Delays with closing on the sale of your house can be costly both emotionally and financially. As we all know, real estate deals don’t always run smoothly, and more times than not, there are bumps in the road. It can be frustrating to believe your closing date is near, only to learn that everything is on hold because of an issue that could have been avoided.
These delays only add to the pile of work to update all of the paperwork with the correct payoff amount based on the new date. From buyers who unwittingly destroy the credit that qualified them for their loan to problems with the title, delays in the closing can be costly and may mean the loss of the sale altogether.
No matter your situation, it is important to understand all the ways that the sale of your San Diego home can stall, and most importantly, how to avoid them. So read on as we explore three situations that can stall the sale of your house in San Diego.
Appraisal
A professional appraisal assesses the size and any features that add or detract from the property’s value, such as condition, number of bedrooms, closets, location, etc. It is important to look at the comparables in your neighborhood, these are other properties (similar to yours) that have sold recently. As we all know, the volatility of the current San Diego market can cause major swings in both directions when you are dealing with price. Problems with the appraisal coming in lower than the sale price can stall the sale of your house in San Diego. If you are concerned about your home appraising, a direct sale to professional local buyers like those at Trusted House Buyers is your answer. Trusted House Buyers has a full service team of industry specialists that handle everything from the beginning of the process to the very end. We want to make the process as streamlined and stress-free as possible. So that you can make an educated decision about which sales method is best for you, the professional buyers at Trusted House Buyers will lay out all the numbers for you to easily compare what you could profit from a traditional listing vs. a direct sale. If the professional buyers at Trusted House Buyers feel your house could earn you more money on the traditional market, they will be upfront and honest and tell you so. And, as a bonus, unlike a real estate agent, the professional buyers at Trusted House Buyers never charge commissions, and there are never any surprise fees to deplete your profits at closing.
Unrealistic Deadlines
Conventional closings typically take between 45 and 60 days. Another situation that can stall the sale of your house in San Diego is a preset date for the closing that doesn’t allow enough time for complications. Problems often arise when buyers go through their loan approval process, leaving sellers holding the proverbial bag and paying the holding costs for the property as time passes. At Trusted House Buyers, this stress is avoided because we are able to provide sellers with a guaranteed closing date, usually within 10 days. That is a far cry from 45-60 days! In addition, the professional buyers at Trusted House Buyers will not be moving in, so we can work with you to set the most convenient date for closing. Yet another reason to work with the professional buyers at Trusted House buyers is that there are NO closing costs. The amount we offer is the exact amount of cash you will receive. There are no hidden fees or hidden surprises.
Contingencies
Buyers often add contingencies to contracts for the completion of repairs and may also cover the appraisal, closing on the sale of their own property, or loan approval. There is always the potential of something to go wrong when there is the frustration of the back and forth dealings to try to resolve contingency issues, These situations can also stall the sale of your house in San Diego. Selling directly to professional buyers like those at Trusted House Buyers eliminates contingencies. The professional buyers at Trusted House Buyers buy houses in as-is condition, so there’s no need to spend another restless night worrying about passing the inspection. At Trusted House Buyers, we are your neighbors here in San Diego, and we are proud of our work which is why we have a policy of total transparency; we present you with all of the facts because we want you to agree that our offer is fair. Like our many happy past clients, we want to make sure you feel good about closing long after the deal is done.
The professional buyers at Trusted House Buyers understand the situations that can stall the sale of your house in San Diego; they and their team have the solutions that sellers need to make the process stress free. So whether you are one of the many sellers who simply want to avoid the nightmare of showings or are under time or financial constraints and need to sell fast, a direct sale to a professional buyer at Trusted House Buyers makes it simple. So why not talk to one of the professional buyers at Trusted House Buyers today without any obligation and find out how we can help solve your house-selling troubles easily?
Call Trusted House Buyers at 619-786-0973 to help with the sale of your house in San Diego!
