I want to sell a home FAST! Well when can I get paid?

The goal is to sell a home fast! Now that you’ve made the decision to sell, how long does it take to actually settle (get paid)? We can start at the beginning for this so you know the process and the steps involved. Upon signing the agreement of sale we immediately send the contract to our title company that begins their title search. The title search is basically a detailed history on your property. The title company needs to determine exactly how much debt is associated with the property owners. This is very important because no one will buy a property when there’s a possibility you owe way more than the actual value of the house. Or even worse, there is an unpaid debt from before you took ownership. This all needs to be figured out before settlement can occur. The title company needs to determine the amount of all the debts (mortgage, taxes, municipal bills, etc.) linked to the property and the owners. The title company is told that the sellers goal is to sell a house fast, so they can put rushes on certain items. All in all this process can usually takes between 7-30 days. If a property is encumbered with different debts, finding out the “payoff” amounts can slow things down. So once the title company has all the debt amounts calculated, they will give the go ahead to proceed with closing. Normally, if someone wants to sell a home fast and the property is free of liens and complex debts, We Just Buy Houses can close in a week. One other item to make sure about is how the company purchasing your house is financing the deal. Is the buyer using cash or will they be obtaining bank financing? Cash is king as they say, and in this case it’s very important. If a buyer is obtaining bank financing, the time period from signing the agreement of sale until closing takes even longer. In this situation, you are looking at a minimum of a 30 day close.
As a seller, if your goal is to close quickly try to have your affairs in order. Gather your loan statements, sewer bills, water bills, and any bill that could be linked to your property. Also, have 2 forms of identification. If your license is expired, then renew it. If the situation with your house is time sensitive you’ll want to do everything in your power to sell fast. On the flip side of this We Just Buy Houses also gives you the option to sell your house on your time. If you need 3 months, 6 Months, or a year, that is fine. It’s your house, you dictate the timeline.

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