Many homes are bought and sold each and every day, and there are some that are sold over a period of time, and some are sold right away.
It is possible to sell my house fast Phoenix style if I really need to, and sometimes circumstances call for that method to be employed.
Traditional House Selling
The traditional way to sell a house is to list it with a realtor, get advertised in the Realtor’s multi-listings and sell the house for a profit. Sometimes you can make a good deal of profit this way, but it often takes a good deal of time to have that occur too.
There are situations, however, when you can sell your house right away, even on the same day if your wish. The stipulation is these cases is that you will have to agree to a price on the house that can be as much as 50% of its appraised valuation.
So why, you ask, would anyone be willing to do that? In a situation where a person is way behind on their mortgage, for example, they can avoid foreclosure on the house by selling as a quick cash sale.
This will provide enough money to bring the mortgage payments up to date, and then have enough to put down as a deposit on a rental.
This will give me a place to live, and the mortgage is not anything that I have to worry about anymore. Could I have waited and sold the house in a traditional manner?
Maybe and maybe not, but the cash sale is a sure thing.
Another situation where I might want to sell my house fast Phoenix style would be if I am transferred to another area of the country, and I don’t have time for a traditional sale to happen.
Cash Method of Selling
By opting for the cash method, I can relieve myself from having to pay two mortgage payments, and I will have cash immediately to use for what every purpose I wish.
Still another situation occurs if I were to inherit a house from a relative who dies. Perhaps the house is located in another state and it is not convenient for me to travel there, stay long enough to conduct the sale of the house, and then come home.
With a cash sale, I can move the house right away and not have to wait, while pocketing some much-needed cash. Here, I take care of things right away, and I don’t have a long and drawn our procedure taking up all of my time. Time is money, after all.
While it may seem to be counter-productive to sell a house where you don’t have the opportunity to make a “full profit” on the house, just the fact that you have sold it and you have still pocketed a fairly large amount of cash can make quite a difference.
There are plenty companies and individuals which will be happy to pay you cash for your house as they can then turn around, fix up the house, and flip it for a nice profit.
This gives them the opportunity to earn a profit, and for you to get the house out of your radar, and to be able to pocket some ready cash as well.
Just knowing that I can sell my house fast Phoenix style gives a great deal of comfort in situations where the need for cash right away makes the cash sale a valuable alternative for selling the house in the traditional way, thus having to wait until the sale closed before you get any of your money.
Flexibility & Choices
Having choices available offers people like me more flexibility as far as just what my goals are and the capability to better handle varying circumstances as they come up.
Just knowing that there is a cash market available, gives the seller another option that is available to them, and it can always be a viable alternative.
None of us can predict just how the sale of a house will bring about the desired results, but having a cash option certainly is a good option to have.
Phoenix Arizona – Wikipedia: https://en.wikipedia.org/wiki/Phoenix,_Arizona
City of Phoenix – Gov Webpage – https://www.phoenix.gov/