What To Do If You Need To Sell My House Fast ASAP In Atlanta
What Is Your Situation?
Selling Your House Facing Foreclosure
You’re up against a timeline here.
If you don’t sell your house fast, the bank is taking your house back.
It’s you against the bank.
And they will evict you and kick you out of the house.
Whether you have 2 months or 2 weeks before foreclosure, you need an experienced investor.
What to look out for here…
You will want an investor with a massive cash buyer list.
And someone who actually buys foreclosure homes in Atlanta.
Selling During a Divorce
No one plans for divorce.
But it happens.
With 50% of married couples facing a divorce, it’s actually quite common.
That doesn’t make it less crappy, though.
When dealing with the cost of a divorce in GA AND selling your house, you need a Realtor or an investor who is empathetic.
Especially if you are filing for divorce with kids.
You have some questions that you need to answer with your spouse.
When do you need to be out of the house by?
Who will pay for repairs?
Who will clean the house?
Who will pay for storage during the move?
Who will hire and manage the contractors?
Who will choose the Realtor?
Who will negotiate and choose the final offer?
Atlanta Realtors and Divorce
You can wait 3-9 months to sell your house.
You can afford to make repairs.
You need to squeeze out all the profits.
You and your spouse are on agreeable terms.
Atlanta House Buying Companies and Divorce
Selling Your Rental With Bad Tenants
without you making any repairs
and evict the tenant ourselves
without seeing the inside (sometimes tenants won’t let us in)
Selling An Inherited Property
Everyone thinks that inheriting a house is great.
That is until you inherited a house that’s not had repairs in 20 years.
Or your family member was a hoarder and now you have 15 dumpsters worth of stuff to throw away.
Or you live 5 states away.
Really, it’s just starting to sound like an uphill battle to me.
I imagine that the best-case scenario is that you inherited a house that’s been renovated in the last ten years and has been well maintained.
But not everyone is that lucky.
Some of us inherit problems.
(I know my mom’s house will be one of these types of homes. I try to sneak out a bag of junk each time I visit. It’s not helping.)
If you are facing any of these problems it’s best to work directly with an investor.
When you sell an inherited house to an investor, they will buy the property as-is.
You don’t have to haul away junk.
You don’t have to make repairs.
You don’t have to spend weekends maintaining the property.
You get to sell it and be done.
That’s the perks of selling to an As-Is Home Buyers.
When you sell with a Realtor, it’s quite the opposite experience.
Selling Before Bankruptcy
Are you behind on payments and struggling to catch back up?
Selling your house may be your only option to get current on your payments.
If the case, your criteria is how much you owe on the house and how much it’s worth as is.
Just because a house down the road sold for $200,000 doesn’t mean that your house is worth $200,000.
You’ll have to be realistic about the repairs that you house needs and costs associated with selling the property.
It may turn out that your house is only worth $130,000 in as-is condition.
But what if you owe $139,000?
You’ll have a hard time selling the house to an investor or a Realtor.
We cannot work miracles.
But if you owe less than $129,000 in this scenario, then you’re golden.
An investor can buy your house at $130,000 and you can walk away.
But if you sell with an agent, you’ll have to pay 6% commission, meaning that you’ll end up with $122,000 if you sell for $130,000.
(Perks of selling with a Realtor.)
So, when you sell the house, what happens with the bankruptcy?
The real estate closing attorney will see that you have liens or are behind on payments.
Creditors will have put liens on your property.
The real estate closing attorney will work directly with the bankruptcy attorney.
If you get $130,000 for the house and owe $10,000 in back payments then that $10,000 will be pulled out at closing.
Your creditors will be paid first ($10,000) and you will end up with $120,000 from the sale of the property.
But if you owe, say $120,000 for the mortgage, then that $120,000 goes to the bank, and not you.
So you end up with zero dollars.
All you get is a fresh start.
Make sure that you have an investor or Realtor that can explain all of this to you.
They will need to know your numbers or how much you owe so that they can explain everything to you properly.
This is where that experience comes in that you need to look for in an investor or Realtor.
Selling When You Are Relocating
Maybe you just got a new job.
Maybe you are getting serious with a significant other.
Maybe you have to move to take care of your parents.
No matter what the scenario is, you’re stuck with a house that’s keeping you from moving.
So how do you sell your house fast for a job relocation?
It comes down to your income and how fast you need to move.
If you can afford to pay two mortgages, then you need to list with a Realtor.
When you list with a Realtor, you will have to wait 3-9+ months to sell the property.
But you’ll get top dollar.
(Do the math. Holding a vacant property, paying the mortgage, upkeep, taxes, Realtor fees, etc. gets expensive. You may not come out ahead on this approach.)
Call An Atlanta Realtor
So, now you have gone through the situations for needing to sell your house fast in Atlanta.
You have decided that selling your house with one of the hundreds of Atlanta Realtors is your best bet.
So what now?
Start with a Realtor that is good for your scenario.
Before, we discussed picking someone who has the experience to deal with your situation.
Do you want a Realtor who specializes in multi-million dollar homes trying to sell your rental that has a tenant going through an eviction?
That’s a big fat, “No.”
You would most likely not have success with an approach like this.
So, how to do you vet good Realtors?
Ask them good questions.
But, don’t ask them leading questions.
Don’t ask things like:
“Do you list rental properties?”
“Do you list inherited homes?”
“Do you have experience with divorces?”
These types of questions lead them to say, “Yes, of course.”
Now you have listed your house with a bad Realtor.
Ask them questions like:
“What is the bread and butter home that you sell the most of?”
“What cities do you do the most business in?”
“What experiences do you have with ______? What are the biggest obstacles you face with those types of situations?”
“How do you cater your services to people in my situation?”
These are a few questions to help you spark some ideas.
Ask open-ended questions without leading them to an answer.
Call A House Buying Company
not have cash buyers
not have a good closing attorney
to renegotiate several times with you
to market your property on Craigslist
We have 10,000+ cash buyers that we work with.
We have vetted dozens of real estate attorneys. We work with the best ones.
We know how much we need to offer and we don’t renegotiate.
We market your property only to our buyer’s list.