Pros of a Quick Home Sale

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If you’re thinking of selling your home, you might be wondering if there are any advantages to doing so quickly. There are a few, and we’ll go over the pros of a quick home sale in this post. You can go here to read more.

Selling Quickly Can Save You Time

Assuming that you don’t need to take much time away from work for the process, it can save you weeks or even months if not more when compared to a traditional sale. This can be especially nice if you’re in a hurry to leave your current home and move into a new one, whether that’s because you’ve found the perfect house to buy or because you’re relocating elsewhere.

You Can Probably Get More With the Same Amount

A quick sale can require less negotiating than a typical sale. If you’re able to negotiate in person, often times you’ll get a better deal. Even if there isn’t much negotiating, you might just be able to get someone to give you more for your house at the very least.

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You Don’t Have to Deal With Home Owners’ Associations

If you’re thinking of selling your house but don’t know if homeowners’ associations will allow it, you might be able to avoid this headache altogether. If your HOA doesn’t allow short sales, they probably won’t mind that you want to sell slightly below market value and buy a new one. In fact, it might help since you’d need to pay the association less in order to leave the property as-is and not make any improvements.

You Won’t Lose Another Potential Buyer

If your home is in a good price range and before the economic downturn, it’s likely that another buyer could have come along who could purchase your home much sooner than later. Even if you’re selling partially because you can afford to buy a new place, your existing home might still be attractive to other potential buyers.

You Can Avoid Paying Property Taxes

If you’re waiting for the right time to sell, you’ll still have to pay property taxes for until the time that you decide to move on. With a quick sale, you can be done paying property taxes almost immediately. Certainly, this will mean less money that you would have had from a typical sale, but if it helps you buy your dream home or just get out of your current one, it could be worth it.