It happens for all kinds of reasons: divorce, job layoff or relocation, or mortgage payments just become too much to keep up with. Whatever the reason, you are now in the position of needing to sell your house fast for cash in Oklahoma City. This can happen to anyone…
If you are in a position where you need to sell your home quickly, you have to market your house to people who can buy it quickly and as-is. This typically means selling to a home buying company like us at W Properties. Understanding the process and knowing how to get your house ready for sale may help you sell it faster and for more money….
How To Sell Your House Fast For Cash in Oklahoma City
Title/Deed and Abstract
You need to know ahead of time what liens or encumbrances are against your title. Almost all buyers, ones that will live in your home and investors, will get a title report done to find these but knowing ahead of time can save some money and trouble. You’ll also need the abstract (a paper record of past owners of your home) to be updated at closing. Usually, these are held by the title companies but if you chose to hold onto it when you purchased the home, dig this out now. If you have to recreate it, that will cost you $600 – $800.
Before you get an offer, come up with a price you want. Be reasonable. If you are in a position where you want to sell quickly, don’t try to price gouge buyers. You’ll just scare them away. Also, don’t take offers or price negotiations personally. Someone might offer you lower than you expected but can you really fault them for trying? If that happens and you can’t accept that offer just tell them the lowest you can go is $X and leave it at that.
If an offer is accepted, the person buying the house from you will then want an inspection and possibly an appraisal done to make sure there are no huge problems and to verify the home’s value. If you are selling your home to a home buying company like us, we don’t need inspections nor appraisals. If you are selling to a regular Joe, make sure you disclose any big issues BEFORE you accept an offer. Examples are plumbing issues, roof leaks, HVAC problems, foundation issues, or electrical problems.
Closing on the sale of a home
A local title company usually handles the closing and prepares the closing documents. Selling to us, you get to pick the date and time and we pay your closing costs. If you sell to a normal buyer, you’ll have to coordinate schedules and might have to wait longer for them to get their money or financing in order.
Here are some more steps you need take BEFORE attempting to sell your house for cash.
Price it right
Pricing your house right is probably the best step you can take toward making a fast sale for cash because it’s what gets people to consider your house in the first place. If your price too low, buyers will think something is wrong with the house, and a too-high price may make it sit unsold for a long period with the same result. It pays, then, to check out comparable house values in the area and price accordingly. A good place to see this is on the Oklahoma County Assessor website.
This is what creates that critical first impression and gets them to stop and come in the door. So sprucing up the yard and the house’s exterior are definitely worth the time and expense involved. And it doesn’t take a lot, really – maybe just some lawn clean-up and minor landscaping, a little roof repair, touching up paint, and dressing windows.
It always pays to sweeten the deal to make it more attractive for buyers. The tried-and-true principle of reciprocity tells us that people are willing to give more (sale price) if they feel they are getting something in return (the deal sweeteners). For example, you could offer to pay some or all of the closing costs, or you could offer to provide a transferable home warranty, which would cover, say, major appliances and/or the HVAC systems.
If you need to sell your house fast and are looking for someone to buy your house, these tips and steps will help you. If you want to sell your house quickly and not mess with flaky buyers, inspections, repairs or closing costs….you need to call us today. W Properties buys dozens of homes in OKC each year. We make it easy to sell your home, can close as quickly as 2 weeks, and pay all cash.
TO LEARN MORE OR TO SELL YOUR HOUSE FAST FOR CASH IN Oklahoma City, CONTACT US BY PHONE AT (405) 673-4901 OR FILL OUT THE FORM BELOW….