Relocating to a new place is a complicated exercise in coordination. We get local Dallas / Fort Worth home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Dallas / Fort Worth“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Dallas / Fort Worth TX right now!).
Hey, I’m relocating and need to sell my house in Texas, you say? Well, in case you didn’t know this, there’s an insane amount of details to keep straight when you move, plus the stress of whatever is causing you to move in the first place – often it’s a new job, sick relative, divorce or variety of other reasons. Moving comes usually with quite a dramatic change. Whatever the reason is for the move, if you’ve been thinking…I’m relocating and need to sell my house in Texas, then you’ve come to the right spot because we have some critical information you should consider before you do anything. Moving can be difficult in and of itself, not to mention a potentially difficult reason for moving in the first place.
So how do you make the most out of a difficult situation when I’m relocating and need to sell my house? Keep reading!
Don’t Agonize – Organize.
“So I’m relocating and need to sell my house”, you say. Well, you don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 or more years. That can really get expensive and talk about stressful! It doesn’t have to be that way.
Although the market is relatively stable right now in Dallas / Fort Worth, things can certainly change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades when things shift in the financial and economic markets. Unless you’re filthy rich, you probably can’t afford to ride it out.
So how do I make the right choices when I’m relocating and need to sell my Dallas / Fort Worth TX house fast?
Relocating And Need To Sell My House Fast In Dallas / Fort Worth… Your Options And Steps
First…
- Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us, and we can give you a no obligation no cost valuation on your property. Once you know what your house can sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate to your new town: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year or longer before selling it for a much much lower price than they had ever hoped. So it’s important for you to decide how fast you need to sell your house before you make the move… and how long you’re willing to keep making 2 mortgage payments, insurance payments, taxes, utility payments, and everything else that goes along with the upkeep of a property, etc.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money, and boy does it add up. Or if you don’t want to use a real estate agent to sell… we’re a reputable local house buyer in the Dallas Ft Worth area that would love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as we possibly can. But one thing many people don’t think about is how important it is to come up with the dollar amount of how much it actually costs you to keep holding onto this house. The costs involved in keep your home include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment goes to interest and not very much goes to the principal at all), homeowners insurance, property taxes, home maintenance, etc., etc. Lets say you’re wanting to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.). Those expenses add up to $1,600/mo in “non equity building” expenses. If it takes you 7 months to sell that house through a real estate agent for $200,000… it costs you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That is a LOT of money out of your pocket. AND what if I were to tell you that that doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market while it’s empty, and the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000. It certainly does add up quickly! But, what if you were to sell your house next week and avoid all of that? Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a cash home buyer like Madison Lea Homes vs. 7 months later at full price to someone who likely will want you to make repairs once they have an inspection completed. And if you sell it now, you won’t have to deal with paying holding costs in the interim and the real estate agent fees won’t exist if you buy from us. Make sense?
- Take action!: Whatever you decide… decide and take action. The sooner you do, the sooner you can be free from your current home and free to enjoy living in your new location. If you want to go the real estate agent route, great! Make sure that you find a reputable local Dallas / Fort Worth TX agent. If you’d rather speed the process along and not have to pay real estate agent fees and commissions… then a viable option may be to sell your house to us at Madison Lea Homes 🙂 We buy houses in Dallas Ft Worth
If you’ve got really great property and the extra time to wait, then you might want to test the market by offering at a high price. There is a small chance someone might just fall in love with it and be willing to overpay – people do crazy things for love.
In reality, most properties are pretty average. I know, I know. Everyone thinks their house is the best on the street or the best in the neighborhood. But truthfully, they tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing your home at the highest price point.
You can also win if you’re stating, hey I’m relocating and need to sell my house by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers. But just know that if you rent your home, that alone has its own list of challenges. If you’re not a seasoned landlord, make sure you do your due diligence ahead of time to make sure you find the right tenant that will take place of the home the way you’d want them to.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying. This allows people who might not qualify for a loan today, but are headed in the direction of being ready in the next 6 months or a year, to rent from you until they’re able to get a loan to purchase.
In other cases, we may help renegotiate a loan, help make your monthly payments or conduct a short sale with a bank if you’re in a financial crunch to get out from under your home quickly.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Madison Lea Homes And How Can We Help You If You’re Relocating And Need To Sell In Dallas / Fort Worth?
We’re investors. We support our families and beautify neighborhoods in Texas by buying houses from Dallas / Fort Worth home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees or commissions
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- Don’t want to have to make any updates or repairs before selling
- … or a variety of other reasons
But we’re passionate people, and we believe in the Dallas / Fort Worth community.
We’re honest and straightforward at Madison Lea Homes.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Dallas / Fort Worth real estate, so please feel free to call us at 972-945-7299 and chat with us anytime.