There are several ways you can sell a house for cash, including the traditional real estate agencies. But usually, the process is a long one, and if time is a luxury you can’t afford, then we recommend using other routes to sell your house fast for cash. By now, you must be wondering what other quick ways are there to sell a house for cash? Worry not, as we will be exploring these options below.
Ways to Sell My House Fast
There are quite a few different options available to you when you say, “I want to sell my house for cash.” These options include selling to traditional estate agencies, real estate investors, listing for a cash sale on listing websites like Zillow, FSBO, hiring agents, and using Cash for Home companies. But when what you say is along the lines of “I want not only to sell my house for cash, but also need to sell my house fast,” then your options get limited.
Your best options for a fast cash house sale include cash-for-home companies and, to an extent, FSBO.
What is FSBO?
FSBO (for sale by owner) is when a seller directly sells the house by themselves without involving another party or service. Normally, this type of sale takes time as listing on a website and waiting for an offer is in itself a long procedure. Add in the inexperience of the seller, and all the steps involved take a lot of time to close the sale.
But if you have a friend, a relative, or someone that you know, who wants to purchase your house for cash, then FSBO can be a reliable way of doing it.
Cash for Home Companies
If you are asking, “what is the best way for me to sell my house fast?” cash-for-home companies is the most common answer you will get to that query. That is because these companies will buy your home for cash the fastest way possible.
Cash buyers usually purchase houses as-is, so if you want to sell your house as-is, then this is another reason for you to approach a cash-for-home company. Moreover, as they are purchasing your house as-is, it means that there are no inspections or appraisals. No mortgage and no loan means months of sale processing time cut down to weeks or even days. Compared to the minimum closing time of 30-45 days of a traditional sale, a reputable cash buyer can close within 7 days. In addition to closing so quickly, another benefit you get for opting for a cash home buyer is that you will save on any agents’ fee that you would normally have to pay. They will take care of all the procedures, including paperwork and house staging, so it is a pretty hassle-free option as well.
Now that we have elaborated on the advantages, it must be your decision whether these benefits outweigh the relatively low cash offer you will get for your house.
How do I get fast cash for my house?
Let’s face it: life is expensive. And if you’re just starting out, it can be even more expensive than you think. But don’t let that discourage you from pursuing your dreams! There are lots of different ways to get fast cash for your house, and here are some of the best ones.
- Sell Your Stuff
If you have stuff lying around that’s not necessary, or if you’ve recently moved into a new place and need to pay off your old rent or mortgage, selling it may be the perfect solution. Just make sure to schedule a yard sale early on in the process and advertise locally so that people know about it. You could also use this opportunity as an opportunity to begin saving up money for something bigger—like a car!
- Sell Your Car/Boats/Trucks/etc
You can also sell any vehicles that you’ve recently purchased by selling them on Craigslist, eBay or other similar sites. If you’re looking for something bigger (like a boat), consider renting one out instead of buying one outright because it’ll save you money over time because there won’t be upkeep costs associated with owning a boat