Tracy is a great place to buy a home and raise a family, but when it comes to selling a house there, the market can prove just as complex as anywhere else in the country. How do you make sure your house sells as quickly as possible? Here are five tips on how to get your Tracy house sold fast.
Look For A Real Estate Agent
Real estate agents help thousands of motivated home sellers in Tracy everywhere, and they might be a good fit. Keep in mind, though, that the downside of working with one is that you never quite know if they’re the right one to get your house on and off the market quickly. While many real estate agents help homes to sell for more money, they can also falter and overprice or under-price your home, creating a long process that can be frustrating if you just need to get rid of your home quickly.
See If You Qualify For A Short Sale
If your house is still under a mortgage but you’re upside down in your payments or the value just doesn’t match up, sometimes lenders will allow you to sell the house for less than you owe, which is called a short sale. While they sound like a good thing, many sellers can’t qualify. In many cases, those who wish to short sell must be financially bankrupt, behind on their mortgage, and about to foreclose. In addition to that, short sales often take the longest out of all home sales, some taking as long as eight months.
Find a Cash Offer
There are many investors and companies that are happy to take a problem with your home off your hands for you. If you need to move quickly, this is one of the best routes to take. Most offer a fast way to close and a great price, but you’ll want to do your research so you get the best possible deal!
Invest in the For-Sale-By-Owner Route
If you’re looking for a cheap way to get rid of your house, this might be helpful- but if you need it gone fast, it might not be the best option. Houses sold by the owner typically lose up to half of the profit, and it will take longer to close. If your buyer isn’t particularly worried about closing on the house soon, that means that you won’t sell the house soon.
Attempt an Auction
Auctions are one of the fastest ways to sell your home, but they’re also a shot in the dark at what price you’ll get. Sellers are typically advised to set the starting price of their home at 10 to 15% under the average price, to hopefully be driven up by the sale- but that doesn’t always happen, and sellers can be stuck with debt on a house they don’t even own anymore.
If you’re looking to sell your Tracy home now, there are plenty of options out there. Just make sure you weigh the pros and cons and find the option that suits you best.