How to Sell a House Fast in Austin, Texas

sell your home fast

How to sell a house fast in Austin, Texas

While the jobs market and the economy is better than most places in the country, it doesn’t mean that there aren’t still some Austin, Texas residents who are having a difficult time in today’s economic marketplace.

As a successful Realtor, one who has participated in more than 1,200 real estate transactions since December of 2003, one of the most common questions sellers ask me is “How can I sell my home quickly if I have no equity?”

Sell Your House Fast Even With No Equity

Many people believe that there is only one way to sell a house:  hire a Realtor, put it on the market thru the Multiple Listings Service (MLS), and wait for a qualified buyer to find you.  Then the seller would pay the closing costs and their Realtor costs from the profits they made selling the house.  But what if you have little, no, or even negative equity?  What are your options?

First, let me assure you that foreclosure is NOT an option.  While it may be cheaper in the short run to simply let the house go to auction rather than paying the deficiency amount (difference between the sales price and the mortgage note), in the long run, the credit hits, the potential tax penalties, and the potential for the bank suing you for the deficiencies will be more damaging.

Therefore, the secret to being able to sell your house quickly in Austin, Texas, is to be able to work with a real estate professional who understands owner financing.

You see, there are many qualified buyers in Austin that cannot obtain a conventional note due to being self-employed or a business owner, or having a FICO score that would be high enough in just about any other economy but not this one.  They have money to put down but banks don’t want to lend.

These folks would love to put money down and purchase a house with owner financing in place.

Most real estate professionals don’t think outside the box to get real estate transactions completed, but at Hippie Hollow Homes, we do just that.  We know which contracts to use and which Title Companies to close through in order to make these types of deals work for both the buyer and the seller.

For more information on how to sell a house fast in Austin, Texas, please contact Shenoah at Hippie Hollow Homes.

 

 

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4 Responses to “How to Sell a House Fast in Austin, Texas”

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  1. Colleen says:

    So glad to see homes are going fast in Austin. Homes in our neighborhood at Sunfield are going fast too!

  2. Edmundo Hargrove says:

    I’d should test on hand here. Which isn’t a very important factor I often do! I benefit from reading a publish that may make people think. Additionally, i appreciate permitting me to remark!

  3. Danny says:

    Plenty of individuals will be taken advantage of your work .

  4. Brian T. says:

    It’s indeed a great time in Austin these days. But I am glad you provided some real good advice for other people looking to sell here in Austin. Love thinkin outside the box!

    Brian.

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