Needing to sell fast can happen for all kinds of reasons: divorce, job layoff, financial difficulties, or relocation. Whatever the reason you need to sell fast for cash, don’t panic!
Sunshine State Buyers Can help!
The first step is to realize that you need to market your house to people who can actually purchase you Miami property for cash. Before you make any rash decisions, have a look at this article below to see how it works.
Generally, people buying a house for cash will want some kind of guarantee that a purchase-and-sale agreement has been drawn up. Next, chances are they will conduct a title search to check the title is clear, with no liens or other encumbrances. Then, they will want to know the sort of deed you’re planning to offer, for instance, quit claim, warranty, or special warranty.
Once all these things are in order, the cash buyer will make an offer. A cash buyer will feel they have more bargaining power since the sale doesn’t depend on a third-party loan which can take a while before it’s approved. But, don’t be pushed into a deal your not happy with. You can always make a counteroffer if the initial offer isn’t close to what you had in mind.
If the offer is accepted, the buyer will want an inspection and possibly an appraisal carried out. This is to ensure they are no major issues with the build and will reassure the buyer that they’re getting their money’s worth.
Since this is a cash deal, you and the buyer can choose a closing date that is convenient for both of you. Typically a cash deal closing date is much sooner than a traditional sale which is another added bonus. You simply show up at a notary’s office with pen and cashier’s check in hand.
Things to look out for!
At the end of the day, it all comes down to price and value for money. If the price is right, you’ll sell quickly in Miami.
But if the price is too high, buyers might not even look twice at your listing. Even if you set your price considerably lower thinking it’ll grab attention, buyers could end up thinking something is wrong with the house.
That’s why it’s worth checking out comparable house values in the area and price accordingly.
Curb appeal is your house as seen from the street. That initial first glance as they pull up the driveway will create a lasting impression that stays with buyers as they view your home.
So sprucing up the yard and the house’s exterior are definitely worth the time and expense involved. Plus, it’s not really that much work. You can tidy up the yard, repair the roof a little, clean the windows and doors in less than a week if you put your mind to it.
When buyers are on the fence, it’s smart to sweeten the deal with anything that will get them jumping off the fence and closing the deal.
The tried-and-true principle of reciprocity tells us time and time again that people will give more (sale price) if they get something in return (the deal sweeteners).
For instance, you could offer to pay a part of or all of the closing costs. Perhaps you could even provide a transferable home warranty, which would cover major appliances and/or the HVAC systems. Regardless, if you can sweeten the deal in a way that both secures the sale and works in your favor, do it.
If you want to sell FAST and need someone to buy your house in CASH, these tips and steps will help you close a cash deal.