the options you have to sell your house fast
TRANSCRIPT
The Options You Have To Sell Your House
Due to the housing market crash, selling your house is not always easy. especially
if you've never done it before
Luckily, there are several options if you're struggling
to sell your home faster
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First you have to ask yourself two questions:
1. Do you want to spend the time and money to fix up the house and sell it yourself?
2. Or do you want to sell the house “as is” to avoid
repairs, cleaning, realtor commissions, surprise fees,
inspections, showings, banks, and tons of
paperwork?
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Doing The Repairs And Remodeling Yourself
If you choose to fix it up yourself. You should have knowledge of
What are the costs of repairs and remodeling?
As compliled in the Remodeling Magazine 2015 Cost vs Value Report (www.costvsvalue.com) here in next slide a sampling of astimated midrange costs of the
most common projects:
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Costs Of Repairs And Remodeling
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Sell For PaymentsSelling Your House “As Is”
l There are several approaches to selling a house “as is”:
For Cash
For Payments
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Sell For PaymentsSelling Your House for Cash
selling your house “as is” is lower risk. Sell your house for cash then invest the money in another house,
in bank savings or CDs, in the stock or commodities market, or in any number of other sources offering a return on your money.
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Sell For PaymentsSelling Your House for Payments
Sell your house fast and receive a stream of monthly payments that will constitute a higher rate of return than the sources mentioned above
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Selling Your House As Is
In this case you can get your house on the market quicky and proceed under any one 4 options
In next slide there are 4 options to sell your house as is
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MLS
Hire a realtor to list the house on MLS (Multiple Listing Service), and pay a 6-7% realtor commission
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For Sale By Owner
The main reason people try this path is to avoid paying realtor commissions of 6-7%
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Rent It Out
To generate a cash flow and rate of return on your money that may be higher than you could get from
investing the pro- ceeds from a cash sale
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Sale For Payments
Accept a stream of monthly payments that constitutes a higher rate of return than you could get
investing the pro- ceeds from a cash sale
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Homestead Road can help you make any one of 4 options