In Denver and the surrounding areas, homes stay on the market for an average of 32 days. If we look at the entire state of Colorado, this timeframe increases to 44 days.
We don’t all have one to two months to sit around and wait for a home to sell. If this is your situation, then a quick sale may be the answer.
I specialize in quick sales and buying homes as-is, so follow my guide to selling your home fast.
What Is a Quick Sale?
A quick sale most simply means that you’re selling your home fast. It’s most commonly used in a foreclosure situation. During the preforeclosure period, a homeowner can sell their home and prevent the foreclosure from happening.
Sometimes a quick sale means that you sell your home fast to a cash buyer. This can happen when you don’t have time to put the home on the market. You could be closing on your future home or relocating across the country for a new job.
The third option for a quick sale is when your home is in such disrepair that you want to sell it as-is. Maybe the home is uninhabitable, or you can’t afford the required repairs.
A fourth common scenario is that you’ve inherited a home. In this case, you want to liquidate the asset as quickly as possible so that you can close out the probate process.
Cash Investors Are Not Real Estate Agents
Your cash investor is not going to list your home for you. They will make an offer to buy your home. A real estate agent won’t offer to purchase your home; they will assist you in selling it to someone else.
For an investor, their business is centered around buying and selling homes. So they act fast and can have the entire sale process completed in as little as seven days.
They also have a lot more freedom to let you choose the sale date of your home. No real estate can offer that kind of precise service delivery.
How the Process Works
To sell your home quickly, you need to find someone willing to buy it. Look for a cash buyer that has a positive reputation for treating homeowners fairly.
They’ll most likely have a questionnaire or form that you will need to fill out. This will help them research your home and determine if they can purchase it. Be honest; you want to make sure that you tell them everything you can about the home.
You should hear back within 24 hours. They’ll most likely want to meet you at the home to see it in person.
If the cash buyer is interested, they won’t wait to give you an offer. Then it’s up to you whether you accept or decline.
Fees
Just as with any home sale, you may have to pay closing fees. Ask the buyer if they are willing to pay the closing costs.
Moving Out
Unlike selling your home to another family, an investor will agree to a mutually beneficial date for your move out. This will give you plenty of time to pack up your belongings and move everything out.
Home Repairs
The beauty of selling your home as-is is that you don’t have to make any repairs. A cash buyer knows that they are investing in a home. They understand that there may be issues with the home, and repairs may be needed.
This will save you time and money in the long run by not having to fix a home up to get it ready for the competitive real estate market.
Streamlined Paperwork
One significant benefit of selling to a cash investor is that they will most likely do all of the paperwork for you. Make sure you work with a reputable company when agreeing to a quick sale.
A trustworthy company will work with an attorney who is a member of the Colorado State Bar. You should also have your own attorney to read over the contract.
Once both parties agree to the sale terms, then a title company will handle the closing documents. This means that you have minimal paperwork to deal with.
The Equity Requirement
If you don’t have any or a lot of equity in your home, this might hinder your ability to perform a quick sale. The best thing to do is to speak with a cash investor. They will be able to provide you with their best possible offer.
It will then be up to you to decide if it will work for your situation. If they can’t help you, many of these investors have contacts within the industry and may be able to refer you to someone who can help.
Choose a Quick Sale for Your Home
If you need to sell your home quickly or are facing more repair costs than you can afford, I can help you. I specialize in the quick sale of homes.
The first step in the process is to reach out through our online form or by phone. We’ll ask for some information about your home and arrange to take a look. Within 24 hours, we’ll provide you with an offer that you are free to accept or decline.
If you accept, we then get to work finishing the paperwork to complete the sale. In as little as seven days, you can complete your sale and receive payment for your home.
Contact me today if you need to sell your home fast.
