34. How To Sell Your House As-Is Even If It Needs Repairs

Colby Hager on October 16, 2022

How To Sell Your House As-Is Even If It Needs Repairs

Selling your house as-is should be the goal for every homeowner thinking of selling their house. However, most buyers request that repairs be made after an inspection. Selling your house as-is when it is in need of repairs can be even more challenging because the repairs needed are obvious to anyone who sees the house.

If your house needs work and you want to sell as-is, we will cover how to sell your house even if it is in need of repairs. Follow these tips to get the most money for your house while selling your house fast.

What Does It Mean To Sell A House As-Is?

Selling your house as-is means you as the seller won’t be making any changes or alterations to the house at the request of the buyer. You are selling the house in its’ current state and the buyer is purchasing the property with the expectation that they will need to make changes or repairs. It’s important to be upfront about any damage or repair needs so there aren’t any surprises after the sale.

Typically, a buyer will have an inspection that will uncover hidden issues with the house that might not be obvious to the average home buyer. If you are truly selling as-is, this inspection won’t trigger a re-negotiation.

Why Would A Homeowner Want To Sell A House That Needs Repairs?

The most common reason homeowners want to sell as-is is because they don’t want to spend the money on repairs or deal with contractors. While conventional wisdom says if you fix your house up before selling you make more money, that isn’t always the case. Also, it takes a lot of financial resources to really fix up a house to the point where it no longer needs repairs.

Another common reason for wanting to sell as-is is time. If you need to sell fast, making repairs will only slow down the process. Selling as-is can help you unload the property quickly so you can move on with your life especially if you are relocating and need to move quickly.

Could You Lose Money Selling A House As-is?

Theoretically, yes you could lose money selling a house as-is. If you spend $20,000 remodeling a kitchen, you are supposed to be able to get $25,000 back. But what if you have budget overages, have to fire a contractor, or can’t finish the repairs? Plus, it does no good to fix up one aspect of a house and leave the rest dated or still in need of work.

So while some might say you could lose money selling a house as-is that really isn’t accurate. You really lose the opportunity to TRY to make more money by making an investment. At the end of the day, when you make repairs to a house you know you are going to sell, you are investing in the house and hoping you get a return on your investment. Most homeowners don’t want to be real estate investors and speculate on what repairs they should do vs what repairs they should ignore.

So the truth is, you don’t lose money by selling a house as-is. In fact, at Capstone Homebuyers, we typically offer a fair market value for the home once you factor in the repairs that need to be made.

How To Sell A House That Needs Repairs As-Is

If you ultimately decide that selling your house as-is makes the most sense for you and your unique situation then you can take some of these tips into consideration. Some are absolute musts like not purposefully hiding any flaws and some are optional like advertising the house or listing the house with a realtor. Most people decide to do straight to the source and sell their house as-is to a cash house buyer like Capstone homebuyers.

Fix What You Can in the House

While this contradicts the whole point of selling your house as-is, if there are small repairs you can do to the house that won’t take much time or money, it could be worth it. Something like fixing a hole in the wall, re-caulking the tub, or replacing missing tiles will only cost you a few hundred dollars but could help increase your offers.

These types of repairs make a big first impression and show that you have taken care of the house even though you are selling as-is.

Highlight The Positives About The House

When you are selling your house as-is, it’s important to focus on the positive aspects of the property. This means if there is a great view, good schools in the area, or other amenities, make sure to include that information. You want to make the house sound as appealing as possible to potential buyers so they are aware of the benefits of the house that go beyond just the condition of the actual property itself.

Don't Try To Hide Anything

One of the worst things you can do when selling your house as-is is trying to hide any damage or repairs that need to be made. This will only come back to bite you later on down the road. Be upfront and honest with potential buyers about the condition of the property. If there are any known issues, make potential buyers aware. Not doing so can open you up to liability down the road. Especially if it is something major like a foundation that needs repairs.

Hoarder House? Get Rid of as Much as You Can

If you are selling a house that has been turned into a hoarder’s paradise, the first step is to get rid of as much stuff as you can. This will make the house appear larger and more appealing to potential buyers. It will also make any necessary repairs easier and less expensive to fix.

Attempt to List the Property As-Is With A Realtor

While this isn’t always possible, some realtors are willing to list a property as-is. This means they won’t require you to make any repairs before listing the property. If you decide to go this route, be sure to interview a few different realtors to see if they are willing and able to sell the house as-is. You also will have to make it clear that there can be no inspection-based re-negotiations because inspection re-negotiations are considered to be common with realtors.

Advertise The House As An Investment Property

Many times, people are more willing to buy a house that needs repairs if they know they can rent it out or fix it up and sell it for a profit. By advertising the house as an investment property, you may be able to attract more buyers who are interested in taking on a project.

Sell To A Professional Home Buying Company

One of the best ways to sell your house as-is is to sell it to a professional home-buying company. These companies buy houses in any condition and can often close on the sale much faster than selling through a realtor. This is a great option if you need to sell quickly or don’t want to deal with repairs or cleaning. Make sure you check the reviews of home-buyers and choose who you work with carefully by taking a look at this guide on the best cash house buyers in San Antonio.

Selling Your House That Needs Repairs To Capstone Homebuyers

If you need to sell your house that needs repairs, we can help. We are professional home-buyers in San Antonio who buy houses in any condition. We can close on the sale quickly and will take care of all the repairs and cleaning for you.

Capstone Homebuyers is the premier “we buy houses” company in San Antonio, Texas. When you choose to sell your house to Capstone Homebuyers, you can know you are working with a local, family-owned company that is based on guiding principles that set us apart.

For great customer service and a great selling experience, sell to Capstone Homebuyers. Give us a call or fill out our online form to get started.

31. How To Sell Your House With Owner Financing The Right Way

Colby Hager on October 16, 2022

How To Sell Your House With Owner Financing The Right Way

Selling your house using owner financing can be exciting and a great way to generate extra income by taking advantage of the opportunity to become the lender for the buyer of your property.

However, because financing the sale of your house in this way isn’t the most common way to sell, you will need to make sure you sell your house the right way when using owner financing. To help homeowners looking to sell on terms, we have put together some tips and pointers to make sure you cover all your bases when selling your house with owner financing.

Selling With Owner Financing Tips:

Below are the top 9 tips you will want to consider in order to make sure you are selling your house with owner financing the right way. Make sure you consider all angles of the transaction in order to protect you, your property, and the buyer from any future frustration or misunderstandings. This can be a complicated but rewarding process if you take the time to understand how to go about structuring the transaction the right way.

It's Not Just About Price

When you are looking to sell your house with owner financing, the sale price is not the only factor to consider. You will also want to be sure to factor in things like the interest rate you will charge, the length of the loan, any balloon payments that may be required, and other terms of the loan. Many times, if you are willing to help someone who is working to overcome issues with their credit, they are willing to pay a higher purchase price.

Consider Your Timeline For Repayment

Be realistic about the timeline you are willing to give for repayment of the loan. In order to make sure you don’t get in over your head, it is important to factor in things like job security, health concerns, and other life changes that could affect the ability of the borrower to repay the loan on time. It is also important for you to understand your personal goals with the timeline of the repayment of the loan. If you are 70 years old for example, you may not want to create a 30-year not unless it is designed to be passed down to your heirs.

Think Through Your Terms Ahead of Time

When you are selling your house with owner financing, you will want to have a clear understanding of all the terms of the loan before entering into an agreement with a buyer. This way, there are no surprises down the road and everyone is on the same page from the start. Some important things to consider when creating your terms include interest rate, down payment, loan length, or whether or not there will be a balloon or interest rate adjustment.

Protect Yourself With Solid Paperwork

One of the most important aspects of selling your house with owner financing is to make sure all the paperwork is in order. This means having a well-written and airtight contract that both you and the buyer sign. This contract should include all the terms of the loan as well as any other relevant information about the sale and should be prepared by an attorney.

Understand What Contingency Options You Have

When you are selling your house with owner financing, it is important to understand what contingency options you have in place in case the buyer is unable to make their payments. You will want to be sure to include a clause in your contract that outlines how missed payments will be handled and what actions can be taken by you as the seller if the buyer can no longer make timely payments.

Use A Qualified Real Estate Attorney

While you are not required to use a real estate attorney when selling your house with owner financing, it is highly recommended. An experienced real estate attorney will be able to help you navigate the process and ensure that all the paperwork is in order. They can also offer guidance on what terms to include in your contract and help protect your interests.

Market the Property to the Right Buyers

When you are selling your house with owner financing, it is important to market the property to the right buyers. This means individuals who are aware of the risks and rewards of this type of transaction and who are willing to work with you to create a mutually beneficial agreement. There are a number of ways to reach these buyers, including online advertising. Make sure you are aware of fair housing rules and regulations.

Be Sure to Check Buyer Qualifications

Especially when selling your house using owner financing, it is important to carefully vet any potential buyers. This includes running a credit check and verifying their employment status. You will also want to get a copy of their driver’s license and contact information for reference. Be sure to have a real estate attorney look over any contract before you sign.

Use A Servicing Company to Make Collection Easy

If you are not comfortable collecting payments yourself, you can always use a servicing company. This is a company that will handle the collections for you in exchange for a small percentage of the monthly payment. This can take a lot of the stress out of the process for you and make it easier to get paid on time and keep track of your payments.

Selling Your House With Owner Financing to A Professional Home Buyer Like Capstone Homebuyers

If you want a quick, hassle-free sale of your home, then selling to a professional home buyer like Capstone Homebuyers is your best bet.

We are all-cash buyers and can close on your house fast – usually in as little as 7 days! Plus, we don’t charge any fees or commissions, so you can keep 100% of the proceeds from your sale. But if you want to sell with owner financing, we buy in those situations too! We can help find a solution with terms that will create a win-win situation for everyone!

To learn more about selling your house to us with owner financing, simply fill out the form on our website or give us a call and one of our friendly representatives will be happy to answer all of your questions.

18. How To Sell Your House Fast in San Antonio, TX

Colby Hager on October 15, 2022

How To Sell Your House Fast in San Antonio, TX

If you need to sell your house fast in San Antonio, you want to make sure you work with the right home buyer who can actually deliver on the promise of buying your house fast. There is a right way and wrong way to go about getting a legitimate cash offer for your house from someone who actually has the ability and experience to make it happen.

Despite the fact that many people and companies claim to purchase houses in 7 days or less, not all can or even know what it takes to make a sale happen that quickly. In this article, we discuss how to sell your house fast and what you need to do and look for when deciding who can really make the fast sale happen for you.

Common Reasons People Need to Sell A House Fast in San Antonio

People who need to sell their house fast usually have certain life circumstances that are causing them to need to sell so quickly. It isn’t always the first choice and can be stressfull, frustrating, and emotional. That’s why choosing a qualified and professional homebuyer really is important. You want to know you will be treated professionally and that the homebuyer can do exactly as they say.

Recently been through a divorce
Liens or judgments against the property
Job loss or transfer
Struggling with back property taxes
Difficulty paying the mortgage
Unwanted house and want to move
Dealing with a sudden illness
Lost a loved one
Facing foreclosure
Bad tenants in a rental
Inherited property
Moving to assisted living
Difficulty selling
Structural or foundation problems

These are just some of the reasons why you might need to sell your San Antonio house fast and want to work with a reputable company that buys houses.

Finding the Right Home Buyer

Finding the right cash buyer when you want to sell your house fast is absolutely key. You want to find a professional home buying company that has the experience, resources, and ability actually make the sale happen quickly for you. You probably want to work with someone who will buy the house as-is. This is an important aspect of selling your house quickly and you don’t want to underestimate the value of finding the right buyer. We dedicated an entire post to what to look for in a cash buyer here.

In order to really sell your house fast, the transaction must have certain items and perhaps even more importantly, it must NOT have certain items. When you want to sell your house fast you need to make sure the buyer is doing the following:

No Banks

If a bank is involved, it will slow the process without a doubt. Even lenders that pride themselves on speed can’t come close to matching the speed of an actual cash buyer that knows how to purchase a house quickly.

No Appraisals

Appraisals take time to schedule, complete, and turn around a report. An appraisal will absolutely slow down the timing of your sale. Additionally, they could open the door for further negotiation if an appraiser has a low opinion of your house.

No Private Lenders

While private lenders are better than traditional mortgage companies, they still have requirements and stipulations that simply aren’t in alignment with you selling your house fast.

No Inspections

The actual inspection itself is only a couple of hours, but scheduling, the time it takes to get the report back, and what shows up on the report that might need to be addressed all work to slow down the sale of the house.

Additionally, an inspection usually means a re-negotiation. Typically, if there is an inspection, you aren’t selling your house as-is, and it likely won’t be as fast.

No Middlemen or Wholesalers

Selling to a middleman or wholesaler will definitely make the process of selling your house fast much more difficult. These types of buyers need to mark up the price in order to make a profit and that will take more time than working with an end buyer that can pay cash for your house because they in turn have to find a buyer to purchase at an inflated price which can take extra time.

Work With A Professional

If you want to sell your house fast in San Antonio, then you need to work with a professional. A professional home buying company will have the resources and ability to actually make the sale happen quickly for you. This is an important aspect of selling your house quickly and you don’t want to underestimate the value of finding the right buyer.

Verified Title Company

Make sure the home buying company you are working with has a verified licensed title company. A good title company will also be able to help facilitate a quick transaction and will know what is required to make sure a fast closing happens without delay.

A Home Buyer With Actual Cash

Make sure the home buying company you are working with has a verified title company. A good title company will also be able to help facilitate a quick transaction and will know what is required to make sure a fast closing happens without delay.

Selling Your House Fast: Once You Narrow Down Who You Will Work With

Now that you have narrowed down the options for who is a legitimate cash house buyer who can buy your house fast, you will want to get offers from each buyer.

At this stage, it isn’t just about purchase price. You want to make sure you have a good feeling about the buyer you will ultimately sell to. You want to make sure they are using approved Texas Real Estate Commission paperwork. If not, that could be a red flag.

Also, you want to pay attention to the fine print or details of the sale beyond just purchase price. Are all of the other terms fair, or slanted to benefit the buyer? Do you need time to move after the transaction closes? There is a section in the contract for that. This part of selling your house can honestly be the most important and the part of the sale that many homeowners are least knowledgeable. This is another reason why you want to make sure you feel like you can trust the company you are selling to.

Once you select an offer after reviewing the offers you have received, you will then sign the paperwork and the contract will move to the title company. Since you are selling your house fast and for cash, you will want to be in touch with the title company and make sure you provide them with everything they need so that they can facilitate the fast sale.

Prepare Your House To Move After A Fast Sale Agreement

Now that you have agreed to sell your house fast, you will need to prepare your house. This includes packing up your belongings and making sure the house is in the condition you and the buyer agreed to.

Often, when you sell your house fast, the company you sell to will be buying the house “as-is.” However, that doesn’t mean you should leave trash and debris around. One benefit to selling to Capstone Homebuyers is that you can take what you want and leave the rest. Also, there’s no cleaning required.

We will even haul off any unwanted items for you. You should also make sure your personal belongings and valuables are removed before the closing date or they could become the new homeowner’s property. The day of closing, all you need to do is hand over your keys and be on your way!

Attend The Closing To Finalize Selling Your House Fast

You will need to attend the closing to finalize the sale of your house. At this point, you will sign the final paperwork and receive your payment. Once that is complete, your money will be in your bank account and you get the freedom to move on with your life! The entire process from start to finish can happen in as little as 7 days when you sell your house to the right buyer. To find out more about how Capstone Homebuyers can buy your house fast in San Antonio, fill out the form or give us a call today!

41. How to Deal With an Unwanted House in San Antonio, TX

Colby Hager on October 15, 2022

How to Deal With an Unwanted House in San Antonio, TX

Are you feeling burdened by your house? Do you feel like it’s more of a hassle than anything else? If so, it might be time to consider selling. And while this can be a daunting process, it’s definitely doable with the right resources. In this blog post, we’ll outline some tips for dealing with an unwanted house in San Antonio, TX. Keep reading to learn more!

Common Reasons A House Becomes Unwanted

There are many reasons why a house can become unwanted. Some are common and other reasons might be unique to your and your situation. Below are some of the more common reasons why a house can become unwanted and might signal that it is time to move on and sell the house.

The House Prevents You From Taking Other Opportunities

Sometimes, the house itself can prevent you from taking other opportunities. For example, if you receive a job offer in another city but can’t sell your home, then you might have to pass up the opportunity. Or if you have a lot of equity and could make other investments if you could access your cash. If you feel like you are constantly feeling that way, it’s probably best to sell the house so that you can take advantage of other opportunities as they come your way.

The House Needs Too Many Repairs

If your house needs a lot of repairs, it can be a big burden. Not only do you have to pay for the repairs, but you also have to deal with the hassle and inconvenience of having work done in your home. If you’re constantly dealing with repair issues that seem to pop up all too frequently, you might be in the wrong house.

The House Has Become Too Small or Too Big

Families grow and change over time. And as your family changes, so does your need for space. If your house has become too small or too big, it might be time to consider a different home that better meets your needs. Upgrading your space or downsizing to a more functional home is a common reason why you might sell because you are in the wrong house.

Too Much Maintenance

Owning a home comes with a lot of responsibility. And if you’re not ready or able to handle that responsibility, it can be a burden. If you find that you are constantly having to deal with maintenance issues like landscaping, painting, repairs, constant cleaning and mowing, you might be in the wrong house.

You're Unhappy With Your Location

Your location can have a big impact on your quality of life. If you’re not happy with your current location, it might be time to move. Maybe you don’t like the schools in the area or maybe you’ve just outgrown your neighborhood. Whatever the reason, if you’re unhappy with your location, it might be time to make a change.

You Inherited the House

In some cases, people inherit a house that they don’t want. Maybe it’s in bad condition or maybe it’s just not your style. If you find yourself in this situation, you might want to sell the property so that you can put the money towards something else.

Why Owning the Wrong House Can Cost You

The House is No Longer in Your Budget

Personal finances can change. You may have had a job change or a disruption to your income. If you can no longer afford your mortgage payments or the cost of maintaining your home, it might be time to sell. Owning a home is a big responsibility and if you can’t handle the financial burden, it’s best to sell before you get too far behind.

Issues With the Neighborhood

The neighborhood around your home can have a big impact on your quality of life. If you find yourself constantly dealing with noise issues, crime, or other nuisances, it might be time to move. A bad neighborhood can also bring down the value of your home, making it harder to sell in the future. If you have children, this can be especially important.

Repairs or Structural Issues

As a homeowner, you are responsible for the maintenance and upkeep of your property. If you find yourself constantly having to make repairs or deal with structural issues, it might be time to sell. Not only can this be a financial burden, but it can also be a safety issue. Foundation or structural issues can be scary to a homeowner and if you ignore these issues they can worsen over time.

Emotional Costs

Owning a home can be emotionally draining. If you’re constantly worrying about your mortgage payments, repairs, or maintenance, it can take a toll on your mental health. If you find yourself in this situation, it might be best to sell so that you can focus on other things in your life.

Options For Dealing With Your Unwanted House

Rent the Property to a Long-Term Tenant

If you’re not ready to sell your property, you could rent it out to a long-term tenant. This might provide you with some extra income to help offset the cost of ownership. Just be sure that you are prepared to be a landlord before taking this step.

List the House on a Short-Term Rental Site

If you’re not ready to commit to a long-term tenant, you could list your property on a short-term rental site like Airbnb. This can be a great way to make some extra money when you need it. Take the time to check your local laws and regulations before listing your property.

Renovate The House

If you’re not ready to sell, you could consider renovating the house. This might be a good option if you’re unhappy with the current state of the property. Renovating can be a big project, but it can also increase the value of your home. Just be sure that you are prepared for the cost, contractor headache, and timeline.

Build A Pool or Guest House

If you have extra space on your property, you could consider building a pool or guest house. This can be a great way to add value to your home. It can also provide you with extra income if you decide to rent it out. Having a pool could increase your happiness in your home.

Sell The House

Selling your unwanted house might be the best option for you. This will allow you to move on with your life and put the money towards something else. When selling, you have a few options. You can work with a real estate agent or you can sell the house directly to a cash buyer. Working with a real estate agent is common if your house is in great shape and ready to sell, otherwise, working with a professional cash buyer can be the best route.

Selling Your Unwanted House Fast For Cash

Selling your house for cash to a home buyer can be a great option if you have an unwanted house or you just feel like you’re living in the wrong house. A local cash house buying company will buy your house even if it needs repairs and will make the process easy for you.

Consider where you will move and the timing of your move ahead of time. A good company that buys houses will be able to buy your house fast but will also give you time if you need to move or if you have a certain move-in date at your new place. Knowing this ahead of time will allow you to make sure you choose a house-buying company that will work with your specific needs.

When working with Capstone homebuyers, we make selling your house easy. We work with your specific needs, close on your timeline, and you won’t have to make any repairs. Additionally, you can avoid the hassle of cleaning or clearing out unwanted belongings. We say take what you want and leave the rest. You’ll get the money for your house without all of the extra work. Find out how selling your house to Capstone Homebuyers might make sense for you.

44. Having Trouble Selling Your House After A Divorce

Colby Hager on September 25, 2022

Having Trouble Selling Your House After A Divorce

We know that life can get pretty tough when you’re going through a divorce, but we want to take the stress off your plate. We buy houses in San Antonio and offer sellers the “Ideal Way” of selling their homes fast during difficult times like selling a house during a divorce or if they need cash right away for any reason whatsoever.

A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And in all that effort you also need to sell your marital home so that you can split the value of any equity in the house and put it all behind you.

But what if your property doesn’t sell? If you’re going through a divorce and wondering why the house isn’t selling, consider the following possibilities and what to do once you determine the reason the house might not be selling.

First, Consider Why Your House Isn’t Selling

Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to negotiate on the sale of the property.

Delays Can Add To The Problem

If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorney fees.

Simply put, you might be hoping to get a high price for your house but your divorce could actually be scaring people away and costing you money.

Work To Streamline The Negotiation Process

Another reason the house might not be selling as quickly as you hoped is that there isn’t one person in charge of the sale. If there are two sellers negotiating the same sale, buyers, realtors, or home investors might be getting different types of feedback depending on who they speak with.

Allowing one person to handle the aspects of the sale could alleviate some of these issues.

Fortunately, even if these quick fixes don’t work right away, there’s another option…

Strategy For Divorce Houses: Sell To A House-Buying Company Prior To Making The Divorce Final

Consider selling the house prior to beginning the divorce proceedings in court. This can alleviate many of the issues that cause problems when selling during the actual divorce process.

Once the courts are involved, things can get more complicated, take much longer, and can grind to a halt. Realtors often have difficulty working through the complexities that can be present during this situation. Working out a quick cash sale to an investor can be a solution that avoids many of the pitfalls of selling the traditional way during a divorce.

Sell To A Reputable Home Buying Company

Here’s an effective strategy for people who are trying to sell their divorce home — instead of listing the house with an agent, sell the house directly to a real estate buying firm like us at Capstone Homebuyers. As Homebuyers in San Antonio, we may not always be able to pay the market price for a property… but many people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairs, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (sometimes thousands of dollars).

If you’re worried that your house won’t sell during a divorce and if you want to sell your house fast, a real estate buying company like Capstone Homebuyers is the fastest and simplest choice to get the property out of the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.

30. Reasons Why You Might Consider Selling With Owner Financing in San Antonio

Colby Hager on September 25, 2022

Reasons Why You Might Consider Selling With Owner Financing in San Antonio

When it comes time to sell your house, there are a lot of ways to go about it. You can list it with a real estate agent, put up a sign in the yard, and wait for the offers to come in. Or you could consider selling with owner financing.

Owner financing is a great option for sellers who want to get the most out of their house and are willing to sell in a non-traditional manner. If you’re thinking about selling your house this way, here are the top 3 reasons why you should consider it.

Selling With Owner Financing Can Expand Your Pool of Potential Buyers

The traditional way of selling a house is to list it with a real estate agent and wait for buyers to come to you. But this can often take weeks or even months. And if your house is in need of repairs, it could be even longer.

With owner financing, you can bypass all of that and sell your house directly to the buyer without involving a bank or traditional lender. This means that you can sell your house to anyone who has the cash for the down payment, regardless of their credit score or employment history.

This actually makes your buyer pool bigger because traditional buyers can still put in an offer but now you are opening the door for buyers who are specifically looking for creative financing directly from the owner.

Possibly Sell Your House For More Than Market Value

When you sell your house the traditional way, you are at the mercy of the current housing market. If prices are low, you might not be able to get the price you want for your house. But with owner financing, you can set your own terms and price. This means that if the housing market is down but you still need to sell your house, you can offer owner financing to make up the difference.

You can also use owner financing as a way to negotiate a higher sales price. For example, if your asking price is $200,000 but the buyer only has $150,000, you could offer to finance the remaining $50,000 with an interest rate that is still lower than what they could get from a bank. With interest rates rising rapidly, owner financing will become more common and even more lucrative for sellers.

Create An Income Stream By Selling With Owner Financing

One of the best things about selling with owner financing is that you can create an ongoing income stream from your house. Once the house is sold, you become the bank and the buyer makes monthly payments to you instead of a bank. This gives you a chance to earn money from your house every month, which can be used to supplement your income or help with expenses. And if you sell the house for more than it’s worth, you could potentially make a lot of money over time.

When you act as the bank, you collect amortized interest. think about this…a $150,000 loan amortized over 30 years with a 6% interest rate collects $173,757 in interest in addition to the $150,000 principle. That means you collect a total of $323,757 over the life of the loan. How about that as an income stream and investment!

A Word Of Caution When Selling With Owner Financing

Before you decide to sell your house with owner financing, there are a few things you need to be aware of. First, make sure you understand the legal aspects of selling with owner financing. There are some specific laws that apply and you need to make sure you are in compliance.

You also need to be aware of the risks involved. When you become the bank, you are taking on all of the risks if the buyer defaults on the loan. This means that you could end up having to foreclose on the house and evict the buyer, which can be a long and costly process.

If you don’t own the house free and clear, owner financing might still be an option for you but you need to understand the way a wraparound mortgage works and get competent legal advice throughout the process.

How Capstone Homebuyers Can Help

If you want to sell your house fast and for cash, owner financing might not be the best option for you. But if you are willing to take on a little more risk and wait for the right buyer, owner financing can be a great way to get the most out of your house.

At Capstone Homebuyers, we are always looking for houses that are being sold with owner financing. We will work with you to structure the deal in a way that is beneficial for both parties. We are a qualified buyer and ready to close quickly. Give us a call today to learn more about how we can help you sell your house with owner financing.

22. How To Handle Delinquent Property Taxes In Texas

Colby Hager on September 24, 2022

How To Handle Delinquent Property Taxes In Texase

If you or someone close to you are dealing with property tax problems, you might be worried about your ability to pay them back. The consequences of not paying your taxes can result in losing your home if the problem is not taken care of. Sometimes in Boerne TX, the big issue is that you never know when they will decide to move forward with the foreclosure of the home to satisfy the accrued property tax debt. So, what are your options when facing this issue? Keep reading…

Property taxes in Texas can be more than overwhelming. Understanding how to avoid having your property up for auction at the tax sale for delinquent taxes. In San Antonio, the taxing authority is Bexar County and they are responsible for holding the tax sale, issuing the tax liens, and enforcing the Texas property tax codes. Texas property tax rates are continuing to increase which makes the risk of going into the foreclosure process even greater because of delinquent property tax owed.

What Can Happen To Unpaid Property Taxes in Texas?

Delinquent taxes over a long period of time can lead to the worst-case scenario. You could lose your home. You will likely incur penalties, fines, and interest should someone buy the tax lien on your home. When you fail to pay your property taxes, the county government will put a tax lien on your property until the balance has been paid.

If the debt remains unpaid, the county will eventually auction off the lien to the highest bidder. At this point, you must pay the bearer of the lien the back taxes, plus fees, plus penalties, and plus any interest owed to the tax lien bearer. At this time, if your house is foreclosed on by Bexar county, you lose the right to occupy the property.

After the house is foreclosed on by the taxing authority, your redemption period begins. You have anywhere from 12-24 months to pay all of the back taxes along with the penalties and interest. If you do not redeem, you no longer have a right to get your house back.

What Are Your Options With Back Property Taxes in Bexar County?

There are some options you have when you have back property taxes in San Antonio, TX, or the surrounding area. You can pay them, try and get them lowered, or work with a direct house buyer who is willing to help you out of the hole you are in.

Nobody wants to lose their home, especially to a complete stranger at a foreclosure auction. Before your unpaid property taxes get out of hand, do everything possible to resolve the situation.

Pay Off Delinquent Property Taxes in Texas

This option can be seen as the best and most obvious option. But, how do you do it if you are struggling to pay them in the first place? You can create a savings and repayment plan or work with your local property appraiser to try to get them lowered. Unfortunately, this option isn’t realistic for many people facing this problem.

1. Save To Pay Taxes Owed

If saving to pay down the property tax debt is an option, sit down with a financial planner or someone who can assist you by taking a good honest look at your financial situation. An outside perspective on your spending might be just what you need to pay off your debts. Come up with a plan to save a set amount each month and use that to pay down the balance of your property taxes.

Bexar County is unlikely to initiate the foreclosure process if you are making regular payments to your outstanding balance. Keep in mind that you will not only need to pay back the back taxes that have built up, but also the fees, penalties, and interest that will have added to the total balance.

2. Negotiate A Lower Tax Appraised Value

At times, you can work to have the property appraiser lower the value of your house, which can lower your tax rate if you believe they have been assessed incorrectly. You won’t be able to negotiate the rate at which you are taxed; however, you can attempt to negotiate the assessed value of your home.

Check to make sure they have the important details of your house recorded correctly. For example, don’t let them say you have 2 bathrooms when you really only have 1.5. The assessor will look at other homes in your area and what they are selling for. Sometimes, you need to take a deeper look at the numbers.

If you are going to challenge the value the assessor has placed on your home, make sure you have comparable houses to compare it to. A fair warning: This process can be time-consuming and frustrating, and in today’s climate of run-away taxes, it doesn’t always work.

Remember, this option is great for future taxes but doesn’t do anything to resolve a tax bill that has already gotten out of hand and is past due.

3. Using A Property Tax Loan For Delinquent Property Taxes

A property tax loan can provide temporary assistance in a time of need but should not be taken lightly. Getting a private loan from someone to catch up on your property taxes can help in the short term but make sure you read all of the fine print and terms and conditions carefully before you sign anything.

Keep in mind that you will most likely have fees and penalties added to your original debt. The entire amount must be paid off in order for the county to remove the lien on your property. The interest can be high and there can be severe penalties for nonpayment. Before you get yourself in this situation, take a good look at all of the options available to you first.

4. Start A Payment Plan To Avoid Property Tax Foreclosure

If you’re behind on your property taxes, you may be at risk of foreclosure. However, there is a way to avoid this by establishing a payment plan with your county tax assessor. This will allow you to catch up on your payments and avoid the penalties associated with the foreclosure.

In most cases, you will be required to make a down payment and then make monthly payments until the balance is paid off. However, the terms of the payment plan can vary depending on your situation. If you’re struggling to make ends meet, it’s important to contact your county tax assessor as soon as possible to discuss your options. By doing so, you can avoid property tax foreclosure and keep your property.

Selling Your Property With Delinquent Property Taxes

Selling a property in Texas that has property taxes owed is actually quite common. While there is technically a tax lien on the property any time property taxes are due, there is nothing that will prevent a house from being sold.

Many homeowners who are considering selling a property with back taxes do so prior to the property being scheduled at the tax sale auction. However, if the property has been scheduled for auction, you may need to sell quickly before the house is sold at the property tax sale.

Selling With A Realtor When There Are Back Taxes

When you owe back taxes on a property, it can be tricky to sell the property through traditional means. Many realtors will not work with a property that has back taxes. However, there are some realtors who are willing to work with houses that have property taxes owed.

One thing to keep in mind is that the realtor’s commission will need to be paid out of the proceeds from the sale, so you may want to negotiate a lower commission upfront. In addition, you will need to make sure that the back taxes are paid off before the sale is finalized. Otherwise, the new owner will be responsible for them.

These realtors will often have a network of investors who are willing to take on the risk of the back taxes in exchange for a discounted price on the property. In this case, it may be better to contact the homebuyer directly to avoid having to pay commissions in addition to the taxes owed.

Finding A Local Cash Homebuyer

There are local buyers and investors out there who are ready to help you right now so you don’t have to sink more money into the house or toward your tax bill. They will handle everything so you can sell the house and walk away from your property tax problems once and for all.

One of the best options is to sell your property with tax liens and work with a reputable home buyer who is willing to help you tackle the liens and back property taxes you are facing. When working with a private buyer, make sure you are still receiving a fair price. No matter how desperate your situation might seem, you should always be treated fairly and receive a fair and honest price.

Capstone Homebuyers Buys Houses With Back Taxes Owed

Capstone Homebuyers is a team of professional people who buy San Antonio TX houses. We are homebuyers who can help you by purchasing your home outright. We will take care of the back taxes, liens, and anything else that is stopping you from being able to sell your house in the traditional manner.

Our easy 3-step home buying process means you don’t have to feel stuck, burdened, or feel exhausted by the amount of property tax debt you are facing. We have worked with people all over the San Antonio area who were dealing with property tax problems. (Just check out our testimonials to hear it directly from them.) Let us help you by using our knowledge and expertise to get you out of the situation fast!

16. Selling to A Home Buying Company in San Antonio: What to Look For

Colby Hager on September 24, 2022

Selling to A Home Buying Company in San Antonio: What to Look For

Are you considering selling your house to a home-buying company in San Antonio? It can be a great option when you need to sell quickly, but it’s important to do your research first and know what to look for.

There are a lot of home buying companies in San Antonio but not all home buying companies are created equal, and some may not be reputable or offer fair prices. Some might not even be the actual buyers. So, how do you know which company is right for you? Here are a few things to consider.

Characteristics of the Best Homebuyers in San Antonio

Experience With Your Specific Situation

A good, reputable home buying company will have experience with your specific situation.

For example, if you are going through a divorce or have inherited a property, you’ll want to look for a company that has worked with people in those situations before. This shows that they know how to handle the paperwork and will likely be more understanding of your unique situation.

Great Customer Service From the Home Buyer

When you’re selling your house, you should feel like you’re the only customer. The home buyer should be attentive and responsive to all of your questions and concerns. If they’re not, that’s a red flag. You should also look for a home buyer who is available when it’s convenient for you. You will want the home buyer to be willing to work around your schedule and not the other way around.

Home Buyers Who Are Responsive With Communication

If you are talking with multiple home buying companies local to San Antonio, notice how they treat you, and their responsiveness, and make sure they follow through with their commitments. The best home buyers will be responsive with communication throughout the process of getting you an offer.

A Home Buyer With A Strong Financial Position

You’ll want to work with a home buyer who has the financial ability to actually purchase your home. Ask them about their funding and how they plan to close on the deal. If they don’t have the cash on hand to buy your property outright, they should at least have access to private funding or be able to get pre-approved for a “same as cash” loan.

Asking for proof of funds is not out of bounds. If the company plans to buy your house fast with cash, proving they actually have the money should be no problem at all.

Fast Offer and Low Pressure

A great home buyer will make you a fair, all-cash offer within 24 hours and there should be no pressure to take the offer. If you’re being pressured to take an offer or told that the price will go down if you don’t accept right away, that’s a red flag.

You should never feel like you’re being taken advantage of or that you have to make a decision on the spot. A reputable home buying company in San Antonio will be confident in their offer and their home buying process and won’t need to resort to high-pressure sales tactics to win business.

Can Buy Fast or on Your Timeline

The best home buyers will be able to work on your timeline. If you need to close fast, they should be able to do that. But if you need more time, they should be flexible and accommodating.

Keep in mind that a home buyer who can close quickly is usually a good sign that they’re a cash buyer. Most companies that buy houses in San Antonio that are legitimate cash buyers will even be willing to offer a leaseback if you need more time to move.

Questions to Ask A San Antonio Home Buyer

How Long Have You Been Buying Houses in San Antonio

Finding out how long the home-buying company has been buying houses for cash in San Antonio is a good way to gauge their experience. The longer they’ve been in business, the more likely it is that they’re a reputable company.

How Much Experience Do You Have Buying Houses

Even if the company has been buying houses in San Antonio for a long time, they may not have experience with your specific situation. Like our previous example, if you are going through a divorce or have inherited a property, you’ll want to look for a company that has worked with people in those situations before.

Can You Give References

If the home-buying company is legitimate, they should have no problem giving you references from past clients. Another reference to ask for is the title company they use. If you call the title company, they should know exactly who the company is and be willing to vouch for them. If they’re reluctant to do so or only have a few references, that’s a red flag.

What Is Your Home Buying Process

The best home buyers will have a set process that they follow every time. They should be able to walk you through each step so that you know what to expect. They should be able to answer any questions you have about the steps to sell your house and you should feel completely comfortable knowing that you are working with an expert.

What Do You Look For in A Property

The home-buying company should be upfront about what types of properties they are interested in and what they are looking for. There is no perfect property, but if the company is only interested in properties that need major repairs or are vacant, that’s something to be aware of. Most companies want to know if the major components of the house need work. These companies are in the business of making repairs so transparency in this area won’t hurt your offer.

How to Know Which Home Buyer Reviews You Can Trust

Video Reviews On Their Website

The best home buyers will have video reviews from past clients on their website that you can watch. This is a great way to get an idea of what it’s like to work with the company and see if they’re a good fit for you. Pay close attention to the people’s situation and see if it is similar to yours. You’ll also want to make sure the reviews seem genuine and not paid actors.

Google Reviews That Match the Video Reviews

In addition to video reviews, the company should also have Google reviews. There will likely be different reviews from the video reviews but there should also be some that are from the same people and those reviews should match up. If you see a bunch of positive video reviews but negative Google reviews, that’s a red flag.

Better Business Bureau Reviews Without Complaints

The company should also be accredited by the Better Business Bureau and they should have good reviews there as well. You’ll want to make sure that there are no complaints filed against the company. If there are complaints, see how they were handled and if the company seems to take them seriously.

Too Many Reviews Posted All in the Same Timeframe

If you see that all of the reviews were posted within a few weeks or months of each other, that’s another red flag. This could mean that the company is paying for fake reviews

How to Recognize A Legitimate Home Buying Company vs A Wholesaler

There are several small ways you can make sure that you are selling to an actual cash home buying company and not just a middle man or wholesaler. There are several reasons you want to sell to the buyer as opposed to a wholesaler. Primarily, you will typically get more money from the sale by cutting out the middleman.

Check the Buyer on the Contract

When you are given a contract, the name of the buyer should be listed on the sales agreement. The contract should also have the buyers’ contact information so that you can reach them directly if needed. If this is left blank or has “and or assigns” listed, this is a red flag that you might not be dealing with the actual buyer.

Pay Close Attention to the Option Period

The option period is the time frame in which the buyer can back out of the contract for any reason. A legitimate home buying company will have a reasonable option period, typically no more than 10-14 days. If the option period is 30 days or more, this is a red flag that you are dealing with a wholesaler or middleman.

Make Note of the Earnest Money Deposit

When you make an offer on a house, the buyer will put down an earnest money deposit. This is a good faith deposit that shows that the buyer is serious about the purchase. A legitimate home buying company will typically have a higher earnest money deposit than a wholesaler or middleman. This is because they are the actual cash buyer and aren’t afraid of losing the deposit because they know they are actually going to buy the property.

Ask Directly If They Are the Actual Cash Buyer

If you are unsure if you are dealing with a wholesaler or the actual cash buyer, you can always ask them directly. A legitimate home-buying company will have no problem telling you that they are the actual cash buyer and will be able to provide proof if needed. A wholesaler or middleman might try to avoid mentioning their role but they might not want to outright lie if confronted with a direct question.

What Makes A Home Buyer Credible

Improve the Lives of the People They Serve

A credible home buying company will be focused on improving the lives of the people they serve. This might mean that they are willing to work with you to get you the best price for your house or it might mean that they are willing to help you find a new place to live if needed. A company that is only interested in making a quick buck off of your house isn’t exactly taking the actions of a credible local company.

Create Local Jobs

A credible home buyer company will also be focused on creating local jobs. This is good for the economy and it’s good for the people who live in San Antonio. A company that outsources all of its work to other states or countries isn’t exactly helping the local community.

Increasing Neighborhood Values

A credible home buyer company will also be interested in increasing neighborhood values. This means that they will be buying houses and fixing them up so that they are worth more money. They might also be willing to work with the city to improve local infrastructure or increase public safety. All of these things can help to increase property values which benefit everyone in the community.

Make A Difficult Process Easy

The home-buying process can be very difficult and stressful. A credible home buyer company will make the process as easy as possible for you. They will work with you to give you the best price for your house and they will help you through the entire process from start to finish. This can take a lot of the stress out of the process by handling most if not all of the paperwork and interfacing with the title company.

What Makes A Home Buyer Credible

If you are looking for a credible home buyer company in San Antonio, Texas, look no further than Capstone Homebuyers. We are a local company that is interested in improving the lives of the people we serve. We create local jobs and we are focused on increasing neighborhood values. We also make the home buying process as easy as possible. Our reviews are legitimate and we do everything we can to go above and beyond for our customers. We love the people of San Antonio and this is the only city where we buy houses. Contact us to see how we can help.

37. Who Are The Best Cash House Buyers In San Antonio Texas?

Colby Hager on September 24, 2022

Who Are The Best Cash House Buyers In San Antonio Texas?

If you’re looking for the best cash house buyers in San Antonio Texas, then you’ve come to the right place. In this blog post, we’ll give you a list of the top three cash home-buying companies in San Antonio. We’ll also tell you about the services that each company offers and why they are the best choice for selling your home quickly and hassle-free. So, if you’re thinking of selling your home in San Antonio, be sure to read on!

Want to Skip Straight To The Top 3? Scroll Straight to the List

What is a Cash House Buyer

A Cash House Buyer is an individual or company who buys homes for cash. A Cash House Buyer typically buys properties that are in need of repair or are otherwise not easily sellable on the open market. In many cases, a cash buyer is there to solve a problem that real estate agents and retail “owner-occupant” buyers aren’t able to solve. Cash house-buying companies typically close quickly and take care of all the fees and charges normally associated with selling a home.

Why Would Someone Need A Cash House Buyer

Foreclosure

If you are facing foreclosure, a Cash House Buyer can help you avoid the damaging effects that a foreclosure will have on your credit score. Additionally, if you are facing foreclosure, a Cash House Buyer can help you keep your home and avoid eviction.

House Needs Repairs

If your home is in need of major repairs, it can be difficult to find a buyer who is willing to pay the full market value for your home. In these cases, a Cash House Buyer can help you get the most value for your home despite the current condition or cleanliness.

Inherited Property

If you have inherited a property that you do not want to keep, a Cash House Buyer can help you sell the property quickly and for cash. This can be a great option if you need to sell the property quickly and do not have the time or resources to make repairs or list the property on the open market. Most of the time, a real estate investor is also able to help you navigate the probate process.

Need To Sell Quickly

In some cases, people need to sell their homes quickly. This can be for any number of reasons including job loss, relocation, divorce, or simply because they need the cash. A Cash House Buyer can help you sell your home quickly so that you can move on with your life. They aren’t there to judge the situation, they are there to provide you with ways to help you.

Structural or Foundation Problems

If you have a home with structural or foundation problems, it can be very difficult to find a buyer. Most people are not willing to take on the risks associated with these kinds of repairs. A Cash House Buyer will typically be more than happy to buy your home as-is, regardless of the structural issues. Another great thing about selling to a professional home buyer is that you don’t have to worry about the liability of selling a house with structural damage.

What are the Benefits of Selling to Local a Cash Buyer

Close Fast or On the Date You Choose

When you sell your home to a Cash House Buyer, you can choose to close as quickly or slowly as you want. If you need the cash right away, they can typically close in as little as 7 days. However, if you need more time to move out or get your affairs in order, they are usually happy to accommodate your needs. Many times, a legitimate real estate investor will offer you a temporary lease back after closing without charging you rent.

No Closing Costs

When you sell your home to a Cash House Buyer, you don’t have to worry about any of the typical fees and costs associated with selling a home. This includes things like closing costs, appraisal fees, surveys, escrow fees, recording fees, wire fees, transfer taxes, and more. When you factor in all of these savings, it’s easy to see why this can be real benefit that helps your bottom line.

You Don't Have to Pay Agent Commissions

If you sell your home to a Cash House Buyer, you don’t have to pay any agent commissions. This can save you thousands of dollars that you would otherwise have to pay if you sold your home on the traditional market or used an agent to help you find a cash buyer.

No Need to Clean

When you sell your home to a Cash House Buyer, you don’t have to worry about making any repairs or cleaning up your home. You can sell it as-is and they will take care of everything. This can save you a lot of time and money that you would otherwise have to spend on getting the place cleaned out. You can just take what you want from the home and leave the rest behind.

How to Find the Right Cash Buyer in San Antonio

Make Sure They Have A Good Reputation

The first thing you want to do when looking for a Cash House Buyer in San Antonio is make sure they have a good reputation. There are a lot of people who will try to take advantage of sellers in situations like this. You want to make sure you work with someone who is trustworthy and has a good track record.

Find A Cash Buyer Online With Great Reviews

One of the best ways to find a reputable Cash House Buyer in San Antonio is to look online. There are a number of websites that allow you to search for local investors who buy homes for cash. You can then read through the reviews and testimonials to get an idea of what others have said about their experience working with the investor. If the investor has video reviews like the ones seen here, this can be an even better sign.

Make Sure They Are the Buyer, Not A Middle Man

There are some people who will try to act as a middleman in these types of deals. They will find a Cash House Buyer and then try to take a cut of the profits. You want to make sure you are working directly with the buyer to avoid this type of situation. Typically, if you get caught up with these middlemen, your customer service is lacking, promises are made and not kept, and you end up with less money than you otherwise would have.

Have The Feeling You Can Trust Them

At the end of the day, you want to make sure you are working with someone you can trust. This is a big decision and you want to make sure you feel comfortable with the person you are working with. Make sure they answer all of your questions and that you feel good about the deal before moving forward.

Top 3 San Antonio Cash Buyers

Best Corporate Online iBuyer: Opendoor

Opendoor is the best option if you want to deal with a corporate online-only buyer. They aren’t local but they do have some nice features. However, you can typically get all the benefits found at Opendoor with a local buyer as well. See a full comparison of local vs corporate buyers.

Best Real Estate Agent Buyer Program: Spencer Hasch

If your house doesn’t need repairs and is a good candidate to be listed with a Realtor for a traditional sale, you might still benefit from a cash offer. There are Realtors who will give you a cash offer if your listing doesn’t sell. Spencer Hasch is the Realtor for this program.

Best Local Cash Home Buyer: Capstone Homebuyers

If you want to work with a local, family-owned company that only buys houses in San Antonio, Capstone Homebuyers has been the top choice for San Antonio homeowners. Capstone Homebuyers always gives you a fair cash-offer and great customer service. Capstone Homebuyers has great reviews and loves the community.

Selling Your House to Capstone Homebuyers

Selling your house can be a difficult process, especially if you need to sell quickly.

It’s hard to know who to trust when you’re selling your house. You don’t want to get taken advantage of by someone who is only interested in making a quick buck.

Capstone Homebuyers is the answer. We are a local San Antonio company that buys houses for cash. We understand that people often need to sell their house quickly, and we are here to help. We offer fair prices and a hassle-free process.

26. Selling Your House to Help Quickly Pay Off Debt or Fund Retirement: Why This Might Be An Option

Colby Hager on September 24, 2022

Selling Your House to Help Quickly Pay Off Debt or Fund Retirement: Why This Might Be An Option

If you have a house that is vacant, in disrepair, or simply not being used, you may consider selling the property. While this can be a difficult decision, selling your house can actually be a great way to improve your financial situation. The proceeds from the sale can be used to pay off student loans, credit card debt, or fund your retirement. Let’s take a closer look at how selling your house can help you reach your financial goals.

If you have a house that is sitting vacant, it may be costing you money in property taxes, insurance, and other associated costs. By selling the property, you can eliminate these expenses and use the proceeds to pay off debt or fund your retirement. If the property is in disrepair, selling it can also be a way to avoid expensive contractors and renovations.

Is Selling Your House Fund Retirement Smart?

There are a few different scenarios when selling your home makes sense. If the property is in disrepair and would require significant repairs to make it livable, it may make more financial sense to sell the house and use the proceeds to help with a more pressing need.

Many people fail to plan for retirement early in their careers. The result can leave them in a bit of a bind later in life. Selling a house that needs repairs or is vacant for cash can be a way to make up for those lost years.

Any time a house is vacant or abandoned, it could make sense to sell the house so you can take the returns from the sale and invest in your retirement and put your money to work for you. Also, when you get cash for your house, you are able to diversify your money into different investments that could make for a more well-rounded retirement portfolio.

If the house is your primary residence, you might not consider selling just for the sole purpose of funding your retirement. After all, where are you going to live once you sell the house? However, there are some instances where this could make sense. For example, if you are already retired and the home’s maintenance is becoming unmanageable, you might sell to move into a maintenance-free living situation. Or maybe you need to sell to downsize and can use some of that extra money from the sale of your house to pad your retirement.

Make sure you have a solid plan in place before you sell your primary residence. It’s always smart to make sure you have plenty of time to move after selling. Also, make sure your new house fits within your monthly budget in retirement.

Can an Inherited House Be Sold to Pay Off Debt?

Yes! If you have inherited a property that you do not plan to live in, selling the house can help you free up some extra cash. Many people decide to sell an inherited house because the house is out of town, needs repairs or the heirs no longer have a use for the property. If this is the case, selling might be the best option for you. The extra cash can help you pay off your debt so you can focus on other financial goals.

If you need to sell an inherited house quickly to pay off debt, you may want to consider working with a professional home buyer. They have the ability to pay cash for the house and close quickly. Also, a professional will know how to navigate the inherited and probate process if that hasn’t already been taken care of.

Selling Your House To Get Cash Quickly

Selling your house can be a great way to quickly pay off debt or fund retirement. If you’re considering selling your property, it’s important to consult a financial advisor to ensure that it’s the best option for you. With some careful planning and working with the right people, selling your house can be a very rewarding experience.

The truth is, you may have a number of reasons for wanting to sell your home quickly.

No matter what your reason for wanting to sell is, it’s important that the process is as quick and easy as possible. That’s where we come in. We buy homes fast, so you can move on with your life without any stress or hassle.

When you work with Capstone Homebuyers, we’ll make the entire process as simple and straightforward as possible. We’ll give you a fair offer for your home, and then we’ll take care of all the paperwork and closing costs so that you don’t have to worry about a thing. Contact us today to get started!