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As such, many individuals going through a divorce are trying to find a fast way to sell their home and move onto the next chapter. Water invasion and flooding inflict devastating damage on a home, and a house with a history of water damage can be more difficult to offer. It's also pricey to fix, with the average water damage insurance claim totaling $7,000.
Comparable to water damage, damage triggered by a fire is hard and costly to reverse. A decent fire will damage your house to the ductwork and Sheetrock. Without sufficient homeowners insurance coverage or the in advance cash to make repairs, the only kind of buyer going to take on your home might be a financier who can pay money and plans to gut it.
Whatever the case, you can either pursue an off-market sale with a money purchaser, or, depending on your level of flexibility, sell on the free market with a couple of shortcuts worked in. Let's explore each opportunity. Sell my house fast as is : Ask for an all-cash deal for your house When you offer a home, 2 actions tend to be the most time consuming: In a hot market, homes naturally offer quick.
But in a routine year, your common days on market might be more like 35-40 days. A home in rough condition will also take longer than average to sell. A standard purchaser who's preparing to reside in the house will choose that it be move-in ready, and they might need the home to meet specific requirements for it to pass the appraisal.
On the other hand, data from Ellie Mae indicates the average purchase loan took an average 49 days to close as of April 2021. Even if you do zero home preparation and attract a buyer in record time, you can't accelerate this closing timeline so long as there is lender involvement. This is why, as they state, "money is king." Offering your home to a money purchaser effectively eliminates both of these weights that would otherwise slow you down.

However, you can take much of the uncertainty out of the procedure by working directly with an operation that buys houses for cash. How does selling for cash work? Normally it goes something like this: You avoid the song-and-dance of staging your house to impress, and go directly to asking for a money offer.