Sometimes life moves faster than traditional real estate transactions. When family or work requires an out-of-state relocation, some home owners find themselves is a tricky predicament. The same may be true of someone who inherits a property from a deceased family member or loved one. How do you sell a home quickly while living out of the area?
Selling a home quickly relies on good planning and knowing how to maximize opportunities to expose potential buyers to the property.
The same rules apply for getting your home ready for sale regardless of whether or not you’re living there. Homes present better when they appear clean or fresh. Spending a little time and money on cleaning, painting, and small repairs will yield a favorable return on investment. If you live out of the area, either plan an extended stay to do these maintenance preparations, or find local cleaning and small home repair or handyman services to get the job done.
After the home is looking its best, the next step is to promote it. Hiring a realtor is one way to sell your home, however, working with a realtor or agency can cause much of the profits of the sale to go toward commissions and fees. Instead, focus your efforts on taking photographs of the property that highlight appealing features and then creating postings on high-traffic websites and local listing publications. It’s also good to keep in mind what type of buyer will likely find the home appealing. This will help you cater your advertising to the right demographic.
Unfortunately, selling a home from out of town can be a cumbersome and slow-moving process. Sometimes financial, professional, and family obligations demand a quick sale. If this is the case, contact us. We are connected to a national network of investors and Realtors that specialize in buying properties fast using advanced and non-traditional real estate techniques. If you need to sell your home fast, we can help!

​More and more people are deciding to sell their house for cash. It used to be a final option, but it's quickly becoming common. Everyone chooses to sell their house for a different reason. Here are a few things you can do with the cash you get in exchange for your house.
 
Pay off debt
One of the most common things that people do with the profits from a property sale is to pay off debts. Everybody has hard times, and debt usually follows, but selling your house for cash can be the decision that solves all of those problems at once.
 
Rent an apartment
Once you sell your house, you don't have to live on the street. Use some of the cash from the sale to rent an apartment. Chances are, you'll earn enough to pay off any debt that you have, and still be able to afford a nice apartment for a while. On top of that, you'll have plenty of cash in your pocket for other things. Whether you like to eat out, go shopping, or give to charities, you'll feel rich after you've sold your house.
 
Take care of loved ones
Some people can't take care of themselves until they've taken care of the ones they love. Loved ones, especially the elderly, can be expensive to take care of, but once you've sold your home, that won't be a problem any more.
 
People sell their home for cash for many different reasons. Whatever yours is, you're not alone.

​When you need to sell your home quickly, you may feel like your options are limited.  Outside factors can contribute additional stress to your situation.  This is not a situation you want to enter into alone.
Here is a quick look at some numbers.  Zillow reports that homes listed on the site take an average of 87 days to sell.  That means you could be responsible for three additional mortgage payments before a buyer comes along.  CoreLogic reports that there were 469,000 foreclosures on the market as of July 2015.  That number is less than in previous years, but it is still very high.  Your chances of avoiding a foreclosure will increase if you keep your options open.  Consider these alternatives to sell your home quickly.
Fast Cash Sale
This is the fastest way to sell your home because there is no waiting for buyer financing to be approved by a third-party.  Buyers are typically investors who will cover all extra expenses associated with the transaction, leaving you free and clear of your mortgage.  This works best if there is some equity in the property.
Auction
An auction sale is another way to sell your home fast.  You will need to factor in several fees before making sure this will be profitable for you.  A good auctioneer can sell your home for well above the reserve price (usually 70% of appraised value) and any profit after your fees are paid goes back to you.
Short Sale
This is a good option for a home that is under water, meaning you owe the bank more than the property is worth.  Through negotiations with your lender, you can avoid a foreclosure and walk away from the property without owing additional funds.  The disadvantages to a short sale are that it will affect your credit (negatively) and the process can be lengthy.  
We Buy Your Austin Home can explain your options to sell your home quickly in further detail.  We also have several more scenarios for you to consider - all of which will help you sell your home fast and avoid foreclosure.  Our team of professionals is standing by - contact us today.

​For many homeowners, a quick sale is a surefire way to make some quick cash or avoid foreclosure. This option is often utilized in real estate markets that have little buyer interest or a high rate of foreclosure. By learning more about selling a house for cash.
Explore Available Investment Options
There are often multiple options when it comes to selling your home for case. Be sure to evaluate all the propositions which are available in the Austin area before striking a final deal. According to Forbes, "Investors may offer various payment methods such as certified funds, cash, pre-scheduled cash payments, or perhaps they may even take over the existing mortgage completely. With multiple options available, sellers may find a solution that suits their needs." 
Consider the Value of your Home
There is no harm with negotiating with a company that buys homes for case. If your home is in good condition and located in an affluent area, don't settle for a price that doesn't satisfy your needs. To gather an estimate of the amount you should negotiate for determine the market value of similar homes in your neighborhood.
Rate of Sale
Cash buyers are well-known for their ability to conduct a purchase quickly. Should you be in a situation where the funds need to be allocated immediately then the amount of time required to close a deal is often an important consideration.
Tax Requirements
Investigate the tax requirements of the contract. The percentage of taxes allocated through the transaction will inevitably need to be deducted from the total sales price.

​So great-aunt Gertrude passed away, and you've received a letter form her attorney saying congratulations, you're inheriting a house. While this windfall might convince you that you were Aunty Gert's favorite, you'll probably rethink that after you've gone through the headaches and hassles of inheriting real estate. 
Maybe Gerty thought you were a dot.com zillionaire and wouldn't mind paying the estate taxes and the balance due on her reverse mortgage, but the reality is that most people don't consider the negative ramifications of a gift of real property and the burdens that they're placing on the giftee. As the heir, you are responsible for the finances associated with the property beyond the taxes and mortgage--the real estate taxes, homeowners insurance and association fees, and the general upkeep--utilities and maintenance. 
If you get lucky and find out the house is in a popular area and is in good repair, you should consider converting it to a rental property. You can manage the rental yourself if you've got the time and are handy with minor repairs, or you can hire a property management firm to oversee the entire operation for a percentage of the rent.
You could always move into the house and take over the mortgage payments, but that doesn't work if you've already got a house you love and a mortgage of your own. Disloyal as it may seem, selling the house is usually the practical path for a surprised heir, especially if you also inherit a house payment and an inheritance tax. 
If you need advice on how to manage the sale of inherited real estate, contact us and we can help you decide what's right for you. 

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Going through a bankruptcy is hardly easy for anyone. However, if you own a home, you have a few more options than most people. Here are some of the financial strategies that you can use if you own a home to see you through a bankruptcy.
Home Equity Line of Credit
If your credit history is good, you may ask a financial institution to give you a line of credit based on the equity that you have in your home. This line of credit pays back creditors and stay current on debts that would otherwise put you into bankruptcy. If you are already in the bankruptcy proceedings, a judge may offer a lifeline if your home assesses at a high enough value.
Debt Consolidation
Based on the equity in your home, you have options for debt consolidation. Consolidating a debt means finding an outside third-party creditor. This creditor will aggregate all of your debts into a single bill. It is possible to reduce the overall principle on the amount of money owed during a debt consolidation. The equity in your home buffers payments against this newly consolidated debt.
Home Rental
Renting out a home to renters gives you an additional stream of income that creditors may accept as a line of payment. The ongoing nature of rental income staves off bankruptcy while giving you a lifeline to find other sources of income to pay back your creditors. Check the market rates for rentals in your area to see how much your home is worth.
 
Regardless of your situation, income, or equity, if you would like to discuss all of your options for selling your home quickly to avoid foreclosure, contact us online.