Need to Sell Your Home in a Rush? Here’s How to Get the Best Price
May 29, 2023 | Selling
Unfortunately, homeowners don’t always have the chance to follow their own timelines when it comes time to sell. Instances such as divorce, power of sale, relocation for work, or the passing of a spouse or family member can create the need to sell in a hurry.
Selling can already be a stressful process without feeling rushed. However, partnering with an experienced, high-performing real estate agent can help you get the best return possible, along with taking away some of the anxieties that come with the territory.
As real estate agents in West and Central Toronto, we work with clients of all goals, needs, and backgrounds. It’s our number one goal to help everyone get the results they deserve.
Looking for personalized and compassionate advice about selling in a hurry? Send us a note, we’ll be happy to help.
Taking Control of Your Sale
Facing a rushed home sale is never ideal. While it’s easy to get caught up in the need to sell, it’s important to consider the outcome too. Far too often homeowners don’t get the opportunity to make the most of their sale because they feel pressured by a short timeline.
Thankfully, it is completely possible to get a great result even if you’re facing a time crunch.
Looking for more information about selling your home? Explore these other blog posts from our team.
Power of Sale
In the event that a homeowner falls behind on their mortgage, their lender has the legal right to sell their home. This is known as a Power of Sale (POS). When the bank or lender evokes this clause, they’ll list and sell the property on their own. After the remaining balance on the mortgage and any other related fees are paid off, leftover profits go to the homeowner.
However, if you’re facing a potential power of sale on your home, it’s important to recognize that allowing the bank to sell on your behalf will not give you the best return on your investment. Remember, your lender is only looking to recoup what is owed to them, not achieve a top-dollar sale.
Rather than letting your bank take the reins, you’ll want to work with a real estate professional who can help you sell for the right price. Not only can an agent optimize the outcome of your sale, but they help you sell quickly and smoothly too.
Want to know more about the difference between the power of sale and foreclosure? Click here to read our in-depth blog post on the topic.
Divorce & Separation
Going through a divorce or separation can be incredibly tough on its own. Adding a home sale to the mix can make things even more stressful. While it may be tempting to get through the process as quickly as possible, it’s important to focus on your future as well.
Whether one partner is planning to buy out the other, or you’re pursuing a joint share with split proceeds, you’ll want to work with an agent who has distinct experience in these types of situations.
Not only can they help you navigate the various logistics and compilations of the process, but they’ll also incorporate informed selling strategies to help you get a great price.
Staying on top of your mortgage payments begins with a well-budgeted purchase. Explore these helpful blog posts about being financially prepared to buy a home.
A Compassionate, Full-Service Home Sale
If you’re facing a rushed home sale, we feel for you. Selling is an often emotional and intensive process. As real estate agents ourselves, we constantly strive to provide maximum peace of mind for our clients.
If you’re looking for an optimized home sale from a compassionate and empathetic team, look no further than Stephanie De Souza and Associates. Whatever your timeline, needs, or goals may be, we’re happy to help.
We’ve been selling real estate in West and Central Toronto for more than a decade. In our years of experience, we’ve seen virtually every type of sale that you can imagine. With this knowledge in our back pocket, we’re able to see things from your perspective, all while guiding you towards a great result.
Need to sell your home in a hurry? Our award-winning team has innovative strategies to help you sell comfortably, for more money in less time. To get in touch send us an email or call 647-330-5279.
