3 Ways to Sell Your Philly House Fast and for Top Dollar

3 Ways to Sell Your Philly House Fast and for Top Dollar

Are you wondering how to sell a house fast in Philadelphia but not sure where to begin? You’re likely concerned about how quickly you can sell the house and how much you can get for it. We’ve outlined three different ways to sell your Philly home or condo quickly and for the best price.

Method #1: Skip the Agent and Sell Your Home to a Cash Buyer

Real estate agents can help you get the best price for your home. After all, their commissions are tied to the selling price. They are likely to delay the sale if they think they can sell it for a higher price. If you want to sell your home quickly and without any hassles, the best option is to skip the agent and sell your house to a trusted cash home buyer in Philadelphia.

Cash home buyers purchase your home as-is in any condition. You don’t have to fix it up, wait for buyers, host open houses, or do anything else you would be responsible for in a traditional sale. They have the cash on hand to purchase your home immediately and can complete the sale within as little as seven days.

Method #2: Sell the House to a Wholesaler

Can you believe that nearly 40% of all real estate transactions in the US are cash deals? Almost one in two sales are cash sales that skip real estate agents. When you sell your house to a wholesaler, they act as the intermediate. The wholesaler sells your home to a cash buyer or property investor. Compared to the previous option, you may not get as much profit after you pay a fee to the wholesaler. Still, it’s a good option, and you can complete the sale quickly and proceed to your next home.

Selling a home to a wholesaler is faster than listing your home on the market and selling it through a traditional real estate agent. But it can be challenging to find a wholesaler who is ready to take your property off your hands. Unlike cash buyers, wholesalers usually reach out to potential buyers, especially if your home is distressed and you are ready to sell it for a significant discount.

Method #3: Choose the Best Real Estate Agent in Philly

Using a real estate agent may not be the best choice, especially if you want to sell your Philly home quickly. Most realtors are well-intentioned, but speed is not as important as the price. If you are not in a rush, you can proceed with this option.

So how do you find the best real estate agent in Philly? Search for “best real estate agents near me” and check out the reviews of the companies that come up in the search. Interview a few realtors and choose someone you feel comforting hiring.

If you’re looking for trusted cash buyers in Philadelphia, reach out to Diamond Equity Investments. We have years of experience buying homes in Philadelphia, Atlanta, and Phoenix, and we can sell your house quickly and for the best price. Connect with our team to learn more.

Tips to Deal with an Inherited Property in Chicago When Heirs Disagree

Inheriting a house from a loved one is an incredible legacy and a challenging situation. If you have inherited property with other heirs, here are some helpful tips to ensure a smooth transition.

How to Deal with an Inherited Property Amicably

The first step in dealing with an inherited property in Chicago is to consult the will or trust document. Find out who the beneficiaries are in the will. What percentage of the home is designated for each beneficiary? Has the deceased person left instructions on whether to sell the house or keep it among family members?

If specific instructions are not mentioned regarding the property, the executor or trustee is in charge of dealing with it. The executor or trustee has to do what’s best for the property, even if all beneficiaries do not agree.

Here are some of the common ways to split an inherited Chicago home among all beneficiaries:

Sell the Property

The easiest way to deal with an inherited property is to sell the house. Then, you can divide the proceeds among all beneficiaries as per the will. If you’re looking to sell a house fast in Chicago, you can sell it for cash. Cash home buyers in Chicago evaluate the property and close the deal quickly, without waiting months like with a regular estate sale. You can then divide the proceeds among all heirs according to the percentage of shares mentioned in the will.

Rent the Property

Not all of the heirs may want to sell the property. In that case, the next best option may be to lease it and generate rental income from the house. The rental income can then be divided among all beneficiaries as per the will.

Buyout the Property

A buyout can be a sensible option when all beneficiaries are not on the same page. If one heir wants to keep the home, and the others want to sell it, a buyout makes sense. In this situation, the beneficiary who wants to keep the house can buy it from the other heirs by paying their percentage.

Private Arrangement Among Heirs

Disagreeing beneficiaries can discuss the situation among themselves and arrive at an arrangement. For example, a parent may leave behind a primary residence and a vacation home of roughly the same value. The two inheritors may arrive at a decision where one takes the primary residence, and the other takes the vacation home. If they cannot decide who gets what, they can sell the properties and divide the proceeds equally.

Partition Lawsuit

If the heirs cannot come to a decision, they may have to involve the court. While a partition lawsuit is cumbersome, it’s often the only choice when beneficiaries cannot agree. The court intervenes and decides the best course of action in the interests of all parties involved.

When Is the Best Time to Sell a House in Phoenix?

Selling a house is a life-changing event. To execute this process correctly, you’ll need to plan and put in considerable effort. It may look easy to sell a house fast in Phoenix, but only when you get started do you realize that there are numerous legal and administrative processes involved. Here are some tips you can use to sell your home in Phoenix at the right time. Selling at the right time will get you the most bang for your buck.

The Best Time of Year to Sell a House in Phoenix, Arizona

It’s best to sell a house in spring or summer. Winter isn’t the best time, as the cold weather discourages home buyers. But Phoenix has been experiencing some pleasant winters, so sellers have been encouraged to list their homes in November and December too.

Home listings start to increase in March, and thereafter sales slowly pick up. This continues till late summer, and then listings and sales gradually go down, reaching a low point between October and November. Local home sales data shows that March through June is the best time to put a house on the market in Phoenix.

If you’re looking to quickly sell your house as-is, you should sell your house to us. We buy houses in Phoenix for cash! Call us today to sell a house fast in Phoenix.

Spring and Summer Are the Best Seasons for Home Sales

Phoenix summers are infamously associated with triple-digit heat, so why would someone go house shopping during this time? For one, there are families looking to relocate their kids for summer break. Also, there’s plenty of daylight during this time of year, which means a lot of houses can be viewed in a single day.

And during peak home-selling season, you will probably get more offers than any other point during the year. It’s competitive out there, so buyers want the best deals.

And then of course, if you are selling your home, it’s quite likely you’re buying one too. Selling your house during peak season puts cash in your pocket quickly, allowing you plenty of time to go shopping around for your next home. You can also find cash home buyers in Phoenix who will take your house off your hands for a fair price.

The Phoenix real estate market has grown steadily over the past few years, and sellers are looking to profit from selling during the peak season. If you are in a hurry to sell your house—and you want to avoid listing, house showings, repairs and renovations, and getting your house ready for the market—you can sell your house to us, as-is and for cash. We buy houses in Phoenix, no matter the condition they’re in.

4 Reasons to Sell Your Inherited Property for Cash

Inheriting a property can be an emotional event as well as a large financial undertaking. Furthermore, there are administrative and legal processes that must be carried out, and navigating these while you are grieving the loss of a loved one can be quite challenging. And if numerous parties are claiming ownership of the property, such can make things more complicated.

You can move into the house, rent it out, or sell it. If ownership of the property is split between numerous individuals, it’s best to sell and then split the proceeds accordingly. Here are four more reasons why you should sell an inherited home:

  1. Renting Out the Property Can Be Hard Work

If ownership of the property is distributed, it’s quite likely you will not be able to move in. At this point, you may consider renting it out, but renting means you’ll have to get the home ready for the rental market. To do this, you may have to spend some money on repairs and renovations. Then there’s the whole process of listing the house. And once you have interest, you have to do showings. Also, a rental agreement and other important paperwork must be drawn up. In the end, renting can be a time-consuming process.

  1. Empty Houses Are Not Cheap

You should not leave the house empty for a long period of time. You must remember that an empty house needs maintenance too. Moreover, there are property taxes, insurance payments, utility bills, and maintenance costs, all of which will take money out of your pocket.

When you inherit a home, it’s best to sell to cash home buyers in Phoenix. They’ll buy your home as-is, and they can close in as little as seven days.

  1. Repairs and Renovations Can Be Expensive

Most inherited houses are in bad shape, meaning repairs are needed to make them habitable. If you are willing to get repairs, you’ll need to find a good contractor, one you can trust. Also, you’ll need to supervise them so things get done right. This can be a time-consuming process, and supervising may be hard if you have a full-time job. And if the property is split between heirs, you will have to decide who pays what for the repairs.

Many individuals sell a house fast in Phoenix specifically because this home-selling method avoids repairs. Call us to sell your house as-is. We will pay in cash and take the property off your hands.

  1. Selling an Inherited Property Immediately Can Get You a Tax Break

You are required to pay capital gains tax when you sell an inherited property. But when you sell the house immediately after inheriting it, the tax amount is quite low. The longer you own the inherited home, the more you’ll have to pay in capital gains if you decide to sell.

Inherited homes can be problematic. While they’re often associated with happy memories, sometimes they’re not. In the end, managing an inherited home—especially when you live so far away from it—can be a real challenge. This is why it’s best to sell an inherited home. We buy houses in Phoenix, as-is and for cash. Sell your property without undertaking a single repair. No matter what condition the house is in, we’ll buy it!