Relocation is a complex and stressful process. Every week, we have Cortland homeowners calling us or submitting their house info on this website who are relocating and need to sell their homes quickly in Cortland. The good news is that we can help a many of these sellers sell their house quickly, because we’re actively buying houses in Cortland OH right now!
Relocation often comes with a myriad of details to manage and the stress of a significant life change, such as a new job or caring for a sick relative.
Here’s how to make the most out of a challenging situation:
Don’t Agonize – Organize
You don’t want to find yourself paying to own and maintain a vacant house for years. That can be costly, but it doesn’t have to be that way. Even though the market is relatively stable in Cortland right now, things can change quickly. We’ve heard many horror stories over the years. Unless you’re very wealthy, you likely can’t afford to wait it out.
So, how do you make the right choices when you need to sell your Cortland OH house fast?
Your Options and Steps for Selling Fast in Cortland…
- Find Out What Your House is Worth
Contact a reputable real estate agent or connect with us for a no-cost, no-obligation valuation of your property. Knowing the market value of your house sets the basis for your selling strategy. - Decide How Fast You Need to Sell
Determine how quickly you need to sell your house after relocating. This decision is crucial. Some professionals move out of state and keep their house on the market for over a year. eventually selling if for much less than they hoped. Decide how long you’re willing to keep paying for two mortgages, insurance, and maintenance. - Find a Real Estate Agent Early
Start the process before you begin packing. Every month you wait to sell your house in Cortland costs you money. Alternatively, if you prefer not to use a real estate agent 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 Fast vs. Waiting
We all want to sell our houses for as much as possible. However, it’s important to consider the costs of holding onto the house, such as mortgage payments, insurance, taxes, and maintenance. For example, if you’re within the first 10 years of your mortgage, most of your payment goes towards interest rather than principal.
Let’s say you want to sell your house for $200,000. If your mortgage payment is $1,200 per month, taxes are $200 per month, insurance is $100 per month, and maintenance costs $100 per month, your total monthly expenses are $1.600 in “non-equity building” the costs. If it takes 7 months to sell the house through a real estate agent for $200,000, it will cost you $11,200 in direct holding costs. Additionally, you would have to pay $12,000 in real estate agent fees (assuming 3% for the buyer’s agent and 3% for the seller’s agent), totalling $23,000 in lost money.
This doesn’t even account for the value of your time, the stress of having the property on the market, and the opportunity cost of what you could have done with that money during those 7 months. So, the real cost to you is likely closer to $30,0000.
But what if you sold your house next week and avoided all of that? Even if you sold for a discount below the retail price, say $175,000, you’d still be ahead by selling the house NOW at a discount to a home buyer like our company versus waiting 7 months to sell at full price (and incurring holding costs and real estate agent fees). - Take action!
Decide on your selling strategy and take action. If you choose the real estate agent route, find a reputable local agent in Cortland OH. If you prefer a quicker sale without commissions, selling to use might be a viable option.
If you have plenty of time and a fantastic property, you might consider testing the market by listing it at a high price. There’s a small change someone might fall in the love with it and be willing to overpay – people do crazy things for love.
However, most properties are fairly average and similar to those around them. Just as neighbors often have much in common, so do their houses. Unless your property is truly exceptional—like something out of a magazine—you won’t capture the highest price by setting your asking price at the top of the market.
Another strategy is to market your property for both rent and sale simultaneously to see which option works out first. This requires careful management of the process, which can be challenging even for experienced real estate brokers.
In certain situations, we can partner with property owners to secure lease option agreements, where qualified purchasers rent the property for a set period before buying.
We enjoy helping people solve complex problems. Creative solutions can bridge the gap to get you where you need to be.
Who Is Lakeview Home Solutions And How Can We Help You If You’re Relocating And Need To Sell In Cortland?
We’re investors who support our families and beautify neighborhoods by buying houses from Cortland homeowners who need to sell fast.
Sellers who work with us often:
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for various reasons (we buy houses as-is)
- …and many other reasons
We are passionate about the Cortland community. We offer fair prices and can close fast with cash.
We’re honest, straightforward, and easy to work with.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait to hire professionals, managing the sale of your property from a distance can sometimes pay off.
We’re happy to help answer your toughest questions about your Cortland real estate, so please feel free to call us at (866) 863-2552 anytime to chat.