Local house sellers have no shortage of options when it comes to getting cash for houses in Houston TX and particularly in this hot real estate market.
Right now everything is selling. All sellers need to do is hang a “For Sale” tag on your front yard and wait for potential buyers to call you… depending on the area and the condition of your home, you may get a half dozen offers above asking price offers before dinner time.
The housing market here in Houston, just like anywhere, is just a function of supply and demand, and thanks to the massive flood disaster in 2017, and fewer homes newer homes being built over the last ten years, it feels like just about everyone from homeowners to real estate investors and agents are having almost no trouble when it comes to selling houses fast – at least in some parts of the local market.
However, even in today’s strong local economy, sellers should have an understanding of who these buyers are and why they would want to pay cash for a house – what is the motivation for buyers to offer to do this?
Investors are looking for appreciation and cash flow when they offer to pay cash for houses in Houston TX, and they understand that the house is probably not going to be in pristine condition. They understand that there will be a significant amount of renovation, finance cost and holding cost, that goes into it. Real investors will be prepared to step in and add value to the property. And all of that sounds great – cash buyers are everywhere, in Houston, right?
Actually nobody everybody offering to pay cash for houses in Houston are actually able to follow through on that promise. And there, sellers should vet their buyers carefully. Have they actually paid cash for other houses locally? What did they do with them? Did they renovate them for resale, like this one here in West Houston that we did, or did they fix them up for rental property?
You do not necessary need to work with the biggest buyers in the local marketplace, but you should at least ensure that your buyer has at least some minimal track record.
Here are a few tips that can help you sell your Houston Texas house for cash in the shortest time possible…
Getting Cash For Houses in Houston TX
There are a few viable options when you’re selling your Houston Texas house for cash in today’s market… and I’ll walk through some options here in this article. Hopefully by the time you get to the bottom of this article you’ll have a fairly clear picture as to the options you can go after to sell your house fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months.
Do not be carried away with emotions
When you are trying to sell your Houston house fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the house, it is quite easy to succumb to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to the task at hand.
Know your competition here in Houston and your neighborhood
While trying to sell their Texas houses fast, most homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some house sellers can wait the 3-6 months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately.
So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell. If you can’t wait that long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your house quickly?
As such, potential buyers will be doing a thorough research in order to find the best house that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively.
Objectively assess your situation and property
It is important that you establish whether your house can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your house before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).
However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at Houston Westside Home Buyers. We buy Houston houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all.
Give us a call at 281-947-5545 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.
Get the pricing right
Many local Houston Texas home sellers fail to sell their houses fast because they are asking for too much. All you have to do is look at all the listings on the MLS featuring terms like “needs TLC” or “investor special” and see all those listings that have sat, and continue to sit on the market for months and months.
Be sure to talk with an experienced real estate agent in order to give your house the right valuation so you know what you may be able to sell it for if you list it with an agent. If you can wait the 3-6 months to sell to a full priced buyer… awesome! Price it high and see what you can get!
If you have to sell your house fast… you’ll need to price your house more attractively and be willing to negotiate on price.
There are several reasons why you may want to get cash for houses in Houston TX. It could be due to a pending foreclosure, a recent divorce or death in the family or the need to downsize to save money. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.
Want to learn more quick home selling tips? Click here. Better still, call us today at 281-947-5545 for amazing cash for houses deals in the Houston area. 🙂
We here at Houston Westside Home Buyers offer cash for houses in Houston. We’re local buyers helping local home owners sell their house quickly with no hassle.
We either hold these houses ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.
If your Houston TX house qualifies, we can you make a quick and fair cash offer.