Relocating can be a complicated exercise in coordination. We get local Roanoke and New River Valley home owners that talk with us or submit their house info on our website every single week saying “I have to relocate and I need to sell my house Quick!“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Roanoke VA right now!).
There’s a huge amount of details to go through and lots of planning involved, along with the added stress of whatever is making you move in the first place. This could be a new job, a sick family member, or just a change of scenery. Regardless the need to move always comes with a dramatic change.
So how can you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be stuck in a situation where you end up paying the mortgage and expenses to maintain your old property as well as the bills and mortgage involved with your new house. This doesn’t take long to add up to a hefty, unforeseen, and unplanned expense, but it doesn’t have to be that way.
Although the market seems stable right now in the Roanoke and New River Valley, things often change quickly, sometimes overnight. We have heard some serious horror stories over the last couple of decades. Unless you’ve got really deep pockets, you probably can’t afford the stress and financial burden to wait it out.
So what is the best way to make the right choices when you are relocating and need to sell your Roanoke VA house in a hurry?
Relocating And Need To Sell My House Fast In Roanoke… Here are Your Options And First Steps
First…
- Find out exactly what your house is worth: This couldn’t be any easier to do. Just connect with us and we will be happy to provide a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate: This is a big one. I’ve seen professionals who had to move out of state for a new job and had their home listed on the market for well over a year before they finally sold it for a price that was much lower than they had originally thought they were going to get. Decide exactly how fast you need to sell your home… and how long it is that you are willing to keep making the mortgage payments, utilities, and insurance for 2 properties
- Find a solid real estate agent BEFORE you start packing boxes: You need to get the ball rolling now so you don’t waste time when it matters the most. Every month that it takes to sell your home and every month that you wait will continue to cost you money. Or if you don’t want the hassle and expense of using a real estate agent to sell… we are a local honest and respected home buyer and we would love to make you a fast-fair all cash offer. Just fill out this form through this link to get started >>
- Calculate the value of selling your house quickly vs. “waiting it out” and hoping for a dream price: We all want to sell our houses for top dollar. But one thing most people forget to do is come up with the actual dollar amount it will cost to hold onto this house while in a new house. The costs involved include the mortgage (and we know that during the first 10 years of your mortgage your payment is almost all going towards the principle), insurance, taxes, maintenance, lawn care, etc. For example: If you hope to sell your house for $200,000… and your current mortgage payment is $1,200/mo, taxes are $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, unexpected repairs, etc.).Those expenses add up to $1,600/month in expenses that do not build any equity at all. If it takes you 7 months to sell that house through a real estate agent for that $200,000… it will cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (with the standard realtor fees of 6%). Totaling $23,200 in LOST money that you were not expecting. That doesn’t even account for the precious value of your time, the stress involved with thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was much likely closer to $30,000. But, what if there was a way you could sell your house in the next week and avoid all these problems? Even if you sold for a discount below the top dollar price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying all of the holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action now! If you want to go the real estate agent route, great! Find a reputable local Roanoke VA agent. Feel Free to call us and we would be happy to give you recommendations for a great agent. If you’d rather not have to wait and avoid having to pay real estate agent commissions, holding expenses, and repairs… then a quick and painless option may be to sell your house to us 🙂
If you are not in a hurry to sell and think your property is the nicest on the street, you might want to test the market by offering it out at a top dollar or higher price. There’s even a small chance someone might just fall in love and be willing to overpay – people will sometimes do crazy things for love.
In reality, most properties are pretty average. They tend to be similar to the houses around them, in the same way that people who live near each other often have a lot in common too. So unless your property is truly one of a kind, as in magazine-quality or television dream home extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers. Of course this means you will have to be a landlord and receive those calls for problems and repairs at all times of the night.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we can try to renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Wanderlust Home Buyers And How Can We Help You If You’re Relocating And Need To Sell In Roanoke?
We are local investors. We support our families while helping to beautify neighborhoods by buying houses from Roanoke and New River Valley home owners who need to sell fast for a multitude of reasons.
The types of sellers who we usually work with include people that…
- Have to sell in a hurry (its possible to close in just 7 days)
- Don’t want the hassle of listing a property with an agent
- Don’t want to have to pay realtor commissions
- Don’t want to be bothered with having daily unknown visitors looking at their homes
- Can’t sell their house for one reason or another (we buy houses in as-is condition so you dont have to spend another cent on repairs)
- … or a variety of other reasons
But we are passionate people that believe in the Roanoke community.
We are honest and straightforward.
We’ll quote you a fair and honest price, and we can close on your timeline with cash.
If you’re prepared to wait and would rather pay to hire professionals to help, you can manage the sale of your home from a distance. In certain circumstances that risk could even pay off.
We’re happy to answer your toughest questions about your Roanoke real estate, so please feel free to call us at 5404277938 and chat with us anytime.