Anyone suffering a long-term physical illness or looking after a relative with such, will be acutely aware that their needs can vary day-to-day, and month-to-month. Some conditions sadly progress to the point where sufferers need occupational health adjustments or disability aids such as stairlifts, handrails, ramps, or ceiling hoists installed in the home. However, some properties are simply not suitable in size, construction or location to undergo such adjustments. You find yourself in need of selling.
Illnesses That May Require You To Sell Your Home
If you have any of the following conditions, you may have already considered moving to somewhere more suitable, selling to move back in with relatives, or selling your home to pay for long-term care. Sometimes the current home is not suitable to the disability you are facing. There may be stairs or other hazards to your health and well-being that were not a problem in the past. Any of the following illnesses can be a sign that you should consider selling your home.
• Parkinson’s
• Dementia
• Alzheimer’s
• Cancer
• Arthritis
• COPD
• Diabetes
• Asthma
• Epilepsy
• Fibromyalgia
• Lupus
• Cerebral Palsy
• Cystic Fibrosis
• Multiple Sclerosis
• Mood Disorders
Two Options When You Need To Sell Your Lancaster Home Quickly Due to Long-Term Health Issues
If you or a loved one is struggling with one of the above-listed illnesses and need to sell your home, there are really only two good options. You will need to investigate the options, look at the condition of your property and weigh the pros and cons of each option.
Option #1: Secure a Cash Buyer Who Will Buy Your Property Quickly and As-Is
Find a buyer who is ready to make an offer yourself and save the realtor fees. This is called a “For Sale By Owner” (FSBO) strategy. If you are facing a chronic illness or disability, this is not a good situation and the burden of waiting, not to mention the For Sale By Owner difficulties you will face can be overwhelming. Even if you can find a buyer without a realtor, you likely will need to wait for your buyer’s mortgage to be closed by the lender. Often it can take a month to six weeks for a mortgage sale to close. Since most buyers are using mortgages today, you can expect a typical closing time to be fairly lengthy. This is why “cash is king,” as the saying goes.
Selling your home to a cash buyer efficiently removes the burdens which would otherwise stifle your progress. Finding a cash buyer on your own who will purchase your home is difficult at best. We suggest that you reach out to a professional home buying company like Awakened Properties who can make you a cash offer within 24 hours and upon your acceptance close the deal in as little as one week.
Here The Cash Offer Program Works
Typically, the process goes like this, you forego the lengthy process of preparing your house to impress and attract a buyer and instead request a cash offer from a professional home buyer like Awakened. There are no commissions to pay and no open houses to set up. A professional from Awakened will come visit your property, run some comparisons of other properties and present you with a cash offer. You can then decide if you want to accept the offer or move on to option two.
Option 2: Work With A Local Real Estate Agent To Sell Your Home
If you need to sell your home quickly and it is in good condition, you should work with a real estate agent. What exactly do you need from your agent? If you’re on a tight timeline, it’s understandable to be concerned about whether a real estate agent will be able to sell your house quickly enough. Any real estate agent will not suffice. Work with an agent who is known for selling houses quickly. You can do so by looking at market data days and their transaction histories.
Look for an agent who has listings where the days on the market are consistently low. The number of days on the market (DOM) measures how long it takes for a home to sell from the moment it is listed to the time it is contacted by a buyer. If an agent’s average DOM is lower than the area average, it’s a positive sign that they price homes effectively to generate rapid offers and have a strong marketing plan in place for their listings right from the start.
Look for a realtor who has been working in your local market for a long time. A realtor with hyperlocal expertise will be able to more quickly and genuinely emphasize the amenities you’ve grown to adore about your home to possible purchasers. They’ll also be better knowledgeable about the local real estate market and what types of improvements will help your home sell for more money (and which ones would be a waste of money).
Is There Anything Else You Can Do To Help A Realtor Sell Your Home More Quicky Than Selling To A Professional Home Buyer?
Even with a great agent, there are a number of tasks that will help you sell faster. You will want to work with your agent to accomplish these most basic projects that will help attract potential buyers and create a property that is more marketable. These tasks can be tough, but will help your property sell faster.
Declutter — Be Brutal in Your Approach.
Remove shoes, boxes, and stacks of stuff off your flooring to create the illusion of space. Move any items that won’t fit into storage places and reposition bulky furniture. It must go to the storage if it won’t fit in a closet, basement, or garage. Anything that wasn’t put there on purpose should be kept off the counters. When the showings begin, your home must be tidy and arranged at the very least.
Invest in a Cleaning Service.
Investing $250 to $350 for a service to clean your home top to bottom will pay off in a quicker sale. No potential buyers like to visit a home that looks cluttered and unkept. When facing health concerns, it is sometimes easy to let clutter and cleaning slide. This is understandable, so hire a service.
Improve the Appearance of Your Home’s Exterior.
Mow the lawn and create a border around your driveway and plants. Pull out huge weeds and use weed killer on any undesired plants that have sprouted up through cracks in the cement, being careful not to harm healthy flowers. Make a trip to Home Depot for mulch and liberally apply it to any plant beds that require it. For a nice first impression, clean your front doorway with a pail of soapy water to remove cobwebs and grime off your door, entry lights, and mailbox.
A Major Difference Between The Two Options
The major differences between these two options often are the time and work involved in selling, and the cash you can get for your property. If you have a new property that will not require a lot of time and effort to sell, then selling through a realtor is probably going to get you the most money. If, however, your property is older, then even though you may get a little more money through a realtor, the time and energy involved in your current life situation, may not make the extra money worth it. In this case, option 1 of selling to a professional home buyer like Awakened Properties is the way to go.