On the surface, moving house seems like a simple enough process.
It can’t be that hard to sell up and move on to somewhere new, right?
Wrong. Behind the scenes, there’s an insane amount of work going on. Not to mention the emotional stress and pressure that’s making you move in the first place. Maybe it’s a new job, or a relative has fallen ill, whatever the case, moving home can be a challenging time.
We get local Miami home sellers calling us or submitting their house info on this website every week saying:
The great thing is that we’re able to help a good number of those homeowners sell their houses quickly. This is because we’re actively buying homes in Miami Florida right now!
If you want to sell your Miami home fast…
Don’t Get Stressed. Get It Together.
Even though the market in Miami is relatively stable right now, everything can change in an instant. You’d be shocked to hear some of the horror stories we’ve discovered over the past couple of decades from Miami residents.
The last thing you want is to end up maintaining a vacant property for two years or longer. Even covering costs on an unoccupied home can add up. Unless you’ve got some serious savings lying around, you probably can’t afford to wait that long.
So, what should you do? What’s the best route to take when you’re relocating and need to sell your Miami Florida house fast?
Step #1┃Find out what your house is worth.
Finding out what price your house may sell for in the current market is the first step. To do this, you need to contact a reputable real estate agent or connect with us, Sunshine State Buyers. We can give you a no-cost, no-obligation valuation on your property.
Step #2┃Decide when you need to sell after relocating.
Now, this is crucial. We’ve seen professionals relocate out of state due to work. Their previous home ends up overlooked on the market for up to a year before they end up settling for a much lower sale price than they expected.
Decide now how fast you need to sell your home.
Make sure you take into consideration how long you can cover costs on two properties – doubled mortgage payments, insurance fees, and other expenses.
Step #3┃Find a reliable Real Estate Agent!
Don’t waste any time. Get started right now. Every month you keep finding excuses to postpone getting a handle on things, is another month of wasted finances.
If you don’t want to rely on a Real Estate Agent, consider getting in contact with us. We are a reputable local house buying service in Miami. We’d love to make you a fair all-cash offer on your property now.
Step #4┃Calculate the value of selling NOW VS. LATER
Everyone wants to sell their home for as much as possible. But one major thing that many homeowners forget to figure out is how much it will cost you to hold onto the property while you wait for a retail buyer.
The costs involved are listed below:
- The mortgage – if you’re still within the first ten years of payments, you’re just paying off the interest and hardly making a dent in the principal balance at all.
Let’s say you want to sell your house for $200,000.
- Mortgage payments = $1,200/mo
- Taxes = $200/mo
- Insurance = $100/mo
- Maintenance = $100/mo (garden, exterior, repairs etc.)
TOTAL = $1,600/mo (in “nonequity building” expenses).
If it takes you seven months to sell that house through a real estate agent for $200,000, you paid out $11,200 in DIRECT holding costs.
PLUS, you had to pay $12,000 in real estate agent fees (assuming 3% for the buyer’s agent and 3% for the seller’s agent).
This figure only represents your financial loss. It doesn’t account for your time, stress, and anxiety. For many homeowners, just thinking about their property left waiting on the market burning through their savings each month is enough to drive anyone a little crazy.
If that doesn’t phase you, just wait till you start contemplating what you could have spent that $23,200 on during those several months instead.
Now, this is where clever financing pays off. What if you sold your house next week? No strings attached. No hassle. Even if you sold for a discounted price below retail, let’s say… $175,000.
You’re still ahead of the game by selling your house NOW at a discount to a home buyer like our company versus SEVEN MONTHS later at full price. That’s seven months of paying holding costs and real estate agent fees. Grab a pen and paper right now and calculate an estimated cost for holding onto your actual property for several months. The result will shock you.
Step #5┃Take action!
Whatever your decision, get started now and take action. If you want to go down the real estate agent route, great! Find a reputable local Miami Florida agent.
If the idea of waiting months on end, covering doubled expenses, and paying real estate agent fees drives you a little crazy, then a viable option may be to sell your house to us!
If time and money are not a problem, AND you’ve got a stunning property, then testing the market by starting at a high price might be the ideal route for you. There’s always a chance someone might fall in love and be willing to spend that bit more – especially if they can envision the build as their dream family home.
So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t achieve your dream sale by pricing at the highest point.
Another option is to market your property for rent and sale at the same time, just to see what happens first. You have to maintain control over the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments, or conduct a short sale with a bank.
We at Sunshine State Buyers love helping people solve complicated problems. Creative solutions are the answer. By working together with us, we can help you bridge the gap between where you are where you want to be.
Who Are We?
How can we help you if you need to relocate in Miami?
We’re investors. We work hard every day to support our families and invest in the local area. We love Miami and want to help improve the region by buying houses from Miami homeowners who need to sell fast for any number of reasons.
We work with homeowners on a daily basis, including people who:
- Need to sell quickly – we can close in as little as seven days if that’s what your situation requires.
- Want a hassle-free solution that doesn’t involve listing a property with an agent.
- Don’t want to pay real estate agent fees.
- Are struggling to sell their house. If it’s not ‘market ready’, don’t worry. We buy houses in as-is condition. NO REPAIRS NEEDED.
- Simply need a bit of help and advice.
Get in touch. You’ll see that we’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
Or, if you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances, that risk can pay off.
But, we’re here and happy to help you find answers to your toughest questions about Miami real estate.