When It's Just Time To Get Out: How You Can Sell Home For Cash In A Hurry

25 November 2015
 Categories: Real Estate, Blog


At some point, you may decide that you no longer want to own a home or be responsible for its expensive upkeep. This is especially true if you are an empty nester, a single person who would rather travel, or you have neighbors that are just more than you can bear. Thankfully, you can sell your home for cash in a hurry, and here is how you can do it.

Through a Real Estate Agency

Some real estate agencies offer to buy your home outright so you can move out and move on with life. (You may or may not get full market value as if you were to stay in the home until it is sold, but most people who have to move or want to move quickly are not hampered by this fact.) The agency and/or agents then try to turn the house for a profit or convert it to a rental property until it is sold. Your home may even be "leased to own," allowing potential buyers to live in the house as renters/leasers until they are ready to buy the house outright.

Through a Private Investor

There are multiple investors out there right now who are looking to buy up properties for pennies on the dollar. There are also several investors who will pay fair market value to take ownership of your property. You will not turn a profit selling to a private investor who can pay you cash on the spot, but you will be able to leave your old home behind as soon as the investor takes ownership of the property. Cash on the spot (usually in the form of a cashier's check or bank draft) is the biggest benefit to selling your home this way.

Through a Public Auction

Your local county sheriff's office is a good place to seek information on public auctions of private property. County sheriff's offices hold property auctions regularly, and if you want to get a slightly better price on your house, you could go this route. It works like any other auction; you place your home on the auction block, ask a starting price, and hope someone buys it for slightly more than your beginning price. If it does not sell for more, at least you get what you asked for it. (Be sure to ask the fair market value to start so you do not walk away with less than what your property is worth.)

Be sure to do your research before selling your home quickly. Sites like www.sellyourspringshouse.com can help.