Relocating and need to sell your house fast in and around the New Orleans? This can be a complex and challenging process that requires careful coordination and planning. Every week, we receive inquiries and submissions from homeowners in the New Orleans who need to sell their houses fast due to relocating. The great thing is that we specialize in buying houses in and around the New Orleans, Louisiana, 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 New Orleans.
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 New Orleans 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 New Orleans, Louisiana 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 New Orleans 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:
Consider the cost of selling your house quickly versus waiting for a higher price. While everyone wants to sell their house for the maximum amount, the costs of holding onto a property, such as mortgage payments, insurance, taxes, and maintenance, are often overlooked. For example, if you aim to sell your house for $200,000, but your monthly expenses total $1,600, and it takes seven months to sell, you would incur $11,200 in holding costs and $12,000 in agent fees. This totals $23,200, excluding the value of your time, stress, opportunity cost, and other factors. Conversely, selling your house quickly, even at a discounted price of $175,000, can save you these expenses. In this case, you would avoid the $23,200 in costs from the previous scenario, potentially saving more by selling quickly. - 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 Can Help You If You’re Relocating And Need To Sell Your House Fast In The New Orleans
At REvitalize Property Solutions, we are investors who support our families and contribute to the improvement of neighborhoods by purchasing houses from homeowners in the New Orleans 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 New Orleans 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.
