Do you need to sell your house fast in Sherman, TX?
It could be for any number of reasons:
- Probate Inherited Property: A loved one leaves behind property and you don’t want to deal with the hassle of renting it out or selling it traditionally.
- Foreclosure: You’re behind on your payments, or the loan servicer has already initiated foreclosure proceedings.
- Divorce: You’re dividing assets and want the process to be over with quickly.
- Storm damage: Sherman sees its fair share of severe weather, from tornadoes to hail, and making repairs can be overwhelming.
No matter the reason, you’ll want to be sure you don’t make any errors now that can cost you later.
Common Mistakes Home Sellers Make
When you need to sell fast, it’s easy to miss fine points in the sprint to find a buyer.
Here are some of the most frequent goofs home-sellers make after putting the “FOR SALE” sign out front.
The Price is Wrong
Perhaps you’ve read news reports saying Texas real estate markets are red-hot. You might have looked up prices of other homes for sale near you and thought, “My house has got to be worth that much!”
Even in a strong seller’s market, pricing too high can reduce your final cut.
First, you may miss out on qualified buyers. If a buyer can’t find financing for your purchase price, it’s possible the lender pointed to a lower-priced appraisal.
Furthermore, a house with too high a list price might end up on the market for a longer period. That may prompt prospective buyers to ask, “What is wrong with this house? Why hasn’t it already sold?”
The Time is Wrong
You may think you can sell your house fast in Sherman, TX as soon as you list it, regardless of the date on the calendar.
An important factor in generating offers: the time of year you take your house to market.
Winter – especially the holiday season – is usually the slowest time of year for selling homes. Most families do not want to relocate around Thanksgiving, Christmas, New Year’s Day, or in the weeks leading up to those holidays.
Blowing the Budget
Selling your house via the traditional manner can be quite costly.
First, there’s the cost of hiring a real estate broker. While most agents do not require up-front payment, the agents you and the buyer hire will get a cut of up to 6 percent from the final sale price. That means if your house sells at $300,000, you can plan to deduct around $18,000 from your proceeds.
Closing costs are typically negotiated with the buyer, but in some cases the seller will end up covering half or even all of the closing costs, which can be up to 7 percent of the sale price. For our $300,000 Sherman home, that’s another $21,000.
We can’t ignore the other costs you’ll be paying out of pocket. Those would be things like the cost of moving your family to your next destination; storage fees in the interim; and assorted “carrying costs”. Those could include taxes, HOA dues, or utilities for which you are still responsible until the sale is complete.
Sell Your Sherman, TX House Fast
Fortunately, there’s a better way – you can sell your Sherman home as-is and get a cash offer within 24 hours.
What if your house needs foundation repair or other maintenance? We can still take it off your hands in a hurry.
Even if you’re upside-down in your mortgage, we can still buy your Sherman house with our “Subject To” program. We are ready to close as quickly as paperwork is prepared, in as little as 7 days.
We’ve bought houses across North Texas, including condos, duplexes, apartments, and townhouses, in addition to single-family homes.
If you’re ready to sell your house fast in Sherman, TX, call 469-250-0018 or request a FREE, zero-obligation offer below. We would love the opportunity to help you sell your Sherman, TX house fast!
Sherman, TX Real Estate Market at a Glance
Recent data show houses in Sherman are staying on the market for about 22 days. Your home could take longer or sell more quickly, depending on many factors.
The median sale price of Sherman houses is $210,000.
We buy houses in these Sherman ZIP codes: 75021, 75090, 75092, 75459