Options for First Time Maryland Home Sellers

The selling of a Maryland house can be a big mystery if you’ve never done it before. It is very different from selling your kids’ outgrown bicycles or your old golf clubs.

Speedy Home Buyers – Maryland: Keep in mind that buying your house will be the biggest purchase your buyer has ever made. Since you bought the Maryland house you will be selling, you must remember the feeling of signing that contract and promising to spend the next 30 years paying for it.

You will most likely also be buying another home when you’ve sold this one, so just keep the buyer in mind when you go through the process. Treat the buyer the way you wish to be treated by those who sell their home to you.

You’ll need to decide whether to sell the house yourself, sell it to an investor, or have someone else sell it for you. When you sell it through a professional, you’ll be told what to ask for the house, what to clean up and repair, and when they want to show it, you’ll have to be prepared to take off at a moment’s notice and with the house kept spotless at all times, just in case. You will also pay a commission to the seller that may be somewhere in the vicinity of 3% to 6% of the final price.

Selling on your own, or for sale by owner, (FSBO) is somewhat challenging but can be done. Selling your Maryland home FSBO can  save that commission fee which can be important if you owe a lot on the house and can’t afford to give it away.

You will also need to determine what to ask as a price, how to best market the house to attract buyers, show the house, hold open houses, and learn what paperwork and contracts need to be completed for a legal home sale.

Some Maryland home sellers prefer to do it this way if they have time to sell, are living in the home, and have a sense of what it takes to sell a house.

The easiest and fastest way is to sell to a Maryland real estate investor. They buy homes in their current condition with no repairs necessary. Most investors know exactly how to process a legal sale and understand the language and how to process the closing and dealings with the lender.

They pay cash in most cases and can get the sale completed in about one week. If you are in a hurry, stressed out at the thought of the process, or don’t have the funds to spruce up and make repairs, this might be your best option.

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