How to get cash out of a property for relocation or retirement
Why you should sell it for cash instead of listing with an agent?
Considering that the United States real estate market has improved consistently since the close of the Great Recession in 2009 (can you believe that’s over ten years ago), it’s likely that a market downturn is coming. Of course, we don’t know when that’s going to happen. We do know that it’s safe to say the Southern California real estate market is taking a hit right now due to the COVID-19 pandemic.
Not a single market will likely be free of the damages caused by the ongoing coronavirus concern, the entirety of the United States real estate market will face adverse outcomes.
Homes, which are owned by about two-thirds of all American adults, are already losing their market value. It’s almost certainly going to take a while for the market to rebound. Keep in mind that the real estate market hasn’t yet taken significant losses, though they’re on their way.
In order to prevent rapid asset depreciation, homeowners will be incentivized to sell their homes for cash as quickly as possible to relocate elsewhere, to invest, or to put back into retirement. This will be more common among older households, as they don’t have as much time to recoup their losses as younger homeowners.
So, how do you get cash out of land, buildings, or your home as-is? Let’s find out.
Benefits of selling your real estate property for cash
Did you know that the majority of young people think they’ll never be able to retire? This is true for most Americans who are currently getting close to retirement age. They simply can’t afford to not work.
With this in mind, shouldn’t you be as careful as possible in attempting to preserve the value of your assets?
Houses, buildings, and plots of land are three things you can’t bring with you when you move somewhere else. Even if you’d love to live in your current house in another state other than California, we all know doing so isn’t possible. Further, you might need to sell your house before moving in order to be able to afford the move.
Getting cash out of your property is highly recommended for such situations. Since most Americans aren’t exactly swimming in money, this recommendation will hold true for most people.
One of the worst things about renting, at least in the eyes of renters, is the idea that they’re essentially paying a mortgage every month in the form of rent, but those payments won’t ever materialize into anything of value.
Although renting can be superior to homeownership in some ways, the desire to have your home and land belong to you is essential for a significant number of Americans. After all, this is part of the American dream.
Real estate agents take a piece of the pie for their assistance with staging, listing, and providing you access to their existing networks of potential buyers. Although they know what they’re doing, they cost money that you very much need to be financially secure. This means it’s often a better idea to look elsewhere to sell your home or any other property.
Also, when you have a go at the real estate market, you stand the chance of spending money without selling your home, land, or other forms of real estate. This simply isn’t an option for many Americans, as they wouldn’t have any other means of recouping the loss. This is yet another reason why selling your home to businesses that buy homes, land, and other property for cash can be an ideal solution.
When compared to the process of selling a home with real estate agents on your side, selling your home for cash to buyers like us is a much more appealing option. You know what you’re getting when you work with companies that are willing to buy your home for cash.
You may have to take a discount compared to what you could potentially sell your house for if you sold it on the traditional market.
Home improvement, remodeling, and construction are areas where most American homeowners fall short, even though they’d like to think they’re skilled in all of these departments. Think of it this way, if you had a home improvement project you started, then later decided it was too much work and gave up on it, what would you do? You would need to hire someone to complete or fix the job. Rather than investing even more time and money into this project, wouldn’t it be easier and less stressful to sell your home to cash home buyers like us?
Without further ado, here’s how to do it
It’s clear you’re interested in quickly converting your property into cash with us. Our home buying process has six easy steps.
First, visit our website and check out our online application form. The short, basic form doesn’t require you to reveal any important, sensitive personal information like your social security number. You can also call our office directly at (800) 208-3243.
Next, we’ll have a discussion with you where we learn all we can about the location, condition, and value of your property. We don’t typically ask people to provide us official house and property documents, such as land surveying maps or related information. We’ll take care of all that and consult appropriate local and state government agencies to learn more about your property if needed.
Third, after performing a market analysis, creating market sale price forecasts, and developing what strategies we’d employ to ultimately sell your home, we reach back out to you and discuss what we’d be interested in. At this point we will schedule a day and time to meet with you at your home.
In the fourth step, we will do an on-location inspection. After the quick inspection we will be able to provide you with an as-is offer to buy your house for cash. Remember, when we do come to visit your property, and it doesn’t matter how far away it is from us, you’re not obligated to sell your home if you change your mind for any reason whatsoever. You also won’t owe us any money for inspection or service fees.
After we confirm the current condition of your property, the ball will be in your court. One of the best things about working with us is that you won’t be pressured to make any life-changing decisions by a deadline. Instead, since we understand that selling your home is a monumental decision for you and your family, we give you as much time as you need.
Sixth, if you agree on our offer, we’ll arrange paperwork and cash transaction. The entire process usually doesn’t take much longer than two weeks. We cover all closing costs, unlike real estate agents and many of our competitors. You won’t be surprised with any undisclosed costs or hidden fees, either – we promise you that.
The price we quote you will be the amount you find in your bank account. We always use secure real estate transaction escrows that are operated by trusted, independent, third-party financial institutions to keep you protected. This protects you in the event the sale doesn’t go through for some reason. You’ll end up still retaining ownership of your property.
If you’re ready to take advantage of our speedy cash home buying services, visit us online or reach out to us as soon as possible. We can’t wait to do business with you and help you reach your goals, whether that be retirement, relocation, or something entirely different.