There are several factors that can delay the closing of your house that can weigh a toll financially and emotionally. The gears of a real estate deal don’t always shift into the next phase of the process smoothly. 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 problems with the title, delays in the closing can be costly and may mean the loss of the sale altogether.
No matter your situation in either selling or buying a home, understanding the various factors that could lead to the stall of a house sale is very important. Not only will it allow you to take informed action, but it can help you avoid any surprises.. So read on as we explore three situations that can stall the sale of your house in San Diego.
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. Many problems pop up during the house selling process such as loan issues. Professional buyers like those at Trusted House Buyers make it easy for sellers by providing a guaranteed closing date, often within a matter of 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. This fact in itself can eliminate the stress of timing a move or other personal issues that may arise. Another added perk of making a direct sale to professional buyers at Trusted House Buyers is that you will not pay closing costs. The amount that we will offer you is the EXACT amount of cash you will receive.
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. The current San Diego market will control the value of your home, and it is important to take a look at the comparable properties in your area because this can affect the outcome of your appraisal. 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. At Trusted House Buyers, our team of industry specialists handle everything, making the process streamlined and stress free. 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. We are honest and fair at Trusted House Buyers and will let you know if we feel your home would fare better on the open market. 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.
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. As everyone works towards resolving contingencies, other problems may begin to arise. One of the most common issues is discovering additional repairs need to be done. These situations can also stall the sale of your house in San Diego. Selling directly to professional buyers like those at Trusted House Buyer 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. At Trusted House Buyers, it is imperative that our clients feel satisfied with our work, and we want you to feel good about the deal LONG after closing.
The professional buyers at Trusted House Buyers understand the many situations that can stall the sale of your house in San Diego; our team has the knowledge and experience to help you through every step of the process and eliminate many of the issues that can cause a sale of a house to stall or even fall through. 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 Buyer 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!
