7 Tips For Selling Your House and 3 You Must Avoid

Colby Hager on October 25, 2022

7 Tips For Selling Your House and 3 You Must Avoid (Plus A Bonus!)

Making The Right Decisions To Sell Your House Faster

You may find yourself asking how to sell your house fast. This is a common question for many homeowners who find themselves in a variety of situations. Some people are relocating for work, some need the cash to pay off debts, and others simply want to move on from their current home. No matter what your reason is for wanting to sell quickly, there are certain things you can do to make it happen.

Here are 7 tips for selling your house fast:

#1. Know The Costs of an Agent

The first step is to be realistic about the costs of working with a real estate agent. You will have to pay their commission, which is typically 3-6% of the home’s final sale price. In addition, you will also need to pay for things like marketing, appraisals, and home inspections. If you are trying to sell your house fast, you may want to consider selling it without an agent. This will save you money on commissions and fees, but it will also mean that you will have to do more work yourself.

#2. Set The Right Price

You should start by finding out how much your home is worth. This can be done by getting a professional appraisal or by comparing your home to others that have sold. It can get tricky if the house needs repairs. Then you have to price the house factoring in the repairs that are needed.

#3. Know the Cost of Repairs

If you need to do repairs, get quotes from contractors so you know how much it will cost. This can help you determine if it is worth doing the repairs yourself or if you should sell the house as-is. Be realistic about the repairs and make sure you focus on the areas that will give you the most bang for your buck.

#4. Budget For the Cost Of Staging

If you want to sell your house fast, you should consider staging it. This can make a big difference in how quickly your home sells. It is important to budget for the cost of staging, which can range from a few hundred to a few thousand dollars.

#5. Market Your House to the Right Buyers

Once you have priced your home and made any necessary repairs, it is time to start marketing your house. This can be done by listing it online, in newspapers, or with a real estate agent. You should also make sure that you are targeting the right buyers. Attracting a cash offer is always preferable.

#6. Selling Your House On Your Own Is Always An Option

Selling your house on your own is always an option. This will save you money on commissions and fees, but it could mean that you have to do more work. You will be responsible for marketing, showings, and negotiating the final sale price. If you work with a professional home buyer, they will actually simplify the process, make the sale easy for you and give you a cash offer at the same time.

#7. Sell To A Local We Buy Houses Company

If you want to sell your house fast, another option is to sell it to a local “We Buy Houses” company. These companies are investors who specialize in buying houses quickly. They will make you a cash offer and close on the sale in a matter of days. This is a great option if you need to sell quickly and don’t want to make repairs. Working with a local company that specializes in helping sellers.

#8 Bonus! Understand Why Cash is King

When you are selling your house, it is important to understand why cash is king. Cash buyers are usually investors who have the money available to buy your house outright. This means that they can close on the sale much more quickly than a traditional buyer. If you need to sell your house fast, working with a cash buyer is always the best option.

What To Avoid To Sell Your House Fast

There are also a few things that you should avoid if you want to sell your house fast.

1. Don't Overprice Your House

If you price your house too high, it will sit on the market and eventually become “stale”. This means that buyers will be less likely to make an offer, even if you do eventually lower the price. It is always better to start with a fair and reasonable price so that your home will sell quickly.

2. Don't Ignore The Competition

When you are selling your house, it is important to be aware of the competition. There are other houses on the market that are similar to yours and buyers will be comparing them. If your house is overpriced buyers will gravitate toward your competition.

3. Avoid Selling During The Holidays

The holidays are generally not a good time to sell your house. Buyers are busy with family and other commitments and may not have the time to look at homes. In addition, many people are hesitant to make a big purchase during this time of year. If you can wait to sell until after the holidays, you will likely have more success.

San Antonio Home Owners Choose To Sell To Capstone Homebuyers

If you want to sell your house fast in San Antonio, the best option is to work with Capstone Homebuyers. We are a local company that specializes in helping sellers. We will make you a cash offer and close on the sale in as little as 7 days. We can also help you if you are facing foreclosure or if you need to sell your house for any other reason. Contact us today to learn more about how we can help you!

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!