By doing this, you will not only profit by improving your credit rating but also get extra money into your account. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time, and you can use the extra cash from your sale in other projects. Avoiding Foreclosure will let you start off on a clean slate with a new beginning in life. However, you have to study the prevailing market conditions in your specific area and neighborhood. That is, find out factors that are likely to influence the value of your home… before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating. Multiple forclosed properties in the your local area will lower the value of property also.
Buy My House for Cash in Philadelphia, Pa: The Plan
The first step that you need to take in order to sell your Philadelphia house fast to someone else with a “buy my Philadelphia, Pa house for cash” mentality, is to come up with a game plan.
Your real estate agent should help you come up with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of such properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.
1. How fast do you need to sell?
This is one of the most important first decisions you need to make… because this really dictates what options you really have. If you have more time… you have more options open to you.
If you have less time… your options are a bit fewer… but you still have great options out there.
If you need to sell in less than 2 months (or even less time than that), you likely don’t have the time to list your house with an agent. This can be a long and drawn out process. You’ll likely have to try to sell the house yourself as a “For Sale By Owner” (if you know how to) or sell your house to a local professional house buyer like TriState-Properties (or you can call us at 267-703-9956 and we can make you a fast-fair all-cash offer on your Philadelphia area house).
2. How much do you need to sell your Philadelphia house for?
Note that above it says “how much do you need” to sell for. If you would like to sell your house for full retail… but you have to sell your house fast and can’t afford to list it with a real estate agent… determine what you need to get out of your house sale.
That’ll help guide you to your true options for selling.
If the price you “need” to get doesn’t leave room for a real estate agents commission… you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like us… to see if that gets you closer to where you need to end up.
On the flip side… if you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price… list your house on the MLS. If you don’t have the time… consider talking to us for a fast cash offer on your house (we can make you an offer in less than 24 hours and close in as little as 7 days if you need to, with all cash).
3. Look into your options and take action!
Like I mentioned above, if you’re looking for someone who can say “yes”! when you ask them to “buy my Philadelphia, Pa house for cash”… the main things you need to determine yourself are:
- How fast you NEED to sell
- How much you NEED to get out of the sale
Once you know those answers… look at your options below as a quick guide to help you decide which options may work for you with your local Philadelphia house sale.
- Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale. If so, going with an agent will likely get you your highest price on your property. You will be subject to an Inspection and some possible repairs being needed to close on the property. Factor this possibility into your budget if you have one. Last minute suggested repairs can be a headache and cause added stress in the middle of negotiations. Make sure your Real etate Agent is good at negotiating terms and has a proven track record of success in your local market.
- Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Philadelphia, Pa or any surrounding area house in as little as 7 days. We won’t be able to pay full-retail on your house… but we don’t charge any fees at all. We pay all closing costs and transfer taxes. What we offer you is what we pay you. We also take care of the Clean out, take what you want and leave the rest behing for us to handle. If you value your time and a quick sale more than making a few extra bucks 6 months from now… call us today at 267-703-9956 or click the link below to fill out our online fast offer form.
- For Sale By Owner: If you can wait 3-6 months or even up to a year to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself. Which may never happen. A For Sale by Owner sale can take forever as well and come with a lot of Headaches.
- Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing foreclosure… your first step may be to talk to your bank to see if they have any mortgage relief programs. Some banks offer assistance or can at least guide you in a direction to lessen the burden. Be persistent and make sure you ask many questions as well as go over all your options such as mortgage modifications. Always read the fine print as well when agreeing to a change in mortgage terms. These changes can put you in a worse position than you were initially. Be careful. There goal is to keep you paying the mortgage with interest on top of it for a 15-30 year period. This is how Banks and Mortgage Lenders make there money Long term.
We can help you strategize how to sell your Philadelphia, Pa house fast. Give us a call at 267-703-9956 for help selling your house fast, or fill out our form to see if your property qualifies for a fast, fair all-cash offer.
There are several reasons why you may be thinking “buy my Philadelphia, Pa house for cash – please let it be that simple” (and it can be). Regardless of your reasons, you need to prepare your house for sale just as you would any other product. A thoughtful preparation WILL turn your home into an attractive option for buyers. Doing it this way, you can sell your house fast and get top dollars. We are Philadelphia’s #1 Local and Trusted Cash Homebuyer!! Fill out a Form and we’ll be sure to contact you as soon as possible. We pride ourselves in providing Win-Win solutions in each every transaction.