You need to sell your Philadelphia house fast right? If you’re saying… “I’m having the toughest time selling my house fast in Philadelphia“… you’re at the right place 🙂
These tips will help you get your property sold.
[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like EZ Real Estate Solutions LLC
Selling My House Fast in Philadelphia – Your Options
Lately the financing world has been really screwy. While it is true that interest rates have significantly dropped, lenders change program requirements often, and sometimes at the last minute – and for normal purchasers, that could delay your sale.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property. So when you’re selling a house through a real estate agent to an end buyer you must be prepared that if the buyers financing falls through you will have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us. Often, qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets. That means we can close quickly and we don’t have to wait for a bank loan to come through.
In this current housing market, inventory is extremely low so if there was ever a time to sell, it’s NOW! These current conditions won’t last forever so its best to take advantage of it while the opportunity is here. There has been a lot of talk about a market correction coming soon. Here in Philadelphia there is such low inventory, which means higher demand, which means higher sales prices. So your chances of selling for more than what you expect are pretty high whether you decide to list it or sell to an investment firm like us, which is the fastest way because we will buy with cash.
We deal with homeowners all the time who talk about other important issues when it comes to listing a property on the open market which are…
Sellers usually pay the 6% of the purchase price for commission to agents, sometimes more. Sellers usually pay 2% of the purchase price for closing costs. Part of the buyer’s condition to purchase the property is usually contingent on inspections and an appraisal. Also, if a seller is in a bind, they are usually not in a position to wait for the typical 3-6 month sales process. All of the showings can be an annoyance to the seller if they are still living there or if they just don’t want all of the neighbors to know their business. And of course the repairs that they have to do before selling can be a huge financial burden.
You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan. Working with EZ Real Estate Solutions LLC we can easily provide you with a proof of funds to show that we have the means to purchase your house with cash. We understand that having a peace of mind when selling your house is extremely important so we want to do everything we can to help you achieve that.
If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase. Although earnest money deposit is always deposited at the title company, as long as you stay on top of the dates that you have agreed on with the buyer, you should be able to keep the funds as form of compensation for not performing. Fortunately, we have not had the issue of not performing with sellers so we have not had to give back any earnest money because we actually close!
But how do you get cash offers fast?
You can get a fair cash offer from us actually today. We’re buying properties in the Philadelphia Pennsylvania area, which we’re local to… and we buy Philadelphia houses … then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs it and sell it to someone who loves the house. It is a very simple 4-step process working with us:
1. Enter your information
2. We analyze your property
3. You Get An Offer
4. Prepare To close.
If your local Philadelphia property qualifies, we can buy your house fast, in a little as 14-21 days.