Today, you are going to learn exactly how to sell your house fast in 2020.
And the best part?
You’re going to be able to know exactly the right way for you to sell your house fast.
Let’s get started…
Step #1: What sells a house fast?
Step #2: How can I get my house ready to sell fast?
Step #3: What is the best time to sell a house?
Step #4: How do you sell a house by owner quickly?
Step #5: How do I make my house sell for more?
Step #6: How do I sell my house fast in a slow market?
Step #7: What is the cheapest way to sell your house?
Step #8: Who will buy houses for cash?
Use the Zillow Home Value Index and market temp tool to see what is expected for your city or zip code in the coming year. While it is not a perfect crystal ball, it does give a general idea of the direction of your specific real estate market given the data available at this time.
As you can see from the chart below, housing prices in Los Angeles started going up again around 2012. And even with the downturn from 2007 to 2010, you can also see how well California home prices have done in the long run. Do you see the far right end of the graph? Do you see the leveling off and a slight decrease in prices? That is what you need to start researching for your own knowledge so that you can make the most objective decision on when to sell a house.
Let’s say you’ve found a buyer for your house. Are you finished? Is it sold? Absolutely not. In order to sell your house fast, you need to make sure that the escrow period is as short as possible. Traditional sales that include a conventional mortgage can take 30 to 60 days from the time you sign the sales contract until the close of escrow. So, pay attention to the agreed-upon time frame.
If your buyer is getting a mortgage or loan on the property, then you will be at the mercy of the lender’s underwriting process. There will be an appraisal that is ordered, scheduled, completed, and reviewed. The appraisal process alone can take 3 weeks from signing of the contract.
Typically, in California, the buyers will have a standard 17-day inspection period. Luckily, you can request fewer days during the negotiation phase.
Believe it or not, you can be the one that delays escrow closing. There is documentation that you will need to have ready when selling your house, whether it’s a quick sale or not. First, ownership needs to be verified. Do you have all the appropriate documentation? Trust, death certificate, divorce decree, etc. If there’s a quit claim deed, most likely the title company will want new signatures.
Also, in most real estate sales, you, the seller, will need to provide the buyers with disclosures, letting them know everything that you know about the property, the good, the bad and the ugly. This could be from a leak that was fixed to a crack in the foundation, to being able to hear the train a couple of blocks away. Having documentation to back it all up can be helpful, too. A word of warning, make sure you always disclose what you know. There have been plenty of lawsuits because of sellers lack of disclosure to buyers.
Do you need to move after the house is sold? That can require some looking and research, as well as time to coordinate. Make sure you have the move planned ahead of time because it can take time to do all of this. Moving is not fun, so it tends to take longer than expected. And, most of us have way more stuff than we think. Sorting through it all and packing it takes time and can be exhausting. So, again, plan accordingly.
- clean the house – make a cleaning checklist and follow it
- clean up the yard
- get rid of junk
- arrange furniture for showings (DIY staging)
- make all the small repairs (leaky faucets, roof patch, broken switches, etc.)
- paint interior and exterior (do it yourself if you don’t have the money to hire painters)