Relocating and need to sell your house fast in and around the greater Greater New Orleans Area area? This can be a complex and challenging process that requires careful coordination and planning. Every week, we receive inquiries and submissions from homeowners in Greater New Orleans Area who need to sell their houses fast due to relocating. The great thing is that we specialize in buying houses in and around the Greater New Orleans Area, LA area, and we have been able to assist numerous sellers just like yourself with selling their properties quickly.
Relocating to a new location often comes with significant life changes, whether it’s a new job opportunity or the need to take care of a sick loved one. It’s important to navigate this challenging situation effectively and carefully to avoid unnecessary stress and expenses. Below are a few tips and steps you can take when you are relocating and need to sell your house fast in and around the greater Greater New Orleans Area area.
Don’t Stress – Stay Organize
One crucial aspect to keep in mind when you’re relocating and are under pressure trying to sell your house fast is to avoid unnecessary stress and financial burdens. Owning and maintaining a vacant house for an extended period can be costly and impractical if you’ve relocated and have not sold your house. While the current real estate market in the Greater New Orleans Area area is relatively stable, it’s important to remember that market conditions can change rapidly. Over the years, we have heard many unfortunate stories of homeowners who waited too long to sell their houses and ended up settling for significantly lower prices. Unless you have substantial financial resources, it’s generally not a good idea to wait indefinitely.
So, how can you make the right choices when you need to sell your Greater New Orleans Area, LA house fast due to relocating?
Your Options And The Steps You Can Take
- Determine what your house is worth: First and foremost, determining the market value of your house is crucial. You can achieve this by consulting a reputable real estate agent or by reaching out to us for a complimentary, no-obligation property valuation. This valuation will provide you with an average price range of what your property is currently worth based on recent comparable sales in the area and realistic understanding of how long it might take to sell your house if priced appropriately.
- Decide how fast you need to sell your house after you move out: Once you have a good understanding of your house’s current market value, you need to decide on the timeline for selling your house after relocation. This decision carries significant weight. We have witnessed instances where professionals who moved out of state for a job had their houses on the market for over a year, ultimately selling for much less than anticipated. Assess how quickly you need to sell your house and how long you can manage multiple mortgage payments, insurance costs, and other expenses.
- Find a solid real estate agent BEFORE you start packing boxes: If you choose to work with a real estate agent, it’s advisable to find a reputable local agent in the Greater New Orleans Area, LA area before you start packing your belongings. Initiating the process early will help you avoid unnecessary delays. However, if you prefer a faster selling process without involving an agent, we, as a reputable local house buyer, can provide you with a prompt and fair all-cash offer. No matter what you decide, we can help! Simply fill out the form on our website to kickstart the process.
- Do the math to compare the cost of selling your house fast vs. “waiting it out” for a dream price: It’s also important to calculate the value of selling your house quickly versus waiting for your desired price. Naturally, everyone aims to sell their house for the highest possible amount. However, it’s often overlooked that holding onto a property comes with significant costs. These costs include mortgage payments, insurance, taxes, maintenance, and more. Let’s consider an example: Suppose you want to sell your house for $200,000. If your monthly mortgage payment is $1,200, taxes amount to $200, insurance costs $100, and maintenance expenses total $100 (for lawn maintenance, repairs, etc.), your monthly “non-equity building” expenses would add up to $1,600. If it takes seven months to sell your house through a real estate agent, you would incur $11,200 in direct holding costs, along with $12,000 in real estate agent fees (assuming 3% for the buyer’s agent and 3% for the seller’s agent). Therefore, the total cost to you would amount to $23,200, not accounting for the value of your time, the stress associated with having the property sit on the market, the opportunity cost of the money tied up in the property, and other factors. In contrast, selling your house quickly, even at a slightly discounted price, can save you significant expenses. For instance, if you were to sell your house next week for a discounted price of $175,000, you would still come out ahead compared to waiting seven months for a full-price sale. In the latter scenario, you would incur holding costs of $11,200 and pay $12,000 in real estate agent fees, totaling $23,200 in lost money. By selling your house quickly, you can avoid these expenses and potentially save even more.
- Get to Work: Ultimately, the key is to take action. Once you have made your decision, whether it’s working with our highly recommended real estate agents or selling to a local house buyer like us, it’s important to move forward and initiate the process. Whether you choose the real estate agent route or prefer a faster and more streamlined approach, we are here to assist you!
If you have ample time and a remarkable property, you might consider testing the market by listing it at a higher price. There’s always a chance that someone may be willing to pay a premium for a property they fall in love with. However, it’s essential to keep in mind that most properties are average and tend to align with the prices of similar houses in the area. Pricing your property too high may result in missing out on potential buyers and prolonging the selling process.
Additionally, you can explore creative solutions to bridge the gap between your relocation and the sale of your property. For instance, you may consider marketing your property for both sale and rent simultaneously to gauge the response. In certain cases, we may even partner with property owners to secure lease-option agreements, where qualified purchasers rent the property for a specified period before buying it. Alternatively, we can assist in renegotiating a loan, making monthly payments, or facilitating a short sale with a bank. Our aim is to provide tailored solutions to help you navigate complex situations effectively.
How REvitalize Property Solutions LLC Can Help You If You’re Relocating And Need To Sell Your House Fast In and Around the Greater Greater New Orleans Area Area
At REvitalize Property Solutions LLC, we are investors who support our families and contribute to the improvement of neighborhoods by purchasing houses from homeowners in Greater New Orleans Area who need to sell quickly due to various reasons including relocating. We understand the unique circumstances that may lead to the need for a fast sale, and we are here to help. Our approach is honest, straightforward, and focused on providing you with a fair price and a fast closing process with cash.
Or if you have the financial means and are willing to hold out for the highest offer possible for your property, enlist the help of our real estate professionals to help manage the sale of your property. However, it’s crucial to weigh your personal risks and benefits associated with such an approach.
We are here to assist you and provide answers to your toughest questions regarding your Greater New Orleans Area area real estate. Feel free to reach out to us at 504-621-1729 to have a chat. We are passionate about helping people solve complex problems, and we would be more than happy to support you during this transition.
