Real Estate
Not for the faith of heart, the real estate market is a hard industry to navigate. In the past few years, the sellers market has made it appear easy and simple to sell a house. Many have even opted to sell their home on their own.
The last few months we have seen a shift in the market in San Joaquin and Stanislaus Counties leaning toward a buyers market. This means it takes more time, energy, and money to sell a house than it used to. This phenomenon collided with the summer market, making a time when many people, like you, need to sell their home.
What This Means For You
Selling a home is often not as easy as putting it up for sale. Oftentimes to meet your real estate goals you need to invest into your home first.
The reason for this is competition. If the market is in a place that favors buyers, you have a lot of competition as a seller! And with competition comes the need to compete. You will need to get your home ready to sell and price it competitively so get the job done!
Preparing Your Home
Getting your home ready to sell could be expensive depending on the home. This process can be as simple as fresh paint and a good clean, to major repairs. You still want to take care of the major repairs if you can. Inspections will show those problems and it can stall or end the sale of your home. To compete, you want to have as few problems as possible with your home.
The rest is to make your home stand out! You want to attract people to view your home, and help them envision themselves living there. Small updates, renovations, or sprucing can do a lot in a good space!
Working With A Professional
Teaming up with the right people for your home sale makes a huge difference in the experience you have. Picking the right professional to work with starts with knowing your priorities.
You may be looking for general information about what selling your home may look like, but not entirely interested in selling right now. But you may be needing to sell your home yesterday! Knowing your goals at the stage you are at will help you pick the right professional for you!
Working With A Cash Buyer
If you are needing to sell your home fast, placing your home on the market for sale may take longer than you have. Homes in this area right now average over 30 days on the market. This does not include the time in escrow and possible delays in that process.
A cash buyer is someone who has all the funds on hand to handle the purchase of a home. They do not have to go through a lender. You do not have to worry about the buyer situation changing and not being able to close the sale. When you are able to work with a cash buyer, the transaction changes drastically!
Time To Close
When working with a cash buyer, you gain the ability of changing the timeline until you are able to sell. If you are in need of closing by a certain date, cash buyers are able to accommodate you, within reason, so you can have a faster transaction. They are able to do this because the selling process is a lot simpler. There are far less hoops that you will need to jump through with them, so you can get to the finish line faster!
Financing Delays
The sale of your house is entirely dependent on the financing of the buyer. Even after you accept an offer, it doesn’t mean the deal is done. Inspections and appraisals still need to be done on your house. This can change the financial situation of your deal. Depending on the value of your home, your buyer could need more cash funds. They could make a purchase that could affect their ability to qualify for their loan. The lender may also delay closing as they request more paperwork. Since cash buyers buy in cash with the property as-is, these financing delays are not an issue.
No Inspections with Cash Buyers
Speaking of as-is, this means no inspections! Not only does this speed up your sale, but it can help you avoid costs while selling. If things are discovered during inspections, you could lose the sale due to contingencies. You could also lose money on the sale or be asked to make renovations to the home in order to complete the sale. This can delay your sale and potentially end it all-together. A cash buyer like Eric with ASDM Homes are willing to forgo those inspections, making a way for you to avoid all the potential pitfalls surrounding the inspection process.
Using A Real Estate Agent?
Working with an agent does not remove the possibility of working with a cash buyer. There are times after listing your home on the market you could still get cash offers for your house. If you feel like a cash offer is the right way to go, we can work with you and your agent to work out a cash sale. They can continue to represent you as we go through the sale, and they can get a connection with a cash buyer to help future clients like yourself! If they have not brought it up yet, connect with us and discuss the option with your agent.
Ready To Sell Your Home?
Eric with ASDM Homes offers an easier alternative to selling your house fast in San Joaquin and Stanislaus county. Cash offers can help you sell your house quickly, for a fair price, without the need for repairs, inspections, or having a line of strangers walk through. Selling a house on the market can be a long, costly and difficult process. Selling your house does not have to be.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!