What is the Best Way to Sell an Unwanted Property?

What is the Best Way to Sell an Unwanted Property?

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Buying a home is part of the American dream, but the dream can soon become a trouble if you are unable to sell an unwanted property. An unwanted property is a piece of land you have to manage either because of inheritance or personal issues such as divorce and foreclosure.

In the case of divorce, banks will often ask the mortgage holder to take care of the property while releasing your spouse from any financial responsibility. If you want to sell the home but don’t know the exact process, then this article is written for you.

This article is also for those who want to resolve inheritance issues. We will not discuss specific issues like probate matters, but this information can also help you sell an inherited property in West Palm Beach.

How to Sell an Unwanted Property?

There are only three ways to sell any property:

  • Sell by owner

  • Collaborate with an agent

  • Directly sell to the buyer

These three choices will bring the same result which is relief from selling a home you no longer want. However, these options have different paths, and each one has its cons and pros.

Sell by Owner

The Internet is making it easier to sell the home by owner. You can directly connect with buyers, but still, this method has not achieved much popularity. More than 80% of people hire an agent for real estate transactions. So it is impossible to reach a significant market segment without working with a realtor.

Furthermore, selling by owner is not the right option if you are facing a tight deadline because it may take much longer than the traditional 90-day period.

Collaborate with an Agent

Working with an agent will most likely result in a quick sale. You can expect to close the deal in as little as 90-120 days. Hire a savvy marketer, and your home will get exposure and more customers. You will get the ability to choose the right price and the right buyer.

However, a realtor cannot bring results if you are selling an abandoned property. When a property has been left, it requires significant remodeling to put it back into the market. Without renovations and customizations, buyers will not show any interest in your home. At this point, realtors cannot help you. You must directly contact the buyer.

Sell to a Property Redevelopment Company

The right way is to sell your home to a local redevelopment company. These firms invest their money into residential properties. The company will redevelop the property to be sold to a new buyer, or they will rent it.

In either case, you will get your money as fast as within ten days of making the initial contact. You just have to communicate with a local residential redevelopment company and give them details regarding your property. A representative will visit your home for a one-time inspection tour. You will receive a no-obligation offer within the next 24 to 48 hours.

Work with Amity Property Solutions LLC

We are a residential redevelopment firm in West Palm Beach. Our mission is to rejuvenate neighborhoods by redeveloping one home at a time. We help people going through foreclosures by purchasing their properties for cash. Then we renovate these homes to raise lifestyle standards in our county.

If you are interested in selling your unwanted property, then please contact us. Fill out the form on this page. One of our representatives will get in touch shortly. After the inspection, we will send you a no-obligation offer on your home.

Once accepted, our team will start working to buy your home. We will close the deal within ten days or at a date of your choosing. You do not have to pay any closing costs or realtor commissions. Just send us the details, and we will take care of the rest.

[Photo Credits: SalfordUniversity]

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