You may spend your whole life building your empire only to decide to get rid of it all at retirement. You are not alone. The current trend for homeowners old and young is to downsize and move into a smaller house. If you don’t want to go through the hassle of listing your property on the market, there are ways to sell your house fast in Kansas City, Missouri.
If you have a significant amount of equity in your property, then working with a company that buys houses can help you get a fair price at a healthy percentage of its value. You can avoid all the costs associated with a traditional sale, allowing you to coast into retirement much easier. Let’s take a closer look at how you can downsize and sell your house for cash in Kansas City, Missouri.
You may be wondering about when you should downsize your house or how to downsize your house. The answer to that question depends on several factors. If you have raised your children, and they have moved out, there may no longer be a need to pay for the expenses associated with maintaining a larger home.
However, before you downsize, you need to consider the costs, such as:
Listing your house and selling it on the market is expensive. All these expenses eat into your profits, causing you to question why you are selling your house. Expenses may include:
This is just the tip of the iceberg. You may discover a variety of hidden costs over the long period that it takes to close with a buyer.
If selling your house is expensive, the cost of moving can also be pricy. You’ll need a new place to live. Plus, you’ll need to move all of your belongings. If all the expenses that you paid selling your house ate into your profit considerably, then you may have to settle for a cheaper house and a cheap moving service.
Contrary to popular opinion, not all house appreciate in value. The housing market can plummet during a poor economy, leaving you upside down in a mortgage or having to settle for less than what your house was once worth. If you incur numerous expenses when selling your home on the market, you may believe that it’s not even worth it to sell your house.
However, there may be a solution to a traditional sale or a for sale by owner (FSBO) that helps you eliminate these costs and possibly puts more money in your pocket.
You have probably seen signs around Kansas City that read, “We buy houses in any condition.” Or “We buy houses as-is.” If so, who are the people that post the signs? More importantly, how do they help you if you want to downsize your house?
A local cash home buyer is someone who assesses the value of your property and makes a fast cash offer based on a percentage of your property’s value. A local buyer who understands the real estate market in your area will give you a fair offer that may actually put more money in your pocket than going through a realtor.
Here’s what you need to know about local house buyers in Missouri:
As a retiree, you hope to make some choices about the way you want to live and what type of home you want to live in. Your choices begin by finding the right house buyer who can make a fair cash offer for your property. With all the hassle associated with going through a realtor, selling your house to an investor may be a smarter alternative.
There are several benefits when you sell your house for cash, such as:
According to Zillow, it can take 60 to 90 days to sell a house. This is assuming that there are no major setbacks and that the buyer can get approved for a mortgage. Any problems could cause serious delays in selling your house. In a poor economy or housing market, it could take you more than six months to sell your house.
Getting your house ready to sell can cost you thousands of dollars. For instance, roof repair can cost between $7,000 and $15,000. A kitchen remodel may run you $5,000 to $10,000. Replacing your windows can easily cost up to $10,000. Even with a healthy ROI, you may still be out thousands of dollars in order to attract buyers.
When you sell a house for cash, you can bypass realtor commissions, marketing costs, closing costs, and other associated fees. This is a far better option than listing your house and paying all the fees and expenses. A local house buyer simply schedules a quick walkthrough, makes an offer and closes in only a few weeks.
At Rex Buys KC, we buy houses for cash. We pay all closing costs and do not charge any fees. Our company purchases property as-is and put cash in your hands in as little as 30 days. Call one of our local cash home buyers today at 816-895-2999 and schedule a quick walkthrough with one of our house buyers in Kansas City, Missouri.
At Rex Buys KC, our investors work with house sellers throughout key areas in Missouri and Kansas. Many of our sellers come from the following areas:
|Kansas City, KS
|Kansas City, MO