So much debate has gone down about the best way to sell a home. Unfortunately, the present financial climate has made many people lose their homes either through a bankruptcy or foreclosure. There are many people that are desperately trying to avoid such calamities. This article discusses the 3 best ways you can use to sell your house fast and for optimal profits.

1.  Cash

Of course, the first way to sell your property is for raw cash. How do you actually determine whether or not your approach to a cash sale for your home is realistic? Sincerely, it all depends on the kind of individuals that you are marketing the property to. Nevertheless, in the large majority of cases, a home will mostly get sold for cash if it’s sold to an investor. They are the ones that will always be on the lookout for a win-win situation with home sellers. So, it’s quite crucial that you should try and remain realistic in your approach to the negotiations.

In the large majority of cases, any investor will desire to move such a property quite fast. The basic rule of thumb for such investors is to acquire any house for approximately 70% of its most current appraised value, less all repairs. Sellers are pleased to know that such investors are frequently capable of buying their house at a much higher percentage if, it’s likely to feature excellent cash flow. Be aware of this before you go on to list your home for sale.

2. As-is

The second way of selling your home is to find a person that is eager and prepared to accept your house as-is, is capable of getting financing, and will purchase the house at, or a bit below, its present market value. These are people that might have just recently relocated to your area and are eagerly looking to get their kids into a school that’s nearby and so on. It’s quite crucial to know that such transactions, even though they are quite common, are becoming a lot rarer. There are several homes currently on the market and sellers that are unwilling to price their properties competitively are frequently probable to come across a truly protracted process when attempting to sell their homes.

3. Mortgage assignment

Which is the third way to sell your home? This depends on whether or not you have equity in the property. If you do, then you are very likely to have a lot more staying power. Thus, you aren’t as probable to need to sell the house as quickly as a person that’s facing foreclosure. Nevertheless, if you don’t have equity in the house, then a great strategy you should consider is the mortgage assignment. In this way of selling, the owner transfers ownership to the buyer who then becomes the new owner. He then assumes the mortgage payments.

Any of these three can turn out as the best way to sell a home depending on who is selling, what he is selling, and who is buying. Consider all three and choose the option that suits you most.