A house sale's speed will depend on a number of factors, the biggest of which is the state of the property market. External factors, such as the economy and political events, can also affect the speed of the sale. If you are selling your property during a divorce, or for any other reason, there are a few tips you can follow to make the process go as smoothly as possible. Click here for Del Aria Investments and Holdings.
Selling during a divorce
The process of selling a home during a divorce can be complicated. While a real estate agent will do most of the work, it can take a long time. However, if you have enough experience in the real estate industry, the process can go much faster.
The first step is determining what your house is worth. A real estate agent or an appraiser can give you an estimate. However, you can also make a good faith estimate of the worth of your property based on recent sales in your neighborhood. The value will depend on the condition of the house, the number of bedrooms, square footage, and location.
If the sale of your home is disputed, you should hire an attorney to handle the process. The attorney will be able to help you reach an equitable settlement. If your house needs repairs, you might want to make them before selling it. This can take a long time, and could result in a large portion of the proceeds going to your ex.
Although it may be tempting to sell your house while your divorce is ongoing, this will most likely cause problems. If you sell during a divorce, it's best to make sure that both of you agree on the sale. If one partner refuses to sell the house, it could torpedo a promising offer. This may happen for financial or emotional reasons.
Selling to an iBuyer
Selling your home to an iBuyer can be fast and convenient. The iBuyer will purchase your home for cash, and then resell it to prospective buyers. This means that you can get a cash offer without spending days or weeks trying to find a buyer. You can also customize the closing date to fit your needs.
The iBuyer will usually contact you within 24 hours and provide you with a cash offer. The offer will also include a breakdown of all fees. You'll have a representative contact you to go over the details of the offer and to schedule an assessment of your home. If you accept the offer, your house will be sold within a couple of days.
There are numerous iBuyer companies out there. The most popular is Opendoor, which started in 2013. Other companies soon followed. These companies have algorithms that only purchase homes that need minimal work or repairs. They also focus on homes that have similar prices and are in good condition.
Another advantage of selling your house to an iBuyer is the lower cost of the transaction. While you don't get the full value of your home, you won't have to spend as much money on commissions or other fees. The iBuyer's fee is usually between six and eight percent. The amount can vary depending on the time it takes to sell the home.
Selling to a traditional buyer
The problem with selling a home to a traditional buyer is that this process has been slow to evolve and is still dominated by legalities and complexities. There are other, faster ways to sell a house for cash, however. Some people turn to online home buyers like OfferPad or OpenDoor, who can help them sell their homes for a quick profit. These services can be a good option for many home sellers, but you need to keep in mind that you are not guaranteed to get top dollar for your home.
An iBuyer sale can be completed in as little as two weeks and is a good option for sellers who want to sell a homes faster and for a set price. Unlike a traditional buyer, these online buyers do not require you to pay a fee to list your home, and they usually respond within 24 hours. However, you should keep in mind that these companies are not a good option for sellers with homes in bad condition.
Another option is to list your home on the open market or list it with a top real estate agent. A home trade-in service may also be a good option. And if you don't want to work with an agent, you can also choose to use a cash buyer company. These companies are also called house flippers. They can buy a home regardless of condition and will often pay the least amount. Often, they can offer you 50% or more of your home's after-repair value.