Relocating can be a complex endeavor requiring meticulous coordination. Every week, we receive inquiries from homeowners in the local Hagerstown area who are saying, “I’m moving and need to sell my residence in Hagerstown.” The good news is that we can assist many of these sellers in promptly selling their homes, as we are actively purchasing properties in Hagerstown, MD at the moment.
The relocation process entails an overwhelming amount of details to manage, coupled with the stressors driving your move, which can often be a new job or a family member’s illness. However, significant change always accompanies the need to relocate.
So, how can you navigate this challenging situation effectively?
Instead of dwelling on it, get organized.
You certainly don’t want to find yourself in a situation where you’re financially burdened with an empty house for two years. This can become quite costly and unnecessary.
While the current real estate market in Hagerstown appears relatively stable, circumstances can shift in the blink of an eye. We’ve heard some harrowing tales over the past few decades. Unless you’re extremely wealthy, waiting it out may not be an affordable option.
So, when you’re relocating and urgently need to sell your Hagerstown, MD residence, how can you make the right decisions?
Relocating and Need to Quickly Sell Your House in Hagerstown? Consider Your Choices and Steps
First and foremost…
Determine your home’s value: You can achieve this by consulting a reputable real estate agent or reaching out to us for a complimentary, no-obligation property valuation. Knowing your home’s potential selling price in the current market sets the foundation for your timeline.
Decide how urgently you need to sell after relocating: This is a crucial decision. I’ve witnessed professionals who moved to a different state for a job, only to have their house on the market for over a year, eventually selling it for much less than expected. Decide on your desired selling timeline and how long you’re willing to manage two mortgage payments, insurance costs, and more.
Engage a reliable real estate agent before packing up: Get the process started early to minimize any delays. Every month that passes without selling your home results in additional expenses. Alternatively, if you’d prefer not to use a real estate agent, we are a reputable local homebuyer, eager to extend a swift, fair, all-cash offer. Begin the process by completing this form.
Evaluate the cost of selling your house quickly versus waiting for an ideal price: Everyone wants to secure the highest possible sale price for their homes. However, many people overlook the financial toll of holding onto a property. Costs include mortgage payments (especially if you’re still in the early years of your mortgage, with most payments going toward interest), insurance, taxes, and maintenance. Let’s assume you want to sell your house for $200,000, with a $1,200 monthly mortgage payment, $200 in taxes, $100 for insurance, and $100 for maintenance. These expenses add up to $1,600 each month in “non-equity building” costs. If it takes seven months to sell your home through a real estate agent, it would cost you $11,200 in direct “holding costs,” plus $12,000 in agent fees (assuming 3% for both the buyer’s and seller’s agents). That totals $23,200 in lost funds, not accounting for your time, stress, and opportunity costs. Selling your house at a discount to a homebuyer like our company now, even if it’s below the retail price (let’s say $175,000), can save you money compared to waiting for a full-price sale months later.
Take action: Regardless of your decision, commit to it and take action. If you opt for a real estate agent, find a reputable local agent in Hagerstown, MD. If you’d rather avoid waiting and paying agent commissions, consider selling your home to us.
If you have ample time and a remarkable property, you might experiment by listing it at a higher price. Occasionally, someone may become enamored and be willing to pay a premium – love can inspire unusual decisions.
Most properties, however, fall into the category of average. They tend to resemble neighboring homes, just as people who live nearby often share common traits. Unless your property is genuinely exceptional, you may not maximize your profit by aiming for the highest possible price.
Another strategy is to simultaneously market your property for rent and sale to see which option materializes first. This approach requires careful control of the process, which even seasoned real estate professionals can find challenging.
In certain situations, we collaborate with property owners to establish lease-option agreements, allowing highly qualified renters to lease the property for a specified period before purchasing it. Alternatively, we may assist in renegotiating loans, making monthly payments, or facilitating a short sale with a bank.
We take pride in finding creative solutions to solve intricate problems and bridge the gap to help you achieve your goals.
Who Are We, and How Can We Assist You If You’re Relocating and Need to Sell in Hagerstown?
We are investors dedicated to supporting our families and enhancing the local community by purchasing homes from Hagerstown homeowners who require fast sales for various reasons.
We typically work with sellers who…
Require a swift sale (we can close in as little as seven days if necessary) Prefer to avoid the complexities of listing with an agent Seek to bypass real estate agent fees Have homes that cannot be sold for various reasons (we buy houses in as-is condition) …among other circumstances.
We are passionate individuals who deeply value the Hagerstown community. Our approach is straightforward and transparent. We will provide you with a fair price, and we have the capability to close swiftly with cash.
If you’re willing to wait and can enlist professionals to assist, you can manage your property sale from a distance. In specific situations, this approach can yield rewarding results.
We’re here to help you find solutions to your most challenging Hagerstown real estate inquiries. Please don’t hesitate to reach out to us at (301) 250-1426 for a conversation anytime.
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Hagerstown, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Hagerstown MD house fast?
Relocating And Need To Sell My House Fast In Hagerstown… 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 cost no obligation valuation on your property. Once you know what the house may be able to 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: 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 before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, 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. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d 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 possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want 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 that $200,000… it cost 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 doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, 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.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 home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Hagerstown MD agent. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. 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 at the highest point.
You can also win 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.
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.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Avery Home Solutions LLC And How Can We Help You If You’re Relocating And Need To Sell In Hagerstown?
We’re investors. We support our families and beautify neighborhoods by buying houses from Hagerstown 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
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Hagerstown community.
We’re honest and straightforward.
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 Hagerstown real estate, so please feel free to call us at (301) 250-1426 and chat with us anytime.