There are plenty of reasons why a person might need to sell his or her house quickly. The best way to understand this is to put yourself in the shoes of someone who has his or her house on the market and needs to get out fast. Below are just a handful of the scenarios that real people experience when trying to sell their homes.
1. Bought a new house
I need to sell my house fast because I’m already buying another home. There’s a contingency on the sale, though, and I don’t have time to wait around for my old house to sell. If I sell my house for cash, I can focus on getting into my new home without worrying about what happens to my old house.
I bought my house when my kids were young but now they’ve all moved away. My house just feels too big now and I’m looking to move into something a little bit smaller. I don’t feel like taking the time to stage my home and get it market ready – instead, I just want to sell my house now so that I can move on with my life!
Our house was the perfect size before we had kids. Now every room feels a little too small and we’re walking all over one another whenever anything needs to be done. We have the money for a bigger house, but waiting to sell our current house just doesn’t feel reasonable. If I sell my house immediately, I can get my family into the much bigger home that we need.
4. Job Opportunity
I need to sell my house fast because I’ve got the job opportunity of a lifetime in another state. As much as I love my house, my job isn’t going to wait around for it to sell and I can’t afford to to have two mortgages at the same time. It doesn’t make sense for me to turn down this job just so that I can wait longer to sell my home.
5. New Relationship
My new relationship is going great and it’s time to take the next step. Unfortunately, we don’t live near one another and at least one of us is going to have to move. I need to sell my house fast so that I can continue to live my best life with my new partner. A quick house sale is exactly what’s needed for both of us, and choosing to sell my house for cash is definitely the best way to make the road ahead a little smoother.
6. Partner died
Ever since my partner passed away, my house has felt more like a cemetery than a place for the living. Though we have many wonderful memories here, the space is too big and reminds me too much of our life together. I need to sell my house fast so that I can get a chance to properly grieve without having to take care of a house that’s just too much for one single person. I’ll miss this place, but I know that this is the healthiest move for my future.
7. Can’t afford repairs
The last big storm hit my house harder than I ever thought possible. There’s so much structural damage that it’s not safe to live here any longer, but I can’t afford to make all the repairs necessary to keep my family safe. Putting it on the market for a traditional sale isn’t an option, either – no family is going to want to live in this place until all the problems are fixed up. I need to sell my house fast to someone who can get it back in livable shape.
8. Lost Job
The economy’s rough where I live and I lost my job without any warning. We’re okay, but we definitely can’t afford this large of a mortgage payment any longer. If we sell our house, though, we’ll have the money we need to rent until we can get back on our feet and get a new home. The longer I wait to sell my house, the more money we are going to lose and the more financial problems we are going to encounter. Selling my house quickly is the best choice for my family.
I’m sick of living in this town. There aren’t enough opportunities for advancement and I’ve got nothing left to keep me here. I don’t want to wait around for several months for my house to sell before I start a new life – I need to get on the road now. Since I don’t want any ties to this place any longer, my best choice will be to sell my house for cash so that I can be in the best possible position to start over somewhere new.
10. Neighborhood Declining
My neighborhood isn’t what it once was. All of my old neighbors are gone and most of the houses aren’t being taken care of like they used to be. In fact, I’m starting to feel like the whole neighborhood is going downhill and that my house is going to start losing value every day. I don’t feel safe here and I definitely don’t want to spend weeks or even months hoping that someone will feel like putting in a low offer on my house. I need to go somewhere safer, so I need to figure out how to sell my house as quickly as possible.
11. Neighborhood Improving
My neighborhood is doing great! My neighbors just sold there house for a hundred thousand dollars more than they paid for it and houses sell almost as soon as they go off the market. Property values are skyrocketing and new families are moving in, but I just don’t feel the same sense of community that I used to feel here. I know I should sell my house while the prices are still good, but I don’t want to worry about staging my house or going through multiple showings just to get offers. I can sell my house fast, though, I’ll be able to move somewhere that feels more like home without having to go through the nerve-wracking process of a more traditional sale.
12. Don’t get along with neighbors
My life has been awful ever since the new neighbors moved in. They’re loud, they park in my driveway, and they make every day a nightmare. They’re not going anywhere, though, and I know that moving is going to make my life so much better. I need to sell my house quick so that I don’t have to deal with them and so that they can’t sabotage my attempts to get out of here. I’m at the end of my rope and selling my house is my best option.
13. Moving into senior home
It’s time to move my parents into a senior care facility. This might be the house in which I grew up, but this isn’t where I live any longer. I’ve faced the fact that mom and dad won’t be coming back here again, so now it’s time to do what’s best for them. If I can sell this house for cash, I’ll have all the money I need to make sure that they get into a great facility and that all of their needs are cared for going forward. We don’t have time for a traditional sale, so selling the house quickly feels like the best move for all of us.
14. Upside down on mortgage
I owe more on my house than it’s actually worth. Property values have dropped, people in my area have stopped buying homes, and my mortgage payments are rising because of the mortgage that I should never have gotten. As much as I love this house, I’m not making any progress in actually paying off my mortgage. The only smart move for me is to sell my house for cash so that I can get rid of this debt and start in a home that I can actually afford.
15. Tired of being a landlord
Being a landlord seemed like a great idea. Now that I’m having to deal with tenants who don’t pay their rent on time and who are always breaking things, though, I’m realizing that this is far from the passive income source that I was promised. The best way for me to make money is to sell off my rental properties quickly so that I can invest in something that’s more my speed.
16. Moving to take care of Family members
My family always took care of me and now it is time for me to take care of them. I have a sick family member and their illness isn’t going to go away any time soon. I know I’m leaving the area, maybe for good, and I really can’t afford to keep paying a mortgage on a house in which I won’t live. I don’t have time for a traditional sale so selling the house as quickly as possible will be my best option.
17. Need the money for emergency
I need an emergency medical procedure and I don’t have insurance. My house is valuable but selling it won’t get me the money I need in time. This emergency came out of nowhere and I have no other options, so a quick sale for cash is going to be the most efficient way for me to get back on my feet while still having enough money to find a new place to live.
18. Military Duty
I’ve been stationed here years, but new orders have come and it’s time for me to move. I can’t possibly deal with a property in another state or country while I’m on duty, so selling my house is the most reasonable thing to do. I’m moving quickly, though, so I don’t have time to get a realtor and to wait for my house to sell. I need to get this house out of my name quickly so that I’m not distracted by it when I move.
19. Want to move closer to grandchildren
My grandchildren are the most important people in my life. My children have moved away, though, and I don’t see them as often as I’d like. Now that I’ve retired, I’d like to be a little closer to them. If I can sell my home for cash, I can move closer to them and finally get a chance to be the grandparent who I have always wanted to be.