Now is the time to sell your unwanted house in Kansas City to take advantage of the low-interest rates!
Price Appropriately
The absolute fastest way to sell an unwanted property quickly is to offer it at an attractive price. Who doesn’t love a good deal? Make sure to analyze all aspects of the property: whether or not it has a pool or access to a body of water or canal, the year the property was built, the proximity to shopping plazas, grocery stores, or other points of interest in the neighborhood. Next, look at what similar homes sold for in the last 6 months in a half-mile radius to understand approximately what yours may be worth. Keep in mind that the level of cosmetic finished matters to a massive degree so if the home is outdated, you’ll need to factor that in. If there are no recent comps in the offer, consider using other properties in the area and subtracting or adding value based on features that your property does or does not have. If you offer the property for sale too far below market, then buyers might believe there is something wrong with the property.
Sell to a Home Buyer
If you are in an urgent need to sell your house in Kansas City, selling to a professional home buyer might be the option for you. We are professional buyers and can close quickly in cash, with limited inspections. You can use this cash to take advantage of today’s low interest rates and put a down payment on a better property.
Offer Owner Financing
There are many future buyers that are looking for a lending alternative who may not have the best financial history on paper, but are honestly trying to improve their situation. Offering owner financing might be a great option to open up your house to more buyers, just make sure to do a background and reference check. Owner financing would also be a great option if you are looking for long term monthly payments. This would be a great option if you already have the down payment for your new house.
Find a Property
It is really important to do your research on the next property that you’re looking to buy. Make sure to consider all of the same things that a home buyer would look at such as access to amenities, school districts, floor plan, etc. Keep in mind that the renter is also looking for a great place to take care of their family in.
Find a Mortgage
The mortgage rates are at a low point right now, take advantage of this opportunity! Lower interest rates mean the lenders are more willing to originate loans. Shop around different mortgage companies to find the best rate you can get with your financial situation. Keep your credit score in mind, and contact multiple lenders to see what they can do for you. Choose the lender that has the lowest interest rate with the length of payment and type of loan that works for you and the property you plan on purchasing. Having a pre-approved letter in hand will give you the advantage when making an offer on your new house.