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If you are like a lot of people, the economic situation is making it tough to meet monthly financial payments. Maybe you’ve been thinking about how taking some  equity out of your house could help with debt or other cash shortfalls, only to find that refinancing or a home equity loan are unavailable due to tight loan qualifying requirements.

 

Many people in a house rich and cash poor situation are turning to an alternative that not only frees up equity, but also reduces monthly overhead and increases cash flow. The solution is sell your house. But to minimize the time and expenses involved with listing your house with a realtor, an easy alternative is to sell your house for cash fast.

 

If you think about it, it makes a lot of sense. Why should you continue to sit on cash money that isn’t helping your financial situation today that could be leveraged and make your life so much easier? And, the transaction is easier than you may think. In the end, people who have taken the opportunity to sell their home are finding that it was just what they needed to give themselves a fresh start. Here’s what people who sold their house for cash are doing now.

 

Downsizing

Just one example of turning the page and starting fresh, a couple in Phoenix, AZ sold their house and downsized to a condominium in Scottsdale. After making the move, they cited numerous advantages realized by making the change.

 

1) They own their condominium free and clear, without the pressure of a monthly mortgage.

2) Modest homeowners association fees cover the expense of water, trash, landscaping, pool maintenance and most building insurance costs which lowered monthly bills considerably.

3) Their home is centrally located to hiking trails, shops, restaurants and theaters making social activity much more convenient.

4) Because the property’s facilities include a workout room, pool and recreation room, they no longer pay for gym memberships.

5) They extra cash from the sale of their home was used to pay off credit card debt and now they are living a debt-free life.

 

Relocating

Another couple from Portland, OR chose, as many others have done, to relocate to an area that offered more advantages to their career and lifestyle. They picked a location that had a dryer, warmer climate, a lower cost of living, less property and income taxes, a healthy employment rate and the types of outdoor activities that they were looking for. Now they are enjoying the benefits of career advancement and an active healthy lifestyle.

 

Continued Education and Skills Training

A number of people who felt that their job skills were falling behind employer demands, but couldn’t afford to enroll in educational or skills development classes,  took advantage of the cash they received from selling their house to go back to school to improve their employment opportunities. As a result, they are enjoying higher salaries and an improved lifestyle.

 

Selling your house for cash can be a way to get out of the rut that keeps putting you farther and farther behind the economic curve. Cash for homes can be accomplished quickly and without the need to share profits through commissions. It’s one way that many are reinventing themselves and improving their lifestyles.

 

Are you house rich and cash poor?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.

If you haven’t been paying attention to the housing market lately, you may be in for a surprise to learn that your home equity may be taking a hit for the worse soon.

A look at market conditions will indicate that the time to sell your home is now. In this post, we review the top 3 reasons to cash out and protect your equity now.

The Housing Recovery has Run its Course

It’s been a long, slow climb, but the housing market has just about returned to the pre-bubble days. It took years, so it sort of crept up on everybody without a lot of fanfare, but it is time to take notice, read the tealeaves and smell the roses! Waiting to sell a house can mean the difference between maximizing your equity profit or losing money.

New Home Sales are Outpacing Re-Sales

Real estate money is being invested in new homes. Since the real estate meltdown, the trend is for people to buy what they want now with the intention of staying in there home longer than in the past. This trend is fueling new home purchases at the expense of resale value. If you want to sell a Phoenix home, a market that has plenty of land for new home development, consider a decision to sell your home now as a safeguard against declining demand for a re-sale.

Home Prices are Beginning to Soften

We are starting to see the beginnings of a trend in price declines in the real estate re-sale market. As this trend picks up, it will only diminish the equity you have in your home. Waiting to sell a home in Portland, OR, for example, can result in a loss of equity and a loss of net value. Can you afford to take another financial hit after recovering from the last market crash?

There are many reasons that make good financial sense when deciding when to sell a home. Whether you want to relocate to a better school district or job market, are ready to downsize, or want to have a more secure retirement, following the rule of investing—maximizing your equity—and cashing out at the right time will be one of the most important decisions you ever make.

One good way to beat the market trends is to consider a fast house sale. You can sell your home fast, cut through a lot of red tape, avoid broker and agent fees and make even more money on the sales of your property.

Liquidating quickly minimizes additional expenditures and time on the market. Even an “as is” house sale makes sense because you don’t have to invest in upgrades or renovations, and you put money in your pocket faster.

If you want to maximize your equity investment and stay ahead of the current real estate market trends, now is the time to sell your home.

When do you think is the best time to sell your home?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.

When you have an opportunity to sell your house for cash in today’s market, it is best to give it serious consideration.

 

A number of factors are adding up to “Sell my house for cash now.” We’ve listed them in this blog, so that you can find the right alternative that will allow you to unload your property at its peak value and profit now before it is too late.

 

A Tight Lending Environment

Lenders have done a complete about face since the mortgage market blew up with the subprime lending scandals. What was once seemingly free money is now all but impossible to acquire through a mortgage application. Mortgage banks are still reeling from the fallout over the housing crisis. Those that are still in business are very reluctant to loan money to anyone. Without the ability to qualify for a mortgage, the supply of buyers in drying up.

 

Low-Ball Appraisals

If banks are leery, appraisers are downright paranoid. Appraisers, who took a lot of heat for their part in the subprime crisis by overvaluing homes are now undervaluing homes. As a result, if you want to sell your house to a buyer with a bank loan, you’re going to have to sell it for less than it is really worth.

 

New Regulations

The government backlash in regulations following the subprime lending disaster have gone into effect for 2014 and they bring new rules that make it harder for buyers to qualify for a loan. Income-to-loan ratios, employment history requirements and higher down payment requirements are pushing many would-be buyers out of the market. First time buyers, people who have experienced time unemployed and retirees on a limited income all face new hurdles when attempting to qualify for a mortgage loan.

 

Cash Buyers are Becoming Hard to Find

Remember when, not too long ago, most of the home purchases were all cash deals? Well, that number is down dramatically. With housing prices returning to normal, the big spenders have turned to other investment opportunities.

 

All of the above factors point to one big problem if you want to sell your house—it’s going to be difficult. Reluctant banks, low-ball appraisals, a lack of interest from real estate investors and tight government regulations add up to a diminishing pool of buyers, decreased demand and downward pressure on the price at which you can sell your home.

 

The good news is that we buy homes for cash. We’re not fickle investors who have turned to other markets now that real estate has become less lucrative. We specialize in real estate and are in the game for the long term. Individuals seeking to sell a house can turn to us for a fast sell without the headaches associated with bank qualifications, iffy appraisals and government scrutiny.

 

In a tough real estate market, selling your house for cash to the right source may be your best option.

 

Do you want to sell your house fast?

 

Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property.