Let’s face it. Emergencies can happen at the worst possible time imaginable. And if you’re a condo owner, eventually you’re going to have to face the prospect of selling your condo fast for cash.
Unfortunately, you may not have the time to stage your home or wait for the right buyer. In fact, recent estimates indicate it can take over three months from listing to closing for the average home in the U.S. to sell; hardly a comforting thought when you’re facing an emergency.
Fortunately, it’s not at all difficult to sell a condo quickly for cash, even without having to make expensive renovations.
1. Reduce Your Listing Cost
While the estimated cost of a realtor hovers around an average of 6 percent nationally, you may find that the fee not only can be negotiable; it can be dispensed with altogether. Every year, more and more homeowners are selling their homes and condos without choosing to negotiate with brokers and realtors. It’s not always easy. And it can demand as much knowledge of your local market as it does your marketing skills. But it can help maximize your return without waiting for the perfect buyer.
2. Pay Attention to Your HOA Rules
One of the biggest snags condo-owners can frequently run into are restrictions on just who they can sell to. Even if your homeowner’s association does permit renovation, the threat of credit liability with a potential buyer can still fall well out of regulations if you’re not paying attention. Don’t just take their lender’s word for granted. Review what rules govern the sale of your condo. You don’t want to face any more delays than are absolutely necessary.
3. Focus on the Amenities
The chief advantage of a condo is the relative ease of property maintenance. And if your condo has certain features that simply aren’t available with single family homes in your neighborhood, you want to take advantage of them when listing your property. And it’s not just a pool or 24 hour security that can help sell your condo, either. Your location, the convenience to neighborhood trends and onsite parking can all be unique selling points for your property. Don’t overlook them!
4. Contact a Trusted Home Buying Company
There’s still a lot of skepticism many homeowners have about house buying services and investors. In fact, many of them assume that they can’t possibly purchase condos. But they can. Not only that, they’ll give you a fair estimate within a matter of days, without the need for expensive repairs or waiting on lender approval. There’s no need for realtors, open houses or wasted time. Your condo can be purchased as is, both at the price and turn around it deserves.
Want to know more about how to sell your condo quickly in Provo, Utah at a price that’s right for you? Call Enlight Homebuyers today at 801-939-0123.