What Is the Quickest a House Sale Can Go Through
On average, it takes around three months to sell a house, including house appraisal, surveys, paperwork, and the final sale. However, if you want a quick sale, you can sell your house faster through an auction or a ”We buy houses as is” company. In such a case, it can take a few days to a month, with an average of 14 days.
This article gives tips to help finalize a house sale as quickly as possible.
Factors that Slow Down a House Sale
We all associate the real estate industry with lengthy processes, but it doesn’t have to be so. Below are a few factors that make the process long.
For a good reason, some home buyers insist on a professional survey before closing in on the house. The survey is meant to expose issues the house might have that could lead to costly problems later. If the surveyor finds too many cases, the buyer might ask you to rectify the problems, which takes more time.
If you are selling the house the traditional way with the help of a realtor, chances are they will end up putting your home up on the market. That way, once anyone is interested, they will want to come and view the house, meaning you will have to set up an open house for all the days needed. Most people might not like what they see, and the house will stay on the market long.
The process can take some time if you deal with a house buyer working with mortgage finance. It requires more paperwork, and many banks might decline the loan when the process is underway.
Tips to Help You Sell Your House Fast
The home selling process goes faster if you sell your house without a chain, i.e., without an intermediary. Below are some tips you can employ to ensure the process is as quick as possible.
Have a Flexible Schedule
There are many things and paperwork involved in selling/buying a house. Therefore, you need to have a flexible schedule to speed up the process. This way, you will be readily available to sign what needs to be signed for house viewing and other necessary details.
Choose the Right Avenue
There are several ways to sell a house, and choosing the right avenue shortens the process. For example, if you decide to go with a company like ours, we will buy your house in record time for all cash.
This way, the process drops to a couple of weeks. Our surveyor processes result in days, meaning you also save time and money for a private surveyor.
Have a Closing Date in Mind
Before you seek the services of a realtor or whoever you sell the house to, it’s only right to have a closing date in mind. This way, the other party works with a set time limit which pressures them to hasten the process as much as possible.
Offer Full Disclosure of the Property
Offering a full disclosure document of the property with details such as the history of the home, necessary licenses, damaged areas, and so forth to the buyer on time quickens the process. Often, the buyer delays the deal due to the emergence of undisclosed details.
Things to Consider When Selling a House in Kentucky
To position yourself where it’s easier to sell your house as quickly as possible, it’s important to understand factors that might impact your sale.
Here are a few notable ones:
The Property Market
The property market alternates between two seasons: A seller’s market and a buyer’s market. A seller’s market has increased house demand and low supply, so prices skyrocket. It presents the best time to sell my house fast in Kentucky.
Alternatively, a buyer’s market features increased house supply, low demand, and prices. If you sell during this time, you have to lower your price considerably.
The Condition of the House
If you are selling via an auction or We buy houses company, you can sell the house as is. However, if you are listing it in the market, you will need to do some touch-ups and renovations, which will also dictate the price and demand. We buy houses in Kentucky in any condition though so don’t hesitate to give us a call!
Selling houses is not a hassle-free process. However, with the right partner, you might have a seamless deal closed in a couple of days. Click here if you desire to sell your property in Kentucky for a cash offer and want a quick sale!