“Should I sell my house for cash in St. Louis” is a question that local homeowners face any time they are considering moving on from their home. If you are wondering whether putting your home on the real estate market or choosing to sell your St. Louis house for cash as-is is the right option for you, you will want to carefully consider two factors:
Why am I looking to sell my home in St. Louis?
There are many reasons you might be looking to sell your home, and what that reason is may influence how you want to go about selling it. For instance, if you are relocating to another city or state for professional purposes, it may be critical that you move within a matter of weeks, meaning that you don’t really have time to wait for a realtor to list your home, show it, find buyers, and work through the offer & closing process. Those tasks are too difficult to manage when you’re in another area, and you will need to focus your energies on your new professional responsibility, not on the progress of selling your residence.
Perhaps you have inherited the home you are looking to sell. As with relocating for professional reasons, you might find yourself in a different place geographically than where the home is located, so working with a realtor is not an ideal option. Or it might be that because of the heavy tax burden that comes with an inherited house, you simply need to sell the home quickly in order to get cash back.
There are many other life events which might make selling your St. Louis home as-is the right choice for you. If you are going through a divorce, you and your partner might choose to sell your home as-is to divide assets quickly. IF you’re dealing with a lost job or a lost loved one, it may be important that you sell your home right away so that you can move into a more affordable residence. If you’re facing foreclosure or are simply behind on bills, selling your St. Louis home as-is can help you get the money you need to resolve your debts.
These are just a few examples of scenarios in which you might determine that an as-is sale is the right option for you.
How long am I willing to wait to sell my St. Louis house?
One of the key differences in selling your home as-is versus selling your home through a real estate agent is the length of the process of each approach.
There are many steps involved in using the realtor route. First, you’ll need to find a realtor. You’ll want to spend extra time talking to realtors in order to find one who truly knows your area. Understanding what your house can realistically sell for, what other houses around you have sold for recently, and how fast they sold will empower a realtor to help you determine the right sales price and to set your expectations for the entire process.
After you have talked to a few realtors and found the right one for you, the next step will be getting the home ready. Including getting rid of any excess clutter and generally make sure that when a potential buyer walks through your home, he or she has no reason not to want to purchase.
That work alone could, and often does, take weeks and then you’re then looking at anywhere from weeks to months for prospective buyers to schedule visits, attend open houses, and decide whether they want to make an offer on your home.
After a possible buyer has determined that they want to buy your home, they will then work with their real estate agent to prepare an offer. The offer will often involve some negotiation, so you may find yourself spending more time haggling over purchase price, additional repairs, closing costs, and other factors.
Upon completing your negotiations, you will then set a closing date and if all goes well with financing, you’ll have your sale completed several weeks later. Overall you’ll have spent months in the selling process.
But when selling your St. Louis area home as-is, the process is much faster. You will begin by setting a consultation with one of our home buying-experts. They’ll make an offer within around 24 hours of visiting your home. Then we will use our relationships with reputable area closing costs to close quickly and pay you cash for your home.
If you don’t have months to wait to sell your home, and you want a deal that is not top dollar but doesn’t insult you, then selling your property in St. Louis as-is might be the solution you are looking for.
Call us today to get started at 314-926-0660, or fill out this form in order to share your information with one of our friendly local home buying experts.