I’m Moving And Need To Get rid of My Home In Minneapolis , Minnesota
Trying to sell My Minneapolis Home- relocating
Relocating can be a sophisticated exercise in planing and coordination. Every day local Minneapolis home sellers call us and/or fill out a form on our website saying- I’m moving and want to sell my home in Minneapolis asap. The good thing is that we’re able to help most of the sellers get rid of their property quickly (because we’re looking to buy houses to retail, wholesale, and/or rent to own buyers in Minneapolis !).
There’s an insane amount of details to keep together when relocating, plus the stress of whatever is making you move in the first place – often it’s a job transfer or a sick relative… whatever the motivation to move, it always comes with a sensational change in circumstances.
With that said, how do you conquer of a difficult situation?
Don’t Fret – Organize!
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t need to.
Although the market is relatively stable right now in Minneapolis , things can change in the blink of an eye. We’ve heard some extreme horror stories over the past couple of decades. Unless you’re stinkin’ rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re moving and really need to sell your Minneapolis house quickly?
Moving And Have To Sell My House Easily In Minneapolis – Your Options And Steps
First- Find out what your house is worth: To do this you can speak to a reputable real estate broker or connect with us, Glymph Properties, and we can give you a no cost, no obligation valuation on your property. Once you know what the house may be able to be sold for in the current market, that sets the basis for how long you may have to hold it, what you may have to sell it for, and whether or not you’d be able/willing to sell the house for what the market will pay.
Decide how easily you must sell your home after you move:
This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much, much, much lower price than they expected. Decide how fast you need to sell your house, and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
Find a good realtor BEFORE you start packing your stuff:
Be the early bird… get the worm- Start early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house costs you money. Let the thought of paying more holding costs like 2 sets of property taxes spur you to action. Or, if you don’t want to use a real estate broker to sell, we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
Calculate the value of selling your house fast vs. waiting it out for a dream price:
We all want to sell our homes for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. Think about it… time, money, patience, opportunity, and other valuable resources spent trying to squeeze every cent out of the deal. Let’s walk you through what that would look like. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgagemost of your payment is going to the mortgage interest and very little if any is actually going to the principal), insurance, taxes, maintenance, etc. Let’s say you want to sell your house for $200k, and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in non-equity building expenses. If it takes you 7 months to sell that house through a real estate agent for that $200,000- it cost you $11,200 in DIRECT holding costs plus you had to pay $12,000 in real estate agent fees (that’s assuming 3% for the buyers agent and 3% for the sellers agent).At $23,200… waiting to sell your home for the perfect price is no small drop in the bucket and a large pill to swallow in hindsight. That same pill is even harder to swallow if you knew about it beforehand and still decided to go the “normal” route. Keep in mind- that $23,200 figure doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the lost nights of sleep wondering when an offer would come in, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc.
So the real cost to you was likely closer to between $30,000 to $40,000. But, what if you were to sell your house next week and avoid all of that? No headaches, no lost income, no missed opportunities due to being financially constrained from paying 2 sets of everything. Imagine… even if you sold for a discount below the retail price (lets say- $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like me vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reliable local Minneapolis agent. If you’d rather not have to wait and not have to pay real estate agent commissions then a sensible option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a fantastic property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay… people do crazy things for love.
Whether sellers will admit it or not…most properties are pretty average in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly excellent, as in magazine-quality extra-special, you won’t get many offers if you offer your house at the highest possible price..
When it comes to “Winning in Real Estate” you can sell your property, rent your property, and option your property. What do we mean by “winning”… it depends on your situation, but the best definition would be using real estate to solve a problem. Being responsible for the property could be the problem and owning it, and its associated taxes/payments, can be a problem. You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers. In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying. In lease options you get monthly income as well as a buyer. In other cases, we may help renegotiate a loan, help make monthly payments, or conduct a short sale with a bank. Renting your house can cover ownership expenses and optioning your property has the perks of releasing you from liability while maintaining ownership. Using your property, there’s a solution to just about every problem.
We love helping people solve complicated problems. Creative solutions can bridge the gap to get you where you need to be. If you only want cash we can help you. If you just want to get rid of the responsibility of having another problem we can help you. If you want to rent and/or rent-to-own your property we can help you. Talk to us… give us a call, fill out a form online, or send us an email- tell us your problem and we’ll help you to find a solution using your property.
Who Is Glymph Properties And How Can We Help You If You’re Moving And Need To Sell In Minneapolis ? We aren’t realtors… We’re investors. We support our families and beautify neighborhoods by buying houses from Minneapolis home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
Need to sell fast (we can close in as little as 7 days if you need us to 😉
Don’t want to stress with listing a property with an agent
Don’t want to pay real estate broker fees
Can’t sell their house for one reason or another (we buy houses in as-is condition)
– or a variety of other reasons
But we’re passionate people, and we believe in the Minneapolis community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Minneapolis real estate, so please feel free to call us at 888-509-6267 Ext 4 and chat with us anytime.
We buy real estate in: 55401, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55414, 55415, 55417, 55418, 55419, 55454.
Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for a Fair Cash Offer
***********************************************************************************************************************Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 for a Fair Cash Offer
Free rent-to-own resources!