If your Baltimore, MD house is facing a foreclosure, and you wish to avoid it or if you just need to sell your Baltimore house fast for another reason (you inherited a house, relocating, lost your job, agent can’t sell your house, etc.), then one of the best options that you can consider is finding someone to buy your Baltimore MD house for cash.
You will not only profit by improving your credit rating but also make some fast cash. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time and you can use the extra cash from your sale in other projects. However, you have to study the prevailing market conditions. That is, find out factors that are likely to influence the value of your home before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating.
Buy my Baltimore MD house for cash: The Plan
The first step toward selling your Baltimore house fast to someone else with a “buy my Baltimore MD house for cash” mentality is to come up with a game plan.
Your real estate agent should help you with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.
1. How fast do you need to sell?
This is one of the most important first decisions you need to make since this really dictates what options you have. If you have more time, you have more options open to you.
If you need to sell in less than 2 months, you likely don’t have the time to list your house with an agent. You’ll likely have to try to sell the house yourself (if you know how to) or sell your house to a local professional house buyer like Baltimore Wholesale Property (or you can call us at (443) 863-9808 and we can make you a fast-fair all-cash offer on your Baltimore area house).
2. How much do you need to sell your Baltimore house for?
Note that above it says “how much do you need” to sell for. If you’d like to sell your house for full retail but you have to sell your house fast and can’t afford to list it with a real estate agent, determine what you need to get out of your house sale.
That’ll help guide you to your true options for selling.
If the price you “need” to get doesn’t leave room for a real estate agents commission then you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like Baltimore Wholesale Property. We can make you an offer in less than 24 hours and close in as little as 7 days with all cash.
If you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price, list your house on the MLS.
3. Look into your options and take action!
Like I mentioned above, the main things you need to determine yourself are:
- How fast you NEED to sell
- How much you NEED to get out of the sale
Then, look at your options below as a quick guide to help you decide which options may work for you with your local Baltimore house sale.
- Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale, then going with an agent will likely get you your highest price on your property.
- Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Baltimore house in as little as 7 days. We won’t be able to pay full-retail on your house but we don’t charge any fees at all. What we offer you is what we pay you. If you value your time and a quick sale more than making a few extra bucks six months from now, call us today at (443) 863-9808 or click the link below to fill out our online fast offer form.
- For Sale By Owner: If you can wait 3-6 months to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself.
- Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing foreclosure then your first step may be to talk to your bank to see if they have any mortgage relief programs. Some banks offer assistance or can at least guide you in a direction to lessen the burden.