Selling a property while you’re out of state is like maneuvering a puppet with tangled strings. Coordinating things can be hard; you’ll need help unraveling the intricate processes to ensure success. Thankfully, there are other ways you can easily sell South Bend Indiana properties. Below, Bright Future Home Buyers has shared a blog post discussing issues when selling property out of state and what solutions are available to you. Keep reading to learn more!
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Common Problems and Potential Issues When Selling Indiana Properties While Away
If you inherited a property out of state or are selling yours as you move to another location, you may face challenges like the following.
Difficulty With Coordination
Since you won’t be physically present, you may find it hard to manage the key steps involved in traditional sales. These include showings, negotiations, and the closing stage. This issue could lead to additional expenses or missed opportunities.
Need To Hire Local Professionals
You will rely heavily on local professionals like real estate agents, inspectors, and contractors. This dependence may also lead to additional costs as payment for their services.
Limited Knowledge of Local Market Trends
When selling a property, it’s important to understand the local real estate market to know when to sell and how much to value your property. Since you’re living out of state, you may get outdated or inaccurate market knowledge, leading to incorrect pricing.
Compliance With Local Laws and Regulations
Navigating state-specific real estate laws, zoning regulations, and disclosure requirements without being present increases the risk of encountering legal issues.
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Higher Chances of Neglect or Vandalism
If there are no occupants living in the out-of-state property, you run the risk of neglect or vandalism. These issues not only decrease the value of your property but may also put you in danger of fines for code violations.
Sell to a Cash Buyer to Save Time and Avoid Hidden Expenses
Instead of dealing with all the hassle of selling a property while out of state, you can engage with a cash buyer instead. Companies like Bright Future Home Buyers offer a streamlined process that’s easy even for those who can’t be physically present during the transaction. Plus, you get to keep all of the cash offer — no hidden costs or professionals you need to pay. With a cash buyer, selling a house is as easy as selling a product online.
Benefits of a Cash Buyer vs. a Traditional Sale
Here are a few other advantages you can expect when working with us.
Shorter Time on the Market
The current average days on the market for South Bend properties is 32 days. When selling to a cash buyer, you can close on the property as quickly as seven days, saving you time.
Simple Process
Traditional real estate sales involve repairs, inspections, listings, and so on. In short, it’s a long and complex process that takes a lot of time and resources. We, on the other hand, can give a cash offer as soon as you share details about your property. No need for renovations, marketing, buyer negotiations, or other inconvenient steps.
More Cost-effective
There’s a misconception that cash buyers only give lowball offers. While our cash offers are slightly lower than the typical selling price, they’re arguably more cost-effective, especially when selling from out of state. The commission alone from real estate agents can cost you up to 5.31% of the final sales price. Add the costs from the other services you need, and you end up with a similar amount to our cash offer, if not less.
We Buy All Homes and Land As-Is in South Bend, IN
We Buy Properties as Is
Bright Future Home Buyers will buy your South Bend property no matter its condition.
- Needs Repairs: Repairs can cost you up to $88,000. Thankfully, we won’t require you to make any repairs before sending you a cash offer.
- Code Violations: Addressing code violations is another major expense. Selling the property to us helps you avoid these extra costs.
- Trash-filled: No need for cleanups. We will take care of the trash upon acquiring the property.
- Renovations Gone Wrong: Instead of addressing a botched remodeling job and shelling out more cash, sell the property to us instead.
- Damaged Homes: Whether your property has fire, water, or termite damage, count on us to proceed with the transaction.
- Fixer-uppers: We won’t ask you to make extensive fixes before making an offer.
- Bad Rental Property Tenants: If you’re a landlord who no longer wants to deal with unruly tenants, sell the property to us and gain peace of mind.
- Hoarder Homes: Move on to a clutter-free home and sell the property to us.
- Dirty: Don’t expose yourself to unhygienic environments. We can take care of the cleanup if you sell the dirty home to us.
- In Bad Shape: Even if your property is in a deteriorated state, we will still proceed with the transaction.
- Abandoned: Sell an abandoned home to avoid code violations and rising property taxes.
- Death Estates: If you don’t want to handle the upkeep of inherited properties, we can take it off your hands for a competitive offer.
- Rundown Homes: We will buy homes even if they’re in a state of disarray.
- Vacant Land: Access the trapped equity of vacant land by selling it to us.
- Foundation Cracks: Our team will proceed with the transaction even if the property has structural issues like foundation cracks.
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Get Freedom — Sell Your House for Cash
Avoid the hassle of selling property from out of state by working with us. We follow a simple process, which starts with you sending details about your property. After our evaluation, we will send a free competitive cash offer. If you accept it, you can choose your closing date — whether it’s a week or two months after the fact because we buy houses South Bend IN.
Read Our Reviews
Over the years, our streamlined process has allowed us to provide outstanding services to our clients. This has resulted in many glowing reviews that show proof of our exceptional real estate solutions.
