Are you in a hurry to sell a house fast in Napa? Even though we are currently experiencing a seller’s market, it can still take on average over 2 months to sell and close your listing on the traditional market. This time frame does not account for the weeks you will need to clean and get your house ready, especially if your home needs repairs and renovations. If you don’t have the patience, the time or the financial resources to sell your home quickly, you may want a non traditional method to sell a house fast. Thankfully, there are a number of options available to you for selling your home in Napa real fast. We will be exploring those below. If your house is no longer serving you, here are some options for selling it fast.
- List Your House with a Real Estate Agent
- Opt for a Full Cash Offer from a “House Buying” company
- Sell As-Is – No Renovation
- Sell to the First Bidder
Common Reasons to Sell a House Fast
There are a number of people who have specific situations or challenges that warrant selling their homes fast. Life can be so complicated, and things can change in the blink of an eye. Here are some of the most common reasons homeowners end up in a space where they need to have their house sold quickly.
Some homeowners have to sell fast because they have lost their jobs and are no longer able to make their mortgage payments. If the foreclosure process has been initiated, you will still have an opportunity to sell your home independently of your mortgage company before the date of their auction.
Sometimes landlords have trouble getting tenants, and so they loosen their application standards. Most often, loosening standards means you will attract bad tenants who can quickly turn your investment bad. Persons who have bad tenants will sometimes have the sale of their home as the only recourse. The quicker you can sell, the quicker you can get rid of your bad tenant problem.
Sometimes when you inherit a property, you don’t want it for multiple reasons. So what do you do? You sell it, of course! Getting rid of it as fast as possible is the easiest way to turn your inheritance into cash in the bank for you to invest, enjoy or to pay off debt.
Pending Foundation Repair
A home requiring foundation repair can be a pain. It could cost you upwards of $10,000 easily, and those could be just starting costs. Instead of leaving this problem to fester and threaten your safety, sell your house quickly and let the buyer deal with that hassle. Your house price will need to be discounted, but it may work out better to sell fast in the long run.
A New Job
If you have been offered an exciting job opportunity which requires you to move, you don’t want to be paying a mortgage and possible rent or two mortgages at the same time. In this scenario, one would want to sell their house as fast as possible.
Having finalized a divorce, now is an ideal time to start anew by selling your house. If you stay in this house, you may be reminded each day of the relationship, or you may need to have more interaction with your ex than you would like. When you sell the house, you can make a clean pass and cut ties easier, and get on with your life faster.
Flooding can cause a lot of damage to your home. When a house has a history of water damage, it is more difficult to sell it. Water damage is also expensive to fix. If you don’t have the cash to make the repairs, your best option for getting out of this bad situation is to sell your house.
Fire damage is one of the biggest reasons to sell a house fast. Fire damage is going to be difficult and costly to repair. There will have to be demolition, renovation, and bringing a home back to meet certain code. If you did not have adequate home insurance, the costs associated with fire damage repair can be overwhelming.
If you fall into any of the above categories and need to sell a house fast in Napa, we have some solutions for you. You may have entirely different reasons for wanting to sell your home quickly as well. Either way, you are looking for a solution and we have options.
Option 1 – House Buying Companies
Have you ever noticed advertisements with “we buy houses in Napa?” These companies may be the quickest option you have to sell your home. Why? Because when you sell directly to this type of company, you avoid two of the most time consuming steps of the real estate selling process. Those are;
- Attracting a buyer.
- Waiting for the lender to close on your buyer’s mortgage.
A house buying company will offer a cash price for your house, and you know they always say “cash is King”. And selling to one of these companies takes a lot of uncertainty out of the timeline, from listing your home to closing the sale.
When you sell for cash, you don’t have to stage your home, you never have to impress these companies making cash offers. There are no open houses, no agent fees to pay. It is simply yourself and the company who may just need to look at some photos or do a quick home tour. You review their terms and price and decide if you want to accept or not. These companies are willing to purchase “as is” and so often you can close the sale within 2 weeks.
Option 2 – A Traditional Cash Buyer
This is another way to sell a house fast in Napa. A traditional cash buyer may be investors willing to flip your home or those looking for a home in the area yours is located. Bottom line is that any cash buyer provides you with the speed, simplicity and control over how quickly you can sell your home. It is important to note though that cash buyers will pay less than average than buyers that are getting a mortgage. So you will need to decide if the price is a good enough pay off for selling your house quickly.
- Your house is outdated, but located in a great school district
- Your house would make a good rental
If you want to sell a house fast in Napa and want a cash buyer, you can check out Sell Quick California. When you choose this option, there is no preparation work, no open house and no repairs. You go straight to receiving the offer.
Option 3 – Working with a Top Real Estate Agent
If you want to sell fast, but want top dollar, your best option is to choose a top agent. Listings that are represented by agents always sell for more money, and top agents can get your home sold for the best price. Data from the National Association of Realtors – NAR for 2020 indicate that homes sold with an agent sold for 35% more. If you choose to work with an agent, you must accept that you won’t be guaranteed a cash purchase.
You will also need your agent to know you are looking to sell your home as quickly as possible. Partner with an agent that has a track record of fast home sales, especially those who have experience with comp homes. An agent with experience selling in your local area can help to highlight the perks of your home to interested buyers. They can also advise you on the type of upgrades that would be a waste of money, or those that would help improve your chances of selling your house fast.
What You Can Do to Speed Up Your Sale
Even with a superstar agent, you can do a couple things to speed up your sale. These include:
A clutter free house will make your listing more sellable. With all your clutter out of the way, potential buyers can see the space for what it truly is, and can better imagine it working for themselves.
If you don’t have the time to clean, hire a cleaning service. If you can hire out a deep clean, that would be even better.
- Improve Your Curb Appeal
The little things really do make a difference, so get routine garden tasks done, like:
a. Mow the lawn
b. Edge the driveway
c. Pull weeds
d. Apply weed killer where necessary
e. Spread some new mulch
f. Clean your entry gate/door
g. Fix your mailbox or get a new one
- Pick the Best Listing Time
The best time to sell in your market is based on housing market data, which you can quickly and easily access online.
Sell Fast Options to Watch Out For
There are a number of quick selling options that you should avoid.
- Short Sales
This type of sale actually takes longer to finalize than a regular sale, and you will end up getting less than you would even from a house buying company. The only short thing about a short sale is the money you will collect. You may not even have this option as a seller unless you are behind on your mortgage with impending foreclosure.
Yes, you can sell your house at auction, but there are a couple trade offs. The plus of selling via auction is you know the exact date your home will sell, but auction homes can go on to take up to 60 days to close. There is also the risk of your home selling below a reasonable selling price. It is often recommended that you set your auction to start at 10% to 15% below current market value. This will generate interest among buyers, but there is always the risk that you may not get to the price you are looking to sell for at auction.
In order to see any cash from our home auction, your home will need to be carrying up to 25%.
- For Sale By Owner (FSBO)
This is pretty self explanatory. For this type of sale, the onus to get the house sold is on the current homeowner. This option is often only used when a seller already has a buyer. Otherwise, it could be one of the longest selling processes you could choose. You would have to be highly invested in marketing the home on your own to get a sale any at all, much less a fast sale.
If you have a potential buyer in mind, that’s okay, and it can work. You simply need to get an attorney to finalize the purchase paperwork. Bear in mind though, that this may mean sacrificing your pricing. But sacrificing your price is one of the drawbacks of almost every type of option to sell a house quickly.
When you need to sell your house fast, the good news is that there are a couple of options that you can choose from. Selling a house is often very stressful, time consuming and overwhelming, and it is almost never a fast process. But you can still sell your house without leaving it to chance. One of the easiest routes to take when you want to sell a house fast is to sell “as is” to a cash buyer. This can be a private party, or it can be a company that buys houses. Then you also have the option of choosing to work with a Top Real Estate Agent in your area. The only thing left to do is to choose an option. What will it be? Our recommendation?
Check out Sell Quick California, they may be exactly what you need. Don’t wait any longer, get a fair cash offer now.