As the real estate market in Durham continues to rebound, there are more options available to homeowners who need or want to sell their homes quickly. While each situation is unique, some methods may work better than others depending on the individual property and location. If you’re looking to sell your Durham home for cash, let us share with you the five best ways to sell a house quickly.
We understand that selling a house can be a stressful and time-consuming process, which is why we’re here to help. In this blog post, we’ll talk about a few things you can do to increase your chances of finding a buyer who’s willing to pay cash for your home.
Let’s get started.
1. Sell your house to a local cash home buyer in Durham
One of the quickest and most guaranteed ways to sell your house is by working with a local cash home buyer. This is because cash home buyers are usually investors who are looking for properties that they can either fix and flip or turn into rental properties. Because they’re not relying on bank financing, they’re able to close on the sale much faster than a traditional buyer would be. In addition, because cash home buyers are usually investors, they’re often more flexible when it comes to the condition of the property. So, if your house needs some work or is in disrepair, working with a cash home buyer may be the best option for you.
Some other advantages of selling your house to a local cash home buyer include:
- You’re able to avoid having to make any repairs or improvements to the property.
- There’s no need to stage the property since cash home buyers are usually only concerned with the condition of the property itself.
- The sale is usually completed within a few weeks, which means you don’t have to wait months for the sale to go through.
And, because we’re a local cash home buyer in Durham, we can help you sell your house quickly and for a fair price. At Wake County Home Buyers, we specialize in helping homeowners sell their homes fast, regardless of the condition or location.
When you work with us, there are no real estate agent commissions, closing costs, or repairs to worry about.We’re able to make you a cash offer for your home as-is, so you can move on with your life stress-free.
We do this by taking on the burden of the sale, making any necessary repairs, and then listing and marketing the property until it’s sold.
Selling your home to us is the best way to sell a house quickly.
2. Find the top real estate agent in your area
If you’re not interested in selling your house to a local cash home buyer, then finding the top real estate agent in your area is the next best thing. This is because real estate agents have the knowledge and experience to help you sell your house quickly. In addition, they usually have a network of buyers who they can reach out to when listing your property.
Some things to keep in mind when finding the top real estate agent in your area include:
- Make sure to interview multiple agents before making a decision.
- Ask each agent about their experience and track record.
- Find an agent who has a good understanding of the local market.
- And, be sure to ask each agent for references from past clients.
Despite having to pay a commission, working with the top real estate agent in your area is still one of the best ways to sell a house quickly.
3. Dramatically reduce your price
If you’re not in a hurry to sell your house and you’re willing to negotiate on the price, then dramatically reducing your asking price is a great way to attract home buyers. This is because home buyers are always looking for a good deal, and a reduction in price is often too good to pass up.
In addition, a lower asking price will also make your house more attractive to buyers who are working with a real estate agent. This is because agents are often compensated based on a percentage of the sale price, so they’re more likely to show a house that’s priced lower.
Some things to keep in mind when reducing your price include:
- Make sure to do your research and find out what similar houses in your area are selling for. This will give you an idea of what a fair price would be.
- Be prepared to negotiate further once you receive an offer.
- And, be realistic about the condition of your property. If your house needs repairs, then it’s unlikely that you’ll be able to sell it for top dollar.
4. Consider a short sale of your home in Durham
If you’re struggling to make your mortgage payments and you’re at risk of foreclosure, then a short sale may be the best option for you. A short sale is when you sell your house for less than what you owe on the mortgage. This can be a good option if you’re not in a hurry to sell and you’re willing to negotiate with your lender.
Some things to keep in mind when considering a short sale include:
- Make sure to contact your lender and explain your financial situation.
- Be prepared to negotiate with your lender on the terms of the sale.
- And, be aware that a short sale will likely have a negative impact on your credit score.
5. Transfer your mortgage to someone else
If you’re not interested in selling your house and you’re not at risk of foreclosure, then another option is to transfer your mortgage to someone else. This is called a mortgage assumption. This means that the new buyer takes over your mortgage payments, and you’re no longer responsible for them.
It might sound easy, but there are a few things to keep in mind when considering this option:
- Not all mortgages can be assumed. You’ll need to check with your lender to see if this is an option.
- You’ll still be responsible for the mortgage if the new buyer doesn’t make the payments.
- And, the new buyer will likely need to qualify for the mortgage.
Consider your Home Selling to Cash Home Buyer in Durham
Overall, there are a few different options to consider if you’re looking to sell your house quickly. Selling to a local cash home buyer in Durham is often the best option.
We’re a local cash home buyer in Durham that can help you sell your house quickly and for a fair price. We have a team of real estate experts that will take care of everything for you, from start to finish. And, we’ll even pay all of the closing costs.
We buy houses in Durham as is, so you don’t have to worry about making any repairs. And, we can close as quickly as 7 days or according to your schedule.
If you’re interested in selling your house, then please contact us today. We would be happy to discuss your situation and provide you with a no-obligation cash offer!
LEARN MORE about how we buy houses quickly for cash in Durham.