Selling your home at the best of times is a nerve-wracking undertaking. It is worse when you are under pressure of time, and you have to sell, and sell fast. Although you know time is of the essence, it is still important that you understand your options.
List with a Real Estate Agency
Local and regional real estate agencies can do a good job selling your home if you have time. Real estate agencies want the property in “A-1” shape before they are comfortable showing it. This takes time and money. It can easily take 60 to 90 days to get an acceptable offer on your house, and even then, there is no guarantee the sale will go through. In some instances, the potential buyer finds they cannot get a mortgage. Even if the mortgage is approved, it will still take another 15 to 30 days to close.
Sell the House Yourself
If you want to save several thousand dollars on real estate commissions, then try to sell the house yourself. It can be done, but it requires considerable knowledge about making transactions of this nature. If you are not comfortable with the system, it may be best to stay away from this option altogether.
Sell to a Real Estate Investor
There are real estate investors who are quite happy to buy houses, regardless of the location or the condition. They also act quickly. Once the investor gets preliminary information from you, he or she is in a position to make an offer. In the event the offer is acceptable, you can consider the house sold. You are not burdened with closing costs. The buyer pays the costs. You are given the option to choose the closing date. It can be as fast as 7 to 10 days.
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