Are you facing foreclosure right now and in danger of losing your home? Did you inherit a home from a loved one that you don’t want? Or is there another reason why you want to get rid of your home as quickly as you can?
If you answered “yes” to any of these questions, you might be wondering, “How can I sell my house fast for cash?”
You might be under the impression that selling your home through a realtor and spending weeks, if not months, marketing it to those in your community is the only way to sell a home. But there are other ways that you can get top dollar for your home in a hurry without listing it through a real estate agent.
Check out how you can sell your house fast for cash and get someone else to take your home off your hands below.
Begin by Making Sure You’re Ready to Sell Your Home
When you bring a realtor on board and ask them to help you sell your home, it’ll be a long, drawn-out process. They’ll start by suggesting different ways you can improve your home before helping you come up with a price for it.
Then, your realtor will stick a “For Sale” sign in your front yard and do what they can to market your home to the masses. And from there, they’ll sit back and wait for people to set up showings in your home and sort through the offers that they make for your home with you.
All told, it can take upwards of almost 70 days in most cases to go about selling a home when you take this approach. That gives you plenty of time to back out if you decide that you don’t actually want to sell your home anymore.
Selling a home for cash, on the other hand, doesn’t take long at all. In many instances, you can sell a house for cash within a week if you want.
This means that you need to make sure you’re 100% committed to selling your home before you do it. The last thing you want to do is make an emotional decision and sell your home only to regret it later.
Look for Companies in Your Area That Pay Cash for Homes
Once you’re dead-set on selling your home, start looking around for companies in your area that specialize in purchasing homes outright for cash. There are a lot of them popping up these days and providing people with a great alternative to selling homes through realtors.
Often times, these companies will have things like “We Buy Any House” posted on their website. This is a clue to let you know that they’re serious about paying cash to almost anyone who wants to sell their home.
Try to find at least a half-dozen companies or so that pay cash for homes. This will allow you to fetch offers from each of them and get the most money possible for your home.
Invite Companies to Make Cash Offers for Your Home
After you’ve compiled a list of companies that will pay cash for your home, get in touch with them and invite them to make you their best offers. You can do this by filling out forms right on their websites.
Before they’ll make you an offer, they’ll ask for some basic information about your house. They’ll want to know when your house was built, what kind of condition it’s in, and more.
Some companies will take you at your word when you describe your home to them. Others will want to come out and visit your house to see if it’s in decent shape.
Regardless, the great thing about working with these companies is that they won’t require a home inspection in most cases. They also won’t be against buying your home “as-is,” which means you won’t have to worry about a busted HVAC system or a leaky roof causing your deal with a company to fall through.
Accept the Best Cash Offer You Receive
At this point, you should have a bunch of cash offers from companies interested in buying your home from you. Work your way through them and see what each offer looks like. Pay close attention to any stipulations a company might include.
Choose the offer that looks the best to you and let the company that made it know you would like to accept their offer. They’ll handle drawing up the proper paperwork and putting the wheels in motion so that you can sell your home for cash in no time.
Schedule a Closing Date for Your Home
When you first decided, “I want to sell my house fast for cash,” your goal was to unload your home as quickly as you could. Cash buyers will make that possible for you.
Every company operates a little bit different, but most will allow you to schedule a closing date for your home within a week of you accepting their offer. Give them a call and find a date and time that works for both of you.
Collect Cash for Your Home
As soon as you close on your home, the company that’s buying it will work to cut you a check as fast as they can. You can have cash in your bank account within days.
By taking this approach, you’ll make more money than you would be selling your home with help from a realtor. You won’t have to pay any realtor fees or other fees that will cut into your profits.
Stop Asking “How Can I Sell My House Fast for Cash?” and Start Doing It
If you have a home that you don’t want anymore for whatever reason, you shouldn’t hold onto it just because the thought of trying to sell it exhausts you.
Instead, you should say, “I’m going to sell my house fast for cash,” and find a cash buyer who wants it. You might be able to get offers for it before you go to bed tonight if you start trying to track down cash buyers right now.
Read the other articles on our blog for more tips on selling a home as fast as you can.