You need to sell your New Orleans house fast right? But the market is changing so quick. Just 12 months ago houses were flying off the shelf. Now, inventory is piling up…don’t worry, we can help!
Here are some tips to get your property sold.
[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like 3F Properties of Louisiana.
Selling My House Fast in New Orleans – Your Options
Lately the financing world and the market in general has been all over the place, and mostly down. Buyers have virtually disappeared with interest rates going up so fast. Lenders are changing their requirements and becoming stricter – and for normal purchasers, that could delay your sale.
Anyone can write a cash offer, even if they are still going to the bank to borrow money to purchase the property. So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through for any reason… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more. Financing can fall through for a number of reasons, if inspections fail, if the appraisal doesn’t come back high enough, the buyer has to spend their down payment on a life emergency…or maybe their credit deteriorates because they don’t pay attention to it and it’s suddenly below the lender requirements. This can even happen at the last minute! Lenders will rerun credit a day or 2 before a scheduled sale.
To avoid having to deal with a buyer’s financing falling through… one option is to sell your house to a local professional home buyer like us.
Qualified investors have access to cash as well as multiple lines of credit that is secured by other assets. We can tap into that cash or into those credit lines to purchase houses in days, not months. We can do that because we are the decision makers. When a buyer has to borrow money from the bank, the bank is the ultimate decision maker and they rely on many different puzzle pieces to make their final decision.
That means we can close quickly and we don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly.
You’ll always want to due your due diligence to make sure the buyer you are dealing with is qualified, and that is no different when dealing with professional house buyers. Legitimate professional house buyers will have no problem providing you access to bankers and show proof of funds to verify the investor’s ability to close on the house. In fact, you should demand they provide this in order to confirm they have the experience, the know-how and the ability to get things done.
So how do you get cash offers fast?
You can get a fair cash offer from us the same day we come see the property, and we are always on call. We’re buying properties in the New Orleans area, which we’re local to… and we buy New Orleans houses…then we either hold them as rentals for ourselves… or we’ll repair / remodel the house if it needs work and sell it to a homeowner that will live in and love the property.
If your local New Orleans property qualifies, we can buy your house fast.