Sell My Home Fast Orlando: 5 Top Reasons People Need to Sell Quickly

Orlando is well-known around the world, thanks to Disney World, Universal Studios, and SeaWorld.

There's no place else quite like it as it truly is one of the best destinations for family-friendly entertainment. However, hundreds of thousands of people live and work in the Orlando area.

If you're one of those people, there are certain circumstances in which you might find yourself wanting to sell your home fast in Orlando.

Here are the top five reasons why people need to sell quickly (and we'll also explain how you can sell your home as fast as possible).

1. Sell My Home Fast Orlando: Foreclosure

One of the biggest reasons why people need to sell their homes fast is foreclosure.

Florida foreclosures, like everywhere else in the country, escalate pretty quickly. It feels like one minute you're getting a few nasty letters from your lender, and the next thing you know, you have an auction date scheduled for your home.

A lender cannot officially start the foreclosure process until 120 days after you miss your first payment. However, once the foreclosure process starts, it can usually finish within 60 days.

One of the best ways to avoid a foreclosure mark on your credit report (or, worse, a bankruptcy mark) is to sell your home fast.

2. New Job Awaiting in a Different Part of the Country

While the above reason to sell your home fast in Orlando is less than ideal, this reason is much more upbeat. Many times, people will receive offers for employment that will be in a completely different city, state, or even country.

If you are a homeowner, this presents a bit of a problem.

You probably want to take the job but are unsure of what to do with your home. This problem presents itself if you need to start ASAP. Some jobs want you to begin working within a couple of weeks.

In this case, some people will try to take the job, leave their home vacant, and commute back every once in a while as necessary to sell it.

However, this adds an extra layer of stress that you probably don't need when starting at a new employment place.

Furthermore, it can be challenging to coordinate repairs and other fixes that need to happen before putting your home on the market.

3. Issues that Make the Home Unlivable

Sometimes things can happen to your property that make it tough to live there. These can be:

• Extensive repairs with bills that are challenging to pay.
• Smaller things like bad mosquitoes or difficulty getting rid of other pests, even after you've called an exterminator.

No matter what the reason is, sometimes things happen that significantly decrease your happiness living in your property. When events like those occur, it's often time to sell your home fast in Orlando!

4. Sell My Home Fast Orlando: Divorce

Divorce is difficult for many reasons, but one of them is the division of assets. Sometimes, when you get a divorce, you'll need to sell the home and split the proceeds according to the court.

Depending on timelines and how friendly you are with your soon-to-be-ex, you may need to sell your house ASAP.

One of the nice things about selling your home quickly is that the court can use the sales amount in all subsequent calculations. It also means that you can finalize your divorce sooner rather than later.

5. Looking at Bankruptcy

The fifth and final reason people typically want to sell their homes as soon as possible is bankruptcy.

Bankruptcy is a little different than foreclosure.

Many people elect to pay their mortgage before paying other bills (like credit cards and other unsecured debts). When this happens, your mortgage may be current, but your bills and unpaid debts are slowly racking up.

When this happens, you're often looking at bankruptcy. The problem with bankruptcy is that it is devastating financially.

A bankruptcy will cause your credit score to drop somewhere between 120 and 200 points, depending on how low it was initially. 

However, if you can sell your home fast in Orlando, you might be able to avoid bankruptcy altogether.

Perhaps you could sell it for more than you owe on the mortgage and get current on some of your other bills to give yourself a fighting chance to turn your financial life around. In these cases, people will look to sell their homes as quickly as possible.

How Can I Sell My Home Fast in Orlando?

The above five reasons are some of the common ones why people want to sell their homes ASAP in the Orlando area. The problem is that a traditional real estate agent cannot usually sell a property quickly enough.

Consider the average home sale.

• The agent will need to come into the property and take photos.
• They'll need to market it, have open houses, and find willing buyers.
• Even after you accept an offer, there's no guarantee that it will close.

If you need to start a new job tomorrow or avoid bankruptcy, you need cash now.

Fortunately, there are cash investors that are willing to buy your home ASAP. They can buy your house in any condition - no repairs or cleaning required. All you need to do is contact them, and they will take care of the rest.

It's worth noting that since these companies do not use a real estate agent, you will also save on commissions.

Most real estate agents will charge about 5%-6% commission (2.5%-3% for both the buyer's and seller's agents). By selling your home to a cash investor, you won't need to pay any of those fees!

Sell My Home Fast Orlando: Honey Home Buyers Can Help

If you need to sell your home as soon as possible, we can give you a same-day (yes, same-day) all-cash offer on your home!

Additionally, we can close in as little as seven days, and you will save on real estate commissions!

Ready to sell your home fast? Let us buy it!

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Created on Mar 10th 2021 04:57. Viewed 461 times.

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