SELL HOUSE FOR CASH (NY)
Process is simple. You have a house or a property. You need cash and are willing to sell your house to get cash. There are 3 popular ways you can do this effectively and below we break down the pros/cons of each. If you have any questions, please don't hesitate to shoot us a message below!
FSBO
For Sale By Owner. This means you, as the property owner, are going to gather materials and execute a marketing plan to expose and show your property to buyers with the intent to collect an offer that makes sense for both parties. This will require the most time and effort as the property owner, but can be an effective way to net the highest return if exposed properly. If you already know people interested, a lot of times you can skip the marketing part and go straight to contracts. In any case of selling property, it is important to consult an attorney, as they will be handling the legal aspect of transacting real estate.
Realtor
Hire a real estate professional, or Realtor, to gather materials and execute a marketing plan to expose and show your property to buyers with the intent to collect as many offers as possible. This will require a little time and effort as the property owner to work around showings, but should give you the most effective return if executed correctly! Cash can be acquired for your property anywhere from 1-3 months depending on what type of financing contingencies are in place or if inspections are required. Reach out to see how much your property could possibly sell for when you hire a Realtor!
Investor
An investor makes it their business to buy and sell real estate. Some buy and hold them as rentals. Some buy them and update them for the next buyer. When you sell to an investor, the time and effort required on the part of the property owner is minimal, as cash can be acquired in as little as 2 weeks - 1 month, in as-is condition, with no fees or closing costs. The amount of work the property requires typically depends on how much cash you can expect in the end. Investors buy good/bad condition, residential/commercial, single/multifamily buildings and any variation of those! Reach out to find out how quickly you can get cash for your property!
Basic Steps to Selling Your House or Property
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Motivation/Why Selling?
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Price - According to Market Conditions, Not Uncle Jeff.
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Gather Marketing Materials to Show Off Property.
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Distribute Marketing Materials for Exposure.
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Show the Property to Collect Offers.
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Interpret/Accept Offer and Attorney Review.
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Inspections (structural, mold, well, septic, radon, etc.).
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Mortgage/Appraisal.
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Title.
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Closing - Funds Distributed, Sold House for Cash!