Challenges faced by out-of-state owners
Selling a home is a very stressful process, and selling it from out of state can send the stress levels off the charts. Aim High Properties shares the challenges that out-of-state owners face when selling their homes. The blog also offers a simple solution to make the selling process fast, fair, and hassle-free.
Some of the reasons out of state owners sell their homes are:
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Relocated for work
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A deceased relative has willed the house to the new owner.
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The home seller is the executor of an estate.
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A parent living in the house is moving to residential care.
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A home seller is married and plans to sell the house and move elsewhere.
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An amicable divorce requires the two parties to dispose of the assets. quickly
Whatever the reason may be, when selling a home from out of state, home sellers must consider the following factors:
1. Hiring a Real Estate Agent or Broker
Real estate agents can manage the complete sales process for the house. They will most likely charge a commission of about 6% on the final price instead of an upfront fee. Homesellers will need to interview the agents before choosing one and give home selling instructions.
2. Preparing the house for sale
Besides a real estate agent or broker fee, various other expenses will need to be looked at:
a. Repairs
Before the potential buyers visit the house, the house will need to be inspected for any necessary repairs. From dripping taps leaking roofs to dents in the wall, out-of-state owners will need to hire someone to manage these repairs.
b. House clearance
An inherited house may be stuffed with many belongings that have no value. Hiring a junk clearing company to empty the house is a possible cost.
c. Decorating
A DIY decoration project may not cost much, but it gets tricky when the owner is out of state. Out-of-state owners may choose to travel to the house to decorate, or they may instead hire someone else to complete the task. Time, money, and effort will need to be invested.
d. Staging
A staging event by the real estate agent or brokers helps get a buyer and a reasonable price. But it also means overheads such as a professional coming to the house to arrange it and furniture rental. To stage the best, owners may also need to spend the best penny.
3. Overhead costs
Even a new home in a prime condition would need some basic tending to when it has been lying vacant:
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Vacant house insurance will cover the house from possible fire, hail, wind, lightning, storm, or water intrusion. Coverage for vandalism and theft can also be added.
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Utility bills – Although disconnecting utilities in vacant houses is possible, it is not advised.
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Maintenance – Depending on the season and the age of the house, owners would need to maintain the curb appeal of the home with grass cutting, weeding the beds, and so on.
Selling a home from afar is possible. But it takes time, a lot of time. And many phone calls and emails to the person managing the sale. The costs may continue to pile up and eat up the house's equity.
Instead, out-of-state owners can quickly sell their houses for cash and without any hassle. Contact Aim High Properties for an expert house buyer who will visit the house and make a quick cash offer for the home as-is. No repairs, no staging, no negotiations, no commission, no delays!
Why Aim High Properties, LLC?
With its extensive knowledge of the business, the network of resources, and years of expertise, Aim High Properties has been helping homeowners with various real estate problems. Why should home sellers choose Aim High Properties?
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A one-on-one relationship with customers to handle their unique situations
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Ability to directly purchase homes and make cash offers
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It offers an extremely fast, and hassle-free transaction
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Purchases property as well as sells homes directly to buyers.
Besides these advantages for home sellers, Aim High Properties offers wholesale property deals and investing opportunities for private money lenders. It also partners with agents to discover the best property deals in the area.
If you are looking for cash buyers or looking to sell your house fast in Cinnaminson, call (856) 861-6000 or email at info@aimhighprops.com.
