–>buy my New Jersey house for cash.
Picture this, you have a house in New Jersey and it’s facing foreclosure but you want to try your best to avoid it. Or, let’s say you just need to sell your New Jersey house as quick as possible for some other reason like the house you’ve inherited the house that needs repairs, or maybe you’re relocating….your agent can’t sell it… there are endless reasons why you might need to sell. There’s an option that you might still want to consider, “What if I can find someone to buy my New Jersey house for cash?” …Now you’re on the right track!
The next thing that might cross your mind is “What will I gain from finding someone to buy my New Jersey house for cash?” Well, asides the fact that you get extra money in your account, you also improve your credit score rating, which is an important aspect of your financial life. Since you would be able to settle your debts in time, your credit score remains untainted, and the extra cash from your sale can be redirected into other important projects.
Notwithstanding, for this to be a success, you need to study the prevailing market conditions well; find out the factors that are probably going to influence the value of your house before you decide to sell it. Don’t forget, if your house is facing foreclosure you will not only lose your property but also your credit rating, and you don’t want that, do you?
What’s the plan for someone with a “buy my New Jersey house for cash” mindset?
So, do you have a “buy my New Jersey house for cash” mentality and you want to sell your house fast? Then the first thing you need to do is to come up with a game plan.
Don’t worry, coming up with a plan isn’t as hard as it might seem because your agent can easily help you with it. Make sure you and your lender go into a negotiation while you contact an agent with vast knowledge of the sale of your kind of property in your area. Also, the agent should have the latest report on the value of properties in order to assist you in quoting the right price for your house.
Now you’ve realized you have the “buy my New Jersey house for cash” mindset, how do you go from there? Here are the 2 questions you need to ask yourself:
First, How Fast Do You Need to Sell?
As someone with a “buy my New Jersey house for cash” mindset, this is one of the most important decisions you need to make first. Why? The amount of time you have to sell your house would dictate what options are on the table for you to consider. With more time, you have more options open to you, and if you have less time, the fewer your options. However, there are still a number of great options you can consider even in less time.
Take this as an example; you need to sell your house in 2 months, or even in less time than that, and you don’t have the time to go with listing your house with an agent. If you want to, you’ll likely have to try to sell your house by yourself or sell it to a professional house buyer near you like Savannah Properties.
Now, How Much Do You Need To Sell Your New Jersey House For?
You read that correctly! It says “how much do you NEED to sell for” and not “how much do you WANT for”. These are two different things, and if you would like to sell your house for full retail but still have to sell it fast without having to list it with an agent, then you need to determine the amount you need to get out of selling the house. This will guide you in knowing your true options for selling.
After determining the price you need to value your house and if you realize it doesn’t leave room for a real estate agent’s commission, then you may need to consider selling your house FSBO which is where the “buy my New Jersey house for cash” mindset comes in. Or, you can also consider getting an offer from a local real estate house buying company like Savannah Properties to see if that’s what you need to get to where you are headed.
On the other hand, if you are looking for a near full-retail value and you have the patience to wait for a retail buyer to come along who can pay that price, you can list your house on a Multiple Listing Service (MLS). If you are not that patient, you can contact a real estate company like Savannah Properties that can make you an offer in less than 24 hours and close in as little as 7 days if you need to. The best part is, this is done with cash.
Look Into All Your Options and Pick the Right One
Just like you must have read already if you’re looking for someone to say a definite “yes!” to your “Will you buy my New Jersey house for cash?” then you need to first ask yourself how fast you need to sell and how much you need to sell for.
Once you’ve been able to answers those two important questions, you can then consider the options out on the table for you. Some of these options include:
- A Real Estate Agent: Can you wait 3-6 months to sell? Can you afford the 3-6% in commissions on the sale? Then going with an agent will most likely get you the highest value on your house.
- A Local Real Estate Investor or House Buyer: Do you need to sell fast and don’t really consider getting paid the full-retail on your house? A house buyer like Savannah Properties can buy your New Jersey house in as little as 7 days without charging any fees at all, and you get paid what you are offered.
- For Sale By Owner: Can you wait 3-6 months to sell but can’t afford the 3-6% in commissions for an agent? Then you can try selling it yourself.
- Talk to the Bank: Is your mortgage literally “underwater” or you are close to foreclosure? Then your first step should be to talk to your bank and make inquiries about any of their mortgage relief programs. If they can’t offer assistance, they can at least guide you on how to lessen the burden.