will still probably want an inspection done on the home. You might also still have to deal with the additional steps that lender-funding requires.
Work With a Cash Home Buying Company
The fastest way to sell your home is to work with a cash home buying company. Home buying companies offer the same perks of cash and direct home buyers, but add the additional benefit of buying your home as-is. This cuts even more time off the sale of your home because you can skip out on the repairs, updates, and even cleaning that are expected during a conventional sale.
When you need to sell your home quickly you do have options. You could cut weeks off the timeline with a cash buyer or through a direct sale. Best of all, you can hack months off when you sell your home to a cash home buying company.
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