Sell your house fast for cash in Casselberry
Once again we have another comparison article about the variety of houses that we look for. In Casselberry. Florida you most likely have seen houses on both sides of the spectrum.
When I go out to do marketing sometimes it can be a fearful experience. The house above was in a pretty rough area and the only way I could contact the owner was to talk with the neighbors. Usually in neighborhoods like this they aren’t willing to readily divulge information. But anyhow, it was obvious that this homeowner needed to sell his house quickly because of the tax liens against it. Hopefully I will be able to talk with him soon so that I can find out more about his situation. Sometimes just listening is the best course of action.
This second image is a second house of someone who lives remotely. The fact that he rents it out makes him a landlord and he is discovering how difficult that can be. In Casselberry there are numerous properties in the same category that are behind in mortgage payments because the tenants are unable to come up with the rent.
Simply selling a house quickly to a real estate investor could give a landlord the financial and mental freedom that they need. If they work with us we can give two offers: one for immediate cash and the other for a monthly stipend with a bigger cash payout in the future.
Just by looking at the house above it’s hard to notice anything unusual. You would have to be a neighbor to see that no one comes in or out of the house. The grass is cut once a week by a Casselberry landscaping company but that is the only activity on that property.
Sadly, the old woman who was living there passed away recently and her daughter is the one who is paying for the lawn maintenance because she has been chosen as the executor of the estate. There are other expenses that she is liable for like the house cleanout and estate sale.
Probably the worst duty of the daughter is dealing with greedy siblings who are pushing her get the house sold so that they can have their fair share of the profit. This situation makes a real estate investor an ideal part of the solution because they buy houses with speed an cash. The executor can sell the house quickly for cash and bring the proceeds to the probate court which can be divided among the siblings.
In this situation, a real estate agent would only complicate the sale because the amount of time necessary to close. This ranges between 3 to 7 months. The probate is unable to come to an end until the sale is complete so the siblings can remain irritating to the executor and complicate an already challenging role.
Sell your house fast for cash – even if it’s a junker
Casselberry has a reputation for having an upper class feel but there are pockets that need some cleaning up. The house below was purchased by a real estate investor who does a lot of work in Seminole County.
Interestingly, he bought the house at an auction after it went through a foreclosure. With this kind of purchase the buyer is not able to see the inside until after his name is on the deed. It turns out that he was really sorry that he bought it because the owner had ripped out everything, even the toilets and sinks.
This kind of vindictive behavior happens when people are pushed to their limit after months of calls from debt collectors. The situation could have been avoided by simply calling a real estate investor and selling the house fast for cash.
Why would anybody want to procrastinate selling their home in favor of a foreclosure? Maybe the answer is because they’ve given up hope and have resigned to that. By just taking a little initiative to talk with an investor the quick sale of their house for cash can be arranged with minimal preparation. The owner of the picture above just decided to isolate himself until the constable came to his door and gave the order to move out.
Getting equity vs. getting nothing
This is probably the most important section of the article because it sums up the reason to sell your house fast to a real estate investor. Although it is possible to get some equity back after your house is auctioned off you will definitely get a lot more by selling before you reach that point.
A real estate investor is an important part of the property ecosystem because they give people an out when they need it the most. Adverse financial circumstances visit us all but it is refreshing to know that there is a path to regain your old life back. You just need to be disciplined enough to reach out to an investor that you can trust so he can provide you with solid options.
Two real estate scenarios
Larry (not his real name) was a guy who was accustomed to spending weekends at the Casselberry Golf Club while discussing his latest stock moves with friends. Larry’s financial empire came crashing down in just a few days because he got too cocky and didn’t use sell stops. Being the stubborn man that he was, he decided to stay in his house and rely on hope.
After months of not being able to pay his mortgage he realized it was too late to contact a real estate agent. Instead he spoke with an investor and came clean with his depressing story. To Larry’s surprise he discovered that he could get A LOT higher price than he had expected. The condition was that he had to just wait a few years. Until the sale date, Larry could get monthly payments from the real estate investor who could lease the home.
The plan was that the real estate investor would sublease to a tenant buyer while all repairs were the responsibility of the investor. All Larry had to do was collect monthly checks until his big payday sometime in the future.
As you can see, real estate investors are more than just opportunistic business men. The right ones can provide a valuable service when the trials of life come. In Larry’s case, he got the help he needed and began his trading career again towards a brighter future.
At this part of the article I’d like to make a big distinction between the affluent kind of houses that you would normally find in Casselberry and the distressed houses found on the city limits. The distressed houses are not good candidates for this alternative way of selling known as lease optioning. For this category we would be likely to just present a cash offer.
The amount of money would be lower than the market value of the house because we would need to put forth our own money for repairs. After a house is brought up to market standards it would be ready for traditional buyers that typically consult agents to buy a house.
Other reasons to work with a real estate investor
No closing costs: To simplify and hasten the sale process you will never have to pay closing costs. Simply attend the closing at the title company with the keys and applicable codes for your security system and you will be ready.
No walkthroughs: The big inconvenience of working with a realtor is that you need to open your house to potential buyers. Can you imagine the scenario of having to keep your house clean all the time and getting your schedule interrupted? It’s an unnatural lifestyle that could extend for a few months.
No staging: Studies have shown that if you want to sell your house at a higher price you have to remove your old furniture in favor of new furniture that you rent. Realtors also recommend repainting your walls with a neutral colors and putting up generic pictures. This is so that visitors can see more of themselves as the owners instead of you.
No protracted sales date: When selling your Casselberry home to a real estate investor you will know when the closing date will be and plan accordingly. Working with a real estate agent is possible if you have 3 – 7 months to offer before the sale.
Option for fast cash at the closing: Whether you house is pretty or ugly, this option is always nice to have in an adverse situation. You can quickly walk away from your house with the ability to pay bills and start your life over again.
Conclusion
We’ve examined the benefits of working with a real estate investor through the eyes of someone living in an upper class neighborhood like Casselberry, FL. If you choose to work with an investor you can always sell your house fast for cash or choose a lease option. The kind of house that you own would have a strong correlation with how we can approach the sale.