When you are planing to sell your house, in most situations home sellers will contact a Real Estate Agent. This is fine if you have the time to wait, but there are some situations where we need to sell a house fast, or maybe you don't have enough equity in your home to sell it for a profit and you will have to cut a big check to your Realtor, plus their commission.. hardly makes sense. Another option homeowners may take is to sell their home to sell by "For Sale by Owner". May sound like an option at first to prevent those expensive Realtor fees, but after you get started, you will soon understand that selling a house has is a lot more involved than simply buying a sign, putting out some flyers and posting it online. Let look at this situation. Let's say that you just put your house up for sale for $160,000 and the day you put your house for sale someone comes along and offers you $145,000, would you take it? Most people selling their home won't take that offer, they would rather wait and get closer to their asking price. On Average today it is taking close to a year or more to sell a house in this market. If your mortgage payment was $1,500 dollars, even if your house sold faster than average and it only took you 8 months to sell it. Here is the challenge. Sure, you sold it for closer to your asking price and got $154,000, $9,000 more than the first offer the day you put your house on the market. Does this sound like you won? Not even close. While you were in the process of selling, you still had to make your monthly payment, pay electric, yard maintenance , etc, etc, but in this example let's be conservative and count only the house payment. That would mean that you spent $12,000 on house payments while you waited for your houses to sell for more money! If you do the math, you lost well over $3,000 plus by waiting to sell in nothing more than paying your monthly mortgage payment! There is also another situation where some home owners can't wait to sell their house, when they are in or facing foreclosure. Waiting to sell your house in not an option. If you are in this situation, you really should contact us immediately for a solution. If you are in the Northern Pittsburgh area and need to sell a house a fast, before you do anything, please contact us at CRFHomeBuyers.com, we may be able to offer you a fair solution that can save you time, money and even a possible foreclosure against you. For faster service and to see if your house qualifies for our Rapid House Purchase Program please complete online confidential home seller questionnaire. |
