Are you in the middle of a job transfer? This is an exciting time for you and your family, but you’re probably feeling stressed out if you have a mortgage. Selling your home is never a fast process, which can make things difficult when you are relocating
There are a few different things to consider when selling your home.
- Should I try to sell my home on my own, or hire a realtor?
- Would a cash buyer be a good direction to go in?
- What is my time frame for selling with these different options?
- Can I qualify for a second mortgage once I relocate?
Asking these questions may help you decide how to sell your home, and how much time you are looking at before the big move. We will help you rule out the different pros and cons of selling on your own, hiring a realtor, or selling to a cash buyer.
For Sale by Owner
Selling a home on your own is beneficial if you don’t have to make any repairs, and you know of someone interested in purchasing your home. If your home needs renovations or repairs remember that this can be very expensive, and you most likely won't see a return after making these changes to the home. If you don’t know anyone who is interested in purchasing the home, and you are in a hurry to sell, then keep in mind it can take months or even years to find a buyer. You will not have the resources to list your home that a realtor has, which can make it almost impossible for buyers to be aware of your home.
Hiring a Realtor
A realtor is especially helpful because they will come to your home and take professional pictures and list your home on the market. They will advertise and help you find interested buyers. The downfall is that they will require you to repair and remodel your home to make it more attractive to a potential buyer. So you will need to put a lot of money and time into the home that you just need to get out of ASAP. Once you do sell the home you will be left paying a large percentage of your earnings to the realtor.
Selling to a Cash Buyer
This way of selling is not the most common approach to take, but most people aren’t aware of this convenient option. Cash buyers like Enlight Homebuyers already have the funds in hand waiting to purchase peoples’ properties like yourself. The benefits of working with a cash buyer is that they will purchase your home as is, leaving you to pocket more money since you didn't have to do major repairs. A cash buyer will come and give you a cash offer and they will buy your home in a short seven days. You will be able to smoothly transition into your job and have no problems applying for your new mortgage.
If this sounds like something you are interested in and you want to know more, give us a call at 505-227-8865 today. We would love to help get you out of your home. We help people in situations like yours all of the time. This process is short, simple and painless.