Are you planning on getting rid of your California house? The majority of people envision themselves calling a real estate agent and listing their home on the MLS when they consider selling their house. There are times, however, when this is not the best option.
In addition to the time you have available to wait for your asking price on the market, you should also consider whether your home fits the preferences buyers are looking for in houses today. In any case, you must also consider how to prepare your house for sale in California.
This article discusses four methods for selling a house in California.
An owner-financed sale of your California house can be both lucrative and unconventional. A home sale using this method opens your property up to a new pool of buyers with less than perfect credit who are willing to pay a higher price for the ability to own a home while building their credit. This deal puts you in the driver’s seat, by setting a high sales price for providing the opportunity and taking the risk that the market rises higher, so they are buying at a great price when the option expires in two or three years. Risks are also associated with you. Legal battles will ensue if the buyers can’t obtain financing, while you still have to pay the mortgage.
Rent with an Option
Renting the house with the option to buy it at the end of a given period, typically two years, is an extremely creative, unconventional way of selling your house in California. It is possible for the sellers to charge a larger upfront deposit towards the downpayment and add more to the rent as credit towards building a larger down payment over time. This method also allows you to set a premium on the final sales price. Renters may damage their home or neglect preventative maintenance if they can leave the home at the end of the lease. It may be necessary to make extensive repairs before you sell your home again.
An FSBO listing or for sale by owner is another unconventional way to sell your house in California. People who want to avoid high real estate commissions prefer this method of selling their homes. FSBO sellers have wasted valuable time and have wasted valuable resources with their property languishing on the California market. A lot of times, this stems from an inexperienced marketer and a lack of understanding how to negotiate without bringing in personal emotion. The current market value rarely applies to homes that have been on the market for a long time.
Another unconventional way to sell your house in California is to sell directly to a company like MCB Homes Inc.. With the backing of cash, professional buyers can close in a matter of days or weeks. When dealing with a professional buyer, they will take the time to listen to your needs so that they can determine what you can expect from a conventional sale. As a direct sale means you won’t have to jump through the hoops of listing, showings, or inspections, your house will sell as-is. Professional buyers like those at MCB Homes Inc. handle everything for you. You don’t even need to clean before you leave. You can even choose the closing date.
The best unconventional way to sell your house in California is to sell directly to MCB Homes Inc.! Call MCB Homes Inc. at (209) 743-0602 or send us a message today!