How to Sell Your House Quickly When You Need to Relocate
Of all the reasons you may need to relocate quickly, most are work-related relocations. Sometimes you are given a promotion at work that would necessitate you moving to a new city or even a new country or continent. Other reasons for quick relocation might be that you are getting married to someone in another area and have chosen to live there instead of where you currently reside.
Other times you simply need a change of scenery and you need that change now or you’ll go stark raving mad. For whatever reason, there is an art to selling houses quickly but that doesn’t mean that you’ll get the quick results you are after. Here are a few thoughts on selling your house quickly so that you can get on with the move.
Research the Current Housing Market
If you need to relocate quickly, the one thing you may want to research is the current housing market in the UK as well as in your little corner of the world with someone like conveyonline. Someareas have better turnover rates than others and if you are in a sluggish market area, you may want to either drastically reduce the asking price or be prepared to wait it out. Since you don’t have time to do that, dropping the price may be your only option.
Can You Afford to Leave It Vacant Until It Sells?
Maybe you don’t need the money to make the move but can you afford to leave that house vacant until it sells? Remember, you will still need to pay the cost of seasonal upkeep if you ever hope to sell your house. Is it really worth it to leave it sitting a year or more on the market because it isn’t selling as quickly as you’d like? While the average time a home stays on the market in the UK is about 96 days, that doesn’t mean it will only take three months to sell your home. Other factors must be considered such as the economy, the price you’ve listed your home at, and other factors such as lenders unwilling to underwrite risky new mortgage loans.
Sell Your House “As Is”
Perhaps your best option when you need to sell your house quickly in order to relocate is to sell it “as is.” Unfortunately, in today’s market, few private buyers are willing to buy homes being sold “as is” when they realise all the repairs they may need to make. If your home needs major repairs, you might need to be prepared to accept an offer much lower than the current market value, or you may be asked to make those repairs.
The best alternative is to always leave yourself enough time to sell your home before relocating but most of the time that is not an option. You may not always get what you want, but a property buying investment team may be the fastest way to rid yourself of something weighing you down when the move is imminent. Is it really worth losing that chance at career advancement because you can’t afford to leave without selling your home? That’s your biggest concern.