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As such, many individuals going through a divorce are looking for a quick method to sell their house and move onto the next chapter. Water intrusion and flooding cause catastrophic damage on a house, and a house with a history of water damage can be more difficult to offer. It's also pricey to repair, with the average water damage insurance claim amounting to $7,000.

Comparable to water damage, destruction triggered by a fire is hard and pricey to reverse. A good fire will destroy your home to the ductwork and Sheetrock. Without appropriate house owners insurance or the in advance cash to make repairs, the only kind of purchaser going to handle your home may be a financier who can pay cash and plans to gut it.

Whatever the case, you can either pursue an off-market sale with a money buyer, or, depending on your level of versatility, sell on the free market with a couple of faster ways worked in. Let's explore each avenue. Choice 1: Request an all-cash offer for your house When you sell a house, two steps tend to be the most time consuming: In a hot market, houses naturally offer quick.

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But in a regular year, your normal days on market might be more like 35-40 days.  View Details  in rough condition will likewise take longer than average to offer. A standard purchaser who's preparing to reside in the house will prefer that it be move-in ready, and they may need the residential or commercial property to fulfill certain standards for it to pass the appraisal.

Meanwhile, information from Ellie Mae shows the typical purchase loan took a typical 49 days to close as of April 2021. Even if you do zero home preparation and draw in a purchaser in record time, you can't speed up this closing timeline so long as there is lending institution participation. This is why, as they state, "money is king." Offering your house to a cash buyer effectively removes both of these weights that would otherwise slow you down.

How To Sell Your House Fast When The Market's Slow

However, you can take much of the uncertainty out of the procedure by working directly with an operation that buys houses for money. How does selling for money work? Usually it goes something like this: You skip the song-and-dance of staging your house to impress, and go straight to requesting a money deal.