If You Sell Your House for Cash In Sacramento You Need to Target the Right Buyers!
Selling anything is a matter of targeting and in real estate its no different. If you are selling a house and your potential buyers are just 5% of the entire market, no matter how much time and energy you expend on attracting the 95% of the market that is not interested, you will fail.
The truth of the matter is that unless your house is in move in ready condition, you have some decisions to make. Are you going to spend thousands of dollars fixing and updating your house to find the right buyer that will pay top of Market for your house or are you going to sell your house in California as is to the highest cash offer.
It really is that simple because if your house is not in move in ready condition, it will NOT qualify for bank financing anyway. One of the great myths in the California real estate Market today is that as long as your buyer can qualify for a loan its a done deal. Think again, because today with all of the new rules that have been put in place, houses must meet lender criteria as well.
You heard that right, houses must pass a set of minimum standards of living and if an appraisal/inspection comes back with a list of repairs the lender will not approve unless they are taken care of first and then reinspected. Can you say Delays?
Time frames and holding cost begin to skyrocket and a homeowner that just wanted to sell their house has a whole new set of issues to deal with.
So if you want to sell your Sacramento house this may be the best advice I can give you…
Believe it or not, the condition of your house is the single most and best indicator of your houses value and that alone will determine how much time it with languishes on the market. Even houses that need minor repairs will not sell for the same price or as fast as a house that has been routinely maintained and is updated for today’s buyer demands.
Digging your heels in and bucking the Buyers demands is not going to make your house more desirable or valuable. Your expectations must be adjusted to the markets realities.
Believe it or not there are many Local house sellers that are still getting cash for their houses in Sacramento even in this real estate market. While serious Cash House Buyers like Westbrook REI have virtually dwindled in numbers from the Sacramento, Stockton, Manteca and Modesto, CA, marketplace, we are still here offering cash solutions to homeowners every day.
If all you had to do was hang a “For Sale” sign in your front yard and wait for potential buyers to call you… that would be great, but if you do that you are going to need to sort through the potential buyers and make your best deal. Gone are the days that you can get 5 offers above asking price before dinner time.
Cash for Houses In Sacramento: Even In today’s tough economy, coupled with an unstable (but stabilizing) housing market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling houses fast in some parts of the Northern California. There are other factors as well.
Throughout the country, more and more homeowners are seeking to sell their homes fast thus creating stiff competition in the market.
However, if you are trying to figure out how to you can get cash for your house in CA, then you should not lose sight of what your goal is, especially if you know what you can control; and there is a lot that you can control.
Here are a few tips that can help you sell your CA house for cash in the shortest time possible…
Getting Cash For Houses in CA: Sacramento, Stockton, Manteca & Modesto
There are a few viable options when you’re selling your CA house for cash in today’s market… and we’ll walk through some options in this article. Hopefully by the time you get to the end you’ll have a pretty clear picture of the options you have for getting a cash buyer to make an offer.
Do not be carried away with emotions
When you are trying to sell your Stockton house fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the house, it is quite easy to succumb to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to the task at hand.
Know your competition here in Sacramento and your neighborhood
Each neighborhood is different and within that tight knit area there are many different types of houses in varying condition. Most homeowners don’t take into consideration the complexity of the market or target the right buyers for the type of house that they have in its current condition. When needing to sell a house fast many homeowners just place a “For Sale” Sign in their front yards blindly without doing any research of the of the local market. Remember, every buyer wants to get the best value for their money… While some homeowners can wait the 3-9 months to sell their house and get a full asking price offer, other homeowners need to sell immediately.
So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell. If you can’t wait that long… how much of a money are you willing to spend to update your house and if not are you willing to give the cash buyer a discount in order to attract them to buy your house quickly?
As such, potential buyers will be doing a thorough research in order to find the best house that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively.
Objectively asses your situation and property
It is important that you establish whether your house can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your house before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).
However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at Westbrook REI. We buy Stockton houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all.
Give us a call at (209) 481-7780 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.
Get the pricing right
If your house isn’t selling in CA it because they have priced the house to high. There is a vast graveyard of Multiple Listing Service expired listings of houses that haven’t sold and it does not take a rocket scientist to figure out that the Homeowners expectations we not aligned with the buyers desires. Once you realize that over 40% of Houses listed with Real Estate Agents don’t sell within their initial listing period, your best option may be a We Buy Houses Company that pays Cash.
95% of all buyers in today’s real estate market want homes that are in move in ready condition. Of those buyers another 95% will order at least one home inspection and will expect the seller, even if the home is being sold as is to pay for the repairs or want a concession for the cost of those repairs and updates.
Just because a house is being sold as is does not mean that you will find a buyer that is willing to take on all of the issues that may be wrong.
Be sure to talk with experienced real estate professionals (real estate agents and cash house buyers alike) in order to give your house the right valuation so you know what you may be able to sell it for whether or not you list with an agent.
You also need to decide if you can wait the normal 3-6 months to sell to a full priced buyer… if you can… awesome!
If you have to sell your house fast… you’ll need to price your house accordingly and be willing to negotiate on price.
There are several reasons why you may want to get cash for houses in Stockton. It could be due to a pending foreclosure, a recent divorce or death in the family or the need to downsize to save money. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.
Want to learn more quick home selling tips? Click here. Better still, call us today at (209) 481-7780 for amazing cash for houses deals in Stockton. 🙂
We here at [company] offer cash for houses in Stockton. We’re local buyers helping local home owners sell their house quickly with no hassle.
We either hold these houses ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.
If you need to sell your Stockton CA house, we will make you a quick and fair cash offer.