Do you want to sell your home in Northern Kentucky? If so, we want to share some possible alternatives to a listing. Many people aren’t aware of the options that are often available! Check out our latest post to learn more about what is available for you! Selling your house can be a daunting task. The process of listing your home isn’t always as simple as it seems. There are repairs to make, cleaning to maintain, open houses, showings, bills, and other hurdles to clear all while you are trying to move! There are alternatives to listing your home that can work much more efficiently in some situations. Consider some of these alternatives to listing when you are ready to sell your Northern Kentucky house!
Rent To Own
Setting up your house in a rent-to-own structure is a great way to get the property in front of many more potential buyers. It is also a way to guarantee you will get full retail value for the home, sometimes more. There are MANY people out there looking to buy a home, but they fail to qualify for a traditional mortgage because of a minor blemish on their credit from years ago, they are short on a down payment or they have another mortgage on a different property.
These are great people, who will be likely to pay a higher than average rent in exchange for the chance at homeownership. To get started, the buyer will pay you an agreed-upon “lump-sum payment up-front. This acts as a deposit should they fail to hold up their end of the deal. The buyer will also pay you a higher than average rent, with a portion of the rent going toward their down-payment.
At the end of a year or two, the buyer must purchase the home outright. There are many ways you can set this up. Choose the terms that work for you!
Hold As a Rental Property
Have you ever pictured yourself as a landlord? In some situations, it can be a lot of work. While other times, and with careful screening, you can find great, low-maintenance tenants. Many people who aren’t able to sell the traditional way, will instead opt to rent their home out.
If it seems like too much work, you can always hire a property management company to help you with routine maintenance and rent collection. Many people find owning a rental property is an excellent way to secure extra income.
Selling to A Direct Buyer or Investor
When you choose to sell your home directly, you will likely save many out-of-pocket costs you encounter when listing your home. You won’t need to pay a listing agent, make repairs or clean up. With a direct sale to an investor, the process typically runs much more quickly. Direct buyers are often paying in cash, so they are able to close without relying on bank funding.
There are several advantages to selling your home to an investor. Investors have immediate funds that they can use to purchase your house. Real estate investors can pay cash and close your house in a matter of 7 days AS-IS! That means you can skip the hassle of listing your home, staging and prepping your house for a showing. Thus, it doesn’t require you to spend money to make repairs and improvements for your house.
When you sell your house directly, make sure to read the fine print and that the terms are agreeable to you. When selling on your own, you will not have a professional to help guide you. Not all home buyers are the same!
Here in We Buy NKY Houses, we specialize in buying houses quickly in Cincinnati and Northern Kentucky. We typically help homeowners who want to sell a house sooner rather than later. We can also assist in listing your home. We provide all options that are most suitable for you!
As a professional real estate company, we help people in foreclosure, with a house stuck in probate, landlords with tenants, divorced homeowners, inherited properties, and many other types of unusual reasons.
Many people are turning to auction services to sell their [marlet_city] homes. Choose a site or person who will generate buzz about your property using excellent marketing. The goal here is to draw attention to your home and encourage buyers to outbid one another.
An auction is great for people who want to want to sell and have a definitive date. By selling quickly, you can potentially save thousands as opposed to listing your home.
Factor in your mortgage payment, homeowners insurance, property taxes, repairs, and general depreciation, and you’ll see that holding on to a home, that isn’t income generating, is only costing you money.
Do you want to sell your house in Northern Kentucky? We can help you achieve your goals right now! Send us a message or give us a call to learn more! (859) 412-1940
If you have questions such as: Is there a way to sell a house without listing it? Can I sell my home myself while it is listed with a Realtor? Is it better to list your home high or low? Why are some homes not listed on MLS? Or you just want to know your options in listing your home? Then give us a call. Our Real estate experts will be able to answer any questions you have about the process, can make recommendations, and may be able to provide you an offer over the phone!
assistance all over Greater Cincinnati and places like Anderson Township, Batavia, Blue Ash, Colerain Township, College Hill, Columbia-Tusculum, Oakley, Pleasant Ridge, Sharonville, Silverton, Springdale, Walnut Hills, West Chester, Wyoming.