There are times when it is important to sell real estate quickly. It might be a job relocation, moving an aging parent into a care home or dealing with a financial hardship like foreclosure or health problems or family death.
In situations such as these, liquidating to access capital might be necessary. Don’t fall prey to those who think you are desperate. Learn how to sell your house for fast cash in Salt Lake City.
I Might Want To Sell My House for Cash in
Salt Lake City !
Spruce Up the House (If Possible)
If you are able to and have the time, it is in your best interest to go through the home and prepare it for sale. A nice looking home will get you higher offers in every case when selling the house to someone that will live with their family in it. When potential buyers see repairs or potential problems, the offer to buy goes down in relation to the potential repairs. And, young families or young professionals may not want to buy a house that needs repairs at all. Try and get even the littlest things repaired.
Declutter the home from excess furniture, pictures and collections. It is important you make kitchens and bathrooms shine like new and clean all windows. Removing drapes makes rooms look bigger and brings in natural light. Paint walls a nice neutral color.
Take the same approach outside by pruning trees and bushes. Weed the lawn and remove any clutter from patios and porches.
You may not have the time or money to do any repairs, but these cosmetic details don’t take long and the cost is not a lot. The repairs and clean up help in the sale presentation a lot.
The Realtor Option
Most people view selling a house with a realtor as long, drawn-out processes. A typical realtor sales process starts with the evaluation of the home to set pricing, detail work and then listing it on the market. Once on the market, open houses and showings happen until an offer is accepted sometime after the house is listed.
This isn’t the best way to get a quick cash house sale though. That being said, many local realtors have cash buyer relationships. Use the realtor to help get a realistic expectation of the actual sale value. Understand that many cash buyers might want to get a deal on the purchase. Then see if the realtor has any investors looking for opportunities. If the house you want to sell is in good condition, it will not take more than 5 to 15 weeks to get your house sold depending on if the first offer makes it through to closing.
Taking this approach will help you maximize your sale price while getting access to reputable investors. After all, a realtor doesn’t want to bring a scam to the table; its bad for long-term business. Call A Realtor now 801-382-9199.
Real Estate Investors
Most major cities including Salt Lake City, Ogden, Provo, Logan, St. George and Tooele have real estate investor clubs that can help you find a good Professional House Buying Company. Do a little research to find these clubs and ask about investors that may be able to help you. You can also search the internet for real estate investors since most well established companies will have a web presence. When you are thinking, “I want to sell my house”, a professional house buying company might be just right for you. You may have even received a letter in the mail about selling your house. Maybe you have received a lot of letters, so go ahead and look into these companies.
Make a few calls and talk to several investors. Investors are always looking for properties to buy and people to help. Investors are looking for properties they can fix up and sell for a profit meaning they will offer you less than market value. To get the most money for your house, you need to do the repairs, do the fix up, list and show your house and wait for the perfect buyer. To get your house sold as is very quickly, a professional house buyer can help you.
The good news is real estate investors often have their own contractors they work with and will value any repairs needed quickly. They move quickly and don’t want to spend a ton of time waiting to close. So once you accept an offer from a real estate investor, you will be able to move through closing very quickly and get your cash out of the house. Some companies like Gary Buys Houses even offer a Sell Now Move Later Program which allows people to sell their house today, stay in the house and take the time to go through things in the house and THEN turn the house over to the new owner 2 or 3 months AFTER you sell and get your money.
Know that it is your right to have a realtor represent you even in a cash offer situation. Many investors will try to avoid using realtors but the reality is the realtor is paid by the proceeds of the sale. This means you get less money in the end, after paying the realtor their commission. Investors feel this drives prices up unnecessarily. If you feel good inside about a House Buying Company, close at a title company and MAKE SURE you understand the numbers on the Closing Statement, you should be fine. The owner of Gary Buys Houses, Gary Parker, is licensed in Utah and 1 or more employees of Gary Buys House are licensed in Utah. We certainly do not want to risk our license by lying to someone. We are honest and transparent and want to buy your house.
Most real estate investors are honest people that run companies that offer a service that will be very helpful to some people. Interview at least 2 buyers and do your research. Google their company name, do they have a BBB presence and what is your gut telling you?
If you are looking for a cash buyer for your house, let us know. You can reach us at (801) 382-9199 or by filling out our form.
Sell Your House for Fast Cash
OK so you want to sell your house, and you want to sell your house for cash quickly. As mentioned, there are probably several Professional House Buying Companies in your area, and we have talked about the ways to find them. This blog is written by the owner of a professional house buying company Gary Parker. Some additional things to look for when seeking a real estate investor to sell your house to: 1) is the company buying your house or just getting it under contract and selling the contract (this could net you less money), 2) has the company been in business at least 5 years, 3) are past clients happy with how they were treated?