Are you are thinking about selling your house soon? If so, then there are a lot of questions to consider. Your queries can be a combination of questions about your house, professionals who can help you sell your house faster, and what the market in your area looks like. Other questions you may ask might be about potential buyers or the reasons your house isn't selling. Luckily, we have compiled the top 10 questions to ask when selling your home for cash and have provided the answers for you below. Read on to learn more about the best practices and how you can sell your house for cash - fast.
10 Questions To Ask When Selling Your Home for Cash
While you may have a lot of questions about house selling, try to categorize them before you ask. Some questions are more important than others such as the state of your home, the validity of buyer offers, and what professionals to talk to for help with the process. For selling your house fast, the use our questions below as a good outline for some of the best ones you can ask.
When Is the Best Time To Sell My House?
For every real estate market, there are certain times of the year, or even specific days, when the house selling process is easier. In most markets, the best to sell your house is between spring and summer. In the Bay Area, the peak selling and buying me for real estate is during the spring. During this me, there is a rise in the number of listings for real estate and a rise in home prices. The spring is also a time when many potential buyers are looking at the market for new projects.
Putting your house on the market during the spring has the following benefits:
- The market is hot and you are more likely to attract potential buyers.
- Demand raises prices in the spring, so there is a chance you can sell for a better price.
While you can sell your home during any season, selling in the spring increases your potential selling speed and the amount you can sell.
How Long Does It Take To Sell My House?
The time it takes to sell your house depends on many factors. These factors include what the housing market in your area looks like when you list your home for sale, the marketing skills of you or your real estate agent, the price of your home, and the condition of your home when you list it.
In the Bay Area, a house listed during peak times, with great marketing and competitively priced, can sell in as little as 45 days. While there isn't a perfect way to predict how long it'll take to sell your house, try listing during these times, competitively pricing your home and staging it for a quick sale.
How Do I Sell My House Fast?
Sometimes, you will need to sell your house fast. To try and sell your house fast follow the below tips and reap the rewards:
- Deep clean your home
- Stage your home and make it presentable
- Work on curb appeal
- Fix any minor repairs
- Perform market research and price your property accordingly! x
- Sell to Coveway Properties for cash!
What Is the Value of My Home?
To determine the exact value of your home, you should hire a professional appraiser. A professional appraiser uses specific metrics to determine the value of your home in relation to the market. Specific characteristics that go into the value of your home include: the location, condition, size of the house, any upgrades completed, local schools, crime in the area, or even the amenities of your neighborhood. An appraiser will consider every factor when presenting you with a value of your home, and can help you determine what a great competitive selling price for the property be. Having a house sold with an appraised value can help you sell your home fast.
How Much Does It Cost To Sell My House?
You can sell your house for as little or as much as you want - but it will vary depending on the effort you put into the sale. Successful sellers spend time making their homes look nice, and hire agents with marketing plans to sell their house. So, how much it costs is entirely up to you and how much you want to invest in both time and money.
Should I Make Repairs Before I Sell My House?
Most buyers do not want to purchase a house with significant repairs needed. Buyers want to see themselves enjoying their new home, not spending time and money replacing a roof. If you can make minor repairs quickly and efficiently, then it is recommended you do so before listing your home. However, if you want to sell your house as quickly as possible and avoid some of these costly repairs, consider selling your house for cash to Coveway Properties.
Should I Hire a Real Estate Agent?
A real estate agent can give you a leg up in the market and help you set a listing price, marketing plan and bring potential buyers to look at your house. However, a real estate agent will typically ask for a commission if they sell your house, and that price can be anywhere from 6%-7% the total cost of the sale. While they might help you sell your house and take care of the details and work - they are expensive and will cut into your overall profits.
Deciding whether you need the services of a real estate agent will ultimately depend on how comfortable you are with selling your house on your own.
Is the Cash Offer From a Buyer Legitimate?
If a potential buyer comes in with a cash offer, you may wonder if they are legitimate or not. To verify that your buyer is serious you there are some steps you can take. If your buyer is a real estate investor or a business, you can locate them via their website, business cards, and other public search methods. If they're not a legitimate business, they will rarely have profiles on business tracking websites, and links or phone numbers don't work. For a private buyer, you can ask them for documents such as ID and run credit checks before you make the sale.
Regardless of the buyer, if someone is purchasing your house with cash, they need to provide proof that they have the funds they say they do. This is to ensure they can pay the money they owe for the purchase of your house and to create a level of security for your purchase. Using a California based escrow company to assist with the transaction will give you peace of mind that the person, either business or private is legitimate.
When Should I Bring In an Inspector?
There are two opportunities to bring an inspector into your home for the house selling process. The first is at the beginning of the selling process, where an inspector does a full sweep of the property and helps you pick out any potential problems within the home pre-sale. The second is when a buyer offers for your home, and the house will need to be inspected before a mortgage company or buyers sign off on a sale.
What Can I Do if My House Isn't Selling?
There could be many reasons your house isn't selling. From market saturation to bad photos online - there can be any number of reasons you have not sold. When selling your home, try to follow the above questions to ensure you have a smooth process. Price competitively, take good pictures, market to sell and fix up your property. Fix anything that is glaring and create a home that you are sure buyers could see themselves living in.
If you need cash fast or your house still is not selling, reach out to Coveway Properties to buy your house for cash - fast. Coveway Properties buys houses fast for cash, regardless of the season. To learn more about the process and the company, look at the about page or read tesimonials from Bay Area residents that have sold their homes to Coveway. Give Coveway Properties a call today at (925) 667-5395.
"What a relief to have found Coveway Properties! My husband and I have been struggling with what to do with this home for years. Every time we had a game plan to fix up the home to sell it, one of us was getting sick or recovering from surgery. Mike was so understanding and worked with us remotely to get the home sold. We are so grateful for his help!"
SUE | CONCORD, CA.
