The thing that sets traditional sales and cash sales apart are the time it takes to close the transaction. With a typical cash sale, it can take anywhere from 1 to 2 weeks. And with a traditional sale, it sometimes takes on average 60 days to close. However, with the coronavirus going on right now, you may be needing to sell quickly, but you have nowhere to go because of the coronavirus pandemic. We are going to answer that question in this article.
I Need to Sell Fast
Like many people all over the Reno area, they need to sell their house relatively quick because of situations like foreclosure, liens, code enforcement infractions, divorce, or any other difficult situation. And they reach out to a home buying company in the Reno area. These companies as you know can get the cash in your hand in as fast as 7 days after the close of escrow. Even though it may have felt like a long time, a few months ago, these people had no problem vacating the home. But now, things are a little more complicated.
Where Do I Go?
If you are needing to sell your house quickly but care hesitant because you are unsure of where to go , you’re not alone. The coronavirus has changed all of our ways of life in a whole new way. Just a few months ago you would have been thrilled about getting out of your problematic house quickly. Today, not as much. And now, you might be saying, “I need to sell my house, but I have nowhere to go because of the coronavirus”. Fortunately for all of us, Nevada hasn’t been hit as hard as other neighboring states like California, and the state hasn’t completely shut everything down, but not everyone is working which is a whole different topic of discussion. However, it is still hard to plan for something when you don’t know what will happen the next day. And we at Envy Property Solutions, LLC aren’t sure exactly when everything will return to normal, but we do know that your situation that was bad before the coronavirus, it’s still there and now may be worse. A question you may ask yourself, “is it worth holding onto this house even if I don’t know where to go?”. Only you know if the stress is too much to handle.
Can I still Close Quickly?
Yes. That is still a possibility. Whether you need to close in a month or a couple of weeks, most home buying companies in the Reno area can still accommodate you and your needs. However, at Envy Property Solutions, LLC, we want to make the selling process as stress-free as possible. And that’s why we are willing to work with you about closing on your house.
Since we have been dealing with this coronavirus outbreak, we have been making sure that your needs are taken care of. For example, if you aren’t able to move out of the house because you aren’t able to find a new one, we’ll work with you. We have been closing on your home within the timeframe that is specified (at the time of this article we are at averaging 21-day closings), and give you time to move out of the property. And plus, having the cash in your hand and having some time to vacate reduces the stress level quite a bit.
Okay, I Can Close When I’m Ready?
Of course. We aren’t pushy used car salesmen that are trying to get you out of the house yesterday. We are on your time schedule. We know that you may not be able to get out of your home right now because of the coronavirus and that’s why we are willing to work with you about your current situation. And if you have tenants, don’t worry we can accommodate them as well. As mentioned, we will not twist your arm just to make a sale. We are here to help and find the best solution for you.