The Austin Board of Realtors has reported that Austin area home sales hold steady in March. And as Governor Abbott Opens Up Texas home buyers will scramble to take advantage of near record low interest rates, this is a perfect time to sell your unwanted house in Austin.
The number one thing that will sell unwanted property is to offer it for sale at an appropriate asking price. Spend some time and research the recent comparable sales in the close area to the property. Make sure to analyze all aspects of the property: whether or not it has a pool or access to a body of water or canal, the year the property was built, the proximity to shopping, grocery stores, or other points of interest in the neighborhood. Determine the appropriate asking price by using the most recent sales possible, preferably in the past 6 months. If there are no recent comps in the area, consider using other properties in the area and subtracting or adding value based on features that your property does or does not have.
Sell to a Home Buyer
If you are in an urgent need to sell your house in Austin, selling to a professional home buyer like Vista Ridge Properties might be the option for you. They usually provide cash offers with an extremely quick closing time frame and may or may not require an inspection first. The home buyer will usually have a large network of investors with multiple portfolio types and can easily add your property to it. You can use this quick cash to have your down payment for your next property to take advantage of the low-interest rates.
Offer Owner Financing
There are many future buyers that are looking for a lending alternative who may not have the best financial history on paper, but are honestly trying to improve their situation. Offering owner financing might be a great option to open up your house to more buyers, just make sure to do a background and reference check. Owner financing would also be a great option if you are looking for long term monthly payments. This would be a great option if you already have the down payment for your new house.
Vista Ridge Properties Can Help
Call or text us at 512-456-3410 and we will evaluate your property for free and provide you with our best cash offer. We will tell you what the market value of your home is in its current condition. And if owner financing is appealing to you but sounds like a lot of work and risk, ask us how we can help.