How can South Florida homeowners find personalized solutions for selling houses that meet their needs?
The main reason that robots and new apps haven’t completely taken over the real estate industry, and can’t, is that this is a people business. It’s about individuals, and real people, and their unique needs. Everyone is in a very different situation. So what are some of the scenarios that can make selling a house in FL confusing, and how can custom help be found?
Need Cash to Move
One reason that so many Florida homeowners have allowed themselves to fall so deep in default, debt, and foreclosure is that they simply don’t have the cash to move. This may be just enough to move into a new rental apartment, or the moving costs. It’s not cheap to move today. In some cases individuals need to move to a new area or even state for work. But even if they land a job often believe they are short on cash. Working with a good buyer that understands this can make a big difference. But many also don’t realize that a huge percentage of companies actually have dedicated budgets for offering sign-on bonuses and even staff relocation costs. They don’t often advertise these funds, but they may be available if you just ask.
Help with Sorting and Clearing Items in a Home
In many cases homeowners are glad to sell quickly, but feel trapped by belongings that are in the home that they need to retrieve or sort. This is a common issue in Florida where many retirees end up passing away and leaving inherited property to children and grandchildren. Some of these heirs are often thousands of miles away, and can’t take weeks off of work to deal with items in the home. A great buyer that understands this situation can help, or at least refer sellers to specialized assistance. There is help available for loading and moving or shipping pieces heirs want to keep, as well as for clearing the property of junk, or donating unwanted items to charity.
Help with Time to Move
Sometimes it is a matter of time to find a new place and move. It can take a little while to find a new home, or kids may be in the middle of a school semester. Some buyers may be able to help with allowing sellers to lease the property back for several months after a sale, or simply by connecting them with quality temporary housing in between homes.
Avoiding Big Tax Bills
While there are a number of tax deductions, write-offs, and exemptions that allow FL home sellers to avoid paying more income tax, or triggering higher tax rates, some are afraid that getting a big lump sum of cash will hurt them when it comes time to file taxes next year. If this is you, ask your buyer if they can help by staggering payments over a period of time in order to eliminate or minimize these issues.
Selling with Little Equity
A number of Fort Lauderdale area homeowners are finding that while they no long owe more on mortgages than homes are worth, they still have a hard time selling, without paying for the privilege to do so. Sometimes banks won’t be motivated to grant short sales in these scenarios. They’d rather the borrower defaults so that they can grab that equity for themselves. Using a Realtor who wants 6% commission just won’t work either. However, some don’t realize that they actually have assumable mortgages. That means a new buyer can take over their mortgage payments and debt, to get the seller off the hook, without the home having to sell for far more than is owed.
Hollywood, Lighthouse Point, and Fort Lauderdale homeowners that are in distress often don’t have the luxury of gambling tens of thousands of dollars on rehabbing a property in hope that it sells. While some South Florida properties are selling fast and for more money, it is often sparkly new properties. However, there are real estate investors that will buy the property as-is and do all the cleanup and renovations themselves later.
Selling Fast, and For Sure
Most methods of selling houses just don’t cut it for those in a hurry. There is zero guarantee a home will sell using various for sale by owner sites, or real estate agents. If you’ve got to sell, find a cash buyer that can close in days.