Moving stinks and the act of relocation is a complicated exercise in coordination! At ATL Cash Home Buyers, we get local Atlanta home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Atlanta“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in and around Atlanta right now!). How can we do this?!? Most of our closings can happen within a couple weeks!
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how can I make the best of a difficult situation?
Don’t Agonize when you need to sell your home– Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Atlanta, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out. Plus, waiting it out can lead to more increased costs while holding the property. For instance, if the hot water heater breaks, thats another $1,500 you can add to your monthly holding costs! If you’re already losing money on your property and something breaks, that can really push you over the edge.
So how do you make the right choices when you’re relocating and need to sell your Atlanta Georgia house fast?
Relocating And Need To Sell My House In Atlanta… Your Options And Steps
First…
- The act of moving itself can be very expensive. Obviously, you can do this all yourself with your pickup truck and a couple of friends offering beer and pizza. But what happens when the move isnt just down the street or 15 minutes away? When you start to consider all the items you have to move, the shape of those items, how far you are moving and what type of moving services you need, the bill can add up really quickly. Check out some relocating costs for a better breakdown of what to expect!
- Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house. It’s also very important to know how much work will need to be done to the home. You can’t sell your home at top dollar if your home isn’t top of the market quality. It’s imperative to come into the process of selling your home with proper expectations. Unfortunately, Covid is over. Expecting to sell your house at top dollar, especially if the home is in need of cosmetic updates or any sort of repairs, just isn’t going to happen. Buyers are starting to get picky again and unless your house looks like it some of those on HGTV, you probably won’t be getting tons of offers if its not priced correctly. If you are “relocating and need to sell my house in Atlanta,” these are some things you’ll have to do to get top dollar for your home
- Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc. Maybe you can rent out your current home while you make the transition? This is always a viable option. But, one must remember there are a lot of fees to consider when renting out a property. For instance, if you have to take into account the following; mortgage payment (principal and interest), annual property taxes, regular insurance, and you must put away 5% of the rent price for each Capital Expenditures (big ticket item failures), Maintenance, Vacancy and Property Management (if you decide to use one). You’ll also have to add in for any landscaping, HOA dues and other misc costs. Once you add all this up, renting out can be a real headache and cost you money!
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. We know tons of real estate agents and would be happy to recommend some if it makes sense for you. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Atlanta Georgia agent. At ATL Cash Home Buyers, we know tons of agents we can get you in contact with if putting your home on market makes the most sense. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us.
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love and people love nice, new, shiny things.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point. This is one of the reasons people sell their homes fast to us. Especially in the current market, if your property isn’t top quality, it will sit on the market and can take upwards of 2+ months to sell. If we can’t buy your home, we know tons of buyers in the Atlanta market and can get it sold in less time, with less contingencies than if you were to go on market to sell your home with an agent.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is ATL Cash Home Buyers And How Can We Help You If You’re Relocating And Need To Sell Your House In Atlanta?
We’re investors and wholesalers. We support our families and beautify neighborhoods by buying houses from Atlanta home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in As-Is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Atlanta community.
We’re honest, straightforward and would love the opportunity to show you how easy we can make the process of getting your home sold.
We’ll quote you a fair price, and we can close fast with cash. If you dont like the offer, thats no problem. But, we’d love to help you out and buy your home for cash asap!
We’re happy to help you find answers to your toughest questions about your Atlanta real estate, so please feel free to call us at 404-439-9984 and chat with us anytime.