If you’re looking to sell your house in Portland-Vancouver, there are a few little-known ways to get the job done that you might not have considered, with one of these being a ninja way to use owner financing. Sure, you could call a realtor to sell your house and pay all those fees and commissions, but the traditional real estate market is not a perfect fit for every property or seller, for that matter.
The standards for listing homes have evolved; staging properties and high-quality pictures taken by a pro that highlight every detail are commonplace. If your home does not look like new, the MLS may not be a perfect fit. Typically, homes in less than optimum condition linger on this market and garner low offers, as the majority of buyers here are looking for a property they can immediately occupy, decorate like something they saw on HGTV and start enjoying.
Here are three alternate ways to sell your house:
Owner Financing/Lease Option
FSBO (For Sale By Owner)
Direct to Cash Buyer Sale
Read on as we explore three unconventional ways to sell your house in Portland-Vancouver.
Owner Financing/Lease Option
This one can be confusing to some, as there are many options one could owner finance a property sale to sell your house. But for this article lets stick with the most well-known option, lease option…aka rent to own.
If you happen to find yourself in a position to offer owner financing/ rent-to-own opportunity, this may be a great opportunity to be the bank and sell your house quickly in Portland-Vancouver. With this sales method, you may make a bit more profit on the sale of your home over the long term.
For the trouble of holding onto the property and providing the opportunity to your buyers, you can sell at market rent, get a price that works for both sides and not have to deal with tenants ever again. Typically, a lease option contracts can include an extra monthly payment towards the down payment in addition to the potential buyers taking care of any repairs. As a result, the buyers enjoy a homeownership experience while you realize higher profits on the sale.
Were you to sell your house to an investor like us at Bridgetown Home Buyers, we would be the ones responsible for the lease and the maintenance. A lease option if used correctly can make a house sale a very easy and smooth sale for all involved.
FSBO (For Sale By Owner)
Another unconventional way to sell your house in Portland-Vancouver is to prep, list, and market the property yourself, saving the commissions for yourself. Regrettably, only about 11 percent of those homeowners who select the sales method are successful. Should you choose this route, you must understand that the primary job of a real estate agent is to market your home. To compete against other listings, you will need the same prep work, high-quality digital photography, and online exposure for the same results.
Additionally, these sellers typically value their home using less than conventional means, and when the price is not right, the sale just does not happen. Overpricing your home can cause it to sit because the tech-savvy buyers of today are fully aware of how much house they can buy for the amount you’re asking. Underpriced homes sit because these buyers are left to wonder what is wrong that is unseen in the listing. Most importantly, it is essential that you fully understand the laws regarding disclosure and the consequences of neglecting this aspect of home sales.
If you do choose to sell your house for sale by owner and it doesn’t sell as expected, you may want to give the owner financing/lease option route mentioned above a try.
Direct to Cash Buyer Sale
One of the most unfamiliar of these ways to sell your house in Portland-Vancouver is the direct to cash buyer sale. For homes that don’t fit the conventional method, or owners in a hurry, a direct sale is a time and money-saving solution. When working with a direct cash buyer like Bridgetown Home Buyers, waiting for buyers, cleanings, showings, and marketing expenses all go out the window; you can bypass the long, drawn-out listing process and keep all the money you would have spent prepping in your pocket.
Not to mention the dread repairs, well, you can forget all about the hassles and expenses of repairs when you work with Bridgetown Home Buyers; we will be buying the home in as-is condition. As a result, direct buyers like us take the risk off your shoulders should any problems be discovered after the sale.
Added to these benefits is the flexibility of setting the closing date around your schedule; we usually close in 30 days or less or hold off until you’re ready. If you’re considering an unconventional way to sell your house and don’t want to sell with owner financing or fsbo in Portland-Vancouver, why not talk to an expert at Bridgetown Home Buyers first. One of our home buying specialists will detail each process step by step, taking the time to listen to any of your concerns, so you can decide what is best for you.
Sell Your House….Contact Bridgetown Home Buyers today at 503-765-9326.