There are many reasons a homeowner may need to sell fast. If your house is unlivable, or you can no longer find the funds to pay your mortgage, then selling your house may be essential. If you are asking yourself “how on earth am I going to sell my house fast in Salt Lake City?” then keep reading. We want to help break down a few options that may help you.
Here at Enlight Homebuyers, we know how nerve-wracking it is when you are no longer able to afford your mortgage, or you need to move fast for other reasons. If you need to sell your house fast don’t fret, take a deep breath and start researching your options. Selling a house may be a long exhausting process. In fact, did you know that studies have shown that selling a house if the most stressful experience you may have to go through? The good news, however, is that it is possible and we at Enlight Homebuyers in Utah are here to help you make this process as easy as we can. Make an informed decision today, find out all of your options to make sure this process doesn’t take over your life.
Contact a Real Estate Agent
89% of house sellers use a real estate agent to list their house. This is a great option because realtors are able to sell your house for more money than you could list your house FSBO.
Although you will make more money for the sale, this may hurt you in the end. If your house is in poor condition you will most likely have to put a lot of money into repairs to help it appeal to potential buyers. If time is an option as well and you need to sell your house in Salt Lake City fast, then opting for an agented sale is probably not the right thing for your situation. It can take months to sell a house with an agent.
For Sale by Owner, Is This an Option to Sell My House Fast?
Selling your house by owner (FSBO) is a way to avoid paying 5-6% to a real estate agent. However, you are going to get less cash for the sale because you will not have enough resources to list your house all over the market the way a real estate agent does. This means that in the small chance that someone finds your house listing, they may be the only person who makes an offer, leading you to feel pressured to accept it. The offer may be a lot less than you were hoping for, but if you are in a situation where you need to sell your house fast, then this may be your break.
Is Short Sale a Good Option to Sell a House Fast?
The term “short sale” may sound really exciting when you need to make a fast sale. However, a short sale is actually about the money, not the time. Selling our house through a short sale means that your lender has agreed for you to sell your house for less than you owe. This may be to avoid bankruptcy or the foreclosure process. So if you are not in a situation where you are going to lose your house, and you just need to sell fast; Enlight Homebuyers recommends avoiding a short sell to get more money for your house, and be in good graces with your mortgage company.
Sell to a Cash Buyer in Salt Lake City
If selling your house fast is the most crucial thing to you, then selling to a cash buyer is your best option. Did you know that here at Enlight Homebuyers, we can purchase your house and close within seven days? That is because we already have the cash ready to give you for your house. You don’t have to wait for any closing dates, and we will not fall through at the last minute either.
Another advantage to selling your house to a cash buyer is that you don’t have to do any repairs. According to The Balance, repairing a house can cost a lot more than the return you will see. This means that you will spend a lot of money to fix your house and it will not make your houses value worth any more than it was before you fixed it up. This reason alone can make selling to a cash buyer your best option. Keep the money you would have had to use on repairs, we want to make this process worth your while.
Selling your house fast may be scary, but it can be done. Let Enlight Homebuyers in Salt Lake City help get you out of your house in the shortest time possible. No need to elevate your stress levels over-selling your house. It will be an easy, comfortable process when you choose Enlight Homebuyers. Life is already hard enough, give us a call today at 801-939-0123 or feel free to browse our website. We will help walk you through our process and get you the funds you need right away.
