Thinking about selling a property you own? Learn about the best and worst times to sell your house in Mooresville in our latest post!
By looking at historical sales data, it is possible to identify good and poor times to sell your house in Mooresville. If you are able to, avoid listing during times when it is less likely you will find a buyer quickly. Especially if you have an agent put the house in the MLS, every day it sits in there, your Days on Market (DOM) counter goes up, indicating to anyone browsing your listing (or his or her agent) that your house is taking awhile to sell, and is therefore not worth the asking price for some reason, be it condition of the house, junky neighbors, etc . . . Because you have no idea when, if, and how much your house will ultimately sell for, it’s important to sell far in advance of any life changes that would make it difficult for you not to be able to sell your house quickly, such as divorce, buying another house, moving, job loss, etc . . . Below, we offer some tips on when listing your house in Mooresville may not be the best choice.
The Worst Times To Sell Your House In Mooresville
Listing your house is incredibly risky if you are hoping to sell in order to avoid a foreclosure. With a listing, you won’t have a guaranteed sale date which means the bank could take your property before you’ve had a chance to sell it. When you choose to sell your house directly to Property Solutions, LLC, you won’t have to wait around, not knowing when the house will close. We will provide you with a closing date right away, typically within a few short days depending on your preferred schedule. To learn about options available from the government to help you keep your home, check out the NC Foreclosure Prevention Fund.
For Another Investment Opportunity
Listing your Mooresville house when another opportunity is on the table isn’t always a smart idea. By the time everything has been taken care of, you may have missed your opportunity. If you are an investor, you may be out a property, without many comparable options on the table. If the missed property was intended for you, you may find yourself settling for something you don’t like nearly as much. Real Estate is one of the least liquid of asset categories, meaning that it is the hardest to turn into cash. If that needs to be done quickly, you may be certain you will need to sell at a large discount.
If The House Needs Work
Historically, houses that need work before move-in aren’t going to perform as houses that are ready for move-in. Not everybody is looking for a fixer-upper. Many people want to be able to move in and be comfortable in the house right away. They don’t want to spend time and money on a house after making such a large purchase. This will drive a lot of buyers away who are not looking for a “project”, and cause even interested buyers to offer far less than they otherwise would because they know they will face less bidding competition if the property in not in great condition.
Investors and professional home buyers are usually a better audience for houses that need work. By selling your house directly and away from the Mooresville MLS, you’ll be able to find more people who will have an interest in your property. Plus, with a direct sale, you won’t have to worry about commissions, showings, or when the house will sell. Here is some information from the National Association of Realtors (NAR) on Home Renovation Costs.
When You Have Tenants
If you want to list your house with tenants in Mooresville, try to wait until your lease is up. If this isn’t an option, let the tenants know about what is happening, but don’t expect them to be too receptive. When you are trying to show a house, the tenant will need to make sure it’s clean and make themselves scarce. You may be facing an uphill battle if your tenants do not want to move, because they know that the new owner will not necessarily keep them in the property.
This can be a lot to ask from your tenant. Many people who list their house with tenants will offer incentives or even help them relocate to another place in exchange for their cooperation. For many home sellers, they find that selling directly to a company like Property Solutions eliminates all of the frustrations tenants can cause when trying to sell your house or investment property in Mooresville.
You Have To Move Quickly
Life is full of surprises, and some of them come at you alarmingly quickly. There are many reasons why someone may need to sell their house in a specific amount of time. You may need to move for a new job, a school out of town, or maybe a sudden illness has caused you to want to be closer to your family. No matter your reason for wanting to sell your Mooresville house fast, a direct sale to Property Solutions, LLC will offer you a guaranteed closing date while a traditional listing will not.
If you need to sell your house fast, selling without an agent or the MLS will give you the peace of mind you need. No matter why you need to sell, you can always count on Property Solutions, LLC to make you a fair, no-obligation offer.
In any one of the situations listed above, a direct sale will allow you to sell your house quickly without any hassles or costs. If you have a house you need to sell fast in Mooresville, consider selling it directly to Property Solutions, LLC in order to save yourself time and money on the sale.
Everyone says spring and summer are the best months for listing a house, but this really depends on your market. A lot of people put their house up for sale over the summer, hoping to be in a new home before the school year starts. If you are selling in the summer, watch out for a flooded market. When you choose to sell your house directly to Property Solutions, LLC, you will be able to sell at any time of year without having to worry about costs or delays.