Need To Sell Your House Fast?

For whatever reason, many homeowners need to sell their homes as quickly as possible. If that describes you and you need to sell your house fast and you don’t want to hand over a huge chunk of your equity to an iBuyer or investor, read on.

Sell My Home Fast With A Pre-sale Home Inspection

Home Inspector checking vents in living area When we looked at the common obstacles along the way to be able to sell your house fast and closing your home sale in a timely manner, several steps loomed large. The home inspection was usually the largest obstacle.

The buyer is going to hire a home inspector shortly after you accept their offer to purchase your home to inspect its condition. A couple days later they are going to get a lengthy report of all the items the inspector has found. We have yet to see a report that didn’t have items, some minor, that needed to be addressed.

Some problems, such as those that can impact health and safety, will need to be repaired. Even if the buyer doesn’t request it, the lender may, especially if the buyer is using an FHA or VA-backed loan to purchase the home.

Depending on the scope of the work, this can significantly slow down your plans to sell your house fast.

Fixing items before putting the home on the market is a smart move if you need to sell your house fast. It also shows potential buyers that you’re dealing in good faith.

Your buyer will likely order his or her own inspection so keep in mind that all issues in your report will need to be disclosed to potential buyers.

Ridding the sale process of the biggest stumbling block is the best way to ensure you sell your house fast.

Ensure You Have Clear Title For A Quick House Sale

The buyer will obtain title insurance, shortly after you’ve accepted the offer to purchase. The attorney or title company will make sure there are no liens against the property and that you are the rightful owner of the property. They will also search to see if anyone else may have a claim to your house. Issues found in the title search can make it hard to sell your house fast.

Home sellers are often surprised to learn that there’s a cloud, which is a problem they have discovered in the title search, but it is a common occurrence.

The most common cloud is a lien against the property and many homeowners aren’t even aware of it. Either it was placed so long ago that they forgot it was there or it may be so new that he or she isn’t yet aware of it.

Be proactive if you suspect that there may be a cloud on the home’s title and you need to sell your house fast. A trip to the county recorder’s office is often all it takes. Otherwise, you can order an official title search from a title company. While the fee varies, it typically starts at around $200.

If a lien shows up on the title report, you’ll be responsible for clearing it. You can dispute it, but this is a court procedure that takes time. Paying the amount owed is the quickest way to clean up the property’s title especially if you want to sell your house fast.

But liens aren’t the only problem that may show up on a title report. Some of the more common title defects include:

Clerical errors
Encroachments and easements
Fraud
Improperly probated wills
Unreleased deeds of trust
Disputes over property boundaries
Marital status falsely reported
Forgery
Unknown heirs

Some of these are quick fixes. Others, such as clerical errors take substantially longer.

Avoid this source of major slowdowns in the sale process if you need to sell your house fast, by checking your title before putting the home on the market.

Sell Your Property Fast

house with sold sign in front Don’t play games with your homes pricing if you intend to sell your house fast. Quite a few problems are related to mortgages and appraisal issues.

The lender will send a property appraiser to the home to determine the value, unless the buyer is paying in cash and not using a lender for financing.

Much of the time, the appraiser’s evaluation meets the price agreed upon. Sometimes, however, it doesn’t, and negotiations reopen.

There are several ways to work around an appraisal problem but most of them take time. You want to sell your house fast, not have delays like these.

Avoid appraisal problems by understanding how market value for a home is determined, hire a listing agent experienced in determining fair market value to be able to sell your house fast and avoid the temptation to overprice the home.

We are happy to answer any questions you may have on how to sell your house fast and still get top dollar. Get your home value analysis here.